After Aug 1st and SegWit

[helars2008]

I just wanted to share what I've read to the site I invested. I don't know if it's really true. Let's wait and see. There's a saying goes " Just cross the bridge when we get there"

These are the lines........

We've promised you to express our opinion concerning the coming August 1, 2017 event. So here’s what we'd like to share with you:

At the moment the major Bitcoin market participants, such as Bitgo, for example, do support the Bitcoin Core version, which solves the network scalability problem and DOES NOT presuppose the Bitcoin network split. So in case the miners activate the SegWit before August 1, the BIP 148 WON’T be implemented, and all the users will remain in the same single chain regardless the client they use.

In case the majority of miners accept the BIP 148, the chain split will be TEMPORARY and a result all the clients will see the same chain, but the SegWit will be activated for all the SegWit compatible clients (versions starting form Bitcoin Core 0.13.1).

Finally the miners and the largest cryptocurrency exchanges are interested in increasing the number and volume of transactions performed according to the single protocol, and that doesn’t presuppose the chain split.


As they promise us the investors to keep calm and stay away from this panic. Whatever happens, the situation is under control, and our BTC holdings won’t be lost.

[Tamilson]

Well no one really knows what will happen before and after August 1 but let's hope for the best. That maybe after August 1, bitcoin will rise slowly but surely like its price will surely get to the moon. Hope the price will be playing around $2600 to $3000.

[Bowly88]

Without a HardFork the main prediction here is that the price will skyrocket. In few months Bitcoin can be pricing $4500 or even more.

But seems things won't happen so fast, we need to wait what will happen right after August 1, maybe there will be a delay of days or weeks until things come back to the normal as we see today.

So is the hardfork 100%?

No. it is not sure yet. You still need to wait for that confirmation. As of now, you see the prices are going down just because of fear in people or most of them want to play safe so they are selling bitcoins and keeping cash in hand ready to jump in once these things settled. If you're not holding a lot of BTC then no need to worry because surely prices will go higher in the longer run.

I believe that too, I am sure that after this August 1 segwit thingy the value will come back to what is used to be. And not just that maybe the value will continue to rise up just like the usual bitcoins. They are just falling down because of those holders who are panicking and selling all their bitcoins.

[Rebisco]

Well no one really knows what will happen before and after August 1 but let's hope for the best. That maybe after August 1, bitcoin will rise slowly but surely like its price will surely get to the moon. Hope the price will be playing around $2600 to $3000.

I predict that after the august 1 the value of the bitcoin will rise up it will become double or even triple.

[shintosai]

Well no one really knows what will happen before and after August 1 but let's hope for the best. That maybe after August 1, bitcoin will rise slowly but surely like its price will surely get to the moon. Hope the price will be playing around $2600 to $3000.

I predict that after the august 1 the value of the bitcoin will rise up it will become double or even triple.

positive thinker are those who have patience to wait till the value comes up to their interest, if you have that attitude then you can hold your bitcoin
and wait till results showed up, this aug 1 really creates more speculations so even we seen bounce back we are not assured yet that downfall won't
happen again on or after aug 1.

[number37]

won't be much changes in price trend in a long run, so I am not concerned if there could be a split or not.

[leirou]

I see a lot of threads talking about the BIG date regarding August 1st.

But there are no threads about whats going to happen after August 1st. There will be an August 2nd (My birthday) so lets talk about that...

Predictions/Price/ etc...


I want to hear some thoughts.


My plan is to buy up BTC in the coming weeks and HODL

After August 1 IF the hard fork will be approved and initiated there BTC will split and the price going down will likely to happen but it wont be long because updated and faster system will be use and such will result to an going up trend better system more user. If there wont be it will be same as is and as the trade market shows today BTC will likely bounce back and recover because all the panic sellers wont have the reason to panic sell again which will give the BULL or BUYERS an upper hand . So for me Both split and non split will still cause a higher price to btc as it is now.

[Cranidos]

I see a lot of threads talking about the BIG date regarding August 1st.

But there are no threads about whats going to happen after August 1st. There will be an August 2nd (My birthday) so lets talk about that...

