Bitcoin Forum

On the 18th of July, after the market  hqd taken a plunge two days earlier, this was the picture on my trading desk. Looking at the picture and then the possibility of a split into 2 - 4 Bitcoin coins, what was going to be your decision? Do you think those indicators have anything to add in reaching a trading decision? In between when this shot was taken and now, market have moved from $2300 to Over $2700 and most likely testing $3000 before 1st of August!

https://i.imgur.com/ppMzXikl.png

What do you mean? Bitcoin price still persist over $2650 and where do you find it at $2300, on your trading desk?
Do not spreading fud news, bitcoin won't split into 2-4 coins, bitcoin still one and always be the one, consensus rule make it happen.
People or miners simply choose to signaling for segwit or not, if the hashrate on the deadline still not enough around 89%-95%, then it won't be activated. Let's see what will happen in August, but I'm quite sure bitcoin won't split.
Edit : For BIP148 Bitcoin, if garners >51% of the network hashrate, UASF supporters are victorious.

I do trust segwit. Why so worry about August 1? Just sell all your Bitcoin to any shitcoin you like. Then rebuy it at the dip after August 1. Instant money.

Trade your worry to profit ;)

Honestly i don't understand what actually do you mean.. Well bitcoin was stable few weeks ago with $2300 value but people are afraid about segwit or what will happen in august 1 that is why the price was drop until $1800 value but after beginning running segwit software by some miners its normally running this is what i heard from them and announce that segwit is running normally so it means after august 1 after activation it will running normally..
This is the reason the price was increasing fast until the price was touch back to $2700 value ..  but the fear after this month there are still people are afraid after august 1.

My decission was selling it. I really couldn't take the risk of sharp downs. I sold it out and started to wait for 1 august segwit. Carrying positions very dangerous for now.

By the way, what's the chart or system you used in the image? It's very cool.

I think that making any trading decisions related to August 1st is basically gambling.  It's very tough to gauge how other traders are going to react to the event.

It'll be a tad more bullish now that BIP 91 is locked in, because it seems like the splits will be less relevant in the short term.  Still, definitely hard to tell.

If I were you I'd just short when it gets overheated (like the leap to $2740 it just did) and go long when it dips (the $1800 thing recently).  Once it gets anywhere close to the actual date, definitely withdraw to your own wallet.  You don't want an exchange controlling your private keys when it actually happens.

never worry about it, just buy cheap bitcoin.

you will lose only if you sell.

i am not to worry and i am not fear of 1st august, if i see there is a down price, then i will decide to buy more bitcoin but i will make sure the price is really down. from the image you insert, i see the trend is down day by day after we reach the highest price $29xx before the end of this month. and if in 1st august the price is really down, then its our opportunity to buy back bitcoin with lower price, i think many people won't missed this moment to get more bitcoin.

i don't understand why ask something that is now over and 4 days has past from it!
anyways my speculation was to buy the dips (https://bitcointalk.org/index.php?topic=2015798.msg20081302#msg20081302) and as i said by that time we were in the same FUD pattern as before because of a fake news about split and people were fearing for nothing.

and as it turns out the $1830 dip was exactly the same as the $880 dip.

Although the scenario about Bitcoin HardFork have been a lot in the past, but it still useful with whales for creating panic and make mentality of trader always fearing. And in past days, the result from this scenario is make the price of Bitcoin crash to $18xx with successfully of whales and loss of newbie

This stuff is taken very "panicky" now a days. To be honest there is no need to fear the august situation because according coindance data I can predict that bitcoin segwit has got all the support that it could have. It is likely more than 80% of which most of them are miners, whale investors and they can turn the world of bitcoin upside down. With my knowledge I'm sure they won't let down the traditional bitcoin and whatever other form produces (if split occurred) then that would be having almost no value. So it is better to keep our investment steady with traditional bitcoin. Once the august comes you will know it yourself :-)

Yes, you lose only if you sell.

