Can someone tell me why the price of BTC is Crashing ? Will it go back to 1USD =1BTC ?
The South Korean news is concerning because even if they dont ban cryptocurrency trading, they are considering it. I think cryptocurrencies will eventually be mainstream, but there are going to be situations like this along the way that will affect the market enough to cause a crash.
Yes some countries have shown the ban on the use of bitcoin like south korea country. But for me it can still be considered because the decision is still not final. Bitcoin still has great opportunities and has a good future. The current market turmoil is indeed one of the effects of banning bitcoins, let's move together to be able to maintain the situation. There are still many countries that have not yet made a decision and that means an opportunity to be able to convince the use of bitcoin and show the benefits of bitcoin to the government is still wide open.