Bitcoin is suffering at the hands of headlines today. An email scam has flooded the news. The email, said to come from Microsoft, has had thousands of people questioning how to get their bitcoins back. However, experts warn it is likely a hoax, as you have to log in with your Microsoft account to get your bitcoins.
Something wrong is happening when the price of bitcoin falls, on the day when bitcoin classic is shutting down and people are becoming aware of it?
Not just one, but seven coins on the chopping block: the more assets you own on the blockchain, the greater the damage when a hard fork occurs. The upcoming Bitcoin Cash hard fork, to be followed by Ethereum Classic, Bitcoin Gold and Litecoin Cash, will be painful for most people in bitcoin.
Several users of these bitcoin-based assets have created wallets to protect their value, particularly those who had put money into these in the hope of the price rising in future. But if bitcoin cash is successful in becoming more widely adopted, they may not get their money back.
Something wrong is happening when the price of bitcoin falls, on the day when bitcoin classic is shutting down and people are becoming aware of it?
Not just one, but seven coins on the chopping block: the more assets you own on the blockchain, the greater the damage when a hard fork occurs. The upcoming Bitcoin Cash hard fork, to be followed by Ethereum Classic, Bitcoin Gold and Litecoin Cash, will be painful for most people in bitcoin.
Several users of these bitcoin-based assets have created wallets to protect their value, particularly those who had put money into these in the hope of the price rising in future. But if bitcoin cash is successful in becoming more widely adopted, they may not get their money back.
