Bitcoin Cash launched Tuesday, August 1 at 8:20 am Eastern Daylight Time. So, what now?
If you have your coins in a wallet, you’ll need to
What’s happening with the Bitcoin split and what to do about it
At 8:20 AM Eastern Daylight Time, Tuesday, August 1 , MOST people holding Bitcoin will receive an additional free coin, Bitcoin Cash. Want to know if YOU will? Read on!
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Yesterday’s Drop in the Crypto Market and What To Do Now
On July 25, nearly all cryptocurrencies dropped about 12%. Why? Read on!
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Good time to buy Bitcoin!
The cryptocurrency market just fell about 15% and appears to be on its way back up. If you’ve gotten my book and set up an account, now’s the time to buy some.
I believe the drop is related to the possibility of another type of Bitcoin being created on August 1. If so, provided you don’t buy Bitcoin at Coinbase or GDAX, your Bitcoin will split into one Bitcoin and one new coin.
Either way, be sure to buy no later than July 27 and don’t do anything with it, buy or sell, until after August 3.
This is all covered in my book 😉
Important Warning!
There is a possible change coming to Bitcoin around August 1. After this time, the price will most probably go up on Bitcoin and the other cryptocurrencies as well. However, if the change occurs, people with Bitcoin on Coinbase.com or GDAX.com may find that they are not able to profit from a second coin that others will get for free.
So, to be safe, by Friday, July 28, 2017, move any Bitcoin you have on Coinbase.com or GDAX.com to Kraken.com or to a blockchain.info wallet.
ALSO, do not trade, send or withdraw any Bitcoin from July 31 to August 3.
If you want to learn more about this, you can find it here in my book
Here’s what I bought last night
Looking for other cryptocurrency coins to buy? Here’s what I just bought.
Bitcoin and other cryptocurrencies have hit bottom and are going back up!
Bitcoin fell from about $2800 to $1800 in less than 2 weeks, but is now back up to about $2250. I expect it will rally from here with some ups and downs, but mainly on an uptrend.
Bitcoin Price Forecast
I wrote the paragraphs below on July 9, but they are still very relevant.
What does the August 1 change mean to you?
The August 1 change could be a blessing or a curse for you. Read on!
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Bitcoin price forecast – 25 June 2017
I am expecting Bitcoin and altcoins to maintain current price levels or drop until the debate on SegWit is decided. Then I expect a very quick rise and for Bitcoin to trade over $3000 before the end of the year.
I expect that SegWit will be accepted. On the Bitfinex exchange, you can buy tokens for only one of the possible future coins. People are paying $2250 for Bitcoins after SegWit and $235 for new Bitcoin Unlimited coins. That means the vote is nine times larger for adopting SegWit.