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RE: Cryptocurrencies crash!? Don't worries. Let me tell you what will happen next.
I think, a lot of money from the altcoins will flow back to bitcoin as soon as segwit got activated. Altcoins did have this sharp rise because of the issues of bitcoin! As soon as they are resolved bitcoin dominance will be corrected upwards.
Until bitcoin encounters the same problem again :) that's just the nature of technology, once there
Is more demand, there will be the same performance issues and maybe even higher fees
Good thing with segwit it's backwards compatible, yet I don't think we'd have to move backwards from the lightning network. Anything is better than a 2MB (permanent) hard fork.
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BIP 148 is due for activation on the first of August.
If your exchange doesn't support BIP 148 by late July you need to get your BTC out and into your own paper or software wallet where you are the keeper of the private keys.
Failure to do this could mean that your BTC will not be registered and validated with segwit and may be unusable.
No one knows for sure yet how this will go so probably the safest route is to pull your BTC out of exchanges until after BIP 148 is activated.
This might be true. All depend on so many reasons and always current price reflects what people already know. It's all in price - risk for segwit or not, but as soon as it's clear there will be next movements, which is clear.
The main point is to stay with crypto-world and diversify.
I was expecting same until btc dominance fell below 50%, now I'm not sure. Looking like maybe that is happening, but I think litecoin will has a lot of growth to do!
I hear the same. Nothing wrong with having little litecoin, too?