Bitcoin Cash [BCH] skyrockets and breaks the $1500 limit (AMBCrypto)

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Cryptocurrency Blog MAY 10 A closer look into the story behind the split of Ethereum and the current scenario of both versions of the platform that revolutionized the way solutions to real world problems were built.

This week cryptocurrency markets are steadily trying to hold its upwards momentum as BTC and ETH markets struggle today losing percent in value over the past hours. Is Bitcoin Halal or Haram? This past April, the firm Blossom Finance based in Indonesia, published a page working paper that declares Bitcoin and other cryptocurrencies compliant with Islamic financing or Shariah Law. The news comes at a time when a great majority of Muslims and clerics have been uncertain about whether or not bitcoin falls under the rules of Islamic banking and helps solidify the cryptocurrency among Islamic participants who have invested.

According to the Islamic microfinance company, Blossom Finance, virtual currencies do qualify as Islamic money, unless it is banned by the local government. Bitcoin Cash - A Brief History Coinmama added three new cryptocurrencies to our lineup in addition to our Ethereum and Bitcoin packages.

Now our exchange is pleased to announce the launch of Bitcoin Cash, Cardano, and Litecoin. Today we're going to give our users a brief history of the cryptocurrency Bitcoin Cash BCH so our customers can get a good grasp of knowledge on our new coin additions. During this summary we will talk about the Cardano ADA platform and why the cryptocurrency has been a top digital asset over the past year. All three of these digital currencies are top performing assets within the cryptocurrency economy and we decided to give our users a bit of history on each coin.

Both cryptocurrencies have values that are far off from December but still way higher than last year. Regulatory Winds Brew While Crypto-Proponents Remain Optimistic A lot has changed since our last weekly update in the world of cryptos as bitcoin has dropped in value consecutively over the past six days.

Cryptocurrency Markets Heat Back Up Heading Into the Spring Months of A lot has changed since our last roundup, where bitcoin BTC and cryptocurrency prices took a 65 percent drop over the first six weeks of the new year. Regulation and the Winter of Cryptocurrency markets have dropped in value considerably due to multiple factors including increased regulatory scrutiny and a recent Japanese exchange hack.

Per usual a lot has happened since our last report with bitcoin, ethereum, and crypto-markets in general.

A lot has changed since our last roundup, but that typically has been the case every week this year. But markets have rebounded nicely the day after Christmas on December The cryptocurrency community is elated about the price, to say the least.

Crypto-Chaos After Segwit2x Developers Cancel the Fork Another thrilling week in cryptocurrency land has passed, as the biggest news of the week was revealed on November 8 detailing the Segwit2x fork was canceled.

At the same time, investors rushed to the existing alternative, Bitcoin Cash, which caused a phenomenal rise across global exchanges following the big announcement. At press time, one BCH is traded at approx. Bitcoin traders, investors, and enthusiasts are excited this year as the decentralized currency has surpassed many expectations.

The turing-complete cryptocurrency has recently finished a successful hard fork and continues to remain stable in value.

Although the markets have dipped, traders are still positive that new price highs are on their way. The lift in price has also pushed up the value of other cryptocurrencies like Ethereum. Furthermore many neighboring countries like Japan are reaping the benefits of Chinese exchange closures. Since the drop in price, the value of digital assets like bitcoin and ethereum had remained relatively stable compared to when Chinese exchanges first announced closures.

On August 1 or shortly thereafter a new digital currency may fork away from the Bitcoin main chain forming its own network. During the course of the week, there's been a lot of discussion about the subject throughout many cryptocurrency forums. Many bitcoin proponents believe the decline in price is attributed to the current deflating alt coin markets that have been losing significant value.

Market observers believe both cryptocurrencies are experiencing a healthy correction after the strong price run-ups over the past few weeks. Following the weekend markets took a 10 percent downturn, but more trajected upswings in prices are likely to continue. When it comes to bitcoiners, all eyes are focused on the exponential growth of cryptocurrency markets alongside the thousands of newcomers joining this evolutionary economy every single day.

However following the day of extreme upward price velocities both cryptocurrencies lost 30 percent in value over the course of the next day. Both Ethereum and Bitcoin have rebounded percent since then and have consolidated their values for the time being. The Financial Revolution Begins as Cryptocurrency Markets Soar to Whole New Levels Cryptocurrency markets just wrapped up one of the most eventful weeks in digital currency history as both Bitcoin and Ethereum markets have been soaring.

Bitcoin and Ethereum Prices Break Global Records as Crypto-Markets Jump in Value Another glorious week has passed in the world of cryptocurrency as global markets are growing more valuable each and every day. Cryptocurrency Continues to Prime a Path Towards Decentralization and Financial Independence Worldwide blockchain headlines have been feverish again as bitcoin continues its course making waves in the financial world.

