Post
Topic
Board Speculation
Re: BTC price down on yobit, btg now trading
by
bitcoinisbest
on 23/10/2017, 17:02:06 UTC
So the btc price has taken a bit of a dive on Yobit when the btg trading opened up. Does anythink that the prices will come down on other exchanges like this?

I honestly didn't think btg would move the price of btc at all.

The bitcoin price drop has nothing to do with bitcoingold. It's just people profit taking (and is happening on all the exchanges) 

Another reason some might be unsure about the after effects of the hard fork . So in such a scenario are selling the btc before the fork takes place. So sort of panic selling happening and due to which the price is coming down. Though it has moved to to 5840$ now.