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Author Topic: Afraid of August One?  (Read 25674 times)
AicecreaME
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July 07, 2017, 12:07:35 PM
 #201

Well hope to see some good improvements also the outcome in Bitcoin if SegWit has been activated in august 1. If anything Good or Bad will happens. I will still love to use bitcoins.

No thanks, I'd rather want to have bitcoin this way than to test if this SegWit activation would improve bitcoin or whatsoever. Bitcoin is perfectly fine the way it is right now, that is why there is no need for this SegWit thingy. I'm still confused about this splitting of bitcoin and so on,  let's just pray that thing would never happen because I'm sure that the first one that would be affected by this is the bitcoin price.
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July 07, 2017, 12:11:00 PM
 #202

Me myself right now i dont feel afraid of august 1 or what  bad shit or good shit will happen in that day of forking and segwit,all i need to be is stay calm and earn and earn and dont mine the risk of that even,we all dont know what will happen so we need to wait and hope for the best

 
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July 07, 2017, 12:27:22 PM
 #203

I have high hopes for bitcoin after this date the implementations will make btc able to compete with new generation cryptocurrencies that have faster tx confirmation times with its improved features and should quickly see a bullish bitcoin and break the current resistance...I honestly think there is nothing to be afraid of and bitcoin is still in good hands

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July 07, 2017, 12:51:03 PM
 #204

I have high hopes for bitcoin after this date the implementations will make btc able to compete with new generation cryptocurrencies that have faster tx confirmation times with its improved features and should quickly see a bullish bitcoin and break the current resistance...I honestly think there is nothing to be afraid of and bitcoin is still in good hands

I will not get my hopes up for the mean time but I am seeing news that the impending August 1 will be the date for bitcoin freedom over high fees and an over price downfall because it will certainly double in value on the said date, but I am not 100% so sure because there are still a risk involve in that said event.
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July 07, 2017, 12:53:19 PM
 #205

Well hope to see some good improvements also the outcome in Bitcoin if SegWit has been activated in august 1. If anything Good or Bad will happens. I will still love to use bitcoins.

That's the right spirit!

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July 07, 2017, 01:06:21 PM
 #206

Why should i afraid when it is a step towards bitcoins ultimate success? For those who doesn't know about August 1, there would be a split. And it is where the transaction of bitcoin will become faster onto your wallet. But you should know that there would be a hige dump of bitcoin. Not to fud but I think it will be 500 usd.
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July 07, 2017, 01:22:12 PM
 #207

For a third day straight bitcoin price is going down. The downward slope is very obvious and it might continue to go down up to the close of August 1. A lot of people are in the sideline just watching and some are selling already. Lets see in the next two days if the downward trend will continue.


People are just taking profits. Plus some people are rotating into either fiat or alts, just in case the Aug 1st thing doesn't go smoothly. Of course if it does go smoothly, watch for a jump in price afterwards.

 
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July 07, 2017, 02:56:02 PM
 #208

I try not to worry much about Bitcoin's fate after Aug 1st, and concentrate on growing my btc portfolio. I'm certain that bitcoin's explosive growth will continue.
wow! I really appreciate your spirit and your determination about using bitcoin . it will defiantly give you a good return so we should not be afraid of bitcoin on august 1st  we are hoping for a bright future of upcoming days bitcoin is going high and it will go high.

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freeyourmind
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July 07, 2017, 03:40:34 PM
 #209

It's difficult to predict which way things will go on August 1st, but just due to some people reducing their exposure before the actual event, I'd expect the Bitcoin price to be a bit lower leading up to it.
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July 07, 2017, 04:05:52 PM
 #210

We are already in July and August 1 is coming...the day when Segwit would start signalling for all and what will happen after this date is something many fear of. Will there be a split and what will happen on the split?

I have already read some assurance that at the current rate things are doing, the possibility for a split is getting remote. Maybe the overarching interest of all stakeholders has already dawned to many.
No one knows what will happen to bitcoin that day. Perhaps we are fearing, it is not fear, but fear of losing something inherent in our lives.How Bitcoin evolves depends on that day.
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July 07, 2017, 04:45:48 PM
 #211

I am taking this issue seriously, I think it is one of the rumors which brings a lot of confusion among the bitcoin holders, it has created a panic situation across this platform, some people are looking for a scope to sell their bitcoin if something will happen but intelligent people are taking preparation to gather more bitcoin by this chance. so don't get worried about 1st August...
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July 07, 2017, 08:11:01 PM
 #212

We are already in July and August 1 is coming...the day when Segwit would start signalling for all and what will happen after this date is something many fear of. Will there be a split and what will happen on the split?

