7 Days After the Bitcoin Fork and the World Hasn’t Ended

Written by:
Guest
Published on:
Aug/07/2017

Just seven days after crypto-currency Bitcoin split in two, the market cap has completely regained anything that had been lost since the fork.

The market cap that took the currency space to 113 billion had Bitcoin’s dominance at just over 47 percent.  The trading price of Bitcoin Monday morning was at $3238 per Bitcoin.

Gary Cindy Audie, a cryto-currency monitor, notes that, at one point this year, Bitcoin was trading under $1000.

“Is the price going to keep going up, up, up?” Audie asks.  “What we’ve seen (so far) is the price going up, then a pull back, the price going up, then a pull back”.

Scroll Down For More

BetOnline now proudly accepts Litecoin – Click banner above for more

The split in Bitcoin resulted in a new crypto-currency referred to as Bitcoin Cash. The Bitcoin hard fork went successfully on August 1st as of block 478559 with Bitcoin Cash tradable in few exchanges only.  Coinbase, one of the larger of these exchanges, did say it will begin supporting Bitcoin Cash some time next year.

Bitcoin Cash has seen some significant volatility due to less available tradable coins.

Monday’s trading price for Bitcoin (ultimately $3,390.00) turned out to be a historic high.

Bitcoin now accounts for up to 40 percent of transactions of online gambling transactions in so-called “high risk” jurisdictions (those that have some form of banking regulations pertaining to gambling).

- Aaron Goldstein, Gambling911.com

video News

Falcons-Lions Betting Line – 2017 Week 3 NFL

Falcons-Lions Betting Line – 2017 Week 3 NFL

Gambling911.com has your Falcons-Lions betting line with Atlanta coming in as a steady -3 favorite at on the road.

Melo to Oklahoma Thunder – Latest Odds to Win 2018 NBA Championship

Melo to Oklahoma City Thunder – Latest Odds to Win 2018 NBA Championship

Odds slashed from 33/1 to 20/1 to win the NBA Championship

2017 Week 3 FREE NFL Football Picks From Tony George, Streak Record Holder

2017 Week 3 FREE NFL Football Picks From Tony George, Streak Record Holder

Gambling911.com has your 2017 Week 3 free NFL football picks from Tony George at Doc Sports and from BetDSI.com’s record holder for their Streak Contest, Tony Nguyen. 

 2017 Week 4 College Football Betting Odds, Free Pick

2017 Week 4 College Football Betting Odds, Free Pick

One of the leading sports handicappers, Tony George of DocSports.com has a free pick on the Rutgers vs. Nebraska game

TCU vs. OSU Betting Line – What to Bet

TCU vs. OSU Betting Line – What to Bet

Gambling911.com has your TCU vs. Oklahoma State betting line, that was coming in at double digits (Cowboys -11.5)

Syndicate