BTC is down - page 2. | Bitcointalksearch.org

jerowacik

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Quote from: vickycoin05 on September 15, 2017, 07:50:54 PM

Quote from: JL421 on September 15, 2017, 07:05:57 PM

ya i saw the price chart the price had fallen by really high numbers firstly i couldn't figure what happened but my felow members informed me that it was because china was banning all the exchanges in their country. I do see the price is rising back now i hope this continues for long

I am very confident that we are going to survive the challenges that we're having right and bitcoin will eventually gain it's higher value again. Currently the price is recovering if you will have to check the latest price updates.

there is already a nice thing when looking at bitcoin prices in various exchanges. it seems like bitcoin has begun to forget the impact of the decision in china. other than that the market also responds quite well so now the price of bitcoin slowly began to increase. the volume is increasing and we have to wait until the bitcoin price is back at 5000 $. hopefully .

Baser

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Quote from: Cranidos on September 14, 2017, 10:26:57 AM

Quote from: rajuahmed330 on September 13, 2017, 09:44:25 AM

Bitcoin is down many more. its now 3800 usd. Is the reason for ban bitcoin on china?
how many decrease can be of bitcoin?
it can down more?
anyone can tell thw news

There would be a high possibility that the issue on China was the reason for this downtrend on Bitcoin. We may include some whales that might have triggered a possible crash. Also some weak holders out there that sold their coins because of panic selling. There could be many reasons behind this and, possibly, there could be no bigger reason at all to this. The issue on China may have contributed on the decrease but no one, especially to the elites, made this as a very big deal at all.

China will be back after they made an intensive regulation in their ICO and exchanges.
This China event that bitcoin community experienced, is only the beginning of more similar occasion that will happen again in another country.
Even if the crypto currency in China is banned, it can not greatly affect the currency.

vickycoin05

member

Activity: 532

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Quote from: JL421 on September 15, 2017, 07:05:57 PM

ya i saw the price chart the price had fallen by really high numbers firstly i couldn't figure what happened but my felow members informed me that it was because china was banning all the exchanges in their country. I do see the price is rising back now i hope this continues for long

I am very confident that we are going to survive the challenges that we're having right and bitcoin will eventually gain it's higher value again. Currently the price is recovering if you will have to check the latest price updates.

JL421

hero member

Activity: 812

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ya i saw the price chart the price had fallen by really high numbers firstly i couldn't figure what happened but my felow members informed me that it was because china was banning all the exchanges in their country. I do see the price is rising back now i hope this continues for long

suvo05

sr. member

Activity: 1162

Merit: 260

Quote from: rajuahmed330 on September 13, 2017, 09:44:25 AM

Bitcoin is down many more. its now 3800 usd. Is the reason for ban bitcoin on china?
how many decrease can be of bitcoin?
it can down more?
anyone can tell thw news

>

Yes it downs to hell. Near 3000$ .Don't know what is going to happen next. And looks like it will down more.I am too angry with china they blow up all.

Pasnik

sr. member

Activity: 649

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Quote from: ChronoLite on September 14, 2017, 11:02:25 AM

Quote from: emiedj01 on September 14, 2017, 07:54:06 AM

Yeah, bitcoin is now decresing, maybe you are right, bitcoin is banned in China. And more people are panic right now because of the value of bitcoin they are selling it or cash out.

Let's hope after this event. Bitcoin could increased their price again as everyone still panic sell because China's banned accident. However, in one or two months the situation is going back again.

Yes bitcoin has been decreasing now possible for the panic selling that had happen. I am hoping that this is temporary and peice will recover. Btc will rise again si anyone are happy with it.

ChronoLite

sr. member

Activity: 840

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www.guestcrew.com

Quote from: emiedj01 on September 14, 2017, 07:54:06 AM

Yeah, bitcoin is now decresing, maybe you are right, bitcoin is banned in China. And more people are panic right now because of the value of bitcoin they are selling it or cash out.

