Quote from: layoutph on July 22, 2017, 10:55:02 AM

Hi, few days before August 1 , expect the bitcoin to dump. As many will sell their Bitcoins to altcoins to secure their Bitcoin value from any possible coin split.

Buy Bitcoin after August 1.

Regarding ETHs, invest only in small amount. I believe whales would dump ETH more as its chart says.

Quote from: makkie on July 21, 2017, 02:17:28 PM

Hello all,

I'm new to this and have started learning about the characteristics of bitcoin, how to mine it and the pros and cons of it. Although I have learnt the basics of mining, I personally don't plan on doing it as simply put I do not have the resources to do so. So rather than mining, I am looking into purchasing BTC through localbitcoins then transferring it to my Electrum wallet.

My questions are: (some of these have been answered in older threads but I just want to be reassured please)
- Would you advise on purchasing BTC now before August 1st?
- Is it advisable to use Electrum to store the coins? I have encrypted it and written my seed on paper.
- Would you say, in your opinion, ETH would be a good investment?

I only plan on purchasing a small amount of BTC (3-4) to start with.

If you have any books (or articles) you'd like to share that'd be a good read, please do share!

Thanks,
Makkie

Interesting is the fact that a week ago Bitcoin fell by 400 or 500 dollars. And today again rose to a fairly good level of $ 2,770.