China's cryptocurrency ban may not be short term, says BTCC CEO.
BTCC CEO Bobby Lee recently shared his views regarding China’s ban on trading cryptocurrencies, and it seems that he is more skeptical than most internauts. According to him, we should not expect China to change its mind soon and that the government’s goal was to hit Bitcoin prices. Read here the rumors from China about the bitcoin https://cryptovest.com/news/chinas-crypto-ban-not-likely-to-be-short-term-says-btcc-ceo/
Topic: Be ready for more rumors and fud from China (Read 3359 times)
Reason is simple:
It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400
Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.
Just be ready... hodl or trade... but it will happen again.
It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400
Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.
Just be ready... hodl or trade... but it will happen again.
This happens when we heard humor that bitcoin banned in china,in order to discourage all chinese bitcoiner to not continue in trading,but this kind of critics and humor will not affected so much the current happen in the world of digital currency.co'z everything fake news they throw to bitcoin the more btc will popularize in the whole country and continue his legacy.
Funny things are happening in China when it comes to Bitcoin. Like the goal is to make the confusion and discourage traders and other users so they abandon Bitcoin. This is not going to happen but lot of damage has already been done and obviously this will continue in the future. Lucky for us Bitcoin has shows a great deal of resilience for the rumors and misleading information and this should be even more improved in the future.
China is important market but nit the only one, don’t forget that.
China is important market but nit the only one, don’t forget that.
Reason is simple:
It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400
Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.
Just be ready... hodl or trade... but it will happen again.
It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400
Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.
Just be ready... hodl or trade... but it will happen again.
As expected, there is a possibility that this will happen. With what happened to China, this kind of things are bound to happen. China is a good country don't get me wrong. But, when it comes to their people influence is easily spread.
The new rumors come from the China related with cryptos currency exchange is Changpeng Zhao (CZ), CEO of Binance and former CTO/Cofounder of Okcoin sat down with news.Bitcoin.com to talk about dealings with regulatory bodies in China, his advice for retail investors when choosing an exchange and the future of centralized and decentralized crypto exchanges. http://www.altcointoday.com/life-chinas-exchange-ban-interview-hong-kong-based-binance-ceo-zhao/
I think that after some bad news from China and even Russia, Bitcoin is pumped. I hope that whatever bad rumors, Bitcoin still rises up. 
i really want to hear the rumor and fud from China nowadays, the price of bitcoin pumped so much, its a bad news to me as i have not buy enough bitcoin, the only thing i wish is that who can stand out to stop bitcoin
bitcoin has overcome the disadvantage coming from China. I believe in the future, hardly the bitcoin something hard was it developed
hate it when they do that.... creating rumors to drive prices down... tsk tsk tsk...
i really want to hear the rumor and fud from China nowadays, the price of bitcoin pumped so much, its a bad news to me as i have not buy enough bitcoin, the only thing i wish is that who can stand out to stop bitcoin
If they are free-thinking all the events are on bitcoin and the rumors are all fake. Do not be fooled by the fudders.
If they believe in bitcoin, the best way to do it right now is to study with your bitcoin preferably.
If they believe in bitcoin, the best way to do it right now is to study with your bitcoin preferably.
Well i am ready for any news that will coming out from China or should i say i am already used to any news coming out from China anyway thanks to China rumors i have proven the strength of Bitcoin that it will never go down easily even if China is one of the largest population of Bitcoin users and China will banning Bitcoin on their country, Bitcoin will still prevail and price will always rise to the top.
Its just like saying ignoring China at your own risk. The fud won't stop and the coming one will always be tougher and harder than the former but one thing is certain bitcoin will always recover. Chinese are not done with bitcoin and I don't see that happening either so far the majority of shots are still being called from that end especially as it relates to mining.
china is now preparing for a new rumor, that's what I'm reading lately. I'm not sure if it's true or not. but all this time china has made a lot of us restless.
Source?
I believe we start to get out of the shitstorm.
Probably good or neutral news to come: ban or regulations will be preceived as good news.
Watch what is happening in NKorea as well: the china ban could be related
Russa sent some bad signals yesterday.
And china some good ones
Let’s see where we go.
I bought WAVES in the fud-dip at 86k
china is now preparing for a new rumor, that's what I'm reading lately. I'm not sure if it's true or not. but all this time china has made a lot of us restless.
I hope even complete ban of china on bitcoin would not be proved harmful for bitcoin in future because bitcoin is not totally dependent on China.
Reason is simple:
It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400
Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.
Just be ready... hodl or trade... but it will happen again.
It may happen but who cares, they are the ones to fall for that, if we did not stopped holding despite the huge FUD coming from the China government then, what can they say or do in order to make us drop our coins? They need to suck it up and just accept the fact they lost their money. It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400
Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.
Just be ready... hodl or trade... but it will happen again.
when the market cap of chinese exchange has significantly decreasing, no more price affection, no more stupid regulation for bitcoin.
Reason is simple:
It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400
Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.
Just be ready... hodl or trade... but it will happen again.
It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400
Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.
Just be ready... hodl or trade... but it will happen again.
There is more FUD on this forum BY FAR than there is coming out of China. Just be ready for what? That China will do what they've been saying for a long time now?
Of course you have to be ready for more rumors and FUD from China because that's what these countries with power do, they talk crap and then buy Bitcoin behind the scenes, it's classic market manipulation.
Reason is simple:
It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400
Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.
Just be ready... hodl or trade... but it will happen again.
It may happen but who cares, they are the ones to fall for that, if we did not stopped holding despite the huge FUD coming from the China government then, what can they say or do in order to make us drop our coins? They need to suck it up and just accept the fact they lost their money. It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400
Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.
Just be ready... hodl or trade... but it will happen again.
when the market cap of chinese exchange has significantly decreasing, no more price affection, no more stupid regulation for bitcoin.
Those whose hands are not shaken did not lose any money, I don't think that only chinese bitcoin users loses money on these Chinese action, Bitcoin community is not limited to Chinese people alone and news is not limited to Chinese land. With technology and how fast these information was passed and circulated on the internet, anyone that had sold their Bitcoin at the time Bitcoin price decline lost some profit even, capital and this happen all over the world.
Reason is simple:
It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400
Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.
Just be ready... hodl or trade... but it will happen again.
It may happen but who cares, they are the ones to fall for that, if we did not stopped holding despite the huge FUD coming from the China government then, what can they say or do in order to make us drop our coins? They need to suck it up and just accept the fact they lost their money. It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400
Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.
Just be ready... hodl or trade... but it will happen again.
when the market cap of chinese exchange has significantly decreasing, no more price affection, no more stupid regulation for bitcoin.
Reason is simple:
It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400
Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.
Just be ready... hodl or trade... but it will happen again.
It may happen but who cares, they are the ones to fall for that, if we did not stopped holding despite the huge FUD coming from the China government then, what can they say or do in order to make us drop our coins? They need to suck it up and just accept the fact they lost their money. It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400
Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.
Just be ready... hodl or trade... but it will happen again.
when the market cap of chinese exchange has significantly decreasing, no more price affection, no more stupid regulation for bitcoin.
Those whose hands are not shaken did not lose any money, I don't think that only chinese bitcoin users loses money on these Chinese action, Bitcoin community is not limited to Chinese people alone and news is not limited to Chinese land. With technology and how fast these information was passed and circulated on the internet, anyone that had sold their Bitcoin at the time Bitcoin price decline lost some profit even, capital and this happen all over the world.
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