any one know why the price of bitcoin coin is going down day by day,, and when i purchased bitcoin last time the price was Rs 7,00,000 NRI and right now the price is Rs 3,55,000 what can i do ?
Looks like you are trading in Indian exchanges and the main reason for the price slide is because of the RBI notification that says that banks will no longer accept business from crypto currency and they have given a time line for the exchanges and that created a panic from the users and so is the reason the price is going down, there is nothing to worry, just hold on to your coins, there are other ways to trade bitcoin.
Absolutely you r right but because of RBI notification the price of this coin is not much effected by this level but may be one reason is also that RBI is going to launch its own Cryptocurrency "LAXMI" so that is why they say no to bitcoin. And on the other hand the chines government is start banning the ICO project that is why the price is fluctuating so any idea how much it will take time to come up??