Bitcoin Forum

The news is that Segwit hit the 95% lock in just now.  Now just waiting until active. (5% more here plus 2016 blocks) [edit for clarity]

Yay  :D

100 blocks before technical lockin  ;)

https://www.xbt.eu/

Now this is the news we all(bitcoin community) wants to hear, the rising price shows that Segwit Locked in. Now the good days are coming when the price will touch the sky.

Was the dip today related to the segwit lock in? People speculating on some drama to prevent lockin at this moment?

Great news nonetheless. A big step forward!

I don't know, but the script versioning will be a huge step forward in capabilities available.

This is what we are waiting for. Now we can relax from those stressful  FUD news and watch bitcoin prices to shoot up :) I think its quite stable now but we expect more increase in the coming months.

This is not over yet, now miners might try to push a 2mb hardfork in November, and since this fork comes with no replay protection and has more support from miners and some businesses than Bcash, it might have a good chances of dropping Bitcoin's price in short term. So, stay tuned for the news, check what important people on both sides are saying and trade carefully, because we still might see some big volatility.

Well it has been known for a while that Segwit would most likely be activated.

that wasn't really a dip, it was more of a tiny correction in price and it was only because price has gone up about $600-$700 in less than 5 days! and there must be some correction after a crazy rise like that.
and surely enough there was, but in bitcoin a correction (when price comes down a little) will always cause some panic too (for no logical reason) so it becomes bigger than it should be before it bounces back up an back on track.
something like this: $2800 > $3490 > $3300 > $3380

Nice, welcome to future of bitcoins.

Yes,its only a temporary relief.But still,its good.There might be a chance of another critical situation in november which is slightly different from this situation as it has more miners support who had already signed in the new york agreement.Lots of FUD will be spread at that time to make bitcoin price fall.But we could hope that bitcoin would successfully overcome that situation also as it did during this hard fork.

It was just a formality. Even those miners who didn't agreed with the idea had to conform to the SegWit2x code. Else their blocks would have got rejected. I still don't know what the Core is going to do about this.

Since SegWit is locked, no stressful situations are foreseen yet, then the world of bitcoin will be bright and it will contribute to its further growth. I also do not think that in November the situation will be more complicated than it was on the first of August.

It will be.
The 2MB hard fork in November will theoretically have 92% of current miner support.
Now most pools won't follow through obviously but this split will be felt much more throughout the Bitcoin community as it will probably be divided more than ever.

However after some time people will make a choice and only the true Bitcoin will survive.

No. I believe it was traders cashing in. After a rise there's always a fall when a group of traders that bought late gets scared and starts selling. Usually it's close to round numbers like it touched 3500 and dropped again went close to 3500 and dropped. It couldn't get through it so it was a signal to test lower support. All normal and still bullish ;)

Just a minor correction. I thought that if the bull run continue, it could be a bubble because of how the price has skyrocketed in a few days.


It was indeed locked-in today. Now waiting for the activation. I don't believed that the locked-in has an effect of the price. Maybe someone who have bought bitcoin around ~$1900 just want to cash it out. Still at $3300 it is still holding which is a good sign. But I don't know if the market will continue to be bullish at this stage. The Segwit locked-in for me is already price in.

It was expected but it is still good to hear that it is finally happening. I hope this segwit delivers what we are all expecting from it.