What is going to happen on August 1st to bitcoin?

in #bitcoin8 years ago

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The bitcoin soft fork for the adoption of Segwit is gonna take place from August 1st. Before that from july 21 we will have soft fork. There is gonna be a disruption in bitcoin price. Should we sell bitcoin now or just keep holding it? Is it safe to hold bitcoins in exchanges like poloniex during the split? I am thinking about holding it. What do you think?

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As a personal thought, i think you should hold on to it, not sure if on poloniex because its been having issues lately, i would suggest save it on a private wallet. Bitcoin price will eventually fly to the moon

bitcoin is no.1 in cryptocurrency world. updating the bitcoin technology (fork) is a must and has to happen. and i don't wanna say bitcoin would reach at least 5000$ this year, so i think you have to keep it bro. :)