Post
Topic
Board Economics
Re: Why the price of bitcoin rapidly going down
by
Michelle_Wood
on 16/08/2018, 21:13:11 UTC
The market regulation has been terrible for virtual money. The blockchain technology is new and needed regulation. The market has negatively reacted. At first, the recent boom was not so solid. With Euthereum giving up its blockchain system, it was obvious to see it collapse. The bitcoin is going down as well. I believe for the btc it will be temporary. Many people have invested there and are hoping. The btc is too popular to crack down. For that reason, I believe the actual situation will not last forever.