What is Bitcoin Cash and where to buy the cryptocurrency?

What is Bitcoin Cash and where to buy the cryptocurrency?

What is Bitcoin Cash and where to buy the cryptocurrency?

With that being said, I'm sad to report that it's not just Bitcoin struggling on Friday. At that point, it was already well below the $19,783 all-time high it had hit the week before.

After 11 a.m. on Friday, Coinbase, one of the largest bitcoin exchanges in the US, announced that trading had been temporarily halted. Most are down over -10 percent in 24 hours, including Bitcoin Cash.

The crash has been so drastic that Coinbase, one of the leading Bitcoin marketplaces, halted buying and selling of the currency on Friday morning.

Chances are that if Bitcoin gets brought up in conversation, that conversation will go one or two ways: either the people discussing it will love it or they will hate it; either they will want to invest all of their money in the digital currency or they will argue that it is a speculative bubble. Despite the precipitous drop, the price has not stabilized, and is experiencing extreme volatility. "All Coinbase employees and contractors were explicitly prohibited from trading Bitcoin Cash and from disclosing our launch plans over a month ago". A Wednesday update said "wire deposits and withdrawals may be delayed by up to 5 business days".

On Tuesday, the owner of the South Korean Youbit digital currency exchange filed for bankruptcy after a hack resulted in the loss of 17 percent of its assets.

During the middle of the week, numerous altcoins were making price gains while Bitcoin continued it's bearish descend.

"We see the exit of short-term speculators and we have seen it before".

Stocks such as Riot Blockchain that have soared dramatically on speculation around their connection to bitcoin and its underlying blockchain technology also traded lower Friday morning by double-digits.

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