Topic: Bitcoin price falls 7 percent after Twitter's announcement of crypto ban (Read 464 times)
March 30, 2018, 01:00:27 AM
I think this kind of news is intentionally exaggerated to buy Bitcoin cheaper. This is a very obvious manipulation. There is a cost to produce a bitcoin. Hope we will see good prices soon.
March 29, 2018, 08:03:31 PM
And now after Facebook ban and Google's restrictions on crypto ads,its Twitter's turn to act against cryptos.On Monday,twitter announced that it would ban crypto ads to protect its users from getting scammed.This move has reduced bitcoin's price by 7 percent.
Actually i planned to withdraw 2,000 dollars worth bitcoin from my wallet today.Now should I wait for one or two days for price to recover or should I withdraw now itself to avoid further loss due to more price fall.
Your valuable suggestions are most welcome.
https://www.google.co.in/amp/s/www.cnbc.com/amp/2018/03/26/bitcoin-falls-7-percent-to-below-8000-after-twitter-bans-cryptocurrency-ads.html
before they permanently banned cryptocurrency it was in the news for how many weeks,meaning we are ready about that banning so dont tell us that its because twitter,crypto price now is dropping because of volatility and because of some religious practice about LENTEN SEASON so many withdrawals happening. Actually i planned to withdraw 2,000 dollars worth bitcoin from my wallet today.Now should I wait for one or two days for price to recover or should I withdraw now itself to avoid further loss due to more price fall.
Your valuable suggestions are most welcome.
https://www.google.co.in/amp/s/www.cnbc.com/amp/2018/03/26/bitcoin-falls-7-percent-to-below-8000-after-twitter-bans-cryptocurrency-ads.html
March 29, 2018, 06:30:48 PM
I did not believe this
March 29, 2018, 06:16:14 PM
Banning bitcoin in social media sites will not affect the Bitcoin price as this are not directly involved in the supply and demand of bitcoin. It's just the weak investors had panic on that news as they are afraid that the price will go down to zero. We need to relax this is just temporary. We will boom sooner be patient.
Most got panic selling this time that price falls into 7%. Those weak hands are eventually will lose and strong hands can earn big at a latter end. Though we dont know when will it be in uptrend, but as today nees patient on this downtrend. March 29, 2018, 05:39:53 PM
Banning bitcoin in social media sites will not affect the Bitcoin price as this are not directly involved in the supply and demand of bitcoin. It's just the weak investors had panic on that news as they are afraid that the price will go down to zero. We need to relax this is just temporary. We will boom sooner be patient.
March 29, 2018, 04:19:41 PM
And now after Facebook ban and Google's restrictions on crypto ads,its Twitter's turn to act against cryptos.On Monday,twitter announced that it would ban crypto ads to protect its users from getting scammed.This move has reduced bitcoin's price by 7 percent.
Actually i planned to withdraw 2,000 dollars worth bitcoin from my wallet today.Now should I wait for one or two days for price to recover or should I withdraw now itself to avoid further loss due to more price fall.
Your valuable suggestions are most welcome.
https://www.google.co.in/amp/s/www.cnbc.com/amp/2018/03/26/bitcoin-falls-7-percent-to-below-8000-after-twitter-bans-cryptocurrency-ads.html
Actually i planned to withdraw 2,000 dollars worth bitcoin from my wallet today.Now should I wait for one or two days for price to recover or should I withdraw now itself to avoid further loss due to more price fall.
Your valuable suggestions are most welcome.
https://www.google.co.in/amp/s/www.cnbc.com/amp/2018/03/26/bitcoin-falls-7-percent-to-below-8000-after-twitter-bans-cryptocurrency-ads.html
Ban is only to paid ads. The biggest reason for this is a large number of new ICO, and they don't want to investigate which of them is a scam.
Now all new ico must dedicate to bounty hunters and his Twitter account to share his idea. Facebook also.
March 29, 2018, 10:15:40 AM
Because of the inconsistency of Bitcoin many feels it unsafe to invest here and many other like twitter, google and Facebook is acting against Bitcoin. I don’t think such activities will be able to hamper the growth of Bitcoin much and hopefully Bitcoin will rise above all very soon. And about your $2000 dollar I will suggest you to wait for a few more days because I think waiting for one or two days won’t help much. If you cannot wait for long then you can sell it now.
March 29, 2018, 06:58:48 AM
I think the fall is because of the misinterpretion of the extent this crypto ban will cover and as far as i know people arent sure how it will affect us but as far as I know this bitcoin fall has something to do with regulations which has left some investors shaken and uncertain with what will happen with their crypto investment, we just need some time to understand whats really going on.
March 29, 2018, 06:51:25 AM
I think, the fluctuation of Bitcoin hardly depends on banning it on any social media platform. However, if you need your money urgently and you don't want to take risk anymore then you may withdraw the money. But, as far as I've heard the price of bitcoin will have its recovery very soon. Now the decision is yours!
