Bitcoin Forum

Will ETH also stop trading this JULY 31st to August 1 UTC in exchanger sites? and will USDT be affected in this BTC update?

I do not think that Ethereum will stop trading at August 1. It is one of the main altcoins that people have invested in in their panic stricken actions. They would want to sell at the last second and buy up a the earliest time possible.
AS for USDT, (I think) it should only be affected if Bitcoin splits. Other than that, it should be fine.

I think not, hardfork issue only experienced bitcoin and ETH no effect, bitcoin and ETH price back up, this is a good time to buy as much as possible.

Why ETH is stopped?
No problem with ETH. ETH would may need a correction like BTC as it rise too fast and it has many ICO as startup will need that ETH from ICO.

I am also curios about ETH on 1 Aug, so far I HODL.

No problem with ETH but i think they stoped exchange BTC - ETH to determine the number of BTC, members had  at the time of August 1, 2017

it might be possible but only intended for btc<->eth trading, as many traders would be in the panic mode as what they have said traditionally that august is a bad month for stock market and other stock trading as what they are referring to as "a ghost month". other than eth<->altcoins trading will go on. but for a safer side some might stop trading for a while.

Maybe BTC AND ETH pairs might stop trading on that day but maybe things with Bitcoin will pan out before August 1st so then things might run as normal.

probably not. Because eth will not be affected of it. Even now the price of eth is rising today.

Yes, I agree on that matter. Bitcoin will be in danger but ethereum is a different and independent platform, so I think it will live its own life. If btc succeeds, eth will just go on the way it does now. If btc gets hurt (hard fork situation) then ethereum will grow in price, because people will sell their btc to buy second best thing which is ethereum. But then again, who knows, maybe people will make the failure of btc the end of cryptocurrencies.

Although Ethereum and bitcoin has the same base blockchain technology, but I do not think it will affect the ethereum. But if bitcoin manages to solve the problem, it is an advantage for bitcoin and its price will definitely be more expensive than the highest rate this year. And ethereum will also surely increase

ETH and USDT won't stop trading at all even if implementation of changes on bitcoin on august 1st will be done. After all, bitcoin. ETH and USDT are three different currencies, therefore it would not stop trading but it will be affected into some degree depending on people's actions before fork. For now watch the market movements, buy if you can, and see if ETH will pump or not after August 1.

only Bitcoin will stop. ETH and other altcoins don't stop. There will be no effect on the transaction of altcoins, but will most likely have an impact on the price of altcoins.

i think ETH will continue trading in that day because ETH have their own market so why they should stop trading? beside that, we can still trade ETH-USDT if BTC is stop trading. beside that, trading activity in market will not stop because of segwit and they still operate their market, the only thing that we should not do is not making withdrawal from one wallet to another wallet.

I dont think so because ethereum is not based on bitcoins only bitcoins will have a fork and affected of August 1 so the trading still going on.
Usdt will also continue Btc to other crypto i think will stop.

I dont think so, though all possibilities can still happen. We just wait later, hopefully not

I thought only deposit and withdrawal of Bitcoin will be stopped at the exchanges. Trading shouldn't be affected necessarily as it's just accounting of trade books on the exchanges only. Not to mention Ethereum is totally on another blockchain and why should it be affected?

No, I think ETH price will increase because my local exchange people are suggesting us to convert to your Bitcoin into any other altcoin. So there is big chance for ETH to increase its price.

I agree with you ETH can't stop trading if in August 1st, ETH network not have error or get attack by hacker as past days. But USDT will HardFork if Bitcoin HardFork, I believe this happens will happening in next time

Maybe eth-btc trade pair will be stopped but others like eth-ltc, eth-strat will be open.

it will be affected for somehow especially the pair of btc to eth since the major currency to be  used buying eth and if this something happen with btc value
for sure eth market will rise up since more pro traders will divert their assets from btc to another crypto and eth will be one of those popular option, just saying since we are going to witness this.

I haven't head much of ETH will be affected. best scenario would be: ETH will soar high

I dont think ethereum will be affected even if dumped I predict it will increase its price. I dont think ethereum trading will stop on aug1, as bitcoin is the one that is affected. Somehow, lets just observed what will may happen this aug1.

No more august 1 issue, there will be no split that will happen on august 1 for split is currently on hold maybe,we should try to read news on cryptos blog,there were post that there is a voting that happens that make BIP91 successful.

