Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Price Prediction: Bitcoin Core Update Makes BTC Cheaper & Faster
by
mrbnson
on 27/02/2018, 16:23:23 UTC

Source...   https://goo.gl/grSGCq


Bitcoin prices took a giant leap past $10,000 in the trailing 24 hours. One interesting development transpired during this period that may have rejuvenated investor interest in BTC. The new Bitcoin update has finally been released.

We informed our readers a week ago about the impending launch of Bitcoin Core version 0.16.0 and explained why it improves Bitcoin’s utility as an alternative to fiat currency.

The biggest change is Segwit but this has already been fairly operational and that's why transaction costs and times have come down a lot in the last months. I don't think that this has much to do with the price surge, I think it's mostly just that there was a lot of support in the low 9000s and investors may be taking that as a new bottom. There was also promising news about Circle buying Poloniex as they are backed by Goldman Sachs