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Topic: Reason for Crypto Bears (Read 119 times)

member
Activity: 285
Merit: 11
quarkchain.io
June 22, 2018, 01:58:08 PM
#2
From bitcoin.com I came to know that the prices start to decline after Japan's Financial Service Authority (FSA)  told the exchanges that they need to upgrade their systems and anti-money laundering procedure. Do you think this reason causes the Crypto bear to come back.

Source: https://news.bitcoin.com/markets-update-cryptocurrency-prices-tumble-before-the-weekend/

Yes the price actually began to decrease after the announcement, sincerely speaking upgrading anti-money laundering project is not a bad news that could make market to go bearish. 
newbie
Activity: 55
Merit: 0
June 22, 2018, 01:44:53 PM
#1
From bitcoin.com I came to know that the prices start to decline after Japan's Financial Service Authority (FSA)  told the exchanges that they need to upgrade their systems and anti-money laundering procedure. Do you think this reason causes the Crypto bear to come back.

Source: https://news.bitcoin.com/markets-update-cryptocurrency-prices-tumble-before-the-weekend/
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