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RE: Bloomberg News: Bitcoin is in a Bubble and Ethereum will take it's market cap!

in #bitcoin8 years ago

I see. As far as I understand it, it will happen in August and will be implemented so that Bitcoin transaction speeds will be upgraded. Depending on the outcome of the upgrade, Bitcoin might take a hit as there is a fair chance that Bitcoin will be split, not unlike ETH and ETC. Most wallets and exchanges will be ready for the split. If you are a previous owner of Bitcoin, when the split happens, you will own both versions of the coin.