Bitcoin Forum

Bearish Decline Claws Bitcoin’s Price

Ethereum has hard-forked and pulled it off pretty successfully some would say. Roughly 85% of the community moved to the revamped software and those who lost DAO money were refunded. This has caused a stir in the Bitcoin community as many have called the roll back a “bail out.” Many have bolstered the opinion that Bitcoin is far superior because it has never done a roll back and is immutable. However, there have been others within the Bitcoin community who have congratulated the team for a successful hard fork.

Of course, there has been a lot of blockchain news and many banks have been working on blockchain related projects. For instance, Barclays has been working on blockchain research and development in South Africa and the firm Mizuho Financial Group tested a cross-currency settlement prototype with Ripple. Moreover, the third largest multinational professional services firm EY released a report about blockchain technology reaching critical mass.

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