Topic: BTC price is crashed again (Read 2822 times)
yes i think bitcoin will go to 4150 usd today I hope it goes up more before the next segwit initiation .
Did it's really will be happened? if from the current price movement that seems trying to continue to lead to the higher, it's impossible if bitcoin price will got crushed, but well it's true also bitcoin price can be suddenly crushed or down is influenced by some things or news. But honestly i still doubt whether this will actually happened.
BTCchina released a notify that it will close all the trade on Sept. 30th. Then BTC price on this platform was down less than CNY18000 hurriedly.
as of today the price of bitcoin is now stable and now slowly getting high again and i think it would be pass again to 4000$ by the end of the month. no matter what the cause or crisis that othe countries had been facing like the ones in china , it cant still affect the value of bitcoin and bitcoin will remain strong.
BTC banned = miners are also banned from china means a high amount of mining speed gets removed also?
Nope...
Some miners may change to other coins but it is a huge damage for all ecosystem. But mining side will go on.
BTC banned = miners are also banned from china means a high amount of mining speed gets removed also?
China didn't banned bitcoin, so the miners is fine, it's just the rules about the usage of bitcoin and so on is more strict that some exchanges are closing their service because of it and it affect so much people in there.the miners will keep mining because it's not a criminal and will stay unpunished, no worry about the mining power too.
China is a country do not want the funds from their country transfer to somewhere, because it means bleeding foreign currency.
Im pretty certain botcoin :p will reach $10.000. After that the price will become more stable. Since $500 swings at that time wont have that much impact. Plus the reach of $10.000 will be the utter milestone imo to reach the mass. Certainly to investors/spectators as indesputable given, including Jamie Dillon.
Bitcoin crash triggered by the news of China government will temporarily cease exchange trade cryptocurrencies by the end of this month. There are few days until September 30th but people already sold their bitcoin, maybe big whales tried to cause panic sell and then they buy back again. That's why bitcoin price could recover to $3690 after touched the bottom line at $2900.
The question is; whether people all over the world will dump bitcoin again or hold it even if Chinese people sell off all of their bitcoin.
The question is; whether people all over the world will dump bitcoin again or hold it even if Chinese people sell off all of their bitcoin.
This fact shows that china has a big influence on the development of bitcoin prices in the crypto market, because with these rumors are able to make the price of bitcoin down dramatically. whereas bitcoin users are scattered in various countries but they seem to panic and do not have the confidence of bitcoin so leave it.
BTCchina released a notify that it will close all the trade on Sept. 30th. Then BTC price on this platform was down less than CNY18000 hurriedly.
Yes, and it has caused quite a panic.
Markets are extremely fragile when growth happens so fast like the previous few months that it was starting to resemble a bubble. The correction was really going to come sooner or later, with or without news from China. Seems like Jamie Dimon's message about bitcoin plus BTCChina shutting down soon has proved too much.
Panic dump has stopped and btc is up 15% from yesterday to $3600. We could potentially go higher, and overshoot $4k this month.
BTC banned = miners are also banned from china means a high amount of mining speed gets removed also?
China didn't banned bitcoin, so the miners is fine, it's just the rules about the usage of bitcoin and so on is more strict that some exchanges are closing their service because of it and it affect so much people in there.the miners will keep mining because it's not a criminal and will stay unpunished, no worry about the mining power too.
Well yeh we have to face this crash that the only thing we can do. There's nothing in our hand. Anyways Chinese are the real main reason. Since they banned bitcoins so the value decreased. Hold it until it go up. I don't think it will increase before 2017. Maybe we should wait till the end of year or maybe start of 2018 when bitcoin will start rising again above 5000$.
It's just the beginning if we can survive this China's banning their ICO and exchanges is nothing because the real deal is in the market. The price will gonna get back again and this is just normal when bitcoin is in dip, all you have to do is just wait or hodl if you had invested some of your money on it. There's nothing wrong if you wait, the only mistakes is that if you panic selling and you lose your soon to be a profit. 
This happens again at bitcoin with prices falling again in the number $3700, the original price of the bitcoin is definitively makes the users of bitcoin became rich suddenly on some days ago with the price of the bitcoin then on numbers $4800 then increasingly day by day is dratis then this makes all panicked after seeing the price of bitcoin fall. I hope the prices will continue to rise and bitcoin menurus rise heading into the month and will not be decreased again
Well yeh we have to face this crash that the only thing we can do. There's nothing in our hand. Anyways Chinese are the real main reason. Since they banned bitcoins so the value decreased. Hold it until it go up. I don't think it will increase before 2017. Maybe we should wait till the end of year or maybe start of 2018 when bitcoin will start rising again above 5000$.
BTCchina released a notify that it will close all the trade on Sept. 30th. Then BTC price on this platform was down less than CNY18000 hurriedly.
Currently on coinmarketcap, price is around $3000. Sometimes less and sometimes over.
Anyways, there seems to be a floor at $3000. I personally think that the current dump is strong enough to break that floor and cause a lot of panic when the price goes down to in the $2xxx levels, and triggering more long squeezes.
Great time to buy at anything below $2000 if the price drops that much(which i think it will due to panic dumpers).
BTCchina released a notify that it will close all the trade on Sept. 30th. Then BTC price on this platform was down less than CNY18000 hurriedly.
Let's compare bitcoin value from 15 June, 15 july,15 Aug,and 15 Sept
You can see bitcoin are : $ 2,560++ (up) , $ 2,045++ (down) , $ 4500++(up) , $ 3063 ++(down)
Well it's predicted that this will happen and let's see for 15 Oct , $ 5000 so just hold your coin and don't be panic
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china has a big influence and was one of major countries by volume on bitcoin but, they are not the only ones that have bitcoin exchange. if China will close their exchanges, then other exchanges will emerge
that is right, we can still trading bitcoin, buying and selling bitcoin in other places and i am sure that bitcoin will recover. but i admitted that with bad news from china, makes the price is down to deep and we can see the price is reach $3xxx. i think we still have opportunity to save our bitcoin and make money from other market.
china has a big influence and was one of major countries by volume on bitcoin but, they are not the only ones that have bitcoin exchange. if China will close their exchanges, then other exchanges will emerge
bitcoin price really affects much by china. china will going to suspend all trading on september 30. that's one of the reason why bitcoin price suddenly keep crashing till now because they're on panic selling . i think it will took a long time till bitcoin price reach the moon again. but thanks to china. other signature campaign won't closed (hoping) because they can now afford bitcoins again.
I hope bitcoin price will increase again . Because as of now the price of bitcoin decreased and its now 3400 dollars . If you want to buy bitcoin you can buy now and for sure you will earn profit after few weeks. I hope also china we stop all the issue if they want to ban all trade go . For sure after that theres no doubt about bitcoin so the price of bitcoin will increase again because many peoplr buy again bitcoin.
Yup everything is being dumped like anything. That feels good actually as we can earn big profits now by buying at low rates. The only thing that is concerned about is how much low the price is going to be. It has to stop somewhere so that we can start putting money at that point for better margins and profits. ;-)
I might be looking crazy at this time saying bitcoin price is being dropping and we should be happy about it but it is really the good thing. What I have learnt from the past is we should be investing now and get profits.
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