[2016-03-05] Bitcoin Price Bearish After Network Hiccups

elyas772

hero member

Activity: 756

Merit: 502

Quote from: coinzat on March 06, 2016, 06:27:35 AM

I think this resent pump is ended now and the market will turn bullish again after that spam attack ends and everything back to normal with transaction and fees. So this slight drop will allow more people to buy cheap before the upcoming halving after few months

we have some bad news like ramsomware, also the bitcoin block size debate.
i think we will goes down maybe $375 . i doubt we comeback to $450 soon

coinzat

sr. member

Activity: 434

Merit: 250

Young but I'm not that bold

I think this resent pump is ended now and the market will turn bullish again after that spam attack ends and everything back to normal with transaction and fees. So this slight drop will allow more people to buy cheap before the upcoming halving after few months

elyas772

hero member

Activity: 756

Merit: 502

The Bitcoin Price Drops Below $400
On February 29th, 2016 the network had what some called a spam or fee attack which slowed trades down and left many unconfirmed transactions in the mempool. I personally waited three and a half days for a large sum of coin I sent over the blockchain for a small two-cent fee. This day had caused very emotional outbursts from people on forums from many in the community concerning the block size debate. However, the network hiccup had done very little to the price over the course of 24 hours as people may have been scared to transact. The following day on March 2nd saw record transactions with the start of a slight dip in price value per BTC.

http://bitcoinist.net/bitcoin-price-bearish-after-network-hiccups/

Topic: [2016-03-05] Bitcoin Price Bearish After Network Hiccups (Read 395 times)