What's the deal this time? First China ICO ban and now what? It's been a shitty few months for crypto!! Is there any clear skies in sight or everything is just crashing and burning into the ground!!?
There are already lost of similar thread like this.Instead of creating new one,why wont post on that thread? But well going back to topic Prices would really be affected specially when there are certain events do happen on this market.China does really have influence when it comes to this cryptoworld knowing that they holding huge funds which if they do decide to ban then pulling out amounts of money will really affect the market.
people are just too dramatic to always post such thing and repeating. never see this kind of posts when the price of btc drastically increasing, but when it's decreasing, people goes like crazy.
really, this price movement is such a normal thing considering the price of bitcoin never go up within really short time.