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Author Topic: Your plans for 1st august?  (Read 13295 times)
kayvie
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July 15, 2017, 08:28:05 PM
 #201

What are your plans currently and what are you planning to do before this date? sell everything? hodl no matter what? maybe try to profit from a chain split? I'm personally still confused and I'm not sure what to do, I prefer waiting to see what is the standpoint of more exchanges and services.
i actually dont have anything to sell neither hold for a long term. but if i have to bitcoin, i probably hold it, i will trust bitcoin and also my decision. and i also wanted to see of the outcome of this chain split. hoping it brings us a great news
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July 15, 2017, 09:15:29 PM
 #202

Some exchangers have made announcements, and none of them suggest to move users into their wallets outside their system, this is a good thing considering there is an accountability step, I overcame it by turning bitcoin into altcoin, whatever the decision, altcoin is not an actor included In chain split movie.



 

 

 

 

 

 


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July 15, 2017, 10:16:06 PM
 #203

I think that the decrease in the price of bitcoin will occur not on August 1 but a few days before this date. We are already seeing a mass hysteria and this will continue. And on August 1, I will just watch what is happening and I will not do anything with my coins

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July 15, 2017, 10:49:32 PM
 #204

Some exchangers have made announcements, and none of them suggest to move users into their wallets outside their system, this is a good thing considering there is an accountability step, I overcame it by turning bitcoin into altcoin, whatever the decision, altcoin is not an actor included In chain split movie.
To be on the safer side i would suggest you to transfer your bitcoins in to your own wallet rather than trusting the exchanges when there is a network split as you really cannot trust these exchanges,so the best solution is to keep your coins in your own wallet during these days,always be on the safer side when it comes to money. Smiley
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July 15, 2017, 10:55:14 PM
 #205

I think that the decrease in the price of bitcoin will occur not on August 1 but a few days before this date. We are already seeing a mass hysteria and this will continue. And on August 1, I will just watch what is happening and I will not do anything with my coins
Have you read the schedule of the hardfork? it has told you a lot of the information regarding the hardfork that will be running until half of the august. Some said that split will be happened and it can't be avoided. Already sold all of my bitcoin @26++ it looks good to see we will be going down again. All of this related to the 1 august.

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July 15, 2017, 11:16:00 PM
 #206

As a wise person, we should not going to panic and sell our bitcoin. It remains unclear we doesn't know what will happen. The best thing to do is to divide it. Make sure that we don't put all our bitcoin in wallet but to put it as fiat as well.

You correctly say - everyone should stop hysterics. This will lead to nothing good. I'm just unpleasantly surprised that, at the slightest price fluctuation, many who called themselves a bitcoin enthusiast just sold all the coins.

Bitcoin might has reached the lowest price due to this uncertain news about hard fork even though it should be negligible and users don't have to do anything except just export your private key. I'm a little bit anxious when the dropped back happened, but actually it is a good chance to buy cheaper coins and waiting for it rise on August. Many daily traders could extract more profits because this event because many newbies might be frightened to saw bitcoin price fall significantly.
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July 15, 2017, 11:29:18 PM
 #207

BUY BUY BITCOINS! haha  Grin
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July 16, 2017, 03:11:17 AM
 #208

Some exchangers have made announcements, and none of them suggest to move users into their wallets outside their system, this is a good thing considering there is an accountability step, I overcame it by turning bitcoin into altcoin, whatever the decision, altcoin is not an actor included In chain split movie.
To be on the safer side i would suggest you to transfer your bitcoins in to your own wallet rather than trusting the exchanges when there is a network split as you really cannot trust these exchanges,so the best solution is to keep your coins in your own wallet during these days,always be on the safer side when it comes to money. Smiley
We will never know what will happen, but all of us need to be ready. Yes just to be in a safer side others may transfer their bitcoin in other wallet or if need cash they may convert it into fiat. Nonetheless, they may go into altcoins as bitcoin price for now is continously going down.
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July 16, 2017, 03:48:23 AM
 #209

I'm buying alts, any thing that looks like a scam coin I'm buying in bulk because as it turns out those coins are the ones pumping whenever Bitcoin price increases after a huge dump, now we're in the same huge dump and all the alts are dumping as well. I figured while people are manipulating every thing and then earn their millions profit, why wouldn't I do the same by riding a corner of this big wave? something good about alts is that we can point our miners to mine any of them any time we want unlike asic which we could only mine Bitcoin with them.

