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    Thread: All Information About Bitcoin (XBT, BTC, BCH)

    1. #31
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      Quote Originally Posted by moneygrows View Post
      South Korea is preparing to ban cryptocurrencies. That would put some pressure on crypto and will definitely help to push down the prices. I have also read some crypto trading platform have also stop accepting new customers. Sounds like bubble gonna pop soon.
      Yeah these news did crash market over night for more than $2k at that moment. I was long at that moment but got out quickly with minimal loss compared to what it could have been. Now I wonder how many other countries gonna start popping these news.. Indeed I spotted weakness in BTC last week and it has really developed in a impressive rate that I didnt expect to be so quick. And now it is still not a bottom so we just can sell it at any 1k rally I think.

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    3. #32
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      the biggest reason behind Bitcoin rate fall is news from China and South Korea. we know that the news about ban of bitcoin from china was fake but it create a major impact of its rate.
      now the news is running about ban on this currency from South Korea and after the news its rate is lowing day by day. lets see what happen within some days because the picture will clear very soon.

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    5. #33
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      Quote Originally Posted by moneygrows View Post
      South Korea is preparing to ban cryptocurrencies. That would put some pressure on crypto and will definitely help to push down the prices. I have also read some crypto trading platform have also stop accepting new customers. Sounds like bubble gonna pop soon.
      South Korea maybe planning to make their own cryptocurrency, is there a possibility they would do that? Anyways, even if bitcoin will crash, people will still keep buying it, since it already embedded in their mind that it can give them massive profit returns if the price will rise again. Besides, newbies in crypto world are flocking due to massive advertisement on the net. There is always somebody out there who are willing to invest on those coins for future gains.
      No Guts No Glory!


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