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RE: Bitcoin plunges below $2000, what's going on?

in #cryptocurrency7 years ago (edited)

Probably a couple of factors but the upcoming segwit2 adoption is, I think, one of the biggest factors. Just wish some of the dumping would head over to buy ethereum. Ethereum seems to be following the Bitcoin trend. Maybe buy some STEEM :-)

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Yes, everything has been dumping for a little over a week now, this is really the first time Bitcoin has joined the party in a meaningful way.

And we'll see much lower from here at least in the short term.

This entire thing is about Segwit, all the rest is BS. There is a lot of uninformed FUD out there.

Yes, I think so as well. Be interesting to see how many actually abide by the NY agreement and implement the 2mb hard fork within 6 months after Aug.1.

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