BIP 91 Excites Bitcoin Investors, Sends Price Soaring

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A BIP 91 upgrade to the Bitcoin Blockchain excited investors just enough to get the price of the crypto currency soaring over the weekend.

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Miners were signaling 97 percent of as Friday, effectively locking in the BIP 91 solution, as well as Segregated Witness (SegWit).

Within 24 hours, the price had increased by nearly 40 percent on the week, with the good news signaling to investors that Bitcoin would continue to maintain its otherwise foolproof tech stability.

As the weekend continues and the rally keeps its footing, the naysayers are likely to start dropping away. The value at press time is $2,791, nearly at its end of week peak of $2,813.

Bitcoin currently makes up between 17 percent and 25 percent of all online gambling transactions industry wide.

- Aaron Goldstein,  

Business/Financial News

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