[2017-03-19]Newsflash: Bitcoin Price Loses $200, Falls Under $950

[dxypp005]

Bitcoin price has sunk to a 30-day low, losing over $200 in a 24-hour period to hit a low of $938.73 on the Bitstamp Price Index (BPI).

The ongoing debate about a hardfork of the bitcoin blockchain that could see two separate networks with two separate assets has possibly triggered a bitcoin price spiral to levels unseen since February 9. At the time, price crashed to a low of $915 from trading levels above $1050 after two of China’s biggest bitcoin exchanges paused bitcoin withdrawals, a measure that still stands today.

At 15:45 UTC on Friday, BPI figures reveal the cryptocurrency trading at nearly $1,160. 24-hours later, bitcoin lost over 18% of its value, hitting a low of $948.73.


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At the time of publishing, bitcoin is rebounding back toward the $1000 level, trading at $979.
As bitcoin falls, its closest competing crypto-token, ether, has now been surging for a week. Ethereum prices nearly scaled $60 yesterday.

For a live Bitcoin Price chart, click here.

All time references are in Coordinated Universal Time (UTC).
read:https://www.cryptocoinsnews.com/newsflash-bitcoin-loses-200-falls-950/

[Quartx]

Looking forward to it falling to sub 700s again, I just hope btu would not be it's own ticker, screw the hard fork

[Bitware]

and it's back up to $1011 again.

[Iranus]

The price has been pretty crazy for the past few months, maybe it's a good sign that it's settling down.  It'll give the more dedicated Bitcoiners time to buy.

[Pattberry]

Looking forward to it falling to sub 700s again, I just hope btu would not be it's own ticker, screw the hard fork

The price wont fall for a long time below $1000 as i think we have a strong resistance at that level,you cannot negate the fork talk here as we need to implement something about the transaction delays and what is best for that is a matter of debate and the core has to come to a decision on what to do with it.