Why the Bitcoin (and all the cryptocoins) falls ?

Why the Bitcoin (and all the cryptocoins) falls ?

By NKthegreat | DrCrypto | 22 Jan 2021


Hi guys, the last hours the Bitcoin , Ethereum, Litecoin and most of cryptocoins fall over 10%.

But why ???

Because a report from BitMex research reported that a critical flaw which is named "Double spend" had happened in the Blockchain technology.

What it is Double spend ?

When a user can spend the same amount of Bitcoin multiple times.

 

Here you can see the tweet https://twitter.com/BitMEXResearch/status/1351856488252399618

 

It appears as if a small double spend of around 0.00062063 BTC ($21) was detected

So we will see the next days what it will happen.

 

PS The photo was taken from https://cryptonewsbytes.com/bitcoin-drops-to-28000-per-btc-due-to-a-flaw-in-the-crypto-called-double-spend/uncategorized/

 

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NKthegreat
NKthegreat

I am a BSc, MEd, MSc Programmer with Backround at Physics


DrCrypto
DrCrypto

In this blog i will write for cryptocoins

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