Bitcoin price drop
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Down 15% on polo
Any one know what the cause is?
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No. A support level was probably broken. Folks may be selling to avoid big losses (or to lock in profits). You can never lose money by making a profit :).
I'll go back to sleep now.
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The cause is someone dump large amount of btc or its a correction.
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Looks like smb dumped after btc hit 3000$^^ Nothing to worry about and I'm using it to buy as much as possible^^
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@Hyzi0 sounds risky -.-
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ether will crash and burn soon i bet but bitcoin is most stable from what I've seen
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No one thinks the UASF is starting to cause nervousness in the market?
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i was wrong bitcoin has slumped
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User activated hard fork - release from bitmain brought down the price it's just manipulation before the pop-up
Accumulation stage - Complete
If you don't know already Btc is facing their own little Cuban crises
Things to do research on
Uasf -- bip148 (User activated soft fork)
Uahf -- Pre bip148 (User activated hard fork) --- Still game theory, more a bitmain threat
Buip55 -- October doomsday dateCorrect me if i am wrong
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@dagentlemang I agree - btc price tanked right after the Bitmain blog post was released. We're probably going to see a lot of volatility running up till August 1st (maybe longer). I'd almost be happier with no improvement plans being implemented until they've been vetted properly, but shit... guess we'll see who's bluffing
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@k.coins - i lmfao'ed and fell off my chair when segwit 2x was proposed. we should all be rejoicing right?, Segwit will be released this is my strong opinion there will not be a spilt, i don't think the 15th of October will be a thing either, I am looking at litecoin and have been since it was 15$ ;')
These guys know what's up
Thomas Hunt
Tone Vays
John Light
Jimmy Songs
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@dagentlemang most def, their more recent episodes have been particularly good. Jimmy seems depressed about it all though ahaha.
Seen this brilliant development? https://twitter.com/TuurDemeester/status/875906998189076480 LOL
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@k.coins OMFG LOLOLOL rekted much? thank you ;")
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@k.coins said in Bitcoin price drop:
UASF
If a majority of miners (by hash power) does not signal support for SegWit through BIP148 on August 1st, but at least some do, Bitcoin’s blockchain will split in two. In that case, there would be two types of Bitcoin tokens, which we’ll refer to in this article as “148 BTC” for coins on the soft forked chain, and “Legacy BTC” for coins on the chain that did not activate the soft fork.
SourceIt's going to get real bloody before it settles down. Long live Burstcoin!!
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@socalguy i can not say i agree with this article completely - his game theory on how signaling is way off and almost laughable - but i guess we all need to understand it on our own terms , i wouldn't cling to much to what mr. Aaron van Wirdum says to say . Just my op


