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RE: Will Bitcoin price drop after the coming fork?

in #cryptocurrency7 years ago

If you're referring to the UASF on August 1st, I wouldn't worry about it. Even attempting it without support from the miners is lunacy. If the UASF occurs, on August 1st bunch of idiots will fork themselves off the network onto a useless chain that won't have more than a single block mined every few hours - and that's assuming there are actually any miners who will be foolish enough to direct their hashpower at a worthless minority chain.

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I agree, that would be fool, and it might harm the whole process!