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.
Any idea why they might want to try fork BTC? Is it because SegWit is just a temporary solution rather than a permanent one to most of BTC major issues?
Anyway didn't BBC just featured BTC on their main page and that might be part of the reason of the pump?