After reaching all-time highs of $7800 bitcoin has finally received a pullback post SegWit2x cancellation announcement.

This isn’t all bad.

Bitcoin has stayed true to its original form, while Bitcoin Cash (a faster, lighter version of bitcoin) has seen a massive spike for about 80% gain at the high, and some speculate reaching $2000 by February.

The spike can be very closely correlated with Bitcoin.com and Roger Ver releasing a statement that Bitcoin.com will only be accepting and endorsing Bitcoin Cash in the near future.

Which brings up a good question:

Are we trying to create a more stable bitcoin that can be used for transfers, or is bitcoin meant to be a stagnant stable coin that doesn’t get used for trading but more holding as a store of value?