Bitcoin Will Survive.. Yet Again.....

in bitcoin •  7 years ago 

I strongly feel bitcoin will survive this major hurdle and continue the uptrend ride to hit upto 10K$ per coin in the next couple of years.

Having said that now lets analyze the situations one by one,

  1. Lot of governments and corporates are starting to adapt to bitcoin
  2. Almost 50 percent of the mining power has already singnalled early SegWit2x upgrade
  3. Almost all the other alt coins are being traded in bitcoins along side usd
  4. And my assumption is the rest of the mining power will signal SegWit upgrade because they are solely dependent on bitcoin mining . And if bitcoin splits all the panic bears will eat away the value of the coin, resulting in total disaster. If Bitcoin drops mining will no longer be profitable and they have invested a lot on that.

Looking at all these bitcoin soon will rise exponentially..... What do you guys think... I am new to all this feel free to correct me if I am wrong.... :)

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I guess your right if SegWit /SegWit2x not go horribly wrong!
Hopefully everything works as intended but humans can make failures while developing in such a huge environment.

If SegWit works I see a bright future for BTC, if a hardfork happens ... nobody knows whats coming then, but It wont be good for btc ;P

Us : Hey bitcoin , its time for hardfork!!!
Bitcoin: Haha so funny. If Im going down Im gonna drag all the altcoints to die with me :P :D