Bitcoin Boom

in #bitcoin7 years ago

Bitcoin Price is Likely to Surpass $3,000 After SegWit Activation: Opinion

Source: https://cointelegraph.com/news/bitcoin-price-is-likely-to-surpass-3000-after-segwit-activation-opinion
Although Aug. 1 is still hours away, most Bitcoin users are more confident of the community than they were a few weeks ago. As a matter of fact, some sections of the community are expecting the cryptocurrency to achieve new all-time highs in terms of price.
Due to the intensity of the scaling debate within the community, several gloomy predictions arose about the future of the cryptocurrency. In retrospect, such debates and predictions may be seen as a blessing in disguise even though it is not Uhuru yet for Bitcoin users.
The curiosity generated by the level of debate between factions of the community motivated Bitcoin users to seek knowledge of the technology as a whole.
Also, as users try to protect their digital assets, they sought clarity about the entire process and the various possible consequence of any eventual outcome.
One group that has played a huge role in creating awareness about developments in the Bitcoin community are the services providers. These service providers include exchanges, wallet vendors (especially hardware wallets) among others.

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