RATE Group | Bitcoin – Stick A Fork In It
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Bitcoin – Stick A Fork In It

24 Nov Bitcoin – Stick A Fork In It

Posted at 17:17h in Bitcoin News by

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Bitcoin’s Latest Fork Causes Confusion and Price Drop Getty

As of November 15, Bitcoin had yet another fork which triggered yet another wave of price declines (according to coinmarketcap and coinbase) the combined value of Bitcoin and Bitcoin SV is far less than the $6,200 that Bitcoin was trading at on November 14.

This latest drop in price just added to many awkward Thanksgiving conversations.  I remain of the view that it isn’t a total coincidence that the meteoric rise in Bitcoin to almost $19,000 in December 2017 started just ahead of American Thanksgiving as college students came home and explained the potential investment to their family and friends.

But now, over a year later, anyone who purchased Bitcoin has lost money (in US dollars).  Not making money in a year is enough to demoralize some die hard HODLers, let alone curious potential…

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