[The new code update called BIP 91 has been locked in with 93.8 percent of miners showing support for the proposal in the last 24 hours, according to Coin Dance, a site which tracks bitcoin blocks.It is essentially a software update that miners need to run. So 93.8 percent of miners are signaling their intention to run it.There will now be a two-day grace period for miners to prepare for the activation of BIP 91. Following that, there will be an adjustment period which could take two weeks. The actual increase of the block size might not take place until November.]

Bitcoin nears record high price after 'milestone' in fierce debate over its future

The price of bitcoin traded near its all-time high.
A key milestone in the so-called "scaling debate" which has been consuming the bitcoin community was reached.
But some in the bitcoin space said there are more hurdles to jump over yet.

What's been going on?

Within the bitcoin community, a so-called "scaling debate" has been going on. There is a big backlog of transactions on the bitcoin blockchain — the technology that underpins the cryptocurrency. That's because the bitcoin code only allows a certain number of transactions through in one "block".

What next?

The new code update called BIP 91 has been locked in with 93.8 percent of miners showing support for the proposal in the last 24 hours, according to Coin Dance, a site which tracks bitcoin blocks.

It is essentially a software update that miners need to run. So 93.8 percent of miners are signaling their intention to run it.

There will now be a two-day grace period for miners to prepare for the activation of BIP 91. Following that, there will be an adjustment period which could take two weeks. The actual increase of the block size might not take place until November.

And there could be some potential issues. For example, one bitcoin developer Bryan Bishop, said that miners might not upgrade their software, even though they are signaling that they will.

So whats you stats saying? in how many days it will cross $3000btc
as far as 1st august is coming the bitcoin is rising. it seems that it will be at $5000 after 1 Aug

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If you had your payment in BTC, would you cash out your money or you would wait increasing of cryptocurrency?

eah already are doing isn’t? I think they can very much co-exist and not just these too. I completely believe that down the line in next 3-4 years, I will be 10-15 Crypto Currencies that will be fighting for the top spot, so they all will co-exist and there is no reason why they can’t. The market is so big that it’s easy.

What will happen to Bitcoin after August 1st?
Due to all news what do you think?

The good news is that each bitcoin would effectively be copied to both chains. If you hold bitcoin right now, you will hold both 148 BTC and Legacy BTC after the split.

The bad news is that this coin-split can be messy and risky. And if you’re not careful, you could lose funds.
First off, be aware that a chain-split create a high-risk situation. There is a chance that some sort of cyber-battle will break out between the two camps, perhaps even escalating to the point where bitcoin’s exchange rate(s) drops sharply, possibly to zero. Make absolutely sure you are not holding more value in bitcoin than what you are willing to lose.

If you do decide to hold onto your bitcoins, the single most important piece of advice is this: Ensure that you control your own private keys.

today i sold my bitcoins because the bitcoin is droping day by day,, dont know when it will rise again, i want to know what is the good time to buy bitcoin??

TRADERS are warning that Bitcoin could crash this week amid a schism over how the hugely volatile cryptocurrency should operate.

Bitcoins price is going down every hour , what do you say about this?

I send a payment to a client and it has almost been 2 hours and i still got 0 confirmations. i am using coinbase wallet

Can someone help me whats going on?

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