You can track the progress of the SegWit lock-in here: http://xbt.eu/
With the next obstacle in Bitcoin's journey cleared we are looking at record highs AGAIN this week with BTC trading at $3483 last night and showing no signs of stopping.
Maybe this has something to do with it:
In about ten hours or less we are going to lock-in SegWit and this could be a very exciting moment for the entire cryptosphere. Investor confidence is at an all time high and everyone is in good spirits- except for the people who forgot to buy BTC before the fork!
Once SegWit is activated we expect some good things to happen to the network. First there should be an increase in capacity as we can confirm more transactions per block since we will be using the space more efficiently. Secondly it will secure the Bitcoin code in such a way to allow the so called "lightning network" to be implemented which would make near instantaneous transactions a possibility.
There are many more good things coming to Bitcoin very soon so expect us to have a nice little rally on this news hitting the mainstream :)
*Never invest more than you are willing to lose and always do your own research before making any investment decisions.
Check out my latest BTC and BCH forecasts:
https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-price-forecast-8-7-2017
https://steemit.com/bitcoincash/@hotsauceislethal/bitcoincash-price-forecast-8-7-2017
Never invest with FOMO:
https://steemit.com/bitcoin/@hotsauceislethal/how-to-conquer-fomo-fear-of-missing-out