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July 16, 2017, 04:37:15 AM
 #210

I'm buying alts, any thing that looks like a scam coin I'm buying in bulk because as it turns out those coins are the ones pumping whenever Bitcoin price increases after a huge dump, now we're in the same huge dump and all the alts are dumping as well. I figured while people are manipulating every thing and then earn their millions profit, why wouldn't I do the same by riding a corner of this big wave? something good about alts is that we can point our miners to mine any of them any time we want unlike asic which we could only mine Bitcoin with them.

Well, good luck with that because you will either be scammed or be scammed basically, that is a very risky thing to do. instead of looking for a scam look alike, why not look for

undervalued coins? usually coins which have straight-like horizontal graph tends to rise high although some coins take years. well asics are specifically built for bitcoin however

you can also mine coinsas long as its under sha256.

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July 16, 2017, 04:40:20 AM
 #211

I'm going to be just holding my priv keys.. I am too busy to keep up Sad

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July 16, 2017, 05:14:16 AM
 #212

Some exchangers have made announcements, and none of them suggest to move users into their wallets outside their system, this is a good thing considering there is an accountability step, I overcame it by turning bitcoin into altcoin, whatever the decision, altcoin is not an actor included In chain split movie.
To be on the safer side i would suggest you to transfer your bitcoins in to your own wallet rather than trusting the exchanges when there is a network split as you really cannot trust these exchanges,so the best solution is to keep your coins in your own wallet during these days,always be on the safer side when it comes to money. Smiley
We will never know what will happen, but all of us need to be ready. Yes just to be in a safer side others may transfer their bitcoin in other wallet or if need cash they may convert it into fiat. Nonetheless, they may go into altcoins as bitcoin price for now is continously going down.
that is what makes the current situation of crypto market dumped, crashed quite deep .

people should be calm down and a little bit optimistic heading the next chapter of bitcoin journey. we are indeed have to prepare for something unexpected and maybe worst , but we should have a bigger faith on bitcoin to keep supporting it to be better after the fork later.

.
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July 16, 2017, 05:29:12 AM
 #213

Some exchangers have made announcements, and none of them suggest to move users into their wallets outside their system, this is a good thing considering there is an accountability step, I overcame it by turning bitcoin into altcoin, whatever the decision, altcoin is not an actor included In chain split movie.
To be on the safer side i would suggest you to transfer your bitcoins in to your own wallet rather than trusting the exchanges when there is a network split as you really cannot trust these exchanges,so the best solution is to keep your coins in your own wallet during these days,always be on the safer side when it comes to money. Smiley
We will never know what will happen, but all of us need to be ready. Yes just to be in a safer side others may transfer their bitcoin in other wallet or if need cash they may convert it into fiat. Nonetheless, they may go into altcoins as bitcoin price for now is continously going down.
that is what makes the current situation of crypto market dumped, crashed quite deep .

people should be calm down and a little bit optimistic heading the next chapter of bitcoin journey. we are indeed have to prepare for something unexpected and maybe worst , but we should have a bigger faith on bitcoin to keep supporting it to be better after the fork later.
Imo it seems more like the bubble popped and it wasn't the soft fork news coming along that triggered the collapse; if it was just the fork then we wouldn't see the entire market crashing and seeing about $40B of value disappear across the board. Money would have flowed into other cryptos like ETH or XRP most likely, but everything just went south, and very quickly went south.

May be it is the soft fork, but I'm expecting more to come. I don't think it is over yet.
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July 16, 2017, 05:30:43 AM
 #214

I am going to las vegas Yayyyyyyy And play casino there and shre some here if i wonnn Smiley))
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July 16, 2017, 05:38:50 AM
 #215

Sell your BTC for sure. Would recommend that to anyone reading this. The price has been going up due to volatility and not really due to much else (beyond the halving block reward).

So what is there in the next year that will see BTC go up more?nothing that I can see for now. We are lucky it is still above 2,000 right now, it probably should be 1,500.

TRUE. Remember when we started here, bitcoin is less than 500 dollars( when i started ), even me go to selling panic because of that august one thingy, but I'm thinking that i've just started from scrap, I already have a few funds and I think that more than enough money that Ive gathered here. We right now is facing a dilemma and sometimes thinking on turning to alternatives but the price of BTC is slowly going down because of so many dumps and thoughts that their BTC might be just a waste after august 1. I'm not an expert in programs and how the blockchain technology work but even theymos gave a warning about this and that's a fire sign for us to be ready on what's coming.

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July 16, 2017, 06:12:56 AM
 #216

Sell your BTC for sure. Would recommend that to anyone reading this. The price has been going up due to volatility and not really due to much else (beyond the halving block reward).

