Summary: Last week, the bitcoin blockchain is split into two: in addition to the bitcoin, the bitcoin is now cash. A good decision appears afterwards, because the value of the original currency has a new record height.
The value of the bitcoin was shot up after last week's split and is the highest price in its history: $ 3300, which amounts to 2800 euros. The price of the new digital currency 'bitcoin cash' also shows a slight increase. In the meantime, the new cryptomint is ranked fourth in digital currency in market value, after the bitcoin, ethereum and ripple.
Interesting trajectory
The bubble of the bitcoin has not cracked after the last week's auntie. After the value for the first time in June was $ 3,000, the cryptomunt now has a new record height. The original bitcoin therefore has a strong year: the currency rose 168% in the first six months of the year. According to economic experts, the electronic money is in a bubble and it's a matter of time before it bursts, so does Business Insider know.
The value of the cryptomunt already finished an interesting course. He started under 600 euros, shot up above 2600 euros, dropped back to around 2300 euros at the end of June, after which he spends back at 2800 euros. The current route underlines the previous verdict of the ceo of bitcoin fair Gatecoin. That said to Bloomberg that the split would not affect the price of the classic crypto coin.
Splitting
Last week, bitcoin was split into two. This is because a number of so-called 'miners', mainly from China, did not agree with the global direction that the bitcoin network went on. Bitcoin itself did not change much, but bitcoin cash received a completely new exchange rate as a split currency. Everyone who owned bitcoin for the divestment now has the same amount of bitcoin cash in theory. In practice, the value of that amount of bitcoin cash is, of course, much less.
According to Jarno Niemelä, security expert at Finnish F-Secure, the popularity of bitcoin is mainly due to the rise of ransomware attacks such as Not Petya and Wannacry.
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