price after segwit?

[thecodebear]

So segwit will supposedly be activated this Fall right? This should mean blocks are no longer near full, transaction fees go back down to hopefully 10 cents or so, and sending bitcoin will go back to taking tens of minutes instead of hours.

What will all this do to the price?

Will this first step in scaling be the sign investors need to really start jumping in on Bitcoin? Will it be the sign the USA SEC needs to approve the Bitcoin ETF, allowing people to invest in bitcoin more easily?

Assuming bitcoin growth slows down this summer, will segwit create another boom this Fall like we've had this Spring, sending bitcoin possibly close to $10,000 by end of year?

Whatcha think?

[1714278089]

1714278089

[1714278089]

1714278089

[evilgrin]

Once Segwit locks in, money comes in immediately because direction forward is known. Im pro Segwit, but the main thing holding big money out if Bitcoin is uncertainty of direction. I think we have a good chance of seeing 5k before Segwit. Bunch of weird things will drive up price, including money moving off exchanges.

[Dmitry.Vastov]

Im on segwit. But i think miners don't agree with that. They are greedy as hell. That's why segwit still not activated. This shoud be activated a long time ago. But they are blocking it by not voting for it. This time, they will be force to activate segwit because the problem is getting worse. High fees could kill bitcoin. And segwit i think is the only way.

[unamis76]

So segwit will supposedly be activated this Fall right? This should mean blocks are no longer near full, transaction fees go back down to hopefully 10 cents or so, and sending bitcoin will go back to taking tens of minutes instead of hours.

Sending Bitcoin is and will still be instant. However I do agree we need fees like they used to be... We're yet to see if SegWit will provide such.

What will all this do to the price?

If price is the only thing you want to discuss, then it's maybe better to have this on the speculation section I think. Anyways, if what happened on other coins applies to Bitcoin, the price will go down, at least for a few days... Which is great as I'll be able to get cheap coins

[Tyrantt]

Am  I the only one here that doesn't mind paying a little higher fees? I mean I wouldn't mind fees going back as they were.

Once Segwit locks in, money comes in immediately because direction forward is known. Im pro Segwit, but the main thing holding big money out if Bitcoin is uncertainty of direction. I think we have a good chance of seeing 5k before Segwit. Bunch of weird things will drive up price, including money moving off exchanges.

Pretty much, we've had almost 100% rise in the price since two months ago and this price even exceeded my expectations. Of it continues like this, we might see unleast $4k before SegWit implementation.

Im on segwit. But i think miners don't agree with that. They are greedy as hell. That's why segwit still not activated. This shoud be activated a long time ago. But they are blocking it by not voting for it. This time, they will be force to activate segwit because the problem is getting worse. High fees could kill bitcoin. And segwit i think is the only way.

well I understand them, and I believe most of us would b doing the same thing if we were in their position, so I don't blame them that much but the segwit implementation is inevitable.

[CoinCidental]

Once segwit is locked in, the price will double faster than you can get money sent to an exchange...
Uncertainty is the enemy of all investments, take away the uncertainty and the whales will come back in, half the people that got bored and bought eth will come back to daddy
If you are low on btc buy them now!

In  two weeks you will have to pay 5k+ if  you don't buy  now

[RoommateAgreement]

without SegWit price is rising to the moon, currently we are close to $3000.
and the demand is strong.

now imagine when SegWit activates and all the things you said come true. no more large backlog, no more higher fees, and no more delays. first thing that will happen is that all the money that went into altcoins will come out with their bubbles bursting. second thing is people who were a bit uncertain will come back and invest. the previous growing demand is also there.

in short if price is not going to $3000 with SegWit it goes to $6000

[ImHash]

without SegWit price is rising to the moon, currently we are close to $3000.
and the demand is strong.

now imagine when SegWit activates and all the things you said come true. no more large backlog, no more higher fees, and no more delays. first thing that will happen is that all the money that went into altcoins will come out with their bubbles bursting. second thing is people who were a bit uncertain will come back and invest. the previous growing demand is also there.

in short if price is not going to $3000 with SegWit it goes to $6000

Being optimistic very much eh? the reason price is increasing like never seen before is because of the banks blocking some of the major exchanges accounts and their clients accounts as well, I predict the price to drop when they solve their issues, and again price being on the move towards $3500/$4500 after segwit is activated.

