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Topic: Bitcoin drops $2,000 in value as South Korea announces planned trading ban (Read 507 times)
jonruhoax
Full Member
Offline
Activity: 280
Merit: 100
Re: Bitcoin drops $2,000 in value as South Korea announces planned trading ban
January 11, 2018, 05:50:58 PM
#41
I don't care what happens in South Korea. yes currently bitcoin is going down, I must admit that maybe it is the cause. but let's see, I'm sure the bitcoin will return to normal and last, then increase again. let's see what happens later
bitbunnny
Legendary
Offline
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Re: Bitcoin drops $2,000 in value as South Korea announces planned trading ban
January 11, 2018, 05:55:33 PM
#42
I don't think that South Korea is the reason.
If you were watching the market and the price recently you could see that the price is moving between 13000$ and 15000$ so I would call this usual volatility.
It's true that price also depends on outside factors and announcement related to economy and politics but don't always trying to find some deep causes.
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maxxdxx
Full Member
Offline
Activity: 199
Merit: 100
Re: Bitcoin drops $2,000 in value as South Korea announces planned trading ban
January 11, 2018, 05:57:42 PM
#43
FUD! FUD! These bankers are spreading fud so prices could go low and they can get in at decent prices. But eventually countries will ban it. It is starting to gain traction in the main stream and many countries will probably not want to support that. It wont really matter though unless you get something like the g20 countries all banning it though which is extremely unlikely at the moment.
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