Redpill me on the hardfork, I need a quick rundown :
So far I have heard these things, which one are true, which one are bullshit ?
>1.if you want to be safe remove BTC from exchanges and store them in a cold wallet so you have the private key
>2.Hardfork wont happen, softfork at best, business as usual
>3.Bitmain or whatever will push the hardfork hard and cuck everyone
>4.BTC will be frozen for a while, panic will occur, no one is safe because all the coins are indexed on BTC therefore they will be worthless when the hardfork arrives
>5.To save your ass you either go back to full fiats, go USDT, or only work on coins indexed on EUR/USD/ETH
So, which one are true, which one are bullshit, what is your strategy ?
come on guys
bump, curious too
Nothing will happen. People will cry it is crashing. It will go down and shoot up to 10k finally. Yeah best is of course to put them into private wallet. It is always better, but also depends on amount of btc to save. I would not care about few....
And btw. BTU is shit. It will not survive. Segwit woth ltc will be thw solution and it is going mainstream this year.
Me personally going to export half of my holdings to private place
bump me daddy
the whole thing is being manipulated by bank of china . they short and cause FUD (through regulation and through jihan) and accumulate cheap coins.
price should be dying but lots of people all over the world who don't speak english have no idea what's going on and keep buying so the price is creeping back up when it really shouldn't be
that's my theory anyway
Hardfork won't happen. No one is retarded enough to want to split BTC.
You all should read this article:
http://www.coindesk.com/first-look-bitcoin-scaling-proposal-segwit2x-gets-alpha-release/
>>2471358
> when it really shouldn't be
Except it's the contrary, price shouldn't be going down, but it is due to misinformation and people panic selling.
BTC will most likely skyrocket after august 1st
>>2471543
>years-long unresolved impasse is coming to a head as different factions ramp up their forking threats
>price shouldn't go down
rly makes me think
>>2470940
Read this anon
http://www.coinworld.io/news/ethereum-bitcoin-rebounds/
>However, over at Bitcoin a cloud of worry is >forming in anticipation of August 1st. Jihan >Wu, owner of Bitmain, made an >announcement that they intend to go with the >hard fork. Right now the community is >deciding whether they will activate an UASF >(User Activated Soft Fork) or hard fork. Jihan >Wu insinuates that Bitmain may “attack” a >potential soft fork.
>>2471560
Except if you actually think long term you will notice that a hard fork will likely not happen. Thus I'm saying the price shouldn't be going down unless if because of people panic selling due to misinformation.
>>2470940
>happen
I hope it happens. BitMain is correct, and the hardfork will show.
Big blocks = low fees.
Small Blocks = high fees = need to use coinbase and shit like that...
This leads to: http://www.bitsonline.com/coinbase-disables-account-ross-ulbricht/
When you have a hard fork you have coins in both sides, one will be better than the other. But you are winning money.
Biz retards like to suck (((fake news))) dicks, that's why they are confused and think a hard fork is bad, but when ETH was hardforked, and ETC appear, ETH went stronger, and ETC continued on a different path. Bonus was that users had coins in both chains. Competition is king.
Its simple. Dont listen to all the fud. Its just internal disagreements that spill out into PR.
https://www.youtube.com/watch?v=pT9kJq_Ogrk
>>2472675
You realize that larger blocks leads to more centralization right? Which means more mining cartel control. Larger blocks makes it hard for Joe schmo miner to download the 10000 TB blockchain