I don't think it's going to kill Bitcoin either, but it's still too concerning for hodling them by August 1st to be a wise decision.
Bitcoin might split into 3 different coins. One of them, depending on which one the market continues to recognize, might still keep some of its value, but even the FUD alone will drag it to the low 1000s, or even back to the hundreds. In fact, FUD will still hurt the value pretty bad before the forks take place, even if they don't end up splitting the coin.
I also doubt that any of the Bitcoins are going to reclaim their dominance in the Crypto market after the crash. Ether, Litecoin, Monero, and other alts will fill the void almost instantly.
I don't think it's going to kill Bitcoin either, but it's still too concerning for hodling them by August 1st to be a wise decision.
Bitcoin might split into 3 different coins. One of them, depending on which one the market continues to recognize, might still keep some of its value, but even the FUD alone will drag it to the low 1000s, or even back to the hundreds. In fact, FUD will still hurt the value pretty bad before the forks take place, even if they don't end up splitting the coin.
I also doubt that any of the Bitcoins are going to reclaim their dominance in the Crypto market after the crash. Ether, Litecoin, Monero, and other alts will fill the void almost instantly.
I'm pretty confident that whatever is happening now isn't the death of bitcoin. But if you really are worried, I'd be more than happy to get your dying coins off your hands ;D