Quote from: gantez on March 12, 2018, 08:44:51 AM

Quote from: arpon11 on March 12, 2018, 08:20:11 AM

Another fud to bring the cryptocurencies down. I think we should see this as another attack and bitcoin price may come down because of the way many people on Facebook may interpret this. Bitcoin and blickchain technology can been used for scam but that doesn't mean any other forms of money can also be used for scam and fund raising. Facebook and Microsoft were in favor of bitcoin and other cryptocurencies before but lately there have started to attacked it for the reason best known to them.

You have a point though about the news , maybe causing a drop but I say that must times, the news we expect to cause a downward might not really be that way. Last year, when the news of Chinese ban on icos hit the air waves, it didn't cause any drop but, a further push upwards. I hope it does not bring the coin down this time.

Nope this news is very old one and it just taking the jumps ahead one more time. However this is not the news which is causing the bitcoin drop at this moment. If you reading through the forum and other news article then you will understand that Mt Gox is solely responsible for the drop down of market of bitcoin. The guy has dumped more than 400 millions of coin which got him most of the money and market lost its most of the charm really.

Facebook has no rights to call the blockchain technology as scam one. Its just that these guys are not able to implement it into their system as it is decentralised one and may cause the breakdown. Tongue