Simple two questions, any advice as to whether to be concerned to either transfer the coins to a hard wallet from Coinbase prior to the Aug 1st or not really needed?
2nd, is this Aug 1st situation going to kill the value of Bitcoin?
Just like with other "fork" dates before it, there is a very low chance that there is going to be anything happening on August 1st and everything will continue on as normal unless something is decided, and if something
is decided, then there will be instructions for what to do when it happens.
Just like with Segwit and BU unlimited, neither have been activated despite a few target dates and nothing has changed, yet.