I dont know why the bitcoin price down so fast who know some big event please give me the reasons.
Just because many people who wished to [Suspicious link removed]2X coins and bought bitcoins have just started to sell their bitcoins and buy altcoins once again.It was an expected move.So,no surprise about it.Sad story of them for selling altcoins to get free coins and now once again buy altcoins,but now do not have any free coins.Just their journey was a waste from altcoin to bitcoin and now once again to altcoin.
Agreed. But anyone know the reason for high demand of bitcoin cash? Do you think bitcoin cash will replace the BTC?
Bitcoin.com has been pushing BCC as the real BTC, which it isn't. And...surprise surprise, they're one of the main backers on BCC. Other factors are are BTC's scalability and cost. At some point BTC will need to implement larger blocks. 2x failed to gain consensus due to the lack of replay protection. Sooner than later it will come back round, and we'll see the same kind of pump, as people once again buy BTC in the hope of getting free money.