Don't panic, but your Bitcoins may just vanish into the ether next month
Well, actually, do panic. A pending code change could bring a period of instability
The community-driven organization overseeing Bitcoin on Wednesday warned that any Bitcoins received after Monday, July 31, 2017 at GMT-0700 may vanish into thin air or be rejected as invalid.

Bitcoin.org said that at the end of the month, Bitcoin confirmation scores – a number that represents the difficulty of altering the associated transaction – may become unreliable for an unknown period.

"This means that any Bitcoins you receive after that time may later disappear from your wallet or be a type of Bitcoin that other people will not accept as payment," the group said.

The reason for this "potential network disruption" is Bitcoin Improvement Proposal 148 (BIP 148), which describes a "user-activated soft fork" (UASF). It's an effort to implement a code revision referred to as a Segregated Witness, or SegWit, a method for separating signature data from transaction identifier data in a Bitcoin transaction.

Doing so offers a number of ostensible benefits, including increasing the Bitcoin blocksize, limiting the extent to which transaction data can be modified by third parties, and simplifying scripting upgrades.

The SegWit operation depends on the consensus of Bitcoin miners. If a majority of the Bitcoin miners signal their support through their mining activity, the change should become active across all compatible Bitcoin clients.

But if BIP 148 is only embraced by a minority, the blockchain could split. That would create a situation where BIP 148 Bitcoins and legacy Bitcoins would be incompatible.

The transaction confirmation time in the Bitcoin network is gradually increasing. ... YOU SHOULD NOT BE AFRAID OF AUGUST 1 ... situation where two types of crypto-illate bitcoin arise - one based on the protoco

People focus so much on what the price of bitcoin is that they don't look at *how* bitcoin is traded.  Bitcoin is quite interesting because it is the first asset whose trading/exchange infrastructure was created from a clean sheet, and so you have things like 24/7 trading, multiple exchanges, and direct trading with counterparties, that are going to eventually be used to trade everything else.

It's not just bitcoin.  The issue is that the global banking and payments system is fundamentally broken.  Bitcoin is merely one part of general set of financial technologies that will reshape the banking system.

i dont think so..

The new code update called BIP 91 has been locked in with 93.8 percent of miners showing support for the proposal in the last 24 hours, according to Coin Dance, a site which tracks bitcoin blocks.

Bitcoin nears record high price after 'milestone' in fierce debate over its future

What's been going on?

Within the bitcoin community, a so-called "scaling debate" has been going on. There is a big backlog of transactions on the bitcoin blockchain — the technology that underpins the cryptocurrency. That's because the bitcoin code only allows a certain number of transactions through in one "block".

What next?

The new code update called BIP 91 has been locked in with 93.8 percent of miners showing support for the proposal in the last 24 hours, according to Coin Dance, a site which tracks bitcoin blocks.

It is essentially a software update that miners need to run. So 93.8 percent of miners are signaling their intention to run it.

There will now be a two-day grace period for miners to prepare for the activation of BIP 91. Following that, there will be an adjustment period which could take two weeks. The actual increase of the block size might not take place until November.

And there could be some potential issues. For example, one bitcoin developer Bryan Bishop, said that miners might not upgrade their software, even though they are signaling that they will.

So whats you stats saying? in how many days it will cross $3000btc
as far as 1st august is coming the bitcoin is rising. it seems that it will be at $5000 after 1 Aug

no the bitcoins will not end, it will rise just wait and watch it will become more popular so dont worry

Yes most people area afraid but there is so much chance that it will effect btc as most of the parties have agreed on btc splitup so it will be sure benifit for all people as you can see again btc prices are rising high to high and reached back to $27800. so i suggest you to wait and watch you will be getting great amount of benefit after 1st august.

yes it is being said that it will rise to 3000$ btc  , what will happen after 1st august?? it so confusing to me

yes i bought at 2300$ btc rate and still i got much profit

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wow man that very creative and amazing designs, i really love these.
it a great concept and great idea i would love to have this art.

there are many ways to earn online btc, check bitcoin faucets ,there are so many and pays as well

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also mention the price.
Thanks

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hi do you have online earning methods ebook?