Post
Topic
Board Speculation
Re: Reason for decline over months
by
Ibian
on 17/09/2014, 13:02:05 UTC
Countries banning bitcoin is a good sign, plus, it won't stop people dealing in bitcoin...

It is a bearish sign as it interferes with legitimate businesses dealing with bitcoin in those countries. Average joe sheeple in those places won't bother with bitcoin because they think it is illegal or shady.
The black market is huge and it only deals in what has value. If the black market rejected bitcoin then we should worry.