[X-ray]

So segwit will supposedly be activated this Fall right? This should mean blocks are no longer near full, transaction fees go back down to hopefully 10 cents or so, and sending bitcoin will go back to taking tens of minutes instead of hours.

What will all this do to the price?

Will this first step in scaling be the sign investors need to really start jumping in on Bitcoin? Will it be the sign the USA SEC needs to approve the Bitcoin ETF, allowing people to invest in bitcoin more easily?

Assuming bitcoin growth slows down this summer, will segwit create another boom this Fall like we've had this Spring, sending bitcoin possibly close to $10,000 by end of year?

Whatcha think?

I think if that will not have a lot of difference with litecoin. But if the segwt of bitcoin will be implmented and it will bring back the lost demand of bitcoin. i mean those are using the litecoin and doge will back for using bitcoin again.

[Jon Connor]

without SegWit price is rising to the moon, currently we are close to $3000.
and the demand is strong.

now imagine when SegWit activates and all the things you said come true. no more large backlog, no more higher fees, and no more delays. first thing that will happen is that all the money that went into altcoins will come out with their bubbles bursting. second thing is people who were a bit uncertain will come back and invest. the previous growing demand is also there.

in short if price is not going to $3000 with SegWit it goes to $6000

Being optimistic very much eh? the reason price is increasing like never seen before is because of the banks blocking some of the major exchanges accounts and their clients accounts as well, I predict the price to drop when they solve their issues, and again price being on the move towards $3500/$4500 after segwit is activated.

what banks? and what exchanges? I haven't heard this theory before as a factor for the price increase of BTC. 

[thecodebear]

without SegWit price is rising to the moon, currently we are close to $3000.
and the demand is strong.

now imagine when SegWit activates and all the things you said come true. no more large backlog, no more higher fees, and no more delays. first thing that will happen is that all the money that went into altcoins will come out with their bubbles bursting. second thing is people who were a bit uncertain will come back and invest. the previous growing demand is also there.

in short if price is not going to $3000 with SegWit it goes to $6000

Being optimistic very much eh? the reason price is increasing like never seen before is because of the banks blocking some of the major exchanges accounts and their clients accounts as well, I predict the price to drop when they solve their issues, and again price being on the move towards $3500/$4500 after segwit is activated.

what banks? and what exchanges? I haven't heard this theory before as a factor for the price increase of BTC. 

yeah thats because it isn't true. It was happening in China, but that got resolved recently. And it wasn't inflating the price, it was keeping it down. China started helping to push Bitcoin up again when China opening back up their exchanges for withdrawals.

[jubalix]

i dont think it matters anymore, the important thing is the dev failed to happen in a timely manner.

In tech that is death. It has allowed ETH and some alts to take the crown or at least undercut the once though unassailable position of BTC

[JakaE]

without SegWit price is rising to the moon, currently we are close to $3000.
and the demand is strong.

now imagine when SegWit activates and all the things you said come true. no more large backlog, no more higher fees, and no more delays. first thing that will happen is that all the money that went into altcoins will come out with their bubbles bursting. second thing is people who were a bit uncertain will come back and invest. the previous growing demand is also there.

in short if price is not going to $3000 with SegWit it goes to $6000

Being optimistic very much eh? the reason price is increasing like never seen before is because of the banks blocking some of the major exchanges accounts and their clients accounts as well, I predict the price to drop when they solve their issues, and again price being on the move towards $3500/$4500 after segwit is activated.

what banks? and what exchanges? I haven't heard this theory before as a factor for the price increase of BTC. 

yeah thats because it isn't true. It was happening in China, but that got resolved recently. And it wasn't inflating the price, it was keeping it down. China started helping to push Bitcoin up again when China opening back up their exchanges for withdrawals.

I think he was talking about Bitfinex. I'd say the issues are already fixed since the BTC price on finex is normal, when it was trading at a 100-200$ premium before.

