Another Bitcoin Hard Fork Slated for Thursday

Written by:
Published on:

The SegWit2x Bitcoin (BTC) hard fork will go ahead as planned Thursday December 28 (at block 501451), following an initial delay. 

Bookmaker is now accepting most forms of crypto-currencies

News that proponents of a controversial “hard fork” had suspended their plans back on November 8 sent the price of Bitcoin skyrocketing. 

From Fortune:

The project’s Founder and Lead Developer, Jaap Terlouw, stated on their site that the fork aims to address issues of “commission and transaction speed within the Bitcoin network,” adding that currently, Bitcoin is “almost impossible to use as a means of payment.”

Confirmation that the hard fork will, in fact, take place is indicated both in the roadmap on the project’s site, as well as in a direct quote from Terlouw:

Eight exchanges are listed as official supporters of the fork.

Bitcoin Cash, which came out of the first hard fork back in August, has seen substantial growth since that time and was recently adapted to the CoinBase.com exchange.

The latest incarnation of SegWit2x has so far received comparatively little publicity, Fortune noted.

- Aaron Goldstein, Gambling911.com

Business/Financial News

Jury Fails to Come to Decision in Kleiman Wright Trial of the Century

Jurors told the judge in the case of Ira Kleiman vs. Craig Wright that they were unable to come up with a decision.  The judge issued an Allen charge, which requires them to  now deliberate until they have a decision.

Kleiman vs. Wright Jury Notes But No Verdict Yet

Questions included How much of the intellectual property does W&K currently have under the estate?

El Salvador's Bitcoin City Lacks Sewage Treatment Plan

It's already been determined there will be no tax on income, capital gains, payroll or property.  What could possibly go wrong?

First "Bitcoin City" is Coming to El Salvador

First "Bitcoin City" is Coming to El Salvador

El Salvador would initially issue a $1 billion bond backed by bitcoin to begin raising funds for the planned city.

Bitcoin Bloodbath as the Big Reveal is Almost Here

Bitcoin Bloodbath as the Big Reveal is Almost Here

Bitcoin has crashed to $56,770 as of Thursday evening, representing a greater than 12% loss on the week, down from just over $66,000.  Meanwhile a Miami jury is set to decide once and for all the true identity of Bitcoin's founder in just a matter of days.