Quote from: adaseb on November 15, 2018, 09:10:21 AM

Quote from: QuintLeo on November 15, 2018, 07:00:13 AM

Quote from: jasta more on November 15, 2018, 12:25:49 AM

Quote from: Stubo on November 14, 2018, 09:21:39 PM

Does anybody know what is driving down most of the market today by ~15%? I have been looking for news but have not yet found anything. One would think coindesk would have something but ...

bch fork fight probably
https://mobile.twitter.com/ProfFaustus/status/1062751765601361923

That doesn't make sense - it would tend to drop BCH and aid other coins.

I don't understand the exact reason for the drop either.

Its definately not people selling BTC to get BCH so they can get the forked coins.

It "could" be Craig Wright saying he is Satoshi and how he plans to sell large quantites of BTC to fund the hash rentals to mine BCH SV instead of ABC or BTC. However is he really "Satoshi"? Hence the reason why this reason for the drop is farfetched.

Two things I found from the interwebz:

- Why are cryptos falling? Some speculate that Christine Lagarde's call for central banks to issue their own digital currencies. The Managing Director of the International Monetary Fund is an influential politician. If government-issued cryptos are in play, they compete with the decentralized ones.

- Others point to the upcoming hard fork in Bitcoin Cash. Coinbase, one of the world's largest crypto-exchanges, decided to shut down trading in BCH ahead of the fork.

Since Binance already said they will support both chains, it sounds like a no-brainer. One should load up on BCH now before the fork. Now ofc, if the split doesn't go through, BCH could just resume trading... at a much lower level. Hmmm.

How likely is it that the fork will go through and there is enough hash on both sides?