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RE: Segwit is about here and lightning network is the is the next

in #bitcoin7 years ago

The timing of this is going to make for some interesting price action. Generally, the traders are "selling the news" after "buying the rumour" so I am looking forward to which way it goes.

I am also waiting to hear the announcement of bitcoin being 80% mined out and the sentiment of the traders getting reminded that there is a finite amount of coins, and that the end is in sight.

I didn't have segwit on my radar. Thanks!

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Segwit has already been implemented for Bitcoin itself but now its the exchanges that have to upgrade to handle it, Coinbase is completing the roll out this week. As for the 80% mined, I would think the laws of supply and demand would raise the price. However I still question what will happen when all the Bitcoin is mined, what will transactions cost then and how long will they take?

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