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Author Topic: Should I buy bitcoins before or after August 1st?  (Read 5275 times)
buwaytress
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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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Bitcoin Guy
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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

- To be or not to be, that is the question. -
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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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