I have already read some assurance that at the current rate things are doing, the possibility for a split is getting remote. Maybe the overarching interest of all stakeholders has already dawned to many.
Maybe August 1st will be the biggest development of bitcoin, bitcoin will be recognized and developed in the world and grown up we should be happy about that. What people always expect it to come, because it will bring us great advantages
Activating segwit is going to be one of the biggest developments when it comes to bitcoin, it will help the network immensely by increasing the speed and reducing the costs of getting our transactions to be confirmed, this is key if bitcoin is to become a payment system used by hundreds of millions or even billions of people, it is the first step but it is a step on the right direction.
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July 07, 2017, 09:26:29 PM
 #213

The price will probably fall on august 1st but I think in the end segwit adoption will win out and everything will be fine
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July 07, 2017, 09:28:03 PM
 #214

true but one counter argument is that segwit is simply a band aid to a much larger problem, and when the bitcoin network outgrows the extra space provided by segwit we will be back to where we are now with the sometimes incredibly long confirmation times and high fees. we need to find a better long term solution also
We are already in July and August 1 is coming...the day when Segwit would start signalling for all and what will happen after this date is something many fear of. Will there be a split and what will happen on the split?

I have already read some assurance that at the current rate things are doing, the possibility for a split is getting remote. Maybe the overarching interest of all stakeholders has already dawned to many.
Maybe August 1st will be the biggest development of bitcoin, bitcoin will be recognized and developed in the world and grown up we should be happy about that. What people always expect it to come, because it will bring us great advantages
Activating segwit is going to be one of the biggest developments when it comes to bitcoin, it will help the network immensely by increasing the speed and reducing the costs of getting our transactions to be confirmed, this is key if bitcoin is to become a payment system used by hundreds of millions or even billions of people, it is the first step but it is a step on the right direction.
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July 07, 2017, 09:46:44 PM
 #215

Everyone is a bit of afraid as we don't know what might happen on August 1. If it gets messy than the price of bitcoin will fall but this should not scare us as the price will surely recover after everything is settled.

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July 07, 2017, 11:50:41 PM
 #216

We are already in July and August 1 is coming...the day when Segwit would start signalling for all and what will happen after this date is something many fear of. Will there be a split and what will happen on the split?

I have already read some assurance that at the current rate things are doing, the possibility for a split is getting remote. Maybe the overarching interest of all stakeholders has already dawned to many.
I am afraid I will accept it but I will not sell my funds because I have my full trust in bitcoin but the thinking of you will lose some or big will not be remove from your mind so in my self I will not sell my coins and let's see what will happen after the segwit If that is successful then I will gain more profit if fail then I will lose some, But as you see the litecoin succeed with that so why bitcoin is not? so let's gamble with it.

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July 08, 2017, 02:13:07 AM
 #217

Everyone is a bit of afraid as we don't know what might happen on August 1. If it gets messy than the price of bitcoin will fall but this should not scare us as the price will surely recover after everything is settled.
Of course many are afraid of August 1 but not all bitcoiners are. You said it yourself what will happen if the decision is bad and in addition to that, bitcoin might be dethroned because people might try to find another coin that is better than bitcoin but still it would still have a price. When it got good and transactions really became faster, for sure it will rise in price so it is a normal risk that everyone takes.
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July 08, 2017, 05:23:04 AM
 #218

Im on the decision of taking profit right now and convert my btc into fiat because i am really afraid of august 1, but after reading all the post here i am convince that many people here are being optimistic and see bitcoin will surely rise after the said downfall, and now i realized that the bip148 will surely helps us to make the fees low and for a faster transaction.
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July 08, 2017, 09:16:48 AM
 #219

Im on the decision of taking profit right now and convert my btc into fiat because i am really afraid of august 1, but after reading all the post here i am convince that many people here are being optimistic and see bitcoin will surely rise after the said downfall, and now i realized that the bip148 will surely helps us to make the fees low and for a faster transaction.
If BIP148 is gonna happen. According to this article, (link:  https://bitcoinmagazine.com/articles/countdown-segwit-these-are-dates-keep-eye/) segwit2x will activate segwit first in July 25 though BIP 91 minimizing the risk of chain split if they follow the agreement in New York thus, BIP 148 will not activate. and since more than 80% of the hash rate are in support on segwit2x although intentional the real signalling is July 21. it seems that miners is in support of segwit after all.
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July 08, 2017, 09:22:33 AM
 #220

Im on the decision of taking profit right now and convert my btc into fiat because i am really afraid of august 1, but after reading all the post here i am convince that many people here are being optimistic and see bitcoin will surely rise after the said downfall, and now i realized that the bip148 will surely helps us to make the fees low and for a faster transaction.

Well that's your decision and no one can stop you from having that idea, but you're believing of a certain conditions that will bring negative effect for us. I tell it won't be doing as bad when that day comes, and as a reminder about your holdings, maybe you will do panic buying in the future whwn btc rises so fast after August one. Nothing to be afraid of and everybody should be staying strong despite of the unpredictable situation of bitcoin, stay focus and don't lose hope.
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