Bitcoin is about to experience a fork. This means that users will be receiving a new coin, called Bitcoin Cash, that will match whatever balance the users have in their traditional bitcoin wallets. What does this mean? Basically, a free additional type of currency.
The reason that this is important, is because futures trading of this "bitcoin cash" is already underway, and values the coins at approximately 500 dollars. That means, that for each bitcoin that you have, you will also have 1 Bitcoin cash. If the price stays at all level, that will mean a large spike in the values of many users wallets.
Be ready for the fork!
If you don't have the know how to manage the merger between these two chains, so that you end up with your free coin, you should take your coins to an online wallet that will do this automatically for you.
The investment and exchange site Btcpop, is one such service that will provide you with your coin on both chains when this fork happens. For free, you will be provided access to your coin on both chains, as a service.
btcpop.co
This fork will happen on August 1st, so act fast!
