Post
Topic
Board Speculation
Re: Why does the Bitcoin price keeps nose diving?
by
Slow death
on 21/11/2018, 12:05:53 UTC
According to CNBC, federal prosecutors had launched a criminal probe into the cryptocurrencies earlier this year based on suspicions that their price was being manipulated.

bitcoin have many years since its creation and its price has gone up a lot and fallen a lot, I do not know because only now they started to want to investigate about a possible manipulation of prices and many exchanges are not in the USA and do not have license since that still an unregulated market, this is all very difficult.

I think it might be the main reason behind the price of bitcoin dropping to around $4000

I do not believe that is the reason for the fall in prices