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Topic: Nearly $2 billion has been wiped off bitcoin’s value in three days - page 2. (Read 1624 times)

legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
BU is/are starting to really piss me off now. I don't think they'll ever achieve consensus & that's what makes this all the more annoying. I'm a HODLER so technically I've lost nothing but it's still annoying seeing your bitcoin stash tank in value.
sr. member
Activity: 462
Merit: 263
The devil is in the detail.
Imagine how bad the headline and article will be if Bitcoin does fork with BTU... An epic price drop would follow, along with mainstream media crucifying Bitcoin in the process. This is not something I want to see happen, no one who supports Bitcoin should want to see that happen.
sr. member
Activity: 434
Merit: 250
Streamity Decentralized cryptocurrency exchange
This fork conspiracy, I think, has gone too far. Everyone thinks there's going to be a cut right into BTC mining and split the currency. This will never happen, but people are creating such panic.

First of all, you've gotta love the Yahoo article title. It claims the value has dropped because of a fork. There has not been any fork as of yet and there is not a need for one. BU is responsible for a small portion of miners and doesn't represent the currency itself.

We must acknowledge that this is just bad coverage of Bitcoin and rather the price dropped a bit due to lack of participation in different sectors of the community. Too many people got on the sale train but it will rise in the next week. It's a currency - it will fluctuate. Stop all the FUD about a fake fork.
legendary
Activity: 3710
Merit: 5286
It's good to see the mainstream media is keeping up with their constant negative news regarding Bitcoin.

I was starting to wonder if they had gone soft.

Hear that Average Joe? Stay the fk away from Bitcoin. It's a terrible idea. Stay the FK AWAY! Keep your fiat savings in a bank account, you'll do much better in the long term.
legendary
Activity: 1232
Merit: 1091
In Bitcoin things don't actually need to happen in order to get the price to decrease. It's just the speculation about a potential fork in case BU happens to receive enough support. Traders in Bitcoin are easily to manipulate, and the larger crypto related news sites are heavily contributing with certain articles that the average Bitcoiner struggles with to understand. No way to see where this will end, but I don't think we'll test $900 any time soon, unless another panic wave gets triggered.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
Nearly $2 billion has been wiped off bitcoin’s value in three days all because of a fork. FUD

FTFY.
there is no fork, there never was and the possibility of a fork is too small at the moment.

people seriously need to check their facts. it is only 30% of mining power right now and there is no guarantee of it growing and it may never grow just like other XT, Classic, etc.

if doesn't go up it is dead in the water and if by a small chance it goes up and reaches the majority consensus and fork happens properly, there will be no other chain. there will only be one chain. and bitcoin will continue on.
sr. member
Activity: 462
Merit: 263
The devil is in the detail.
Nearly $2 billion has been wiped off bitcoin’s value in three days all because of a fork.

Headline from the front page of Yahoo.com

Source: https://www.yahoo.com/finance/news/nearly-2-billion-wiped-off-121914544.html

This is why BTU needs to go away and the scaling wars need to end. How far will the value of BTC drop should this clusterfuck continue?
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