Is Bitcoin spliting on August 1st?

Hello,
Guys today very interesting news that can affect your and ours future of Bitcoins and you need to be prepared.

After majority of Bitcoin miners agreed on activating Segwit on August 1st, all of a sudden a group of miners announced that they will support the NEW BITCOIN CASH - continuation of Bitcoin project.

What does it mean and how to prepare? There may be potentially a split in Bitcoin on August 1st and it'll be interesting to see if the masses adopt Bitcoin Cash (Wallets, Exchanges etc)

It's supposed to make transactions faster and cheaper. Right now if you have money on exchanges it's advisable to take the money out to your personal wallets cause you might get a new coin with the Bitcoin that you have.

Second, don't do any transactions on August 1st and 2nd and see what is happening in the marketplace to be on the safe side.