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Author Topic: Fear Of August 1st  (Read 4677 times)
PauloRod
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July 22, 2017, 04:16:01 PM
 #21

who said when bitcoin price fall all alternative coins also become cheaper ?

Nobody said, but it happens allways. When BTC is UP, alcoins are going down. When BTC is DOWN, altcoins are going also down. It's like Ground-hog Day, always same tings happens  Grin
MiXxe
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July 22, 2017, 04:43:21 PM
 #22

On the 18th of July, after the market  hqd taken a plunge two days earlier, this was the picture on my trading desk. Looking at the picture and then the possibility of a split into 2 - 4 Bitcoin coins, what was going to be your decision? Do you think those indicators have anything to add in reaching a trading decision? In between when this shot was taken and now, market have moved from $2300 to Over $2700 and most likely testing $3000 before 1st of August!


I don't know what you wanna say but i will answer the question regarding decision . For me i will still hold my bitcoins after all i save it in hardwallet and some converted into other coins .One thing i know bitcoins will go more than $3000 and it may hit upon after a successful fork .The moving up these days show only that bitcoins is unstappable and many uses it to earn .

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July 22, 2017, 04:58:52 PM
 #23

Currently you don't need to be fear. BIP91 is getting more and more supports >90%. And in case of hark-fork being avoided, the price will be to the moon. But just as a security precaution, transfer all BTC to address you have full control of. Then in a case of split, you will request both coins Cheesy
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July 23, 2017, 01:21:09 AM
 #24

there is no end of carnival, please hold your bit coin, and if possible, buy more cheap .

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July 23, 2017, 10:09:25 AM
 #25

there is no end of carnival, please hold your bit coin, and if possible, buy more cheap .

It still is dependent on the demand of people whether the price would shoot up or plummet. And with btc's popularity now i don't think we need to worry about anything major his coming aug1. Relax and we'll all be ok amd never panic sell.


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vankinhluan
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July 23, 2017, 10:29:15 AM
 #26

I think the bitcoin will collapse after August 1st

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July 23, 2017, 10:45:24 AM
 #27

BIP91 activated and lock-in, we just need waiting result from this Soft Fork for decivision buy or sell Bitcoin in next time. In my opinion, maybe have some bad news about BIP91 lock-in failure when processing and make the price of Bitcoin crash in short time, but it will recovery soon
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July 23, 2017, 02:16:53 PM
 #28

BIP91 activated and lock-in, we just need waiting result from this Soft Fork for decivision buy or sell Bitcoin in next time. In my opinion, maybe have some bad news about BIP91 lock-in failure when processing and make the price of Bitcoin crash in short time, but it will recovery soon
This question I also have maybe within this weekend we will get one more price crash in Bitcoin. This is a just expectation it may fall or may not be. But after that, the price must increase. The exchanges are buying our coins $150 less price to compare present price I don't know why and what their intention.
TomUyamot
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July 23, 2017, 02:29:08 PM
 #29

I do trust segwit. Why so worry about August 1? Just sell all your Bitcoin to any shitcoin you like. Then rebuy it at the dip after August 1. Instant money.

Trade your worry to profit Wink

Here's what I think. There will be no more price dip after August 1. The dip is over at least for now and next month and the next month also. When the SegWit2x was already reached, the price was already recovering as the fears were all assured to be just without basis. I think the next round of this same problem will still reoccur in 2018. I hope not though.
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July 23, 2017, 08:54:52 PM
 #30

We have seeing all that supposed happen by August 1st. The fear of the unknown outcome of 1st August meeting is over and there's no more panic of any kind about whether bitcoin will split or not. Now everyone who was able to hold and who bought bitcoin when the price was around  $1900 are all counting their profit and those who sell out of panic are yet to recover.
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July 23, 2017, 09:59:24 PM
 #31

We have seeing all that supposed happen by August 1st. The fear of the unknown outcome of 1st August meeting is over and there's no more panic of any kind about whether bitcoin will split or not. Now everyone who was able to hold and who bought bitcoin when the price was around  $1900 are all counting their profit and those who sell out of panic are yet to recover.


BIP91 ACTIVATED! Non-SegWit signaling blocks will be orphaned. With the signaling, mining pools nearly unanimously rallied behind the proposal, and BIP 91, designed partly to avoid a potential bitcoin split in the network, emerged as the first major step in following the roadmap.
So I think there's no need to panic and fear Aug 1. As the looming bitcoin split are averted. Although we still need to be cautious come that date. I personally believed that bitcoin price will not dip that much and it will still above $2000 which is still a good price for bitcoin.

I think the bitcoin will collapse after August 1st


Just wow. The level of FUD waves here in the forum is so funny indeed. Newbie predicting the bitcoin to collapse without any basis. Purely lies and just FUD.

