Crypto currency round the world has come to stay, to foster growth in business and build trust among its users but most world leaders are head bent on tackling bitcoin by making difficult policies to affect its stability, but little do they know that this policies of theirs make bitcoin to become more influential among other crypto ,making it scarce and the most sought after crypto currency thereby making the few people that have it to hod and inflate the price to which ever amount they wish to sale on peer to peer bases...what do you think
I do get what you’re trying to say here, that when government bans bitcoin that a lot of people who owns then starts selling to for a higher price. Well, I won’t really say that applies much to what the market price of bitcoin and other cryptocurrencies are going to be. Whether the government is doing what they are doing or not, the cryptocurrency market will always be growing as it has been doing for a very long time.
So, I don’t think the actions that the government is taking is going to be affecting the market that much. It’s even going to make people to be a lot wiser in how they’re trading their cryptocurrency.