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RE: Bitcoin - BUY BUY BUY - Big Rise Incoming
I didn’t expect anything else from you:P
So what’s with the Aug 1st? Its significance eludes me. I mean you said that exchanges might be frozen around that date, but why is that so?
Offline storage is e.g. Openledger, correct?
There have been scaling issues with Bitcoin for a long time. So various groups have their own ideas on how they want Bitcoin to go in future. If they cannot agree there will be a Fork. If you leave your Bitcoin on an Exchange that could possibly leave you at a loss , should they decide to uptake the wrong path of the split. You are then letting them decide what to invest your Bitcoin in.
Here a simple (ish) !! Explanation.
http://www.coindesk.com/short-guide-bitcoin-forks-explained/
All I would advise is if you have Bitcoin get it into offline storage. I will be making a guide shortly on how to do this.
Oh I know what HF is:P Just didnt know BTC is nearing one! Good to know. See you in your tutorial then!:)