Post
Topic
Board Bitcoin Discussion
Re: Why Bitcoin is going down?
by
btcmayumana
on 22/12/2017, 19:58:32 UTC
Why bitcoin start going down and down will it goes below 10000$?
​​The Segwit2X hardfork will be held on December 28, all about the new Bitcoin fork. So servers are busy in current market. It is affect the Bitcoin value. In current situation all the miners are jump to altcoins only few of them are available in mining so transaction fees also increasing in crypto market. This is not a issue after hard fork it will automatically changed. Bitcoin value is raise gradually in crypto market.
I believe the segwit2x might also play a part on the drastic fall of bitcoins but altcoins are also dipping and bleeding seriously.According to coinmarketcap about 90% of altcoins are all in red and major decline in the entire market cap
At first i also feel this is cause by segwit2x and futures. But now, i don't think many people interest more in segwit2x, from coin.dance/blocks, there is still no progress.