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Author Topic: Where to trade on August 1  (Read 1722 times)
sexcoyote
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July 27, 2017, 10:24:47 AM
 #21

put your coins to cold wallet and don't trade 2-3 days.
go holiday, you won't die if you don't trade 2 days.  Grin
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July 27, 2017, 07:36:47 PM
 #22

To be clear, I want to be able to exchange ETH for BTC on August 1st.

Gdax states no withdrawls or deposits, and potentially suspend trading. What about using shapeshift or polo to do exchanges? If there is a big delay is the rate at time of execution guaranteed? I am willing put a few coins in more than 1 exchange to increase my chances of success. I'm hoping for a dip in BTC and bump in ETH and then BTC settles at a higher value after a few days.
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July 27, 2017, 09:40:28 PM
 #23

Like others are mentioning, I would go with Bittrex, safe bet

put your coins to cold wallet and don't trade 2-3 days.
go holiday, you won't die if you don't trade 2 days.  Grin

LOL yeah so true. exactly my opinion. I am not going to do anything for a week personally. I will just sit here and watch what's going on. Following twitter feed and watch the panic and conspiracy
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July 27, 2017, 10:00:10 PM
 #24

Like others are mentioning, I would go with Bittrex, safe bet

put your coins to cold wallet and don't trade 2-3 days.
go holiday, you won't die if you don't trade 2 days.  Grin

LOL yeah so true. exactly my opinion. I am not going to do anything for a week personally. I will just sit here and watch what's going on. Following twitter feed and watch the panic and conspiracy

Lol good one. But anyway I also think August 1 is not really a big dip on bitcoin as segwit will continue and bitcoin cash is just like a big airdrop on bitcoin holders. I think livecoin is considering bitcoin cash so maybe it is good to put your btc there.
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July 27, 2017, 10:02:42 PM
 #25

To be clear, I want to be able to exchange ETH for BTC on August 1st.

Gdax states no withdrawls or deposits, and potentially suspend trading. What about using shapeshift or polo to do exchanges? If there is a big delay is the rate at time of execution guaranteed? I am willing put a few coins in more than 1 exchange to increase my chances of success. I'm hoping for a dip in BTC and bump in ETH and then BTC settles at a higher value after a few days.

I think all bitcoin transactions will be problematic or pending on august 1st and this only applies to bitcoin only, maybe all markets also close all transactions in full on the same day. I'm just like you, waiting for right momentum because the market will move very quickly when everythings clear.
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July 27, 2017, 10:03:28 PM
 #26

To be clear, I want to be able to exchange ETH for BTC on August 1st.

Gdax states no withdrawls or deposits, and potentially suspend trading. What about using shapeshift or polo to do exchanges? If there is a big delay is the rate at time of execution guaranteed? I am willing put a few coins in more than 1 exchange to increase my chances of success. I'm hoping for a dip in BTC and bump in ETH and then BTC settles at a higher value after a few days.

There has been many dips in the last week, up/down by several hundred $$. There has been some good opportunity to buy cheap imo already.

Unfortunately I think there is any market that will trade btc on August 1st. Have you thought about setting some orders before this date in which you predict what will happen to the value when the markets open? (need lots of luck there)

Personally I will lock up all of my btc & alts for the first week of August and forget about trading, although I admit it will be very tempting to the opposite.  
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July 28, 2017, 01:49:00 AM
 #27

To be clear, I want to be able to exchange ETH for BTC on August 1st.

Gdax states no withdrawls or deposits, and potentially suspend trading. What about using shapeshift or polo to do exchanges? If there is a big delay is the rate at time of execution guaranteed? I am willing put a few coins in more than 1 exchange to increase my chances of success. I'm hoping for a dip in BTC and bump in ETH and then BTC settles at a higher value after a few days.

There has been many dips in the last week, up/down by several hundred $$. There has been some good opportunity to buy cheap imo already.

Unfortunately I think there is any market that will trade btc on August 1st. Have you thought about setting some orders before this date in which you predict what will happen to the value when the markets open? (need lots of luck there)

Personally I will lock up all of my btc & alts for the first week of August and forget about trading, although I admit it will be very tempting to the opposite.  
i have converted some of my btc intoour fiat, but i will just keep my alts as it is and will just let August 1passed by, i hope everything will be fine and we can continue our works successfully.

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July 28, 2017, 03:28:50 AM
 #28

Do not play with your bitcoin or cryptocurrency just hold it for long term because it is not that easy to make money while you are playing because your predictions are not 100% sure and sometimes the market will have a very huge dump on its prices and it maybe make you regret so if you will just hold it for long term then you can easily make money and you don't need to worry about the happenings in august 1.

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July 28, 2017, 03:46:18 AM
 #29

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?

I don't plan to do some trades prior to August 1. It's advisable that let the dust be settled first before doing some handy transactions by that time. Just control your emotion and don't be one of those people that are panicking or ready to panic on that date. Be patient and assuming let 12 hours on that day pass before trading.



 

 

 

 

 

 


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July 28, 2017, 12:36:09 PM
 #30

You should stop trading temporarily, maybe a few days to see the situation. Many traders do the same.
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July 28, 2017, 01:42:40 PM
 #31

To be clear, I want to be able to exchange ETH for BTC on August 1st.

Gdax states no withdrawls or deposits, and potentially suspend trading. What about using shapeshift or polo to do exchanges? If there is a big delay is the rate at time of execution guaranteed? I am willing put a few coins in more than 1 exchange to increase my chances of success. I'm hoping for a dip in BTC and bump in ETH and then BTC settles at a higher value after a few days.

