Bitcoin Price Could Fall as Low As $1500 — Bloomberg Intelligence

Lloyd Doyle
November 18, 2018

Bitcoin Cash ABC [IOU]'s official website is www.bitcoinabc.org. Bitcoin Cash ABC [IOU]'s official Twitter account is @Bitcoin_ABC. For Bitcoin Cash, the hash rate as jumped from an end of October 3.3068E to 7.8116E on Friday, an all-time high for Bitcoin Cash.

Ethereum Classic (ETC) is now at $7.53 against the Dollars, a -1.14 percent change in the last 24h.

Bitcoin (BTC) traded down 0.1% against the dollar and now trades at $5,632.19 or 1.00000000 BTC.

Litecoin (LTC) is now at $42.72 against the United States dollars, a 0.08 percent change in the last 24h.

Tether (USDT) traded 0.2% higher against the dollar and now trades at $0.98 or 0.00017486 BTC.

Monero (XMR) is now at $87.82 against the Dollars, a -0.46 percent change in the last 24h.


Bitcoin Atom (BCA) traded down 1.2% against the dollar and now trades at $0.22 or 0.00003965 BTC.

Unobtanium (UNO) traded up 1.4% against the dollar and now trades at $49.48 or 0.00880416 BTC. The Bitcoin price of NEO is at 0.00227174 BTC. The Bitcoin price of ADA is at 0.00001100 BTC.

The immediate cause of the across-the-board reaction wasn't clear, but may have been a prelude to the pending Bitcoin Cash hard fork set for tomorrow. However two main differences are the the blocksize limits, as of August 2017 Bitcoin has a 1MB blocksize limit whereas BCH proposes 8MB blocks. The fork could split the BCH protocol in two separate chains, each with its own version of the Bitcoin Cash token.

Innes said the disruption over the new bitcoin cash fork has created too much "noise" that triggered a "when in doubt get out" cause and effect.

People can buy BCH at exchanges including FCoin, Ore, and EXRATES. It is usually not presently possible to buy alternative cryptocurrencies such as Bitcoin Cash ABC [IOU] directly using US dollars. Investors seeking to acquire Bitcoin Cash SV [IOU] should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly.

Numerous bitcoin's closest peers also slid on Thursday, while bitcoin cash, which was set to split into two coins yesterday, sank another 10 per cent.

Other reports by Iphone Fresh

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