I must admit, I expected the BTC price to tank a little after the lock-in, but that didn't appear to be the case.
There have been some good opportunities to make (and lose) coins of late.
Topic: BIP 91 Lockin Leads Bitcoin Higher Despite Weekend Worries (Read 320 times)
If you are going to copy and paste news articles, at least give the sources.
https://cointelegraph.com/news/bip-91-lockin-leads-bitcoin-higher-despite-weekend-worries
https://cointelegraph.com/news/bip-91-lockin-leads-bitcoin-higher-despite-weekend-worries
Ah! Thanks to @Lutpin for the article link. With the news we get the clearer picture if BIP91. Well yeah this is the part of that month where all the investors has stopped panicking (lols) and the big decisions might have made internally so as to pump the bitcoin one more time. The 40% rise was natural because bitcoin dropped that much over the two weeks. Anyway we can see the trend by ourselves and news will be their to push always.
If you are going to copy and paste news articles, at least give the sources.
https://cointelegraph.com/news/bip-91-lockin-leads-bitcoin-higher-despite-weekend-worries
https://cointelegraph.com/news/bip-91-lockin-leads-bitcoin-higher-despite-weekend-worries
The recent lockin of the BIP 91 upgrade to the Bitcoin Blockchain has excited large numbers of otherwise nervous investors.
Miners were signaling 97 percent of as Friday, effectively locking in the BIP 91 solution, as well as Segregated Witness (SegWit).
The news sent Bitcoin price soaring.
Within 24 hours, the price had increased by nearly 40 percent on the week, with the good news signaling to investors that Bitcoin would continue to maintain its otherwise foolproof tech stability.
Other cryptocurrencies also took a hit, with Ethereum (ETH) and Litecoin (LTC) both having a rough week in terms of value.
However, some have continued to offer potential pitfalls, saying that there are still a number of hurdles to be jumped in order for the solution to be implemented.
As the weekend continues and the rally keeps its footing, the naysayers are likely to start dropping away. The value at press time is $2,791, nearly at its end of week peak of $2,813.
Investors should begin rejoining the bullish run-up, as the potential for infighting decreases and stability continues to mature.
Miners were signaling 97 percent of as Friday, effectively locking in the BIP 91 solution, as well as Segregated Witness (SegWit).
The news sent Bitcoin price soaring.
Within 24 hours, the price had increased by nearly 40 percent on the week, with the good news signaling to investors that Bitcoin would continue to maintain its otherwise foolproof tech stability.
Other cryptocurrencies also took a hit, with Ethereum (ETH) and Litecoin (LTC) both having a rough week in terms of value.
However, some have continued to offer potential pitfalls, saying that there are still a number of hurdles to be jumped in order for the solution to be implemented.
As the weekend continues and the rally keeps its footing, the naysayers are likely to start dropping away. The value at press time is $2,791, nearly at its end of week peak of $2,813.
Investors should begin rejoining the bullish run-up, as the potential for infighting decreases and stability continues to mature.
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