There has been many dips in the last week, up/down by several hundred $$. There has been some good opportunity to buy cheap imo already.

Unfortunately I think there is any market that will trade btc on August 1st. Have you thought about setting some orders before this date in which you predict what will happen to the value when the markets open? (need lots of luck there)

Personally I will lock up all of my btc & alts for the first week of August and forget about trading, although I admit it will be very tempting to the opposite.  

Yes I want to put in some limit orders now, but not sure which platform will be working. Most say they will shutdown withdrawal and deposit, but not sure about trades or exchanges. Ideally I'd do it with a USD wallet and pick up some BTC, but will also enter some orders on other Alts.
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July 28, 2017, 01:53:50 PM
 #32

Virtually all major exchange sites will suspend activities few hours before and after the August 1 implementation. While others will start early, others will wait till the market stabilizes. But my advice is that anyone who is eager to make jumbo profit in this event should be careful not to lose your coins to sites that promises to be active during this periods but not trustworthy as the former. For me, I would rather wait for worthy exchange sites and to gamble the hard earned coins.
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July 28, 2017, 02:48:59 PM
 #33

put your coins to cold wallet and don't trade 2-3 days.
go holiday, you won't die if you don't trade 2 days.  Grin
Hold it is the best way to do since when August 1 the hardfork is running and you may not be able to withdraw or deposit your Bitcoin to other address to avoid unwanted thing might be happen and we don't know about altcoin's price when August 1, look at them first and then think about it.

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July 28, 2017, 03:07:52 PM
 #34

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?
BIttrex is proven and tested for a couple of years, if I am going to choose between Poloniex or Bittrex, I would rather choose Bittrex because for now this is the main exchange platform where I am using it since I started here.
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July 28, 2017, 03:56:02 PM
 #35

Virtually all major exchange sites will suspend activities few hours before and after the August 1 implementation. While others will start early, others will wait till the market stabilizes. But my advice is that anyone who is eager to make jumbo profit in this event should be careful not to lose your coins to sites that promises to be active during this periods but not trustworthy as the former. For me, I would rather wait for worthy exchange sites and to gamble the hard earned coins.

Exchanges suspending their trading activities temporarily are doing the right thing, which basically gives people no incentive to keep any sort of Bitcoin value on whatever exchange. Exchanges that at first glance aren't planning to halt trading, might be reversing trades at some later point. In that regard, people should carefully think through everything before they put their coins at risk due to their greed. Aside from the greed people are dealing with, they also suffer from laziness. They rather leave their coins in an online wallet service, for the sake of easiness, than downloading a desktop client where they as sole owner have access to their private keys. But as always, people only learn at the time things cost them big time.
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July 28, 2017, 04:38:15 PM
 #36

put your coins to cold wallet and don't trade 2-3 days.
go holiday, you won't die if you don't trade 2 days.  Grin

Maybe it's a good idea to go on holiday a few days when the fork invades

segwit will continue and bitcoin cash is just like a big airdrop on bitcoin holders
So will this continue and how long will this segwit end?I thought this only lasted a few days,this takes time

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July 28, 2017, 09:28:40 PM
 #37

put your coins to cold wallet and don't trade 2-3 days.
go holiday, you won't die if you don't trade 2 days.  Grin

Maybe it's a good idea to go on holiday a few days when the fork invades

segwit will continue and bitcoin cash is just like a big airdrop on bitcoin holders
So will this continue and how long will this segwit end?I thought this only lasted a few days,this takes time

How much I musun aunt of today's situation, then I do not think that there will be some excitement of the markets kriptovalyut. The fact is that the largest wave of fluctuations occurred already you me weeks earlier. Therefore, today we should already expect a more stable course despite August 1.
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July 28, 2017, 10:35:42 PM
 #38

this is what kraken emailed me today:

"We have posted an important announcement on our blog about the “Bitcoin Cash” (BCH) hard fork that will happen on August 1. Everyone should read the complete post, but here are a few highlights from the post:

Kraken plans to support BCH on our platform for funding and trading in the pairs BCH/XBT, BCH/USD, BCH/EUR
Clients holding Bitcoin (XBT) balances at the time of the fork will be credited with an equal amount of Bitcoin Cash (BCH) - e.g. 1 XBT will result in 1 XBT + 1 BCH
Clients borrowing Bitcoin (XBT) for margin positions at the time of the fork will be debited an equal amount of Bitcoin Cash (BCH) - e.g. if you borrow 1 XBT you must pay back 1 XBT + 1 BCH
Margin traders should read the blog post carefully to understand the added risk and how margin trading will work across the fork
The BCH fork is planned for 12:20 pm UTC on August 1
Bitcoin (XBT) funding will be halted at 11 am UTC and resumed sometime after the fork when it is safe to do so
Trading will continue across the fork, but we may need to halt trading briefly around the time of the fork so we can adjust balances and add pairs"

here is the link to the blog:

http://blog.kraken.com/post/1150/bitcoin-cash-and-a-critical-alert-for-bitcoin-margin-traders/

hope being helpfull Smiley
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July 28, 2017, 10:42:43 PM
 #39

Well I'm putting my funds on bittrex and will dump bcc for some of fresh btc and some of my favorite altcoins the first minute that I can.

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July 28, 2017, 11:33:57 PM
 #40

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?

I currently use poloniex and have had no problems with it, but I've never used kraken so I can't say anything about it. I am probably not going to trade bitcoins at all on August 1 just to be safe. I may wait a couple of days to resume my trading.

 
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