Staying neutral at this point looks great to me. Let's watch over the fence what's happening. If green signals start popping up then we can jump the either side of it and make our way. I'm pretty sure nothing is going to happen with bitcoin, it will get greatest support of all time and will benefit us in terms of profit. So stay tight and wear your sunglasses because bitcoin is gonna shine like anything.

That was on the 18/7/2017, price was $2300 as in the image and I actually bought some Bitcoin, because the signal to buy(bounce from 50% Fibo retracement level and oversold condition from Bollinger Bands) was strong enough for me.
  I don't see how that's spreading of FUD! Are you well aware that signaling of BIP91 was fast tracked to counter UASF that is billed for August 1st?  Notwithstanding that more than 90% of miners have signaled for Segwit2x and BIP91 locked-in, there is no consensus and Bitcoin core are still bent on BIP148.

Apparently Bitcoin is not all about miners, but users and companies that does business with it. With that, you don't require a mirror to see what is in your hand and it's certainly not a time for wishful thinking, follow the facts and you won't be caught up by any surprise.

http://www.trustnodes.com/2017/07/18/60-bitcoin-miners-started-signalling-segwit2x

We all saw that bitcoin fork, which all be scared about, that we can lost the price of bitcoin but nothing happend, but it raised up to 2800$. To be scared of some segwit i think it's no reason 

Yes the market was actually on a free fall, but got some respite when some miners started signaling for Segwit2x through BIP91. However, that is more or less a first aid, what a number of people fail to understand is that Segwit2x also proposed a hard fork to follow after 3 months of activating segwit, which would change the cords of Bitcoin and that where the BIP148 - UASF guys differ.

Not a bad idea to steer clear of troubled waters especially if one does not have a lot of fund, however knowing that market price doesn't continue indefinitely in anyone direction can create a lee way to lay ambush for the market, buying at significant support levels and sell off at resistance levels, on and on till the storm be over. For now the storm is not over yet.

I use Fibonacci retracement and Bollinger Bands for charting the market, your can see how market reacts at those levels!

Some fear of august 1 because they think that bitcoin will die.Even though price of bitcoin now is very cheap but still bitcoin are hoping for what bitcoin can give in the future.And I believe that after august 1 until the end of this year bitcoin is getting popular.Anf this will be a welknown currency because of quick,easy and fast to use.

i'm just trying to Buy Altcoin with BTC and waiting for 1 august. after Segwit2x i will start again my trading.....

Many people do just that. They just convert bitcoin into some popular crypt. But I'm not sure that this will help to avoid risks. After all, if we look at the graph, the volumes can see that if the price of bitcoin falls, then all alternative coins also become cheaper

who said when bitcoin price fall all alternative coins also become cheaper ?
i don't believe it,alternative coin function was to create a way to make more Bitcoin,
that mean,when Bitcoin price every altcoin will be pumped so hard,

because they're taking it as an opportunity for them to collect more Bitcoin.
don't worry about price fall or something like that,Bitcoin always survived and recovered it price.

based on your chart,more likely we can see another pump in the few days later before 1 august or sideways and after that correction (medium correction type may be)

Nobody said, but it happens allways. When BTC is UP, alcoins are going down. When BTC is DOWN, altcoins are going also down. It's like Ground-hog Day, always same tings happens  ;D

I don't know what you wanna say but i will answer the question regarding decision . For me i will still hold my bitcoins after all i save it in hardwallet and some converted into other coins .One thing i know bitcoins will go more than $3000 and it may hit upon after a successful fork .The moving up these days show only that bitcoins is unstappable and many uses it to earn .

Currently you don't need to be fear. BIP91 is getting more and more supports >90%. And in case of hark-fork being avoided, the price will be to the moon. But just as a security precaution, transfer all BTC to address you have full control of. Then in a case of split, you will request both coins :D

there is no end of carnival, please hold your bit coin, and if possible, buy more cheap .

It still is dependent on the demand of people whether the price would shoot up or plummet. And with btc's popularity now i don't think we need to worry about anything major his coming aug1. Relax and we'll all be ok amd never panic sell.

