Topic: Bitcoin and september 30th - page 4. (Read 1368 times)
Let's stop speculating on the upcoming closure of the Chinese Exchanges. We need to go and move forward from it. It only creates panic for newbies. As for your question, I will not trade it to fiat and will still hold my bitcoin. I'm not worried if the price comes down once again. We have seen it already but bitcoin has recovered and now that the $4100 barrier has been broken before the closure, I'm expecting another massive bull run regardless. So its better not to dump at this point but hold. And if ever the price goes down again, consider it a good buying point once more, specially for new investors who wants to enter the market.
Despite the good pump we are having right now, I still think bitcoin price can go down to $3k or $3500 again before getting back on huge bull run.
Sep 30 is quite near and looks like we are in huge bull trap where chinese whales can dump their bitcoin to hold fiat till all this fud and ban will settle down in china.
Sep 30 is quite near and looks like we are in huge bull trap where chinese whales can dump their bitcoin to hold fiat till all this fud and ban will settle down in china.
i think hedging a small portion of your portfolio with bcc might be a good idea as well.
Nothing. Everyone knows that exchanges will close, so everything is already priced. Any action already took place some long days ago.
I think September 30th will another no event.
I think September 30th will another no event.
I'm doing the same as always. I'm going to hodl it. I think that the price has already went down because of this event. I wouldn't be suprised if China annouced that they are not going to ban exchanges. I think they wanted to decrease the Bitcoin price! Money is important these days, especially for huge countries. I'm curious what the price would be if China didn't annouce that they are going to ban Bitcoin.
I am definitely gonna hold and many people would too. It would be foolish for people to sell their bitcoins and get panicked. Bitcoin is recovering back as wee can see Bitcoin is again upto 4000 dollars so holding would be best if you wanna take the risk.
What will the China ban/FUD do to bitcoin in the next coming days till the 30th. Are you guys holding or Trading to fiat? What are you’re thoughts on this..
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