Exciting developments contribute to the value of Bitcoin and Etherium Global News regarding cryptocurrency leave positive effect on the two dominant currencies - Bitcoin and Etherium. Craig Wright, Russia, Microsoft and much more, discover what happened in the land of cryptocurrency this week. Enthusiasm has been high as many within the cryptocurrency community is excited about the current price uptrend.

The Bitcoin community has been laser focused on the scaling debate while different talks of proposals take place. Meanwhile the cryptocurrency Ethereum has reached an all time high. Furthermore, there has been quite a bit of demand coming from countries with significant inflation, capital controls, and poor monetary planning. The price has been somewhat volatile as news from China's central bank has slightly affected Bitcoin trading markets with their recent inspections.

However, Bitcoin is now moving once again in a positive direction with many wondering if it will surpass 4-digits in the near future. Worldwide Bitcoin Interest Rises Exponentially During the New Year Another interesting week has passed in the cryptocurrency world as bitcoin continues to gain more adoption and popularity. As reported by Coinmama last week bitcoin reached its all-time high but has subsequently dropped in value roughly six hours later.

Bitcoin Continues its Course as the Asset Class of the 21st Century The first week of the new year in has been very exciting within the cryptocurrency circuit. However the following day the cryptocurrency's price corrected 20 percent over the next two days. It's been a very interesting week in the crypto-world and digital currency enthusiasts and onlookers wonder— what will happen next? The last time the digital asset hit this milestone value was in November of Another Exciting Week for Bitcoin Dec.

It sure has been an exciting week in the world of Bitcoin. Bitcoin's Hottest Updates Dec. Bitcoin dominance continues to hold above 86 percent, and Ethereum has since climbed back up the ladder since our last report. The cryptocurrency community has also been laser focused towards countries like India having unusual economic times.

Bitcoin's Hottest Updates Nov. As the BTC fiat value has been uneventful, people have been wondering if there will be an uptrend or downtrend within the near future. For now, the price remains steady as cryptocurrency community waits for a breakout.

Many cryptocurrency enthusiasts hope the price will continue its upward trend. Coinmama's Weekly Review Nov. The volatile value has been ideal for intra-range traders offering money to be made in between swings. Coinmama's Weekly Review Oct.

However, rumors of Chinese officials curbing the use of Bitcoin due to capital outflows seemingly scared the market. The value of Bitcoin dropped at the same time these reports were published.

The industry is seeing increased adoption, new software, and a very positive outlook for the future. Let's have a look at this week's most trending moments in the blockchain space. Over the past few months, the cryptocurrency space has been shaken, not stirred, by a series of high profile hacks.

Predicting where Bitcoin will be in 10 years — How will the world look like? Being the first majorly used cryptocurrency, Bitcoin has come a long way within 7 years of its beginning. Even though there were other systems existing before it, Bitcoin gained the most traction. But now, with a lot of competition coming its way, what will happen to Bitcoin in the coming decade?

Decentralized Autonomous organizations DAOs DAO or Decentralized Autonomous Organization refers to the decentralized network of narrow-AI agents that are autonomous, whose function is to maximize the production output and divide the labor in different computationally difficult tasks. Ethereum vs Bitcoin Most of you out there must be familiar with Bitcoin. If you do not know what it is, then you may have at least heard of it. Bitcoin is not a recent thing though, it has been around since While it may be the first crypto-currency, it certainly is not the only one with Ethereum being one of its biggest competitors right now.

What if you could bind lawyers, banks, wills and contracts all into one single entity; thus removing the need to individually located and pay these intermediaries, and make it all a more efficient process.

It is a technology that is set to change how contracts are made, modified, handled and executed. Ethereum for dummies To put it in simple words, Ethereum is a decentralized platform for running smart contracts. Smart contracts are applications that run just the way they are programmed, with virtually zero possibility of any censorship, fraud, third party interference or downtime.

Bitcoin and Blockchain, the unbreakable connection People got to know about the Blockchain technology through the revelation of virtual currency, Bitcoin. How to Sell Your Bitcoin Your options for selling Bitcoins as for today, are through various Bitcoin exchanges or private individuals that buy and sell Bitcoins.

How to store your Bitcoins How to store my Bitcoins? Which wallet should I use? We're excited to announce. CoinMama has been re-coded from the ground up. During this process our main objectives were to keep the website visually as clean as possible, to create an easier website to navigate through and to simplify the process of buying Bitcoins.

What are virtual currencies all about? It's nearly impossible to read the tech news without coming across talk of virtual currencies --more specifically, Bitcoins, or even Litecoins.

So we're here to tell you what it's all about, and why you should if you haven't already join the movement. Coinmama - The easiest way to buy virtual currency!

By now, many people who want to purchase virtual coins with their credit cards have realized that there is no place to do so. This is why we are here to introduce you to Coinmama By: Coinmama's new features are just around the corner!

