How do you think Bitcoin and the hole crypto market will behave after 1st of August?
personally i informed my self a lot bout this topic, and what i understood is that BCC or BitcoinCash will be created, a Bitcoin hard fork, that will increase the block size from 2MB to 8MB, so that there will fit in 4 times more transactions than before, and congestions problems on the network will be solved for this huge demand by this move.
on August 1st segwit 2x will be locked in waiting for its mining approval, i personally excpect Bitcoins price to double again after waters calmed down as history has shown us different times now..
Remember banks provoke big jumps and dips not us middle class or poor people, and they are getting to be quite predictable..
Be sure that you get that version of Bitcoin (BCC) as soon as it gets generated, by holding your cryptos on a hardware wallet instead of an exchange, exemple on a ledger nano or a trezor usb device not on coinbase jaxx or exodus.
Goldmann Sachs first price prediction on july 12th was bitcoin at 3500+ for auagust, but they raised their target this week by 300$ so expected 3800+ for the next month. (its not and investment advice, make your own knowledge about this space befor putting money in, and be aware of investing an amount you can afford to loose)
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in future ill start uploading videos every day, about the cryptosphere and general economic news, as the world evolves, we must evolve with it, stay tuned stay updated!