Post
Topic
Board Altcoin Discussion
Re: Do u follow what politicians say about cryptocurrency?
by
neuer111
on 15/02/2018, 13:59:47 UTC
I do follow, and I think is having a certain impact on the price/technology/people's perceptions. Remember, politicians are those people who are highly benefitting from the banking fees and they want everything being controlled so that they can extract more taxes into the budget.

I believe the recent crash was caused by China's political announcements on banning cryptocurrencies. Imagine if Trump makes such an announcement, all of his followers panic and sell their coins and the price will immediately go down. Unfortunately, cryptocurrencies are very sensitive towards such speculations.  Undecided