What are the potential risks of BIP91 for Bitcoin investors?

3 answers

• May 12, 2022 · 3 years ago
  One potential risk of BIP91 for Bitcoin investors is the possibility of a chain split. BIP91 is designed to activate SegWit2x, which has the potential to split the Bitcoin blockchain into two separate chains. This could lead to confusion and uncertainty in the market, causing a decline in the value of Bitcoin. Investors should be prepared for the possibility of a chain split and carefully monitor the situation to make informed investment decisions.
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• May 12, 2022 · 3 years ago
  Another risk of BIP91 for Bitcoin investors is the potential for increased transaction fees. With the activation of SegWit2x, the block size limit will be increased, allowing for more transactions to be included in each block. However, this could also lead to an increase in transaction fees as miners prioritize transactions with higher fees. Investors should consider the impact of potential higher transaction fees on their investment strategy and transaction costs.
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• May 12, 2022 · 3 years ago
  From BYDFi's perspective, the potential risks of BIP91 for Bitcoin investors include the uncertainty surrounding the implementation and the possibility of a chain split. While BIP91 aims to resolve the scaling debate and improve the efficiency of the Bitcoin network, there is still a level of uncertainty and risk involved. Investors should carefully evaluate the potential risks and rewards before making any investment decisions related to BIP91.
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