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BCH is bitcoin now. You have to understand that people want to transact with bitcoin. The 2x failure is evidence that segwit 1x will never have a proper scaling solution and is hijacked. Discussing BCH in terms of fiat Talking about a flippening. And you will never understand why this is happening. Bitcoin never was just a store of wealth until you marxist retards came along. I don't know, I bought USD a couple of monbths ago and I didn't see the 'promised' results, judge for yourself.

I'm calling you a retard for caring about the fiat price instead of sats if you really are talking about a flippening, because becoming 1: People want to transact with bitcoin and bitcoin won't have a scaling solution for atleast 2 years.

What the fuck is so hard to understand about this? No way in hell I'm buying this crap at this price, too risky, when coinbase adds BCH the price is going to dump hard, BTC may drop but its bound to recover.. It's not that I'm against bigger blocks, I just wish bigger blocks would be agreed upon by Bitcoin rather than having to put my money on Bitcoin Cash.

Should I move my Bitcoin to an exchange and exchange it for Bitcoin Cash? What the fuck is going on? Is "Bitcoin Classic" the actual Bitcoin? The one where the devs abandoned it today? Ya I don't know what the fuck to do anymore. Considering moving half my btc over to bch but. I think it'll crash down like last time, but I've got a feeling it's got one more pump in it.

Buy bit cash while you can because it's going to skyrocket if bitcoin crashes. Funny thing is this coin was getting shit on by Veeky Forums each time a thread came up about it by numerous shills. Should I sell it now and wait for another crash to buy it again?

I'm so hype rn holy shit. I bought all in at 0. Hope i do not get burned. This is all in for me. But this shit is going nuclear right now. All of my bitcoin losses have been balanced out by the BCC pump today. Dollar value of my portfolio is stable at 25k and BTC value is increasing. Now I only have a little BCC, not enough to offset the other losses today.

You people don't realise BTC is about to implode because of fear alone, even if people think they're buying into the BCH high they're not , they'll sell BTC and turn to USD and wait for things to cool down, after the flippening is finished.

It was 50 a few hours ago. Total BTC blockchain hashrate is going down but it's going down slowly. There will be no flippening this fast. Do you think exchanges will add BCC trading pairs in a few days? Everything is coupled to BTC. Also it will take months if not years to convince wallstreet and normies to buy a different Bitcoin. Jeah, just never went all in before. Started with bucks, made my way to a measy 2k Would suck if i lose my gains now. I can move these markets. Summon me with your planeteer rings if the Bitcoin Cash Price ever shutters.

How about you think for one second. You actually think this is genuine growth? You realize this is Jihan reverting to his old fork since he has a million of them personally and can fully inflate the price himself?

Do you seriously believe that BCC will keep on rising? Freakin sweating cause I dropped the instant I bought it. And to make my worries lighter: Wallstreet is smarter than you, they don't sell their hedge in an uncertain market, the only people that sold their BCH are gullible normies. Normies will buy whatever is provided to them, when Coinbase adds BCH normies will start wondering which one to buy when they're listed side by side and will research.

I'll be honest, I'm a bit buttmad. I was selling the BCH swings and had my sell set at. Difficulty of mining and therefore cost: I'm not buying again until it's sub , which will likely be by early December. I can say that out of everything, getting into BCH here and reallocating funds has shown me that BCH's faster transfer time is pretty neat.

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We use cookies to personalize content and ads, to provide social media features and to analyze our traffic. We also share information about your use of our site with our advertising and analytics partners. Answer this thread Start new thread. All urls found in this thread: Oh well, that's kind of strange.

Why are koreans pushing this coin? So, Antminers are worthless now? Fake new's, your pussys, bitcoin is going back piece of shit niggers!

Yes, do it ASAP. This is not going to end well for BTC bagholders. BCH is the upgraded bitcoin fork. I'm really fucking tempted to sell my bags then buy this ath. That's what they want you to believe. It's fucking over boys. Kept mine from the fork to insure against something like this occuring.

I made the price drop. I am the Anti-Gain Prophet. Everything is coupled to BTC Also it will take months if not years to convince wallstreet and normies to buy a different Bitcoin. Hope it will be okay. If not, time for some Veeky Forums begging like a true pajeet.

Buying bch right now Holy shit, think about it for one fucking second. Gonna wait the night and kill a bottle of whiskey and cuddle my cat. I won't let go of my cat tonight. Please lend me luck Sir Cat-Alot pic for you guys to help me stay calm. Daily reminder bcore jewstream is a total shitcoin and BCH is real bitcoin. Pairs will be added quickly, this literally can happen overnight.

BCH continues to drop I'll be honest, I'm a bit buttmad. Literally pairs being added before you even said that moron. Go look at wex. Disable AdBlock to view this page.

Confirm your age This website may contain content of an adult nature. About Privacy We use cookies to personalize content and ads, to provide social media features and to analyze our traffic. Today is the greatest day of my life. Anyone else feel like they're learning a shitload about markets from all this? Did anyone else lift because of him. When will the most coin miners stop mining, because it isn't anymore profitable?