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Author Topic: In about 8 days Bitcoin will finally lock in SegWit  (Read 1461 times)
d5000
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August 03, 2017, 07:18:01 PM
 #21

What i read was that Segwit will lock in at about august 10? Is that right?

It's August 8 or 9. You can see a countdown here: xbt.eu. Their exact estimation is:

Quote from: xbt.eu
Lock-in threshold expected at ≈Tue, 08 Aug 2017 19:11:58 GMT

I don't think there are yet many big blockers who are making trades in the market until it could be completed.

You could be right, maybe big blockers are waiting with the BTC dump until a higher price has been achieved because of the Segwit lock-in. That would be a "smart" move from them - it would mean that they are not trying to harm Bitcoin but to get maximal profit. Totally legit if you ask me.

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ThunderCatSteve
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August 04, 2017, 08:19:24 AM
 #22

.. a step forward we waited for more than 2 years to see!

And what do brave bitcoiners do? They mourn about a new Altcoin.

What a joke.
People can make everything joke if they cannot do something own. So I would like to say that you should need to learn and practice there idea as well because it would be more helpful to you because if they made an idea about new altcoin why you cannot make a new altcoin? Bitcoiners are too fastest people on the earth they know how to earn money.
Nivir
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August 04, 2017, 09:22:14 AM
 #23

Yes people do make a joke out of a coin that's new and most specially it came from bitcoin it was a split from bitcoin, of course those die hard bitcoiners would make a fuss about the coin.
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August 04, 2017, 10:22:22 AM
 #24

Progress at last, here's hoping 2x gets honored in a few months!
No, this just is Progress at last of lock-in SegWit (BIP148) and is beginning the process active SegWit of Bitcoin System 100% until November 15th. You can check the schedule SegWit on Coindesk.




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el kaka22
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August 04, 2017, 08:19:01 PM
 #25

.. a step forward we waited for more than 2 years to see!

And what do brave bitcoiners do? They mourn about a new Altcoin.

I also am looking forward in an optimistic way because of Segwit - although my favourite scaling solution is not Lightning but the "Drivechain" mechanism (or, alternatively, extension blocks).

But I think the continuously high price shows us that not many Bitcoiners are really "mourning" - aside from some forum drama queens Wink The buy pressure is high despite some big blockers dumping their BTC.  And it looks like the big money is waiting to jump in (or already jumping in): In the German marketplace Bitcoin.de, for example, after BIP91 got locked in the amounts of the buy orders rose to record level. I expect that to happen again - at all exchanges - when the Segwit blocks are nearing the 95% threshold.

Currently from what I'm seeing also, bcc and btc are still in a high number especially bcc that is still unstable. What i read was that Segwit will lock in at about august 10? Is that right? so I don't think there are yet many big blockers who are making trades in the market until it could be completed. And if so i think altcoins now also will make there move.
BCC will take a time because it is going to be stable in a month because it has proved by bitcoin and it will be most amazing changes and opportunity to people to have bitcoin cash because that project may lead bitcoin to $10,000 USD soon because as the current market statics are showing so I would like to say that yes it will lead the market.

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d5000
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August 05, 2017, 01:50:57 AM
 #26

My theory about the current price upswing to $2800+:

The Bcash fork has passed and nothing dangerous has happened - we simply have a new altcoin now - and so traders and investors are again concentrating on the great event that lies before us: the Segwit activation.

Confidence is coming back. I think we are now entering a kind of "buy the rumours" phase, because it is becoming so unlikely that BIP91 will be reversed that we practically "already have segwit (almost) for sure", although it is still not locked in.

I expect a slow, but continuous price increase and a new attack to the ATH, maybe Monday or Tuesday, but even at the weekend it's possible Wink

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