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Title: [2016-03-05] Bitcoin Price Bearish After Network Hiccups Post by: elyas772 on March 06, 2016, 07:58:57 AM The Bitcoin Price Drops Below $400
On February 29th, 2016 the network had what some called a spam or fee attack which slowed trades down and left many unconfirmed transactions in the mempool. I personally waited three and a half days for a large sum of coin I sent over the blockchain for a small two-cent fee. This day had caused very emotional outbursts from people on forums from many in the community concerning the block size debate. However, the network hiccup had done very little to the price over the course of 24 hours as people may have been scared to transact. The following day on March 2nd saw record transactions with the start of a slight dip in price value per BTC. http://bitcoinist.net/bitcoin-price-bearish-after-network-hiccups/ Title: Re: [2016-03-05] Bitcoin Price Bearish After Network Hiccups Post by: coinzat on March 06, 2016, 11:27:35 AM I think this resent pump is ended now and the market will turn bullish again after that spam attack ends and everything back to normal with transaction and fees. So this slight drop will allow more people to buy cheap before the upcoming halving after few months
Title: Re: [2016-03-05] Bitcoin Price Bearish After Network Hiccups Post by: elyas772 on March 06, 2016, 01:55:19 PM I think this resent pump is ended now and the market will turn bullish again after that spam attack ends and everything back to normal with transaction and fees. So this slight drop will allow more people to buy cheap before the upcoming halving after few months we have some bad news like ramsomware, also the bitcoin block size debate. i think we will goes down maybe $375 . i doubt we comeback to $450 soon |