[Asrael999]

Segwit will not activate - currently it isn't even close and the time remaining for activation is falling. UASF is unlikely to succeed and the miner proposal (if you read it) only proposes to increase to 2MB immediately with Segwit activation to follow at a later date (an undefined date - ie never). The miners have no interest in a scaling solution at this time, preferring small numbers of TXs with large fees to many txs with smaller fees

[ImHash]

without SegWit price is rising to the moon, currently we are close to $3000.
and the demand is strong.

now imagine when SegWit activates and all the things you said come true. no more large backlog, no more higher fees, and no more delays. first thing that will happen is that all the money that went into altcoins will come out with their bubbles bursting. second thing is people who were a bit uncertain will come back and invest. the previous growing demand is also there.

in short if price is not going to $3000 with SegWit it goes to $6000

Being optimistic very much eh? the reason price is increasing like never seen before is because of the banks blocking some of the major exchanges accounts and their clients accounts as well, I predict the price to drop when they solve their issues, and again price being on the move towards $3500/$4500 after segwit is activated.

what banks? and what exchanges? I haven't heard this theory before as a factor for the price increase of BTC. 

yeah thats because it isn't true. It was happening in China, but that got resolved recently. And it wasn't inflating the price, it was keeping it down. China started helping to push Bitcoin up again when China opening back up their exchanges for withdrawals.

So why did the price started to rise and rise and rise soon after wells fargo or something blocked bitfinex accounts? or right now withdrawals are blocked in China? those are good factors of price increase in my opinion. But never the less even if people start dumping for fiat who ever buys from them if holds on to their coins price should recover fast.

[thecodebear]

i hadn't even heard of the bitfinix thing

[Denker]

Segwit will not activate - currently it isn't even close and the time remaining for activation is falling. UASF is unlikely to succeed and the miner proposal (if you read it) only proposes to increase to 2MB immediately with Segwit activation to follow at a later date (an undefined date - ie never). The miners have no interest in a scaling solution at this time, preferring small numbers of TXs with large fees to many txs with smaller fees

Of course it gets activated!In one way or the other. BIP141, BIP148, BIP149, SegWit2x! So what the hell are you talking about??
One of those options will go through and we will have SegWit!
And when this is the case price will be easily around $5000!!

[mamaya]

There is no certainty about whether segwit will ever activate but if it does for sure we will see at least a doubling of the bitcoin price. The only thing that could top this kind of news is an ETF approval in my opinion.

[Asrael999]

Segwit will not activate - currently it isn't even close and the time remaining for activation is falling. UASF is unlikely to succeed and the miner proposal (if you read it) only proposes to increase to 2MB immediately with Segwit activation to follow at a later date (an undefined date - ie never). The miners have no interest in a scaling solution at this time, preferring small numbers of TXs with large fees to many txs with smaller fees

Of course it gets activated!In one way or the other. BIP141, BIP148, BIP149, SegWit2x! So what the hell are you talking about??
One of those options will go through and we will have SegWit!
And when this is the case price will be easily around $5000!!

You sir are deluding yourself - none of these proposals are likely to achieve activation thresholds and it is soon becoming moot. Bitcoins importanace to crypto is falling, I don't think ETH is the answer the DAO experience will have scared businesses away from the idea of accepting ETH for payment, why would you when one man can declare your exchange invalid? But it is clear that other cryptocurrency can quite happily steal bitcoins cake.

[YuginKadoya]

without SegWit price is rising to the moon, currently we are close to $3000.
and the demand is strong.

now imagine when SegWit activates and all the things you said come true. no more large backlog, no more higher fees, and no more delays. first thing that will happen is that all the money that went into altcoins will come out with their bubbles bursting. second thing is people who were a bit uncertain will come back and invest. the previous growing demand is also there.

in short if price is not going to $3000 with SegWit it goes to $6000

Being optimistic very much eh? the reason price is increasing like never seen before is because of the banks blocking some of the major exchanges accounts and their clients accounts as well, I predict the price to drop when they solve their issues, and again price being on the move towards $3500/$4500 after segwit is activated.

what banks? and what exchanges? I haven't heard this theory before as a factor for the price increase of BTC. 

Do more research and read more from the forum, there are many speculation that are very good and are not against to split because they surely know about Segwit or segregated witness, but if that is the case I think it is not a split that is gonna occur but it is more on Doubling the amount of bitcoin, but if it goes well I think all of us would surely benefit from it.