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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: cryptomonotize on June 22, 2018, 06:44:53 PM



Title: Reason for Crypto Bears
Post by: cryptomonotize on June 22, 2018, 06:44:53 PM
From bitcoin.com I came to know that the prices start to decline after Japan's Financial Service Authority (FSA)  told the exchanges that they need to upgrade their systems and anti-money laundering procedure. Do you think this reason causes the Crypto bear to come back.

Source: https://news.bitcoin.com/markets-update-cryptocurrency-prices-tumble-before-the-weekend/


Title: Re: Reason for Crypto Bears
Post by: etin06 on June 22, 2018, 06:58:08 PM
From bitcoin.com I came to know that the prices start to decline after Japan's Financial Service Authority (FSA)  told the exchanges that they need to upgrade their systems and anti-money laundering procedure. Do you think this reason causes the Crypto bear to come back.

Source: https://news.bitcoin.com/markets-update-cryptocurrency-prices-tumble-before-the-weekend/

Yes the price actually began to decrease after the announcement, sincerely speaking upgrading anti-money laundering project is not a bad news that could make market to go bearish.