Segwit is comming soon, only a matter of time we explode to 1000+ - page 4.

Kprawn

legendary

Activity: 1904

Merit: 1074

SegWit will address some of the issues, but the real push will come from the LN in my opinion. Let's just hope every angle is covered with

this and no exploits are possible after it's implementation. They have had enough time to make it rock solid. I predict a small price

increase to about $700 after this implementation, because it will add some extra publicity and exposure in mainstream media. Roll Eyes

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Dunno about price but it's a very significant shot in the arm for future potential. If there was nothing of the type on the horizon then Bitcoin would appear a lot less appealing to many, myself included.

I'm dead curious to see what a functioning lightning network is going to look like. Will it be painfully clunky or a smooth running dream?

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: Dafar on September 28, 2016, 11:28:19 AM

1000+ with segwit alone?

I don't think so.

Segwit, while a great step forward, as far as I know won't completely solve the scaling issue. We need a consensus reached overall so there are no more bad actors and uncertainties of a HF, plus an ETF approved... then we'll see $1000+

SegWit alone will probably not push the price up that is true.
But it's a great step in the right direction.Furthermore Bitfury announced that they together with Acinq have made great progress in the lightning network routing.

https://medium.com/@BitFuryGroup/bitfury-lightning-network-algorithm-successfully-tested-935efd43e92b#.awpe9sv9z

Quote

ACINQ’s team, using the specifications set out in the white paper, coded a payment routing algorithm and tested it with 2,500 AWS nodes. After their
tests, ACINQ discovered that the proposed Flare algorithm was able to find a payment route in about .5 seconds with a probability of 80 percent.

This all took/takes some time but it more and more looks like it will pay off.

~Bitcoin~

legendary

Activity: 994

Merit: 1000

I don't think segwit alone have enough fuel to pump the price that high. However we may see some positive movements in markets but still unpredictable one.

rockstar338

newbie

Activity: 42

Merit: 0

I dont think bitcoin will go that easily to 1000$. There need to happen alot more

Meuh6879

legendary

Activity: 1512

Merit: 1012

Much much much moARRRRR !

Dafar

legendary

Activity: 1330

Merit: 1000

dafar consulting

1000+ with segwit alone?

I don't think so.

Segwit, while a great step forward, as far as I know won't completely solve the scaling issue. We need a consensus reached overall so there are no more bad actors and uncertainties of a HF, plus an ETF approved... then we'll see $1000+

thejaytiesto

legendary

Activity: 1358

Merit: 1014

Segwit is getting activated really soon now, 0.13.1 is only weeks away:

https://twitter.com/bitcoincoreorg/status/780798709210746880

It's going to be great and it will translate in the price sooner than later, get ready.

Topic: Segwit is comming soon, only a matter of time we explode to 1000+ - page 4. (Read 3800 times)