Quote from: staradvincula on November 11, 2017, 11:56:48 PM

Quote from: XECTA on November 11, 2017, 06:23:32 PM

The notoriously volatile cryptocurrency bitcoin has fallen to its lowest price this month after rallying in the first week of November and then crashing by more than $1,000 on Thursday and Friday.

The price of a single bitcoin is down 4.53 per cent at $6,272.24, according to Coindesk's aggregate index, a level it hasn't reached since the end of October.

Bitcoin surged to an all-time high of almost $7,900 on Wednesday, before dropping by more than $1,000 in 48 hours.

The surge was prompted by the suspension of a software upgrade that could have split bitcoin into what's called a "fork".

The most recent slump came as some traders dumped it for a clone called bitcoin cash, which has seen its value soar in the last few days: it's price is now up by 54 per cent to $1,247.

This is very alarming! Bitcoin price fall about 8% as of Nov. 10, 2017, fro $7,000 fall down to $6,475.40. If this will continue, it will bring a big effect to the entire business world.

LOL! LMAO! This is a joke that made my day Cheesy

If you are saying that an 8% price fall is alarming, then you might be a true Newbie or just helping spreading FUDs. 8% fall is not that of a big deal when it comes to Bitcoin. 20% is still considered normal so you should relax now and not be "alarmed" anymore. There is no reason to be alarmed in the first place, this is Bitcoin.