What is on August 1, 2017?

[Casdinyard]

Just so you guys know USAF is cancelled. Miners finally realised that this would be risky to let USAF happen.
This is why all major mining pool started to signalise SegWitx2 yesterday, currently, we have more than 80% hash support for this proposal.
Everything should be fine in hopefully August 1 we would have upgraded chain with SegWit running on it - and withing next 6 months hard fork 2MB will be activated.

Oh if this true this is good news. All the worries will be gone. Its time for the upgrade of chain. Thanks for this. Oh just one thing, is this in what article? Whats the link, I wanna read it.

[1Referee]

Oh if this true this is good news. All the worries will be gone. Its time for the upgrade of chain. Thanks for this. Oh just one thing, is this in what article? Whats the link, I wanna read it.

Instead of using the term cancelled, as the person you quoted did, I find it better to say that a UASF is more or less prevented with the upcoming 'agreement' for Segwit2x. Currently we're at 80% support already (which is a good thing), and now it's purely waiting for the code to be released to set the next important step. I am seriously excited with how things are going now.

https://news.bitcoin.com/70-percent-bitcoin-hashrate-signaling-segwit2x/
https://www.cryptocoinsnews.com/segwit2x-is-a-go-80-of-bitcoin-network-signals-for-upgrade/

[AK47-]

Just so you guys know USAF is cancelled. Miners finally realised that this would be risky to let USAF happen.
This is why all major mining pool started to signalise SegWitx2 yesterday, currently, we have more than 80% hash support for this proposal.
Everything should be fine in hopefully August 1 we would have upgraded chain with SegWit running on it - and withing next 6 months hard fork 2MB will be activated.

SegWit is a way to go. With 80% support, we are quite near to its implementation. At present saying anything about the price of bitcoin after 1st August will be mere a guess. But I believe that price will rather increase. I am quite curious to know what gonna happen in August.

[lizardbtc]

Oh if this true this is good news. All the worries will be gone. Its time for the upgrade of chain. Thanks for this. Oh just one thing, is this in what article? Whats the link, I wanna read it.

Instead of using the term cancelled, as the person you quoted did, I find it better to say that a UASF is more or less prevented with the upcoming 'agreement' for Segwit2x. Currently we're at 80% support already (which is a good thing), and now it's purely waiting for the code to be released to set the next important step. I am seriously excited with how things are going now.

https://news.bitcoin.com/70-percent-bitcoin-hashrate-signaling-segwit2x/
https://www.cryptocoinsnews.com/segwit2x-is-a-go-80-of-bitcoin-network-signals-for-upgrade/

Thats great to see that miners DO care now, nobody would like Bitcoin to fail in price as they earn from mining. Honestly I am not the supporter for SegWit not BU but something has to be done. If the succeeded to implement it before UASF we will see the upward trend instead of downward one which is great. Let's just hold our Bitcoins and see what will happen at end I am fairly positive that they will activate SegWit through Segwit2x!

[Skarner21]

Just so you guys know USAF is cancelled. Miners finally realised that this would be risky to let USAF happen.
This is why all major mining pool started to signalise SegWitx2 yesterday, currently, we have more than 80% hash support for this proposal.
Everything should be fine in hopefully August 1 we would have upgraded chain with SegWit running on it - and withing next 6 months hard fork 2MB will be activated.

SegWit is a way to go. With 80% support, we are quite near to its implementation. At present saying anything about the price of bitcoin after 1st August will be mere a guess. But I believe that price will rather increase. I am quite curious to know what gonna happen in August.

I heard that news yesterday and looks like miners are agree right now more than 80%
So hoping that we can see a good improvement this coming august 1 but many people are still afraid and buying other altcoin just to be safe their money in to other altcoin or make a profit..

[Bitcoinsummoner]

Oh if this true this is good news. All the worries will be gone. Its time for the upgrade of chain. Thanks for this. Oh just one thing, is this in what article? Whats the link, I wanna read it.

