Hey guys! I'm sure everyone's noticing the drop in the cryptomarket. Is there any particular reason for this? Is the bubble actually popping. I've heard that supply and demand, selling more than buying are like the main reasons for the market to drop. Even google announced that they ll be banning the ICO and crypto related ads.
What do you guys feel about the whole scenario right now?
That FUD wont affect much,but these big players are taking advantage of the situation so that they are playing again with the market,putting down all the altcoins together bitcoin so that they can buyback these coins in cheaper prices,giving them millions of dollars with only manipulating tha market's movements dont know how much they are using but im sure it is billions.