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Author Topic: Are you scared to hold until August 1?  (Read 2711 times)
mamaya
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July 11, 2017, 01:03:11 PM
 #21

When August 1 comes and nothing happens I expect a big rally, in fact I think it will come even before because there is still little economic support and no mining support for uasf whatsoever.
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July 11, 2017, 01:04:25 PM
Last edit: July 12, 2017, 02:18:13 PM by pinkflower
 #22

actually i am starting to believe that August 1st will lead to a huge rise. you know why?

because by that date we will have SegWit activated!
majority of the miners are signalling for SegWit at the moment and the rest are not signalling anything and will switch as soon as the date comes and that means a SegWit activation with the biggest support which is nearly 100% (similar to LTC).

then in a couple of months we will have problems about the hard fork and that can cause a split not the August 1st thing.

You mean those miners that have expressed interest in Segwit2x, signalling by signing messages in the blockchain?

Theres one thing I dont understand there. If they really wanted Segwit then why didnt they support the original proposal in BIP141? Is it the promised hard fork to 2mb block sizes 2 months later? Are they sure it will be wise to hasten things like that?
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July 11, 2017, 01:11:03 PM
 #23

My bitcoins are secured and I do not think there is nothing to fear about the above said date. If you are a swing trader, you have to make adjustment. But if you are just a long term holder, I think just keeping your bitcoin safe is enough. It is more on the future rather than the swing in prices that concerns me.
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July 11, 2017, 01:19:23 PM
 #24

i am very scared of today and all the other days until the August 1 and after it because my time is running out and i only have a very limited amount of fiat at hand to buy cheap bitcoin.

for example today is the sadest day of this week for me because i could not buy as much bitcoin at the bottom as i liked to because i didn't have fiat on exchange and the opportunity is already lost.

;(

What is the point of fear in order to fear? If you are afraid and don't want to risk that you will have plenty of time to sell all of your coins. Now the price goes up. At the moment is 2.4 K. I think this week we will see more than 2.6 K. Sell and will not be afraid, I want to hold your coins and don't be afraid. To sit with one ass on two chairs will not work.
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July 11, 2017, 01:24:00 PM
 #25

Long term traders shouldn't be scared to hold until August 1 or beyond. But if you want to take some profit, just don't feel sorry of selling it when the price starts to increase and you sold it lower. Just don't regret what you are going to do. This is crypto currency the market is always moving.

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July 11, 2017, 01:24:09 PM
 #26


We know what will happen with the said date but are you willing to take a risk to hold your Bitcoins or maybe some Altcoins. We are in the 'Red days' for how many weeks now and I think it is because of too many people is scared in what will be the results of Segwit on August 1.

Some of my thoughts in how most of us think.


*I will sell my Bitcoins first then buyback after august 1*

*I will sell my Altcoins because it is nowhere to going up anymore*

There are already other versions (forked) of bitcoin (eg. litecoin, dash and others) why is this so FUDdy for others?

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July 11, 2017, 01:25:45 PM
 #27


We know what will happen with the said date but are you willing to take a risk to hold your Bitcoins or maybe some Altcoins. We are in the 'Red days' for how many weeks now and I think it is because of too many people is scared in what will be the results of Segwit on August 1.

Some of my thoughts in how most of us think.


*I will sell my Bitcoins first then buyback after august 1*

*I will sell my Altcoins because it is nowhere to going up anymore*

Honestly a few days back I was bit paranoid about august 1st but now few days I don't really like to be worried about this anymore it's as simple nothing is going to happen, the hype is over and I would say just hold your coins, do not and I repeat don't use Alt coins, not good at all. Just keep your coins safe with a private key, thats all and if it falls then buy it again. That's all I can suggest you to do.
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July 11, 2017, 02:28:08 PM
 #28

not fear. it's time to bearish moment but it's normal. don't worry be happy guys
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July 11, 2017, 02:31:41 PM
 #29

I was a few weeks ago, but then I realized that there are not enough incentives for miners to do something stupid.

