We don't understand why the WRC falls so much, when crypto in general is falling. Normally this should not be linked, since WRC is independent. Especially since the mobile application has arrived, it should remain at least stable from 0.40 to 0.50.
Any explanation for this hellish fall?
All market felt down because of china wide block of exchanges.its not just about WRC.we saw this situation for many times and always market backed and recorded new highs.hope this pass like last ones.
WRC having events right now on okex.com, that's why exchange volumes goes high and price goes down, but this is not a bad sign because people will notify that WRC exist, if WRC expand to another exchange, people will search about WRC specially trade volume, they will think like 'ah, this coin is famous and went to $0.6 last month, am gonna buy this!'.
price will go way higher than now.
Worldcore is a Bank and they know how economy works. very impressive.
Hope that happend,but i wished this new currency (because of its banking system and etc)did not act like other cryptos thas moving with BTC value all the time.
I invested on this to much on $0.38 and price went up to $0.57 and i did not sell any.now i loose almost half of my investment,really hope that price increase soon.
Worldcore share their 30% of profit with WRC holder with 'ETH', and ETH get affect by BTC,
means value of WRC follows BTC value..
value of coins went down this week because like you said 'china wide block' and
the Minister of Justice in Korea said "all of cryptocurrency market in Korea should be shut-down by law".
https://www.reuters.com/article/us-southkorea-bitcoin/south-korea-plans-to-ban-cryptocurrency-trading-rattles-market-idUSKBN1F002Bmost of Koreans in markets ran out like chickens.. they sold their cryptocurrencies in very low price and affected value of all the coins..
but don't worry, they are not going to shutdown the exchanges and they will make new tax-law. price will go higher than now.
maybe 'New updates coming this month' will be expanding of exchanges, if they do,I think price will go higher than $0.38.
and exchanges of WRC just started in January 2018.. man, be patient
Worldcore doing well now