Post
Topic
Board Speculation
Re: This is the bull run that doesn't end..
by
MingLee
on 05/10/2016, 19:19:25 UTC
It can't be, because the current implementation can't handle mass adaption right now.

We can barely even handle the current traffic because of that stupid arbitrary 1 MB blocksize limit that serves no purpose other than to clog the network.

Once that problem is dealt with, we might see a real bull run.

I heard the SegWit will be released soon. So maybe in a year, the block size will be good enough for mass adoption.

With the new segwit implemtatoin and november ahead we may be in for a treat. Although I am not sure at what time they actually will decided to launch it.
The more times it takes, the better and less the impact will be.

Why Novemeber is so important? Will the SegWit be released at the time?
Maybe he is relaying in the old graph when the price of bitcoin is increase high and never experience by others.. november or december is one of the good month i just relying too in the last year graph..

In November and December last year, the price rose quite a lot. It might happen again this year.
The potential definitely does exist, however we have to see if the market wants to put on a repeat performance. Last year might have been a special scenario, considering we were sitting below $400 for most of the year. While I don't think you're 100% wrong, I'm still skeptical.