Topic: BItcoin end or destroy in this month?? - page 17. (Read 11243 times)

I don't think the Chinese government or any individual can withstand Bitcoin. It is ever growing stronger  no matter the negative things being thrown at it . I'm optimistic that Bitcoin will forge back to its previous rates.

Bitcoin is well embraced by most and having a big dump scenario is not an indication that it will gone.
China's innovations towards bitcoin is the reason of making it ban in a moment, but now it is still back and another rules/policy imposed by the their government. China is now owning a large numbers of cyrpto changer that's why they contribute huge impact to its flow in the market.

It can dump or pump in value but it will never get destroyed, there are plenty of alt or any crypto that didn't replace btc popularity so it will continue for it have more development in the future.

I think bitcoin may go down again because the country in China is doing banning
 using bitcoin. the love state is the biggest country in using bitcoin to 50% in the world
 but it will not decrease once even if it is predicted to increase again as bitcoin is
 increasingly used in transactions every country even until some big companies have
started using bitcoin as a means of transaction.

you dont known when the time mt.gox get hack and everything fall down. That is teribble than this

Bitcoin can't be destroyed however it is effected by different things like bitcoins exchanges and dumping of Bitcoin. But still there is a chance that it might get a bit more low depending upon various things.

just like before, bitcoin had this moment before, so many dips that bitcoin already faced, so instead of confusing about this dip and getting a false predict that china can destroy bitcoin, have some faith on your bitcoin and hold it, im sure it will pump hugely again, and sooner or later, every things all fine. don't panic and hold on your bitcoin. more and more people are panicking now and they selling rush their coins to cut their looses. but its not the end and for me its not a good move to sell bitcoin when its on dip, its better to buy not to sell. lol

Bitcoin is dumping because of china and those freaking chinese who close and shut down some huge exchange on china,yeah defenitely they can destroy and crash bitcoins right here but i think they will not do it still

The price might go down from time to time and many might panic sell, but that is just the way things go with volatile instruments. We can't always expect the price to continue increasing without any real cause. The same is true with the opposite. While it is nice to know that the price has recovered about half of what it has lost since reaching all time high, we should not push the panic button whenever some bad news comes out or some people talking about how bitcoin is a fraud.

It's recovering now,we can see its increasing to $4000, maybe there are onlg who got panicked yet its not enough to bring down btc, itrecover within a week so there's no need for China to remove the ban, btc can stand still.

Certainly the panic exists, the greater pressure with the intervention of the Chinese government will affect the mining in that country, finally everything that is prohibited increases in price, and thus will happen with the bitcoin in China, for its residents bitcoin is equivalent to a currency and continue to invest in it, as if it were a hard currency. The most affected will be the ICO linked to business in China 

If my estimate is only a game from another country that wants to take advantage of the situation by looking for a longer profit but we should not give up so easily because one day the price could surge again after the ico ban in China began to subside.

I hope that it is just like that or the reason behind the huge fallout is because of china banning trading and the wise guy from JP morgan who said bad things against bitcoin but bought a lot of bitcoins when the price went low.
We can never say that bitcoin cannot be destroyed, it can but not this time, bitcoin is at a young age and look what it did to the world. Banks are now more afraid of bitcoin that ever, Before when bitcoin's price was merely a dollar or two. banks did not even bother to look at it. Some said that it is worth nothing, so people did not paid attention to bitcoin. Now china is a different story, when the chinese entrepreneurs noticed bitcoin, more and more got attracted to it. It is not because of its worth at that time, these entrepreneurs simply value their time, and since time is money these chinese saw the advantage of using bitcoin than that of the regular currency. Trading goods in china is cheap and with taxes it may rise a little, can't say much about the tax because i'm not from there but the thing here is back then bitcoin does not have that kind of taxation process, and these chinese dont go through all the hassle just to get their money out of the bank. But now that an order was issued to ban the trading in china, it somehow affected the market but bitcoin showed resilience, it went back up despite china banning the exchanges. It may be because although china holds a large part in the bitcoin market, it does not own the market as a whole. Bitcoin is global and with japan legalizing bitcoin it just added to that market, russia also plays a big part of it. Now we've got news that vietnam will also legalizing bitcoin though they are still in the process it's not that far long that we will see vietnamese entrepreneurs doing the same thing that china did. after all the transaction with bitcoin is faster than that of the regular currency. It may boost bitcoin's price by next year after everything is laid out. However, just recently china, again issued an order. They will be expanding the extent of the ban. Back when they first issued the order it was just the ICO, the exchanges, even if those were banned bitcoin is still used by the local entrepreneurs. but now they are issuing that it will also ban the peer to peer trade, or the over the counter trade which means that they might be banning the currency as it will not be used at a restaurant or somewhere else. With this move it may again cause a dip. But we dont know that yet. it may be china's way of testing bitcoin after some time china may be back at it again. It is just how government goes. they love putting their hands even if it is not meant to be handled by them.  The corruption is real. 

Thats true, the false news that was being spurned around has now backfired and Bitcoin is gradually regaining its previous value . It isn't going to be destroyed or dead for those evil wishful thinkers rather it's getting stronger and stronger by the day.

The fake news about closing the exchanger that causes the price to drop down and it is quite big mess, but now the price has reach $4000, so bitcoin wont dead this year or soon, bitcoin got a very strong support,  this can be seen from last forking where no big impact been made even though some of the investors pro bitcoincash

the bitcoin totally comeback at the marketcap currency. we dont know when it end or destroy but i know that bitcoin will not destroy this month.

China never wanted to destroy Bitcoin. They wanted only to destroy all the ICO's because market is full of them and most of them are SCAM. China did this to stabilize the bitcoin and altcoins market. Now bitcoin is over 4000$, and it grows with more than 100$ a day. I think it will reach about 5000$ at the end of this month. Bitcoin is a new technology for future and it is never going to die.

is it you think that yesterday's issues and news are just a form of manipulation from china players? because you can see the price had dropped to $ 3800 and is now back up to $ 4000. and for traders or investors who buy at a price of $ 3800 would be very profitable now. yeah I think bitcoin will be hard to down let alone die. so dont think it's easy to panic. you should see prices go down as a profit opportunity to buy..

Even bitcoin has its fluctuation daily, bitcoin will survive its downtrend. It will not destroy it will continue to rise as the price is keep increasing. I believe bitcoin has a bright future ahead it will not easily end by anyone.

I dont think so, bitcoins will overcome all those challenges that blocks their ways to success. And that deflation of the valuebif nothing compared to the value of the bitcoins before segwit. But look at them after the segwit, their price almost thripled. And besides this is just an effect because of china banning bitcoins in them. We all know that china is a big country which means there are a lot of people in their who uses bitcoins. And losing them is going to cause a huge drops on bitcoins price.