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Author Topic: Will you sell your BitcoinCash on August 1st if there is a HF?  (Read 2606 times)
junan1
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July 24, 2017, 09:05:34 AM
 #61

I'll be glad to see a version of Bitcoin Unlimited with BitcoinCash support.  There's still a lot to check and I certainly wouldn't expose large amounts of bitcoin to this implementation until many incident-free months have passed,

While I keep the bulk of my funds in Armory, my Armory is in turn dependent upon Bitcoin Unlimited. Last version I installed was before the DoS attacks / bug reveals. Back in December. It's been working just fine. I've not lost a single satoshi.

That's good to hear.  Thank you jbreher.

Do you have an independent strategy for SegWit or will you adopt Bitcoin Unlimited's strategy by default?
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Cryptiko
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July 24, 2017, 09:15:12 AM
 #62

I'm worried if I start moving around ANY fork of BTC right after, I'll mess up somehow and lose the bitcoin chain I want to keep.

I'll sit on what I have at least a few weeks, and let bolder people pursue that.
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July 24, 2017, 09:19:19 AM
 #63

I will most definitely not sell by bitcoin, no matter what happens on August 1 and however the segwit goes. If it happens or not, bitcoin still be a valuable, usable and a future dominating currency. So I'll be holding on quite tightly to my coins.

I mostly support you because there is no point of panic selling because what every the people hear Bitcoin will stay here for long. Bitcoin has the stability to dominate all other currency and the price of Bitcoin will increase after August.

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jbreher
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July 24, 2017, 03:47:42 PM
 #64

I'll be glad to see a version of Bitcoin Unlimited with BitcoinCash support.  There's still a lot to check and I certainly wouldn't expose large amounts of bitcoin to this implementation until many incident-free months have passed,

While I keep the bulk of my funds in Armory, my Armory is in turn dependent upon Bitcoin Unlimited. Last version I installed was before the DoS attacks / bug reveals. Back in December. It's been working just fine. I've not lost a single satoshi.

That's good to hear.  Thank you jbreher.

Do you have an independent strategy for SegWit or will you adopt Bitcoin Unlimited's strategy by default?

Strategy development is ongoing - there are changes in the space daily.

My default approach is just to hodl. This would be with the overwhelming majority of my BTC. After the fork, I'll have both BTC and an equivalent amount of BCC in my possession.

I currently have a small percentage of my BTC on an exchange that does not as of yet recognize BCC, and have made a 'no plans to do so' announcement. Still trying to figure out what to do about that. I'm looking for a US-Friendly, reliable exchange that will honor BCC. If I can find one, I'll move all my trading BTC to that exchange before Aug 1. Otherwise, I may pull them on the 31st, or I might just trade through the period of mayhem. With my trading strategy, volatility is my friend. And I expect lots of volatility between now and mid-Aug.

Lastly, I am looking for US-accessible BCC futures. If Americans were allowed on ViaBTC, I'd be buying some. If not, there will be plenty of opportunity to trade after the split. I'm still working things out, but I am likely to trade a significant fraction of my BTC for BCC. I expect a favorable price ratio right off the bat. And approximate-price-parity -- perhaps even a flippening -- before a year goes by.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
nejibens
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July 24, 2017, 03:50:48 PM
 #65

No, I will not sell my bitcoins in this date, even if the price drop down for some time, because i believe the price will increase again highly in the future, so i prefer holding the coins for long period.
JNiks_ZLisa
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July 24, 2017, 03:54:48 PM
 #66

Hard fork inevitable, soft fork impossible.
Why? That's why: https://bitcointalk.org/index.php?topic=2007635.0
junan1
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July 24, 2017, 04:55:26 PM
 #67

I'll be glad to see a version of Bitcoin Unlimited with BitcoinCash support.  There's still a lot to check and I certainly wouldn't expose large amounts of bitcoin to this implementation until many incident-free months have passed,

While I keep the bulk of my funds in Armory, my Armory is in turn dependent upon Bitcoin Unlimited. Last version I installed was before the DoS attacks / bug reveals. Back in December. It's been working just fine. I've not lost a single satoshi.

That's good to hear.  Thank you jbreher.

Do you have an independent strategy for SegWit or will you adopt Bitcoin Unlimited's strategy by default?

Strategy development is ongoing - there are changes in the space daily.

My default approach is just to hodl. This would be with the overwhelming majority of my BTC. After the fork, I'll have both BTC and an equivalent amount of BCC in my possession.

I currently have a small percentage of my BTC on an exchange that does not as of yet recognize BCC, and have made a 'no plans to do so' announcement. Still trying to figure out what to do about that. I'm looking for a US-Friendly, reliable exchange that will honor BCC. If I can find one, I'll move all my trading BTC to that exchange before Aug 1. Otherwise, I may pull them on the 31st, or I might just trade through the period of mayhem. With my trading strategy, volatility is my friend. And I expect lots of volatility between now and mid-Aug.

Lastly, I am looking for US-accessible BCC futures. If Americans were allowed on ViaBTC, I'd be buying some. If not, there will be plenty of opportunity to trade after the split. I'm still working things out, but I am likely to trade a significant fraction of my BTC for BCC. I expect a favorable price ratio right off the bat. And approximate-price-parity -- perhaps even a flippening -- before a year goes by.

Thank you for the details.

If you do decide to move coins on the 31st I hope you don't get caught up in a rush pressuring the hot wallets of exchanges or blocked by temporary deposit/withdrawal freezes.

Good luck!
boris singer
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July 24, 2017, 06:02:31 PM
 #68

I will most definitely not sell by bitcoin, no matter what happens on August 1 and however the segwit goes. If it happens or not, bitcoin still be a valuable, usable and a future dominating currency. So I'll be holding on quite tightly to my coins.

I mostly support you because there is no point of panic selling because what every the people hear Bitcoin will stay here for long. Bitcoin has the stability to dominate all other currency and the price of Bitcoin will increase after August.

I have sold most of my bitcoin for the possibility of facing the worst situation with assumption that I keep monitoring and see the latest possibility after August 1st, I will continue to look for gap and momentum to buy because bitcoin will surely skyrocket, panic or not panic is relative due to growth bitcoin trend is currently degenerating.
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July 25, 2017, 09:08:28 AM
 #69

i have seen lots of article videos about harbdfor segwit 2.0 implementation some bitcoin i already converted to alt coins like ether , Waves  planning buy some more after once things settle down i will decide to come back .
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