The drop was due to a couple reasons: A) the Chinese locking down their citizenry from trading in BTC. B) The thefts of wallets by trading sites (only a few, but significant). The Chinese are slowly getting back into the game and are also trading in LTC now (which really took a nose dive but seems to be slowly recovering).
“The drop was due to a couple reasons: A) the Chinese locking down their citizenry from trading in BTC. B) The thefts of wallets by trading sites (only a few, but significant). The Chinese are slowly getting back into the game and are also trading in LTC now (which really took a nose dive but seems to be slowly recovering).”
And yet the values of REAL currencies don’t bounce up an down like yoyos by several hundred percent because of things like “Chinese locking down their citizenry from trading” or “thefts of so-called digital ‘wallets’”