Almost a day after Segwitx2 cancellation Bitcoin is going down
The price of bitcoin (BTC) has been soaring again, a quick drop reached below $7000.At this time bitcoin reach $6900. However the market value of bitcoin cash (BCH) is growing, gaining new money from investors.
Most investors wanted the free coins but after the cancellation, the money went back to Alts and Bitcoin cash.
Bitcoin Cash because the transactions are cheaper and faster, Alts because are easier to purchase and gains percentages easily.
If we are looking at the Top 10 we can see definitely the market is going back ,
Even if a team with 30% hashing power will fork bitcoin I presume bitcoin will continue to go down. None can know what will happened, but let's wait for it to go down and buy it cheaper...
The question will remain the same - what people prefer technology or seniority
I wish Steem was up there in the top 10 alts. :)
soon :)
I think steem is related with dollar not with bitcoin this why it will just go down in bitcoin and stay stable in dollar.
What's the new bottom? I've heard a lot of chatter saying around $4,600
No one can know, but if we are looking at the history, it never went more down than the last pump it went up, meaning by that if you look at the graph it started to go up on October 25th at the value of $5557 therefore it won't fall deeper but everything can change
Thanks, will be interesting to watch over the next few days!
I think bitcoin will get lower again