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RE: August 1st Bitcoin Hard Fork - Segwit2X / So, what will happen on Aug 1st 2017?
"In the case of a chain split there’s a big chance that bitcoin will lose its value however."
FUD!!! ;)
"In the case of a chain split there’s a big chance that bitcoin will lose its value however."
FUD!!! ;)
yeah a split is the worst case for everyone who owns BTC. Thats why the price will not increase until 1st August. As most investors are scared about a split. I bought some Litecoins as a insurance , because I think if Bitcoin fails , Litecoin will profit the most of that. So case1: no split: I make profi because BTC price will climb again case2: split: my Litcoins will make up the loss from my Bitcoins.
On long term charts it is even not watchable such dips.... technically I know of course what is going on.