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.
That's another plans for those bigger whales whose having huge funds in china, and this showed greedy acts which has really affected the economy of bitcoin so far. Even though it's not having good scenario this will really give another chance to other new investors to invest, so it's not just the end of everything and we can gain our good price soon at the peak of our goals.