Your plans for 1st august?

[tabas]

I will wait if the segwit is done in Aug the 2nd, They bitcoin increase after the Segwit event  bitcoin will up and price become booom high

Many of us are hoping to see the price of bitcoin to become healthy and increasing again after August 1. There's no need to think about it as we only need to hold our bitcoins and any other plans that you want to do is just only selling it before July 31 or earlier. Because exchanges will not allow anyone to withdraw because of it.

[dquancey]

I'll be withdrawing from exchanges shortly, putting into my wallet, then watching the drama unfold.

Will have to wait and see what happens, nobody knows, but I'll be 50% BTC and 50% alts, this is what I'm usually in and don't see a reason why this should change.

[OROBTC]

...

I will be sitting on the (metaphorical) porch, with a coffee in hand, watching all the fun.  And it WILL be entertaining, as I too have "skin in the game" (own BTC).  Note that I will be watching, not selling.

And maybe right before August 1, maybe I will buy a wee bit.  Especially if prices keep going down.  And hope that these guys (miners & developers) settle these scaling problems and inflated egos.

[bitcoinvestor]

My plans are simple, just take out my bitcoins from the exchanges and keep them in a wallet whose keys I control. And watch the grand show with some coke and popcorn.

That's masters in bitcoin do. In the guidance to face the possibilityof  bitcoin in two chain, the bitcoin holders should keep the asset in cold storage bitcoin wallet, they suggest core wallet because core team are the real developers. When the chain splits into two or three then we can choose which coin would you like to choose. After that you can see how all the coins compete. I hope there will be no chain splitting.

[stolendata]

I will wait if the segwit is done in Aug the 2nd, They bitcoin increase after the Segwit event  bitcoin will up and price become booom high

Many of us are hoping to see the price of bitcoin to become healthy and increasing again after August 1. There's no need to think about it as we only need to hold our bitcoins and any other plans that you want to do is just only selling it before July 31 or earlier. Because exchanges will not allow anyone to withdraw because of it.

in fact most of the investors are now becoming side line they have already sold their bitcoin now they are waiting for the price of bitcoin to start increasing. but i think it will become difficult for them to get chance when the price of bitcoin start increase, because bitcoin price will start increase very soon,

[vella85]

Like most I'm not sure what will happen but to be safe I have now stored most of my Bitcoins on my desktop and left some on the exchanges to buy up some cheap Altcoins. I have invested a fair bit into LTC as this could be a place to store some BTC before August 1st, like with everything in life it's all a gamble and I'm willing to hold and wait it out and hopefully it all turns out for the best for all of us.

[kelceyott]

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.

My plan for the first of August is to make a lot of money from bitcoin. Then will find out more the electronic money market to invest and expand this mayor. I want to develop finance with bitcoin in the coming future.

[sofi@]

We are currently experiencing price drops for bitcoin I guess that's the effect of coming August 1 maybe more price drops but we should not panic and sell our bitcoin though it's not clear what would be the effect of August 1st, still bitcoin will not disappear or will be valued that low. better hold on your bitcoin and wait for the price to increase I believe it's still worth in investing to bitcoin.

[surix]

My plan:

- Take back everything from exchange accounts and put everything in hardware wallet;
- keep a small % of altcoin portfolio as diversification;
- Wait

[grermezter]

We are currently experiencing price drops for bitcoin I guess that's the effect of coming August 1 maybe more price drops but we should not panic and sell our bitcoin though it's not clear what would be the effect of August 1st, still bitcoin will not disappear or will be valued that low. better hold on your bitcoin and wait for the price to increase I believe it's still worth in investing to bitcoin.

The Price drop is due to people misconception on how when the hardfork is implemented it will drive the price down and the possibility of a split which i doubt is going to happen, The price seems to be recuperating after a horrid weekend and am so glad about that. I am loosing some money but i will continue to hold it will be worth it certainly.

[xFiber]

For me and my household we will continue to hold our bitcoin because we believe that even if there is going to be split by 1st August with time the market value of Bitcoin will increase to our take profit level. Selling at this time is a lost to me so I will continue to hold.

Very smart decision making on your behalf. Selling would be an extreme loss of opportunity indeed. I hope bitcoin won't split at all but whatever happens I still believe in bitcoin.

[secdark]

For me and my household we will continue to hold our bitcoin because we believe that even if there is going to be split by 1st August with time the market value of Bitcoin will increase to our take profit level. Selling at this time is a lost to me so I will continue to hold.

