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Topic: BITCOIN rate plummets Discussion!! - page 2. (Read 324 times)

member
Activity: 210
Merit: 26
High fees = low BTC price
January 16, 2018, 06:08:18 AM
#13
My stop-loss at $10,000 on BTC could trigger that I put in place due to high
tx fees pulling the price down of Bitcoin so it's no panic move on my part
if I jump out but I am not sure the drop across all alt-coins has much to do
with South Korea at all myself because Ripple is down like all the others
and that should in theory offer some protection against government
regulations

Just like on 9/11 we are being given half truths and taking it as if it's facts
newbie
Activity: 42
Merit: 0
January 16, 2018, 06:04:06 AM
#12
It is very difficult to resist if this perception is done by the state. We need to discuss this issue to institutions that are above the state, namely the United Nations.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
January 16, 2018, 05:50:30 AM
#11
I do not know what's new here,BTC price go up&down all the time,and the reason may be in some bad news or just some whales dump coins and play endless game of making profit.About a month ago we had a similar situation when price is drop to 11 000$ or even bellow that level in some exchanges,but from that time price is go up to 17 000$.Times when changes in price was only few hundred $ is over,now is few thousands up&down in a 24-48 hours.If you want to be in the world of cryptocurrency be ready for anything,there is no guarantee for price-it can be 1$ or 100 000$,otherwise is better to keep your money in some less risky assets.
hero member
Activity: 882
Merit: 517
cloverdex.io
January 16, 2018, 05:45:00 AM
#10
As you all aware of Bitcoin and other alt currencies are plummet due to ban of Crypto currency Exchanges in South Korea and the government was preparing a law to close all the nation’s exchanges this is because of speculations about illegal acts could be perform through Crypto currency.

So, my point is if anyone can give me opinion on this matter as it seems that in future more countries will follow this perception and it will badly effect the crypto market.

Though there are reasons for banning in South Korea, there are other countries like Japan has accepted and started mining in a large investment and recent news is Russia has almost discussed and decided to accept bitcoin in their country. So as coin has two sides, there are countries who really look at needed assets like bitcoin in their respective countries.

So as long as people are there suporting crypto, it does not have an end to it.
sr. member
Activity: 328
Merit: 252
January 16, 2018, 05:44:05 AM
#9
Guys, if you are scared, go away. sell every last dime you have and never look back.
This world will destory you.
member
Activity: 963
Merit: 57
January 16, 2018, 05:39:56 AM
#8
But how can they stop them from buying crypto, for example, monero, even FBI wasn't able to prove which adress belong to  whom.
hero member
Activity: 1218
Merit: 557
January 16, 2018, 05:34:40 AM
#7
But this current dip this due to South Korean government.... because Bitcoin never effect this due to China's ban.

https://www.express.co.uk/finance/city/905223/Ethereum-bitcoin-price-value-latest-South-Korea-cryptocurrency-shutdown-speculation

Yup, I've read a bit more and you're probably right.

This has effected a lot and again in less than an hour already 1500$ or more has being lost in per btc. this is going from bad to worse as already last week prices fall due to Korean news and again today with confirmation it is falling more and might even fall below 10k by today or tomorrow. Will it rise by Feb or will it take long time to start rising?

member
Activity: 266
Merit: 13
January 16, 2018, 05:30:54 AM
#6
... It's more about China, who are banning bitcoin for the 20th time in the last few years.

 Cheesy Quoted for truth.
legendary
Activity: 2436
Merit: 1561
January 16, 2018, 05:29:35 AM
#5
But this current dip this due to South Korean government.... because Bitcoin never effect this due to China's ban.

https://www.express.co.uk/finance/city/905223/Ethereum-bitcoin-price-value-latest-South-Korea-cryptocurrency-shutdown-speculation

Yup, I've read a bit more and you're probably right.
newbie
Activity: 24
Merit: 0
January 16, 2018, 05:26:01 AM
#4
But this current dip this due to South Korean government.... because Bitcoin never effect this due to China's ban.

https://www.express.co.uk/finance/city/905223/Ethereum-bitcoin-price-value-latest-South-Korea-cryptocurrency-shutdown-speculation
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
January 16, 2018, 05:05:16 AM
#3
This happens when whales are shorting ...
Stay strong guys!
legendary
Activity: 2436
Merit: 1561
January 16, 2018, 05:03:39 AM
#2
>>>>https://bitcointalk.org/index.php?board=57.0

There is no South Korea ban as of yet. They'll just reviewing their policy. It's more about China, who are banning bitcoin for the 20th time in the last few years.
newbie
Activity: 24
Merit: 0
January 16, 2018, 04:50:16 AM
#1
As you all aware of Bitcoin and other alt currencies are plummet due to ban of Crypto currency Exchanges in South Korea and the government was preparing a law to close all the nation’s exchanges this is because of speculations about illegal acts could be perform through Crypto currency.

So, my point is if anyone can give me opinion on this matter as it seems that in future more countries will follow this perception and it will badly effect the crypto market.
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