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Author Topic: Where to trade on August 1  (Read 1730 times)
spacedoodoopistols (OP)
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July 26, 2017, 07:45:24 PM
 #1

I'm a hodler both BTC and ETH, but do want to take advantage of any panic that goes down on August 1st. Am thinking about putting a few ETH and BTC into Polo or Kraken to trade day of. Anyone else planning similar? Regardless what happens there is an opportunity. Personally I believe BTC will be fine and am only planning on playing with a relatively small amount on that day. I just havent figured out where or what to trade on that day.

Thoughts?
sid3bysid3
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July 26, 2017, 07:56:27 PM
 #2

I'd like to know too which is the best exchange to trade with. I think being the first one adding BCC will make a big difference.
woas4
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July 26, 2017, 08:03:57 PM
 #3

I'd like to know too which is the best exchange to trade with. I think being the first one adding BCC will make a big difference.

Expect the exchanges to release public presses regarding the possible fork, just like what happened during the whole ethereum/ethereum classic debacle. In the next few hours/days we'll know where each exchange stands and their plans for Aug 1st.

I'd recommend waiting a bit and not start trading right away on aug 1st as the swings will be huuuge

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July 26, 2017, 08:08:56 PM
 #4

Only one exchange: BITTREX. BITTREX do support the segwit and provides the comfortable situation for the customers and they have also claimed that all of their customers are allowed to hold bitcoin and bcc after first of august

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sid3bysid3
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July 26, 2017, 08:12:49 PM
 #5

Only one exchange: BITTREX. BITTREX do support the segwit and provides the comfortable situation for the customers and they have also claimed that all of their customers are allowed to hold bitcoin and bcc after first of august

Ok, but will be BCC trade open or just deposit?
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July 26, 2017, 08:18:27 PM
 #6

I think Bittrex is the best choice on August 1 like other times . As far I as know they have token all necessary steps to preserve funds on both chains if chain split happen.

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xJuturna
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July 26, 2017, 08:18:53 PM
 #7

BCC availability depends on which exchange you use, but i'm sure most will have it available for trade. I will be going with Polo and I'm very interested to see what the results of this fork will be...
TheFriends
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July 26, 2017, 08:29:54 PM
 #8

I don't think on 1 August there will be panic. If yes, there's a good time to buy some cheap coins.

Maybe you should look at IOTA to investment too!

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JemmaColin
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July 26, 2017, 08:38:09 PM
 #9

I don't think on 1 August there will be panic. If yes, there's a good time to buy some cheap coins.

Maybe you should look at IOTA to investment too!
The fact is that everything that is happening in connection with August 1, will be a very positive moment for those who want to buy crypto currency and in particular Bitcoin at a low price. Such opportunities are rare enough for traders crypto currency. And even I will not miss this moment not to buy. But I'll buy If the price goes down even lower.
investinator
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July 26, 2017, 08:45:39 PM
 #10

August 1 will have the opposite effect of panic, there is consensus by near everyone on using segwit now and the price has crashed down a little bit it seems on the btc-e/mtgox thing which is the perfect opportunity to buy in.
sid3bysid3
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July 26, 2017, 08:48:33 PM
 #11

August 1 will have the opposite effect of panic, there is consensus by near everyone on using segwit now and the price has crashed down a little bit it seems on the btc-e/mtgox thing which is the perfect opportunity to buy in.

Price could go up to 10x like Litecoin, who knows. I don't understand FUD over Segwit2x honestly.
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July 26, 2017, 08:54:59 PM
Last edit: July 26, 2017, 11:33:35 PM by klarki
 #12

I'm a hodler both BTC and ETH, but do want to take advantage of any panic that goes down on August 1st. Am thinking about putting a few ETH and BTC into Polo or Kraken to trade day of. Anyone else planning similar? Regardless what happens there is an opportunity. Personally I believe BTC will be fine and am only planning on playing with a relatively small amount on that day. I just havent figured out where or what to trade on that day.

Thoughts?

