So good so far

Well it's unavoidable the process has began. The miners will have to implement this, we as investors have to deal with this. Bitcoin Improvement Proposal 91 (BIP 91) is officially locked in, its here people right now. All the players are aware you should be too, and know how to approach this uncertain period. With total majority of 90 % of all hash power, hence BIP 148 will be obsolete in August soft fork hard fork.

Upgrade initiated so far so good, yet we are not out of the cold yet. Between 30July to the 3 August a few exchanges and crypto platforms in general, will have interruptions during this process. Some major player in particular, It was stated that deposits and withdrawal will be down during that perod. Won't be business as usually for the most part.

Without getting too technical, miners need to embed data called “bit 1” in the blocks they mine. In order to facilitate the Segwit upgrade all of this will have to be implimented in the process. Now the implication of Segwit was said is more complex and uncertain, Its a little technical than stated here. It's not ascertain what August will bring for even the experts. I recommend you to protect your Bitcoins by all means, convert it to alternative crypto or fiat just to be on the safe side, untill this transition as pass. To some it up this is really still a wait and see what happens situation.