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BCCHardware.com => General Mayhem => Topic started by: Zeus on August 14, 2017, 09:16:59 pm

Title: Bitcoin Tops Over $4K and Climbing
Post by: Zeus on August 14, 2017, 09:16:59 pm
If you were excited last week when Bitcoin topped over $3,000, you probably wish you bought some as you could have make better than 25% on your investment in less than a week. This week the cyptocurrency has already reached $4,135 and is still climbing. There is no sign of things slowing down, but as Jason stated last week on WeeklyTechUpdate, there could come a day when people realize that this virtual currency actually has no value. That day, everything you've got could be worth exactly $0.00. You can even use it for personal hygiene as it's all virtual. Still, this week, it looks very good.

   Two weeks ago Bitcoin went through a hard fork, and came out essentially unscathed. Sure, a bitcoin-clone called Bitcoin Cash was created, but it’s gotten a lot less attention than most people expected. A few days later Bitcoin locked in SegWit, a code modification that fixes malleability issues and frees up space in blocks, allowing for more transactions to be stored in each one.Source: TechCrunch (https://techcrunch.com/2017/08/12/bitcoin-just-passed-4000/)

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