We have not seen bad news lately, but most Crypto currencies are losing value. We have to ask ourselves, why that might be?
The theory is that Wall Street traders are using Institutional Capital to create a favourable environment for them to buy bitcoins for themselves.
The South Korean clamp down is just FUD that are being used as an excuse to dump some coins. There is no threat, because the South Korean government is just tightening regulations to protect their consumers from unregulated exchanges.
We know Wall Street traders are getting large Bonuses in January and some of them might invest some of that money into Bitcoin for themselves. Why would they not manipulate small markets like Bitcoin to buy cheaper bitcoins for themselves?
What do you think?
But now south korean already had legal new rules in their country . every exchange in there should only for korean citizen .
arbitrage in south korea not much many as we think . their bank . process withdraw not as simple normal country . i am ask about it in their korean lounge in bitcointalk and they said clearly .
i think they take advantage from fee trading not from btc price.