Bitcoin Is Falling Down? - page 4. | Bitcointalksearch.org

tokeweed

legendary

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Life, Love and Laughter...

Quote from: mk4 on September 12, 2017, 11:57:11 PM

Probably because of China possibly banning exchanges soon, and because of the recent Tweet of Charlie Lee (litecoin founder) saying that China finally banned bitcoin; which we all know is untrue and unconfirmed. Though Charlie Lee already deleted the tweet recently probably realizing what he has done.

Also, the "banning" of ICOs recently also did a significant amount of drop in price.

That's so LOL by Charlie Lee. For a guy who has been in crypto a lot longer than most of us, and a founder of one of the most popular alts at that, he still acts like your average trolling Bitcoiner. I love it! Cheesy

Anyway, maybe Charlie heard some solid info from his brother regarding China's ban?

hase0278

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Quote from: mk4 on September 12, 2017, 11:57:11 PM

Probably because of China possibly banning exchanges soon, and because of the recent Tweet of Charlie Lee (litecoin founder) saying that China finally banned bitcoin; which we all know is untrue and unconfirmed. Though Charlie Lee already deleted the tweet recently probably realizing what he has done.

Also, the "banning" of ICOs recently also did a significant amount of drop in price.

You are right that the banning of ICO's did a significant amount of drop in price and also the possible banning of bitcoin exchanges on China all over the world created this panic and I expect to see FUD lovers like kwukduck showing up posting about bitcoin's doomsday. Either way I see bitcoin going way down more since the dump probably is just getting started. Therefore, I expect to see bitcoin's market being bearish for the rest of this month but I would also like to see the opposite if it were to happen.

mk4

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Paldo.io 🤖

Probably because of China possibly banning exchanges soon, and because of the recent Tweet of Charlie Lee (litecoin founder) saying that China finally banned bitcoin; which we all know is untrue and unconfirmed. Though Charlie Lee already deleted the tweet recently probably realizing what he has done.

Also, the "banning" of ICOs recently also did a significant amount of drop in price.

iamTom123

hero member

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Bitcoin is falling down...falling down...falling down...where is my fair lady? Whoah...Bitcoin is having a carnage right after undergoing some bloodbath for some days last week. This time around it officially entered the area below the $4,000 mark and can get down to as low as $3,500 soon.

I am not really sure what can be the catalysts for this fast dumping but I think it has something to do with the rumor that eventually China will also be banning the operation of Bitcoin exchanges all over the country. As many parts of the world are battered by many natural disasters, Bitcoin is being massacred by bad news emitted by China.

How do you feel about this downturn?

Topic: Bitcoin Is Falling Down? - page 4. (Read 2323 times)