What we have just seen is the expected minor pump for the BIP91 most probable activation. Next step up is the shorts starting to be liquidated. In one... two... three

I am doing nothing, just listening "Despacito" song in a loop while watching the pump... perfect song for this btw

https://www.youtube.com/watch?v=kJQP7kiw5Fk

BIP91/Segwit looks like a sure thing now. With a big probability of being locked-in at first activation period ending in the next hours.

Impressive uh?

So predictible...

Where's everyone? Busy trying to chase price with limit orders that get left behind?

80.5% now and price rising along.

GBMiners also started signaling.

Except that this time what's on the table is only if we lock-in segwit by friday or by sunday. What we don't really know is how big will be the effect on price nor if it will be inmediate or along the next days, weeks, months.

My bet is that there will be a minor pump when the lock-in is a sure thing, then positive news will come out, more pump.... but still some fear until segwit is completely in place and demonstrates there are no standing issues.

Maybe enough to retest ATH by early August.

Anyway, the full effect of having solved the scaling debate will come in the after-summer mooning (september-december).

Or maybe not....

And when everyone was almost counting on a near-miss lock-in in this period, some minor pools join signaling and chances are high again. If f2pool joins too in the next few hours, it will be a sure thing. Otherwise, it will lock-in at second activation period (which is what was planned per the agreement).

Also, segwit2x (intention) has already risen up to almost 95%.

This is going to be a non contentious issue, and that's good for everyone.

Canoe has just started signaling. The others will come soon. Signaling was not suppossed to start that early. There's plenty of room and activation periods even if the first doesn't reach the threshold.

Everything is going smooth atm.

No need to panic. It will probably lock-in by sunday on the second activation period. Miners started signaling earlier. It should have been started at 21 july.

Wut? You mean the stolen funds are going to the same addresses as the one during the DAO hack? The black or the white ones?

They did the same with Litecoin, the first activation period after the agreement was a near miss. The price was basically following the signaling rate, so it dropped. Then when the hashrate was getting higher in the second activation period it started mooning. It was a funny rollercoaster.

In the case of Bitcoin another consideration is that miners have started signaling earlier than it was expected, 21 July. Bitfury has already said will start signaling tomorrow, slush too, and f2pool loves to troll and is not saying anything, but will most probably do the same as per the agreement.

There is still possibility of lock-in in this period, but I wouldn't count on it. Most probably the lock-in will come on sunday.

Better not to think about it considering theres nothing we can do about it

Anyway, I don't think that many of "them" are really using BTC1 but core+segwit2x patch, the wiser ones at least.

I am more concerned about f2pool trolling until the very last minute and that people takes as negative if this first activation period doesn't reach lock-in. It should be irrelevant considering the second one is just two additional days but you never know... people uses every excuse to be scared.

Being so close to 80%, even if the lagging pools join the signaling for last few hours should be enough to reach the goal.

That seems reasonable (the BIP91 prediction, not the mcafee issues), in Litecoin there was a near-miss on first activation period after the agreement. The price was going up and down all the time according to the signaling hasrate and the probability of lock-in... until the lock-in was a sure thing and there came the bigger pump. Then the positive news... more pump.

In the case of Bitcoin, which has a wider news coverage, the positive news after lock-in could have an even bigger impact on price.

If F2pool starts signaling soon within this activation period it will have many chances to be locked in early, before friday morning. But that Wangchun guy loves to troll so who knows.

$2500+ today?

BIP91 is already over 80% and Bitfury, Slush and F2pool should start signaling soon. If all goes well, we will have Segwit locked-in by Friday morning.

P.S.: 110BTC sell wall at 2400 on Bitstamp

Ten blocks till the start of next BIP91 activation period... everybody waiting for wangchun and slush.

There are many things way more expensive than 1 KG silver bar in a home. In fact it would be great if they just take the silver and run.

Yep, as a novelty item a 1Kg bar is awesome. But 1KG of gold is a bit expensive to me just as a decorative item. On the other hand 1KG silver bar is only a bit more than 1/4 BTC.

It's funny that some time ago I was thinking about buying PM's... but after all the reminders r0ach was constantly doing here it made me seriously think and research about it and then I realised it was a really bad idea. The transaction costs are astronomical, the liquidity almost non existent if you want something close to spot price, the storage and mobility is cumbersome....

I did buy more BTC instead. Thanks r0ach!

P.S.: Anyway I still think I will buy one 1KG silver bar before end of year just as a decorative thing or for paperweight usage. I will put it right in front of my zimbawean dollars.

344BTC Bid wall at 2034.99€ on Bitstamp KRAKEN

No, it was YESTERDAY question. Today it has been answered by current price.