Bitcoin SegWit Update On August 1st (YOU NEED TO MOVE YOUR COINS TO AN OFFLINE WALLET!!!)
Bitcoin's going through an update on August 1st, it'll either be a soft fork or a hard fork. SegWit needs more signals from miners to get fully approved and ready to go, and if it doesn't and some decide to switch anyways then that'll cause everything to split.
There will be 2 versions of Bitcoin, just like Ethereum came out with Ethereum Classic. Bitcoin Unlimited (Bitcoin ABC) and Bitcoin Core. This will rock the prices.. so definitely check out the links below and stay safe. I'd hold your bitcoins in an offline wallet while everything settles through, and I definitely wouldn't trade or send/receive around the time of the updates!
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LINKS
Bitcoin Update Links
https://bitcointalk.org/index.php?topic=2017191.0
http://www.trustnodes.com/2017/07/12/bitcoins-segwit-nearing-50-segwit2x-nearly-unanimous
https://bitcoinmagazine.com/articles/bitcoin-miners-miss-first-bip-148-deadline/
https://www.reddit.com/r/Bitcoin/comments/6dfz0y/bip_148_the_beginners_guide_to_a_user_activated/
http://www.trustnodes.com/2017/07/15/bitcoin-will-hardfork-big-blockers-will-chain-split-meet-bitcoinabc
https://cointelegraph.com/explained/segwit-explained
http://segwit.co/
https://blockchain.info/charts/bip-9-segwit
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would it be a good idea to invest in steem since the price is low atm?
Agree, keep the BTC on a paper wallet, but for a simple reason: IF there is the split and you keep the BTC into an exchange you may end up with only one and not with both...
80% of the farmers are happy with the upgrade, they are testing the Beta and that's the reason why the market is up again today... The market will be fine, the price will be fine, your BTC are going to be fine....
^agree
Resteemed!
such a ruff time for everyone. Nice read keep it up!
wow.
Speculations ! . Never put more then you are able to loose on a exchange :-)
Is this already officially declared?
Not at all, most likely the split will be just for a short period of time if there will be a split.... Ethereum split because of the DAO's Hack, here the split is just for an adoption of a new mining software which basically everybody wants.... Don't follow the FOMO...
Way to keep us fans updated on this stuff. Some of us are too lazy to follow our investments xD
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