Quote from: Potato Chips on September 08, 2017, 12:16:27 PM

Quote from: haroldtee on September 08, 2017, 11:52:17 AM

Quote from: Marian21 on September 04, 2017, 09:17:34 PM

Quote from: TheGodson on September 04, 2017, 09:15:03 PM

The Chinese government banned ICOs. Naturally as a result, alt coins started dropping. People are fearful they won't be able to get their money out with the government cracking down.

For the next couple of days I think it will blow over and go back up, but only time will tell.

this may be the beginning of the end of cryptocurrency? because i think that other governments can take this as an example with all this repercussions...and let's be honest ... wich powerful government does not want to have full control over money?

Seriously? The beginning of the end of cryptocurrency just because of a decision made by a country on ICOs? Guess you are just kidding. Wonder why people bother too much about rise and fall of all digital currencies at the same time, it is not new. Anything can cause it just like a normal forex market. The high volatility level is just the difference between the two.

i think that we shouldn't just get used to fluctuations of prices but also from the exaggerated statements of some people in this community because

it is a common strategy to sway people. the banning of ico's has really some effect on the prices but this shouldn't become a trigger to the fall of

cryptocoins because the fork didn't even so why should this? looking from the markets now, the price has already gone back to normal

Any negative news about bitcoins and altcoins would affect most of the time the prices or value of these coins. And that's something normal in the world of cryptocurrencies. But it does go back up after a while, it can't go down forever.