August 1 needs to be today...

[The_Dark_Knight]

It's not good, it seems some people are switching to Litecoin for retail payments, I like BTC a lot but I don't like the way this coin is treated... it's like it's left alone doing nothing about it and meanwhile lots of altcoins are trying to take over... BTC looks like a fat coin barely moving right now folks while whales are taking as much as they can on its back, it needs to be light and have speed... if something doesn't change after August 1 will probably consider other options as well, I've believed too much in one coin and missed others on the road

The money moving in bitcoin is way bigger than the money moving in LTC, Bitcoin has this problems because it is too big, and I’m going to tell you something the bigger it gets the more difficult any change it is going to be, so get used to it.

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[xhienigat]

I thought by now people have already figured out to divide or the most commonly used term is diversify your money if really want to make profit, so instead of just investing bitcoin you also invest other alternate coins. I think you just wanted to fast forward to August 1st so people will be hyped about the news about bitcoin.

[bitcoinmasterlord]

I thought by now people have already figured out to divide or the most commonly used term is diversify your money if really want to make profit, so instead of just investing bitcoin you also invest other alternate coins. I think you just wanted to fast forward to August 1st so people will be hyped about the news about bitcoin.

Investing full money on bitcoins is not preferable, I am not telling only for the intention of August 1st this is not good for anytime. Investing full money in only one business is always a risk so divide your money and invest on different altcoins. If one thing goes down, another one will give you profit. Keep one thing in your mind if you not make a profit also no problem but don't lose your hard work money.

[gentlemand]

If I wanted to buy something with crypto I certainly wouldn't bother converting to an alt. There is no saving. Your Bitcoin fee to an exchange may as well be paid to Bitpay instead. No exchange rate weirdness or fees either.

Cool for Litecoiners though.

[Nahl]

as the bitcoiner this is just like waiting the judgement day and actually i do love bitcoin even when the first time i use cryptocurrency bitcoin has introduced me to this world however i might be will wait the further informations regarding this hardfork but if on August i would facing the worst situations for bitcoin then nothing i could do besides followed new trend

[jak3]

yes its true that bitcoin is suffering from huge pressure but i guess its mainly because miners are taking advantages of this. i know they can work with lower mining fees but as because right now there are some huge monsters out there mining the whole market by only under 2-3 countries its under there control so they are the reason of this stupid price increase. but still developers are trying to find some ways to overcome this mess but still i don't think they can overcome if bitcoin's reputation falls at this rate and why the hell the price is rising still.

[pearlmen]

It's not good, it seems some people are switching to Litecoin for retail payments, I like BTC a lot but I don't like the way this coin is treated... it's like it's left alone doing nothing about it and meanwhile lots of altcoins are trying to take over... BTC looks like a fat coin barely moving right now folks while whales are taking as much as they can on its back, it needs to be light and have speed... if something doesn't change after August 1 will probably consider other options as well, I've believed too much in one coin and missed others on the road

Its really a concern matter and gradually people are losing the patience they have in bitcoin but the way I see it, it sems the concern parties are not interested but my fear is that the other ALTs might face similar scenerio if every one should decide to switch sides in that regard in which what might befall them might even be worse than what is currently being witnessed with bitcoin.

[Love!]

I never knew all this was going on. This really throws a monkey wrench into the works for all us noobs out there. Sounds like people taking their money out of stock A and putting it in stock B because stock A hasn't moved in a week.

[slaman29]

The "emergent consensus"-supporting miners can support Segwit as well, most of them are doing it supporting the Segwit2x proposal. "Emergent Consensus" is independent from Segwit, it is simply a mechanism that allows miners to signal for block sizes they support (also known as "Bitcoin Unlimited").

The most likely outcome is that we will have Segwit activated in July. Then a large part of the miners (about 80%) will signal for a 2MB hardfork which will occur in December, as far as I know. It's up to the Core developers to support that hardfork or not. If 2MB are supported then we will have a pretty smooth upgrade. If not, then this may result in a chain split.

My initial math was wrong as there are some pools that support both versions of Segwit. But from the last 50 blocks, more than 90% (47) are supporting Segwit2x or Segwit-BIP141. You can see it in the list at the bottom of the coin.dance/blocks page.

In summary, what we understand will happen for sure if the current trend is continued is that Segwit will be activated next month? I wonder if the improvements after that will change anyone's mind about what happens post Segwit.

[Prodigan786]

 Yes i do agreew ith your point people are taking turn towards alternative coins they are experimenting with oldest coins getting som gains like litecoin , ripple and doge are increasing day by day its value .

