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) ?
We are still having a lot of controversy about this, if it is not resolved, the bitcoin can be divided, and its value will be severely affected. The most important thing is that we have the same opinion.