Quote from: smyslov on February 02, 2018, 02:25:05 PM

Quote from: nhieutam2008 on February 02, 2018, 02:04:12 PM

Many government has said it will tighten virtual currency management, causing Bitcoin prices to fall below 9,000$.
Bitcoin prices traded on Coinmarketcap at 8:40 am on Feb. 2 were around 8,779.76$, losing more than 14 percent of yesterday's value.
Compared to the peak set in December 2017, Bitcoin lost more than 60% of its value. Sad

It is because Bitcoin price can be manipulated and it is very volatile but we should not consider Bitcoin as dead the price is not dropping dramatically, it is very slow but also gaining slow just one good news and bitcoin is back on the right track again.

For me what happened is not manipulation but rather influence. Government cannot actually manipulate bitcoin since no one is owning it, what they do is that they influence their people or simply scare them to stay away from cryptocurrency specially bitcoin. I believe in the near future, government will stop from doing this if they see how they can help their people to make a secure investment with cryptocurrencies.