This is a question on everyones mind but there is no solid answer. I have scrolled through bitcointalk / reddit / everywhere.
Its one camp vs another vs another ... Therefore many answers to "what will happen" are biased.
I want to simply know.. will Bitcoin scale this year or not? will Bitcoin ever scale ? will August 1st even be of any real significance or will it be Y2K all over again (where nothing happened) ? And if Bitcoin does scale what will happen to the Litecoin (which has recently been taking some of Bitcoins gleem/shine) ?
If any one says that they have a specific answer then they are joking, cause they won't have a specific answer no one knows about it, all are trying their various theories but so far it's yet a mystery. At one time I read they are reaching a consensus then next I find a split shall happen, these are troubled times and one has to be really careful as to his next course of action cause the future of Bitcoin looks bleak there is no doubt about it