Bitcoin falls as Turkey bans cryptocurrency payments

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Bitcoin is dropping after Turkey's central bank moved to ban cryptocurrency payments

Bitcoin fell early on Friday, after Turkey’s central bank decided to ban the use of cryptocurrencies for payments from the end of the month.

It said that market values can be “excessively volatile,” adding that digital wallets can be stolen or used unlawfully and that transactions were irrevocable.

 

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abd nin yapamadığını tr ye yapıyor, hadi cesaret alın , abd de yasaklayabilir

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Instead of banning it they should tax it at 80%.

Buying opportunity

should be called NotMarketWatch

yoshitaka_kitao BS. Was never the case that Bitcoin payments were adapted in Turkey. If you count the few cafes and bakeries 🧁 who accepted bitcoin as payment, then you will find out that this one here is purely making up an excuse for the drop.

yoshitaka_kitao $BTC $XRP BTC RXP All BTC coming in exchanges are getting buying and get out exchanges 9,774 BTC ($536,497,490) aggregated outflows from multiple exchanges in an hour 1. Binance 5,504 BTC (56%) 2. Okex 1,208 BTC (12%) 3. Coinbase Pro 929 BTC (9%)

yoshitaka_kitao BULLOCKS, 40% of the mining was out of order in China, just tell the REAL truth.

If I were your followers, I would leave you now. Bullshit content 😄

Nothing to do with that drop find another job

Maybe thats not the reason. Ofcourse that act may create some degree pressure though it may call as butterfly effect at most. cryptocurrency Bitcoin

Old news,unserious

way aq hemen nasılda kendinize bagladınız btc nin düşüşünü :D asjdashd

It works 🎆 POLKABONUS I Got 300 DOT after sending 100. Thank you very much 🥂

it’s most likely dropping cause bitcoin holders moving a majority of their bitcoin towards dogecoin 😂

You're barking at the wrong tree. This dip is normal after some profit taking by the market.

You will know anti-bitcoin media when you see one. This is one of them. They just hated it and like to peg it to anti-bTc news around the word. Check the Charts first. We av been expecting the dip since march.

No because there has been a blackout in Xianjing, China. It accounts for nearly 40% of all bitcoin mining wordwide.

EylemCulculoglu NİCE GREEK NEWS EylemCulculoglu

Turkey is under pressure, they drove there Lira against the wall... not Bitcoin $BTC 🆙

Hahaha fake news.

Hahaha as if Turkey’s central bank can control the crypto market 😂😂🤦🏻‍♀️

'Pay no attention to that hashrate over there. We're still going with the Turkey Central Bank narrative.' What about them telling citizens to sell gold and warning signs of possible gold bond asset confiscation? Why hasn't the gold price moved down? 'BITCOIN IS CRASHING!!!'

Is it fuck, one little country isn't going to drop the market 15-20%

I never understood Bitcoin. Therefore, this is good news. I think!

Bjr_Hodl

bullshit, it's not about turkey. its market.

Nope it was due to liquidation of margin long traders

Yanlış düşünürsunuz, bu sistemin doğasında var. Sonuç hep aynıdır. Sadece sebepleri farklı olabilirdi. Bitcoin vb değil tüm Crypto coin varlıklarda satış olduğunda bu alacaktı. Bir göz at;

🤣🤣 Dünyanın en güçlü merkez bankası tabiii lannnn ne. Sandınız?

Why are you posting a 2 day old article now, when clearly it's falling at this moment for different reasons than old news?

Anyone who actually owns Bitcoin/Crypto sees drops in price as a giant 'ON SALE!' sign. We know the tech is fundamentally strong so any news creating a decrease in price is fantastic for buying more or encouraging others to buy in. Bitcoin Crypto CryptoNews Turkey BTC

🍆Fud

Only Kadir Believer believes in this.

This drop has nth to do with Turkey , i dont think there is a ban.

No one will accept bitcoin its f all speculation😑

Siz yapmayın bari sq

Comon There is no ban in here, we r still trade.

News are coming from your ass

Masadayız yine

Has nothing to do with this 😂

It has nothing to do with the turkey ban...which is also not such a massive ban at all😂

No

Weren't they planning to use $ADA Cardano. Guess not.

FakeNews media and their BULLSHIT about Bitcoin 😏

Has nothing to do with that... always these explanations 😂😂😂 What a joke.

BTC dropping cause of many high lev longs need to get rekt. over 10b in liqs past 24hrs setting a new record. this should be ur headline

no thats old news ..Turkey only banning crypto for goods

BTFD!

More FUD

So what you're saying is... Buy the dip?

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