I think the bitcoin will collapse after August 1st

BIP91 activated and lock-in, we just need waiting result from this Soft Fork for decivision buy or sell Bitcoin in next time. In my opinion, maybe have some bad news about BIP91 lock-in failure when processing and make the price of Bitcoin crash in short time, but it will recovery soon

This question I also have maybe within this weekend we will get one more price crash in Bitcoin. This is a just expectation it may fall or may not be. But after that, the price must increase. The exchanges are buying our coins $150 less price to compare present price I don't know why and what their intention.

Here's what I think. There will be no more price dip after August 1. The dip is over at least for now and next month and the next month also. When the SegWit2x was already reached, the price was already recovering as the fears were all assured to be just without basis. I think the next round of this same problem will still reoccur in 2018. I hope not though.

We have seeing all that supposed happen by August 1st. The fear of the unknown outcome of 1st August meeting is over and there's no more panic of any kind about whether bitcoin will split or not. Now everyone who was able to hold and who bought bitcoin when the price was around  $1900 are all counting their profit and those who sell out of panic are yet to recover.

BIP91 ACTIVATED! Non-SegWit signaling blocks will be orphaned. With the signaling, mining pools nearly unanimously rallied behind the proposal, and BIP 91, designed partly to avoid a potential bitcoin split in the network, emerged as the first major step in following the roadmap.
So I think there's no need to panic and fear Aug 1. As the looming bitcoin split are averted. Although we still need to be cautious come that date. I personally believed that bitcoin price will not dip that much and it will still above $2000 which is still a good price for bitcoin.


Just wow. The level of FUD waves here in the forum is so funny indeed. Newbie predicting the bitcoin to collapse without any basis. Purely lies and just FUD.

i do not think that the price of bitcoin will fell down anymore.i think now we can only expect that the price of bitcoin will continue increase and there will be not such downfall in the price of bitcoin, in fact people are now too much confident about the price of bitcoin and therefore they are not selling their bitcoin any more and are still continue to buy it.

Not if the possibility for a split in the network is still lurking in the background. The core developers are going along with their proposal for UASF come August 1st and that clearly shows the storm isn't over yet. Best to be cautious with buying especially as the date draws nearer.

Because there is an announcement regarding the bitcoin scaling. I mean the fact that majority of miners have voted for the bip91 to decrease the possibility of the split. I mean there are some people thought that the possibility of the split in September. The chart has told anything for us regarding the market condition of bitcoin itself.

Fear has been gone Buy NoW !! Enjoy Happy trading .. as i knew it before that it will not Split . because Segwit will umbrella on bitcoin  ;)

Although there will not be a split, I think that many people remain unaware of this or are still afraid of the possibility of a split, so I'm expecting to see a drop in the market shortly prior to 1 August.

Just another speculation to shake the market I guess, bitcoin core said this or that because they want everyone to be prepared.
I'm sure, bitcoin will facing problem on August 1st, but as stated before, do not transact using bitcoin within 24-48 hours on that day.
Everyone who in trading business should see it as a chance to buy cheaper coins due to if bitcoin price drop back, altcoins are following to decline as well.

I don't think there is anything to "Fear." Just be smart with your coin-- keep it in a hardware wallet/something you have complete control of. I think Bitcoin will rise in value just prior to Aug. 1, then on Aug. 1, we will see a slight increase for around 2 hours after everything happens, and then a drop that will recover over the following weeks. But that's just my speculated guess, and probably completely wrong.

That is same with me, i have bought ethereum and just hold small amount of bitcoins wait for the activation segwit, but Bitcoin users have kept a close eye on the BIP91 lock-in period. This lock-in has now been secured with relative ease. However, there is no reason to get your hopes up just yet, as this lock-in period means nothing until things change on the network itself.
Here interesting an article about the activation, https://themerkle.com/bip91-lock-in-does-not-guarantee-a-swift-segwit-activation-on-the-bitcoin-network/amp/

I was not fear on August 1 because I think there's nothing change after separation of bitcoin and segwit because I believe that bitcoin were still stand even without segwit. Moreover there's a new opportunity to the investors to take the position of segwit.

