Bitcoin forking....after Aug1st what might happen ?

in #bitcoin7 years ago

It seems bitcoin network is almost guarented to split . One is bitcoin and other one is bitcoin cash.

So will it be similar like eth and ethclassic ? it seems it is just in the air, nothing else. actually a fork of bitcoin. I do not think it will be as popular like bitcoin. Actually there is no difference at all . just another alt coin it seems .

Bitcoin whatever it does , it takes market with it. if bicoin crash , then whole market is colapsing. Bitcoin is like a engine , and all other alt are like cars. whatever bitcoin does they also follows.

So what will happen to bitcoin ? will it go and become a million buck coin like many analyst have predicted , or it will collapse ? People are so much focussing on bitcoin and it's action waves which ripple the market.

But again everyone is forgetting i guess , that bitcoin was the beginning . If it collapse then cryptocurrency market as a whole will not die, infact there will be another or some currencies which will try to take over the market. It is a blockchain revolution , not a bitcoin revolution . Blockchain revolution has gone so far ahead , it is impossible for any govenment or anyone to stop it.

As regarding the split of btc , people might think that will it be equal split ? The chance of that happening is very remote , as bitcoin cash is an altcoin , while some think most businesses will not touch bitcoin cash. They will stick to the old bitcoin which is activating segwit.

Coin Marketplace

STEEM 0.21
TRX 0.27
JST 0.040
BTC 102419.62
ETH 3707.14
USDT 1.00
SBD 3.24