After an almost $1,000 pullback from the $4,979.9
Collapsing exchanges seem to be a reoccurrence in the crypto market place, with the Igot bitcoin exchange having issues pertaining to customer refunds, as an added bonus on top of technical difficulties regarding
SegWit continues to spark interest and debate, with supporters of the protocol citing the whole operation as a success, and opponents of the soft fork referring to it as a complete disaster.
What's this I see? #segwit in action #bitcoin pic.twitter.com/w24PIgvrSi
— Rob Tichenor [#NO2X] (@Robtichenor) September 5, 2017
Don't like #BitcoinCash? Don't use it.
Don't like #segwit? Don't use it.
Don't like #Altcoins? Don't use them.
Free Choice = Free Market— Roger Ver (@rogerkver) September 3, 2017
The most vocal being Craig Wright, alleged creator of bitcoin, has managed to spawn a heated debate on Reddit, that is showing no signs of cooling down.
The reality of SegWit….
When the lies through statistics BS is removed pic.twitter.com/DzN3kuC6w8
— Dr Craig S Wright (@ProfFaustus) September 5, 2017
Many are looking toward the scheduled November hardforking event as a possible solution, should SegWit adoption falter.
I think my previous poll wasn't very clear. Let's try a simple one.
Do you support Bitcoin hardforking in November to double the blocksize?
— Charlie Lee (@SatoshiLite) September 5, 2017
ICO and ICO related crypto currencies, have taken quite a beating these past few days. Chinese regulators have advised their citizens against partaking in such ventures, citing the practice as being akin to illegal fundraising. South Korean regulators followed suit, by proposing additional strengthening of regulation, and more detailed monitoring of digital currencies.
Furthermore, the Russian Government has begun to discuss a state wide ban on the use of domestic energy resources, most notably electrical power for bitcoin mining purposes.
In the face of it all, ICOs and fintech firms, continue to garner a lot of attention. Only time will tell if national governments end up being able to regulate, and reign in on certain businesses practices.
ipfconline1: #Blockchain for Every Industry Beyond #Bitcoin & Financial Services#HealthTech #P2P #Retail #SupplyChain #Insurtech #Edtech i… pic.twitter.com/bfIAGoIwAv
— dbi.srl (@dbi_srl) September 4, 2017
A rapid decline in price began from the $4,979
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