Time to BUY BITCOIN & ETHEREUM

in #cryptocurrency7 years ago



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.

Source: http://www.cnbc.com/2017/06/26/ethereum-drops-more-than-10-percent-even-after-flash-crash-refund.html

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How come I keep reading about people being very nervous that Bitcoin will split during one of those 2 upgrades due to a 'UASF'? Don't know the tech as much as I want to, but I'm just curious because this implies absolutist nothing can happen with Bitcoin during those upgrades. I appreciate you sharing this info!

Thank you. There was speculation that BITCON will split during this session. But there was clarity on the issue that the two systems are compatible,hence no worry for a split.

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