What I see is buying opportunity at present. Till 1st August with various rounds of speculations, price will drop further. But I am sure there is nothing much happening on 1st August that would be deadly or is a threat to Bitcoin. Instead there would be an instant jump because of no major negative happening. This BitcoinABC fork which has the maximum possibility of happening isn't on a bigger scale to fear of.

Lets hope for that and lets hope for the best on what will happen this coming august1. Lets hope thats theres nothing big impact on us or the price of bitcoin in segwit or the spliting of  bitcoins. Well now there are ton of people that is really positive and there are people playing safe, they cashout there bitcoin because what ever happen this august 1 they are safe. Lets just see what will happen

I never fear august because that was on upgrading for the better transactions of bitcoin. I know they will make it better for the sake of the holders of bitcoin. Anyway, there is still holders that are still fear in august 1st or the segwit. We never blamed them because they only secure their money-invest in btc.

So you mean to say that bitcoin price will fall down after august 1.Selling bitcoins due to fear and buying any shitcoins is any one's wish.But selling it and rebuying bitcoins at a low price would only remain a dream.They would have to just stay with their shitcoins regretting for their decision.

i also have no fear about. i am sure that 1st August will have no effect on the price of bitcoin and hope that very soon after 1st August the price of bitcoin will reach to the moon. i think there is no need to sell your bitcoin in present price but to hold it for future. because in near future it is expected that bitcoin will give me a good profit.

I HODL for my current BTC and coins, they are still on the good shape.

To buy?
No, me waiting for next train probably.

whales want to take your BTCs before huge pump.
don't give to them and hodl.
don't look to market price.

Fear? Probably yes because I worry after August 1 later the bitcoin price will falling down. I also hold some altcoins and worried following the price will down too. For now i'm not buying or selling my coins, i just waiting for fortune.

to me i personally do not think that the price of bitcoin is going to fell down any more after 1st August, but i am sure that after 1st August the price of bitcoin will increase too much and hope that at the end of 2017 the price of bitcoin will be trading above 6000$ level.

They already took it when the price was on 1800$+, Now they are holding and people who panicked and sold are in deep loss. Its like that every time and Whales just buy more and more when people do panic selling. I opted for the most popular option on the poll, no fear at all. Happily holding my BTC and supporting the segwit.

We dont know what will happen in the price of bitcoin in the date of of august 1 but I hope the price will become stable and it will increase more. I will suggest to those people want to buy bitcoin its better to buy bitcoin before august 1 and buy bitcoin after august 1 . Thats I think its better to do if you have doubt you do that. For sure it will be effective thats the trading strategy . And I will do that today.

The idea that bitcoin would be splitting into two or more has been really bugging out the mind of miners, traders, and investors. What could possibly happen? How would it affect everyone? But as of now, im planning to play this safe. I might sell AND hold. I'll be selling maybe 50% and hold the other half. But things might turn so i might change plans. I believe this is not the end of bitcoin but instead the beginning of more convenient, developed, convenient and advance system. Let's just hope that what MIGHT happen on Aug.1 would turn out to be good for all of us.                             

I think we have already seen the show and the expected impact of 1 Aug on the mindset of Bitcoin users. There was a panic selling wave a few days ago and the market is recovering slowly now but still, I don't know why but some people are worried about this scheduled event. Nothing negative is going to happen but still, they are scared of it. I am not buying and not even selling my bitcoins as I believe that Bitcoin will be back on track within a week after 1 Aug event.

Fear smells just like money.  ;)

check this one guys
 hoping hes speculation is right hahaha, according to him
"Bitcoin will be great and to the moon" ~ Chandler Guo
After 1 August, Bitcoin to the Moons of Neptune and Beyond... $5000 or $10000 ?? :-)

 https://twitter.com/ChandlerGuo/status/889146349710594049

I'm not afraid on what will happen on August 1 but we need to be careful in our decisions that we will make. If you hold some coins now then you will put your coins into risky. We trust bitcoin that it will be successful but what if its fail. Therefore, there is nothing to fear on august but we need a right decisions for it.