March 29, 2018, 03:58:11 AM
Only fools regard this as bad news.
crypto is full of scams and crap that needs weeding out before the legit projects can start to get further recognition and adoption.
we know jack is a big big supporter of BTC so this is also evidence that facebook and google are probably not crypto haters either.
Simply they cant allow scams to advertise there any longer and it is impossible for them to weed out the good from the bad so ban them all is the only way.
Couldn't agree more with you , I always tell people about this. They ban crypto from their advertisement objectively not subjective due it's crypto, due it's Bitcoin! But how nowadays there too much scam service in the name crypto , irresponsible people take it as their personal advantage they are abusing it. Yet people run in panic trying to pull themselves from crypto business , come on guys ! This is not the first time. crypto is full of scams and crap that needs weeding out before the legit projects can start to get further recognition and adoption.
we know jack is a big big supporter of BTC so this is also evidence that facebook and google are probably not crypto haters either.
Simply they cant allow scams to advertise there any longer and it is impossible for them to weed out the good from the bad so ban them all is the only way.
March 29, 2018, 03:44:35 AM
And now after Facebook ban and Google's restrictions on crypto ads,its Twitter's turn to act against cryptos.On Monday,twitter announced that it would ban crypto ads to protect its users from getting scammed.This move has reduced bitcoin's price by 7 percent.
Actually i planned to withdraw 2,000 dollars worth bitcoin from my wallet today.Now should I wait for one or two days for price to recover or should I withdraw now itself to avoid further loss due to more price fall.
Your valuable suggestions are most welcome.
https://www.google.co.in/amp/s/www.cnbc.com/amp/2018/03/26/bitcoin-falls-7-percent-to-below-8000-after-twitter-bans-cryptocurrency-ads.html
Actually i planned to withdraw 2,000 dollars worth bitcoin from my wallet today.Now should I wait for one or two days for price to recover or should I withdraw now itself to avoid further loss due to more price fall.
Your valuable suggestions are most welcome.
https://www.google.co.in/amp/s/www.cnbc.com/amp/2018/03/26/bitcoin-falls-7-percent-to-below-8000-after-twitter-bans-cryptocurrency-ads.html
I think this fall down is nothing to do with the ban because Bitcoin is not advertising to this sites like FB, Google and especially twitter except is someone will use the Bitcoin platform but i believed that Altcoins will be affected of this ban because most of the Altcoins have commodities in which need to advertise to pump up their coins. This Bitcoin fall down for me is just a normal to the market as its the same moving trend of the past years performance.
March 29, 2018, 03:00:12 AM
And now after Facebook ban and Google's restrictions on crypto ads,its Twitter's turn to act against cryptos.On Monday,twitter announced that it would ban crypto ads to protect its users from getting scammed.This move has reduced bitcoin's price by 7 percent.
Actually i planned to withdraw 2,000 dollars worth bitcoin from my wallet today.Now should I wait for one or two days for price to recover or should I withdraw now itself to avoid further loss due to more price fall.
Your valuable suggestions are most welcome.
https://www.google.co.in/amp/s/www.cnbc.com/amp/2018/03/26/bitcoin-falls-7-percent-to-below-8000-after-twitter-bans-cryptocurrency-ads.html
Actually i planned to withdraw 2,000 dollars worth bitcoin from my wallet today.Now should I wait for one or two days for price to recover or should I withdraw now itself to avoid further loss due to more price fall.
Your valuable suggestions are most welcome.
https://www.google.co.in/amp/s/www.cnbc.com/amp/2018/03/26/bitcoin-falls-7-percent-to-below-8000-after-twitter-bans-cryptocurrency-ads.html
Bitcoin in the short term may continue its drop. There are simply no bullish resistance right now to keep prices high and the general market sentiment is extremely bearish. And with the new regulations, and bans from Twitter as you mentioned, markets don't yet know how to react rationally to these pieces of news. That's why prices in the short term should only continue its downward slope IMO.
You have 2 choices if I were you.
Either hold for the long term, since cashing out BTC at such low prices seems to be a high risk, low reward thing to do. But that requires time. Or you could sell around now, but waiting for the rebound before you do so instead of selling right now. Prices have declined throughout the week and eventually, there will be a recovery, whether a small or big recovery.
March 29, 2018, 02:09:45 AM
And now after Facebook ban and Google's restrictions on crypto ads,its Twitter's turn to act against cryptos.On Monday,twitter announced that it would ban crypto ads to protect its users from getting scammed.This move has reduced bitcoin's price by 7 percent.
Actually i planned to withdraw 2,000 dollars worth bitcoin from my wallet today.Now should I wait for one or two days for price to recover or should I withdraw now itself to avoid further loss due to more price fall.
