3 ms·
I've been watching this closely, and the price seems to be driven by the Segwit2x signaling rate. We're close to the %80 activation and when it looked like we
by rothbardrand 9y ago
I've been watching this closely, and the price seems to be driven by the Segwit2x signaling rate. We're close to the %80 activation and when it looked like we weren't going to make it we saw a decline, and when hash power switched signaling and the price recovered.
The reason the hash power signaling is not so stable right now has a technical reason-- Bip-91 is rushed, the Segwit2x proposal was rather late in the game and this is a system which, by design and prudence, should not be changing with quick untested commits.
- sna1l 9y agoWhile I tend to agree with you, correlation doesn't mean causation.