U.S government shuts down, bitcoin prices goes up

[cryptoamumu]

https://www.cbsnews.com/news/government-shutdown-2018-01-19-senate-vote-deal-latest-news-live-updates/

I noticed the bitcoin price going up. Coincidence?

[cigmacolombia]

UMMM IDONT THINK SO, MAYBE A 20% BY THIS AMERICAN SHUTS DOWN.
I THINK THAT BTC IS IN A DIP TIME MAYBE UNTILL MARCH FOR THE CHINESE VACATIONS

[stompix]

https://www.cbsnews.com/news/government-shutdown-2018-01-19-senate-vote-deal-latest-news-live-updates/

I noticed the bitcoin price going up. Coincidence?

Yeah, coincidence as BTC was already in a recovery phase before this.
If BTC would really react to every news in the world the price would go up and down by 10% every hour.

Besides this so called shut down is nowhere as terrifying as the name might imply.
There have been 18 or 19 of them and they all ended pretty quick, this won't be special either.


 

[Timeme]

Recently, America, China and South Korea all seem to have new policies and rules for cryptocurrency.
But South Korea has been confirmed as a fake, and there have been no new rules in China, and it appears that some states are beginning to ban bitcoin transactions.

[Roydgon]

USA federal agencies stop working because of lack of funding due to the fact that the USA Congress was unable to accept the federal budget until midnight on January 20. Reuters reports.
Thus, the current interim government funding law has expired, and federal and US departments are forced to stop working because of lack of money. How this phenomenon will affect society in bitcoin is not yet clear. My opinion is that to each other, that is, society does not apply to bitcoin yet.

[removebeforeflight]

This news won't have an effect on bitcoin, this is something which does with the spending purpose of the Trump governments initiative on their senate procedure. Nothing going to impact crypto market since bitcoin and other altcoins have already started recovering from yesterday. Just ignore this news since this is not related to bitcoin price rise or fall.

[Cgrbb]

Coincidence indeed. Its up to refreshing the market and lightening network test payment news.

[Pain Packer]

This news has no relation to bitcoin at all. All of the coins are recovering since and the shutdown of US government is merely a coincidence.

[teilwalL05]

I really think this doesn't make sense at all, And I think it is just a coincidence and bitcoin is in the process of recovering right now so I really think that this news is not connected, And right now just keep a hodl with your coin because it is gonna be a momentum from a dip that we are seeing, Just wish there are no other FUD come up again because it may case another panic from the weak ones on the community.

[swissgang]

Recently, America, China and South Korea all seem to have new policies and rules for cryptocurrency.
But South Korea has been confirmed as a fake, and there have been no new rules in China, and it appears that some states are beginning to ban bitcoin transactions.

Actually the problem is that people try to spread fake news, south korea says they will regulate crypto, it is serviced as south korea banning crypto.

[CodyAlfaridzi]

https://www.cbsnews.com/news/government-shutdown-2018-01-19-senate-vote-deal-latest-news-live-updates/

I noticed the bitcoin price going up. Coincidence?

Purely coincidence. What does US government shutdown has to do with Bitcoin price?  I don't think there's a correlation at all. The price is going up because it's time, just market cycle. Bitcoin has got its big correction, bottomed at $9900, and now it should be going sideways at 12K - 13K.

[Beehives]

I think it is just a coincidence. The big factor that affect the price of BTC is the announcement of China to shutdown their btc farm and South Korea banning of btc.  Their regulation in Cryptocurrency affect price and  dip suddenly after a few days.
Soon price of btc will rise then after it was found out that report from South Korea is far to be true. Maybe some people made such announcement to shaken the market so that they can invest and make sure the profit after investment. It is a dirty market strategy of some business group or entity.