Predictions/Price/ etc...


I want to hear some thoughts.


My plan is to buy up BTC in the coming weeks and HODL

It is hard to to say what will happen immediately after August first and on your birthday (advance! ) since we do not know what will happen exactly on that date. When it comes to the price, we will see some increase but not that immediately. It is always expected that the price will go up so it will.

[kodtycoon]

I see a lot of threads talking about the BIG date regarding August 1st.

But there are no threads about whats going to happen after August 1st. There will be an August 2nd (My birthday) so lets talk about that...

Predictions/Price/ etc...


I want to hear some thoughts.


My plan is to buy up BTC in the coming weeks and HODL

You have a good plan and I think it should be done if you can afford to buy bitcoin now as much as you can, speculation about segwit2x has no uncertain certainty, I'm still sure if bitcoin price after 1st August will still increase slowly.

[xmod4u]

Dear Coinbase Customer,
The User Activated Hard Fork (UAHF) is a proposal to increase the Bitcoin block size scheduled to activate on August 1. The UAHF is incompatible with the current Bitcoin ruleset and will create a separate blockchain. Should UAHF activate on August 1, Coinbase will not support the new blockchain or its associated coin.
The User Activated Soft Fork (UASF) is a proposal to adopt Segregated Witness on the Bitcoin blockchain and could result in network instability. It is scheduled to activate at the same time as the UAHF.
To ensure the safety of customers’ funds, we will temporarily suspend bitcoin deposits, withdrawals, and buy/sell starting approximately 4 hours before activation of either fork.
•   If you currently have bitcoin in your Coinbase account, and do not wish to have access to UAHF coins or have immediate access to your bitcoin, you are not required to take any action.
•   If you wish to have access to UAHF coins or you wish to have immediate access to your bitcoin, you should send your bitcoin from Coinbase to your external address by July 31.
For more information on how to send bitcoin from your Coinbase account, please refer to this article: https://support.coinbase.com/customer/portal/articles/971437.
Thank you,
Coinbase Team
Check out our Status Page and Twitter for the latest updates from Coinbase.

Email from Coinbase this morning.
Sure others have seen, thought i would post this here none the less.

[akuser]

Dear Coinbase Customer,
The User Activated Hard Fork (UAHF) is a proposal to increase the Bitcoin block size scheduled to activate on August 1. The UAHF is incompatible with the current Bitcoin ruleset and will create a separate blockchain. Should UAHF activate on August 1, Coinbase will not support the new blockchain or its associated coin.
The User Activated Soft Fork (UASF) is a proposal to adopt Segregated Witness on the Bitcoin blockchain and could result in network instability. It is scheduled to activate at the same time as the UAHF.
To ensure the safety of customers’ funds, we will temporarily suspend bitcoin deposits, withdrawals, and buy/sell starting approximately 4 hours before activation of either fork.
•   If you currently have bitcoin in your Coinbase account, and do not wish to have access to UAHF coins or have immediate access to your bitcoin, you are not required to take any action.
•   If you wish to have access to UAHF coins or you wish to have immediate access to your bitcoin, you should send your bitcoin from Coinbase to your external address by July 31.
For more information on how to send bitcoin from your Coinbase account, please refer to this article: https://support.coinbase.com/customer/portal/articles/971437.
Thank you,
Coinbase Team
Check out our Status Page and Twitter for the latest updates from Coinbase.

Email from Coinbase this morning.
Sure others have seen, thought i would post this here none the less.

Just do it as commanded, and do not try anything extreme.
Keep Bitcoin in an offline wallet, or sell and cross in cash. That's a great solution. Your bitcoin will be safe there.

[_Legendary_]

Many people are worried about the issue of August 1 including me so as to sell bitcoin, but now the issue is starting to decline and bitcoin prices go back to the best level.

[examplens]

Many people are worried about the issue of August 1 including me so as to sell bitcoin, but now the issue is starting to decline and bitcoin prices go back to the best level.

Also, I being sold something, but this is because i need fiat money for personal things. now is much better price, and we need to wait for this 1st August

[xbiv2]

Read my signature, it have all answers.