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 rethecently been taking some of Bitcoins gleem/shine) ?
I've absolutely no isea why you or anyone else keeps focusing on the 1st of August. Nothing is happening then. Ffs.
Ya I accept last year not such a peak rise in bitcoin price. But this time their is a lot of chances that to happen. Now a days ,the number of bitcoin users is keeps on increasing due to increase in bitcoin price.So I am dam sure that ,their will be huge increase in price of bitcoin after August 1.
Yes, just like you I'm also expecting more increases in bitcoins after a successful August 1 implementation. We all know our beloved cryptocurrency needs some fixing and if all goes well and a possible solution is implemented I think we will see an even astronomical demand of Bitcoin which will affect the prices.