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RE: NEWS - Bank America Bans Bitcoin

in #bitcoin7 years ago

thanks for the comments @trinityandgrow. for those who are buying bitcoin to use as a currency then this is only an inconvenience, because yes, they can still use debit cards. and yes, borrowing to buy bitcoin or tulip bulbs is speculating and is a bad idea.

a question for you though, if you are a cryptocurrency investor and the supply of new purchases is restricted, will it slow the rebound of cyrpto-coin prices? and will more bad news like this push prices down further and push some investors to cash in and cash out?

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