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Author Topic: If I buy bitcoin today, afte 1 August what is my bitcoin chain?  (Read 483 times)
facenew111 (OP)
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July 20, 2017, 05:51:47 AM
 #1

If I buy bitcoin today, after 1 August it will be bitcoin classic, right?

I seen many bitcoin split. and I do not know if I buy today. after 1 August then what is my bitcoin chain?

>Bitcoin XT
>Bitcoin Classic
>Bitcoin Unlimited
>Bitcoin ABC
>Bitcoin Cash

I understand that it will be bitcoin classic, Am I correct?

thank you.
ViceOfBTC21
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July 20, 2017, 06:02:40 AM
 #2

In all chains that will fork after 1 August.
facenew111 (OP)
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July 20, 2017, 06:05:29 AM
 #3

In all chains that will fork after 1 August.

I still don't understand because when we buy it we just see BTC so I am confuse that If I buy today or before 1 August \
then after 1 August what is my bitcoin chain.

bitcoin unlimited

or

bitcoin classic
crazyivan
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July 20, 2017, 06:19:32 AM
 #4

There will no fork after Aug 1. So if you buy BTC now, your BTC will be on the only BTC chain there will be. If there would be another chain, it ll get obliterated in a few weeks cause nobody would mine on it.

SO STOP SPREADING FUD. There re tons of threads here about this issue and I repeat for 55th time, there will be no fork since current SegWit2x support is almost 90% and even Roger Ver will switch to Bip91 once he figures out his ideas re shit and he cannot control BTC.

Pls, it s so simply. If you buy/own BTC, just move them to a local (NOT ONLINE) wallet and keep them there till Aug 1 passes. By Aug 5, it should be safe to transact again and all this fuzz will be behind us. At least behind people who were not stupid enough to sell their BTC for $1800.

Good luck.

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BTCLovingDude
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July 20, 2017, 06:54:50 AM
 #5

I seen many bitcoin split.

you are looking but not seeing.
these things you listed here are not "bitcoin splits" these are bitcoin "proposals". there can be a thousands of them and there are many actually available, but them existing doesn't mean bitcoin will split just because they exist.

on top of that the chances of bitcoin splitting is very small. because first of all bitcoin is too big to split, there is a lot of money at risk. not just money of investors holding bitcoin but the money that miners invested in their mining farms and equipment and all the contracts they have such as contract with electricity companies and all the bills they have to pay....

secondly majority of bitcoin ecosystem is supporting 1 thing and 1 thing only. and when majority is behind 1 thing there won't be another chain.

--looking for signature--
TTITA
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July 20, 2017, 07:20:45 AM
 #6

There will no fork after Aug 1. So if you buy BTC now, your BTC will be on the only BTC chain there will be. If there would be another chain, it ll get obliterated in a few weeks cause nobody would mine on it.

SO STOP SPREADING FUD. There re tons of threads here about this issue and I repeat for 55th time, there will be no fork since current SegWit2x support is almost 90% and even Roger Ver will switch to Bip91 once he figures out his ideas re shit and he cannot control BTC.

Pls, it s so simply. If you buy/own BTC, just move them to a local (NOT ONLINE) wallet and keep them there till Aug 1 passes. By Aug 5, it should be safe to transact again and all this fuzz will be behind us. At least behind people who were not stupid enough to sell their BTC for $1800.

Good luck.
yes this is good information
many people worried about buying btc before 1 august, it doesn't make sense with any improvement issue facing, that we should worried in buying.
vanluan
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July 20, 2017, 01:24:23 PM
 #7

I used all my bitcoin to buy eth  Grin Grin
d1ceplayer
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July 30, 2017, 07:25:28 PM
 #8

I used all my bitcoin to buy eth  Grin Grin
That’s really sad! I am really feeling sorry for you if you have sold your all bitcoins just for useless eth. Bitcoins are on way to go main stream by having huge values and after the implementation of Segwit, prices will increase even further. If you really don’t want to be the unlucky person, sell your eths and buy as much bitcoins as you can to have your share in the grand reward.
bncbnc
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July 30, 2017, 11:53:49 PM
Last edit: August 03, 2017, 02:43:11 AM by bncbnc
 #9

I used all my bitcoin to buy eth  Grin Grin
That’s really sad! I am really feeling sorry for you if you have sold your all bitcoins just for useless eth. Bitcoins are on way to go main stream by having huge values and after the implementation of Segwit, prices will increase even further. If you really don’t want to be the unlucky person, sell your eths and buy as much bitcoins as you can to have your share in the grand reward.
I think everyone has their own choice and if  a person feel worry about holding bitcoin then he should sell it on time. but still my suggestion will be to hold bitcoin for some time and hope  that our investment will be double. because it is expected that the price of bitcoin will easily cross 5000$ and so it will turn our investment as double.

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feiss
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July 31, 2017, 12:00:25 AM
 #10

If I buy bitcoin today, after 1 August it will be bitcoin classic, right?

I seen many bitcoin split. and I do not know if I buy today. after 1 August then what is my bitcoin chain?

>Bitcoin XT
>Bitcoin Classic
>Bitcoin Unlimited
>Bitcoin ABC
>Bitcoin Cash

I understand that it will be bitcoin classic, Am I correct?

thank you.
As what I've read on the article about bitcoin, bitcoin will split into two. The transaction related to bitcoin wasn't available and will lose your bitcoin. Don't try to transact within 24 hours before August 1 which is today, if I'm not mistaken. Hold your bitcoin with private key wallet to avoid losing your bitcoin. Exchange your bitcoin in a safe wallet. Some of us will misunderstood of what will happen tomorrow.

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