Lets do an Aim that we will not fear from any bad news and will Support BITCOIN

[gurunanakji777]

Its a good awareness post for every bitcoin trader because most of us earn livelihood from bitcoin and we should not react on bad news whatever the news is. If we guys trust bitcoin again then I am sure sooner bitcoin will again break its previous high its not an uphill task for bitcoin. I am a big supporter of bitcoin and I will continue to support/promote bitcoin as it has already changed my lifestyle. Lets hold the bitcoin for long-term guys.

[Skieleton]

There's a lot of bad news about cryptocurrency like facebook and google ad ban cryptocurrency to release ads.  I hope it will not big effects because for sure they have a lot of new coming news about cryptocurrency that the information is bad. Just ignore the news and keep continue and be normal day because if we affected for sure it will be lose.  Better to keep promoting crypto to other people.

It will affect. It does allready.

If we not do anything it will comes to more.

We need not only promote we need to fight back. Spread the word. Tell the ordinary people what is behind. What google and facebook are. Why most of the governments not want bitcoins.

It will not change anything until cryptocurrencies. We must wait for the BTC to be legalized. Google will not allow the promotion of things without legalization.

[cynical]

Well i am a hodler and i have not reacted to any bad news story.
We have to realise that as well as people selling out of fear when bad news surfaces
there are also people who can see an opportunity to grow their bitcoin hodlings by selling high and buying back low.
Both of these actions have an effect on the markets.

[hajimasan]

In the past an year ago the price of bitcoin was going much better on upward direction and everyone was of the opinion that bitcoin is a decentralized currency and no one even the governments can harm it and it is in the control of the users and holders. If the holders will not sell at low then none of the world power can reduce its price. At that time I remember none of the bad news was having power to reduce the price of bitcoin. I remember when Russia banned bitcoin in their country and there was not any affect of it in bitcoin. But nowadays it became the mentality of the users of bitcoin that when any bad news come then the price will reduce so with any bad news they start to sell as faster as they can and in that way they dump the price too much.

So today I decided to start a campaign to aware everyone that bitcoin is a decentralized currency and none of the bad news can harm its price unless we sell at low.

In this campaign we every user of bitcoin have to make this aim and have to promote it to everyone that we will not fear from any bad news and have to keep it in mind that we will not sell our coin when any bad news come.

Yeah , you are right and also I am with you , here is would like to force about the ban of the bitcoin in one of the state of Russia and at that time due to ban , dump was about 50-60$ maximum and that was only for 20 days only , so we can understand ban like things doens't give much impact at price of bitcoin .
But in the current time many traders remains ready to listen about negative news and rumours about to ban bitcoin or anything very small things related to cryptourrency that will be negative , make them to sell Thier btc and look for again buy at low price .
So here we should be make ourself definite that we will remain with hodl and not going for sell at any edge of fear and this will make bitcoin more stable and more demand in this world .

[GregH37]

I'll keep believing bitcoin even if there is many negative news about it. It is the greatest investment I entered and I saw proofs that can support bitcoin. I keep my faith in it and I will continue it even if I pass my knowledge to the next generation of mine.

Things have been this way since the birth of bitcoin. Many people have tried to demolish it in one way or the other. Always babbling on rubbish things about bitcoin.

All these people are actually afraid of bitcoin and its power. It is the face of future currency, allowing its investor to have more control and freedom over their economy. It does not matter what people say, truth can always defend itself. Bitcoin proves all the blames wrong time to time.

[Superways]

In the past an year ago the price of bitcoin was going much better on upward direction and everyone was of the opinion that bitcoin is a decentralized currency and no one even the governments can harm it and it is in the control of the users and holders. If the holders will not sell at low then none of the world power can reduce its price. At that time I remember none of the bad news was having power to reduce the price of bitcoin. I remember when Russia banned bitcoin in their country and there was not any affect of it in bitcoin. But nowadays it became the mentality of the users of bitcoin that when any bad news come then the price will reduce so with any bad news they start to sell as faster as they can and in that way they dump the price too much.

So today I decided to start a campaign to aware everyone that bitcoin is a decentralized currency and none of the bad news can harm its price unless we sell at low.

In this campaign we every user of bitcoin have to make this aim and have to promote it to everyone that we will not fear from any bad news and have to keep it in mind that we will not sell our coin when any bad news come.

The reason for the drop of bitcoin and other crypto currencies were :
1.   South Korean government banning anonymous crypto exchanges.
2.   US government regulating launching of ICO’s and applying strict rules on them.
3.   Google, Youtube and Facebook banned crypto currencies advertisements.
This sums up the answer to your question why bitcoin dropped suddenly.

Please read carefully my post. I have not asked that why the price of bitcoin dropped but I tried to explain something else. I am trying to explain the real nature of bitcoin and trying to tell the users of bitcoin that the power is in the hands of them and if they will support bitcoin then no one will be able to harm this from another place. Only the users of bitcoin can decide for the price of bitcoin that for how much they want to sell their coins. If they will not agree to sell at low then the price will buy at whatever price they will provide. So do not sell at low price and do not sell at lose.