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Bitcoin is expected to 'fork' today, and its price could take a dramatic hit — here's what that means

A fork would split bitcoin in two. Here's what could happen to bitcoin's price and future.

Amanda Beams (L) and her husband Dale Beams, from Winkleigh, Australia compete in the Jack and Jill double buck event during the Lumberjack World Championships in Hayward, Wisconsin.

Bitcoin users have found themselves in the middle of a civil war as developers and miners have disagreed over the future of the cryptocurrency.

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Forks have occurred in cryptocurrencies before. Bitcoin's rival, Ethereum, experienced its own fork in 2016, eventually leading to the creation of the form of the cryptocurrency we know today.

As for how bitcoin will respond to Tuesday's decision, no one knows. But the majority of bets placed on the event are predicting the price will fall from here. Of the 470 people who bet on the event on Bodog, "

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