Coinbase went haywire Tuesday night when the popular cryptocurrency platform began allowing users to trade bitcoin cash, a fork of bitcoin that’s supposed to be more scalable.
Shortly after trading opened, the price of bitcoin cash rocketed to a high of $8,500, more than double what it had been on Monday. The price that Coinbase displayed was also almost triple what was being quoted on other exchanges. The erratic jump, even by cryptocurrency standards, unhinged some jaws on Twitter and, as The Verge pointed out, led some to allege something untoward was afoot.
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STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
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Yep it has something huge in store. Bitcoin.com founder dumped Bitcoin for Bitcoin cash, that says it all.
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Good post, Bitcoin Cash has got the stash!
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Sure it has.
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I wonder whether the large public will embrace the business ethics of those surrounding BeeCash. I must confess that my hopes are not that high in that respect ...
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hey please upvote if possible.
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Agreed, but I think cryptocurrency and blockchain mechanism is the tech forward. Banks across the globe are trying to implement blockchain tech to their systems. Moreover as been in news etc, many governments are about to launch their own cryptocurrency as an alternative to their Fiat currency. Indian government is mulling to launch "lakshmi" currency (goddess of wealth and prosperity). China, Japan & even Kazakistan in the same race as well.
So, in long run, many currencies will die out or merge. and fittest will survive.
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crypto going mainstream I think a tsunami is coming in 2018 hodl hodl to your coins it's gonna shake hard ;-).
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Absolutely, Japan is already accepting it, it will surge insanely once mainstream e-commerce company uses it in checkout.
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Please upvote if possible :)
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done ;-)
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