Post
Topic
Board Bitcoin Discussion
Re: Taproot will follow segwit pump
by
Wind_FURY
on 09/11/2021, 06:32:17 UTC
I believe it did have an effect on the price. Because before Segwit was a long debate called the scaling debate which had the community divided, and anti-Bitcoiners were attacking Bitcoin. The direction of Bitcoin might have been a little questionable. Segwit’s activation through a UASF closed all questions.

But, I am not seeing any big debate is going on right now in bitcoin communities hence what kind of effect we could expect along with this taproot upgrade? I read few such upgrade on some altcoins and they experienced pumps and dumps as well (when we are having multiple upgrade scheduled then people I may start ignoring).


Before you post, read through the topic and get the context. I said Taproot upgrade MIGHT be priced in because compared to the Segwit upgrade, Taproot doesn’t have much attention from the community like Segwit had.

Then someone posted that Segwit did not have much effect on the price, which I simply disagreed.

Quote

I agree bitcoin ecosystem is not having any frequent major upgrades. So we may expect some strong bull run which will be triggered by this taproot upgrade.


Or it might already be priced in. But I will be wrong, and my plebness will show again. Hahaha.