Bitcoin Miners ("producers") will determine its price prospects in the coming days. This was told by UBR. Ua the founder of Kuna Bitcoin Mikhail Chobanyan.

According to him, everything is decided by the market, in which two vectors are outlined. "If the hardcore (bifurcation network - ed. ) Bitcoin will be successful, then its price will go up. But skeptics believe that it will be divided into several parallel networks and the rate of the crypto currency will accordingly drop. Which network wins hard to say. The next few days will be decisive for determining whether hardfork will happen or not, "he said..

The principal decision depends on the coordination of actions of the miners.

"There is not one person in the world who decides. A lot of them. Now they should decentralize in which direction to move. If the stars converge in such a way that 90% will choose one path, then there will be no problems. If not - the Bitcoin network can split into two or more chains. This means that investors in the wallet will have two bitcoins - old and new. Which one will cost more - no one knows, "explained Chobanyan.

Under the optimistic scenario, when up to 90% of the miners choose a single path, the Bitcoin price can "fly into space," he added..

The collapse of the course of the crypto currency expert explained the expectant position of investors.

"Everyone is waiting for this decision. Traders entered the dollar or other hard currencies. They wait until the system is sorted out with further development. If there is no bifurcation, Bitcoin will be preserved, new technologies will be introduced, then traders will return to the market and it will "go" to the top. There are no restrictions, "said Mikhail Chobanyan.

Recall, in April, the crypto-exchange community began talking about the possibility of a hypothetical split of the Bitcoin network into two separate chains. The stumbling block was the question of the size of the block, in which transaction data is recorded.

Supporters of Bitcoin Unlimited believe that the size of the block should be significantly increased and support the transfer of the decision on the size of the block to the miners themselves. This, supposedly, will smoothly reduce the load on the network.

The developers of Bitcoin Core are sure that increasing the block size with a high probability will result in the hard-core and the separation of the Bitcoin network into two separate circuits. They insist that the problem of the growing number of transactions and, the higher occupancy of the blocks, should be handled by modifying the code, which will allow some of the data to be recorded outside the main block, freeing up additional space.