Worries about a network split have even started to rattle national regulators and trade groups. After holding discussions over the possible currency split, the Japan Cryptocurrency Business Association says member exchanges will suspend trading of bitcoin beginning Aug. 1, according to a Bloomberg headline.
It could be the Gov't wants to herd as many into Bitcoin and cryptos NOW, knowing they will lose their money due to the upcoming Bitcoin split/fork in August. It was also reported not to buy or sell any Bitcoins on August 1/2. Many exchanges are suspending trading of bitcoin on August 1, as reported, and some exchanges won't support one of the two split Bitcoins. What a mess for those gambling in Cryptos.
If you're in the money, take your profit and run, until the dust settles after the Bitcoin split/fork in August, which can cause Bitcoin owners to lose all of their money, as the new code may reject their Bitcoins as invalid in the chain, as reported. But it seems, this grave risk doesn't bother many Bitcoin owners.
endtimenews
Great article on the bubble, but where is the source of that @end? ! which scenario could happen for eth after segwit2X is implemented for bitcoin? thanks for the answer and i am following you now!
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According to another Bloomberg article, 55% of the coins mined over the last 24 hours were mined with the segwit2x software which was formally released over the weekend. If they reach 80% they may be able to avoid a split. If they do avoid a split we can expect a big spike in price as all those who were scared out of the market come pouring back in.
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....keep buying....keep holding.
Thanks for the article.
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