Only bitcoins would be affected by the chainsplitting/segwit happening on August 1. All other altcoins including etherium would just keep moving up and down depending on trading volume they have on the market.

You know that there wont be a hardfork on 1st august right? Segwit is approved.
BIP 91 just locked in. Up to 90 percent of all hash power signaled support for this soft fork, which implies miners intend, in turn, to trigger Segregated Witness (SegWit) activation. By extension, this should make BIP 148 obsolete and August 1 a non-event.
So dont expect something extraordinary thing on this date  ;)

A lot of altcoins use Ethereum Smart Contracts, and the market cap is above $21M,
so it's not gonna stop being traded in one day  :D :D

I think in August Ethereum could have some unstable rates jumping, cause no one 100% knows what happens. The problems with Poloniex will affect on CryptoCoins like BTC and Ethereum. But after the OmiseGo start in 4th quarter of this year, Ethereum will jump high.

Why,looks like newbies thread,flood of newbies activity specially about etherum.Even btc trading will ongoing,only withdraw and deposits will be suspended

^^^ don't think 8/1 matters anymore

Exactly, and more than that, many people sold alts with the fear of bitcoint fork. Of course the chains of ethereum and bitcoin are independent but it's incredible how bitcoin's trust affect all of the others. Now that the confidence is restored the money is comming back to all of them (at least to the strong and solid ones).

The suspension of ethereum trading for this bitcoin action is totally meaningless like you said. Their blockchains are seperated from each other and this is known by everybody. Ethereum has nothing to do with bitcoin transactions.

This question is like asking what happened to bitcoin when ETH split to ETC and ETH, did people stop trading bitcoin? NO. Everything still goes as normal as nothing happen even exchange sites are only suspending the blockchain while every other thing goes as normal till when everything is clear about which direction to go. Maybe the fork will not even happen, who knows but everything suggests towards that.

In the day 31.07.and 1.8  there will be a huge trade. I hope this then the network does not collapse and one can still act well if it must be

Etherium is separate from bitcoin and will not be experiencing and fork as far as I know. The August 1 issue only affects bitcoin.

The only affect could be a residual affect on price. People selling bitcoins could make all coins drop in price, or if people sell bitcoins and buy etherium, then the price of etherium could actually go up.

I don't see the second thing happening soon. Even with the fork, bitcoin's still strong.

No, I do not think so, ethereum will continue to be traded in tether or other kind of fiat. There are many places supporting this kind of trading such as poloniex or coinbase. No need to waste your time waiting for bitcoin to finish its hard fork

Neither ETH nor USDT are related to BTC in any direct technical fashion.
If an exchange does not stop trading in general (why should they?) those two won't be affected.

This topic and why and how orange event will affect banana's life

I think not, those who do the trading should be trying to get a profit of magnitude on the segments that occur on that date, many people are looking for opportunities to sell their ethereum while others are in a panic. And we know that ethereum is top coin for traders.

it will not stop tho eth will be affected on what will happen on BTC

Only pairs with the Bitcoin combination will be suspended and the rest will continue being used as usual as there is no reason to have them suspended! Hope the ethereum network wont be congested during the bitcoin fork.Let us wait and see what happens

I dont think ethereum also stop in august 1 because ethereum and butcoin is difference and thats not affect if they have doubt in bitcoin in august 1 . Ethereum will increase for sure once bitcoin affected in august1 because many traders buy potential and ethereum they have so buy more ethereum instead of saying that ethereum also stop . We dont know what will happen in the crypto world on august1 but we hope for sure everything will be fine.

I dont think ether will stop trading may be it will increase the amount of transaction near august 1st and after one week . Ethere is already done with hard fork ETH and ETC evolved there is no point on stopping ether trading.

Waiting the decisive from exchange, maybe BTC and USDT pair will frozen, only Ethereum and Monero market can still trading normal (Poloniex exchange). I guess if this happens become true, the price of ETH and XMR will increasing more now

Most altcoins are traded off bitcoins, eth is no different. I expect a slow down in bitcoin spending come August first, to pick up later. For sure it will affect the volume of eth traded, but I dont think things will come to a full stop.

