Segwit 2X milestone on June 16th

http://ift.tt/2sQc8ay

That's a critical date for the Bitcoin market. Last time I checked the pull request (http://ift.tt/2rVi3xN) people were still discussing the optimal approach.

If by June 16th the alpha is ready I can see some money moving back into Bitcoin. If the schedule doesn't hold this implies that the Bitcoin network will not only fail to scale anytime soon, but also that there's going to be quite a bit of chaos due to the UASF. Expect a major outflow of money in that case.

I would be tempted to move a small amount of ETH back into BTC because the logical conlusion for the recent ETH rise would be that the Bitcoin developers and miners finally get their shit together. But reading Reddit and the developer chat rooms it looks like Bitcoin fractions are still busy fighting each other, instead of finding a compromise.

submitted by /u/_gst_
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