Topic: Bitcoin will rise up or fall down? - page 24. (Read 11324 times)

I think The prices will continue to decline for the next two months.
and again it will rise at the end of December.

Btc does not banned in china maybe you get wrong information. The change in value of bitcoin was normal. There are times that its increase and there are times that its decrease and that is not because of china. Right now its going down but I think soon it will pump again. Just wait for it thats one characterisic of bitcoin. I think its possible for the bitcoin price to go back to $2000.

This is what I think of bitcoin price will recover though it down little. It has been volatile daily so I believe it will rise up again. And I agree I think it will reach to $5000 soon so Im into hodling btc.

I think that bitcoin will grow in price, maybe not right away, but after a while, for sure.

I hope not. Maybe $3600 is enough or a little bit more. $2000 is is too much I think. But well, we never know what will happen next but it hope it will find support on $3000 - $3500. The China banning issue is still not clear to some.

It was ICO that was ban in China and not bitcoin. Up and down trend of bitcoin is a normal situation, because bitcoin is currency and a store of value that react to fundamental issues like what happen in China and the rumour around it.  

Bitcoin most down at this week . It rises soon . After 1 month I think bitcoin will cross 5K $ .

I think China did not ban Bitcoin they banned ICO's. But it will not affect on bitcoins it will affect on other altcoins. Why now Bitcoin is going down I seriously don't the reason, one thing I can say that it will again gain back within few days. May be what you said it's right because panic sellers the Bitcoin price is going down.

China did not ban Bitcoin.

I think the price will go down in the next days because the Bitcoin euphoria recedes a little bit. But I find it hard to imagine that the price will drop to 2000$ within the next couple of weeks.

I am totally agree with you mate, the current bitcoin price falls just because many Bitcoiner are doing Panic Sell due to the issue of bitcoin bans in China and I also never doubt that bitcoin prices will soon rise again

China didn't banned bitcoin but instead banned ICO.
As for if bitcoin will rise, surely it will rise for sure.

Just a look the btc goes under 4000$ and those Chinese exchangers is downing the BTC.
2   OKCoin.cn   BTC/CNY   $84,015,500   $3661.08   5.39%   Recently
3   BTCC   BTC/CNY   $79,005,300   $3651.30   5.07%   Recently
4   Huobi   BTC/CNY   $74,730,500   $3688.08   4.80%   Recently

A china estar se preparando para lançar sua própria moeda a LCFHC agora em Setembro, a proibição de negociar com outra moeda digital no caso o Bitcoin, é um plano estratégico da China. o Bitcoin sempre será a locomotiva das moedas digitais. não vai ser a LCFHC que vai baixar a cotação do Bitcoin não.

Bitcoin's price depends on the supply and demand. Its' price is going down because of other bitcoiners that are selling their bitcoins either when the price reaches a high exchange or they are just afraid of it may suddenly go really low. But soon enough, it's price will go high again because of the ones that will buy bitcoin, and it will really not fall down for real.

No, China will never ban bitcoin since they are the major contributor of bitcoin in the world and If they were to ban bitcoin, It will not only disrupt the world's economy but also their economy so I don't that think they will choose a move which will cause a great turbulent and will greatly affect their economy.

- Yeah, the bad news will make the price of Bitcoin declined dramatically, especially the Chinese news banned bitcoin, this is the country that owns large amounts of bitcoin, the impact on the market is also great. However, in my personal opinion, I think this is a trap of the whales, whales here may be the Chinese miners, they are creating fake news making the price of Bitcoin fell then buy at cheap prices, finally pumping strong and make a lot of profits, so I believe the bitcoin will rise again soon

It is completely normal. that the BTC price reacts to news and is therefore currently very volatile. More and more people are trading with BTC, they also buy and sell goods. Thus, actual values are behind the BTC. This is the reason why the price will continue to rise. Then more investors will go in and that is important, because then the course goes upwards.

Yes, I think it will absolutely rise or fall. As for which, that's tougher. I'm not selling my held BTC, but I'm also not buying more yet, personally. I think bitcoin has more potential and will recover from this in the long-term, but short-term the enthusiasm is gone and we're into a bearish/sideways market for a while. We already were a few weeks ago, in fact - there was a short-lived spike up to $5k a few days after the indicators started showing the first signs, but that didn't last long and now we're seeing the correction. Of course, as I said I'm not confident enough of this to sell my held BTC, just not buying any more to hold through the recovery since I think the bear market isn't even through yet. A lot of this probably depends on whether the news of China's crypto exchange ban is real or not; as with any news they don't like, many people think it's fake news and is just a conspiracy to crash the prices so that Chinese bitcoin farms and government-subsidized businesses could sell before the news and buy after the crash. Who knows, maybe this time it actually is fake news, though most of the calls of that I've been hearing lately are coming more from politicians trying desperately to cover their asses by explaining to their idiot followers that everyone else is just lying because they're secretly out to get them.

China will not prohibit bitcompet, if it happens it will collapse into the abyss) most of the miners from China) will not be mined bitcount the rate will drop to 0.00001 $

Well if china would ban bitcoin, certainly it would badly affect the market and cause its price to slump. That being said, we have opened new doors for investing to another country and at the same time eliminated a major influence that makes bitcoin somehow centralized. And time will come bitcoin would be stabler and would have a higher price.
On another note, many miners would benefit from this since miners from china wouldn't have any use for those rigs anymore, they would probably sell those for a cheaper price thus distributing the hash power more evenly.