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August 1st: How to Prepare for the Worst

Bitcoin’s future could be quite adventurous for owners and users given the upcoming potential disruptions in its network. All bitcoin users should pay special attention to the events planned to take place after August 1st and prepare for the various potential outcomes according to their own investing strategies. BIP91 and SegWit The Bitcoin Improvement Proposal No.…

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SegWit

BIP91 locked in, Prices Advance

The long debate over Bitcoin scaling is moving toward resolution as more than 80% of the miners are signaling support for BIP91. If this holds, and it likely will, Bitcoin will adopt Segregated Witness via SegWit2x before the August 1st deadline (Update: As of midnight July 21st, BIP91 is locked in). Not surprisingly, Bitcoin prices…

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