segwit2x activation. What is going to happen on 1st August?

in bitcoin •  7 years ago 

I have heard that segwit2x is going to be implemented on 1st August. I am new in crypto world a completely noob but, i am curious about the terms "Hard" and "Soft" Fork. and what is going to happen with the price of bitcoins. is it going down? many people have said that bitcoin is going to be split in two coins same like etherum and etherum classic. Whats your take on it?

bitcoin segwit2x hardfork softfork
7 years ago by

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      ·  7 years ago 

    No one can tell for sure, because no one knows what exactly happen in the upcoming weeks. And even if someone knew it, it still would be hard to predict Bitcoins price, because you never know how other people will react. Bitcoin is compared to honeybadger - sometimes it doesn't care about events that should have shifted its price. Also, if you look at todays price, we have already started falling, because some people are afraid of a crash caused by splits.

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        ·  7 years ago 

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          ·  7 years ago 

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