GDAX Will Resume Bitcoin Contant Trading on January 17, NullTX
Bitcoin Metselspecie enthusiasts were finta pleased when Coinbase and GDAX announced support for BCH a few weeks ago. Unluckily, the good feelings didn’t last all that long, mainly because the trading of BCH wasgoed halted pretty quickly afterward. It seems there is also an investigation ongoing into how some people managed to manipulate orders across GDAX. Gratefully, the trading of Bitcoin Specie will be resumed on this podium on January 17 at 9 a.m. PST.
Related movie: Using the GDAX API te Google Sheets
GDAX Will Ultimately Resume BCH Trading
It is always interesting to see how things unfold when major exchanges enable support for extra cryptocurrencies. There are quiebro a few top cryptocurrencies which are not supported by any major exchange right now. Especially when it comes to fiat currency gateways, there is still a loterijlot of work to be done for most coins. Coinbase is the go-to exchange for most people looking to buy cryptocurrency with their euros and US dollars.
A few weeks ago, GDAX announced it would launch trading of Bitcoin Specie . A lotsbestemming of people were fairly excited about this development, especially because it would permit more people to invest te BCH without any major problems. Spil wasgoed to be expected, however, this unexpected rente ter BCH would result ter some very unusual market act. Some people will always look to take advantage of fresh currencies being added to this verhoging.
Albeit this behavior did not go unnoticed, it didn’t influence the Bitcoin Contant price all that much. The one downside, however, wasgoed that Coinbase wasgoed compelled to halt the order book and trading on GDAX, which wasgoed a very worrisome development. Companies want to protect users very first and foremost, but doing so comes at the risk of annoying said users and missing out on a loterijlot of money at the same time. People have bot rather patient when it comes to the relaunch of BCH trading on GDAX, and it seems their patience will be rewarded after all.
More specifically, the GDAX Twitter account has collective that trading of Bitcoin Metselspecie will resume come January 17 at 9 a.m. PST. This means wij might see some interesting market activity for Bitcoin Contant te the next few days. A lotsbestemming of people are still waiting to see if the GDAX listing will affect the price ter the coming weeks and months. With more fiat currency gateways at users’ disposition, things will undoubtedly get very interesting moving forward.
The very first question that comes to mind is whether or not wij will see another attempt to manipulate the BCH price. It remains unclear who wasgoed responsible for the very first attempt at doing so weeks ago, but it wasgoed overduidelijk this wasgoed a well-coordinated event, all things considered. At one point, people were attempting to buy Bitcoin Specie for US$8,000 and more, which wasgoed and is well above the current market value. Albeit this shows a clear rente te BCH on the part of investors, it is also somewhat problematic when it comes to decently assessing the value of this altcoin right now.
Some Bitcoin enthusiasts are already calling for a major BCH dump when GDAX resumes trading. Whether that is wishful thinking or an indication of future price manipulation is very difficult to determine right now. It is overduidelijk there is some animosity inbetween Bitcoin and Bitcoin Metselspecie volgers, and some people would gladly wish harm upon the other community’s fortunes. That te itself is pretty bothersome, but it is very unlikely that situation will switch anytime soon. This doesn’t mean there will be an flagrante Bitcoin Metselspecie dump to speak of, tho’, but you never know how things will play out.