Sell Bitcoin ahead of 1st Aug Hard Fork

[Joel_Jantsen]

The price will be get dumped so hard. Avoid holding btc and try to hold another coin. The bitcoin will migrate or save his decimal to the fiat.

So why the fuck are you still promoting a signature campaign which pays in bitcoin ? Just switch over to a altcoin paying campaign already! Hypocrite.
 

I will try another chance in altcoin. I think the fork of bitcoin will give me the more opportunity to get a decent profit on there.

1.Logic not found.
2.You don't know what a fork is.
3.I hate spammers who bullshit.

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[hase0278]

1) Is the 1st Aug really going to be that bad and should we expect volatility in July as we approach the date?
2)  Would you buy back in now or wait sitting on cash for a better price entry point in the coming weeks?

To answer your question number 1, August 1 is going to be a bad or a good day depending on the changes implementrd so I expect a volatility as we approach the date because of the uncertainty. To answer your question number two, I would consider buying back in right after the news about August 1 hardfork has been released if it is good because it is the best time to rebuy if it would be a success and was good. If it wasn't wait a little more a few days or weeks before debuting back bitcoin.

[CoinCidental]

There is no guarantee of any price dropping, unbelievable FUD

If you don't buy your btc BEFORE August 1st you won't have a coin on both chains....

If you sell now your just feeding hungry whales who are likely paying trolls to create this FUD

Even the major banks and hedgefunds have been buying in over the last few months because they know the money will pile in when we have a solution that can scale and that's coming soon, one way or another lol

[mrfreezeh]

Only an idiot would sell now, the price is likely to double as soon as we get segwit2x...

Right only those sell bitcoin now who has not know the power of bitcoin, who idoit they sell their bitcoin now because they have no knowledge and no more expert in bitcoin techniques that is they sell before the August. You are right that after the segwit its price will be more increase to it's double.

Haha, because you not see in history you can say that, after have news about hard folk and when near deathline, the price of Bitcoin "usually" fall down and panic seller will happening. Although, I love and still using Bitcoin, but keep safe my money important than invest have more risk

[Reid]

Another panic sell for me.
You believed in a news that you aint sure.
Get your own facts and try to make it at 100 percent so that you could be 100 percent sure of ehat you are doing.
This aint BTC investing for me. Better just let it stay and wait for that moment.
From the start BTC have been a risk. Why change now?

[CoinCidental]

Only an idiot would sell now, the price is likely to double as soon as we get segwit2x...

Right only those sell bitcoin now who has not know the power of bitcoin, who idoit they sell their bitcoin now because they have no knowledge and no more expert in bitcoin techniques that is they sell before the August. You are right that after the segwit its price will be more increase to it's double.

Haha, because you not see in history you can say that, after have news about hard folk and when near deathline, the price of Bitcoin "usually" fall down and panic seller will happening. Although, I love and still using Bitcoin, but keep safe my money important than invest have more risk

the worst thing i ever bought with BTC was USD ........

[South Park]

Hi everyone,

I have recently sold a large part of my BTC  portfolio as I was spooked by a various sources telling me that BTC was heading for plummeting prices  following 1st Aug and hard fork.  They have also said that  July will be incredibly unstable in terms of price as we approach the deadline.  I a now sitting on cash and waiting for the best time t go back into BTC

Given that the price of BTC has risen every day this week and feeling that I sold unnecessarily and am considering buying back in.  can you feedback to me.

1) Is the 1st Aug really going to be that bad and should we expect volatility in July as we approach the date?
2)  Would you buy back in now or wait sitting on cash for a better price entry point in the coming weeks?

Thanks all

Matt

This is what happen when you let other people take the decisions for you, your time will be better spent by reading actual news and not FUD attempts, after that then you can take a decision and stick with it, whether that is to say in bitcoin, trade for altcoin or to get fiat, if you let other people take the decisions for you then you will be like you are right now, confused about what to do with your money.

[duke944]

Only an idiot would sell now, the price is likely to double as soon as we get segwit2x...

Right only those sell bitcoin now who has not know the power of bitcoin, who idoit they sell their bitcoin now because they have no knowledge and no more expert in bitcoin techniques that is they sell before the August. You are right that after the segwit its price will be more increase to it's double.

Haha, because you not see in history you can say that, after have news about hard folk and when near deathline, the price of Bitcoin "usually" fall down and panic seller will happening. Although, I love and still using Bitcoin, but keep safe my money important than invest have more risk

the worst thing i ever bought with BTC was USD ........

Lol, you must have very little experience buying alts. Or, maybe you have a crystal ball, or maybe you are just full of shit.

[Jon Connor]

Your title is incorrect. There's a difference between a hardfork and a chain split. If we increase the block size to 2mb that is a hardfork which is not happening anytime soon. BIP148 is coming and a chain split MAY happen in the form of a legacy chain and bip 148 chain, the latter of the two having segwit. A hard fork is not backwards compatible and would create 2 bitcoins, this is not going to happen. bitcoin xt, classic and unlimited have all tried and failed. None of the developers on core is on board with a hard fork. A chain spilt is nothing to worry about as long as you have and secure your own private keys. If you leave them on an exchange there's no telling what will happen to your bitcoins. We've all seen what happens when people trust exchanges. I think the price will increase as august 1st approaches as people take their coins off exchanges and into cold storage. Regardless, segwit is coming one way or the other.

[CoinCidental]

Only an idiot would sell now, the price is likely to double as soon as we get segwit2x...

Right only those sell bitcoin now who has not know the power of bitcoin, who idoit they sell their bitcoin now because they have no knowledge and no more expert in bitcoin techniques that is they sell before the August. You are right that after the segwit its price will be more increase to it's double.

