Post
Topic
Board Speculation (Altcoins)
Re: Market has returned or not?
by
hahay
on 11/08/2018, 13:08:13 UTC
Announcement of some social media sites on banning cryptocurrency ads affected the price of the bitcoin and dragged the price of some altcoins. Facebook and Twitter including Google have already taken step to ban crypto ads to protect their consumers. I think it would take some time before crypto market recover again and still depend on any positive factor or event that may come in the days ahead.
If look at the chart at the moment I feel the market will continue to fall, not knowing whether there are negative issues currently affecting the market falling or just a correction. I feel that such an issue has passed and indeed we still have to wait longer to restore confidence to the public about cryptocurrency as before of banning in media socials. situations like this are likely to make some people panic if they are not ready to deal with it.