Quote from: Idrisu on January 12, 2018, 07:48:09 PM

Quote from: vladimir21 on January 12, 2018, 03:25:08 AM

Which updates in the coming months etc. will help bitcoin to recover to 20k again?

I seriously believe that the ban rumors of some countries are the major reason why bitcoin price remains uncertainty and it will take positive news about this banning for bitcoin to turn green and break the last high of $20,000. The few things that can also contribute is for some of the exchangers that has suspend new accounts to reopen it as this we bring new traders into the market.

the bitcoin ban FUD is not known to be affecting bitcoin price for long or big. the biggest news was the Chinese bitcoin ban FUD which only lasted about a week. and although we currently are within the same amount of time but I think the biggest reasons are still the rise itself which required a correction time like this and also the unacceptably high transaction fees.

with that said there has been a drop in number of transactions in mempool although the size is still the same so I think they have at least slowed down the spam attack for now.