RE: Doomsday? What is going to happen with bitcoin today?

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Doomsday? What is going to happen with bitcoin today?

in bitcoin •  7 years ago 

Some confusion above. 3 different things underway.

  1. UASF (BIP148) for segwit on main bitcoin chain did activate without any issue. This was at 1200 UCT Aug 1 ( 6PM USA EDT Jul 31)

  2. UAHF (Bitcoin cash) is in progress. The main bitcoin chain has continued, the last block in common is 478558. As of this writing there is not yet any new block mined on the bitcoin cash chain.

  3. Segwit implementation is still upcoming on the main BTC chain due approx Aug 8-10 depending on hash power remaining on BTC.

see my other post for more details: https://steemit.com/cryptocurrency/@dylan.schickel/bitcoin-chain-split-bitcoin-and-bitcoin-cash

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At this time i can say firmly that formation of Bitcoin Cash(BCC) is certain but it won't affect hugely on current price of bitcoin which is likely to surpass $3000 mark soon.
checkout this : https://steemit.com/bitcoin/@joshidwarkesh/bitcoin-price-prediction-august-2017