Let's hope after this event. Bitcoin could increased their price again as everyone still panic sell because China's banned accident. However, in one or two months the situation is going back again.

iqlimasyadiqa

legendary

Activity: 1596

Merit: 1011

Quote from: Cranidos on September 14, 2017, 10:26:57 AM

Quote from: rajuahmed330 on September 13, 2017, 09:44:25 AM

Bitcoin is down many more. its now 3800 usd. Is the reason for ban bitcoin on china?
how many decrease can be of bitcoin?
it can down more?
anyone can tell thw news

There would be a high possibility that the issue on China was the reason for this downtrend on Bitcoin. We may include some whales that might have triggered a possible crash. Also some weak holders out there that sold their coins because of panic selling. There could be many reasons behind this and, possibly, there could be no bigger reason at all to this. The issue on China may have contributed on the decrease but no one, especially to the elites, made this as a very big deal at all.

the Chinese state becomes the mastermind of the current decline in bitcoin prices. the news about the exchange closing in china on 30 september 2017 makes everyone in china doing bitcoin withdrawal. because if not done then they could lose the bitcoin they have. so this is what makes the whole day a nightmare. bitcoin prices weaken and also out of control.

Cranidos

full member

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Quote from: rajuahmed330 on September 13, 2017, 09:44:25 AM

Bitcoin is down many more. its now 3800 usd. Is the reason for ban bitcoin on china?
how many decrease can be of bitcoin?
it can down more?
anyone can tell thw news

There would be a high possibility that the issue on China was the reason for this downtrend on Bitcoin. We may include some whales that might have triggered a possible crash. Also some weak holders out there that sold their coins because of panic selling. There could be many reasons behind this and, possibly, there could be no bigger reason at all to this. The issue on China may have contributed on the decrease but no one, especially to the elites, made this as a very big deal at all.

emiedj01

newbie

Activity: 41

Merit: 0

Yeah, bitcoin is now decreasing, maybe you are right, bitcoin is banned in China. And more people are panic right now because of the value of bitcoin they are selling it or cash out.

glowing10

full member

Activity: 812

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Quote from: Fida-crypto on September 14, 2017, 01:24:06 AM

Some of person here say the reason of decrease bitcoin is China , so what the future of bitcoin if countries joined to China

One of the reason why bitcoin is falling is due to China banning ICO and Exchange. Another reason is that CEO of JPM has stated that bitcoin is a fraud and its going burst. Thus we can see that may be other couturiers may come in line and the fall of btc price below 3k may be possible now which is a sad news.

gilangIDR

legendary

Activity: 1526

Merit: 1001

I did not expect a bitcoin price reduction to be so fast. After everything went well all this time, this is unexpected because bitcoin prices are well below 4K $. If it all happens because of the decision of china then I will be very upset, even all the people in this world will also think the same. Bitcoin falls and slumps is an adverse event. Including me that keeps a lot of bitcoin. We must take immediate action to avoid further losses.

btcney

hero member

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Quote from: rajuahmed330 on September 13, 2017, 09:44:25 AM

Bitcoin is down many more. its now 3800 usd. Is the reason for ban bitcoin on china?
how many decrease can be of bitcoin?
it can down more?
anyone can tell thw news

It's much more than just China.

Mr. Jamie Dimon has yet again been talking about how crap bitcoin is, and how it has no future(surprise surprise, he said the same thing about bitcoin back when it was dirt cheap at $200.) Somehow people are still taking him seriously.

I think this, plus the rumours from China is what is negatively affecting the price right now. Price could definitely go down more, but i don't think it'll go down to less than $3.5k per coin at the very worst this month. Should see a recovery soon, as well. Potentially to $4.5k+.

hello_good_sir

hero member

Activity: 1008

Merit: 531

Quote from: rajuahmed330 on September 13, 2017, 09:44:25 AM

Bitcoin is down many more. its now 3800 usd. Is the reason for ban bitcoin on china?
how many decrease can be of bitcoin?
it can down more?
anyone can tell thw news

Seems to be quite some support at the $3800 level.

