Topic: BItcoin end or destroy in this month?? - page 22. (Read 11243 times)
To be honest, I am enjoying these 'Bitcoin is or will be dead' because I believe that current price decrease is a part of correction process and has nothing to do with the existence of the Bitcoin. In fact, I was expecting and appreciate this price correction because such incidents are beneficial for the natural growth of the Bitcoin. I bet, Bitcoin will be there for years to come but with an unstable price.
Chaina banned bitcoin so a great damage or destroy in the market of bitcoin. It falling down and down.it may be down to line of 3000$ in week. It is the main problem of bitcoin market.
I donot understand what are going to on bitcoin?Bitcoin dumping and dumping 
.Now bitcoin under 3600$ i think in this week its going to under 3000$.China can destroy bitcoin or ended this month.What your predict ?
.Now bitcoin under 3600$ i think in this week its going to under 3000$.China can destroy bitcoin or ended this month.What your predict ?My prediction is that you are all wrong.
Bitcoin surviving all this time and then destroyed by china in just a blink of an eye? Nah. Will not happen, dude! It may affect the value since the market there is big, but crashing down simply because of it? It is not happening, ever.
The reduced price is a matter of concern. The price is not always the same. It may increase or decrease the price. But there is no reason to destroy it
The price of bitcoin fall aftermath of Chinese exchange BTCC's trading stoppage announcement. China people is selling because they want their money out of exchanges before they are shut down
I'm sure this is a temporary panic, chinese users do not react too much with this issued, they keep bitcoin and I'm sure it's done soon and bitcoin prices will go back rising.
what is the basic reason you made this topic? logically the price of bitcoin is still stable even this month has increased, so I think very far your prediction if you mention that bitcoin will be destroyed this month
Where you can come to that conclusion, when you realize from the beginning that the bitcoin is fluctuating, so the bitcoin is quite up and down the price, maybe you do not understand about bitcoin and its properties.
I don't know what will happen next week. The price of bitcoin now are very affected by the fake news and some tweets that are spreading in the internet. A little bit worried but let us just hope and see the latest news in the next few days.
I think there is now a panic where -man, it makes bitcoin prices more mudslides especially traders, most of them choose to sell their Bitcoin and wait time to buy below.
I am seeing an enormous amount of ignorance on this thread.
First most, if not all of those posting here, do not understand that China has a censorship/firewall system that can block anything and everything related to BTC if they so choose. How can people put their money in something if they have zero ability to access exchanges let alone have the ability to see the current price? China already does this to a large % of websites and search engines. Most businesses and government entities like the US military have had these censorship systems for years. It's just a matter of how far of a web that they want to throw down on their people.
If there is a financial crisis in China, and it's in the cards, there will likely be capital controls. The first target will likely be cryptocurrencies to stop outflows. The USA is already doing everything they can to enforce capital controls without actually calling them as such. How long will it take or what event must occur before covert controls do not turn overt? I read things about the US Constitution. Since when has it been followed? Most laws on the books now, especially financial, are unconstitutional. The problem is that politics prevents these "laws" from ever making it to the Supreme Court to be overturned.
Cryptos can be shut down by most governments and at any time they choose, regardless of their laws. Martial law can change everything regardless of what is on the books in a democratic system or a republic where the individual is sovereign.
No matter how much people are insisting it, they understand neither due process or history. They don't understand that governments, even in "free" countries can seize or censor whatever they want whenever they want to do so. In some ways, the internet makes censorship even easier than ever before. This is the true risk of BTC...and probably one that most do not want to think about let alone admit.
First most, if not all of those posting here, do not understand that China has a censorship/firewall system that can block anything and everything related to BTC if they so choose. How can people put their money in something if they have zero ability to access exchanges let alone have the ability to see the current price? China already does this to a large % of websites and search engines. Most businesses and government entities like the US military have had these censorship systems for years. It's just a matter of how far of a web that they want to throw down on their people.
If there is a financial crisis in China, and it's in the cards, there will likely be capital controls. The first target will likely be cryptocurrencies to stop outflows. The USA is already doing everything they can to enforce capital controls without actually calling them as such. How long will it take or what event must occur before covert controls do not turn overt? I read things about the US Constitution. Since when has it been followed? Most laws on the books now, especially financial, are unconstitutional. The problem is that politics prevents these "laws" from ever making it to the Supreme Court to be overturned.
Cryptos can be shut down by most governments and at any time they choose, regardless of their laws. Martial law can change everything regardless of what is on the books in a democratic system or a republic where the individual is sovereign.
No matter how much people are insisting it, they understand neither due process or history. They don't understand that governments, even in "free" countries can seize or censor whatever they want whenever they want to do so. In some ways, the internet makes censorship even easier than ever before. This is the true risk of BTC...and probably one that most do not want to think about let alone admit.
Right now, the Bitcoin market is riding on a big ship of negative news and nobody can say when this ship will finally be docked so we can move on and let this time be just another down history for our digital currency. The whole cryptocurrency market is affected because of what is happening with Bitcoin. People are encashing their hoard of Bitcoin so they can escape the heat while, of course, there are also many like me who are just "HODLing" what they got thinking that they can weather this big storm...which we will.
This is akin to suffering the power of Irma...there would be destruction everywhere...but ultimately we can get on our feet and rebuild. The same here in Bitcoin. In the past, Bitcoin also crashed yet after some time the recovery took hold. We just have to strengthen our mindset on Bitcoin as it will not go away. Remember that just last year...the value was at $500...and just after many months it escalated.
