After reading about BIP 91 on coindesk, this obviously isn't a permanent solution for the possible fork in BTC. Does anyone know what will come after in the coming months?
There won't be any problems for August but the next step is going to be a hardfork to 2 MB blocks I think in November. This is where the real problems could start.
Why dont they just implement the hard fork already so that they wont be fear among investors again in November, August 1 has already caused enough problem among investors which drove the currency way down last weekend.
There was a hard fork already back in 2010, and look where we are now. I don't see any reason why we shouldn't do the same as we did then.
BIP 91 is an extremely short-term solution. Increasing the block size only helps for so long, but eventually it will need to happen again, and again, etc.
In any case, the price has risen back up now and seems to be stabilizing around $2,600. We might even see a real breakthrough of $3,000 as the previous one was too short-lived to really count. Not to mention it only crossed 3k on some exchanges, not all (like BTC-e).