Same, for me it will more pump after that because segwit goal is to make more faster the transaction, this is good spot for now(date), sit and relax, be update or aware in every might possible to happen before and after august 1

Thats what i see too that after that aug 1st all of that will go back in normal way fir that news theres a lot of traders get panic the reason why is they think more complicated we should stay calm and wait fir what would be reasult although it may not come bacj again for what btc reach in a past years.

Either way, segwit is inevitable only one side is simple segwit and the other segwit2x (segwit+2MB.) If the proponents of UASF are still bent on implementing BIP148, then the possibility for a split is still there and in that case the price of Bitcoin would definitely be jolted. Better to have that at the back of one's mind.

I believe it will touch above $ 3000 after we pass the 1st stage of August later, yeah all hope that a difficult stage like this bitcoin price goes back to the moon

I'll wait calmly on August 1 and keep my coins. I'm sure that after it passes on August 1 and the panic begins bitcoin begins to grow rapidly and many will be able to get a good profit.

1900 more SegWit blocks required for lock-in

https://pbs.twimg.com/media/DFvWhN4XYAACosu.jpg

what do you think : can we fear before 1 aug. ?

Im not worried, because lately I heard news full of drama, but prices remain stable
Entrust to miners, they will unite for the right and best decision for bitcoin.
I chose to secure my bitcoin, and Im sure whatever happens on August 1st, that's the best for bitcoin

As long as you keep your coins with you, you don't need to fear about anything. Also, it wouldn't take long. Besides, if there would be dips after the chain has stabilized, wouldn't it be cool to grab some cheap coins before this thing skyrockets once more? Also, given the past few weeks full of negative news, price tends to stay afloat still.

The event have already played out and is no longer an event in the Bitcoin ecosystem. What the community is now awaiting is the action the UASF supporters are going to take and subsequent reactions that may trigger. All however agree that price is sure to plummate   soon after  August 1st.

However, we just still need to hope that btc can recover from all this things happening. Let's see whether they're move will be for the benefits of many and can implement well or if the development is really helpful. We can only know after that day.

When I first heard about what will happen to the August 1I really scared because I thought there will be bad that will happen to the bitcoin and I found out that I am wrong. There is no need to panic and the market will be a good again after the August 1.

You can buy some gold with bitcoin to feel safer use my ref code www.vaultoro.com/?a=104348   ;D

Segwit continues. August 1 bitcoin holders will have a chance to receive free bitcoin cash so what is there to fear? Hold your bitcoins and claim you free bitcoin cash. That's all. It's free money. And after 1 or 2 weeks bitcoin holders can claim another airdrops from byteball.

For all the years of the existence of bitcoin, I have already gotten used to bad news and panic, so I'm not afraid on August 1. The main thing is to keep your coins and not create panic.

Some fear of august 1 because they think that bitcoin will die.Even though price of bitcoin now is very cheap but still bitcoin are hoping for what bitcoin can give in the future.And I believe that after august 1 until the end of this year bitcoin is getting popular.Anf this will be a welknown currency because of quick,easy and fast to use.

What I am afraid of now is that on the first August, Bitcoin will be seprated into 2 diffirent blockchain that leads to a price-drop of Bitcoin, I don't really want Bitcoin price to go down in this time as I am holding Bitcoin now.

Well not fear but a little bit confuse on what would I really do in August 1,
But I think it is better if I just calm myself and wait for what's going to happen.

There is no reason for me to get afraid. I have know enough knowledge about what will happen to the August 1. My btc is now safe because I follow all the important details in the news that I have read.

Personally, I dont see anything my fear about August 1 because I believe it will come and go and everything will be back to normal. My concern is for people who are not willing to wait and not allow their trust or faith in bitcoin to shake and because of that decide to go the exit route. August 1 is one of those challenges and I believe more will still come in the future and bitcoin will survive. The little you have, save it because you might not get the opportunity to have that again.

Venture is a necessity for you to become rich, for me, segwit is not a difficulty, it is a catalyst to promote the development of bitcoin, so many predictable results, but I believe bitcoin is still no matter happens.

