Post
Topic
Board Speculation
Re: What causes Bitcoin to drop?
by
BartS
on 06/05/2018, 17:51:48 UTC
There are two key factors affecting Bitcoin, which have triggered a recent sellout. Bitcoin has never been relieved of its involvement in money laundering and terrorist financing, and that connection was once again referred to by IMF president Christine Lagarde as she urged home. Managers around the world attacked bitcoin for this reason. At present, Bitcoin is just going down, not completely broken down. The second offender behind the bitcon depreciation is causing more anxiety for investors. Google has followed Facebook in prohibiting pre-encoded ads and ICOs. Makes pre-coding lose value.
What is your opinion?
The accusations against bitcoin of being a tool used by criminals are nothing new and are just a way to distract the public of the truth that bitcoin is a superior currency that no one controls directly, if the accusations were enough to bring down bitcoin then we will need to destroy every single technology created by humans because it could be used to do horrible crimes, and the second reason that you give has no relationship with bitcoin whatsoever, bitcoin has no relationship with icos and the coin most widely used to buy into icos is ethereum not bitcoin.