Topic: A Little Review: Three Earth-Shaking Cryptocurrency Events (Read 238 times)

While the other two events are somewhat relevant, BTG does not belong in this picture. I would not even consider it a good altcoin, it basically has no support.

i disagree
these aren't really "game changing"! for example the premined BTG is not even worth considering. the useless bitcoin cash which only gets pumped and dumped is also the same. and the S2X fork was expected to be something like this.

in other words pump and dumps started for the millionth time because they found an excuse to pump a couple of altcoins including BCH.

it wasn't money migration, people never sell bitcoin then use the fiat to buy bitcoin cash. instead they sell bitcoin and buy bitcoin cash directly in the BTC/BCH market.
and the reason for bitcoin drop to $5555.5! was manipulation and FUD and the panic that followed. the price dropped about 30% like all the previous drops under same circumstances...

it has nothing to do with "gold" but the name.
and lots of different exchanges have already announced their support for trading BTG a long time ago and people have claimed, dumped, and traded their bitcoin gold already!
https://coinmarketcap.com/currencies/bitcoin-gold/#markets

Most ppl who aren’t reading up nor investing in ICO’s, think incorrectly that Bitcoin is thee only crypto currency and that all of the other ICO’s are using it — which in a way is valid, yet the concept is skewed. Bitcoin hopefully will stay strong enough to be the leader it is, but for how long? Since the speed of it will eventually become an obstacle too large to solve for it ... though the true fear is that whichever ICO comes in to replace it in the future may be one sponsored by mainstream banking — as we know, that would basically change crypto into the old traditional banking world ... that is very real since all of the billionaires in the mainstream world are now looking into the crypto world as their next step. Once they take a collective step, we’re going to be going back under their system again.

Getting involved in cryptocurrency means you have to be ready for some 'crazy' events to take place anytime of the day...Bitcoin can be a mesmerizing yet profitable rollercoaster ride and to an unbaptized newbie can be shocking at times but just normal for the 'oldies' like us here in this forum.

I know these 3 events have already been extensively discussed and analyzed. Just presenting here the summary of the following very important and even game-changing changes:

1. As wished by the many, the Segwit2x hard fork was officially gone  on November 8th. People who expected to receive their free coins have to wait next developments when can be the next hard fork. The cancellation became the catalyst for many to look  for alternative investment vehicle other than Bitcoin...they found it on BitcoinCash albeit also temporarily.

2. Bitcoin Cash made its historic surge. The coin that came into being last August  soared like an eagle into the sky as high as $1,953 per coin. This made the Bitcoin to drop around $5,600 most likely because of the money migration from Bitcoin to  BitcoinCash. Today, Bitcoin is making a big comeback and things are stabilizing for good.

3. Welcome BitcoinGold! I am not so sure if anyone has already  claim the free coins. BTG is now on its fledging start as for now no exchange has yet announced support the trading BTG. We are watching on more updates about BTG. Anyway, since it is already here might as well make it as valuable as the rel gold, right? There will always be available space in the cryptocurrency world for another good altcoin...to weed out all the shitcoins already crowding the market.

The bottomline here is that as the year is about to closed and we are entering the start of 2018, the world of cryptocurrency is brewing with interesting developments that may have the bearing on how the future would shape.

Love riding the rollercoaster? Do you think we are still on track or have we gone sideways?