The rivalry between BITCOIN & ETHEREUM
On 26-6-2017, it was reported that Ether (ETHEREUM) rose notwithstanding the last week’s credit compensation of its
consumers who had lost cash in flash crash. ETHEREUM traded at $239.63, approximately 30% lower. This is according to
CoinDesk 26-6-2017.
Last week on 21-6-2017, Wednesday, ETHEREUM Traded high in a flash crash on GDAX exchange of Coinbase from over $300-10
cents.
On 23-06-2017, Last Friday, GDAX exchange declared that it would credit consumers who had undergone a margin or halt loss
order in the flash crash.
A day ETHEREUM performance
According to Coinbase, ETHEREUM has remained on top approximately two percent this month.
Vitalik Buterin, the ETHEREUM founder’s death rumor on Sunday (25-06-2017) affected the ETHEREUM value temporarily
resulting to its fall to 284 dollars from approximately 329 dollars.
The effect of ETHEREUM over the weekend has raised queries over the cryptocurrencies’ stability, similar to BITCOINS on its
weighted value.
BITCOIN has been said to undergo upgrading next month (21-7-2017) and in August (1-08-2017) using SegWit2x and BIP148
diverse techniques in that order.
There is no worry that during the process BITCOIN will be split into two, since there is assurance that the two techniques are
compatible.
Time to buy :)
Myhealth. This general selloff in ecurrencies is an opportunity to buy more of your favorite currencies at a better price. For me, Bitcoin, Etherium, Litecoin and Steem are my current holdings. Thinking about more Steem....
informative thanks :)
Pleasure.