Increase of BU adoption causes another 20% loss in value for bitcoin.
The question is when will it stop crashing? WILL it stop crashing?
The hard fork hasn't even happened yet and people already realize Bitcoin core is done.
Bitcoin Unlimited is gaining a lot of hash power.
In fact the Chinese miner Chandler Guo has vowed to switch to Bitcoin Unlimited, which will probably increase the total BTU hash rate to over 40% or even 45% when others follow suit.
Still, most exchanges say that they will only honor bitcoin core as the real bitcoin, so all deposits and withdrawals will be processed as Bitcoin Core and also the name BTC will be reserved for bitcoin core.
Bitcoin Unlimited will be listed as an alt coin on most exchanges.
Bitcoin is steadily recovering. I don’t think that it will crash any time soon, it’s already up to $1100 yet again.