A big disadvantage if it sells BTC now.
We all know right now if you keep BTC in your wallet until August 1st, 5:20 am (12:20 pm UTC) then you will get BCC for free.
For example Bittrex will reward 1 BCC If you have a 1 Bitcoin (BTC) balance on Bittrex during the BCC UAHF time on August 1st, 5:20 am (12:20 pm UTC).

Things are a little clearer and people are now better informed than what it used to be. It has never been a bad idea to Hodl and now the possibility to earn 1BCC for every 1 BTC one owns can only make buy and hodl more interesting andd rewarding.

That the information is enough, I think that the panic will be absent and there will not be such an excitement in the market as it would be before. Information does its work and will know much more than before.

the price of bitcoin is currently trading just below 2800$ and i think that if this trend of bitcoin price continue to increase i am sure that very soon we will see the price of bitcoin trading above 3000$ even before 1st August.

Well im.hoping for it but im not putting too much expectation as well. Who knows. It may even drop again for some reason though i agree that after the aug 1 fiasco is done and over with, we're probably going to see a considerate rise or stability with btc price.

Yeah exactly I don’t find any solid reason to get worried about August 1st. majority knows that prices are going to pump so high after the execution of Segwit. All bitcoin owners should hold onto their coins till Segwit and should not sell them out under any pressure. Bitcoin haters will do make them panic but they should stay loyal to bitcoins.

In fact, in the wayof  direction will be down ( for forex short)  of speculation, some attacks will be expected and the bitcoin will accelerate ( up -
 long ) after the fall. i like this idea :D

1The little you have, save it because you might not get the opportunity to have that again."

they want to make you fear.
never monitor market these days. just hold and wait to 2 August.
those whales want to take your coins. don't give them.

More likely prices will shoot up, everyone crying panic and selling or shorting bitcoin in wait for August has gotten completely rekt.

I would not agree with you. I don’t think that prices will fall down after August 1st, rather the execution of Segwit is going to make a sudden and tremendous increase in the values of coins especially bitcoins. There’s no need to spread fear about Segwit. Majority knows that they are going to take a ride to moon after Segwit.

in fact no one can know about the price of bitcoin after 1st August as so much confident. everyone has their own choice but to me i think that bitcoin price will not fell down so much and will even recover its position very soon.

Bitcoin will not split into 2-4, fixed bitcoin one.
The problem of ups and downs is already a normal thing in the trade, there are buy and there is sell.
i sure in 1agustus will be the same as what happens now .. buy cheap price, sell with high price.

        There are so many stuffs that also  bothering me in this segwit, but I do always keep my mind calm and positive, I just look forward to what will gonna happen this august. It is not yet implemented so I am just hoping some positive news, maybe it will be an advantage for us or not.

Fear will only benefit the smart one.
When they know that btc will go to the moon, they want to take it as much as possible.
For me, i only want 1 bitcoin for future, i dont like that split things

For starters, all started with everyone agreeing in the fork but little by little some of the developers discovered some bad thought so like us small traders might not matter but if there decision to have bcc released then there's nothing we could do. It is just in us if we would acquire it or not because from what i see box has a faster transaction even without segwit. So its likely that bcc  has a good chance of fast price increase.

how funny it is that the btc forking falls in the month of august where it coincide with the traders' and investors' "red month" or "ghost month". in my observation the majority of  control of these manipulation is within the chinese region where they own almost half of the blockchain network if all of the chinese mining pool combined.

I'm not scared oin August 1, though obviously many of them which is the community of bitcoin are really worried and scared on the result happen after August 1, 2017. But just like what other's said there's nothing to fear.

fear or not, i think we must be prepare for any conditions that will happen in 1st august because if we don't ready then we can anticipate if bad thing is happen. its good if we can handle our self and not to become panic when bad thing is come. personally, i am not fear about anything that will happen because i believe that everything will be fine and works properly.

If you do not feel safe even by buying a renowned altcoin then you can cash out to your bank account and enter the market once the dust has settled and things are more calm, but you can lose the chances of making  a lot of money.

