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Author Topic: What will happen to Bitcoin after August 1st?  (Read 2055 times)
hassanabid (OP)
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July 16, 2017, 05:32:05 PM
 #1

What will happen to Bitcoin after August 1st?
Due to all news what do you think?

The good news is that each bitcoin would effectively be copied to both chains. If you hold bitcoin right now, you will hold both 148 BTC and Legacy BTC after the split.

The bad news is that this coin-split can be messy and risky. And if you’re not careful, you could lose funds.
First off, be aware that a chain-split create a high-risk situation. There is a chance that some sort of cyber-battle will break out between the two camps, perhaps even escalating to the point where bitcoin’s exchange rate(s) drops sharply, possibly to zero. Make absolutely sure you are not holding more value in bitcoin than what you are willing to lose.

If you do decide to hold onto your bitcoins, the single most important piece of advice is this: Ensure that you control your own private keys.
atago
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July 16, 2017, 05:46:29 PM
 #2

Right now, i Don't think anyone really know what will happen and the markets are showing this. But in Crypto every hour u get more information as the Chart works in some kind of prediction Market.
hassanabid (OP)
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July 16, 2017, 06:43:54 PM
 #3

i am talkign about the agreement, will it be accpeted and bitcoins will split?
klarki
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July 16, 2017, 07:52:54 PM
 #4

An agreement will not be reached. Therein lies all the unpredictability.

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Metros
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July 16, 2017, 07:55:57 PM
 #5

I think that soft fork will lead to drastic rise on crypto market.

Hard fork will lead to slow rise..

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July 16, 2017, 07:56:20 PM
 #6

if there's a hardfork, the price may dip then will soar for the combined blockchains. If there's no hardfork, the price will go crazy to regain $3000 I believe.

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wahb
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July 16, 2017, 10:55:03 PM
 #7

if there's a hardfork, the price may dip then will soar for the combined blockchains. If there's no hardfork, the price will go crazy to regain $3000 I believe.
currently no one has any idea that what is going on with bitcoiin, everyone eye is on 1st august, to me i think after 1st August the price of bitcoin is going to increase more and more. i am sure that even hardfork will not effect the price of bitcoin. because bitcoin has a full support of the people and investors and therefore bitcoin is still trading in a reasonable price and i am sure that it will continue increasing for a long time.
Sarah08
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July 16, 2017, 11:14:36 PM
 #8

if there's a hardfork, the price may dip then will soar for the combined blockchains. If there's no hardfork, the price will go crazy to regain $3000 I believe.
I guess it is not just about pumping it is true that in august the bitcoin could reach that price in the market if the segwit was sucessfyl like what happened in litecoin but it could also be the opposite so it could also be a great dump in the market .
TheGodFather
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July 16, 2017, 11:20:02 PM
 #9

What will happen to Bitcoin after August 1st?
Due to all news what do you think?

The good news is that each bitcoin would effectively be copied to both chains. If you hold bitcoin right now, you will hold both 148 BTC and Legacy BTC after the split.

The bad news is that this coin-split can be messy and risky. And if you’re not careful, you could lose funds.
First off, be aware that a chain-split create a high-risk situation. There is a chance that some sort of cyber-battle will break out between the two camps, perhaps even escalating to the point where bitcoin’s exchange rate(s) drops sharply, possibly to zero. Make absolutely sure you are not holding more value in bitcoin than what you are willing to lose.

If you do decide to hold onto your bitcoins, the single most important piece of advice is this: Ensure that you control your own private keys.
There will be no bad for aug 1 i will believes it. I believe that in aug 1 bitcoin will be go higher and higher. And it will be also good for us. I will hold it now. Im just taking my risk and also i will be ready for it. Lets hope for the good in aug 1. Lets pray for it nothing will be impossible. It will go higher i believe.
hassanabid (OP)
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July 17, 2017, 11:22:55 AM
 #10

yes make hopes higher Cheesy
hassanabid (OP)
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July 17, 2017, 11:24:01 AM
 #11

if there's a hardfork, the price may dip then will soar for the combined blockchains. If there's no hardfork, the price will go crazy to regain $3000 I believe.
I guess it is not just about pumping it is true that in august the bitcoin could reach that price in the market if the segwit was sucessfyl like what happened in litecoin but it could also be the opposite so it could also be a great dump in the market .

yes sure we cant say anything right now , just don't be so greedy Cheesy
hassanabid (OP)
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July 17, 2017, 11:26:42 AM
 #12

if there's a hardfork, the price may dip then will soar for the combined blockchains. If there's no hardfork, the price will go crazy to regain $3000 I believe.
currently no one has any idea that what is going on with bitcoiin, everyone eye is on 1st august, to me i think after 1st August the price of bitcoin is going to increase more and more. i am sure that even hardfork will not effect the price of bitcoin. because bitcoin has a full support of the people and investors and therefore bitcoin is still trading in a reasonable price and i am sure that it will continue increasing for a long time.

so far bitcoins prices are fluctuating very fast
atago
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July 18, 2017, 09:17:25 AM
 #13

If you wanna stay safe just keep your corn on a wallet you Control the keys till August 17.
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July 18, 2017, 09:21:58 AM
 #14

Bitcoin will remain as it is. It may experience some changes. But its popularity and adaptatio to many countries will lead bitcoin to soar higher. It is natural to go down sometimes and regain its worth.

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July 18, 2017, 09:37:31 AM
 #15

Nothing will happen with bitcoin. You can not even doubt it. Perhaps the miners will experience some difficulties, but situations without an exit does not happen. I am sure that they too will find the solution in order not to lose interest in the service transaction.
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July 18, 2017, 12:12:17 PM
 #16

I believe bitcoin will be stronger in terms of value after 1st August meeting because the right decision for bitcoin growth and expansion will be taken at the meeting. Although there might be a decline in the market value of Bitcoin just as we are seeing now as a result of fear of the unknown. But I believe bitcoin will be stronger in terms of value more than what we are experiencing now.
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July 18, 2017, 12:14:28 PM
 #17

I think the price will go up, and then go down again.


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July 18, 2017, 12:24:27 PM
 #18

Have all answers about Aug 1.
Easy topic:
https://bitcointalk.org/index.php?topic=2007635.msg19988238#msg19988238
Complex topic:
https://bitcointalk.org/index.php?topic=2018878.msg20119234#msg20119234

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July 18, 2017, 12:36:26 PM
 #19

Do you guys think BTC will drop again? I sold some of my bitcoins from 2.1 and I wanna buy again from dip Sad
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July 18, 2017, 12:55:49 PM
 #20

We couldn't know for sure yet.
It's really unpredictable.
Anything could happens and lots of possibilities.
The price might go up to the moon or the other way round.
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