Bitcoin Appears Tethered to Major Altcoins Again
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?
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?
AMD’s stock dropped after its earnings reports. Earnings were good, but projected earnings for next quarter were a little lackluster.
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.
We ask the question, “will Altcoins see a boom after the Bitcoin Gold hard fork; or, not.” That is, “should we be eyeing alts, riding Bitcoin, or sitting back and waiting?”
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.
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?”
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