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RE: I Looked Into SegWit, and Here's What I Saw

in #bitcoin7 years ago

If you understand it fully, it makes perfect sense. It all depends on how many miners switch over to BCC. The difficulty will adjust accordingly. The % of miners that switch will be a good deciding factor in price. Keep an eye on that.

You have to remember that it's just a fork of Bitcoin, and Bitcoins are extremely valuable and hard to aquire with the Block reward only being 12.5. So, they are starting at a point when Bitcoins are already extremely hard to aquire and most have already been mined. The price will eventually settle but only after the mining war has finished.

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@spiftheninja a very wise reply indeed, one of which I acknowledge and give you a follow for.
Cheers~*~

Thank you for a very good reply , cheers mike

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