This is the trial stage for Bitcoin and we should stand united for it and HODL
This is akin to suffering the power of Irma...there would be destruction everywhere...but ultimately we can get on our feet and rebuild. The same here in Bitcoin. In the past, Bitcoin also crashed yet after some time the recovery took hold. We just have to strengthen our mindset on Bitcoin as it will not go away. Remember that just last year...the value was at $500...and just after many months it escalated.
This is the trial stage for Bitcoin and we should stand united for it and HODL
My conspiracy theory is that China wants reduce the price of bitcoin cash's price so their countrymen can buy at lower price. Then start promoting again.
yeah it can be true since they know that their country is one of the biggest investors of bitcoin and since chinese people are likely born to become a businessman, this is their strategy then they will buy bitcoin again when it decreases and sell when it increases. Maybe its a theory but who knows if its true but i agree with this theory in the end of bitcoin. its an absolute NO.
i just started to know bitcoin since last week but for me i think the news in china is not enough to make bitcoin destroy or end. maybe it will decrease the price which is what we are experiencing right now but there will be a time that it will rise again.
if someone said that bitcoin will be destroyed because of china, its like he/she said that china is in control of bitcoin
It is very difficult to predict the continuity of bitcoin after China announces ICO bans and recently one of the famous exchange in china BTCC exchange will stop all trading in early October. Just wish the best of bitcoin later.
I donot understand what are going to on bitcoin?Bitcoin dumping and dumping .Now bitcoin under 3600$ i think in this week its going to under 3000$.China can destroy bitcoin or ended this month.What your predict ?
Honestly, I don't know how to react on this. I am scared as hell but I won't sell at this point. Did you guys remember the price between Feb and March of this year? That is my basis in HODLing my BTCs... if the price goes lower than that range, I will definitely say goodbye and move on. .Now bitcoin under 3600$ i think in this week its going to under 3000$.China can destroy bitcoin or ended this month.What your predict ?I am in a big trouble, dude. ha ha ha! I had left my day job a few months ago to focus on my home-based job that pays me bitcoin; today, the value of my salary to fiat went down balls-deep, and honestly, that doesn't feel right. Reading this kind of thread doesn't help me either... I hope the trolls will soon stop posting shit like this. Pardon me.
On the other hand, please refrain from believing that the China can destroy bitcoin. Bitcoin is decentralized, therefore, it will stay alive not unless the last server has decided to shutdown.
after reaching 5k mark BTC is pulling back when traders took profit then came the Chinese ban, comments from JP morgan ceo, news that India frowns on btc...investors are just looking now for a great price to get in...then btc will go back roaring again..
It just another trick by whales to let our guard down. This is the only way for them to grab a lot of bitcoin. im bet with the current price on the market. They will buy a lot. Dont fall with this old trick. The panic sell from investor just make the whales more money.. You can see next month will be a huge bump again.hopely. but i can assure this will be happen in no time.
after reaching 5k mark BTC is pulling back when traders took profit then came the Chinese ban, comments from JP morgan ceo, news that India frowns on btc...investors are just looking now for a great price to get in...then btc will go back roaring again..
I believe that a group of people is doing such type of activities which makes the BTC market again in fall. but this problem will not last forever. I think when they people will leave by selling their Bitcoin from this platform then the scenario will be changed. so Bitcoin is not going to be destroyed or end. this is the game of market. so you have to play very carefully.
We should think and act very carefully and don't be easily carried out on some speculative ideas coming from any news or thoughts in the forum. Btc was already attempted to drown by these group of people and we already surpassed last month of August and now their plans of taking it down again? Well that's too much. Bitcoin will not end and it will go along the way, bigger whales will not allow this to happen how much more with people like me depends on it.
I guess it is true that there's a group of people who wants to make the BTC Market fall again. But it is very hard for them to do that. Just hold and observe whats happening. Don't let your minds deceived by the rumors and fake news. Bitcoin will not end or destroy.
Something is really wrong Bitcoin just touched 3300 dollars and i guess will keep falling. I don't think any one would have though that bitcoin would be affected by such a big scale due to China. China surely has good influence on things these days and they also comprise a big portion of market. But a article which I encountered on internet read " ICO ban in China is temporary and will be back soon" if this is the case I guess bitcoin prices will start increasing again.
Yes, bitcoin will rebound soon. This ICO ban is temporary, and before the year ends and all issues is cleared, we will be seeing bitcoin on the rise again. Just relax and monitor whats happening, Bitcoin as another update this November.
Something is really wrong Bitcoin just touched 3300 dollars and i guess will keep falling. I don't think any one would have though that bitcoin would be affected by such a big scale due to China. China surely has good influence on things these days and they also comprise a big portion of market. But a article which I encountered on internet read " ICO ban in China is temporary and will be back soon" if this is the case I guess bitcoin prices will start increasing again.
Whenever there's a dump in the price of bitcoin regardless how big or small it is, some will go speculate that it is the end of bitcoin. One more thing is that they happen to co-relate the events happening around the globe and one of those is the ICO ban in china. Sure, the ban of ICO in China has a factor on the current price. But we must understand that it is normal for Bitcoin to dump and pump. A certain coin such as bitcoin cannot pump when it wont dump. If it would stick to the 4000$-5000$ price, it cannot pump a much higher price than that. I don't see anything wrong about the pumping and dumping price of bitcoin. We'll see on the next few days.
Jump to: