Friday, 28 July 2017

Bitcoin (BTC) Crash? Futures Price For Bitcoin Cash (BCC) Plunges 50%, BTC Up 7%


Bitcoin is surging higher as Bitcoin Cash (BCC) futures value crashes 50 percent just before its proposed Aug. 1 activation date.

Data from ViaBTC shows the Bitcoin fork, which does not even exist, fell from around 0.15 BTC to 0.08 BTC per coin within the last few 24 hours.

A correction has since got underway to 0.109 BTC, still around a 27 percent daily loss.
Reacting to the figures, highlighted by entrepreneur and investor Alistair Milne, commentators on Twitter were quick to ascertain it had been the project's fate.



However, official angles on BCC have now been more nuanced. Exchanges have either emerge with statements of support or have adopted a hands-off method, suggesting possible however not guaranteed interaction with BCC at a later date.
Yesterday, the European exchange HitBTC announced it'd join ViaBTC in offering futures trading for the fork, just before crediting customer accounts with coins on both forks.

Meanwhile, Bitcoin's price continues to maneuver higher, passing $2,700 to attain a 24-hour most of $2,742, in accordance with averaged exchange data from Coinmarketcap.
By comparison, Ethereum (ETH) remained stagnant, hovering just above the $200 mark, and other coins in the most effective 10 cryptocurrencies saw only modest movement.


4 comments:

  1. This Is The Fastest Method Of Creating Millionaires…

    If you want to know what the fastest method of creating millionaires is right now, then let me give you a hint.

    It’s called Cryptocurrency and it’s EXPLODING right now.

    Did you know cryptocurrency is already gaining worldwide acceptance? With governments in Russia, Japan, China and the United States starting to accept these investments…

    And as of right now, it just also happens to be the world’s fastest method of creating millionaires, currently producing worldwide 100 millionaires a day…

    Don’t believe me?

    Watch this video for proof:

    [Click Here To Watch It]

    Did you know that all the “smart money” have already made their move and transferred large portions of their holdings into this new up-and-coming opportunity.

    I’m talking about moguls like:

    Richard Branson founder of Virgin,
    Bill Gates from Microsoft,
    Marc Andreessen founder of Netscape,
    Paypal co-founder Peter Thiel,
    Billionaire Philanthropist, Mark Cuban; and many more
    So this means if you don’t have your money invested here, it’ll be like having your money in old school typewriters when desktop computers took over the world.

    Now I can hype it up even more, but I don’t need to.

    The folks at the Cryptocurrency Institute have released this viral video that is taking over Facebook and being shared like crazy.

    Make sure you watch it before it’s taken down by the central banks:

    [Click Here To Watch It]

    Don’t say I didn’t warn you!

    Speak soon.

    [Ana]

    ReplyDelete


  2. Ethereumpro.net is best company in the united kingdom to Exchange Ethereum to Cash USD Paypal Payoneer Bank Account, sell your ethereum at best price for paypal transfer

    Exchange Ethereum to Paypal or cash

    ReplyDelete
  3. Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency – the system works without a central repository or single administrator.
    neo web wallet

    ReplyDelete
  4. Thank you for helping people get the information they need. Great stuff as usual. Keep up the great work!!!
    btc

    ReplyDelete

ST