I don't think that we have sustained a price that was any lower than the $3800 level right now. Currently around $3810 on coinmarketcap, and somewhat higher on western exchanges such as bitfinex. But still a lot of sideways movement with no clear direction.

We may see the floor adjust to $3700, but i think that we may see a recovery fairly soon to $4k+. Should be a good time to buy the dip.

Kemarit

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Quote from: hase0278 on September 14, 2017, 02:31:38 AM

Quote from: Fida-crypto on September 14, 2017, 01:24:06 AM

Some of person here say the reason of decrease bitcoin is China , so what the future of bitcoin if countries joined to China

If countries began to join China in their ban, and if it turns out the banning of btc there is true and other countries follow, we will probably see the biggest dump ever we would see in bitcoin history, the dumping from 3800+$ to somewhere between 500-600$ probably but it wont happen right away maybe as some countries like Japan are enjoying the benefits of using bitcoin. I hope they wont join China soon because if that happens, we might see a dump crazier than mt. Gox's period and even crazier than my prediction because there is a probability that price might go way beyond 400$ below if that happens.

I don't think that countries will join China if they are really planning a full scale war against bitcoin. Other nation haven't recognized or embrace bitcoin yet so its gonna be just China against bitcoin. But It looks like that China is not totally banning bitcoin per se, and they are not closing exchanges, they are rather tightening the screws once again. So this panic has no basis, it just articles are spun, put out of context to looks like China is clamping down local exchanges. But it effects is irreversible now, price going down everyday and has settled down around $3800-$3900. When everything is calm and settled down, we may see the price picking up once again and maybe touch $5000 in the next couple of months.

hase0278

hero member

Activity: 882

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Quote from: Fida-crypto on September 14, 2017, 01:24:06 AM

Some of person here say the reason of decrease bitcoin is China , so what the future of bitcoin if countries joined to China

If countries began to join China in their ban, and if it turns out the banning of btc there is true and other countries follow, we will probably see the biggest dump ever we would see in bitcoin history, the dumping from 3800+$ to somewhere between 500-600$ probably but it wont happen right away maybe as some countries like Japan are enjoying the benefits of using bitcoin. I hope they wont join China soon because if that happens, we might see a dump crazier than mt. Gox's period and even crazier than my prediction because there is a probability that price might go way beyond 400$ below if that happens.

Chris314

sr. member

Activity: 672

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Btc is down firstly because of news or rumors from China. Those who speculate then saw the time to sell their btc and take profit of the August rise. They'll buy again for cheaper and the btc will go up again. That's how it works. Not time to sell now imo, I just hold my btc.

Fida-crypto

newbie

Activity: 22

Merit: 0

Some of person here say the reason of decrease bitcoin is China , so what the future of bitcoin if countries joined to China

Rajamuda

sr. member

Activity: 924

Merit: 255

Btc is down, but don't make this is our spirit down to earning profits. I'm sure this decline is only temporary, will not go down and continues to $3000. Btc price will rising again after this, i'm sure it will be.

avp2306

sr. member

Activity: 1022

Merit: 363

Quote from: THErapist on September 13, 2017, 09:33:32 PM

Quote from: eternalgloom on September 13, 2017, 10:01:35 AM

I think it's pretty obvious that the recent news about China is behind the drop in value.
It's actually a great time to buy if we wait out the current events, I could definitely see the price shoot up again in a couple of days.

If it goes even lower than this, I'd be a little bit worried but not too much.

I guess it because about the crowdfunding banned in China, that is why bitcoin's price is affected by this event. A lot of people already sell their bitcoins because of this huge price drop, but I'm just going to hold my bitcoin and wait for the next PUMP to convert some.

That is one of the major reason why we suffered from a big fall right now but hopefully the price of bitcoins will recover if there's another great events will counter it nor the trust of the people will comeback to stake again with bitcoins. But for now we shouldn't get panic since everything is still under control.

Topic: BTC is down - page 2. (Read 2191 times)