Market in Sleeping Mode As Bitcoin Approaches Potential Hard Fork

in #bitcoin8 years ago

nchain-segwit-bitcoin-drama.jpg
The cryptocurrency market has been in sleeping mode as of late, retaining its value even as bitcoin, the largest cryptocurrency by market capitalization, faces a potential hard fork in less than a week.

Bitcoin's future remains unpredictable as its network faces challenges in addressing the cryptocurrency's scaling difficulties .
Segregated Witness, a proposal that would reduce the size of transactions and therefore permit them to be processed more quickly, has come closer to being occur.

Despite of this progress, a group of individuals has announced plans to create a separate Bitcoin network called Bitcoin Cash on August 1. Futures based on Bitcoin Cash were trading at $448.74 as at now, according to CoinMarketCap.

Oh, i give up

source https://www.forbes.com/sites/cbovaird/2017/07/26/cryptocurrency-market-resilient-amid-bitcoins-possible-hard-fork/#46258ef15497

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click here!This post received a 5.0% upvote from @randowhale thanks to @paceta! For more information,

The way the people behind Bitcoin Cash are promoting the launch of their new coin is irresponsible and harmful to the cryptocurrency community.
https://steemit.com/bitcoin/@juanplemus/the-bitcoin-cash-powergrab-play

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