Bitcoin Soft-Fork & Hard-Fork Aug 1st, should we worry? should we look forward to it?

in bitcoin •  8 years ago  (edited)

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What are your thoughts on the upcoming hard/soft fork for Bitcoin on August 1st? Sell, buy more, hold?
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Great question. I'd hope we can avoid a hardfork, but if we did fork, it's probably worth holding on paper.
If its quickly resolved the price might spike straight up, making buying back in an expensive prospect.

http://simondingle.com/preparing-for-the-bitcoin-fork/

Good article here about how to prepare for the fork and what the consequences of doing nothing are. Everyone that holds BTC should understand the coming fork!

thanks will read it in a bit!

Hey there. I wrote this post explaining what to do to protect your bitcoins from the outcome of the scaling debate (which I explained on the Bitcoin Hardfork for Dummies post)

continue as usual but find a wallet that keeps u safe and coins legit rather than end up withdead weight

I don't think we need to worry. Bitcoin is a force to be reckoned with and will hold up,

I think the best thing to do is to hold Bitcoin.