Quote from: francisthecrusher on June 15, 2017, 11:10:45 AM

Quote from: Herbert2020 on June 11, 2017, 08:33:25 AM

Quote from: francisthecrusher on June 11, 2017, 07:05:52 AM

With segwit activation on august 1st, I think a split is almost certainly going to happen.

what SegWit activation on August 1st?! there is only BIP 148 UASF currently on that date which won't activate SegWit unless it gets enough support and we don't know if it gains enough of it or not right now.
also you don't know what you are talking about when you say "split is certain" as i said we don't know anything right now.

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I remember the first time I heard about a possible hard fork a few years ago, it freaked me out and I dumped all my coins.

i'm sorry to be forward but you did a dumb move because so far there has never been enough possibility for a risky hard fork which was worth dumping coins for!
next time do some proper research before panic selling.

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I imagine there are a lot of people who have recently invested who are now at the same level of education I was at back then and they will be dumping out their coins.

what you imagine is wrong because price has been rising so far! and it is staying above $2800 with a pretty solid buy support.

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So the price will probably drop quite a lot over the next 8 weeks, but the question is when and how much?

no the question is why you are assuming bitcoin price will drop and think you are correct specially after claiming yourself that you made a big mistake before about another hard fork which never happened!

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I'm deciding between holding my coins, or selling them now and waiting for the dump then buying back even more.

if you think there is a dump then why even ask us? sell and buy back in the dip.
if it really dropped you make a good profit and if it didn't you will lose a lot of money like the last time you panic sold.

Yeah, well it dropped from 2800 to 2300 just now and it looks like it's going to keep going. I might be wrong no the technical details, but I'm right that the recent investors are panicking.

Maybe you can explain exactly what is happening on August 1 then?

Traders are taking profits on all platforms right now. Just looking at the blood, a new proposed regulation or law or something like that was recently made that severely hurts all "monetary instruments" and makes BTC a monetary instrument in the US and apparently all other crypto (something to do with all transfers over 10K$ USD and 5 years in jail). Weak hands dropping out quick, support is still strong so the dip is going to be weak. The legislation probably won't pass, so nothing big to worry about.