autistaorange
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 Offline
Activity: 14
Merit: 0
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June 27, 2017, 07:59:28 AM |
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after reading all the time posts, blogs, various opinion....
it's seems that 1st august it will be just an opportunity for everyone in the industry, who invest, who is in business, who mine....
this is good chance to talk more about bit coin and grab people attention
I agree. GREAT opportunity to buy coming up. |
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SHANTA
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June 27, 2017, 09:07:17 AM |
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That is segwit on August 1 I however it is ideal for bitcoin, it can expands the Bitcoin's square size point of confinement and i think it will influence the cost of bitcoin turn out to be more higher. I'm certain bitcoin won't end, perhaps it convey an uplifting news to all bitcoin utilize
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tiggytomb
Legendary
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Activity: 1848
Merit: 1000
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June 27, 2017, 09:15:33 AM |
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Bitcoin will not end, it will change / evolve. We will probably end up in a similar situation to ETH and ETC where they had two chains for the same coin, it is certainly an interesting time but not something to panic about it is more of an exciting time in the evolution of bitcoin.
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DoublerHunter
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June 27, 2017, 09:43:02 AM |
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Bitcoin will not end, it will change / evolve. We will probably end up in a similar situation to ETH and ETC where they had two chains for the same coin, it is certainly an interesting time but not something to panic about it is more of an exciting time in the evolution of bitcoin.
The only thing that we are sure is, bitcoin will have a new face after the august 1 and a lot of changes will be felt by the users of bitcoin like the new and improved block size which is capable of more transactions and it will provide a larger space and faster transactions which is what most of the bitcoin users look for because even i, i'm very pissed with the slow confirmation time and i hope this even in august 1 will be the solution. |
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South Park
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June 27, 2017, 09:42:02 PM |
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Based on my own reading and research on this very important matter, for sure this will not be the end for Bitcoin and in fact this act is done to make Bitcoin more agile and efficient so that it can handle more transactions which hopefully can unclog the backlogs of transactions in the blockchain. There is no debate that there is a big problem in Bitcoin and what is being debated until now is the correct solutions or solutions for the problem of scaling.
Now, the worst that can happen will be the split almost similar to what happened to Ethereum that resulted into the classic Ethereum or ETC and the more popular ETH. In case, there would be a split then maybe we can be receiving two types of Bitcoin by then but this can of course affect the value of the coin most especially immediately after the event.
However, I still believe that there would be no split and if there is then it will not be bloody as feared by many. The bigger interest of the common people holding Bitcoin should prevail.
so how do we know which kind of BTC we have now if this happens? The "beauty" of a hard fork when you own coins is that you should get double the coins. Coins on the new chain + coins on the old chain. Of course you need to really own the coins, meaning they must be in the right wallet. The problem with that way of thinking is that you will have two different coins, but those coins are not going to be worth the price of the original, I think the loss of value could be great since many will be in doubt of what to do and even if the two coins were more valuable than the original that does not mean that you are going to be able to sell them since many recommend not moving the coins while we are in such a state of confusion. |
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leopard2
Legendary
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Activity: 1372
Merit: 1014
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June 27, 2017, 09:46:18 PM |
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Yes Bitcoin will die, it has died before, several times, so nothing special  |
Truth is the new hatespeech.
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xderek
Member
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Activity: 76
Merit: 101
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June 27, 2017, 09:51:04 PM
Last edit: July 18, 2019, 09:33:48 AM by xderek |
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Based on my own reading and research on this very important matter, for sure this will not be the end for Bitcoin and in fact this act is done to make Bitcoin more agile and efficient so that it can handle more transactions which hopefully can unclog the backlogs of transactions in the blockchain. There is no debate that there is a big problem in Bitcoin and what is being debated until now is the correct solutions or solutions for the problem of scaling.
Now, the worst that can happen will be the split almost similar to what happened to Ethereum that resulted into the classic Ethereum or ETC and the more popular ETH. In case, there would be a split then maybe we can be receiving two types of Bitcoin by then but this can of course affect the value of the coin most especially immediately after the event.
However, I still believe that there would be no split and if there is then it will not be bloody as feared by many. The bigger interest of the common people holding Bitcoin should prevail.
