Post
Topic
Board Speculation (Altcoins)
Re: Monero low prices
by
mnemonicsoup
on 09/05/2018, 07:41:49 UTC
There is no Monero ban in Japan, just a recommendation by the FSA and so far no one has followed this recommendation. Also, the recommendation is probably due to the Coincheck hack and the Coincheck delisting of privacy coins.

So, just the usual FUD which isn't based on facts or reality.  Wink


currently the monero price is only $218, that means there is a 20% drop from the price of $270 on the 4th of May yesterday. but I am concerned his price will continue to decline, as other countries will be affected to ban the use of monero in his country.

Check the BTC/XMR chart which is more relevant. Monero was 0.025 on May 4th and is 0.024 today, which is a 4% drop. Alts always go down when BTC goes down. The rest of what you wrote is lame FUD, there is no ban anywhere.