[2016-08-01]Bitcoin Price Drops As Block Size Uncertainty Looms Yet Again

[BTCBinary]

Bitcoin Price Drops As Block Size Uncertainty Looms Yet Again

Bitcoin enthusiasts who have been looking at the price charts will have noticed things are heading in the wrong direction. The meeting between Bitcoin miners and Core developers is causing a lot of concern right now, resulting in a Bitcoin price crash. These closed-door meetings are having a similar effect every time they take place, though...

http://www.newsbtc.com/2016/08/01/bitcoin-price-drops-block-size-uncertainty-looms-yet/

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[richardsNY]

I don't think it has much to do with this meeting, but if it has, then it may be a planned move to press the price more downwards after the sentiment has gotten lower. People were expecting too much from the block halving as they are moaning about the fact that nothing is happening anymore. It's quite sad to see actually.