Wow shit just got real! Bitmain threatening to activate a hard fork. Could this mean a definite split of the bitcoin blockchain?
After only just recovering from a $500 drop recently, BTC falls again and continues to do so. Current drop at time of writing is $500 once again. It is looking likely it will probably drop further.
Personally I see this as user activated opportunity. If the blockchain does split then the game is on to accumulate as many coins as possible and what better way to do it than with $500 dips. If you're sat on 1,000 coins that's half a million each time. Someone is making serious gold.
Its times like these that really test your resolve. Do you panic sell or HODL?
But what to do?
Are you going to hold and wait to see what happens? Split your Bitcoin and hope to cash in on double coins? Or maybe move to alts in a hope that btc comes crumbling down?
Either way it's an exciting/scary time to be in crypto world. This sort of volatility and uncertainty is why the SEC declined the Winklevoss.
Let's just hope that the bubble hasn't popped.
August 1st... will we be rich or victim of a very clever long play?
For those that may wonder
UASF = User Activated Soft Fork
UAHF = User Activated Hard Fork
HODL = Hold On for Dear Life
What do you think? What are your plans?