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RE: The August 1st Potential Disruption of the Bitcoin Network

in #bitcoin7 years ago

Actually, we have no clear answer that after 1st August bitcoin would be down or not. Then suppose after 1st August bitcoin's price grew up then you could also miss the chance to buy the bitcoin at this price. Then better is that see your pocket and then buy it, if you want. Otherwise, in my view, it is not a valid reason to wait for 1st August even you have no proof and only consume that bitcoin's price down.

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Yes there is no clear answer but looking at the fact that most exchangers would put Bitcoin Transactions on hold, that will definitely send price downwards.