Incoming Bitcoin Soft-Fork & Hard-Fork August 1st EXPLAINED: Buy, Sell, or HODL?

in #bitcoin7 years ago

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Solid article. Thanks for bringing this to my attention. There's a lot of exchanges out there. I found that coinmarketcap.com gives quite a decent overview. An interesting website I found: https://www.coincheckup.com Since I use this site I make so much less basic investment mistakes. Check for example: https://www.coincheckup.com/coins/Bitcoin#analysis To watch Bitcoin Detailed report

This is a Great Explanation about what Hardforks are all about! Must be shared, keep this up man, you're so resourceful! I feel smart watching your Videos

I understand the frustration of the in-fighting that's going on with the Bitcoin realm but I think finally we're going to get an answer on which direction Bitcoin is going. This is what's great about UASF-SegWit deployment people are picking a side and we'll see who is stronger and if we can stand unified with the dominate chain. I hold both Bitcoin and Ethereum so it's not the end of the world if Bitcoin gets a black eye for a bit. Let's not forget about Ethereum/Classic you could argue Ethereum got stronger as a result.

Always wondered this. Thanks for the great analysis and info.

Thanks Crypto for the good explanation!

I am not a big fan of Bitcoin. It will be interesting to see how the fork would impact other cryptocurrencies.

Always great content! Keep it up!!!

What are your thoughts on the fork benefiting other coins, as people may get nervous of not know exactly what will happen they may invest in other cryptos? I wrote a post about it here https://steemit.com/cryptocurrency/@wvm/why-ethereum-may-rise-in-the-coming-weeks (this isn't spam, I am genuinely interested in knowing people's opinions) I feel as though the coin to benefit most is Ethereum but think other coins will benefit as well. Weeks leading to August 1st could be a huge breakout for a lot of coins

Great point, forget about it and in 5 years this won't even matter..!

Im guessing its a play on hold-the-door hodor?

I'm scared I'm not going to lie. I'm trying really hard to not be impulsive atm and get emotional.

Thanks! You've given a great run down of this 'forking' process. Thanks for sharing your insights. Great advice - stay or go, but just decide and get it over with. Me? Don't know....

Very interesting!! What people is concerned is about what happened with etc. Classic etc has very low value... :) But if we own de private keys of our funds, we'll get both coins (both forks)...

Bitcoin will go to $10,000 after Segwit activation. Segwit is going to happen and the HF will most likely follow. Even if split, market will gravitate to Segwit chain as the real Bitcoin. Miners would have to be fools not to activate Segwit then HF =win win. The ones who don't will lose big! I have turned extremely bullish on Bitcoin again. Price will go to moon over this. Now I am light on ETH. Made a killing in ETH and still hold some for the right ICO's. Hopefully ETH pulls back to $200 again or $150 would be better ;-) but if it don't I still have some for that Trillion market cap one day. I can't wait to see what happens to Zencash. Thanks again, for your Crypto news. 2017 will be a year we never forget.

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UPVOTING MADNESS ! ULTRA ULTRA ULTRA .....COMBO.......Killer Instinct!!!
ANON WISH NO FORK!!!

Your videos are always great. This brings to mind a question: How will I access each version of my coins if/when a hard fork takes place. Will my wallet handle it for me? Will I just wake up and my wallet has my amount of BTC now in both BTC and BTC classic? Thanks