Quote from: trickyriky on February 06, 2018, 06:16:51 PM

Quote from: Silkybit on February 05, 2018, 08:20:16 AM

Do you think this morning post from South China on banning cryptocurrency will affect the market badly?

It seems to me it had a very negative effect already. China is a great player on the market (I mean many Chinese trade), thus crypto can fall. Hope for the best however.

I think the Chinese ban has had a tremendous impact on the digital money market in general and bitcoin in particular. But we can see that the price of bitcoin is so strong that Asian investors are trying to get their money back before their holidays. Those combined make the bitcoin and the coin lost serious value when sold off.