You are viewing a single comment's thread from:

RE: Bitcoin Is Already Forking (Try Not To Panic)

in #bitcoin7 years ago

i think one of the biggest elements that makes bitcoin trading and bag holding very profitable is that we have huge panics time to time in the market and most of trader's minds. and of course it will always rise again and again and again...

Sort:  

True but the question will come which one will the money flow to the new blockchain or will it remain on the old. So far there is about 85% support for the new which means still 15% of the market is on the old chain. The more other coins money is invested in will reduce the market cap for bitcoin. If there was only bitcoin at a market cap of 110 billion we would of seen about $7,000 per bitcoin right now.