Bitcoin exceed $5k mark

First cryptocurrency just broke the $5.000 mark; historical maximum updated
12 October

On the 12 October, approx. 8:14 UTC, Bitcoin exceeded the $5.000 mark.

Bitcoin price chart
Bitcoin price chart

On the graph of the BitFinex, you can see how the price of "digital gold" reached its maximum value at $ 5147.6, which is the historical maximum.

Bitfinex Bitcoin chart
Bitfinex Bitcoin chart

According to the service of Coinmarketcap, currently the weighted average bitcoin rate is $5161.06, capitalization of the first crypto currency is $85.7 billion.

Samourai Wallet: SegWit2x is an attack on the network

Another Bitcoin-related company expressed its position regrading upcoming SegWit2x
18 October

Samourai Wallet team said that the SegWit2x is a controversial and unnecessary change in the current rules of the network and it is the attempt of a small group of players to take control over the development of the open code of bitcoin. This is stated in the official blog of the company.

As noted in the statement, Samourai Wallet supports the development of open source code by the Bitcoin Core team, which, according to company representatives, timely introduces all the necessary updates. In this regard, the service will support the longest chain of blocks, compatible with Bitcoin Core 0.15 nodes.

The S2X hard fork is particularly troubling as the development team have NOT added an important safeguard known as ‘replay protection’ to their software. Without replay protection any transaction sent on either of the chains may also be sent on the other chain (‘replayed’), leading to the high potential of users losing funds. Because of the willful insistence by the developer(s) to not add replay protection, we are classifying this hard fork as an attack on the network.
 

Samourai Wallet team

In this regard, the service will offer additional measures to protect against repetitive playback in the case of hard-core.

It is also stressed that Samourai Wallet will not provide users with access to the equivalent number of S2X tokens, and will offer to convert them to BTC at the market price.