|
February 23, 2018, 06:01:56 AM |
|
Every market, be it stock or bitcoin or any monetary related market, has its ups and downs. Crash here however doesnot mean the complete end of the marker. Its a steep and major downfall of the particular stake. In case of crypto currency, many factors matter in changing its value and bringing any rise or downfall. Recently in december, there were news floating that korea might ban bitcoins which led to a huge downfall in value of bitcoins, despite it being mere speculation. And now since korea stated that it is not going to ban any cryptocurrency, may be rather regulate, then the value is kind of stabilised to around $11k. This might be considered as a crash aswell but this didnt mean bitcoin ended or is vanished or any sort of such rumors. With changing market factors, values rise and fall and there remains a possibility of both crashing or rising quite largely.
|