Quote Originally Posted by AlwaysAway2 View Post
The Bitcoin fork is only days away now.
It occurs on 1st August.
Nervousness about this fork has caused the price to stabilise for some months.

The fork is to enable the new cash bitcoins to transact more quickly. So you can buy a beer with it for example. The new cash bitcoins will use Segwit Technology to speed up clearance.
Segwit is short for segregated witness a process where transactions are verified in smaller blocks (or less users) before full blockchain incorporation later. That's the idea. Some are worrying about orphaned blocks.

The news is that Coinbase the main (man in the street) source of the Cryptocurrency are not taking the fork so investors with their Bitcoin held by Coinbase will be staying with the original Bitcoin software coding.

I foresee an earthquake like move upward in the Bitcoin price soon after the fork.
10 -15 % gains are likely.

Don't go anywhere near these cryptocurrencies unless you have free money to gamble with. You have to assume the whole thing may implode. It won't but assume it may.
I think you meant de-stabilise, right? ... the price of Bitcoin this last month has been particularly volatile, swings of 300GBP in a single day. Bitcoin had dropped to 1,300GBP only a week ago and is currently back up around the 2,100GBP mark.
Uncertainty over the fork and also a large number of ICO's being issued this month (paid for mostly with Bitcoin and then dumped for fiat currency) resulted in Bitcoin price plummeting.

Certainly not for the faint-hearted is cryptocurrency!

I recently bought 6 Ethereum coins and need the price to hit 180GBP just to break even (149GBP as we speak).