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RE: Bitcoin at 3700USD+ and funny Bitcoin "occasions" on some places
The rise in Bitcoin price is the result of the transmission from a peer to peer payment system to the internet of money (Segwit). 2nd layers will bring a lot of innovation and new user cases to Bitcoin in the months / years to come. Beside that there is some release in the scaling debate. I think the bull market will go on for a while. Corrections of 10 to 25% will be a healthy part of that. HODL!!!
@michiel
Excatly 👍👍
@michiel
BiteSizeBitcoin huh HODL!!! ;)
I couldn't agree any more! Great comment!
10% since you wrote this comment, it's crazy. I read somewhere (don't remember where) that they expect BTC to reach $6,000 by the end of 2017, what do you think about it?
So can you elaborate on how Segwit means the "internet of money"? I thought it just meant that the size of the block went from 1 MB to 8 MB.
That sounds right.