Will Bitcoin split on 1 Aug down Altcoin
As we all know that the bitcoin split effect crypto market . on 1st august bitcoin split into BTC xyz (i.e. bitcoin cash, bitcoin unlimited). From last two days bitcoin chart constantly at $2700 around.
As my opinion bitcoin split not effect the bitcoin price. All investors still focus on bitcoin thats it played still well from when 21 july segwit first stage locked BIP 91 but now finally bitcoin in hard fork stage.
But all we guys know that all altcoin effect whenver bitcoin prices changed in market . so at the end it good sign that the bitcoin price is stable that effect positive in market and vice-versa in after 1st August other coin perform well.
What do you think guys the above thought is meanfull or not n i m glad if you all put your thought in comment about market through which people in trading know the best and make profit.
I think it will effect BTC price, wether that means going up or down, it will make a large move, I think up.
Yes you are right it big move By the way bitcoin is king in market
Hi there, I have written something about the story behind the "fork" on 1st Aug. Would you have a read and give me an upvote if you find it helpful? Thanks a lot. https://steemit.com/steemit/@joyochung/the-war-behind-btc-and-bcc-and-how-you-make-money-out-of-it