Quote from: SrEasts on February 02, 2018, 03:28:54 PM

There's just too many factors for what is happening right now. Facebook started banning crypto adds, due to the majority being scams. All this drama with bitfinex and the tether being backed by USD and then they get a subpoena. The news from India that many turned it into fake news. Just so much negative stuff...

I don't want to believe all those news flying about because there is no official statement to back the rumors up, I think the reason why the market is drooping is base on low demands when the demands are high the price will rise up no matter what any government do or say. Bitcoin is very volatile and at that it price can never be stable and as a decentralized currency it had for any government to control or regulate bitcoin.