I know this is not the subreddit to talk about crypto's but a lot of people here are buying and selling items with bitcoins. In case you don't want to read a lot of the crypto news, these are things you should know:
The expected bitcoin fork on 16th November has been canceled. What does this mean: After a fork it is possible that a new coin will be generated because of the blockchain split.
I didn't happen, now what? Investors are not going to wait for a new coin to show up. So they are going to invest in other coins.
Bitcoin Cash and Bitcoin Gold, what is this? These are coins that are created after a fork. They have a few benefits and downsides comparing to Bitcoin. Investors will pump money in these coins, some of them hope that these coins will adopt Bitcoin.
What about Bitcoin. The value might drop rapidly in the next few days. Not sure about what is going to happen in the long term.
What about bitcoin transactions. The transaction fee is really high for the moment. You can check the best transaction fee on this website: http://bitcoinfees.21.co If you don't send enough fee with your transaction, your payment might get stuck.
Should I wait selling items? That's your own decision. My advice is to wait for a few days. If you sell something at the price of 7000 dollar. The value next week could be 3000 dollar. Just make sure to cash out directly after your sales, in that way, you won't risk too much.
You guys are allowed to correct me if I'm wrong.
It isn't going to drop too much, bch is being pumped by one person, there simply switching between bch and Bitcoin, when bch goes up Bitcoin will drop, just another pump-and-dump as soon as it's over bch will go back down and Bitcoin will rise again.
It's actually holding up well and the market needed a correction anyway