((SegWit2x)) : The Main Reason Behind Flash Crash of Bitcoin

in crypto •  7 years ago 

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Bitcoin Currency has lost 30 percent of its value since the end of last week's trades, where Bitcoin Currency, he achieved the highest price at 7880, Then the Bitcoin Currency price hue at 5450, A sharp decline that the basic problem relating to the techniques that are used to convert virtual money and they use Bitcoin dealers, known as ((SegWit2x)) where it was supposed to improve speed Conversion from 1 to 2 MB,
As well as completing a fresh installation to remove the chapter on some items that hinder transactions, and this was in the past had created problems between miners where there was a split within these groups to establish both Bitcoin Cash and Bitcoin gold dealing with new technologies is the best,
Technically, the short, the Bitcoin was able to break the downward trend line, as well as the fact that pattern is called the double-bottom is the reflexive pattern-and she could Bitcoin a broken upper limit line of the pattern When the price of 6420, reaching the current level at the price of 7670.
What is Segwit system?

Simply a system intended to increase the size of the block Bitcoin network
Where it is known that each block has a 1MB. And segwit aims to raise the volume to the maximum value of 4 MB, actually, signaling to 4MB is accepted.

Q: What is the purpose of this system?
Purpose: is to accelerate transactions to blockChain accelerated affirmations you take each transaction
There is a direct correlation between the size of the block and fast assurances, the larger the size of the block whenever affirmations faster

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