Post
Topic
Board Bitcoin Discussion
Re: Is China manipulating the price of Bitcoin and other altcoins?
by
btcjoin14
on 10/09/2017, 18:14:19 UTC
China's recent move to make exchanges illegal has surely hit us all as the prices are falling down Sad

Hope that it gains back again!
I’d like to think about it as a nice chance to purchase some coins while the Altcoins are falling down. The only thing that is that it doesn’t seem to be worth purchasing right now because there’s only a selected portion of people that are receiving this information. Once the people that used to participate in the China ICO’s find that they can’t easily make a purchase then they will be trying to sell off their BTC.

We all know what happens when Bitcoin goes down in value, most Altcoins lose their hype and they begin to go lower in value as well.