Post
Topic
Board Bitcoin Discussion
Re: Afraid of August One?
by
Victorycoin
on 09/07/2017, 12:36:41 UTC
Im on the decision of taking profit right now and convert my btc into fiat because i am really afraid of august 1, but after reading all the post here i am convince that many people here are being optimistic and see bitcoin will surely rise after the said downfall, and now i realized that the bip148 will surely helps us to make the fees low and for a faster transaction.
well ups and downs are a part of the market and as it is trading so anything can happen but there are also predictions and checking. So some recent predictions and surveys shows that on august 1st the price is gonna hit a higher price, its not a sure thing neither is the opposite case. This is just what I saw in articles and discussions, hope for the best and prepare for the worst. Its trading, anything is possible.

There will be two different Bitcoins after 1st of August.?
Which one would be good and which one bad ?
No in the event of a split, there will be just one Bitcoin and an altcoin. We know Bitcoin has always been a survivor, so there is really nothing to freak about, just be sure to be in full control of your coins by holding the private keys and all will be well. Won't be a surprise if price dips a bit about that time on account of panic sell off, but that would simply present us an opportunity to buy Bitcoin at cheaper rate again.