Bitcoin Attack - Our fault
Our fault
We are suffering from a Bitcoin attack, 1/4 billion USD Bitcoin worth are stuck in transactions, the price is dropping more than 25% from the last peek.
We should understand from that we are faulty in a way that we didn't integrate segwitX2 and we are suffering now from the result.
In an other hand we can also look at the price of Dash before and after they announced($250-$1500) to implement segwitx2 and new features.
More and more people, even the Bitcoin founder changed all his BTC to Cash. The Chinese are attacking via a DDOS the market to bring new customers to their currency, very smart move.
One thing it is showing that the currency is centralized and we have to find a solution to solve the existing issues to prepare it for a mass adoption etc.
They are a lot of projects going on like the 1Gb block, Spectre etc. I KNOW that most projects are not feasible like to upgrade the block size over than 4Mb(according to a research), maybe the EMC2 project are good idea to progress, but they will need the agreement from the Core developers and the stackholders. Remember when Btc is bleeding all the other alts are bleeding too so that this signals should alert everyone.
I hope us find and integrate new solutions and see more green days
Yeah, we saw btc cash going up when the btc falling down but today, cash also take a big hit... I don't think it's only because of the segwitx2.
I hope it will raise again
This morning I heard another cause. Since we are approaching the end of the year to avoid to pay a lot of taxes people are selling their crypro.saying by that the2018 year will have new highs
I don't understand how they pay less taxes by doing that
There is so much more we can invest other than Bitcoin. It will rise again though.
The question is how do you buy alts, if you buy alts with btc you must refer to btc value, the same thing with usd