If everything goes as envisaged then probably bitcoin will reach a new height after 1st August and probably everything will be back to normal. People who are frustrated about the long confirmation time, will get some relieve.
So I see it as a great time to buy more bitcoins because you may not have the same price after that date and you will have to shell out more money for the same amount of bitcoin compared to today's price. I am still in accumulation mode and will continue to do so.