August 1 is near

[links]

Market analysts have come up with different factors to be behind this significant decline in Bitcoin and altcoin price. Ironically, this comes immediately after the G20 summit in Hamburg where reference was made to digital currency as an important technology in the global economic transition.

Also of note is that the community is nearing an important date of August 1 when Bitcoin is expected to make its most crucial decision since creation. Certain groups have also attributed this decline in price to technical factors lifted from the study of price charts, making predictions based on historical market behavior.

Whatever the reason, the fact remains that the crypto market keeps getting more traction as the days go by. The numerous activities taking place within the industry since the beginning of 2017 must be considered if the prevalent market volatility is to be analyzed properly.

[Minecache]

August the 2nd is too.

[hubballi]

Every one is persuming that Bitcoin hard fork result will be same just like ETH had his hardfork and it failed and the price went down to 90% below it and it took so much time to reach back its high price. So Bitcoin will also fell down first and then their will be rise.

Now everyone is just waiting for August 1 till then their wont be any major activity with bitcoin

[Abricotier]

Every one is persuming that Bitcoin hard fork result will be same just like ETH had his hardfork and it failed and the price went down to 90% below it and it took so much time to reach back its high price. So Bitcoin will also fell down first and then their will be rise.

Now everyone is just waiting for August 1 till then their wont be any major activity with bitcoin

So until August 1st there will not be any movement, but do you have an idea of what will happen at this moment ? I am starting to gather positions of people to know what to do until then.

[Minecache]

Every one is persuming that Bitcoin hard fork result will be same just like ETH had his hardfork and it failed and the price went down to 90% below it and it took so much time to reach back its high price. So Bitcoin will also fell down first and then their will be rise.

Now everyone is just waiting for August 1 till then their wont be any major activity with bitcoin

So until August 1st there will not be any movement, but do you have an idea of what will happen at this moment ? I am starting to gather positions of people to know what to do until then.

Are you a day trader? Why do you need to gather peoples positions to know what to do until then? Just hodl and forget about it.

[bitbunnny]

August the 2nd is too.

Ha, ha, so true!  
Why I have the feeling that people just can't live without constant need for panic and disaster scenarios? And no one realy knows what will happen (if anything) on August 1, so far just unconfirmed information and speculatuin. Just relax people, please and stop spreading panic with no reason!

[AiWanChu]

if btc gets the segwit right we might see a bull run on btc and alts from aug to the end of this year

[Bitsbytes]

If the price drops it will only be temporary, If that happens it will be an excellent buying opportunity.

[coolcoinz]

August the 2nd is too.

Ha, ha, so true!  
Why I have the feeling that people just can't live without constant need for panic and disaster scenarios? And no one realy knows what will happen (if anything) on August 1, so far just unconfirmed information and speculatuin. Just relax people, please and stop spreading panic with no reason!

I always laugh when people talk about a market decline, crash, end of Bitcoin and other, when none of these things are happening.
It works like this:
Bitcoin grows, breaking ATH and doubling its value in just a couple months, then it loses 10% in a correction. What is the result? Suddenly nobody can remember how much they earned, that it just gained 100%. All they see is that -10%.

[audaciousbeing]

Market analysts have come up with different factors to be behind this significant decline in Bitcoin and altcoin price. Ironically, this comes immediately after the G20 summit in Hamburg where reference was made to digital currency as an important technology in the global economic transition.

Also of note is that the community is nearing an important date of August 1 when Bitcoin is expected to make its most crucial decision since creation. Certain groups have also attributed this decline in price to technical factors lifted from the study of price charts, making predictions based on historical market behavior.

Whatever the reason, the fact remains that the crypto market keeps getting more traction as the days go by. The numerous activities taking place within the industry since the beginning of 2017 must be considered if the prevalent market volatility is to be analyzed properly.

Like I have always maintained, August 1 will come and go but we will still be standing tall and all the prophets of doom will be put to shame but this is backed by the level of confidence everyone is exhibiting at this day which is encouraging couple with the various news from other quarters and all these is only pointing to one direction which is that bitcoin is getting to grow independently and be neutral of any news that will shook some other alts to the basis.

[jonpande]

Every one is persuming that Bitcoin hard fork result will be same just like ETH had his hardfork and it failed and the price went down to 90% below it and it took so much time to reach back its high price. So Bitcoin will also fell down first and then their will be rise.

