RE: Bitcoin again on the rise, will we see a new ATH this year???

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Bitcoin again on the rise, will we see a new ATH this year???

in bitcoin •  8 years ago 

Easily ATH and pretty soon. Will it hold with community engaged in scaling debate dysfunction and spreading FUD? It's amazing that it is doing this well IMO.

Predictions: If SegWit fails and BU forks BTC, we're fucked for a good while. If Both scaling schemes fail and Bitcoin ETF's are denied by SEC, sell off likely, but probably not "2 years in the desert" like Mt Gox. If SegWit goes live and ETF also, well, Moon rockets engaged. Of course, that would bring lots of govt attention. Now way we're landing on moon without a drama and nail biting edge-of-seat action.

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True. Problem is there are too many big ego's if you ask me.
Blocks size need to go up to continue go up else the usability of BTC fails.

ETF is not a thing I consider mandatory at the moment. Segwit however is.

The 'blocks are too full' yet miners will make empty or scant blocks. I understand 'promises' were made at Asian conference... but ASICBOOST puts a new light on things. Even w/o that revelation, I think smart design must put efficiency before size. To do otherwise is painting oneself into an eventual very tight corner.

The segwit operation is the only thing that can stop the bitcoin rise. I do hope we finally get a acceptable solution for miners, tradeers and users.

I think coordinated govt crackdown could drive cryptocurrencies underground, with a big reset on price. Not a permanent 'solution' though. I'm sure other attacks are possible too. But this is a new invention and you can't kill an idea who's time has come.

Reading your first sentence, are you saying SegWit will hurt Bitcoin?