So many pools signed this, why would the majority want an end to bitcoin? Would it still make sense since so many started buying into? |
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John Wick
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June 27, 2017, 09:57:03 PM |
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Yes Bitcoin will die, it has died before, several times, so nothing special I'm sorry but this does not make any sense to me. It never died, the others only can harm and injure bitcoin. Nothing more, they can do. |
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shinratensei_
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Activity: 3080
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
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June 27, 2017, 11:34:31 PM |
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Bitcoin will not end, it will change / evolve. We will probably end up in a similar situation to ETH and ETC where they had two chains for the same coin, it is certainly an interesting time but not something to panic about it is more of an exciting time in the evolution of bitcoin.
Are you sure? You said that the bitcoin will have ended up like ETH and ETC but I've heard another said that the bitcoin will not get forked and just there will be an improvement such as Segwit and 2MB hardfork. But if the bitcoin will get UASF in 1 august and I think there is a lot of chance the chain split to happen. My thought if that must be avoided. We know that the community of ethereum gets divided caused by the chain split. |
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rajuahmed330 (OP)
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July 21, 2017, 04:09:33 AM |
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thanks all.
thanks for your valuable feedback
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Be hardworker
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zarados
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July 21, 2017, 05:06:49 AM |
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Bitcoin will seperate after august 1?
or
Bitcoin will end?
Some of sites written about this.
Need a Expert opinion or Real news. So waiting....
Bitcoin will end? Which site wrote that ?, you say some, it means there is more than one. Come on..1 august is just a date to be skipped like any other date. That is only the date where since the release segwit2 up to 1 August, how much percent support the proposal. Even if there is a dump, it does not mean the end of bitcoin. It's not that easy to end it. |
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affandi
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July 21, 2017, 05:08:49 AM |
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Yes Bitcoin will die, it has died before, several times, so nothing special I'm sorry but this does not make any sense to me. It never died, the others only can harm and injure bitcoin. Nothing more, they can do. Bitcoin will not die, it's time now you buy and save it. If the bitcoin dies, then altcoin will die soon as well. |
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Gandam23
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July 21, 2017, 05:35:41 AM |
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I disagree because i believe that it will be a huge success of splitting the bitcoin. It is good in the economy because after that day i hope that bitcoin will not going down.
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mmo4me.2016
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July 21, 2017, 05:38:25 AM |
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Bitcoin will seperate after august 1?
or
Bitcoin will end?
Some of sites written about this.
Need a Expert opinion or Real news. So waiting....
I thinks, the best we have one BTC and other coin! Best for member and more This time gives people a better view of BTC |
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Aleya
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July 21, 2017, 06:19:24 AM |
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Actually , i don't know what happen in August 1. Bitcoin is a very popular site and also be trustred. A huge number of people are connected to this site. So, its impossible to end.
My opinion is that, don't worry everything is going to be fine.
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Cryptocoinsmania.com
Newbie
Offline
Activity: 59
Merit: 0
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July 21, 2017, 07:09:51 AM |
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No, it will not end. And it will rise more than ever.
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xbiv2
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July 21, 2017, 07:11:21 AM |
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Read my signature, it have all answers.
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xskl0
Sr. Member
Offline
Activity: 378
Merit: 260
Bitcoin SV is Bitcoin
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July 21, 2017, 07:15:41 AM |
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Bitcoin will seperate after august 1?
or
Bitcoin will end?
Some of sites written about this.
Need a Expert opinion or Real news. So waiting....
The posibility of a hardfork instead of UASF is on the air because BTCunlimited are supporting the bitcoincash split but I think any expert here can be sure of what will happen on august 1st |
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User365
Sr. Member
Offline
Activity: 434
Merit: 251
physics, mathematics and engineering
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July 21, 2017, 07:24:00 AM |
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Don't worry everything is going to be fine Nobody wants the network to fail, not the miners, nor the users. Therefore I think there won't be a split and after segwit2x is activated global mass adoption can start due to enourmous scaling possibilities |
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cryp24x
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July 21, 2017, 07:28:01 AM |
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Actually , i don't know what happen in August 1. Bitcoin is a very popular site and also be trustred. A huge number of people are connected to this site. So, its impossible to end.
My opinion is that, don't worry everything is going to be fine.
First, Bitcoin is not a site, it is a digital currency, though today it seems that bitcoin FUD had stopped. This bitcoin will die scheme had been roaming the internet for almost a decade now. There are several prediction that bitcoin will die but instead bitcoin keep going strong. But before today, FUD had been successful in pulling bitcoin price down. Lucky some announcement of Big exchanges shifted the momentum. |
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