#About Fall In Cryptocurrencies....

in #cryptocurrencies8 years ago (edited)

Continue Fall In the price of world's biggest and popular cryptocurrency slumped below the $9000.

Bitcoin has fallen by more than 60 %.
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Bitcoin has been falling for weeks Contentiously , though this latest crash has been blamed on mounting confusion surrounding the Indian Government’s stance on cryptocurrencies or Digital currencies .

The Finance Minister Arun Jaitley spooked investors when he announced plans to “eliminate” the use of digital currencies for payment purposes.

Indian Finance Minister Arun Jaitley said: “The Government does not consider cryptocurrencies legal tender or coin and will take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system.

“The Government will explore use of blockchain technology proactively for ushering in digital economy.”
Then after Indian Media House Shows the Nagative Part of Cryptocurrencies .

But in fact Indian Finance Minister said this word against Terror Funding Through Bitcoin. He Said "We are going to make a Cryptocurrencies ragulation to stop terror funding through cryptocurrencies."

So, don't fear price of cryptocurrencies start to rise again..

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And we've already started to see some reversals. Let's see what February 6th brings to the United State's regulatory system regarding Bitcoin. Thanks for sharing.

Thanks for your Replay @apinvests

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