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Topic: BItcoin end or destroy in this month?? - page 23. (Read 11243 times)

sr. member
Activity: 1092
Merit: 271
September 14, 2017, 05:37:17 PM
#51
I do not think Bitcoin will end this month nor it will be destroyed.  This is the beauty of being decentralized, just like torrent files, it is hard to control since people around the internet have those pieces and as long as there is one person seeding it.  Same goes to bitcoin as long as there are people who believe in bitcoin it will never be destroyed.  It may plummet in price but it will never end.
full member
Activity: 280
Merit: 111
September 14, 2017, 03:10:42 PM
#50
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.
full member
Activity: 250
Merit: 100
September 14, 2017, 03:09:38 PM
#49
I think it can't destroy the bitcoin because worldwide people invest in that...I admit that,china have huge markets,that's effect the bitcoin for some time.But in my opinion it can't destroy it..


this is not the end of everything about bitcoin. bitcoin can fall at any time with all the rumors.
but we can see from the first bitcoin rises. up and down, it has become ordinary is not it. basically crypto is unstable.

I'm still optimistic bitcoin will survive and rise back next year.
hero member
Activity: 826
Merit: 501
September 14, 2017, 03:05:52 PM
#48
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.
newbie
Activity: 35
Merit: 0
September 14, 2017, 01:30:10 PM
#47
Interesting to see where this ends up in the next 6 months, if China really does ban all crypto exchanges can the market ever fully recover?
member
Activity: 64
Merit: 10
September 14, 2017, 01:24:06 PM
#46
knowing china they wanted to manipulate everything. but they can not destroy bitcoin. Bitcoin is affected because some traders are afraid to invest again. they are selling there coins already. Better hold and wait the real value by 2021. Better be afraid what will happen to dollars not bitcoin.
sr. member
Activity: 546
Merit: 250
September 14, 2017, 01:11:29 PM
#45

I think the bitcoin decrease will not end for this month. I do not know, but in my opinion there will be a decrease again. I do not know to the lowest point. only this is a problem for all of us.

I think the beginning of December will be normal again. but that's just an estimate.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
September 14, 2017, 01:03:01 PM
#44
I donot understand what are going to on bitcoin?Bitcoin dumping  and dumping Shocked Shocked.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 ?

no one can predict for sure this. all this is clearly a problem that is happening. but we can wait and see

I think this will end at the end of this year's month.

opportunity for us to buy bitcoin.
full member
Activity: 1386
Merit: 101
ComboLabs
September 14, 2017, 12:56:16 PM
#43
I donot understand what are going to on bitcoin?Bitcoin dumping  and dumping Shocked Shocked.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 ?


will still happen next month. that's what I expect. but for the beginning of the year it seems to be back to normal and back up slowly.

yes I strongly agree this is a deliberate rumor.
full member
Activity: 210
Merit: 100
September 14, 2017, 12:55:51 PM
#42
It won't be destroyed in this month, it is a small fall and it will raise again.
Some statistics says that it will reach 5000 in the end of the year. 
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
September 14, 2017, 12:46:27 PM
#41
China is not really the one to blame, or at least not the only one. Traders are taking profits, people are panic selling, traders was well are wet of panic. About 60$ Billion disappeared from total market cap. It can take months to recover (without considering the November event). Long term holders, keep holding. Weak hands, keep selling

Quote
the majority of traders in China and other major markets such as the US, Japan and South Korea are still unaware that BTCC closed its trading platform voluntarily and other leading exchanges including Huobi and OKCoin, the two largest exchanges in China, are operating normally.

Quote
Chinese bitcoin and cryptocurrency news source CnLedger confirmed with OKCoin and Huobi representatives that they have not heard any new directives from the People’s Bank of China (PBoC) and Chinese financial regulators.

“Also note that BTCC previously listed ICO-Coin, a token specifically used to raise funds in ICO projects, issued by co-founder Yang. OKCoin and Huobi said they have not received notice from regulators and are operating normally,” said CnLedger.

