There has been a lot of talk about SegWit2x, or the upcoming fork in the Bitcoin network. However, unlike the split that gave us Bitcoin Cash (BCH), market participants are not sweating the latest SegWit protocol for one simple reason: they do not believe it will challenge the original bitcoin.
The BCH experience has made investors all the more weary of hard forks. That’s probably why Bitcoin Gold came into existence with hardly a sigh from the original blockchain network. Developers, investors and analysts seem pretty unanimous that neither of these protocols will surpass bitcoin in any meaningful way.
Bitcoin’s next fork is expected to occur on or around Nov. 16. Based on the prevailing sentiment among miners, investors probably won’t have to worry about which of the two coins will be called the true bitcoin. In other words, there will be no question which fork is the minority chain.
So the question is would the price rise or fall and is it good to hold now .
Topic: BITCOIN- WOULD THE PRICE RISE OR FALL BY MID-NOVEMBER (Read 228 times)
Jump to: