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Why BTC is down again?


paijoe

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Posted

I dont know exactly,  but i guess it will be down again till 5k, but i hope it never happend again, i wish bitcoin reach up to 13k like in end of year 2017.

Posted
7 minutes ago, keemar said:

I dont know exactly,  but i guess it will be down again till 5k, but i hope it never happend again, i wish bitcoin reach up to 13k like in end of year 2017.

down 5k? it's a high price for those who are investing. yes I hope it will not happen either.

Posted

BTC was around 5k in Indian exchanges day before yesterday due to the reserve bank of India's press release to prohibit Indian exchanges from doing transactions with banks. But, it came back up within few hours.

Posted
7 hours ago, kurian said:

BTC was around 5k in Indian exchanges day before yesterday due to the reserve bank of India's press release to prohibit Indian exchanges from doing transactions with banks. But, it came back up within few hours.

I hope for the next will continue to rise in price.

Posted
11 minutes ago, hux said:

because social medias banned them which made people panic sell which made more panic sell and so on

but not all social media blocking, there are still some social media that can still and receive.

Posted

The counter blow from the general financial system and insecure governments has been taking its toll.  The latest is India made anti BTC comments - central bank wont allow exchanges to access banking system or something like that.  I really think this will pass in time, but it may be a long long time before we see new highs for bitcoin again.

Here's a line for the news:  https://cointelegraph.com/news/bitcoin-ethereum-prices-remain-steady-despite-crypto-ban-from-indias-central-bank

Posted
5 minutes ago, wry said:

The counter blow from the general financial system and insecure governments has been taking its toll.  The latest is India made anti BTC comments - central bank wont allow exchanges to access banking system or something like that.  I really think this will pass in time, but it may be a long long time before we see new highs for bitcoin again.

well hope that our shared concerns will not happen.

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