Post
Topic
Board Bitcoin Discussion
Re: Recent Bitcoin pump
by
OROBTC
on 20/07/2017, 13:03:07 UTC
Right now we see a 10% pump of Bitcoin, anyone could explain me the reason? Isn't it going to dump this weekend?

Isn't it obvious? Where have you been for the last 3-4 months?

We are about to get segwit and this is the first time that we came so close. If we activate segwit, scaling debates will end for another 2-3 years. That's the reason.


At a minimum we *should* be OK until Nov/Dec when ChinaCoin/Ver/etc. might try to fork BTC again.  Still, I do not see their logic, they split BTC, everyone loses, everyone loses BIG, including them.

That also assumes SegWit implements OK and there a re no serious bugs.

Still, BTC just crossed $2500, up $150 since I woke up (visiting Europe).  Confidence is returning IMO.