Bad News From India Makes Bitcoin Price Fall

in #bitcoin7 years ago

Bitcoin exchanges in India suffer bad times as the biggest national Banks of the country have frozen their accounts. The news led to turmoil in the domestic market as well as bringing the price of bitcoin down.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bad-news-from-india-makes-bitcoin-price-fall/

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so sad for indian member

Tengamos paciencia, esperemos que pronto se recuperen los precios.

This might be the one of bad news, but i think the market crashes because of another future contracts which expiring at 26.01.2018. Same as market crashed before first contract expiration, which been 19.01.2018.(expiry date) .

When will people learn that when the price drops, it encourages others to get in. Wave after wave. As for India's bank, this shows that they're losing power. Freezing accounts leads to bad rep. Let's see how long they hodl their precious fiat.

What goes up, must come down...to go back up!