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Author Topic: Should I buy bitcoins before or after August 1st?  (Read 5310 times)
Bitcoin Guy (OP)
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June 24, 2017, 02:09:20 PM
 #1

On August 1st, they will implement the Segwit and there are some uncertainties involved.  If I were wanting to invest, should I do it before or after the date? 

My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.

Also, what is the official words on the implementation? 

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June 24, 2017, 02:22:29 PM
 #2

The ball is in your court bruv! I would say you should go ahead and just invest, life is all about risk and moreover the likelihood of a hard fork is dieing down and no one knows what happens after the upgrade but what I know is even if not now, the value of bitcoin will still go up and the best way to be safe is just invest now. Bitcoin's volatility makes it unpredictable to know what may happen. My opinion though, but like I said, stay with what your heart tells you.
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June 24, 2017, 02:23:50 PM
Last edit: June 24, 2017, 02:41:17 PM by HabBear
 #3

Hi Bitcoin Guy, someone started a thread asking the same question yesterday, you'll find it here: https://bitcointalk.org/index.php?topic=1981996.msg19736252#msg19736252

As for words on official implementation, you'll find the most current answer...every day...by searching "Bitcoin SegWit" on this Forum or on Google. What I mean is there's only been signaling of intent, no word of official "it's going to happen."...yet.

Personally, the concern about buy now or later isn't related to the price. It's related to whether the fallout from SegWit ultimately creates a hard fork that results in two versions of Bitcoin coin, one of which miners will adopt and will continue to have value and the other miners won't adopt and it will fall into obscurity. You don't want to be on the wrong side of that result.

If you have your bitcoin in an online wallet you can't guarantee that you won't be on the wrong side of it.
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June 24, 2017, 02:30:38 PM
 #4

i say right now everything depends on the core developers. what they do or say can change the course of bitcoin a lot.

  • if they get behind SegWit2x then you shouldn't have any worry at all. price will rise to the moon. make sure to buy as soon as you heard the news.
  • if they go against it then chain will probably experience a split and i am sure that in case of a split price will take a big hit.
  • if they come to a middle ground and fix things so everyone is half happy, then again that can prevent a chain split and price will rise fast and big.

nobody is going to run miners code without core supporting it.

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June 24, 2017, 02:33:56 PM
 #5

On August 1st, they will implement the Segwit and there are some uncertainties involved.  If I were wanting to invest, should I do it before or after the date? 

My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.

Also, what is the official words on the implementation? 
Well if you have some money to invest, and you do not mind losing it, i would suggest for you to invest. Yes that could be a good idea, or it could be bad. But if i had money, i would definitely invest it. Because what ever happen, i do not think price will go down, and even if that happen, it will go up in no time. The higher the risk is, higher the gain is too.
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June 24, 2017, 02:35:54 PM
 #6

On August 1st, they will implement the Segwit and there are some uncertainties involved.  If I were wanting to invest, should I do it before or after the date? 

My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.

Also, what is the official words on the implementation? 
It really depends just on what you want to do, there's nothing that really guarantees how well the fork will go and, while it will likely go smoothly due to the amount of testing they'll be doing (and probably are doing right now) prior to the actual implementation of it. But you're right, things can go wrong or people might sell due to uncertainty. If anything, I would wait for the presumed dip soon before it happens and then buy. But it's your money and I'm not going to tell you what to do.
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June 24, 2017, 02:38:10 PM
 #7

I expect that until the first of August panic will do its job and the price will drop coins as possible. This will allow me to buy more coins and after the second of August very good money when the price starts to go up. But that's just my opinion, I'm no expert.

