Post
Topic
Board Bitcoin Discussion
Re: south korea is not banning bitcoin, but why the bitcoin price is still falling?
by
Al-e_x
on 09/02/2018, 07:58:14 UTC
a few weeks ago, the outstanding issues that the bitcoin price falls due to south korea plans to ban bitcoin. but until now, after the south Korean government announced officially does not prohibit bitcoin, the bitcoin price is still down.

I think there are still many problems with bitcoin price drops, not just south korea which prohibits the transaction of bitcoin, india and china also prohibit the use of bitcoin. But in my opinion there is still a bit problem of bitcoin price reduction, one of them:
~ News spread all over the world.
The layman who does not understand well about bitcoin gets severely affected by various positive and negative news spread across the media.
~ A situation where more bitcoin traders than bitcoin users.
It is understandable that being a bitcoin user is a bit difficult because the trader receiving bitcoin is still small.