Bitcoin reaches a critical point

in #bitcoin7 years ago (edited)

Bitcoin has gone high up since November 2017, and Mt Gox sales resulted in a big drop in January 2018 .

Today we reached a critical point at around $7750.
If we drop further it is possible we get as low as $5750.

But as we know, probably we will move up quickly tomorrow evening (starts probably at 20:00 Central European Time).

Nem (Xem) was rising quick a few days ago (low this moment at $ 0.28), so if bitcoin goes up, Xem will continue this previous up approach.

Ctritical Point.png

Also Verge will rise quickly because at this time it is at a very low value $ 0.02845.

Recently, the new version of the Bitcoin Core 0.16.0 has been taken into operation. Bitcoin Core software offers full support for Segregated Witness (SegWit) for the first time. As a result, the number of transactions using SegWit increases rapidly.

See:
https://bitcoin.nl/statistieken

It will be interesting to keep an eye on how the increasing adoption of Segregated Witness increases the transaction capacity of Bitcoin in practice, because this depends on a number of factors. Transactions become cheaper, and the transaction capacity has been increased through further innovation and the Lightning Network.

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For future viewers: price of bitcoin at the moment of posting is 7782.00USD

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