Instead of using the term cancelled, as the person you quoted did, I find it better to say that a UASF is more or less prevented with the upcoming 'agreement' for Segwit2x. Currently we're at 80% support already (which is a good thing), and now it's purely waiting for the code to be released to set the next important step. I am seriously excited with how things are going now.

https://news.bitcoin.com/70-percent-bitcoin-hashrate-signaling-segwit2x/
https://www.cryptocoinsnews.com/segwit2x-is-a-go-80-of-bitcoin-network-signals-for-upgrade/

Thats great to see that miners DO care now, nobody would like Bitcoin to fail in price as they earn from mining. Honestly I am not the supporter for SegWit not BU but something has to be done. If the succeeded to implement it before UASF we will see the upward trend instead of downward one which is great. Let's just hold our Bitcoins and see what will happen at end I am fairly positive that they will activate SegWit through Segwit2x!

I think we still don't know what will be the effect after activate that segwit as i can seen many people are still afraid about this that is why we seen a large drop few days ago..
Well if it can fix the issue overall and also for the miners fee can be reduce we will see a large price increase this coming august so just get ready your bitcoins to sell once the price increasing fast or buy bitcoins once the price crashes..

[hase0278]

On August 1, 2017 there will be changes that will be implemented on bitcoin which is the current bitcoin scaling proposals but only one proposal will be chosen. At that date a consensus will be made and of course OP it will affect the price. If the applied change to bitcoin is good and pleased many users, of course it will continue to go up in price but if the applied change is bad, then for sure price will dump.

[LostWords]

Just so you guys know USAF is cancelled. Miners finally realised that this would be risky to let USAF happen.
This is why all major mining pool started to signalise SegWitx2 yesterday, currently, we have more than 80% hash support for this proposal.
Everything should be fine in hopefully August 1 we would have upgraded chain with SegWit running on it - and withing next 6 months hard fork 2MB will be activated.

USAE was the big counter option of the august 1 conflict, right? Is there somewhere where we can read the cancellation/cancell report/statement? This should be quite a big breakthrough then, isn't it?

[mol76]

The 2mb hard fork its inevitable?

[Taskford]

Oh if this true this is good news. All the worries will be gone. Its time for the upgrade of chain. Thanks for this. Oh just one thing, is this in what article? Whats the link, I wanna read it.

Instead of using the term cancelled, as the person you quoted did, I find it better to say that a UASF is more or less prevented with the upcoming 'agreement' for Segwit2x. Currently we're at 80% support already (which is a good thing), and now it's purely waiting for the code to be released to set the next important step. I am seriously excited with how things are going now.

https://news.bitcoin.com/70-percent-bitcoin-hashrate-signaling-segwit2x/
https://www.cryptocoinsnews.com/segwit2x-is-a-go-80-of-bitcoin-network-signals-for-upgrade/

And yes we will all be 100% happy.
Like just what I read the first, the code will be running first on June 21st.
Let's wait for the result of this. Crossed fingers. 

[lumeire]

If we can answer questions like these we would have been really rich way back then. 

[matrix zion]

Sooooooo...
August fork is cancelled right?
I no longer have to worry about my coins?
Because all the money I have on the exchange... Well I planned to withdraw it couple of days before the fork. Just so I can prevent a bug from the exchanges you know. Just in case like we say.

[sasaku bitbit]

iam hear in August 1st, 2017 , bitcoin implementation hardfork or segwit
if succes bitcoin price can incraese very high, because transaction can faster and can reduce fee sending

This a good news on bitcoin, but there is always a fear from speculations of other sectors of negative thinkers. If that hardfork or segwit implementation will bring good future of bitcoin, then let it happen so that bitcoin price will substancially be increasing at higher rate. When we have faster transaction and fee is reduced it attracts more investors invest with bitcoin, and strong hold will be developed.

Well i hope after august 01 it will good fortune in btc, but actually it sudden me when I read the article.
That the majority of miners should go for SegWit and if not that happen, the block chain will split into two.
And if this will happen, there's a threat in our funds like it could somehow lose. So we better have a back up.

If that applying hardfork or segwit will bring the good future of the bitcoin, then let it happen so prices will rise substancially bitcoin on a higher level. When we have transactions faster and costs are reduced is attracting more investors to invest with bitcoin, and strong suspension will be developed. so it is likely to happen in August 2017 bitcoin will give a surprise users

[hawthelegend]

Of course it will affect the price lol, simply because any gossips, hear says, new, or whatever you wanna call it, always affects the minds of people depending on the news if it's a good one or a bad one, specially if it is either both. You see, lots of people that own bitcoins really love their money. And who doesn't? I mean if you love you money so much, and don't know that much about bitcoins, or if you already know a lot but are weak hearted, then probably you'd be doing what most of the bitcoiners would do; sell here and there your possessions out of panic. And that alone can affect the price. That's just my opinion tho,

[Chrismeister]

Just so you guys know USAF is cancelled. Miners finally realised that this would be risky to let USAF happen.
This is why all major mining pool started to signalise SegWitx2 yesterday, currently, we have more than 80% hash support for this proposal.
Everything should be fine in hopefully August 1 we would have upgraded chain with SegWit running on it - and withing next 6 months hard fork 2MB will be activated.

