Post
Topic
Board Speculation (Altcoins)
Re: What happened to BTC and other ALTs?
by
Reatim
on 18/01/2018, 19:24:01 UTC
These past 2 days were scary and the entire market was bleeding. So why such dumping was there? And will be any correction or rise in prices?  Undecided
Hey mate, where have you been in this last 2 days? First there's a lot of news in circulation that China will ban bitcoin mining and then another from South Korea which says that they are going to put a tighter regulations around bitcoin trading, ICO investment, in short anything related to cryptos. We all know how big the South Korean market was, so the market crashed and bleeding to death. However, for short term only as everyone is already making a comeback and the all markets are green again.

We really don't know if the dumping has stop, but just like I said, the market is slowly getting back on its feet but we should still be wary as their might be another negative news that will pull the market price once again. And don't panic, long term, we are going to see bitcoin prices going to the moon.