[deisik]

It's not good, it seems some people are switching to Litecoin for retail payments, I like BTC a lot but I don't like the way this coin is treated... it's like it's left alone doing nothing about it and meanwhile lots of altcoins are trying to take over... BTC looks like a fat coin barely moving right now folks while whales are taking as much as they can on its back, it needs to be light and have speed... if something doesn't change after August 1 will probably consider other options as well, I've believed too much in one coin and missed others on the road

That's the whole point of trading and investing

Namely, that you should never ever get married to a particular asset or investment. If you see or feel that something is wrong with your investment vehicle (be it Bitcoin or whatever), get out of it and switch to something else. All talks about being Bitcoin supporter or anything to that tune are for the bag holders and early adopters who didn't pay a fuck for their coins and basically got them for free. If you bought bitcoins with your hard earned money, there is no room for such things like being loyal and similar bullshit. You are in for profits, and there you go

[DoublerHunter]

It's not good, it seems some people are switching to Litecoin for retail payments, I like BTC a lot but I don't like the way this coin is treated... it's like it's left alone doing nothing about it and meanwhile lots of altcoins are trying to take over... BTC looks like a fat coin barely moving right now folks while whales are taking as much as they can on its back, it needs to be light and have speed... if something doesn't change after August 1 will probably consider other options as well, I've believed too much in one coin and missed others on the road

Yeah, if there is nothing change after the event in august 1 then we can expect a huge price drop in bitcoin and most of the people will just transfer to another coins like litecoin and other cryptocurrency that can make them use or transfer money easier unlike in bitcoin that is slow in transactions and also they want a good coin for long term and we all know that bitcoin is not the only one for that.

[Karmakid]

We cannot blame those users who switched to other altcoins out there specially ethereum and litecoins,they just want their money to be transafered faster with lower fees unlike sending bitcoins where fees can came up to 5$

[bitbunnny]

It's not good, it seems some people are switching to Litecoin for retail payments, I like BTC a lot but I don't like the way this coin is treated... it's like it's left alone doing nothing about it and meanwhile lots of altcoins are trying to take over... BTC looks like a fat coin barely moving right now folks while whales are taking as much as they can on its back, it needs to be light and have speed... if something doesn't change after August 1 will probably consider other options as well, I've believed too much in one coin and missed others on the road

I would say that most people pretty much don't understand the situation. Bitcoin is having some issues but I would say this is the natural consequence of huge adoption and changes that are going through.
It's good to invest in other prosperous coins too but no matter all problems Bitcoin has they will not replace it so easily. And who says that these altcoins will also not find themselves in same or similar problems like Bitcoins once (if) they reach that position and so big number of users?

[oktana]

It's not good, it seems some people are switching to Litecoin for retail payments, I like BTC a lot but I don't like the way this coin is treated... it's like it's left alone doing nothing about it and meanwhile lots of altcoins are trying to take over... BTC looks like a fat coin barely moving right now folks while whales are taking as much as they can on its back, it needs to be light and have speed... if something doesn't change after August 1 will probably consider other options as well, I've believed too much in one coin and missed others on the road

Yeah, if there is nothing change after the event in august 1 then we can expect a huge price drop in bitcoin and most of the people will just transfer to another coins like litecoin and other cryptocurrency that can make them use or transfer money easier unlike in bitcoin that is slow in transactions and also they want a good coin for long term and we all know that bitcoin is not the only one for that.

There will always be people who want bitcoin to remain a top priority, don't worry too much about it. If after 1 August the bitcoin condition worsens, then it will be the beginning of autumn also for litecoin & all altcoin, For all this I only worry about one thing that is transaction costs that will never go down.

[CyberKuro]

It's not good, it seems some people are switching to Litecoin for retail payments, I like BTC a lot but I don't like the way this coin is treated... it's like it's left alone doing nothing about it and meanwhile lots of altcoins are trying to take over... BTC looks like a fat coin barely moving right now folks while whales are taking as much as they can on its back, it needs to be light and have speed... if something doesn't change after August 1 will probably consider other options as well, I've believed too much in one coin and missed others on the road

The reason other coins easily upgrade their protocols is precisely because they have less people using the coin so it's easier. When a coin gets on the level of bitcoin we'll see if it's as easy for them to get things done (and proof of Vitalik doesn't count btw)

Altcoins rise bit by bit and the highest one is gigabyte when it ever reach over $800, then there are zcash, ethereum and gnosis with high price for now. People didn't left bitcoin, they invested on several coins but will convert into bitcoin again in the right time due to people believe that bitcoin is the best cryptocurrency. We're waiting for bitcoin problem to be solved, when blocksize increased and transaction fees decrease.

[FlatTime]

It's not good, it seems some people are switching to Litecoin for retail payments,

People will start pricing in LTCs drop when bitcoin gets segwit. LTC is just a test coin for what we can put on bitcoin, it works well for this.  Also great for moving money quick from exchanges.

[OliynyK]

I never knew all this was going on. This really throws a monkey wrench into the works for all us noobs out there. Sounds like people taking their money out of stock A and putting it in stock B because stock A hasn't moved in a week.

You really cannot expect experienced traders in the virtual world,expect these sort of things here,people are trading on a daily basis and there is no long term investment in this sector,if people things that they are not getting what they are expecting then they would switch coins just like that.

[Palmerson]

I don't trust any other coins. I can't trust 100% even bitcoin. I think that over time bitcoin will absorb all alternative currencies then the price of bitcoin will rise to heaven. I'll wait for this moment and then I will know I am right or wrong.

[johnwest]

It's not good, it seems some people are switching to Litecoin for retail payments,

People will start pricing in LTCs drop when bitcoin gets segwit. LTC is just a test coin for what we can put on bitcoin, it works well for this.  Also great for moving money quick from exchanges.

I see very few people moving their funds to LTC or ETH or other crypto currencies because of this reason. Most of the known people bag holders are supporting both the sides and having strong feelings about it. I dont think it will effect much on the network.