Bitcoin cash continues to free fall this morning Bitcoin continues its upward trend trading currently $ 2885. Bitcoin cash surged and then drastically plummeted in the last 72 hours during its peak it reached $1300 now it's trading at $268. Bitcoin cash surged despite of its low hashing power due to the fact that it Forked off of Bitcoin. I think the DraStic fall also has something to do with many exchanges not supporting Bitcoin cash so possibly in the future it will start to recover to higher numbers. And that Steven is just simple speculation on my part. There's also news that they want to implement another hard fork in November creating a third Bitcoin, when in fact this will happen it will be the next Gold Rush to make some serious dough, you just have to make sure you're paying attention in the initial 72-hours, as it opens and trading begins. I also received a email last night from Coinbase stating that they will support Bitcoin cash by January 1st of 2018, which means I'm screwed until the first of next year, i will not be able to access Bitcoin cash that I received this forking process. By that time Bitcoin cash could be a complete loss. There is also a pending lawsuit against Coinbase. If you want to read a full story here is the link.
https://cointelegraph.com/news/coinbase-flips-on-bitcoin-cash-decision-promises-support
But it's good that I didn't put all my eggs in the same basket and I had Bitcoin stored on different trading platforms. Thank you for reading I hope you enjoyed my post.Vote Resteem and Steem On! Check out the Whalepower tag and the growing community.
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