Why Drop ?

in #bitcoin7 years ago (edited)

Why Drop ?

2018.03.08.Thu. 08:29 (utc+9) by steamsteem.
( https://steemkr.com/bitcoin/@steamsteem/dmbga-why-drop )

Bitcoin and other cryptocurrencies dropped overnight (utc+9).

20180308목0827utc+9_steamsteem_1stDwgGalno2spen1600x900pdf_whyDrop하락의이유.png

Someone asked why somewhere ..

Some reasons circulated were as follows..

  1. Binance hacking
  2. 4 witch day
  3. washout the weak hands
  4. ...

But, who knows..

--

Belows are heard at 2018.03.08.Thu. 12:00 (utc+9) after I posted first.

It does not mean that the news happened after I wrote first.

_4. US SEC(Securities Exchange Commission) says crypto exchanges
must register with agency.
_5. FBI will auction confiscated 2,170 BTC this month.
_6. Bankrupt Japan exchange Mt.Gox BTCs will be released more ?
_7. India exchange stopped.
_8. ...

Belows are heard at 2018.03.08.Thu. 21:45 (utc+9) after I posted above.

_8. Japan government stopped 2 exchanges for 1 month,
and 5 others should comply internal control and report to the regulator.
(This seems to be Japan's synchronized action together with above no. 4 in USA.)
_9. ...

There are reasons the cryptos are falling down...

Sort:  

Just the rollercoaster that is cryptocurrency

Yes, rollercoaster, it is one of the reasons.

The drop last night did not seem to be a very big drop.

Thanks for the Post and for keeping us informed excellent @steamsteem

Thank you for your visiting, comment and voting.

Those are just I heard, but please don't rely on them much. Neither do I.

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