There's nothing to be afraid on August 1. The split is really going to happen but people tend to not be afraid with it. We just have to make sure that our bitcoins are safe and we are holding private keys. If that is so you just have to put it on a safer place and don't let it stay at the exchange or any online web wallet.

Actually everyone knows that after 1 August 2017 the price of bitcoin will boost. Every user of bitcoin who have a good knowledge are of that opinion and they will not leave to support bitcoin after that date and their support will make bitcoin a wonderful coin and because of their support bitcoin will become a more successful coin.

August 1st is nothing to fear, rather it is the end of uncertainty surrounding forks. Once bitcoin cash has arrived there is nothing left to FUD or panic about with regards to bitcoin.

I'm pretty sure we will see a new all time high either on August 1st or shortly after.

I will concur with you. Fearing Segwit is not going to change the destiny of our coins. Panicking is not the solution of facing Segwit. For Segwit we can only cross our fingers and pray to god for huge increase in the values of bitcoins. Even if opposite happens, we need to stay loyal to our coins and let them stay in the wallets.

although know anything about that what is going to happen to bitcoin but as one more day lifted to 1st August therefore we should wait and see and no need for panic selling. i am hopeful that everything will be ok and there will be no such wrong thing happen to bitcoin. i am sure that bitcoin price will every soon start increasing therefore i think it is better to buy bitcoin right now.

For bitcoin holders, panic selling is really unnecessary now. They're already guaranteed to get BCC and this should make them relax a bit. The problem for 1 August is more for the altcoin holders. Altcoins are losing value like crazy and nothing could stop this so far. It's gonna be an interesting market after we complete 1 August updates.

Indeed. The only one's who panic are the one's who doesnt trust bitcoin enough.
Well they're the one also who definitely miss the chance of huge increase in value.
As we now stepping few steps to the correction, the price is still in $2700 and I think its a good sign of better outcome.

Many people are panicking about what could possibly happen on August 1. People who have savings in their wallet are afraid and that is the reason why they are getting all of their bitcoin on their wallet. I cannot believe that bitcoin will be splitting on this coming August 1. I really love bitcoin and I would continue supporting it.

For sure most of the people now in the bitcoin world are now afraid , scared or doubt in their mind . Because they possible bitcoin decrease . But if bitcoin price decrease for sure it will increase again because many people buy more bitcoin.

When someone doesn't know what to do, the best thing is to keep silence and watch. If I have some money to bet, I'll do it for Bitcoin, not for Bitcoin Cash, which was born with the only purpose of create an improvised division; Still, the same dev team which developed Bitcoin Unlimited is the same which is with BCC.

It's normally if they panic, we do not know what will happen later. People who hold their bitcoins may be worried if a bitcoin split occurs. Some of them may have sold their bitcoins before splitting.

Some already sold it that cause a big dump last few weeks ago, it's normal to get panicked especially we have saved that btc of ours diligently and we wanted it to help us. It's taking a risk , tomorrow we can know what is going to happen finally.

But if you have enough knowledge on what's about to happen you will never worry at all.

You will mostly think about the possible chance of getting some free money with the split, it will give you free alt coin (BCC).

Just don't be one of those that is fearing tomorrow's event.

Cool! I will agree with you. August 1st is something that should be cherished rather than feared. I don’t know why people are too much afraid of this. August 1st is going to make bitcoins more important and valuable than ever. Bitcoins are definitely taking ride to moon in the coming months.

Those who panic sell during a dump are the biggest losers and experienced traders would never do this. The view is to hold for a time that assures profit and not to panic sell during a dump and trading experience is what it comes down to.

The whales will be selling unfortunately.
BTC will definitely drop, the question is how far?
The BTC price @ around 2700 USD includes within it BCC, which is currently around $340 USD.
So the real price for BTC is currently about $2360 USD.

I have sold my BTC because i'm concerned the price will drop a lot on Aug 1st.

