Post
Topic
Board Bitcoin Discussion
Re: Did China really crash Bitcoin again?
by
Youghoor
on 23/11/2019, 14:34:10 UTC
https://www.coincurb.com/news/china-unlikely-to-have-caused-recent-bitcoin-crash/

I don't think China was the cause of the 'recent' crash. Bitcoin has definitely been in a bad downtrend for weeks now. I'm sure these 'news' about China didn't help but that's not why Bitcoin has been doing bad all these weeks.

Exactly,  China can't be the cause of crash in the market value of bitcoin. The raise and fall of the market value of bitcoin is just the nature of the decentralized nature of bitcoin.  The real reasons for the crash of the Bitcoin market are not really known and no one can actually tell the real reasons.  I believe this is just FUDs to cause faint-hearted holders to sell their bitcoin.