Post
Topic
Board Altcoin Discussion
Re: GREAT CRYPTO DEPRESSION
by
EMV
on 15/02/2018, 19:36:16 UTC
DID EVERYONE SURVIVE THE GREAT CRYPTO DEPRESSION OF JAN 2018???
The bitcoin continues falling — in the morning on February 2 its course at most the cryptocurrency exchanges decreased lower than $8500, the average rate according to Coinmarketcap makes $8280 for the publication moment. Thus, the rate of bitcoin decreased almost by 59% of rather record value in December, 2017.
Falling happens against the background of a number of negative news — messages about intentions of a number of the countries to be engaged in tough regulation of a turn of cryptocurrencies, will lock advertizing of cryptocurrencies and ICO in Facebook and information on similar measures from Google and also data on opaque activity in the Tether project which is suspected of release of poor tokens of USDT which nominally have to correspond American to dollar.
At the same time bigger falling is observed at the exchanges trading couple to Korean won and the Japanese yen that directs rather a thought of panic to which Asian investors give in also easily, as well as euphoria pushing a rate of bitcoin up few months ago.