Do you think this morning post from South China on banning cryptocurrency will affect the market badly?
There's an affect on the market of course, FUD makes weak people on panic. I think this is just temporary, and later on South China will adopt the system and make it legal. This is the future that everyone must adopt, lets all be patient and cryptocurrency will go high.
Some thought in addition to this,
https://mobile.twitter.com/officialmcafee/status/960460423077253120the affect is always there since many users has weaker hands to hold,but it doesn't necessarily means it will last forever,havent you experienced same situation like this before?wasnt bitcoin survives it all?thise fuds are just come and go..better not to give a damn in such things just trust your coins either bitcoin or altcoin because recovery follows the drops