 
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June 24, 2017, 02:57:13 PM
 #8

I expect that until the first of August panic will do its job and the price will drop coins as possible. This will allow me to buy more coins and after the second of August very good money when the price starts to go up. But that's just my opinion, I'm no expert.
You are not expert but what you said it's maybe right because most of the people are saying the same thing. And I also have hope on your words it may happen. If it happens then actually, it is good money for those who hold bitcoins in their wallet. I think before August 1st the price still goes down and yes this is the good time to buy some coins.
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June 24, 2017, 03:10:45 PM
 #9

I expect that until the first of August panic will do its job and the price will drop coins as possible. This will allow me to buy more coins and after the second of August very good money when the price starts to go up. But that's just my opinion, I'm no expert.
You are not expert but what you said it's maybe right because most of the people are saying the same thing. And I also have hope on your words it may happen. If it happens then actually, it is good money for those who hold bitcoins in their wallet. I think before August 1st the price still goes down and yes this is the good time to buy some coins.

Lots of people are supporting Segwit so the price will go up towards the end of July for sure. The voting ended at 80%-20%, so I think core developers and miners are in favor of the segwit and the outcomes. The price may drop after Aug 1st because of some confusion but it will not affect highly.

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June 24, 2017, 03:18:38 PM
 #10

In my opinion I think its better to be in a wait-and-see situation. Just read an update always on the issues involved so that it can narrow your option in investing in bitcoin. As of now, there are no official statements? or I maybe wrong and it is important that you are well informed.
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June 24, 2017, 03:23:59 PM
 #11

I expect that until the first of August panic will do its job and the price will drop coins as possible. This will allow me to buy more coins and after the second of August very good money when the price starts to go up. But that's just my opinion, I'm no expert.
You are not expert but what you said it's maybe right because most of the people are saying the same thing. And I also have hope on your words it may happen. If it happens then actually, it is good money for those who hold bitcoins in their wallet. I think before August 1st the price still goes down and yes this is the good time to buy some coins.
sell the news and things will happen according to your intentions as we knew that weak holders will be shaken and whales will make their dip moves to accumulate more btc as mention by some other experts its better to be wiser than being sorry if you are not sure better to wait after aug 1 and play the game if price drop then buy more if price moves up then do some fomo and hold do your research while you still have a month of time to decide.
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June 24, 2017, 04:08:45 PM
 #12

After seagwit will be yet another soft fork than hard fork.Could be  lot of chaos,many news and big price speculation,for now bitcoin cant move over 2800$.There is silence before storm.

 
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June 24, 2017, 04:10:57 PM
 #13

just invest as much as you can afford to lose, bitcoin still has a lot of potential irregardless of all the drama that you can see in the community. and that means a higher price in the future.

There is a FOMO brewing...
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June 24, 2017, 04:13:39 PM
 #14

Change brings chaos and chaos is an presents an opportunity to profit. I think if ever there would be any soft fork happening on august 1 then it would result to that chaos. Prices will likely go down but there is chance it could do the opposite and sore higher than before. Both are opportunities which you should evaluate yourself where you should put your money in.
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June 24, 2017, 04:16:45 PM
 #15

If you are not looking for short term trading, than I think you should just invest bitcoin whenever you have some fiat. But if you are worried about few $ drop than you can wait till there will be hard fork and if you get lucky you might get few cheap bitcoins sold by weak hands.
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June 24, 2017, 04:20:05 PM
 #16

just invest as much as you can afford to lose, bitcoin still has a lot of potential irregardless of all the drama that you can see in the community. and that means a higher price in the future.
Absolutely right. No doubt Bitcoin has good potential, but you might know that every investment is risky. So, to say that following the simple investment rule: Never make an Investment if you couldn't afford a total loss. To now wait for the right time.
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June 24, 2017, 04:22:17 PM
 #17

So many experienced traders and investors that have been into bitcoin for 3-5 years are hedging towards FIAT. I would not recommend anyone to get into bitgcoin at this stage. This said, if you are looking to invest for a long term, I think it should play out well for you.

