Quote from: Denker on September 05, 2017, 09:17:02 AM

Quote from: sanjeev.lamani@ on September 04, 2017, 07:19:19 PM

Big governments are catching up with Bitcoin and other cryptocurrencies. And are crushing them.

A couple of days after announcing that Initial Coin Offerings (ICOs) are seriously disrupted the economic and financial order, the Chinese government banned ICO funding.

That was certainly bad news for cryptocurrencies, which crushed across the board, with Bitcoin losing close to 10 percent, Ethereum 21.74 percent, Litecoin 24.92 percent, and BitConnect 32.10 percent.

Coin/Investment Trust   Change 24H*
Bitcoin (BTC)   -9.84%
Ethereum (ETH)   -21.74
Litecoin (LTC)   -24.92
BitConnect   -32.10

Do you know how dumb that comment is?! Governments crushing cryptos??? Ehhmm NO! It's all about ICOs! Just ICOs! And only in China! There are a few more countries out there I would guess right?! The market is overreacting as we've seen so often when you some news came out which may only influence a small portion of the market in the future. Nothing of a big deal. Just a dip you should take advantage of. That's it!

yeah it is all about ICO's but it is having an affect on crypto, i agree though - governments are NOT crashing cryptocurencies Grin

its already recovering anyway