I strongly agree to this. ETH price have a high chance of going up as BTC will remain stagnant due to stop of its trading. But so does it might also remain stagnant also same as BTC and wait for the result of its update.

thats the question now , theres so many updates in alternative cryptocurrency , i thought earlier our campaigns was gone , but they move it only in other places , i think etherium will stop either

Only bitcoin transactions affected in Aug.1 and therefore Eth transactions will not affected since it uses different blockchain but of course eth-btc pair in exchanges will halt until aug2 or depends on what will happen after aug. 1  

Just be careful not to trade at that time, anything can happen let alone trading ETH on one of the exchange. Because storing bitcoin or other altcoin like ETH can just disappear. My advice to it in order to pull out all of it into your personal wallet not on exhchange.

i think no , we all knew that etherium is the second place of the most expensive coins right? i think etherium will grow up high , they'll try to take advantage to bitcoin while their having problem and the btc will stay low , but the etherium is growing

With the happens in current, the user Bitcoin really need have knowledge about Desktop Wallet Bitcoin can keep private key or cold storage. I have some friends not have this knowledge and very panic when BTC-e in past day officially down.

What you say, I really do not believe ETH will stop in trading, can you give me a link about the dismissal?

This thread just is a guess in August 1st. Because if Bitcoin active SegWit2x and UAHF, Bitcoin pair and USDT pair will frozen for keep safe funds. So, Ethereum and Monero in that time are best choice for replace. But if whales want control the price on market, they will make exchange frozen ETH and XMR too.

I do not know about etherium will stop trading the market. I think etherium can still be in trading there will only be a decrease in price.

Looks like you misunderstood about it, I think for the 1st of August it has no impact on any trade, because the intention of August 1 is just to clear any server that ever happened in the past, which I know you should not do Teransakisi on August 1 , If you make a transaction on 1 to 2 August your transaction will be lost.

Trading will not stop if we do not exchange altcoin to Bitcoin, if you want to exchange your bitcoin with Bitcoin then you better wait after the date of 1 Augusts.

Yes i think so, if you want to exchange altcoin don't exchange to bitcoin, it seems altcoin trading besides bitcoin still running, for example you can swap coin pillar to etherum vice versa, but if want to exchange with bitcoin you can do after process hardfork finished, it will be safe.

I think not. Most of the people invest on ether and at present ether rising rapidly. Ethereum Trading is so popular of cryptocurrencies world.

Bounce. Use the word bounce. Ethereum Trading will bounce around August 1st as you can buy ethereum using fiat as well as any of other cryptocurrency.

Fiat buyer will bounce the ethereum market.

No it is only in Bitcoin the Ethereum is still gonna process smoothly and no effect in the process happening in bitcoin. The transactions and progress of bitcoin didnt have a effect in the other cryptocurrency process or transaction i guess it is just like what happened when the Litecoin segwit become a success.

I dont think that ETH would be affected on this upcoming August 1 since it has nothing to do with the event since its just purely for bitcoin and theres no relation between the two which means it not possible for it to be closed too but only bitcoin will only experience such things on this August 1. Trading would still continue and now seeing the price its already dumping as far as i can see. Time to buy some cheap eth later on.

Yeah , True . Here both bitcoin and ETH coin have separate algorithm based technology and they are not connecting to each other at any point .
So during change taking place in the bitcoin , there will be no effect of technology .
But here also A new thing that I would like to tell you that there is also no effect on the btc trading , because btc at the exchange in your account are only written data and nothing we need to operate .
So if we have btc at the exchange sites then we can trading with bitcoin with any coin and vice versa .
But only deposit and withdrawal will remain stop for some days ( may be 3 days ) .
So don't take tension , and if you have btc then make trading at exchange and don't make transaction until everything goes well .

why would it stop? Segwit is for bitcoin not for altcoins. So it has no connection with ethereum transfers. Ignore those stupid rumours. There wont be anything anormal on August 1...

I don't think that will happen, you are saying this because of the split? If so, in my opinion I don't even think that the split will take place, and if it does, I don't think it will affect altcoins in any way. We will just have to wait and see

The trading volume from ETH / BTC is only about 13-15% so there is no reason why ETH should stop all activities on August 1st. The market is now chaotic when both of them meet problems but everything will be ok  ;D

I remember many people recommends ETH trading as it is slightly less effective than bitcoin, But we cannot say that it can be stop it will continue and in future Eth  trading is known as best own but now it is the era of bitcoin so get it more and more invest whatever you have.

Yes you are right we have to look today not future because we do not know what happen in future expect this lovely info that bitcoin’s price to start rising again on 1st august, So, ETH have no value now a day but may be some where in future they get attention. I do not want to get struck in between times.