Post
Topic
Board Speculation
Re: BTC price is crashed again
by
Cranidos
on 14/09/2017, 13:12:45 UTC
BTCchina released a notify that it will close all the trade on Sept. 30th. Then BTC price on this platform was down less than CNY18000 hurriedly.

The Bitcoin price crash is somewhat a good news and at the same time it is also a bad news. Bad news in a way that some people needs the high price of Bitcoin because they depend on it for their earnings. If Bitcoin crash, they will suffer in a loss of fund in a short while. However, some consider this as a good opportunity to get on board. It is the best time to invest some money in Bitcoin since they can purchase more coins at a lower price. So regardless who triggered the price crash, if it is because about the issues in China, nothing is to be feared since the price crash is beneficial for Bitcoin.