Published
5 years ago on
October 11, 2018
“An important distinction needs to be made, however: just because the theoretical cap of price is at $100,000 doesn’t mean Bitcoin will see that price anytime soon. The findings only state that when the next bubble occurs, the price should be no higher than $100,000.”Could SegWit Cause More BTC?Despite SegWit not being a new development, Bitcoins latest bull run had SegWit already implemented on the main net. But still, the adoption changed.Since it was created, adoption has shown a healthy trend upward, recently spiking over 50%. In December last year adoption rates were just over 12% which meant that Bitcoin transaction capacity has surged by 50%.Bitcoin transactional capacity is now going up by over 200%, this is due to the growing support for SegWit.What are your thoughts? Let us know what you think down in the comment below!Reference:BTC Manager Investment Disclaimer