Topic: BTC is down - page 3. (Read 2191 times)
i think this is because ico's been banned in china. and also there's a lot of people who actually panic selling because bitcoin keep decreasing the price . and they will regret it later when bitcoin price pump again. i don't sell on alow price i sell on a high price and then buy bitcoin on a low price. don't panic selling because bitcoin will definitely go bubble again.
The ongoing price fluctuations is purely uncontrolled and none has found the reality behind the ongoing drop. The price probably increases soon when certain drop point is reached. This will make the price start pump once again and cross the long expected price barrier of $5000.
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
how many decrease can be of bitcoin?
it can down more?
anyone can tell thw news
Well this seems like the price is still floating around the $3.8k mark.
I'm not sure what is the main reason behind this, since none of the exchanges are shut down in China still(i could be wrong but didn't hear any news whatsoever). IMO it's just people panicking over the situation, causing a panic dump.
The price could potentially go down to $3.5k or even less this month but should recover to $4k+.
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.
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.
The reason why people in china have so much bitcoin is because they hate their own currency and how its controlled. If I lived in china, and government shut down the exchanges it would make me want bitcoin even more than ever because its actually hurt the government enough for them to bring in regulation or bans. It also makes it a rarer commodity since you wouldn't be able to get it very easily in china.
I suppose the panic here though is if china are banning it, then where will ban it next? It would be a massive shame for bitcoin to be shutdown by the very establishment that it was created to defend against. The thing thats cool is, at least we have their attention now
As for me, I wont selling any of my bitcoin!
I suppose the panic here though is if china are banning it, then where will ban it next? It would be a massive shame for bitcoin to be shutdown by the very establishment that it was created to defend against. The thing thats cool is, at least we have their attention now
As for me, I wont selling any of my bitcoin!
The problem with that is, say you were Chinese and had bitcoin. You now can't trade it on Chinese exchanges for yuan, once they have been closed in three months time. And thanks to the Great Firewall you can't access the western exchanges and sell for dollars (and in any case can't open a western bank account to pay those dollars into). And you are scared that your govt will prosecute anyone caught with bitcoin.
You have two choices - sell now while you can (and the price on the chinese exchanges is lower than on the western exchanges, indicating this is what people are doing). Choice #2 is to hold and take a trip to Macau and sell the bitcoins in person to someone from local bitcoins, to cash out later. Most seem to be doing the former.
what if.... there are tons of chinese shops here, like 4-5 for every average town and they're once a year going to China and I've seen them video chatting with their family or friends. So, can we maybe use them to get to other people that might hold bitcoin, to use them as a wallet transport and us here as an exchange? i mean, they can surely send a wallet address like that with no problem.
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
up and down is fair thing in bitcoin...dont be panic for this situation because decrease or down bitcoin its good way to buying bitcoin now and tomorrow will be up again how many decrease can be of bitcoin?
it can down more?
anyone can tell thw news
The downward spiral started with the Chinese banning ICO's. Then some people saw this statement pushed Bitcoin's
price down, so they fabricated some FUD to push it down even further. {They said, Bitcoin is banned in China} ...So as
usual people just ran with this story and we see massive "panic" dumps. People are handing cheap coins to people who
used their fear tactics to manipulate others to sell.
price down, so they fabricated some FUD to push it down even further. {They said, Bitcoin is banned in China} ...So as
usual people just ran with this story and we see massive "panic" dumps. People are handing cheap coins to people who
used their fear tactics to manipulate others to sell.
The problem with that is, say you were Chinese and had bitcoin. You now can't trade it on Chinese exchanges for yuan, once they have been closed in three months time. And thanks to the Great Firewall you can't access the western exchanges and sell for dollars (and in any case can't open a western bank account to pay those dollars into). And you are scared that your govt will prosecute anyone caught with bitcoin.
You have two choices - sell now while you can (and the price on the chinese exchanges is lower than on the western exchanges, indicating this is what people are doing). Choice #2 is to hold and take a trip to Macau and sell the bitcoins in person to someone from local bitcoins, to cash out later. Most seem to be doing the former.
You have two choices - sell now while you can (and the price on the chinese exchanges is lower than on the western exchanges, indicating this is what people are doing). Choice #2 is to hold and take a trip to Macau and sell the bitcoins in person to someone from local bitcoins, to cash out later. Most seem to be doing the former.
Except there is no confirmation that the chinese government have banned it, there's only rumours. The chinese are right to panic, tough, as they live in a dictatorship.
The problem with that is, say you were Chinese and had bitcoin. You now can't trade it on Chinese exchanges for yuan, once they have been closed in three months time. And thanks to the Great Firewall you can't access the western exchanges and sell for dollars (and in any case can't open a western bank account to pay those dollars into). And you are scared that your govt will prosecute anyone caught with bitcoin.
You have two choices - sell now while you can (and the price on the chinese exchanges is lower than on the western exchanges, indicating this is what people are doing). Choice #2 is to hold and take a trip to Macau and sell the bitcoins in person to someone from local bitcoins, to cash out later. Most seem to be doing the former.
