Post
Topic
Board Economics
Re: CHINA ban Rise and Down
by
ss890
on 22/10/2017, 07:11:04 UTC

bitcoin price down about 1,000$ after china ban   this is logic


but less than 2 months back more than old 4,600 now without any new news why  ??



I did not get your last statement but I think you want to ask that how it’s possible for bitcoin to get the rates of 4.6k rise without any good news. The reason is, it’s not just about the good or bad news or country’s making big and small moves. It’s about hard forks as well because they are the procedures which adds up something new into blockchain and bitcoin technology. The current fork is the reason why bitcoin is going so high. Also people want to earn free XBG and that’s another reason they putting all the money Is bitcoin and it’s prices are rising so high.