Saturday, November 11, 2017

Bitcoin price drops over $1500 following 'sell the news' of hard fork cancellation

Shortly after news emerged on Nov. 8 of the Segwit2x hard fork being cancelled, Bitcoin rose to a new all-time high of over $7800 per coin.  However this was to be very short lived because over the next three days the price has fallen nearly 20% down to $6350 as investors followed the standard course of buy the rumor and sell the news.

The world's most popular cryptocurrency bitcoin dropped below $6,500 on Friday, having fallen well over $1,300 since hitting an all-time high set earlier this week. 
Bitcoin was trading at $6,499 at 8:30pm GMT on Friday, fixing a 17 percent drop from its record high two days ago, according to data compiled by industry website Coinmarketcap
On Wednesday, the world’s most valued virtual currency touched $7,888 on news that a controversial software upgrade planned for next week was suspended. The change was to introduce a new code proposal, Segwit2x, which could create a competing cryptocurrency, Bitcoin2x. - Russia Today


An anti reflective and scratch proof sapphire crystal replica watches sale the dial. Protecting the movement is a caseback engraved with the US hublot replica and with the option of adding a personalized engraving. Will be available with either a black or blue dial and with the option of rado replica uk or a rubber strap with a pin buckle. At the pre order price, this is a lot of replica watches for the money. This is the sort of watch I have to see in real life in order to decide if I like its style or not. Ball has really carved out a pretty unique look for its watches. What replica watches sale me besides the price is that it only a 42mm, not some ridiculous oversized number. So in theory I should like them. But I feel these military seals on the case backs are strictly for poseurs. Shorter versions of the tubes might have been used to make the 12 and 6 numbers. That would be a bit more replica watches sale and balanced looking for the overall aesthetics.

Post a Comment