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Topic: Market crash ? - page 4. (Read 733 times)

newbie
Activity: 74
Merit: 0
January 12, 2018, 02:40:35 PM
#5
Seems all the coins’ price have a negative result in past few days.
It could be affected after the South Korea announce that they will ban cryptocurrency.
Maybe the south koreans have a massive sell out after the announcement.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
January 12, 2018, 12:53:14 PM
#4
Will it go back to 1USD =1BTC ?
Are you serious.

Bitcoin rose from $5,000 to $20,000 from mid November to mid December. And you're thinking of 1USD=1BTC? What we're getting right now is a healthy market correction, as seen on most assets that has risen too much in price in a short span of time. We're still in a very good position at the moment with the $13k-$15k price mark. I think you need to take a look at the bitcoin graphs[1] and see for yourself.


[1] https://coinmarketcap.com/currencies/bitcoin/

newbie
Activity: 224
Merit: 0
January 12, 2018, 12:50:03 PM
#3
I think the bitcoin will not go back to the price of 1USD = 1BTC as you say. maybe for now bitcoin does not happen rapid price movement for now due to new year yesterday already many who do the sales and use it for life in real. so I think for a while bitcoin will not happen movement. but it's not forever and declining because of enthusiasts, bitcoin lovers will come back me to play it back.
sr. member
Activity: 588
Merit: 250
January 12, 2018, 12:48:38 PM
#2
I heard this was a result of the Korean issue of closing the trading exchanges there. but it has been clarified that it is a lie.
I am sure BTC will rise again.
newbie
Activity: 8
Merit: 0
January 12, 2018, 12:18:15 PM
#1
Can someone tell me why the price of BTC is Crashing ? Will it go back to 1USD =1BTC ?
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