Post
Topic
Board Bitcoin Discussion
Re: Why Bitcoin is dropping ? who can explain me ?
by
Anti-Cen
on 03/01/2018, 22:42:31 UTC
Bitcoin value was dropping recently because it under market correction. Thankfully, the bitcoin price started recovering very strong today with about 13% increase in value reaching up $15,000. That is a good sign showing bitcoin will soon be out of the correction period.

it's trading side ways and has been for weeks after a big drop that was due to far to expensive transactions
fees just to commit 250 bytes of data to the block-chain.

BTC has been lossing ground to ETH and Ripple because the miners got greedy and now no one
can really trust them or the development team who should had place safeguards in place like

public static money MaxFee = 1.50 // 20,000 miners fighting over a mere 7 trades a second is stupid

Spamming of the network for small trades during peek periods can be stopped too, it's not rocket science

if (Amount <0.001 && Mempool > 10,000)
   return Error.Trade_To_Low