With the rise in bitcoin prices now when I made this topic has reached the price of 2769 USD, my hope can be translucent 3500 USD until the end of the year.
How do you respond about it, can or not bitcoin will reach that price?
As of the time of this post, the current price of Bitcoin is at 2865 USD. Meaning we are very close in reaching that price and we could go there anytime soon. I thing that we will penetrate that price withing a month or two and will surpass that before the year ends.
The price is really going strong as of the moment. $3000 first should be the target, resistance going and sustaining that price is so strong based on the experience when we touch it. People quickly sell some portion of their stash once they saw the price climb to $3000. But once we got over this barrier and sustainable then we can set our eyes on $3500-$4000. Let's wait till it goes to $3000 and see how the market reacts.
$2860 right now and bitcoin continue to fluctuate, we have segwit be activated within a week maybe or segwit2x will be another chain split.
So, there are some problems which inhibits bitcoin growth and mostly because debates and drama to solve scale problems.
However, if segwit be activated and no need to do hard fork, then bitcoin could reach over $4000 by the end of this year obviously.
SW lock-in this period? Probably.
Period ends at ≈Wed, 09 Aug 2017 08:27:20 GMT.
Lock-in threshold expected at ≈Tue, 08 Aug 2017 17:47:20 GMT.
Next period ends at ≈Mon, 21 Aug 2017 16:08:20 GMT.
711 blocks before current lock-in period ends. Still
611 blocks needed for a lock-in.
100% SegWit blocks mined in this lock-in period.
https://www.xbt.eu/This will probably a close call because there are still 611 blocks needed. It is still on schedule, but we all know that there are a lot of drama again, we will have to wait and see then.