I don't understand why are people dumping over BTC while they can have them invested in alts???
Even putting in alts wouldn't settle anything for us??? Putting alts on exchanges will also be dangerous???
What will be the future of BTC after this??? Is it going to die on one side after a majority of another side wins and is it really going to be on two blockchains??? If yes, then on which blockchain will our "present" bitcoins be put???
That is exactly what annoys me also. I don't understand why people don't just buy alts, wait for the things to settle and after 1 August just buy BTC again. I think there are lots of btc maximalists and whales which are using alts just to increase their btc stash. I still wait for the day people will understand the true importance and value of certain alts and stop giving so much importance to btc like retards. Even after they apply this "improvement" , even if they implement segwit btc will still not be competitive with Visa or MasterCard in terms of TPS, not to mention the only truly scalable crypto that is IOTA. Why don't they just let it go ? Is like some people would still be using candles today instead of light bulbs just because it was the first light source they got in contact with .
Yes for us who know whats going on and understand the technology behind the altcoins we can make the distinction between bitcoin and altcoins. But many of the newer users to the market who got in because of all the hype and news coverage they really don't take the time to think about the difference. They only see the news about the bitcoin issue and see bitcoin going down and automatically assume this affects the whole market. And then because of this thinking it actually does.