There is one thing that am unsure of.
We all know that CME was gonna invest in bitcoins and thus it was gonna get in the market by 18 December.
Well it has already started trading also according to sources 51 billion dollars are going to be used up in all of this process.
But why the price is falling since yesterday ?
Yes.. I am fully aware of the fact that..none of the business trading is gonna take place in... Real bitcoins instead they are gonna use the money and dollars ..
Still its gonna affect the Bitcoins prices indirectly.
Also since the cofounder have sold all his bitcoins and converted it into bitcoins cash, I don't know if the afterwaves of it is still hitting.
Let's clarify this. Co-founder of Bitcoin.com. Not Bitcoin. Satoshi is the only one who founded Bitcoin. The other guy is a Bitcoin Cash shill. I must also note that Roger Ver, the owner of the same site is still holding his Bitcoins.
The drop probably has more to do with the co-founder noise rather than Bitcoin futures. I mean look at this forum. People seem convinced that Bitcoin had a co-founder and that he gave up on Bitcoin. Read up guys.
Jseverson people here should read more, much more then they read
now. Some people here do not have basic knowledge about Bitcoins.
People do not know that market is not behave in the way they wish it,
there are many reasons why price is moving so much.
Many people here is still not aware of that war between Core and Cash,
I can not say that I understand everything but in what I saw some of Core
supporters have better arguments than Rodger Ver and other Cash supporters.
I saw that BitPay will list BitcoinCash or BitCash, decide how do you wish to
call it. Even they are arguing for some time looks like both coins are going up
and gaining more popularity, is there enough space in this world for both?