Hard fork has been adverted! Breaking NEWS!

[xuan87]

If this news is true then I am relieved, I never hoped that forking is going to happened, it really messed up everything, Bitcoin price dropping severely the traders also afraid to trade and the most important is the trust from the investors is dropping significantly, and now with this news Bitcoin can continue it's dominance

[digaran]

I did not believe in split, holded my BTC despite the fall this month.

Did you holded it really tight? lol so far Bitcoin has been the top crypto currency despite so many similar copies of it in the market even identical copies but the name has it's magic doing the job keeping it on top, as experts mentioned so many times, every body miner could fork at any time, that's something which was with Bitcoin from the day one, but what does it matter when they will not have the ticker of BTC? when they fork your coins double but you'll never have double of BTC on a single chain.

[Xavofat]

so 1st aug means nothing now!!!!!

False.  There will be a hard fork to create the coin Bitcoin Cash, which is designed to be BTC with a drastically larger block size.

Bitcoin Cash is currently trading at around 20% of Bitcoin's value on the ViaBTC.  When the tokens actually exist (as of August 1st) it's hard to say what the value will be, but I suspect that people will be dumping it at first.

It's important that you understand what's happening and keep your coins safe in a wallet where you control your private keys.  Misinformation like this is what causes users to lose money by keeping their coins in Coinbase or other exchanges which may take your forked BTC.

Personally I don't intend to interact with my Bitcoin Cash at all, but I should still have it in case I ever want to sell.

[basesaw]

so 1st aug means nothing now!!!!!

False.  There will be a hard fork to create the coin Bitcoin Cash, which is designed to be BTC with a drastically larger block size.

Bitcoin Cash is currently trading at around 20% of Bitcoin's value on the ViaBTC.  When the tokens actually exist (as of August 1st) it's hard to say what the value will be, but I suspect that people will be dumping it at first.

It's important that you understand what's happening and keep your coins safe in a wallet where you control your private keys.  Misinformation like this is what causes users to lose money by keeping their coins in Coinbase or other exchanges which may take your forked BTC.

Personally I don't intend to interact with my Bitcoin Cash at all, but I should still have it in case I ever want to sell.

LOL. It is like btu on hitbtc. some exchanges creating some fake tokens and results to their system to be annoying. I remember when I was trading on hitbtc maybe mid march they release the btu(hardfork of btc) but we all know that it doesnt exist at all. dont support those fake token please.

[GideonGono]

so 1st aug means nothing now!!!!!

Nope. We can't say that for sure. We can affirm this if the August 1 will arrive or pass. The article has not provide enough details and facts to put our hearts at ease but still considering that 80% had voted with it then 20% should think hard not to damage what Bitcoin is today in the decision that they will make. Anyway, as of now, we can't really tell unless we have access to the minds of the 20% who voted against it.