Haha, because you not see in history you can say that, after have news about hard folk and when near deathline, the price of Bitcoin "usually" fall down and panic seller will happening. Although, I love and still using Bitcoin, but keep safe my money important than invest have more risk

the worst thing i ever bought with BTC was USD ........

Lol, you must have very little experience buying alts. Or, maybe you have a crystal ball, or maybe you are just full of shit.

aha ,someone else who has a wealth of no idea .......
good luck son ,youre gonna need it

[The_Dark_Knight]

Btw I'm more convinced than ever that there won't be a split and the market appears to agree as the BTC price is moving upwards. I think you've made a foolish mistake but each to their own.

I agree, I think bitcoin is headed for a price spike after we get segwit finally activated so the best thing to do now is to hold your bitcoins, yes, there is going to be instability but nothing that we have not seen before and after that bitcoin will go up once again.

Personally, we really don't know what will happen come Aug 1. But I agree with you that we should all just hold on our bitcoin stash and see what will be the price after Aug 1. There are so much speculation on this date. But the best option really is just on your bitcoin. If the price spike then its an opportunity to earn if you want to sell it. But if the price goes down, then don't sell but wait for the market to rebound. Is has proven already that bitcoin is so resilient that it can bounce back after a big crash.

Then I think the best conclusion we can draw from your post is that at the end we are going to win if we stick with bitcoin, if after august 1 we hold and the price goes up we get earnings, and if the price goes down, then buy cheap bitcoin and wait for the rebound.

Almost all people have already decided on how they will act on August 1. And many came to the conclusion that in case of a sharp drop in prices, they will buy bitcoin for the future. This suggests that people trust crypto currency and believe in its bright future

In order to buy somebody needs to sell, so if there is a price reduction in the price that allow us to buy bitcoin for cheap then that means that supply is above demand or in other words there will need to be more sellers than buyer for that to happen.

[HasHe]

Thanks all

The price is now pretty much what I sold at a few weeks ago - do you think I should buy all back in that case?

Yes,you could buy back.Even much before segwit has been activated,we could see that transactions are confirmed very fast and even at a very low fee.It would make more people to come towards bitcoin again for sure.So its price would increase  very high.better buy nowitself following rule of warren buffet that buy when evry one is selling.Good luck.

[freedomno1]

The real effect is mixed, its a good idea to have both cash and Bitcoin at the same time in positions as a hedge towards any situation that may come up, the user sentiment is cautious but bullish. At the same time bears have very good reasons to be pessimistic hence there really is a lot of uncertainty in the market, best advice is controlling your private keys so you can execute if an exchange or site holding your coins is slow to react when the opportunity strikes.

[InvoKing]

Hi everyone,

I have recently sold a large part of my BTC  portfolio as I was spooked by a various sources telling me that BTC was heading for plummeting prices  following 1st Aug and hard fork.  They have also said that  July will be incredibly unstable in terms of price as we approach the deadline.  I a now sitting on cash and waiting for the best time t go back into BTC

Given that the price of BTC has risen every day this week and feeling that I sold unnecessarily and am considering buying back in.  can you feedback to me.

1) Is the 1st Aug really going to be that bad and should we expect volatility in July as we approach the date?
2)  Would you buy back in now or wait sitting on cash for a better price entry point in the coming weeks?

Thanks all

Matt

1- the price gonna be unpredictable and crazy
2- move your coins to a safe place where you control your private keys and hold it until the situation be more clear

[BitcoinSupremo]

Maybe a good idea, maybe not. The market is unpredictable and will have crazy movement during these days. It maybe a right move or a wrong one, it depends on how the market will react. We don't know for sure that a hard fork will happen. I suggest you keep your coins,(in a wallet in which you are in total control, i.e electrum wallet) and watch the developments sidelined, that is what I will do. Pretty sure the price will get back steam as soon as the waters will be calmed.

[Nicol3]

Bitcoins price is crazy and predictable and it has been for quite sometime now. Some are scared off by the August 1 Hard Fork speculations but I think it is just normal. It may dump back to $2000 but eventually it will increase back, that's why some coin holders who have been in this business for a couple of years now are just holding on to their coin. It is a wise idea though to keep your bitcoin in a secured wallet just to make sure. We'll never know, before the year ends bitcoins price could go twice its new ath.

[BTCLovingDude]

Some are scared off by the August 1 Hard Fork speculations

what is this August 1 "hard fork" you are talking about? there is no hard fork there.
there is only a Soft Fork planned on that date and only if it gains enough support and so far it doesn't.

there is also one thing wrongly named Hard Fork which is a joke and mostly a public stunt by bitmain and it is irrelevant.

[ruclassic]

If Segwit will come and price of BTC down because of Segwit only than after that obviously price will going up more than present price. So i think no worry if you hold BTC. Price will definitely increase in future.

[Sweetbtc]

There is no guarantee of any price dropping, unbelievable FUD

If you don't buy your btc BEFORE August 1st you won't have a coin on both chains....

If you sell now your just feeding hungry whales who are likely paying trolls to create this FUD

Even the major banks and hedgefunds have been buying in over the last few months because they know the money will pile in when we have a solution that can scale and that's coming soon, one way or another lol

Yes exactly. Only one caution is that if we control our privatekey
then we can choose any chain we do not need to worry ,
if you have balances in exchnages  / web wallets like xapo then move them into your electrum / bread wallet
both xapo and coinbase balances should be moved out because we cannot decide to choose a chain with your xapo balance

[ximply]

Cast your vote people and lets see what our Bitcoin community really thinks about the price of Bitcoin.

Here is the link https://bitcointalk.org/index.php?topic=2015139.msg20078967#msg20078967