Very smart decision making on your behalf. Selling would be an extreme loss of opportunity indeed. I hope bitcoin won't split at all but whatever happens I still believe in bitcoin.

Agree with you i still believe in bitcoin after August 1. No matter the bitcoin split or not i still my bitcoin and my altcoin. Though to keep it safe i just hold a little amount of it because i need money and because of the hype of the upcoming segwit this august so it is the right time to cashout my money and store a small amount of bitcoin .

[deisik]

We are currently experiencing price drops for bitcoin I guess that's the effect of coming August 1 maybe more price drops but we should not panic and sell our bitcoin though it's not clear what would be the effect of August 1st, still bitcoin will not disappear or will be valued that low. better hold on your bitcoin and wait for the price to increase I believe it's still worth in investing to bitcoin.

The Price drop is due to people misconception on how when the hardfork is implemented it will drive the price down and the possibility of a split which i doubt is going to happen, The price seems to be recuperating after a horrid weekend and am so glad about that. I am loosing some money but i will continue to hold it will be worth it certainly.

I don't think we could call that "misconception", at least, not yet

To tell the truth, we basically don't know how things are going to develop these days, and what you consider as misconception may in fact turn out to be as a wise decision after all. If the split happens and the price crashes, would you accept that it was you who were misinterpreting the current train of events? Market always fools the majority of traders in the long run or in the end, but that doesn't mean that this majority is necessarily wrong every time. Otherwise, you could just go against the crowd and reap profits every now and then

[magmar]

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.

We should not panic and sell our bitcoins or buy more bitcoins due to unclear results from that upcoming date. But to be sure let us take some safety measures and that is to split our investments. If you have 10 bitcoins on your wallet or on the exchanges the most safest way is to convert half of your saved bitcoins on your wallet to fiat currency while the remaining just save it on your wallet. This kind of strategy will lessen the risk of what is about to happen. If there is a pump on the value of bitcoins then you still have btc on your wallet and you will still profit. If the value of bitcoin will drop tremendously you have your fiat currency that you can use to buy bitcoins at its lowest value.

Yes it's true, we should stay calm and do not panic in this kind of situation. Just trust and hold bitcoins at will now be destroyed that easily. After this event bitcoins will be back to it's price again. Don't be so greedy when it becomes to this business at takes a lots of patience and perseverance to be successful in this business. Business is always like this, going up or down.

[LeGaulois]

Still not sure what I am planning to do yet. Maybe converting 50% in another crypto, no matter which and see how the thing goes after August 1, and the other half keep as it is. I still have some Bitcoin in an exchange, I am going to move this to a wallet and keep the private key. Hope things will good in a good way for Bitcoin, fingers crossed

[onrise]

For me and my household we will continue to hold our bitcoin because we believe that even if there is going to be split by 1st August with time the market value of Bitcoin will increase to our take profit level. Selling at this time is a lost to me so I will continue to hold.

Very smart decision making on your behalf. Selling would be an extreme loss of opportunity indeed. I hope bitcoin won't split at all but whatever happens I still believe in bitcoin.

Selling at this point as market are trend downwards in coming time. So you get more better opportunity later to buy at a lower rate rather than holding at present. You can make money when it goes down and even if it does not get split.

[Bitcoin_Delivery]

Many ways to face on the 1st of August. By liquefying your btc or saving. Otherwise it can be converted to another altcoin. In this case i exchange btc to eth. Because the prospect is good and can also to invest in ico

[Denker]

Still not sure what I am planning to do yet. Maybe converting 50% in another crypto, no matter wich and see how thing goes after Auguts 1, and the other half keep  as it is. I still have some Bitcoin in an exchange, I am going to move this to a wallet and keep the private key. Hope things will good in a good way for Bitcoin, fingers crossed

Nothing big will happen. SegWit will get activated smoothly and that's it. All the drama we saw the last days and probably the next few was just created to maximize profits of the big guys, miners and exchanges.
Bitmain and it's other pools tweeted out that from now on they running SegWit2x Software. Just check their twitter.
Other pools signaled BIP91. So no big drama will happen.Imo there is no reason why should diverse half of your BTC in altcoins.

[RajaJudi]

Hold your coin and your private key. Do not sell your bitcoin unless you are a good trader. I have a strong feeling that segwit2x will succeed and the price of bitcoin will return to normal. People always love bitcoin and they are doing their best to make bitcoin stronger and stronger.

[maeusi]

I think, there will not much happen on August, 1st. Maybe later. But for worst case I put my coins from Exchangers to my wallet and have more than one cryptocurrency.