Bitcoin Gold “hard fork” means “free coins” for holders of Bitcoin, but it is unclear if the snapshot date is Oct. 25, block 491,407, or something else.
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Bitcoin hit $6k today (Oct. 20th, 2017). That is impressive growth. The question is, “did it fly too close to the sun; or, is it going to the moon?”
It can seem like no matter what happens, the major altcoin prices follow Bitcoin’s price, even when it is illogical. We ask, “why?!”
We look at the price decline in cryptocurrency from Oct 17 – 18 to see why major cryptos like BTC, LTC, and ETH dropped.
It has always been annoying to wait a week for your coins to come in with coinbase. Finally, that is no longer a thing. Coinbase now allows instant purchases.
Here are some things to think about before buying cryptocurrencies like Bitcoin. This quick list will help you clear away the hype and consider risks.
What up with Ether’s Price? If you bought BTC or LTC on Oct. 11, 2017, you saw 10% gains by by the 12th. If you bought ETH, you are lucky to have seen 2%.
Bitcoin broke $5k early morning Oct. 15th, 2017, it then shot up to $5.3k. This marks a milestone for Bitcoin, regardless of what the future holds.
One might ask “should I buy GBTC,” or “should I buy GBTC or BTC?” That is, “should I by the Bitcoin stock or actual Bitcoins?” Here is some insight.
Bitcoin just barely hit $5k on some exchanges back on Sept. 1st before dropping to nearly $3k. Here in early Oct it is nearing $5k again. Will it get there?