Post
Topic
Board Bitcoin Discussion
Re: Afraid of August One?
by
CarnagexD
on 21/07/2017, 16:29:08 UTC
We are already in July and August 1 is coming...the day when Segwit would start signalling for all and what will happen after this date is something many fear of. Will there be a split and what will happen on the split?

I have already read some assurance that at the current rate things are doing, the possibility for a split is getting remote. Maybe the overarching interest of all stakeholders has already dawned to many.
This is very simple thing , you should think that lot of amount of the Bitcoin are hold by the owner of the Bitcoin , so what will happ if the network of the blockchain will face problem , I mean we don't need to worry much about this , and instead of this some preacuation should be taken by us .
1) Before 1 August transfer your all Bitcoin at the blockchain wallet .
2) If you have Bitcoin then transfer only Bitcoin to your address of blockchain also  .
3) don't make transaction like things from any of the Bitcoin wallet .
4) Make backup of your wallet of the blockchain before the 1 August  .
If you will do these things , then I don't think that you need to worry anything ways , because you are in official ways and platform and nothing is problem in the official wallets Wink
The thing is we really do not need to panic and to be afraid on what will happen on Bitcoin this coming August. First Bitcoin had established its price and past in the market. So as we all know Bitcoin is quite capable on dealing on such problems. It is just better of we are going to take action or in other term ready ourselves for the possibility of changes. But no need to worry and to be afraid because it is just a part of a sure development. Just continue to support and to have faith on Bitcoins development and progress.