What should I do?

After taking a break from the DNM's i'm just now catching up with this Bitcoin split coming up in August. I was wondering if it would be safe to buy bitcoin now and keep it in a clearnet Electrum wallet and just let it sit in hopes that Bitcoin will come back with in an explosion of high value, or should I ditch it completely and move to monero until further notice?


Comments


[21 Points] LLcoolJimbo:

As a Monero shill I highly recommend moving to Monero permanently. Thank you for your time.


[6 Points] -Hayo-:

i'm just now catching up with this Bitcoin split coming up in August

There is not going to be a split, Bip91 has sufficient miner support to activate Segregated Witness before August the 1st. This means the UASF (Bip148) won’t have to enforce the activation of Segregated Witness and both Bip91 and Bip148 stay compatible with each other.

If you want to follow the progress you can use the following website: https://www.xbt.eu/

So in short, you don’t need to worry about a chain split.

or should I ditch it completely and move to monero until further notice?

Both are cool. :)


[4 Points] ice_cream4breakfast:

Everyone is wondering the same thing right now


[4 Points] spookykrule:

Thanks for the updates and opinions.I was just confused on what I should do, but I think I might be moving to monero in all honesty.


[3 Points] deep_touch:

It's just a bunch of FUD being used to manipulate the market. There's already a trend of adoption, so the likelihood of even a soft split diminishes everyday.


[3 Points] Chemical_Love_Story:

Man, if only we knew. I'm keeping away from Bitcoin for the immediate future as an end user, I don't have the kind of money to throw away on some silly price drop. Monero works great.


[1 Points] None:

[deleted]


[1 Points] whatthefuckhansa:

http://www.trustnodes.com/2017/07/15/bitcoin-will-hardfork-big-blockers-will-chain-split-meet-bitcoinabc

i dont know who it is the article was quoting but they seemed to take it as gospel that the blockchain will hardfork and BCC and BTU

pulled from article

"As such, we’re likely to have two bitcoins on August 1st. A Bitcoin Core coin (BCC) that implements segwit and moves towards a vision of full blocks with bitcoin’s blockchain operating only as a settlement for second layers like the Lightning Network where most transactions are meant to occur.

And a Bitcoin Unlimited coin (BTU) that has a vision of keeping on-chain capacity above demand with the network aiming to keep blocks less than full, so providing room for more on-chain transactions, while also probably incorporating second layers like the Lightning Network as optional protocols for users or businesses.

The two communities have already largely split, with their own public forums and their own very different, incompatible, visions. Which may mean August 1st would mainly formalize what has already largely happened."

edit: i dont know what to believe this is NOT my opinion i was hoping for some insight- no hurt plz


[1 Points] Anallemmings69:

Cut off your penis with a rusty butter knife. Then sell it on dream but require buyers to only use alt coins not bitcoin. This will magically solve all your problems