Where will Bitcoin stop?
Bitcoin price fall to all time high in March i.e. $870.
Much of the free falling price in BTC comes from the contigent plan of Bitcoin Hard Fork that will create two Bitcoins
1 - Bitcoin Core (BTC)
2- Bitcoin Unlimited (BTU)
The hard fork would result in a new QT software and thus a new blockchain.
Thus anyone having 1 Bitcoin, will get 1 BTC and 1 BTU after the hard fork. There is a growing support for the hardfork and people are selling their bitcoin in panic and those businessess who were thinking to accept bitcoin as payment method now need to think even harder.
A Hard Fork will be bad because it will cause a very bad and long devaluation of Bitcoin. Investors have moved on Etherum or DASH currencies because of uncertainites.
When and where will the Bitcoin stops?
Image by Business Insider/ Investing.com
Trend down $ 800 after $ 600 after $ 450. Consolidation: $450 - $550, and gain to $2200-$2500. What do you think about that?
agree it might go as low as $500 of possible fork news , hard for it to recover to $2200 in this year. but price will stabilize if the contigent fork happened
Finally I found an adequate person with an analytical mindset among the fans of bitcoin for $100k )) Subscribe to you
What exactly is the purpose behind making BTU when BTC already exists?
just an stupid idea for power and greed to control network?