The miners are giving the reasons for bitcoin core protection, I'm not a professional, but I think bitcoin needs some change, at least it needs larger block numbers. There is an indispensable need for bitcoin.
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July 11, 2017, 02:32:57 PM
 #30

I'm not. I will wait to August)
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July 11, 2017, 02:51:39 PM
 #31

I am not at all afraid because we must never forget that there is the technology that Bitcoin represents that is what is most valuable and is integral for the growth of Bitcoin over time. Bitcoin is not just a currency for speculators but an investment tool for technology to advance us further afield.


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July 11, 2017, 03:04:16 PM
 #32

I already tripled my initial fiat investment, so my profits are already taken. The remaining coins that I have now are all paid from the profits that

I made over the years. This risk-free strategy has removed much of the stress that I would have had, if it was my initial investment. This was my

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July 11, 2017, 03:10:47 PM
 #33

Yes I am pretty much scared about august 1st. I can't imagine or I'm not believing what just happened today. The price literally dropped to 2300 dollars that is 500 dollar plus drop in price of bitcoin in one day and this is what the effect of segwit stuff. Don't even know wha the august 1st will bring to us. I'm very much confused about holding of my bitcoins.

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July 11, 2017, 03:21:33 PM
 #34

Yes I am pretty much scared about august 1st. I can't imagine or I'm not believing what just happened today. The price literally dropped to 2300 dollars that is 500 dollar plus drop in price of bitcoin in one day and this is what the effect of segwit stuff. Don't even know wha the august 1st will bring to us. I'm very much confused about holding of my bitcoins.
If it goes down to 2300 USD, how come it be a 500 USD drop? Haven't seen price the price being above 2700 USD in a week.
Was around ~2500 USD. So its like 200 USD drop in a day  not 500 USD.

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July 11, 2017, 03:22:28 PM
 #35

Still.. In general crypto owners are pretty bad with buy&hold, because so many people want to get "rich quick", so obv there's gonna be panic in the next weeks.
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July 11, 2017, 03:55:21 PM
 #36

I was a few weeks ago, but then I realized that there are not enough incentives for miners to do something stupid.

The miners are giving the reasons for bitcoin core protection, I'm not a professional, but I think bitcoin needs some change, at least it needs larger block numbers. There is an indispensable need for bitcoin.
Dude, I think you don't get it.
After we get segwit, bigger blocks become irrelevant.

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July 11, 2017, 04:10:26 PM
 #37

For short term traders, it's really that they are coming at scary position now.

But, for Long term traders, it's no matter cause they have a solid mentality.

It is the Reality of cryptocurrency market.
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July 11, 2017, 04:17:04 PM
 #38

Yes I am pretty much scared about august 1st. I can't imagine or I'm not believing what just happened today. The price literally dropped to 2300 dollars that is 500 dollar plus drop in price of bitcoin in one day and this is what the effect of segwit stuff. Don't even know wha the august 1st will bring to us. I'm very much confused about holding of my bitcoins.
If it goes down to 2300 USD, how come it be a 500 USD drop? Haven't seen price the price being above 2700 USD in a week.
Was around ~2500 USD. So its like 200 USD drop in a day  not 500 USD.

Correct. He is so scared that he totally forgot how to subtract correctly.  Grin. I'm pretty sure that you are already here last March after the ETF decision and there are a significant drop of the price soon. It was a scary moment because bitcoin drop to below $1000. But look how it rebound and even reach $3000 soon. I think this will also be a repeat of it. If it went down after Aug 1, it will soon bounce back and reach you height. So I'm not scared about Aug 1.
Manish331
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July 11, 2017, 04:23:47 PM
 #39

yes

but in the end of this year bitcoin value level up

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July 11, 2017, 05:10:42 PM
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No. I'm not scared. its nothing to worry about 1'st August. keep investing and make profits.
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