Unless you're one of those who actually sided with the likes of Snowden who thought taproot was a bad thing for Bitcoin privacy -- in which case this would be a bad thing. Not that speculators care either way. Indeed, cue 2017 reminiscing when big blockers were saying Segwit was a bad thing too -- speculators, for all they're worth, will side with the "right" chain and that, for all purposes, is the majority.
Now that coincides with Marathon's abandonment of Bitcoin block censorship, so yeah, more points of FUD taken down. Nice.
Topic: Taproot lock-in FOMO is coming(?) - page 2. (Read 286 times)
Bitcoiners are really happy to see those green blocks, but MARA pool isn’t happy with taproot
it doesn't matter because there is always one pool (sometimes more) that aren't signalling for a fork. it happened in all previous forks but the majority always pushes forward.
in this case we have ALL pools except one signalling so technically that should be 99% while we only need 90% to activate.
Because of taproot lock-in only? No way!
no not just because of taproot lock-in just as the drop wasn't just because of Elon Musk tweet. it is a push in the right direction. price wasn't able to surpass $70k so it dropped below $60k then the FUD began and pushed it in downward direction.right now price wasn't able to go below $30k so it went back up. a small push past certain level and it will reach $70k in a very short time.
lest we forget how 2017 was.
i have a good feeling that the timing is also perfect because the accumulation after this panic sell is going to be over by that time and the FOMO can start.
2 weeks from now we could be sitting at $70k.
2 weeks from now we could be sitting at $70k.
Because of taproot lock-in only? No way!
We're already above the 90% levels and everyone who gives a damn about the technicalities knows it will happen, the masses don't even know what taproot is, for them Kim K. wearing a BTC necklace will be more bullish.
FOMO usually comes from big news and unlike altcoins, wherein a simply tweet from devs or at least a supposedly new version or iteration is coming, will really push the price of that coin to the next level, I doubt that it will have the same impact in bitcoin about Taproot or any similar releases in the future.
i have a good feeling that the timing is also perfect because the accumulation after this panic sell is going to be over by that time and the FOMO can start.
2 weeks from now we could be sitting at $70k.
2 weeks from now we could be sitting at $70k.
Because of taproot lock-in only? No way!
We're already above the 90% levels and everyone who gives a damn about the technicalities knows it will happen, the masses don't even know what taproot is, for them Kim K. wearing a BTC necklace will be more bullish.
I've started to see this trend of improvements to the coins and even clear business acceptance in case of altcoins are not moving the market even one bit, probably there needs to be something bigger, something official, I sincerely don't see a way of breaking this trend with internal developments only. And besides, the improvements will mainly come for usage, and the new wave of investors are not really looking at BTC from the usage point of view.
There will be no taproom lock-in FOMO. Global markets have basically moved on from bitcoin because of its death.
I'm pretty sure that Taproot has been priced-in for a long time, it was always clear that it will get accepted by miners, there wasn't any opposition to it.
Anything can happen with Bitcoin, but for now such probability seems extremely low. The general sentiment is leaning towards bearish and Bitcoin failed to break past $40k and now $38k resistances. This "dip" is not being bought very actively.
i have a good feeling that the timing is also perfect because the accumulation after this panic sell is going to be over by that time and the FOMO can start.
2 weeks from now we could be sitting at $70k.
2 weeks from now we could be sitting at $70k.
Anything can happen with Bitcoin, but for now such probability seems extremely low. The general sentiment is leaning towards bearish and Bitcoin failed to break past $40k and now $38k resistances. This "dip" is not being bought very actively.
That would be amazing to see it goes $70k within 2 weeks. It's like a hit to those all of the FUD spreaders that has been too bearish already for bitcoin when they've started to see it plummets.
I hope that we really see some positive reaction when it comes.
I hope that we really see some positive reaction when it comes.
Bitcoiners are really happy to see those green blocks, but MARA pool isn’t happy with taproot as 9 blocks aren't provided signal bit, 3 out of those 9 were from MARA pool and 2 blocks from ark pool. Though those pools are providing signal bit on other blocks which is confirmed by those pools, but it's concerning everyone. Lets see they'll be doing this or not as many users already made memes on it. TBH, it'll sure to create fomo and just wait for the $42k level to be crossed and it'll gear up. 
2 weeks from now we could be sitting at $70k.
Indeed, Taproot lock in should happen in less than 2 weeks. And indeed, at the current state of the market, it could be just the news we need to make it move in the right direction.
On the other hand, I fear that it might just not be enough, especially as Taproot will become active only in... November.
So as much as I'd love to see you're right, I'd love to see some other good news too and maybe together they'll give the market the kick it needs.
yeah but being locked-in means there is no longer a way back and it will activate no matter what because it will be part of the consensus rules and is going to be enforced by all the bitcoin nodes and miners that have upgraded and accepted the fork.
i've seen the market get excited for things that were far less significant and not as interesting.
2 weeks from now we could be sitting at $70k.
Indeed, Taproot lock in should happen in less than 2 weeks. And indeed, at the current state of the market, it could be just the news we need to make it move in the right direction.
On the other hand, I fear that it might just not be enough, especially as Taproot will become active only in... November.
So as much as I'd love to see you're right, I'd love to see some other good news too and maybe together they'll give the market the kick it needs.
$70,000 in 2 weeks?
I dunno about that but I sure hope so. We could really do with some positive news to start us pumping again. The last couple or weeks have sucked man.
I dunno about that but I sure hope so. We could really do with some positive news to start us pumping again. The last couple or weeks have sucked man.
for those under a rock who don't know there is a soft fork coming to bitcoin to activate Taproot and improve bitcoin scripts (smart contracts) and privacy and also scaling.
the signalling was started last month and surprising enough in this period almost all miners are signalling for Taproot activation already (370 out of 378 according to taproot.watch website which is 97.88%).
if this continues (which it most probably will) Taproot is locked-in in about 11 days.
i have a good feeling that the timing is also perfect because the accumulation after this panic sell is going to be over by that time and the FOMO can start.
2 weeks from now we could be sitting at $70k.
the signalling was started last month and surprising enough in this period almost all miners are signalling for Taproot activation already (370 out of 378 according to taproot.watch website which is 97.88%).
if this continues (which it most probably will) Taproot is locked-in in about 11 days.
i have a good feeling that the timing is also perfect because the accumulation after this panic sell is going to be over by that time and the FOMO can start.
2 weeks from now we could be sitting at $70k.
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