Post
Topic
Board Speculation
Re: Why is the price dropping?
by
mirana12345
on 25/01/2016, 22:23:24 UTC
Is there something big going on? I'm asking because if it's just a hype thing (like the Mike Hearn thing) this would be a good time to buy. Otherwise I don't know

Not like there's have to be anything relevant for the price to move, but there could be several reasons why it's happening;

-Waters still stirred due to M.H (imho largely overrated)
-Russia's ban on bitcoin , enforced in the form of Russian ISP's blocking bitcoin related sites, exchanges and so on..
-Still uncertain stance of China in the case of bitcoin's legality (and since they're closely related to Russia, things could get ugly)
-EU Parliament held hearing on possible crypto currencies regulation

... more to come