Bitcoin segWit2x fork cancelled? Alt coins on the rise.
I can only pass on what I have seen in the last couple of hours. It seems like the bitcoin fork has been canceled due to not enough consensus on the project.
In the last two hours bitcoin has dropped $800 dollars off it's price from earlier gains which pushed to a high of $7846 as people are dumping the stock to get the most value. In contrast alt coins are all picking up from the excess money flowing into the exchanges with,
VTC +50.6%
BLOCK +35.5%
OMG +31%
NEO +25%
How large might the correction be, I don't know but with the huge gains made by bitcoin in the past week there is a long way to fall. Meanwhile the long suffering altcoins will hopefully start their recovery that is long overdue.
@originalworks
The @OriginalWorks bot has determined this post by @niallon11 to be original material and upvoted(1.5%) it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by niallon11 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
img credz: pixabay.com
Nice, you got a 61.0% @alao upgoat, thanks to @niallon11
It consists of $0.22 vote and $0.07 curation
Want a boost? Minnowbooster's got your back!