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bitbob82
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July 23, 2017, 10:25:33 PM
 #32

BIP91 activated and lock-in, we just need waiting result from this Soft Fork for decivision buy or sell Bitcoin in next time. In my opinion, maybe have some bad news about BIP91 lock-in failure when processing and make the price of Bitcoin crash in short time, but it will recovery soon
This question I also have maybe within this weekend we will get one more price crash in Bitcoin. This is a just expectation it may fall or may not be. But after that, the price must increase. The exchanges are buying our coins $150 less price to compare present price I don't know why and what their intention.
i do not think that the price of bitcoin will fell down anymore.i think now we can only expect that the price of bitcoin will continue increase and there will be not such downfall in the price of bitcoin, in fact people are now too much confident about the price of bitcoin and therefore they are not selling their bitcoin any more and are still continue to buy it.
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July 23, 2017, 11:30:26 PM
 #33

BIP91 activated and lock-in, we just need waiting result from this Soft Fork for decivision buy or sell Bitcoin in next time. In my opinion, maybe have some bad news about BIP91 lock-in failure when processing and make the price of Bitcoin crash in short time, but it will recovery soon
This question I also have maybe within this weekend we will get one more price crash in Bitcoin. This is a just expectation it may fall or may not be. But after that, the price must increase. The exchanges are buying our coins $150 less price to compare present price I don't know why and what their intention.
i do not think that the price of bitcoin will fell down anymore.i think now we can only expect that the price of bitcoin will continue increase and there will be not such downfall in the price of bitcoin, in fact people are now too much confident about the price of bitcoin and therefore they are not selling their bitcoin any more and are still continue to buy it.
Not if the possibility for a split in the network is still lurking in the background. The core developers are going along with their proposal for UASF come August 1st and that clearly shows the storm isn't over yet. Best to be cautious with buying especially as the date draws nearer.
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July 23, 2017, 11:34:58 PM
 #34

BIP91 activated and lock-in, we just need waiting result from this Soft Fork for decivision buy or sell Bitcoin in next time. In my opinion, maybe have some bad news about BIP91 lock-in failure when processing and make the price of Bitcoin crash in short time, but it will recovery soon
This question I also have maybe within this weekend we will get one more price crash in Bitcoin. This is a just expectation it may fall or may not be. But after that, the price must increase. The exchanges are buying our coins $150 less price to compare present price I don't know why and what their intention.
i do not think that the price of bitcoin will fell down anymore.i think now we can only expect that the price of bitcoin will continue increase and there will be not such downfall in the price of bitcoin, in fact people are now too much confident about the price of bitcoin and therefore they are not selling their bitcoin any more and are still continue to buy it.
Because there is an announcement regarding the bitcoin scaling. I mean the fact that majority of miners have voted for the bip91 to decrease the possibility of the split. I mean there are some people thought that the possibility of the split in September. The chart has told anything for us regarding the market condition of bitcoin itself.


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July 23, 2017, 11:42:07 PM
 #35

On the 18th of July, after the market  hqd taken a plunge two days earlier, this was the picture on my trading desk. Looking at the picture and then the possibility of a split into 2 - 4 Bitcoin coins, what was going to be your decision? Do you think those indicators have anything to add in reaching a trading decision? In between when this shot was taken and now, market have moved from $2300 to Over $2700 and most likely testing $3000 before 1st of August!



Fear has been gone Buy NoW !! Enjoy Happy trading .. as i knew it before that it will not Split . because Segwit will umbrella on bitcoin  Wink
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July 23, 2017, 11:48:05 PM
 #36

Although there will not be a split, I think that many people remain unaware of this or are still afraid of the possibility of a split, so I'm expecting to see a drop in the market shortly prior to 1 August.

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July 23, 2017, 11:51:42 PM
 #37

BIP91 activated and lock-in, we just need waiting result from this Soft Fork for decivision buy or sell Bitcoin in next time. In my opinion, maybe have some bad news about BIP91 lock-in failure when processing and make the price of Bitcoin crash in short time, but it will recovery soon
This question I also have maybe within this weekend we will get one more price crash in Bitcoin. This is a just expectation it may fall or may not be. But after that, the price must increase. The exchanges are buying our coins $150 less price to compare present price I don't know why and what their intention.
i do not think that the price of bitcoin will fell down anymore.i think now we can only expect that the price of bitcoin will continue increase and there will be not such downfall in the price of bitcoin, in fact people are now too much confident about the price of bitcoin and therefore they are not selling their bitcoin any more and are still continue to buy it.
Not if the possibility for a split in the network is still lurking in the background. The core developers are going along with their proposal for UASF come August 1st and that clearly shows the storm isn't over yet. Best to be cautious with buying especially as the date draws nearer.

Just another speculation to shake the market I guess, bitcoin core said this or that because they want everyone to be prepared.
I'm sure, bitcoin will facing problem on August 1st, but as stated before, do not transact using bitcoin within 24-48 hours on that day.
Everyone who in trading business should see it as a chance to buy cheaper coins due to if bitcoin price drop back, altcoins are following to decline as well.
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July 24, 2017, 12:34:35 AM
 #38

I don't think there is anything to "Fear." Just be smart with your coin-- keep it in a hardware wallet/something you have complete control of. I think Bitcoin will rise in value just prior to Aug. 1, then on Aug. 1, we will see a slight increase for around 2 hours after everything happens, and then a drop that will recover over the following weeks. But that's just my speculated guess, and probably completely wrong.
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July 24, 2017, 03:28:01 AM
 #39

i'm just trying to Buy Altcoin with BTC and waiting for 1 august. after Segwit2x i will start again my trading.....
That is same with me, i have bought ethereum and just hold small amount of bitcoins wait for the activation segwit, but Bitcoin users have kept a close eye on the BIP91 lock-in period. This lock-in has now been secured with relative ease. However, there is no reason to get your hopes up just yet, as this lock-in period means nothing until things change on the network itself.
Here interesting an article about the activation, https://themerkle.com/bip91-lock-in-does-not-guarantee-a-swift-segwit-activation-on-the-bitcoin-network/amp/
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July 25, 2017, 12:11:35 PM
 #40

I was not fear on August 1 because I think there's nothing change after separation of bitcoin and segwit because I believe that bitcoin were still stand even without segwit. Moreover there's a new opportunity to the investors to take the position of segwit.
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