You have two choices - sell now while you can (and the price on the chinese exchanges is lower than on the western exchanges, indicating this is what people are doing). Choice #2 is to hold and take a trip to Macau and sell the bitcoins in person to someone from local bitcoins, to cash out later. Most seem to be doing the former.
Except there is no confirmation that the chinese government have banned it, there's only rumours. The chinese are right to panic, tough, as they live in a dictatorship.
The problem with that is, say you were Chinese and had bitcoin. You now can't trade it on Chinese exchanges for yuan, once they have been closed in three months time. And thanks to the Great Firewall you can't access the western exchanges and sell for dollars (and in any case can't open a western bank account to pay those dollars into). And you are scared that your govt will prosecute anyone caught with bitcoin.
You have two choices - sell now while you can (and the price on the chinese exchanges is lower than on the western exchanges, indicating this is what people are doing). Choice #2 is to hold and take a trip to Macau and sell the bitcoins in person to someone from local bitcoins, to cash out later. Most seem to be doing the former.
You have two choices - sell now while you can (and the price on the chinese exchanges is lower than on the western exchanges, indicating this is what people are doing). Choice #2 is to hold and take a trip to Macau and sell the bitcoins in person to someone from local bitcoins, to cash out later. Most seem to be doing the former.
Except there is no confirmation that the chinese government have banned it, there's only rumours. The chinese are right to panic, tough, as they live in a dictatorship.
The reason why people in china have so much bitcoin is because they hate their own currency and how its controlled. If I lived in china, and government shut down the exchanges it would make me want bitcoin even more than ever because its actually hurt the government enough for them to bring in regulation or bans. It also makes it a rarer commodity since you wouldn't be able to get it very easily in china.
I suppose the panic here though is if china are banning it, then where will ban it next? It would be a massive shame for bitcoin to be shutdown by the very establishment that it was created to defend against. The thing thats cool is, at least we have their attention now
As for me, I wont selling any of my bitcoin!
I suppose the panic here though is if china are banning it, then where will ban it next? It would be a massive shame for bitcoin to be shutdown by the very establishment that it was created to defend against. The thing thats cool is, at least we have their attention now
As for me, I wont selling any of my bitcoin!
The problem with that is, say you were Chinese and had bitcoin. You now can't trade it on Chinese exchanges for yuan, once they have been closed in three months time. And thanks to the Great Firewall you can't access the western exchanges and sell for dollars (and in any case can't open a western bank account to pay those dollars into). And you are scared that your govt will prosecute anyone caught with bitcoin.
You have two choices - sell now while you can (and the price on the chinese exchanges is lower than on the western exchanges, indicating this is what people are doing). Choice #2 is to hold and take a trip to Macau and sell the bitcoins in person to someone from local bitcoins, to cash out later. Most seem to be doing the former.
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
i think nothing to worried, because that bad news will gone by time. this is good chance to buy bitcoin with cheap price and take your profit will bitcoin increase high price how many decrease can be of bitcoin?
it can down more?
anyone can tell thw news
In some way via ban in China, in some way for sharp sales.
BUY , BUY, BUY BTC!!
First, the Chinese news about the ICO ban. Then, today plus there is a Cyber war news between South Korea and North Korea that caused many people was was to buy Bitcoin. Alias of buying demand in Korea is decreasing. The price is now 3800 I think is very deep. This is the power of a news to Bitcoin.
The reason why people in china have so much bitcoin is because they hate their own currency and how its controlled. If I lived in china, and government shut down the exchanges it would make me want bitcoin even more than ever because its actually hurt the government enough for them to bring in regulation or bans. It also makes it a rarer commodity since you wouldn't be able to get it very easily in china.
I suppose the panic here though is if china are banning it, then where will ban it next? It would be a massive shame for bitcoin to be shutdown by the very establishment that it was created to defend against. The thing thats cool is, at least we have their attention now
As for me, I wont selling any of my bitcoin!
I suppose the panic here though is if china are banning it, then where will ban it next? It would be a massive shame for bitcoin to be shutdown by the very establishment that it was created to defend against. The thing thats cool is, at least we have their attention now
As for me, I wont selling any of my bitcoin!
Cause of FUD news and panic sell the whole market is bleeding even green coin will turn red soon. So hold your Bitcoin very tight and btc only don't sell, it will be back very soon.
Bitcoin “is a fraud” and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co, said on Tuesday. Even though he was challenged with Edward Tilly, chairman and CEO of exchange group CBOE Holdings Inc. Dimon's weight is obvious and apparently leveraged to drop some coins.
Yes, that's because of the china plan to stop the exchangers. And if it continues to make sure that a big fall will occur. And I think it will return at $ 3,000 per price. And slowly recover. Hopefully it will stop because many people are really panic selling now because they do not want to drop even more bitcoins. But in reality they are actually doing something that's why it's falling further. And that's what's called a lack of knowledge about bitcoins ,.
i was thinking to sell but then i realized this correction was expected. so there is nothing to panic. but i hope it won't continue because of news.
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