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Topic: [2015-11-19] Bitcoin Price Drops Following News of EU Threat - page 2. (Read 1178 times)

hero member
Activity: 663
Merit: 501
quarkchain.io
why don't they just ban terrorism?
hero member
Activity: 924
Merit: 1005
4 Mana 7/7
I'd be actually happy if the price crashed back to $250, this just doesn't feel right. Anyway, this is anything but result of the Paris incident, the news just gobbles up anything that seems interesting.
legendary
Activity: 1456
Merit: 1010
Ad maiora!
How many times have we seen official crackdowns and bans of Bitcoin in the past 3 years? How many times has it stopped or killed Bitcoin?
All this means to me is CHEAP COINS... If the govts keep it up I'll have 100s by next March
member
Activity: 72
Merit: 10
EU should ban USD if it is serious about cracking down on terror money. It should also ban oil import from Saudi as IS is supported by several entities there. There are some reports about this.
sr. member
Activity: 364
Merit: 250


BTCitcoin’s price (BTC/USD) dropped following news of a planned EU clampdown on virtual currencies, which are suspected to be used by terrorist groups like the Islamic State of Iraq and Syria (ISIS), which carried out last week’s deadly Paris attacks.


Bitcoin suddenly dropped by 2.7% to $326 on Bitstamp during the hour after the news broke, but that has been the extent of the losses thus far. While not particularly impressive during volatile times, the drop was a noticeable event during what had been 48 hours of flat trade near $335.

Since falling below $300 last week and recovering, bitcoin has undergone a series of smaller, sudden moves in both directions. But for the most part, it has held steady between $320 and $340- far below the hyped high of $500, but still retaining over 40% of the gains realized in the recent rally.


http://www.financemagnates.com/cryptocurrency/trading/bitcoin-price-drops-following-news-of-eu-threat/
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