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June 24, 2017, 04:24:59 PM
 #18

If you have Bitcoin before the split, you'll have Bitcoin on both chains and you'll eventually make more profit.
However, Bitcoin will get Segwit2x earlier than the UASF on August 1st.
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June 24, 2017, 04:43:37 PM
 #19

I will advice you to invest now if you really have some cash that you won't regret if invested :no one knows the what the future hold for bitcoi  after segwit is activated in August 1st,there can be split if things did not go well and if there is split there is no one to predict what the price will be,so it is depends on you but I will continue to buy and store even until August 1st
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June 24, 2017, 04:57:28 PM
 #20

Hi Bitcoin Guy, someone started a thread asking the same question yesterday, you'll find it here: https://bitcointalk.org/index.php?topic=1981996.msg19736252#msg19736252

As for words on official implementation, you'll find the most current answer...every day...by searching "Bitcoin SegWit" on this Forum or on Google. What I mean is there's only been signaling of intent, no word of official "it's going to happen."...yet.

Personally, the concern about buy now or later isn't related to the price. It's related to whether the fallout from SegWit ultimately creates a hard fork that results in two versions of Bitcoin coin, one of which miners will adopt and will continue to have value and the other miners won't adopt and it will fall into obscurity. You don't want to be on the wrong side of that result.

If you have your bitcoin in an online wallet you can't guarantee that you won't be on the wrong side of it.

Thank you for the info.  The title of the thread is almost identical! 

My exchange said that they support Bitcoin Core if the split does happen.

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June 24, 2017, 05:01:56 PM
 #21


Thank you for the info.  The title of the thread is almost identical! 

My exchange said that they support Bitcoin Core if the split does happen.

Nevertheless, keeping your own coin outside of that exchange will mean you can have coins on both chains. After the split, put back the coins in your exchange. At least if anything happens thereafter, you've still got the same amount of coins on either. Just a matter of safeguarding, is all.

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June 24, 2017, 05:04:04 PM
 #22

In this rather uncertain period that will soon follow a kind of chaos can appear and the price will be fluctuating but generaly the price will go up after period so if you hsvz some funds invest it now. Watch closely the market, there will be some funds and pumps meanwhile so use the opportunity when it will appear.

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June 24, 2017, 05:26:13 PM
 #23

Will go high or not after August 1, then just buy.

Your aniticipation really needs in your decision. Look, people are suggesting but I doubt you will follow some of them. That's why if what's on your heart then follow it. Just be sure that during August 1, you are closely monitoring the price so that if you feel that anything will be gone wrong, you are there to push that sell button to reduce the possible loss but if you really believe in bitcoin, then no matter how it will pull, you will still hold it and do another buys at the established dip.
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June 24, 2017, 05:26:41 PM
 #24

Will go high or not after August 1, then just buy.

Your aniticipation really needs in your decision. Look, people are suggesting but I doubt you will follow some of them. That's why if what's on your heart then follow it. Just be sure that during August 1, you are closely monitoring the price so that if you feel that anything will be gone wrong, you are there to push that sell button to reduce the possible loss but if you really believe in bitcoin, then no matter how it will pull, you will still hold it and do another buys at the established dip.

I guess if one is in for the long run, it does not seem really matter that much as the price is expected to be 10 folds plus in 5 to 10 years.  However, the lower the price one invests with a fixed amount of money, can increase more gain as more BTC can be bought at the time of investment.

In this rather uncertain period that will soon follow a kind of chaos can appear and the price will be fluctuating but generaly the price will go up after period so if you hsvz some funds invest it now. Watch closely the market, there will be some funds and pumps meanwhile so use the opportunity when it will appear.

I think I will buy and hold and not watch all the daily drama happening. It is too much for a normal heart to take.   Cheesy

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June 24, 2017, 08:56:18 PM
 #25

Honestly, with the volatility at this point I'd just try to stick out of Bitcoin and Cryptos all together. Prices are going to insane heigts, traders are beyond happy with the volatility and are playing the markets to be able to pull every single penny out of the people who are just getting into Bitcoin to make some quick cash and I just wouldn't trust this market to not bust AT SOME CLOSE POINT. I'd stick out of it and see how this all plays out, maybe you'll be able to buy Bitcoin for cheap or maybe you'll miss out on a time of Bitcoin before a huge breakout.