Quote
It is likely that a panic sell-off by traders in China, South Korea, US and Japan caused the abrupt price drop as they mistakenly understood the closure of BTCC to a nationwide ban on bitcoin exchanges. It is important for traders and investors to understand that the ultimate plan of the PBoC and Chinese regulators is to provide and offer a licensing program for exchanges, not ban trading platforms.

https://www.cryptocoinsnews.com/bitcoin-price-falls-to-3450-but-analysts-are-not-worried/
member
Activity: 96
Merit: 10
September 14, 2017, 12:12:05 PM
#40
I think it can't destroy the bitcoin because worldwide people invest in that...I admit that,china have huge markets,that's effect the bitcoin for some time.But in my opinion it can't destroy it..
full member
Activity: 448
Merit: 100
September 14, 2017, 12:02:09 PM
#39
You know very well,When bitcoin was not in china then bitcoin was worth around $2500.But when bitcoin said in china, then it reached $5000.Now china ban bitcoin and again it fall down its old price.So i think it not destroy.Because only china ban bitcoin ,not all country.
full member
Activity: 224
Merit: 100
September 14, 2017, 11:13:51 AM
#38
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.
lol  Grin but it is true, too many times china use this strategy to make btc price dumped but it is work. maybe need to hold longer time so btc can back to rise again

Maybe because China had ban Bitcoin before for like 5 months i think and after that Bitcoin price recovered, i just hope this would be the same as what happened before and no permanently.
sr. member
Activity: 378
Merit: 250
September 14, 2017, 11:13:40 AM
#37
News about banning ICO's in China truly affects the price of bitcoin nowadays because a large portion of bitcoin miners is in their country plus aside those miners there is a lot people who really participate in the world of cryptocurrencies that back off temporarily with this said event. And the issue about this Jamie Dimon that telling 'Bitcoin is a fraud' and will fire his employee who will caught in trading bitcoin, so this is the main issues that really affects the price of bitcoin.

And the other issue that makes bitcoin's price down is the traders that is making profit out of it, most of them have bots in trading and of course it has been triggered to sell when some unusual downfall in price.
hero member
Activity: 826
Merit: 529
September 14, 2017, 11:11:26 AM
#36
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.
sr. member
Activity: 588
Merit: 254
September 14, 2017, 11:09:16 AM
#35
China and no other country in the world can "destroy" bitcoin. It's the biggest breakthrough in finance in history and it's here to stay.

That is true, how come they can destroy something in the first place they never owned. It was just nothing but all hype and fud to make the traders panic and dump they're coin. In the end there price is low and they buy back. It is been a practice in markets for so long. And it looks normal to me, so for those being emotionally unstable right now about the price, drink a lot of water because it's still be on dip.
It's easy to destroy things you don't own tho... An example: Throw a brick through your neighbour's window...

PS: I am not recommending you to do that. I just gave an example.
full member
Activity: 247
Merit: 101
OPEN GAMING PLATFORM
September 14, 2017, 11:06:14 AM
#34
I donot understand what are going to on bitcoin?Bitcoin dumping  and dumping Shocked Shocked.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 ?

It would take more than the issue on China to make Bitcoin fall. China is just a single country and is not that a very big for Bitcoin to be a serious threat. Yes the majority of Bitcoin miners are in China but we cannot neglect the fact that many more country can do what China can do. Other companies might build their own mines so that they can cover the issue on China. The price decrease is not a good basis to predict such end. It is illogical and very unjustifiable.
hero member
Activity: 1904
Merit: 510
September 14, 2017, 11:04:29 AM
#33
I donot understand what are going to on bitcoin?Bitcoin dumping  and dumping Shocked Shocked.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 think this is a planned scenario. there are several factors that decrease bitcoin this late.

deliberate rumors to keep the bitcoin value down.
sr. member
Activity: 770
Merit: 254
September 14, 2017, 10:54:38 AM
#32
Please stop spreading FUD about bitcoin.  Roll Eyes
People are using bitcoin all around the world, china is not the only place to say if china bans bitcoin, bitcoin will die.
Frankly, bitcoin died 159 times already and this is 160, it won't die this is only correction.
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