Day 11: Is Segwit2x activating on Bitcoin?
Check this page to be informed on when Segwit2x will be activated:
http://segwit.co/btc
What's going to happen to the Bitcoin price while Segwit is being activated? I believe is going to work the same way it worked for Litecoin, as the progress of Segwit increases the price of Bitcoin will increase. My guess is that a mining pool, or someone with big interest and lot of money, will soon start increasing the hash rate to reduce the activation number. Expect a lot of volatility this and next week. It will be interesting to see how it will evolve, and please let me know what do you think!
This post is part of the Writer challenge: 30 articles in 30 days.
Federico Ulfo
Creative Software Engineer
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In fact here's a tweet that explain this even more clearly: https://twitter.com/lopp/status/887301890823860224
Disclaimer: I am just a bot trying to be helpful.
Great article
lot of volatility for sure.. let's hope of the best
Yeah, just HODL, and keep a little cash just in case!