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June 25, 2017, 12:51:53 AM
 #26

It depends on you if you buy before or after. But it is better to buy now. If you want to invest or have a business on something you must take the risk. And also im sure that the price of bitcoin will grow more bigger after august no matter what.
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June 25, 2017, 12:58:06 AM
 #27

It depends on you if you buy before or after. But it is better to buy now. If you want to invest or have a business on something you must take the risk. And also im sure that the price of bitcoin will grow more bigger after august no matter what.

if it's after August 1 then we should not buy bitcoin because it will be expensive so buy if its affordable now, if August 1 is true we should have save now so we can join those who will get successful in pump.

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June 25, 2017, 01:05:32 AM
 #28

On August 1st, they will implement the Segwit and there are some uncertainties involved.  If I were wanting to invest, should I do it before or after the date? 

My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.

Also, what is the official words on the implementation? 

It depends on you if you really want to risk and have enough money thwn you should go invest.
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June 25, 2017, 02:24:03 AM
 #29

Actually it depends on your budget if you have funds, just buy now. Buy bitcoin and invest, you will never know the next price of bitcoin. Though its price is volatile but I believe it will rise and we will earn profit. So buy, invest and earn profit.
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June 25, 2017, 02:32:27 AM
 #30

Actually it depends on your budget if you have funds, just buy now. Buy bitcoin and invest, you will never know the next price of bitcoin. Though its price is volatile but I believe it will rise and we will earn profit. So buy, invest and earn profit.

I don't think you must buy bitcoin today, the price is still high and we all know the price can still dump. It is good if you can buy bitcoin week before August because that where mostly the dump happens. After that week we all know it will be pumping up again because the network splitting will be over.
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June 25, 2017, 02:38:48 AM
 #31

Yes, you should buy bitcoins before august 1 because i believe that the segwit fork for bitcoin will become a successful fork and it will enable bitcoin to transact faster because of its increased size blocks and also a lot of people will get in touch in bitcoin because of its more space network that will help bitcoin to adopt more user in the world that will make the price high.
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June 25, 2017, 03:18:36 AM
 #32

Yes, you should buy bitcoins before august 1 because i believe that the segwit fork for bitcoin will become a successful fork and it will enable bitcoin to transact faster because of its increased size blocks and also a lot of people will get in touch in bitcoin because of its more space network that will help bitcoin to adopt more user in the world that will make the price high.

Many will buy bitcoin for its reason so we should have enough saving by that time since it might get too expensive and we may not able to buy cheap btc or even alts after August 1 ,speculations says also that by that time many countries might open btc and implemented it on their countries.

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June 25, 2017, 03:22:42 AM
 #33

On August 1st, they will implement the Segwit and there are some uncertainties involved.  If I were wanting to invest, should I do it before or after the date? 

My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.

Also, what is the official words on the implementation? 

that is the problem that you will never know about. bitcoin is always like this. price goes up then there is some kind of drama that the community insists on making bigger and bigger, then everyone starts thinking a drop is possible and sometimes it even is. and after some down time when the market makers accumulated enough price rises again leaving everyone who didn't buy in that downtime, behind.

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June 25, 2017, 03:35:18 AM
 #34

On August 1st, they will implement the Segwit and there are some uncertainties involved.  If I were wanting to invest, should I do it before or after the date? 

My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.

