Bitcoin drop february moon
On Wednesday morning AEDTalmost all the major cryptocurrencies mysteriously plummeted, with many losing more than 20 per cent of their value. Other major altcoins, including ethereum, ripple, dogecoin, litecoin and monero, were all down, many losing well over 20 per cent.
But a more intriguing explanation is seen in the following graph, circulated on a cryptocurrency WhatsApp bitcoin drop february moon on Wednesday, that shows a similar crash occurs at the same time every year. In other words, Chinese people were cashing in their bitcoin gains to pay for the holiday excesses. At Chinese New Year, some people are selling off to buy what they need to buy [for the holiday].
Mr Lee said he had been contacted by Chinese miners looking to move their operations out of China. Mr Aguillon, meanwhile, said the expiry date of the bitcoin drop february moon bitcoin futures was approaching, which may also go towards explaining the sell-off. Among the cryptocurrencies to take a hit on Wednesday was ripple, which by 5pm was down Ripple has become a favourite among more conservative crypto investors because it has connections to big established banks, including Westpac.
A spokesperson for Westpac said the bank was not exposed to the ripple cryptocurrency; rather, it had tested a means of international bitcoin drop february moon using the Ripple platform, not the currency itself.
Subscribe Get The New Daily free every morning and evening. Investors may be selling bitcoin to cover New Year expenses. Search real estate for sale or rent anywhere in Australia from licensed estate agents on simply type in any suburb in the search bar below. History suggests AFL finals already set. Steve Smith gets huge Cricket Australia endorsement on captaincy. Mansion with man cave goes for secret sum. The first home buyer surge comes with new risks.
There was an error submitting bitcoin drop february moon form. First Name this. Last Name bitcoin drop february moon. Email Address this. I have read and accept the terms and conditions.
Conferences Meetings BigMarker Web Conferences, Webinars, Webinars online meetings hosted by Bitcoin UrduPakistan. Every time I question them on the chat they do not answer. But the project proved more difficult than I expected. This means that nobody knows exactly how they will behave.
The 7 supported cryptocurrencies are bitcoin (BTC), ethereum (ETH), bitcoin drop february moon (XEM), ripple (XRP), litecoin (LTC), ethereum classic (ETC), and bitcoin cash (BCH).