So what is there in the next year that will see BTC go up more?nothing that I can see for now. We are lucky it is still above 2,000 right now, it probably should be 1,500.

TRUE. Remember when we started here, bitcoin is less than 500 dollars( when i started ), even me go to selling panic because of that august one thingy, but I'm thinking that i've just started from scrap, I already have a few funds and I think that more than enough money that Ive gathered here. We right now is facing a dilemma and sometimes thinking on turning to alternatives but the price of BTC is slowly going down because of so many dumps and thoughts that their BTC might be just a waste after august 1. I'm not an expert in programs and how the blockchain technology work but even theymos gave a warning about this and that's a fire sign for us to be ready on what's coming.
You understand that such conversations and suggestions raise panic among Bitcoin users. Unequivocal I think that Bitcoin will grow soon. It's just a huge hype and a build-up of the situation before August 1, and this is exactly what affects the overall situation. People are simply scared and are trying to sell all their Bitcoin, so the market is filled with offers, and the price is falling. Just think that if someone Bitcoin buys, then he is not afraid of what is happening today. It seems to me that now is the chance to buy Bitcoin at a cheap price and before the end of the year you will have a good profit.
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July 16, 2017, 07:09:57 AM
 #217

Imo it seems more like the bubble popped and it wasn't the soft fork news coming along that triggered the collapse; if it was just the fork then we wouldn't see the entire market crashing and seeing about $40B of value disappear across the board. Money would have flowed into other cryptos like ETH or XRP most likely, but everything just went south, and very quickly went south.

May be it is the soft fork, but I'm expecting more to come. I don't think it is over yet.

The bubble didn't popped. Because there was no bubble. Even at $2,500 per coin, Bitcoin was heavily under-valued. The reason for the current crash was the dumping of coins by large-scale investors, who are afraid of the August 1 events.
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July 16, 2017, 07:20:54 AM
 #218

Imo it seems more like the bubble popped and it wasn't the soft fork news coming along that triggered the collapse; if it was just the fork then we wouldn't see the entire market crashing and seeing about $40B of value disappear across the board. Money would have flowed into other cryptos like ETH or XRP most likely, but everything just went south, and very quickly went south.

May be it is the soft fork, but I'm expecting more to come. I don't think it is over yet.

The bubble didn't popped. Because there was no bubble. Even at $2,500 per coin, Bitcoin was heavily under-valued. The reason for the current crash was the dumping of coins by large-scale investors, who are afraid of the August 1 events.
I pretty confident Bitcoin market. Yes, speculations and Fear are working perfectly to bring BTC price down. But, I will be buying more Bitcoin in range of $1250-$1500. In future mainly only super rich will hold BTC.
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July 16, 2017, 07:28:42 AM
 #219

Hey Guys !!

Are you thinking as they way i am thinking ?? Grin





What do you think ?

Thanks
Regards
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July 16, 2017, 07:40:33 AM
 #220

TRUE. Remember when we started here, bitcoin is less than 500 dollars( when i started ), even me go to selling panic because of that august one thingy, but I'm thinking that i've just started from scrap, I already have a few funds and I think that more than enough money that Ive gathered here. We right now is facing a dilemma and sometimes thinking on turning to alternatives but the price of BTC is slowly going down because of so many dumps and thoughts that their BTC might be just a waste after august 1. I'm not an expert in programs and how the blockchain technology work but even theymos gave a warning about this and that's a fire sign for us to be ready on what's coming.
You understand that such conversations and suggestions raise panic among Bitcoin users. Unequivocal I think that Bitcoin will grow soon. It's just a huge hype and a build-up of the situation before August 1, and this is exactly what affects the overall situation. People are simply scared and are trying to sell all their Bitcoin, so the market is filled with offers, and the price is falling. Just think that if someone Bitcoin buys, then he is not afraid of what is happening today. It seems to me that now is the chance to buy Bitcoin at a cheap price and before the end of the year you will have a good profit

And what follows from that?

That we should keep silence and repeat the mantra that Bitcoin cannot crash? Bitcoin is a zero-sum game, and for someone to win, someone else should necessarily lose (you may like it or not but this won't change a thing). If Bitcoin is going to crash massively, spreading unfounded optimism is more evil than spreading "fear, uncertainty, doubt". Since in the latter case people will lose something (provided the price does actually rebound, which is not a given), but they will likely preserve the bulk of their wealth anyway. And now think what unbridled optimism can lead to if people start to believe in it and lose all in the end. What is more dangerous and amoral (as far as morale is applicable here)?

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