There has a been a huge discussion on Bitcoin's Scaling, since Last 2 years. This Debate has now entered into a Very Crucial Phase.
BIP148 and SegWit2x are the most famous scaling proposals in the News and aim to Begin Segregated Witness i.e. SegWit Activation within 30 days.
Risk Involved:
Bitcoin might Split. There are chances of BIP148 and SegWit2x diverging from Existing Bitcoin Protocol.
Important Dates - A True Bitcoin Enthusiast should not Miss these!!
July 14, 2017: BTC1 Deployment
July 21, 2017: BIP91 Signaling to Start
July 23, 2017 (at the earliest): BIP91 Lock In
July 25, 2017 (at the earliest): BIP91 Activation
July 29, 2017: BIP91 Deadline
July 31, 2017: BIP141 Deadline
August 4, 2017: Potential Bitcoin ABC Launch
August 15, 2017: Potential BIP148 Proof-of-Work Change
Mid- to late- August, 2017: SegWit Lock In
Late October to Mid-November, 2017: SegWit2x Hard Fork
You can Read the Complete Story at https://bitcoinmagazine.com/articles/countdown-segwit-these-are-dates-keep-eye/
Bitcoin Price in Last 30 Days:
- Lowest Price in 3 Months: 2427.85 USD.
- Highest Price in 3 Months: 3018.10 USD.
- Price Today: 2502.11 USD.
Other Insights:
Hashing Algorithm: SHA-256.
Market Cap of $41,120,738,674.97. Huge, isn't it?
Official Page: http://www.bitcoin.org
Facebook Likes: 32583
Twitter Followers: 229544
Reddit Subscribers: 255928.0
Average Users Online at any point of Time: 3396.0 i.e. Huge. Right?
- I would Love to Read your Reaction/Opinion on the same.
- Please Vote Up/Comment/Resteem to spread the Love for Bitcoin and for @steem-god Blogging Style.
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Note: I do a Great Research before making any Announcement about the Prices and Future of any Altcoin. Also, I Listen to Everyone, but I Trust Nobody. Listen to my Announcements, Do your Research based on it and Invest Wisely. Success shall be Yours :)
Very valueable content thank you very much :)
@rekaa
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How are they still calling it BIP91 if they have changed the code? It's not a clean SegWit anymore.
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you can read about it at https://bitcoinmagazine.com/articles/countdown-segwit-these-are-dates-keep-eye/
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There is nothing in this article indicating how Garzik actually changed the BIP91 code. But he did.
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This comment gets a 0.02 % upvote thanks to @steem-god - Hail Eris !
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What concerns me is not the distant future, it´s the present moment, it´s right now. I´m confident BTC will reach the U$ 3000, than U$ 4000, 5000 and so on eventually, regardless of the result of August 1, but those results will be important to determine how fast these values can be reached.
We are getting closer and closer to this day, and there are still a lot of uncertainties, no one knows what will happen, i do think BTC will suffer a considerable fall as we get closer to this date due to all these doubts. I´m considering selling all my BTC, so i could rebuy when things settle down, or if the price indeed falls i could rebuy at lower price. Thing is if i sell now i would lose money, something like 10% of the capital invested, so I´m not really sure.
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@chris77d .. good luck with this friend .. do let me know about how it goes for you :)
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Great post. In what direction do you think that the price will go since 1 August? :D
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I guess definately down
cheers @rekaa
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Let's hope not because it will drag down the STEEM price as well.
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Lets call it sale $$$ :)
But after that it might rise a lot
@rekaa
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@guyfawkes4-20 .. i think the price will consolidate and might even drop to $2000/BTC.. then it might try to stabilize itself .. and may increase after hard fork and we might see newer heights like $4000 around Christmas :)
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Nice. Chirstmas is a long time away but no problem. I can wait :D
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This comment gets a 0.02 % upvote thanks to @steem-god - Hail Eris !
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I thought there was only 1 date: 1 August 2017. Apparently, there is a lot more to it. Thanks for informing us
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@wekkel .. my pleasure friend ... @steem-god takes pride in spreading love for cypto and steemit :)
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Bitcoin Apocalypse
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This post has received a sweet gift of Dank Amps in the flavor of 8.33 % upvote from @lovejuice thanks to: @steem-god. Vote for Aggroed!
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