Are not you embarrassed by warnings?
https://poloniex.com/press-releases/2017.07.24-Our-plans-to-handle-potential-BTC-network-disruptions/


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JefLiber
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July 26, 2017, 08:59:13 PM
 #13

August 1 will have the opposite effect of panic, there is consensus by near everyone on using segwit now and the price has crashed down a little bit it seems on the btc-e/mtgox thing which is the perfect opportunity to buy in.

Price could go up to 10x like Litecoin, who knows. I don't understand FUD over Segwit2x honestly.
Guys, the main Tranquility and just wait and see what will happen. I think that all of us will be lucky and who will buy it, then it will win as soon as possible.

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July 27, 2017, 03:06:56 AM
 #14

I'm a hodler both BTC and ETH, but do want to take advantage of any panic that goes down on August 1st. Am thinking about putting a few ETH and BTC into Polo or Kraken to trade day of. Anyone else planning similar? Regardless what happens there is an opportunity. Personally I believe BTC will be fine and am only planning on playing with a relatively small amount on that day. I just havent figured out where or what to trade on that day.

Thoughts?
On august 1 you can trade your bitcoin at poloniex Poloniex is an online money trading website that can enable your bitcoin to grow higher in value.In poloniex you cam buy a bitcoin with the less value and you cansell it with a higher value.
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July 27, 2017, 04:41:28 AM
 #15

Only one exchange: BITTREX. BITTREX do support the segwit and provides the comfortable situation for the customers and they have also claimed that all of their customers are allowed to hold bitcoin and bcc after first of august

Ok, but will be BCC trade open or just deposit?

neither of these. and don't get your hopes up. many good exchanges are not going to add BCC pair for trading and some of them won't even credit you, your BCC tokens if you keep coins there. at some point in the future if it can generate enough volume (which is unlikely) they may add the pair to be traded. otherwise they won't bother.

read more here: https://support.bittrex.com/hc/en-us/articles/115000808991

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hovrah
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July 27, 2017, 04:44:53 AM
 #16

I think that on August 1, new trailers are waiting for them, which will have the opportunity to buy bitcoins for another crypto currency at low prices. Already today we observe sharp fluctuations on trading exchanges, and all this because of Panic, which appeared among users of crypto currency. This is a chance for shopping.
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July 27, 2017, 07:31:12 AM
 #17

Definitely Poloniex and Bittrex. But they are going to disable their bitcoin service until that day. So i will do 50/50 this time. 50% on bitcoin and the other 50% is altcoins. Bitcoin rises immediately after the crash. That's very amazing. That's why I'll give my 50% to bitcoin. BCC i think will pump and then crash. So im thinking to buy some of it to.
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July 27, 2017, 07:55:29 AM
 #18

It will not change much after August 1st. Large exchange sites will work normally. They have a qualified team to meet every change. I trust bitstamp, bittrex.
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July 27, 2017, 09:09:25 AM
 #19

I'm a hodler both BTC and ETH, but do want to take advantage of any panic that goes down on August 1st. Am thinking about putting a few ETH and BTC into Polo or Kraken to trade day of. Anyone else planning similar? Regardless what happens there is an opportunity. Personally I believe BTC will be fine and am only planning on playing with a relatively small amount on that day. I just havent figured out where or what to trade on that day.

Thoughts?

There will probably be very little exchanges that are actively trading bitcoin core tokens on 1st August. Maybe bitcoin cash which is the UAHF that is going to get activated by 1st August but there will be at least a few days delay before every exchange resumes deposits and trading.

Thus if you're looking to profit off people panicking then the easiest way to do so is to buy some bitcoin futures. Pretty sure that viabtc and bitmex both have the option, bitmex has leverage as well to your side even though i don't recommend using it. If people were to panic they won't wait till 1st August to sell off their stash but rather well before that date.
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July 27, 2017, 10:21:16 AM
 #20

Only one exchange: BITTREX. BITTREX do support the segwit and provides the comfortable situation for the customers and they have also claimed that all of their customers are allowed to hold bitcoin and bcc after first of august

I think all exchanger same can stop one day deposit and withdraw bitcoin until segwit hardfork finish
same seferal day soft fork BIP91, all exchanger stop depost and withdraw bitcoin until 24 hours

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