Bitcoin is about to go thru not one, but TWO hard forks! What does that mean? A massive Bitcoin price explosion is about to take place!
A hard fork is when miners and programmers have different ideas about what is best for the future of bitcoin. When they can't agree, they go their separate ways, with one group doing it their way, and the other group doing it their way.
Both coins, up to the point of divergence, share the same blockchain history, but once they fork, the future is all their own. What this means is, anyone who holds the original bitcoin before a fork, receives an equal amount of the new coin for FREE! Like magic, it just appears in your wallet (as long as your bitcoin is NOT on an exchange when the split occurs).
Imagine being able to double or triple your "bitcoin" over the next couple of months! And all you have to do to qualify is move your bitcoin off the exchanges and into a private wallet where you control the public and private keys. Sounds good, doesn't it? That's because it is. It's so good, in fact, you're about to see a major market disruption in the prices of all alt coins!
The last time this happened, when BitcoinCash forked off of Bitcoin, people started selling all their "alt coins" to get more bitcoin before the fork took place. What's an "alt coin?" In this case, it's ANY coin other than Bitcoin! The effect of all this selling was that the prices of Ethereum, Litecoin, Dash, Monero, and every other cryptocurrency in existence at the time, started going down in value, while, at the same time, the price of bitcoin started going up ... and up ... and UP!
You know the saying ... "history repeats itself?"
Get ready for the next Bitcoin price explosion as people do the same thing, selling their alt coins and hording bitcoin as they get prepared for the BitcoinGold hard fork (scheduled for October 25) and the Bitcoin Segwit2X hard fork scheduled to take place sometime in November. Not only will alt coins be sold to be able to buy more Bitcoin, but because people are hording their bitcoin ahead of the hard forks, a restricted supply of bitcoin will cause the prices to skyrocket!
The sooner you get your bitcoin the better off you'll be. You might already be seeing the effects of people moving their money out of alt coins taking place right now, but as it gets closer to when the forks will take place, expect the price increases to become MUCH more dramatic.
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