Quote from: TomUyamot on July 22, 2017, 03:32:05 AM

Quote from: misterBLK on July 20, 2017, 04:19:31 PM

So we thought that the price will drop till august 1 but after today there wont be crashing anymore?The crash/dump is over?

The BIP91 is already locked in, that's why. With 90%, the SegWit2x is already the choice of the majority so even before August 1 there is already a decision as to which road to take. This gave the people a breather and successfully allayed their fears causing the market to jump really high in an instant. I think the price will still go up by implementation time.

This exactly. The price shot up quite a lot as soon as this news was put out. If we still didn't know what was going to happen, I would almost gurantee the price would still be dropping. People are more confident now and that's the reason for the price hike.