Quote from: JorisK on July 28, 2017, 07:22:20 PM

Quote from: neurotypical on July 28, 2017, 06:20:53 PM

Quote from: feranenem12345 on July 28, 2017, 06:01:26 PM

Am I the only one who is under the impression that the price of bitcoin will plummet before day 1 or soon after?
This bitcoin fall to 2400 and the climb up to where it is now get me the impression that the whales are piling up to dump everything before day one.

Also I'm seeing a lot of people wanting to save the bitcoin for the first day thinking that Bitcoin Cash will be worth the same as the bitcoin or that at least they will make good money with it. They are not even realizing how this will devalue bitcoin.

Segwit is locked in, that's what you need to consider. Segwit is inherently bullish except for the conspiracy theorists that claim Segwit is a mistake and could create a DAO type situation within bitcoin because of the transaction format. I think this is exaggerated FUD.

Once we clear out the BCC nonsense, the price will go up. If you buy before August 1st, you will have both BTC and BCC, so you can always dump BCC for free BTC and in case BTC price goes down against the dollar, you still get more BTC. Consider that.

I think you can even neglect the BCC bullsh*t. What really matters is 'will Segwit activate?'. Because miners can signal what they want, but if for example F2Pool stops signaling during the signal period there will be no Segwit at the end of August, as they need 95%.

Keep in mind how reliable miners are.

Once Segwit IS activated, that's when the real party starts imho.

Just think about the game theory involved in miners backing out. We have 100% of miners signaling for BIP91-BIP141, the thought of them backing out would be devastating for them. The community would hate them for life, only the /r/btc nutjobs would think the miners are heroes, the rest of the community will hate them and their reputation is pretty much at all time lows perpetually.

Let them do something stupid and just watch the consequences.