Also, what is the official words on the implementation? 

that is the problem that you will never know about. bitcoin is always like this. price goes up then there is some kind of drama that the community insists on making bigger and bigger, then everyone starts thinking a drop is possible and sometimes it even is. and after some down time when the market makers accumulated enough price rises again leaving everyone who didn't buy in that downtime, behind.
My only strategy in bitcoin is believing to it because in my experience no matter what happen how deep the dump will be the bitcoin will be always going up because the bitcoin have many back up investors so in that way the only road for bitcoin to take is pump so buying now will be a good choice if you will hold it for a long term.



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June 25, 2017, 03:44:04 AM
 #35

On August 1st, they will implement the Segwit and there are some uncertainties involved.  If I were wanting to invest, should I do it before or after the date? 

My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.

Also, what is the official words on the implementation? 

that is the problem that you will never know about. bitcoin is always like this. price goes up then there is some kind of drama that the community insists on making bigger and bigger, then everyone starts thinking a drop is possible and sometimes it even is. and after some down time when the market makers accumulated enough price rises again leaving everyone who didn't buy in that downtime, behind.
My only strategy in bitcoin is believing to it because in my experience no matter what happen how deep the dump will be the bitcoin will be always going up because the bitcoin have many back up investors so in that way the only road for bitcoin to take is pump so buying now will be a good choice if you will hold it for a long term.

Agreed. It will recover, eventually. I believe this event will cause a serious drop in the price, for a while. I think we may see ETH surge in value, as it has become a 'safe haven crypto', along with LTC, ZCASH, XMR and XRP. They tend to pop when btc goes up or down; I think it's capital flight, or people using those networks to get around the congestion that always comes with a surge in price. If ETH pops, the ERC20 token gang will pop as well; people may retreat into these assets as they are more akin to stocks than coins, and try to wait it out. But essentially, I see a lot of capitalization moving into alts from BTC. Bitcoin won't die, it may have a bad week or two. Cheap coins IMO Wink
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June 25, 2017, 08:41:34 AM
 #36

We cannot say or determine what will hapoen ubntil the day come. The support of people is there but how long will they hold or invest after August 1?
But actually I reallly believe in bitcoins's ability to lift itself up because for sure there will be investors who will going to hold it no matter what. And also hope  this will not drop down for long since the panic selling will happen on or before the august 1
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June 25, 2017, 09:39:19 AM
 #37

For the fear of unknown movement of the market value of Bitcoin after 1st August one cannot categorically say you should buy or you not buy bitcoin. Remember that for every investment decision one take there is a risk involved. One thing I will advise is that you should  calculate within yourself and see if the risk is worth taken and if your analysis turn the other way then invest your money in something that you think is fruitful and less risky.
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June 25, 2017, 10:12:43 AM
 #38

i say right now everything depends on the core developers. what they do or say can change the course of bitcoin a lot.

  • if they get behind SegWit2x then you shouldn't have any worry at all. price will rise to the moon. make sure to buy as soon as you heard the news.
  • if they go against it then chain will probably experience a split and i am sure that in case of a split price will take a big hit.
  • if they come to a middle ground and fix things so everyone is half happy, then again that can prevent a chain split and price will rise fast and big.

nobody is going to run miners code without core supporting it

Then we are going to split

And maybe it will be to the better in the long run even if things may look really grim at first. It should be straightforward that the Core won't support SegWit2x. SegWit2x is a Trojan horse intended specifically to force Bitcoin Core to make a wrong step via making it look as if miners are willing to compromise, though it is not clear how they are going to reach a compromise between a soft fork (SegWit) and a hard fork (Big Blocks)

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June 25, 2017, 10:29:06 AM
 #39

Yes, You can buy Bitcoin before August. Because After August Bitcoin will pump and It;s Rate will be high. For that, You can buy Bitcoin before August and hold it. And, You will make a good profit from it.
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June 25, 2017, 10:31:16 AM
 #40

All investments are connected with risk and here it is necessary to make the decision itself that then it was not insulting in case of loss.

