Llew Claasen: Why the Rest of 2016 Will Bring Even More Growth to Bitcoin, Blockchain Focus Being Blessing

Despite Bitcoin having a relatively strong year, the Executive Director of the Bitcoin Foundation believes the outlook of the top digital currency is even better in the remaining 60 days of 2016, especially post-Nov. 15.
Llew Claasen told CoinTelegraph that after the miner signalling for Segwit innovative scaling technology is released on Nov. 15, he is optimistic that Bitcoin will end the year on a positive note.
According to Claasen:
‘The release of Segwit in Bitcoin Core 0.13.1 is a much awaited and positive development, notwithstanding continuing disagreement about on-chain scaling. I think the year will end on a very positive note for the future of Bitcoin post-Nov. 15. This is also notwithstanding the more than 60 percent increase in value of BTC this year so far – far better than fiat currencies.’

This post was published at Coin Telegraph on 2016-11-05.