Despite the massive
Yesterday’s reversal was immensely painful for margin traders. Needless to say, altcoins have continued to crater, and have even in some cases, secured new
Ouch! The CEO of Swift just posed in front of a bitcoin mine on stage at #Sibos, followed by an image of tulips. pic.twitter.com/q4RyzCO88H
— Michael del Castillo (@DelRayMan) October 16, 2017
The bitcoin fork appears to stirring up a lot of controversy, with certain sources stating that there is practically no support for bitcoin gold. This equally applies to exchanges as well as wallets providers, and the project might be running into a few technical difficulties, which could explain the lacking support.
TLDR; #Bitcoin remains #Bitcoin even if Segwit2X hard fork is succesful, the legacy chain keeps its name. Good to see exchanges take a stand pic.twitter.com/WwlRcHaw0K
— WhalePanda (@WhalePanda) October 16, 2017
What are you doing before the #Bitcoin fork? And why?
— CryptoMillion21 (@CryptoMillion21) October 14, 2017
As to whether bitcoin is in a bubble and/or near the top, there are many conflicting opinions on the matter, although it should be obvious to anyone who has even remotely glanced at the charts.
So much fun from a top bank CEO. Bitcoin price and Jamie Dimon quotes.?? pic.twitter.com/kVTeT2B824
— Etherium (@EtheriumToken) October 13, 2017
Jamie Dimon, with his endless slurry of quotes on bitcoin, is regularly referenced across social media, and mainstream media as well, which rarely miss an opportunity to cite him for their wider audience. Regardless, hourly volume has sustained on the majority of bitcoin centric exchanges, and waiting a few more days in order to gauge overall sentiment, would probably be a wiser course of action.
Is bitcoin a bubble or the future of everything? pic.twitter.com/mDHm81wenN
— Business Insider (@businessinsider) October 6, 2017
Media news outlets in South Korea have reported that Bithumb, the world’s largest cryptocurrency exchange by trading volume, suffered a security breach that ended up affecting 30,000 users on the trading platform. Government agencies have considerably ramped up their efforts, with Seoul’s Metropolitan Police Agency and the Central Prosecutor’s Office for Advanced Criminal Investigation, leading the investigation and taking point on resolving the controversy regarding the situation.
Tweets by BithumbExchange
The previous week saw a huge 28.74% rise from bitcoin’s $4,541 weekly low, which began on October 9 (GMT 06:00). The breakout concluded at the $5,846.43
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