Max Keiser Certain Bitcoin Price Hits $5,000 as Segwit Nears, Already $2,750
With the activation of the Bitcoin Core development team’s transaction malleability fix Segregated Witness (SegWit) in sight, Max Keiser, host of RT’s Keiser Report,725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy84YjgxZWIzNGEyNjFhMzZiOWM4ZjE4ZmY3NTQzNDU0NC5qcGc=.jpgpredicts the bitcoin price will hit $5,000.
On July 16, the activation threshold of BIP 91 was met and five days later, BIP was fully locked in by miners. Bitcoin Improvement Proposal BIP 91 is a solution that was endorsed by the mining community to avoid a chain split and the creation of a secondary Bitcoin.
Prior to the lock-in of BIP 91, Bitcoin price recovered from $1,850 to $2,300, as the 80 percent hash rate activation threshold was met. When BIP 91 was fully locked in on July 21, Bitcoin price surged from $2,300 to $2,750, recording a staggering $910 increase within a five-day period.
the value of bitcoin skyrocketed in this past few hours... amid of the speculations and rumors....
it just prove how formidable bitcoin is.... looking forward for more it can offer..
I say we are still in for another dip
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STOPI agree with Max, bitcoin to the moon after Segwit 🚀