Quote from: Zackgeno96 on February 11, 2018, 12:25:37 PM

Quote from: Best80 on February 11, 2018, 12:03:22 PM

Despite Good news coming from bitcon this days, the fall still continue..... Can one help identify the reason for the fall?

If we compare, then there are more negative news around the bitcoins than positive which affected the price and created uncertainty in the market . Below are few examples of negative news for your reference.

Recently china announced to complete crackdown on crypto exchanges;

https://technode.com/2018/02/05/china-ban-block-cryptocurrency-trading-at-home-abroad/

then they announced that banks should stop financing the crypto projects.

http://www.scmp.com/business/banking-finance/article/2129645/pboc-orders-banks-halt-banking-services-cryptocurrency

India announced to curb the illegal use of cryptocurrencies.

https://www.theregister.co.uk/2018/02/02/india_to_ban_cryptocurrency/

France and germany are also demanding to clampdown the cryptos.

http://www.telegraph.co.uk/technology/2018/02/09/france-germany-demand-bitcoin-clampdown/

Considering that all these led to the price dropping sharply, I really think that we should be a part to recovery because aside these, there hasn't been any serious negative news pertaining to bitcoins and its rising but slowly.