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June 25, 2017, 11:00:58 AM
 #41

whatever the outcome of this, Bitcoin will surely still be the number 1 crypto in coin market cap. Unless investors will take the negative side and switch next popular to this, but I am sure Bitcoin will stay since most of exchange platforms rely on BTC markets. Though it is certain, once it failed, the increase of its value will sure be affected and may not increase significantly like other experts speculates by the end of the year.


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June 25, 2017, 07:03:19 PM
 #42

whatever the outcome of this, Bitcoin will surely still be the number 1 crypto in coin market cap. Unless investors will take the negative side and switch next popular to this, but I am sure Bitcoin will stay since most of exchange platforms rely on BTC markets. Though it is certain, once it failed, the increase of its value will sure be affected and may not increase significantly like other experts speculates by the end of the year.

I couldn't agree more, if it fails the rate at which it used to increase will decline but then a lot of the current investors trust it than the other Altcoins and so they might not necessarily abandon it but it will just not be that attractive to newbies and wouldbe investors.
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June 25, 2017, 07:17:41 PM
 #43

whatever the outcome of this, Bitcoin will surely still be the number 1 crypto in coin market cap. Unless investors will take the negative side and switch next popular to this, but I am sure Bitcoin will stay since most of exchange platforms rely on BTC markets. Though it is certain, once it failed, the increase of its value will sure be affected and may not increase significantly like other experts speculates by the end of the year.

I couldn't agree more, if it fails the rate at which it used to increase will decline but then a lot of the current investors trust it than the other Altcoins and so they might not necessarily abandon it but it will just not be that attractive to newbies and wouldbe investors.

Buy and hold that's all you need to know. Butcoin will do it we all here because we believe in bitcoin. I would say but now,
I just know the price will climb and be a fair amount more by the end of the year. Not much more % wise but still more.

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June 27, 2017, 05:47:26 AM
 #44

There is risk. If you want to take risk you should buy btc now. Or if you don't want to take risk then you should wait for 1August.  After that you can buy Btc.

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June 27, 2017, 06:12:03 AM
 #45

There is the possibility that bitcoin prices will rise high in August, but we never know for sure. If you want to buy bitcoin, then do not ever hesitate to do it, because if you think positively about it, then the bitcoin price will always go up.  Grin
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June 27, 2017, 06:24:12 AM
 #46

No one knows for sure what will happen to bitcoin after the 1st of August, and there are some responses about it that have negative responses as well as some who have positive responses, but all dont have enough evidence to be strong reasons What will happen after August 1st.
Of course all hope will happen something good on bitcoin especially about the rise in bitcoin prices
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June 27, 2017, 06:32:21 AM
 #47


How about half before August 1st and half after?

But if you really want my opinion - after. People will be scared on August 1st and it will look bear, then would be the time to buy in my opinion.

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June 27, 2017, 06:44:54 AM
 #48

For me it up to us if we buy bitcoin before or after August 1, it just like panic buying happen then in August 1, let's just wait what will happen then in August, we just do our own risk to buy bitcoin.
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June 27, 2017, 06:46:54 AM
 #49

Bitcoin has been dropping in price the last few days, don't know how much lower it will go so it might be a decent enough time to invest now and just wait and see what happens.
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June 27, 2017, 07:08:18 AM
 #50

i say right now everything depends on the core developers. what they do or say can change the course of bitcoin a lot.

  • if they get behind SegWit2x then you shouldn't have any worry at all. price will rise to the moon. make sure to buy as soon as you heard the news.
  • if they go against it then chain will probably experience a split and i am sure that in case of a split price will take a big hit.
  • if they come to a middle ground and fix things so everyone is half happy, then again that can prevent a chain split and price will rise fast and big.

nobody is going to run miners code without core supporting it.

