Quote from: gabbie2010 on January 16, 2018, 01:34:51 PM

Quote from: Bitkoyns on January 16, 2018, 01:24:47 PM

This might be the cause of dropping its value , i also read about the banning of bitcoin ni korea particular in south korea if im not mistaken , the only thing that bothers me is that why they are banning this such thing wherein i cant see any illegal here that can make their economy to fluctuate .

Well this is not the first time news happenings as regards to banning of bitcoin by some countries like south korea and china has affected the price, negative news of this magnitudes has always resulted into the dumping of the coin by panicked hodlers invariably resulting into sharp drop in the price, nevertheless those countries has few hodlers compared to the overall populace of the hodlers.

sometimes this was been used by by some whales to make movements on the prices as we all know that they have big participations why the value of the coins moving grow Or dumping low.if a country declares banning on something,this means only in theirs not the whole world.this only have problem from french not to other countries.so we must not be affected