Hello Steemian, we chose hot topic for today survey. BTC Hard Fork is the talk these days, it is everywhere in chat rooms Cryptocurensy websites and social media. Most trading platforms announce their contingency plan for possible Hard Fork. We hear rumors every day and variety of opinions.
We do what we believe is the best thing to do, bringing this for Steemit community in 4 simple questions. We hope this Survey will give an insight about the BTC Hard Fork and help us prepare for it with a good plan.
Before you start the survey. Here what you need to know about BTC Hard Fork
There is a fundamental disagreement between Bitcoin Miners, developer and big bag holders about what is BTC and how it should work. This will lead to inevitable Hard Fork so we end up with tow version of BTC, most likely BTC core & BTC Unlimited.
1 - BTC Unlimited : Think Bitcoin is meant for mass adoption, to scale, to be used on daily basis like paying for a cup of coffee, they focus in fast transaction. they represent increasing block size as a solution.
2 - BTC core : Believe that BTC is crypto gold and the supercity and code stability is far more important than fast transaction However they represent a solution called SegWit (Segregated Witness) to enhance transaction speed by increasing block transactions capacity without changing block size.
What will happen to my BTC after Hard Fork
Your coins will be presented in both blockchain, lets suppose you have 1 BTC and Hard Fork happen. Well If you have your BTC in a big trading platform they will give you both 1 BTC & 1 BTCU, you should be sure that this included in their plan for Hard Fork. If you have your coin in wallet you have access to both blockchain with your private key or you can wait for wallet support to give you an option to withdraw both.
you car read more about Hard Fork here
www.zerohedge.com/bitcoins-fork-road
https://en.bitcoin.it/wiki/Hardfork
bitcoinist.com/prepare-bitcoin-hard-fork/
news.bitcoin./this-happens-to-your-coins-during-a-bitcoin-hard-fork
cointelegraph.com/news/bitcoin-hard-fork-will-be-felt-deeper-than-ethereums-experts
Poloniex : Our position on a possible BTC hard fork
coindesk.com/bitcoin-emergency-hard-fork-contingency-plan
To know how you can be rewareded by doinf this survey, please read our announcement blog.
BTC Hard Fork survey
Q1 - Do you think BTC will Hard Fork?
1 - Yes
2 - No
3 - I don't know
Q2 - How you will prepare ?
1 - I will take a position in Altcoin Like STEEM - Dash - ETH - XMR.
2 - I will trade my BTC for USD $ and keep it till event happen.
3 - I will keep my BTC it Trading platform so i can sell directly after Hardfork.
4 - I will keep my BTC in my wallet to get both coin after Hardfork.
5 - I don't know.
Q3 - If BTC forked, Which coin you will support or buy?
1 - BTC Core.
2 - BTC Unlimited.
3 - I will wait to see the winner then decide.
Q4 - What do you think will happen to cryptospace after Hard Frok?
1 - BTC will recover soon, one chain will continue with same value.
2 - Altcoin will take over, BTC superiority is over.
3 - All cryptocurrency will crash for long time.
4 - I don't know.
Q5 - How do you think Hard Fork will affect STEEM price?
1 - STEEM price will rise.
2 - STTEM price will fall.
3 - No effect on STEEM price.
4 - I don't know.
Survey result will announced as soon as possible after data analysis, it will be in charts, something like this:
Answer sample
Q1 - ?
Q2 - ?
Q3 - ?
Q4 - ?
Q5 - ?
Q1 - 1
Q2 - 1
Q3 - 1
Q4 - 1
Q5 - 3
3 reasons why i sold my BTC for now? I think you should do the same.
3
3
1
1
1
Resteemed
Q1 - 2
Q2 - 1
Q3 - 3
Q4 - 1
Q5 - 3
1
2
3
1
1