[2018-06-22] BTC falls 'nine percent' to LOWEST LEVEL in months

[ParRus]

THE BITCOIN price tumbled by roughly nine percent after the cryptocurrency suffered another major blow with the recent attacks on South Korean exchanges Bithumb and CoinRail, two of South Asia’s biggest exchanges.

The digital currency fell to $6,081, breaking below $6,400 for the first time in about a week and reaching its lowest level since February 6, according to CoinDesk.

Japan’s largest crypto exchange, bitFlyer, was given an order by Japan's Financial Services Agency to suspend the creation of new accounts while it makes improvements, especially in its measures to stop money laundering and terrorist financing.

bitFlyer said in a statement: “Our management and all employees are united in our understanding of how serious these issues are, as well as how serious we are in responding to them going forward.

Full article on express.co.uk

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[Aleh777]

THE BITCOIN price tumbled by roughly nine percent after the cryptocurrency suffered another major blow with the recent attacks on South Korean exchanges Bithumb and CoinRail, two of South Asia’s biggest exchanges.

The digital currency fell to $6,081, breaking below $6,400 for the first time in about a week and reaching its lowest level since February 6, according to CoinDesk.

Japan’s largest crypto exchange, bitFlyer, was given an order by Japan's Financial Services Agency to suspend the creation of new accounts while it makes improvements, especially in its measures to stop money laundering and terrorist financing.

bitFlyer said in a statement: “Our management and all employees are united in our understanding of how serious these issues are, as well as how serious we are in responding to them going forward.

Full article on express.co.uk

Just wait for another month to get back on track. It will be for sure that by end of July bitcoin and other altcoins' price would start growing. Hacks, medias, investors, demand and countries' adaption do cause the price go up and down. This is  the right time to invest and collect as many coins as we can as the coins are so cheaper. Whales should again wake up support the value grow back on track like last year.

[Rahar02]

Seems like some series of unfortunate events happen in the crypto world cause the price to plummet, the price may drop below $6K level, it's 6065 at the moment on preev and 6094 on cmc. It's a good sign for us to buy more coin, due to bitcoin may fall to the lowest level and will rise sooner or later, as mentioned in the article.
People turn around and bid more and more and more.“It is going to be really interesting to see where all the cryptocurrency markets are at around August, that seems to be when things really start to take off.
Buy now and wait till August, but acknowledge the risk before invest what you can't afford to lose.

[felixesteban]

The decline never ends. We are not seeing the light at the end of the tunnel. In fact, these levels are very suitable for buying, but who will, that's the question. The new investor will certainly be afraid. It's not nice, but I still keep my faith.

[Sir Cross]

The decline never ends. We are not seeing the light at the end of the tunnel. In fact, these levels are very suitable for buying, but who will, that's the question. The new investor will certainly be afraid. It's not nice, but I still keep my faith.

The price is not favorable for new investors, and especially for those who just entered last decmber 2017. Buying right now at this current price is great for those who now and believe that the price will eventually rise. There are those who even believe that bitcoin will have an all ATH this year like never before possibly by the end of the year. There are still many investors who are firm and believe that bitcoin is still a good investment even if the price has gone so low.

[Kakmakr]

Japan’s largest crypto exchange, bitFlyer, was given an order by Japan's Financial Services Agency to suspend the creation of new accounts while it makes improvements, especially in its measures to stop money laundering and terrorist financing.

Correct me if I am wrong, but I have never heard of any terrorist attack in Japan?  These types of excuses is pathetic. 

Where was the price one year ago? It was $2710 and a year later the price is $6100. <More than double the price> So why are everyone panicking like this?

Stop looking for excuses and start working together to make Bitcoin bigger and better than last year. 

[Slow death]

THE BITCOIN price tumbled by roughly nine percent after the cryptocurrency suffered another major blow with the recent attacks on South Korean exchanges Bithumb and CoinRail, two of South Asia’s biggest exchanges.

this did not have much effect on the price drop

The digital currency fell to $6,081, breaking below $6,400 for the first time in about a week and reaching its lowest level since February 6, according to CoinDesk.

The price is dropping a lot and this always causes people to panic and sell at a loss

Japan’s largest crypto exchange, bitFlyer, was given an order by Japan's Financial Services Agency to suspend the creation of new accounts while it makes improvements, especially in its measures to stop money laundering and terrorist financing.

how many cases of money laundering are reported in Japan?

how many terrorist financing cases are reported in Japan?

it would be nice if the Japanese authorities showed the numbers of cases of money laundering and terorrism financing

[FreddyFox]

I believe that Bitcoin will grow at least 3 times at the end of the year compared to December 2017 and by early 2019 will only rise.

[sindikat]

THE BITCOIN price tumbled by roughly nine percent after the cryptocurrency suffered another major blow with the recent attacks on South Korean exchanges Bithumb and CoinRail, two of South Asia’s biggest exchanges.

this did not have much effect on the price drop

The digital currency fell to $6,081, breaking below $6,400 for the first time in about a week and reaching its lowest level since February 6, according to CoinDesk.

The price is dropping a lot and this always causes people to panic and sell at a loss

Japan’s largest crypto exchange, bitFlyer, was given an order by Japan's Financial Services Agency to suspend the creation of new accounts while it makes improvements, especially in its measures to stop money laundering and terrorist financing.

how many cases of money laundering are reported in Japan?

how many terrorist financing cases are reported in Japan?

it would be nice if the Japanese authorities showed the numbers of cases of money laundering and terorrism financing

Japan no longer seems to me a friendly country for the cryptocurrency market. Many exchanges are leaving the jurisdiction of Japan. Our new hope for Malta. I'm sorry to admit it, but I once thought that Japan will be the engine of bitcoin promotion around the world. I made a mistake. All governments are the same.