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Topic: What is the reason for bitcoin prices to fall? - page 2. (Read 829 times)

hero member
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Merit: 683
Tontogether | Save Smart & Win Big
September 04, 2017, 10:59:47 PM
#3
What is the reason for bitcoin prices to fall, is it because of negative news from China about the ICO ban making bitcoin prices fall?
Will bitcoin prices go back to $2000?

The news about icos being banned in china definitely impacted the prices, but I don't think that the fact of that alone would drop the price by almost 1K in one day. A lot of people probably didn't know about this anyways.

I think this was due to bitcoin reaching 5k and then dropping due to people selling all of their bitcoin at that price.
legendary
Activity: 3472
Merit: 10611
September 04, 2017, 10:45:27 PM
#2
What is the reason for bitcoin prices to fall,
price correction after a huge rise in a short time.

Quote
is it because of negative news from China about the ICO ban making bitcoin prices fall?
it was not the reason but also it was not ineffective either.

Quote
Will bitcoin prices go back to $2000?
probably not.
newbie
Activity: 7
Merit: 0
September 04, 2017, 10:42:11 PM
#1
What is the reason for bitcoin prices to fall, is it because of negative news from China about the ICO ban making bitcoin prices fall?
Will bitcoin prices go back to $2000?
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