Post
Topic
Board Altcoin Discussion
Re: When the World Cup ends, will ETH and BTC rise?
by
forestharvest
on 12/07/2018, 06:05:31 UTC
I think so. During the World Cup, some bookmakers made huge profits. Of course, they will make money seem legal by laundering money. Virtual currency is a good choice. Of course, this practice violates certain laws, but it will not stop their desire for benefits. A large number of BTC and ETH transactions will follow, and prices seem to rise accordingly.
This is my personal thought. This may be naive and perhaps sensitive. Welcome to discuss.

What you say might be true, we can see that crypto price is dropping this few months is because of many exchanges are being hack by hacker and cause a big commotion and government enforcing rules and regulations on trading of bitcoins. Many crypto user go out of crypto market most probably is because of the reasons listed and not totally due to the work of world cup.