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BitcoinPrice
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 21
Joined: Thu Oct 08, 2015 7:39 pm

Bitcoin Drops under $700 as US Regulators Say it Threatens Financial Stability

Wed Jun 22, 2016 4:33 pm

Bitcoin drops below $700 per coin as US regulators say it threatens financial stability. What's to come for the digital currency?

http://bitcoinprice.net/bitcoin-drops-u ... stability/


iFixBTCmemoryIssues
Gold Bitcoiner
Gold Bitcoiner
Posts: 2682
Joined: Tue Nov 24, 2015 9:03 pm

Re: Bitcoin Drops under $700 as US Regulators Say it Threatens Financial Stability

Wed Jun 22, 2016 6:13 pm

Bitcoin drops below $700 per coin as US regulators say it threatens financial stability. What's to come for the digital currency?

http://bitcoinprice.net/bitcoin-drops-u ... stability/
I've read the original article and it seems US regulators are suggesting an effort to work with other regulators from around the world to begin enforcing regulations on crypto-currencies.

When a security drops from high 700s to low 600s this quickly, it is a sign of manipulation in the market. This will get regulators involved.

Whoever is manipulating Bitcoin's price, you need to slow it down. You are bringing too much attention.
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