Your valuable suggestions are most welcome.
https://www.google.co.in/amp/s/www.cnbc.com/amp/2018/03/26/bitcoin-falls-7-percent-to-below-8000-after-twitter-bans-cryptocurrency-ads.html
Actually i planned to withdraw 2,000 dollars worth bitcoin from my wallet today.Now should I wait for one or two days for price to recover or should I withdraw now itself to avoid further loss due to more price fall.
Your valuable suggestions are most welcome.
https://www.google.co.in/amp/s/www.cnbc.com/amp/2018/03/26/bitcoin-falls-7-percent-to-below-8000-after-twitter-bans-cryptocurrency-ads.html
I guess people still do not realize that whatever twitter/FB/Google decides to do, that's their problem. It won't actually affect how bitcoin works whatsoever. It's pure panic, previously when google and FB announced that they were banning crypto ads, people panicked too but the price eventually recovered. I expect this to be similar.
In fact, most of the ads on these platforms are scams, not a lot of them are actually promoting legitimate businesses. Especially Google adwords.
Plus, the general downtrend for BTC isn't even caused by the bans from these social media bans. It's just how bitcoin usually moves after a big rally ends, the price just naturally goes down until it finds a bottom and consolidates enough to make its way up again. But if you're actively trying to cash out, then I would suggest waiting a bit. Wait for BTC to rebound up to at least $8k before you cash out, right now is pure panic.
March 29, 2018, 01:22:22 AM
after the negative news overwrites cryptocurrency in the past few days, to date. many people are in the heat of the moment, they begin to ask solutions to other users, so as not to eat too big a loss. indeed its price drop its now caused by twitter, but not all this chaos caused by twitter as well. because this ban is a lot of people who panic and immediately sell it. IMO bitcoin performance can be said out of shape, but be quiet bitcoin still have On the second thought to fix this mess.
March 28, 2018, 02:57:30 PM
It is amazing to know that some people would panic over news on ad bans. It should only affect those upcoming projects' initial coin offerings as their reach/exposure would drop. Not those established coins like bitcoin.
March 28, 2018, 02:54:43 PM
And now after Facebook ban and Google's restrictions on crypto ads,its Twitter's turn to act against cryptos.On Monday,twitter announced that it would ban crypto ads to protect its users from getting scammed.This move has reduced bitcoin's price by 7 percent.
Actually i planned to withdraw 2,000 dollars worth bitcoin from my wallet today.Now should I wait for one or two days for price to recover or should I withdraw now itself to avoid further loss due to more price fall.
Your valuable suggestions are most welcome.
https://www.google.co.in/amp/s/www.cnbc.com/amp/2018/03/26/bitcoin-falls-7-percent-to-below-8000-after-twitter-bans-cryptocurrency-ads.html
I think it would be better to withdraw now if the need is that urgent. This is because there are so many factors why bitcoin may not rise that early as we are expect. However, if they need is not so urgent, then you can hold for sometime and see what happens Actually i planned to withdraw 2,000 dollars worth bitcoin from my wallet today.Now should I wait for one or two days for price to recover or should I withdraw now itself to avoid further loss due to more price fall.
Your valuable suggestions are most welcome.
https://www.google.co.in/amp/s/www.cnbc.com/amp/2018/03/26/bitcoin-falls-7-percent-to-below-8000-after-twitter-bans-cryptocurrency-ads.html
March 28, 2018, 02:51:19 PM
crypto ads are mainly scam so no problems
March 28, 2018, 02:50:17 PM
Twitter wants to ban crypto related ads, because their are too many ICO's that are just scams. Nothing wrong with that. The point is, people are making the wrong conclusions and connect this to bitcoin. So, it's not the fact that Twitter is going to ban these ads, what's causing the price drop. It's the message that gives the negative feeling and that makes people sell their Bitcoins.
March 28, 2018, 02:48:24 PM
That is really a bad new, but logically twitter is not the reason which allow you thinking to withdraw your BTC. Your needs allow you make a decision, is it for investing or maybe finance or trading. That’s depends on your needs for it, but i think that the world still need bitcoin.
You missed the whole point. OP was about to make a $2000 withdrawal from his wallet for reasons best known to him before the news of twitter's crypto ban broke out and unfortunately, the price of bitcoin dropped (quite typical of the cryptocurrency market).
Back to discussion, Twitter's cryptocurrency ban is no surprise. Facebook and Google have already banned crypto so It was certain that twitter would follow suit. They picked the wrong side though.
March 28, 2018, 02:44:50 PM
I will suggest you to wait a bit more. Price of bitcoin depends on so many things. Here Twitter is a very small one. I think, price of bitcoin on yesterday was bit higher than of 2 or 3 days ago. Doing some fruitful research can make your $2000 to $3K or 4K.
Jump to: