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RE: Where Would be the Best place to put Bitcoin prior to 1st August ? ANSWERS
I might be wrong, I closed my 2 trades I had today in a positive, but all trades closed, waiting to see what will happen.
I might be wrong, I closed my 2 trades I had today in a positive, but all trades closed, waiting to see what will happen.
trades will close until 29th July I think on most exchanges but it looks like there's a drop to convert coin into BTC to put in private wallets.. baiting the nets, so to speak
THE BIG TEST OF THE WHOLE SYSTEM
This could end up a big test for the whole ecosystem and the likes of coinbase, localbitcoins and the exchanges, bittrex, poloniex, yobit, etc ! how will they respond to splitting coins or will they just ignore a fork ?
EXODUS
The exhanges could empty out this week as people go a bit MAD & transfer coins back into local wallets to take advantage of the* bitcoin cash* windfall, which could actually amount to a nice bonus for btc holders or zilch.. because everyone will immediately try to sell them for real bitcoins, rendering them cheap as tallow (that's animal fat & pretty cheap, I think.)
###NEW KID ON THE BLOCK ?
potentially causing a close to zero price.. in which case, bitcoin cash might be worth scooping up as the new $0.1 replacement for the previous ETHEREUM rush.
Ethereum is still sky high
Anyone who bought Ethereum at $10 won't be too bothered it's hobbling around the $150 mark.. those who bought in at $275 will be crying into their hats and those who were thinking of getting involved have probably shat themselves and bought shares in an electricity company instead !! the new kid of bitcoin cash could potentially magic up billions of new virtual cash overnight. I'm kind of excited to see what happens ! it's all a bit bonkers
someone has to start an electronic dance music art called BIP91 !