Another article attempting to get the market to plummet (something that hasn't been successful at their first attempt). Markets will move past this nonsense without much problems after a while, and that's how it should be.
If this news was taken seriously by the major players in this market, we would have seen a massive crash taking the price down significantly lower than what we have seen ~ currently Chinese exchange rates hover around $4000.
If we look through all of this, then the correction and the China fud didn't have that much of an effect on the market, especially when you consider that the overall buy support is extremely thin ~ that's quite an achievement.
If this news was taken seriously by the major players in this market, we would have seen a massive crash taking the price down significantly lower than what we have seen ~ currently Chinese exchange rates hover around $4000.
If we look through all of this, then the correction and the China fud didn't have that much of an effect on the market, especially when you consider that the overall buy support is extremely thin ~ that's quite an achievement.
I agree with you. Bitcoin price is still trading above $4000, although we have another drop today. But I guess we have weathered the storm, and we could just see occasionally dump moving forward. Although I believe that there will negative news coming our way, I still believed that we withstand it and the more we move forward, the more the news will be irrelevant and totally forgotten. We already seen that we can go on without the Chinese, and if they voided something whether in mining capacity or investors, more are willing to replace them.
