Bitcoin went to $7k after going up over $1k in less than a week. The quick rise was due in-part to an upcoming fork and a Bitcoin futures trading announcement.
Bitcoin is the most commonly known cryptocurrency. It’s a decentralized digital currency that is secure and private and can be used in transactions worldwide. It carries with it a number of pros and cons and is currently rather volatile.
In this section we discuss everything Bitcoin including how it works, what it’s worth, how you can “mine Bitcoin”, and more.
Bitcoin, the crypto with the highest market cap is at a high of $6.5k. Ether, the crypto with the second highest market cap is stagnant at $300. Is Ether undersold?
The Bitcoin Segwit2x fork happened at block 494,784. This block occurred on Nov. 17. Anyone with Bitcoin before the block now has equal parts Segwit2x.
After a run-up earlier this month and a quick sell-off after the Bitcoin Gold fork, Altcoins seem to be following Bitcoins price again. Is history set to repeat?
Let us offer a clear warning. Don’t go chasing Bitcoin Gold so hard you get scammed. There are fake wallets and fake instructions floating around. Using them can result in you losing Bitcoin.
After some confusion over Bitcoin Gold, Coinbase has released an official statement on how it plans to handle Segwit2x and Bitcoin Gold.
For about a month we have heard that Oct 25 was the date for Bitcoin Gold. However, it has become clear that block 491, 407 is the key. That block will occur mid-day on the 23rd.
Bittrex.com, a popular Bitcoin exchange, is offering a different snapshot date than Coinbase for Bitcoin Gold.
Coinbase has come out and announced the Bitcoin Gold fork has already taken place! If that is true, it means the time to get free Bitcoin Gold by holding Bitcoin has already passed.
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.