The Price of Bitcoin Cash up 140% of the Week

in #bitcoin-cash7 years ago

The price of bitcoin cash up more than 140% in the week to a range of US $3,800. The price increase happened along the flowing out of support Exchange digital currency against the sale of digital currency fractions bitcoin.

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Via its official Twitter account, bursa bitcoin is great in United States (USA), Coinbase States are ready to facilitate the sale and bitcoin cash. "Trading in Coinbase.com and mobile applications will be available to all customers once the existence of sufficient liquidity in GDAX. We expect this will happen tomorrow, "the statement Coinbase, Wednesday (20/12).

Bitcoin cash official glide on August 1, 2017. Digital currencies arose after the Group of developers who are trying to increase the speed of the transaction and the transaction cost bitcoin. Bitcoin later on, cash developed into rivals bitcoin.

As for the owners of the bitcoin on time slid, proper cash bitcoin get bitcoin cash with an amount equivalent to the ownership of the bitcoinnya. However, referring to CNBC, Coinbase not yet realize it. The plan, the new Coinbase will make it possible in January 2018.

Inversely proportional to the bitcoin cash, bitcoin thus dwindled after record highs in the range of US $20 thousand or about Usd 270 million on Sunday (17/12). Refer to the coinmarketcap.com data, bitcoin recorded dropped to the range of U.S. $16 around Rp 220 thousands or millions on Wednesday (20/12).

Based on polling done Wall Street Journal against 53 economists, as many as 51 of them declared experiencing Central bitcoin price bubble aka bubble. As for the most influential economist's version of Wall Street, Stephen Roach mentions price bubbles occur due to speculation and dangerous.

"It looks like it does all a bubble, it will break. (The price) is going to fall and the latter invest would most hurt, "he said early last December, as reported by CNBC.

However, analysts of the bitcoin Standpoint Research Ronnie Moas optimistic bitcoin still will continue to soar due to the limited supply that is only going to reach 21 million. "In my opinion, the end of the game, bitcoin will reach US $300-400 thousand, and will be the most valuable currencies in the world," he said.

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