Bitcoin Forum

Somewhere i am seeing that in 1st august who will have btc in his wallet or bittrex exchange he get BCC coin on the basis of amount of btc. So i think after heard that news everybody try to convert alt coin to btc by panic sell for earning BCC coin. For this situation i think until 1st august alt coin will dumping persistantly and after passing 1st august people will buy alt coin panicly. What do you think about 1st august?

I think after august 1, the price of altcoins will go down because the price of bitcoin will dump also after the possible pump of august 1 because people will secure their profits and they will just dump and buy back again when the market is maxed on its dump. In my opinion, those will be just temporary but they will go up again after the dumpers or bears will calm down.

As all scenarios are happening a fork on August 1, 2017. Many people (including myself) thought that this fork would only temporarily and the market will again upwards. Already many investors move their coins to hard wallet, paper wallet or offline wallet as many exchanges, including Coinbase, are simply not prepared for this event.

I read most of the exchange aren't going to support BCC so why you would do panic sell just for that coin? I personally don't know what's going to happen with the market on August 1 , if it will be green or red, who knows?

No one knows but I think prices will remain largely unchanged.

As they say change is the only permanent thing in the world. So upon the bip update, im sure there are some styles that would remain  but almost many would change there habits and strategies will also come up. Though the same and probAbly a lot also of the altcoins will update there own sites depending on the changes of the bip.

I don't think any negative is going to happen on 1 Aug. Yes, we might see some volatility in the price of Bitcoin as well as in the major alt-coins but after some period, it will become back to the normal. I am in fact expecting the price level of $4K until the end of this year. There is a panic situation among the Bitcoin holders and thus they were selling their holdings, However, the price is again getting on a bull run so I am expecting growth in altcoins too after this event.

What i think is that the fork will happen but bcc will be dumped because all the btc holders will keep btc and sell off their bcc and so bcc will go down at a huge rate. People will start buying bitcoin and hence bitcoin's price will go up and altcoins will see some volatility too. Altcoins can go either up or down depending on the volatility of the bitcoin. I have bought some altcoins now and i will see whats happening on the day of the event. If bitcoin goes down then i will buy more altcoins since altcoins will go up for sure if bitcoin goes down.

If you are sure that BCC will be there then I think altcoin price will definitely decrease, we know that bitcoin will split into two. So increasing the number of auto bitcoins will give higher bitcoin prices. Altcoin prices will drop quite drastically. But this is still a conclusion when bitcoin and BCC exist in early August.

Do not panic, everything will be fine. Whether bitcoin prices will go up or down but of course many people are expecting bitcoin prices will rise.

Altcoins' prices will be bumped when it gets near to the 1st August because after the 1st August, Bitcoin price will surely go down, traders want to keep their profits so they will exchange all their Bitcoin into Altcoins, that will make their prices go up

It could happen, altcoin prices will indeed be greatly affected against the movement of bitcoin prices.
We should see how the bitcoin moves later, because it can decide what steps we will take.

I doubt if that is the case. Bitcoin and Altcoin market aren't inversely proportional. Instead they tend to follow each other. For example, in the whole month of July we saw a huge dip in Bitcoin valuation due to speculations and as a result we saw a huge dip in marketcap of Altcoin as well. They again gained momentum when Bitcoin rebounded. Altcoin market is definitely dependent upon bitcoin to a good extent.

No one can really predict what can happen on and after August 1. At the time when BitcoinCash became a hot topic, Bitcoin decreased in value but right now it is already back at $2,800. I did not expect Bitcoin to behave this way as I assumed it can go even lower than $2,500...boy am wrong.

Volatility and unpredictability are now the two traits of Bitcoin. As to alts, the route taken by Bitcoin can have direct effect on them though there are times when market can defy historical precedence. I have invested in some altcoins and it is actually hurting to see them go downwards.

This is no difference before on Bitcoin unlimited where many of the bitcoin users got panic on this things, and now here we are again another rumors  and hearsay were some's are worried about this coming august 1, 2017. There's no reason to get worry after all, this is just really a massive fud by the others.

What I have understood till now is that mostly bitcon price determines other altcoin price in terms of its upward or downward movement in major coins.  Recently we all saw that btc prices came down from 3k to 2300$ so accordingly even ETH price went down and so other altcoin prices too.

I also think same but crypto market is quite hard to understand and market might not move exactly as predicted both before and after network split on 1st august. There can be more than 1 fork during that time and I am actually expecting some more drama on this segwit activation on actual date like few more mining pools might pull out their support for segwit2x etc.

I am closely looking at the markets to take out as much as I can.  ;D

So many different scenarios could be read every day so I stopped predicting anything because no one can realy say how it's everything going to develope. Somehow it seems to me that it would be the best just to o oversleep that period and wake up when everything is finished.
Some dump of altcoins could happen but not for very long time.

Money should flow from alt coins and into Bitcoin this weekend but after snapshot people will move back in to their Fav Alt Coins.

After 1 August i think the price of bitcoin will skyrocket and all the alts will follow it.We have to go forward after this fork

I agree ,i think your prediction will going to happen ,many bitcoiners want BCC ofcourse it will double the amount of your holding ,But i am thinking if segwit or the fork is not going to happen because i believe its only  a big FUD in the news to take over the price of bitcoins and dump it just like what happened.

No one knows the real thing that is about to happen, all of them are just speculations and hearsay. But there are some basis that it's going to be a big blast for the whole crypto market. I guess that most of the alt coins will be on dump and people that has investment with it will convert it to bitcoin and will just eventually get back on it.

the first august will be a great moment for bitcoin, if there is a split, then it will be remember in crypto currency history. I think in that day, it will be a new beginning for bitcoin and new coin (if its grow), there will be a dump for new coin if the price is high than other altcoin and for bitcoin itself, the price will be increase more.

It is, there will be a split and it will be BCC & BTC but majority will stay with real btc/BTC. That will make the price soar again and there will be new ATH that will be favorable to all of us who are holding bitcoins. I hold not that many bitcoins and alt coins as well but this is going to be a very beneficial moment for me and also to all of you.

No one knows and would really depend on how people would react into this matter because we dont know what would be the price of bitcoin on upcoming event but the pressure and panic is really on the atmosphere and i can really sense that which some people are holding back or just preparing on how majority of people would do their actions. Altcoin prices would be affected depending on how bitcoins price behaves.

Will go down as people are busy converting their alt into btc to secure at least their profit, while waiting market uncertainty to reduce which the volume would increase again.

Since the August on is 3 days coming well we cannot tell that their would be a downfall would be happen on bitcoins since for seeing the current price as of today it was still surging so provably the fall of prices will not occuring for not but we should expect that their would be a price hike and maybe by this time we can taste again the $3000 mark on this month.

There is no need to panic. Panicking is not going to do any good or change anything destined to happen. There are maximum chances that prices of bitcoins will take a ride to moon and other coins are most likely to follow their leader. All bitcoin supporters should believe in bitcoins and shall not give on their coins.

If you just know that the first one that did this Segwit before is with LTC. And it became a very successful one. You had mentioned that change is the only permanent thing in this world which I agree. Technology is getting faster and there's always a need to upgrade and update especially in crypto's.