BREAKING NEWS: Bitcoin BIP91 Locked In for SegWit Activation 1 August 2017

We have a resolution… Finally!  The scaling of Bitcoin, BIP91, has been locked in for 1 August 2017 as more than 93% of miners signaling support for SegWit2X.   source: CoinDance   The Bitcoin price has reacted to this news by increasing in value by over $500 in 24 hours.     A debate that has raged on since 2015, proving that Bitcoin is a democracy and an incredible store of value which cannot be taken lightly – no change can be forced on the community without agreement no matter…

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Bitcoin News 19 July 2017 – Bitcoin Hard Fork Not Likely, Bitcoin Price Reacts

Bitcoin News Today sees the Bitcoin price recovering since the shock drop on 16 July. The Ethereum price jumped by $60 over 24 hours as more support for the Enterprise Ethereum Alliance takes hold.  Is the bull starting to move again?   The Bitcoin price is reacting positively to the fact that the scaling of Bitcoin, BIP 91, is close to the necessary threshold of 80% of mining power. BIP91 is part of SegWit2X and miners have been signaling early which has made markets less volatile over the past couple…

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Bitcoin Pre-Fork Tip – Keep Control of Your Private Keys!

The Bitcoin community is in the middle of a big debate around the scaling of Bitcoin in an attempt to reduce transaction time and cost. Should this result in a Hard-Fork, make sure you are prepared and ensure you keep control of your Private Keys – Exchanges could stop any withdrawal or deposit of Bitcoin post a Hard-Fork.  They have control of your Private Keys and your Bitcoin! What are Public and Private Keys? Learn more about Segregated Witness and Bitcoin Unlimited below:- What is Segregated Witness aka SegWit? What…

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