The decision on August 1st is still uncertain, whether core and miners will  come to a deal about it.
But, I doubt if segwit2x will be denied/fail to be implemented then bitcoin may drop a bit but not crash obviously.
So, buy bitcoin right now and enjoy the rally, if segwit activated on August, even though it won't be accepted but bitcoin price will still increase as well, it's nature of bitcoin since years ago.
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June 27, 2017, 07:14:05 AM
 #51

There is risk. If you want to take risk you should buy btc now. Or if you don't want to take risk then you should wait for 1August.  After that you can buy Btc.

Yes, you are right but after August, the price of bitcoin will increase. I hope already the price of bitcoin is kept decreasing so there is a chance we can able to buy Bitcoin and store it for the long haul. In future, there is a huge chance that bitcoin price will increase.
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June 27, 2017, 07:35:12 AM
 #52

There is risk. If you want to take risk you should buy btc now. Or if you don't want to take risk then you should wait for 1August.  After that you can buy Btc.

Yes, you are right but after August, the price of bitcoin will increase. I hope already the price of bitcoin is kept decreasing so there is a chance we can able to buy Bitcoin and store it for the long haul. In future, there is a huge chance that bitcoin price will increase.
I also believe that the price of bitcoin will increase after the month of august and now the price fall of different coins and especially bitcoin is a once in a lifetime opportunity to stock more bitcoin and other legit and most stable coin in the market because they are all good for long term and there is a lot of possibilities that they will be the one who can make you millionaire in just doing crypto.
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June 27, 2017, 07:43:43 AM
 #53

There is a possibility that bitcoin price may fall on the way to august 1 because of fear like what op is having. That is a good time to buy. And when a split happens, the price may drop more. That is another opportunity. But after that, after everything settles, it will be an upward trend. I hope so.
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June 27, 2017, 11:29:08 AM
 #54

I think it's better to wait until that time, although you might miss a price movement and bump, but the risk is significant if you buy and the price crash, if you already have BTC I think keeping it is smarter, but if you want to buy, buying after 1 August's chronicles are over and the direction of price is clear.
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June 27, 2017, 11:35:54 AM
 #55

Today's price is very low and I guess this is the final rally of bitcoin's price decrease. Don't wait for August 1 to come as the price is possible to be back and stable at $3,500 by that time. If you are going to wait for some more time, you will regret it.

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June 27, 2017, 11:49:59 AM
 #56

Many people on Youtube are saying that Bitcoin price will crash because too many speculators have entered the market and ponzi schemes, so ti will crash to oblivion. I am seeing the price fall every day now for the last week so looks like BTC is heading for a big crash, so I will wait for the price to go really low then I might buy some. Bitcoin has crashed before but I hope this time it survives after the next crash.


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June 27, 2017, 08:55:34 PM
 #57

On August 1st, they will implement the Segwit and there are some uncertainties involved.  If I were wanting to invest, should I do it before or after the date? 

My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.

Also, what is the official words on the implementation? 
Buying of bitcoin is anytime, therefore, I don't believe on what others said about in August1 first. It is only an speculations or food to give the community to make them panic. This is not going to be, and this not the first time happen into bitcoin.
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June 27, 2017, 09:19:50 PM
 #58

On August 1st, they will implement the Segwit and there are some uncertainties involved.  If I were wanting to invest, should I do it before or after the date? 

My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.

Also, what is the official words on the implementation? 
What if it's lie that the prices of bitcoin will go to down on 1st August.If it's goes down then try to buy more bitcoins.It will be helpful and once again a big opportunities to become a millionaire so we shouldn't lose a hope and didn't go for dates just take a risk and invest.
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June 27, 2017, 09:30:25 PM
 #59

On August 1st, they will implement the Segwit and there are some uncertainties involved.  If I were wanting to invest, should I do it before or after the date? 

My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.


What do you want? Buy at the current price rate and wait after August 1 for results or just watching it without any coins on hold. Play gamble mate as you are just trading where losing is normal. What if the price explode to the moon after August 1? It's still better to have coins on hand since you still sell it after August 1.