Now everyone is just waiting for August 1 till then their wont be any major activity with bitcoin

I agree with your statement, this event only lasted 1 day on 1 August. The most important point of all of this, now all people throughout the world know bitcoin and use them as the easiest transaction in daily life

[ebliever]

There are going to be many things happening between now and August 1, and after August 1, that will rock Bitcoin's price:

https://bitcoinmagazine.com/articles/countdown-segwit-these-are-dates-keep-eye/

SW2X testing is underway now and the results pro and con already making waves. Expect bigger shocks in late July, particularly if the anti-Segwit crowd has the strength to yank SW signaling under 80% when it counts. They could be shamming right now with the signaling being done for SW2X to encourage complacency.

[TravelMug]

Every one is persuming that Bitcoin hard fork result will be same just like ETH had his hardfork and it failed and the price went down to 90% below it and it took so much time to reach back its high price. So Bitcoin will also fell down first and then their will be rise.

Now everyone is just waiting for August 1 till then their wont be any major activity with bitcoin

I agree with your statement, this event only lasted 1 day on 1 August. The most important point of all of this, now all people throughout the world know bitcoin and use them as the easiest transaction in daily life

Yes, all eyes will surely be in the crypto world come Aug 1. However, the day will just past by. It may impact the price, but what we should look is how the price could recovered. I believed that it will rise after everything has settled down. Casual investors will go back to bitcoin and will invest on it making the price of bitcoin to rise again after Aug 1.

[BCTBF]

Yes, all eyes will surely be in the crypto world come Aug 1. However, the day will just past by. It may impact the price, but what we should look is how the price could recovered. I believed that it will rise after everything has settled down. Casual investors will go back to bitcoin and will invest on it making the price of bitcoin to rise again after Aug 1.

This will definitely have an impact on bitcoin prices, everyone would expect nothing bad to happen with bitcoin. I'm still sure the implementation of segwit2x will have a good impact on bitcoins.

[Oceat]

Every one is persuming that Bitcoin hard fork result will be same just like ETH had his hardfork and it failed and the price went down to 90% below it and it took so much time to reach back its high price. So Bitcoin will also fell down first and then their will be rise.

Now everyone is just waiting for August 1 till then their wont be any major activity with bitcoin

I agree with your statement, this event only lasted 1 day on 1 August. The most important point of all of this, now all people throughout the world know bitcoin and use them as the easiest transaction in daily life

I am expecting more users to be active in that day i hope the bitcoin will not create a lot of traffic. I am still doubtful about of what will gonna happen at that day is it the bitcoin will going up or is it going to down for some correction or maybe it will still remain the same. Anyway August 1st is too far to be more excited about, there's a lot of things you can before that time will come.

[Milan944]

Can't wait :O

[Bagaji]

A lot of speculation are on. Some are of the believe that the market value of Bitcoin will decline if eventually the break up take place. While some are of the believe that even though if the meeting turn out negative the effect on bitcoin price will just be temporal and that by September it will bounce back.

[TopherB]

August the 2nd is too.

Ha, ha, so true!  
Why I have the feeling that people just can't live without constant need for panic and disaster scenarios? And no one realy knows what will happen (if anything) on August 1, so far just unconfirmed information and speculatuin. Just relax people, please and stop spreading panic with no reason!

I always laugh when people talk about a market decline, crash, end of Bitcoin and other, when none of these things are happening.
It works like this:
Bitcoin grows, breaking ATH and doubling its value in just a couple months, then it loses 10% in a correction. What is the result? Suddenly nobody can remember how much they earned, that it just gained 100%. All they see is that -10%.

My grandfather had a saying that always stuck with me: "No one ever lost money taking a profit."
You might lose potential profit but that isn't a real thing. My original investment is long out. Several reinvestments later, also removed. But I have plenty of coin in play. Saved my skin when we collapsed last time as I had sold half at a $1000. Bought back at $500 and watched it drop to $250. Bought back in then too but getting nervous I was chasing a dead horse and then the bounce back. Smaller moves as we bounced up and down $100 like clockwork for awhile. Then the big jump. Sold half at a $1000. Stung when it hit $2000 and I sold half. Half again at $3000. Then the correction and back in some at $2500. Lost a lot of potential profit. Locked in a lot of real profit. If we do get a plunge I'll be buying in all the way down and selling half at each $1000. And sleeping like a baby.

If I "jest held" I'd have a fraction of what I have. Even if I chase myself to the ground or halve myself out on the way to the moon... no regrets, a nice retirement and a hell of a ride.

[CuriousInvestor]

Not sure if Augst 1 is the most important date here as we will know whether or not Segwit is locked in by End of July.

[haroldtee]

August 1 is just a day that will come and pass just like any other day. I honestly do not know why a lot of people are panicking because of this date. Worst that would happen is for bitcoin''s value to drip hugely and I believe that isn't even the end of the world.  Which ever way the hard fork wants to take place, its after effect is what only tomorrow can tell.