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RE: The Bitcoin Fork(s) & August 1st: Don't Panic, Read This

in #bitcoin8 years ago

Thanks for the recap, I think about the forks one can look at ETH ETC, it's not as ideal but in the long run it will play out anyway. In the split day prices will fall, just be sure to have your BTC in a wallet or in an exchange which is known for the good conduct (like kraken) so you will be sure to have both coins when the dust settles.

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ETC/ETH split was a little different because Ethereum's difficulty adjustment happens much more quickly than Bitcoin's. But it is the best example we have had to date of what a split could look like.