Like I said, play gamble and take the risk. It's no different from doing trades where you coins on hold to be dump.
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June 27, 2017, 10:18:22 PM
 #60

In my opinion I believe that it is best to buy bitcoins before August first.  The reason is that, there is a possibility of chain split and having bitcoin during the split means you will have bitcoins in both chain.  Aside from that if the chain does not split and the price goes up, you wont worry about it and enjoy the profit when you bought bitcoin before August 1.

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June 27, 2017, 10:43:02 PM
 #61

Investing in bitcoi world does not have to wait until the 1st of August, before that you can already invest. The faster you invest the faster you will get a big profit. Do not delay to invest. I am sure you will succes
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June 27, 2017, 11:12:29 PM
Last edit: June 28, 2017, 01:53:33 AM by lighpulsar07
 #62

On August 1st, they will implement the Segwit and there are some uncertainties involved.  If I were wanting to invest, should I do it before or after the date?  

My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.

Also, what is the official words on the implementation?  
in my own opinion, i think you should invest your money in bitcoin despite that there is the possibility that there is a chance for a chain split you should grab the opportunity to gain profit and besides, after the huge drop the value recovers easily so, there is nothing to worry about it. anyway it's your decision to buy bitcoin or not
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June 27, 2017, 11:29:53 PM
 #63

On August 1st, they will implement the Segwit and there are some uncertainties involved.  If I were wanting to invest, should I do it before or after the date?  

My concern is that the price would still be higher than the price on August 2nd if the implementation did not go as smooth as planned and caused the price to drop.

Also, what is the official words on the implementation?  
Well if you have some money to invest, and you do not mind losing it, i would suggest for you to invest.
This is the most stupid thing I have ever heard in my life. What do you mean,"Well if you have money that you don't bother losing, then invest?"
He asked the question in the first place to make sure that no money is not.

Anyways, to answer your question Bitcoin Guy, in the best scenario, core developers support SegWit and prices rise like hell.
However, in a worst case scenario, BIP 148 could cause Bitcoin to chain split into two separate blockchains, one with SegWit activated and one without. This would almost definitely cause a price drop. So you have to be prepared to sell or buy, after the hard fork.




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June 28, 2017, 12:15:03 AM
 #64

If you have some money on the side and were  planning to buy Bitcoin then you should go ahead and do it because if some changes are implemented, they are more likely to affect transactions from then onward and not retroactively.

If you're not sure, you can still split the amount between now and after August 1st, to see what happens.
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June 28, 2017, 12:21:01 AM
 #65

Since there is no 100% reliable answer to your question given that no one has the the power to predict with certainty the future, if I had the opportunity without doubt I would continue investing in bitcoins but would keep enough capital to take advantage of some great opportunity that could emerge on August. That is, if your plan to continue investing in bitcoin, only invest one fraction of your capital and save the other fraction for the expected day. If things go wrong, you will only lose a fraction of your money and you will find a great opportunity to enter the market in a precious moment. But if things go well, you will be in the market in a very advantageous position.
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June 28, 2017, 12:24:56 AM
 #66

If you have some money on the side and were  planning to buy Bitcoin then you should go ahead and do it because if some changes are implemented, they are more likely to affect transactions from then onward and not retroactively.

If you're not sure, you can still split the amount between now and after August 1st, to see what happens.
Yes, but will be good to know about what's mean Agust 1st for bitcoins, what's will be done with bitcoins on it, here what you need to know about the 2mb hard fork (segwit2x) the explaining is clear with the warning about the activation of segwit2x, that is good for our knowledge about bitcoins hard fork and the risk of it.
https://medium.com/@jimmysong/segwit2x-what-you-need-to-know-about-the-2mb-hard-fork-27749e1544ce
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June 28, 2017, 12:25:11 AM
 #67

The risk of a fork seems to be virtually gone, yet the price of bitcoin is already dumping quite a bit now. I think once we hit August 1st it will shoot up past $3k so I think now is the right time especially after the recent corrections.
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