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/biz/ - Business & Finance

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2790960 No.2790960 [Reply] [Original]

can anyone explain what is going to happen on August 1st in Layman's terms for us literal sub 100 IQ retards

>> No.2790981

Nothing, anon. Nothing at all.

Just buy the dips at every $100 under $1800

When it hits $1700, buy a bunch of BTC
When it hits $1600, buy a bunch of BTC
When it hits $1500, buy a bunch of BTC

If it gets lower than that, buy even more. It will truly pay off at the end of the year when BTC is worth $4k - $5k

>> No.2791016

>>2790981
Why are you sure of this? Also a noob investor here.

>> No.2791029

Bitcoin go boom.

>> No.2791032

>>2791016
There's overwhelming support for Segwit2x from miners- ~90% and that excludes Slush's pool, which didn't give people the option to signal for it.

Every indication that the protocol will be rapidly implemented when it comes online 7/21.

>> No.2791043

>>2790960
Basically you're going to waste all of your money, the price will shoot down, you'll panic sell to try and save your money, then it will slowly climb back up as you post several threads a day on /biz/ involving pink wojaks and excessive use of caps lock.

>> No.2791044

>>2791016
https://www.youtube.com/watch?v=XbZ8zDpX2Mg

>> No.2791098

>>2791044
I'm asking why you're sure it will be worth 4-5k inside of 5 months.

>> No.2791108

>>2791098
video-related...

>> No.2791109

>>2791043
Don't forget guns and ropes

>> No.2791124

Nothing at all is going to happen. It's all fake news. Stop worrying about it and stock up now. Something tells me August1st BTC may skyrocket. Potentially above 4K like Sachs was saying. To push those out of crypto even further. There will be no split.

>> No.2791125

>>2791044
All I see from that video is that it goes up after a crashes.

>> No.2791134

>>2790981
>When
>When
>When

if

>> No.2791136

>>2791124
>Something tells me August1st BTC may skyrocket
I hope you're right but in case the fork gains ground so we have 2 BTC's, then we have a bit of a problem because 21MM suddenly become 42MM and I feel that it wouldn't bode well for wider adoption regarding BTC's role as cryptogold

>> No.2791159
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2791159

>>2791134
Trust me, it's a when.

Don't worry, anon. You can only lose if you sell. Buy the dips.

>> No.2791522

People are taking their money out because of uncertainty about Aug 1. Market cap has dropped 40% in the last few weeks, and tether is practically a top 10 coin.

After the fork, if nothing catastrophic happens, expect to see that 40% creep back in again