Post
Topic
Board Press
Re: [2018-11-21] Bitcoin Price Crash Not Caused By SEC Actions, Says Blockchain Lawy
by
Bitarch Ancap
on 27/11/2018, 07:03:52 UTC
I have not heard of any new regulations of the SEC, so I think that this US agency did not cause the current Bitcoin fall to $4300. The BTC crash has happened suddenly, because the large crypto currency holders decided to sell the big amount of their coins. I noticed that Bitcoin Cash dropped very quickly and deeply -40%, so I guess that the Bitmain company which is a large BCH holder recently sold a lot of coins on crypto exchange markets.
You must count not only recently created regulations, but also existing ones which may continue to stifle blockchain industry and BTC rate.