At this point everybody wants a solution. The faster the better. And I agree you should not risk instability by a hard fork, but on the same hand I think it's mandatory that a permanent solution for the fees is made. Be it Segwit with LN or a higher blocksize, whatever happens, let's hope the next time they don't wait 2 years for a solution.

[hawthelegend]

Will it affect the price?

Bitcoin will be on sale like -20% or more 

If chain splits it will be a disaster and many people will want to get out. But for the long run you and all of us shouldn't be worried, why? Because if everything sorts good at end ,which will I am an optimist, price will reach new ATHs because it will get an upgrade which will enable ,us the users to send transaction less cheaper and confirmation times will be just amazing , there probably won't be a need for waiting a day for a confirmation in case of low fee.

I gotta say my friend, i couldnt agree more, your reply is right on point. And this is as real as it gets coz when bitcoins finally stablizes, it would really attract more people into it knowing that it is much more easier to use and more secure and not only that, but with low fees!! This will then i believe make the prices rocket to the moon. And that would be pur time again haha xD

[shine1123]

segwit will be activated at that point, i suspect the value will increase, there is a very tiny chance that it will tank, and i see no reason really why this should happen....

The price on August 1 will definitely be different.

probably higher, it's not different than when everyone was predicting that after the halving the price would be higher, and in fact we had a better value

some prediction are really easy to spot, this is one of those, the value now already climbed back to the previou point, investors aren't stupid

The halving is definitely the best history for bitcoin, because the price of bitcoin increase so high because of that. I think August 1 will be "the next the halving" here, segwit is give a big benefit into bitcoin and i'm sure it will affect the price of bitcoin.

[italianMiner72]

segwit will be activated at that point, i suspect the value will increase, there is a very tiny chance that it will tank, and i see no reason really why this should happen....

The price on August 1 will definitely be different.

probably higher, it's not different than when everyone was predicting that after the halving the price would be higher, and in fact we had a better value

some prediction are really easy to spot, this is one of those, the value now already climbed back to the previou point, investors aren't stupid

The halving is definitely the best history for bitcoin, because the price of bitcoin increase so high because of that. I think August 1 will be "the next the halving" here, segwit is give a big benefit into bitcoin and i'm sure it will affect the price of bitcoin.

ok.. this could be the scene if all will work fine.
i mean if the fork works fine and all the software who will work on the new chain... will work properly.-...
but all of us know who there a re possibility to get problems in any change
FINGER CROSS

[serjent05]

segwit will be activated at that point, i suspect the value will increase, there is a very tiny chance that it will tank, and i see no reason really why this should happen....

The price on August 1 will definitely be different.

probably higher, it's not different than when everyone was predicting that after the halving the price would be higher, and in fact we had a better value

some prediction are really easy to spot, this is one of those, the value now already climbed back to the previou point, investors aren't stupid

The halving is definitely the best history for bitcoin, because the price of bitcoin increase so high because of that. I think August 1 will be "the next the halving" here, segwit is give a big benefit into bitcoin and i'm sure it will affect the price of bitcoin.

ok.. this could be the scene if all will work fine.
i mean if the fork works fine and all the software who will work on the new chain... will work properly.-...
but all of us know who there a re possibility to get problems in any change
FINGER CROSS

August 1 is more than the "next halving"  simply because it will solve the long problem of Bitcoin, its scaling issue.  I just hope that it will be successful because if it is successful, the bitcoin bull will be in steroid and the price will definitely soar high.  I am looking at $5000  bitcoin a piece right before the end of the year and that is because of the August 1 event.  Australia plust Segwit will definitely push bitcoin beyond the moon.

[Barbut]

Can we expect lower fees after activation of segwit or that is just my wish? Price like a price will go up, with every new update we see that price is going up, as I understand with segwit we will have faster confirmations, better network, but at the moment I care about fees, and I try to find something over the net but I just encountered on more same questions how long before these fees come down? and similar.