If until recently the market feared the future of Bitcoin, it seems that now everyone has come back to be confident that the currency has great power. On Tuesday (8), the criptomoeda topped $ 3,500 for the first time in history and has the second day followed by historic maximum break.
Bitcoin hit a high of $ 3,525.04 this morning before losing strength and returning to the $ 3,428 home, making it virtually stable. At the record level, the currency recorded gains of 264% in the accumulated of the year. After last week's "fight", the currency is now back to gaining lively investor support for the future.
The great fear of investors begins to lag behind, but it is still the focus of many discussions within the community. Debates over the currency scale ended up generating a "fight" between miners, which led to Bitcoin splitting into two currencies in the past few weeks. The main issue is the ability to process the blockchain at a time when the currency is being used more and more.
One of the bids was named SegWit, which would move some of the data out of the main bitcoins network to increase its capacity. This was received negatively by some miners because this would lead to lower reward rates for them. Even so, the miners have accepted the proposal to increase the size of the block and SegWit is due to be implemented this Tuesday.
"Segwit is active this afternoon and there is a lot of hope that the network will clear up with lower transaction rates becoming the new normal," said Charles Hayter, CEO of the British digital currency data company CryptoCompare, for CNBC. According to him, the activation of SegWit opens a new scenario for opportunities in the Bitcoin network. "Instead of bitcoin being in the midst of internal strife, it's now blue skies for opportunities in what can be built," he said.