Don't fear August 1, it will still depend on the market if the bitcoin will rise or fall . Since its August 1, the bitcoin continue to rise. Although i'm a newbie i'm trying to read more about this segwit. Just read and read to get updates for those who are more experience in this journey.

In few hour we will know the exact status of the split. But in the mean time btc prices are soaring form ystd. It has reached to 2860 $ already and if this continues before the spit it will cross 2900$ for sure. There are many who have exited their position now.

Honestly i do not know what people are afraid of.. price is very much intact so there should be another reason, maybe a united bitcoin is what we want and not the split.

Bitcoin not split, just "add" new Bitcoin on market with the name Bitcoin Cash after SegWit in today. I don't know the reason more people think this is a split from Bitcoin, they just used old blockchain of Bitcoin and create this coin for distribuite free lol.

The fear of august first is almost over and we hope nothing happens at the end of the day when bitcoin cash split away. I will keep on holding my bitcoin as I am hopeful that nothing serious will happen as the politicians who are trying to create crisis on bitcoin network will be put to shame.

as we see today is 1st august and the price is increase and break $29xx, soon we can see it will break $3xxx and increase more higher. I think we can take a deep breath for now because the price is increase but we need to stay alert if eventually the price is suddenly down. i am happy because I am not selling my btc yet and I am waiting more than $3xxx so I can decide how much I want to take profit.

Yeah that’s the real spirit. No one needs to fear of anything it is obvious that bitcoin will come over with a lot more profit than it gives now. So there is nothing to worry about if you are thinking and fearing that you will have to face any kind of loss then believe me you are not a true trader. If you are getting some profit then it is obvious that from 1st august you will get double of it.

So far your prediction has been wrong is not as easy as to try to compare prices and then making a simple subtraction, bitcoin cash has that price because people are speculating in the exchanges as soon as th exchanges allow everyone to deposit their bitcoin cash and everyone tries to dump it then the price is going to be very close to zero.

You are right, this will turn to a more formidable Bitcoin in the long run, though people can't help but panic at times like this because there is actually possibility of losing money or drop in value especially those not having very deep pockets.

August 1 didn't give too much impact on BItcoin Price which is in contrary to many users here speculation. Besides that, BTC price keeps strong and never out of range of 2600$ below.
BCH hype is just a joke. It's peak price last only for 1 day and many traders are loss much money because of hyping.

Yup, volatility was disappointing considering the August 1st predictions. However, I don't think we are out of the woods yet. I don't think the major fundamental threat was BIP148/BIP91 nor Bcash.

I think the major fundamental threat is the Segwit8x fork in November. That has the backing of many major Bitcoin companies, exchanges and miners. They have a lot of marketing power. So I think this could cause a real network split in November, which could have lasting implications. And this is also a reason for market uncertainty now.

Segwit8x? You mean Segwit2x right? As far as I understand the new york agreement has backing of 85% of the hash power so it should be stable and I don't think anyone wants further chain splits after bitcoin cash.

The absent of much volatility around August 1st as anticipated, I guess should not be interpreted as the storm being over! BIP91 presupposes a hard fork after 3 months and BIP148 still does not share that point of view. For now, there is relative stability in the network, let's savor it while it last and hope a consensus would be reached before the next crossroad.

One of the reasons for that was that many of the reasons people had to fear August 1 were resolved before that, thanks to BIP 91 there was almost no risk of a split so everything went fine, the only problem was the announcement of a hard fork in the form of BCH, I think this has stopped bitcoin somewhat and that is why it has not skyrocket to 4000 dollars but as soon as BCH disappears I think we are going to see that price.

Bch or not, btc will get there. All the hype didn't really amount for anything as all of us now have realized, it didn't have that much effect. And i agree, the hardfork probably would be for the better of btc in the future. Nevermind what happens to bcc.

It seems that your prediction was right, since bitcoin is about to touch the 4000 dollars per bitcoin but at the same time I think it is going to happen something similar to what happened when we touched 3000 everyone is targeting that price so as soon as we touch it many traders are going to begin to sell their bitcoin and we will see a correction in the price and we are going to remain there for some time.