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Author Topic: Bitcoin Is Dumping? But Why? The Simple Answer Nov 12 - 2017  (Read 195 times)
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November 12, 2017, 12:25:49 AM

I know that many people are worried about current dump of Bitcoin price but as there are lots of troll across the Internet and everyone want to get as many cash as he can get, so no one will be there to tell you exact reason, people will just troll you by just telling you that it is because of 'so called' scaling. That is not an exact reason why Bitcoin is dumping this time while it was around $7900 on Nov 10. Maybe you are worried about that the transaction is taking too much time and you are paying more fee you paid in the past. All it is because Bitcoin Mining is not decentralize nowadays, Mining pools are just mining empty blocks just to hack Bitcoin Netwrok, it is because of the current hardfork which has delayed because of 'so called' security risk which is just a rumor. Just they want to show that if any hacker can hijack Bitcoin Network then they are worst than those hackers. Therefor community is not taking interest in Bitcoin Mining because if they mine, they will get nothing. All we need to do is to create a decentralize mining pool, But as it require some investment and you will never find someone here to pay from his pocket to create a decentralize mining pool. So I just want that community must pay attention to this. They should do something so we may get rid of those mining pools. I have noticed that difficulty has increased comparing to past week. If we support Bitcoin this time then it can maintain its value as it was growing in the past. The community can create a Decentralize Mining pool by itself. It can launch an Escrow based ICO by creating a token for Decentralize Mining pool to be built or an individual can do by paying from his pocket, As for nodes we pay from our pocket so it can possibly be happened.
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