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Bitcoin is splitting between BTC and BTU. BTC is Bitcoin Core and BTU is Bitcoin Unlimited.
Why is Bitcoin splitting? Bitcoin is splitting because it is growing in use and popularity. It is considered normal that new technologies go through such growing pains. Put simply, Bitcoin is approaching a technical limit (1MB block size).This poses issues about how the system can handle more transactions. For years, the Bitcoin community had been discussing how to solve it.
Like most people, I had a quiet confidence that Hillary Clinton was going to win the US election. “If Trump is lucky enough, the number of votes he will get might come close but, Hillary will pull through in the end”, I thought. Like those those in the Clinton camp who began their pre-emptive celebrations popping open champagne bottles, I was shocked to find out that Trump had won.
How can Americans vote for a man who makes up facts, blatantly lies and makes up his own statistics without caring to know whether his opinions are in fact based on anything with substance?
Looking at the last few months, comparing the exchange rates between Bitcoin, the Australian dollar, the Euro and the US Dollar, as well as the news in India, Europe and China, there is tension visible on the trading charts.
Traders and investors seem to be jostling for positions and placing their bets. It seems optimistic to me. There's a heightened probability that Bitcoin is about to strongly push above its current price.
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