Topic: BTC price is crashed again - page 3. (Read 2822 times)
i think we are in a sensitive situations which is many people still want to hold their bitcoin but in the other side, they can not denied that they are in panic mode to see the price is fallen too deep. but i am believe that bitcoin is strong enough to handle this fallen and will be recover soon. i think its a test for bitcoin to know how strong and how good bitcoin for the people.
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.
I saw the tweet, it seems to be confirmed already:
https://twitter.com/YourBTCC
The good news is, it cannot get worse than that. The news are finally official, at least one of the big Chinese exchanges is down. Then so what? there's nothing beyond that. Sure they can keep banning every single exchange on China, but the damage will eventually be all absorbed by the bitcoin market. We already saw the only exchange on earth back then (MtGox) going bust, we crashed heavily, then we recovered. If we survived that, how can't we survive China banning some markets? we have exchanges all over the world in 2017, so who cares.
China is doing what they think IS RIGHT that can help their country's economy by stopping people from investing on cryptocurrency. Well, good for them! Bitcoin will survive with China or without it. The rest of the world will continue to use bitcoin because it fast, secure, decentralized and low transaction fee. Let china go that will not be the end of the world?
If we look in 3 months Bitcoin chart - https://coinmarketcap.com/currencies/bitcoin/, then we can see that price drop is not so large. So Bitcoin price can stay at the same level or go up again. Do not forget that total bitcoin volume can be only 21 000 000, so most possible Bitcoin price will go up.
Are you guys even listening to yourself? There is no "BTC ban". Dear god, please let it rain some brain.
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.
I saw the tweet, it seems to be confirmed already:
https://twitter.com/YourBTCC
The good news is, it cannot get worse than that. The news are finally official, at least one of the big Chinese exchanges is down. Then so what? there's nothing beyond that. Sure they can keep banning every single exchange on China, but the damage will eventually be all absorbed by the bitcoin market. We already saw the only exchange on earth back then (MtGox) going bust, we crashed heavily, then we recovered. If we survived that, how can't we survive China banning some markets? we have exchanges all over the world in 2017, so who cares.
China has become an overrated factor for the downturn of bitcoin and this should stop because we have other markets to also look to. Anyway, this is the best opportunity for people who are planning to increase their Bitcoin hoard since they can now buy at a cheaper/discounted rate.
Bitcoin is just having a BIG SALE!
Bare in mind that popularity is raising anyhow.. my 2 cents.. recovery won't take that much time... ok, compared to the speed the btc value raised in a few months, maybe It might take a month more or so to reach that same value again.. nevertheless... point out 1 bank that gives that much revenue on your investments and then come back with the same reaction that you would loose money with these kind of investments.. Worst case scenario in my opinion.. by the end of the year we will be back on track 
the only ones that will be crying are the chinese people =)
the only ones that will be crying are the chinese people =) BTC banned = miners are also banned from china means a high amount of mining speed gets removed also?
Yep, They do what they want, but not sure why they did or do they don\t want to develop their country?They even ban the Ip's for connecting or mining. let see what will happen, i think china had a sub forum here, may be check it out to hear from chineese people.
(Cartman voice)
Guys, guys. Look, u guys. Its goin back up! Isnt that kewwwl.
U guys, uguys.Think its gonna shoot back up u guys (he invested a couple thousand in it...)
I thinks its totally gonna shoot back up.
(Kyle puts hand to face)
Guys, guys. Look, u guys. Its goin back up! Isnt that kewwwl.
U guys, uguys.Think its gonna shoot back up u guys (he invested a couple thousand in it...)
I thinks its totally gonna shoot back up.
(Kyle puts hand to face)
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.
dangg, so its the problem that makes bitcoin rate is down and still down right now, i think people do sell their bitcoin because of panic, i hope after they all panic bitcoin raate will rise and foget all about china and something about banned crypto and bitcoin
This time is RIP.
Healing will get loooong time....
Healing will get loooong time....
BTC banned = miners are also banned from china means a high amount of mining speed gets removed also?
before china closes its trade with bitcoin, btc prices are often like this, sometimes up and down sometimes, you do not get too panicked with all this, if you are afraid of loss then you can sell it now, but i am sure it will not be long, because bitcoin supporters are very many,,
China's decision in banning BTC will rock the marketcap for sure, but that does not mean we need to stop believing in crypto coins..."au contrair" we should take this opportunity to unite and take profit from this change.
Price will drop = buyers from other countries will wake up and become interested to invest in crypto currencies... logic reaction = value raise...
If everybody starts to panic sell their coins, then the market will crash majorly... but hey.. if it's up to me the btc value may drop to a few dollars, so I could invest a good amount of money, because a value rise is imminent, either way you look at it
conclusion = don't jump on the panic train and relax... there's no way that crypto currency will get banned worldwide
Price will drop = buyers from other countries will wake up and become interested to invest in crypto currencies... logic reaction = value raise...
If everybody starts to panic sell their coins, then the market will crash majorly... but hey.. if it's up to me the btc value may drop to a few dollars, so I could invest a good amount of money, because a value rise is imminent, either way you look at it
conclusion = don't jump on the panic train and relax... there's no way that crypto currency will get banned worldwide
I think that banning of bitcoin in china affects the price of bitcoin. But i think bitcoin can recover again from that crash, just trust bitcoin. And after that crash in price of bitcoin, it go back again in its higher price.
This crash can be seen as significant if you compare it to the recent market price movement but it's nothing (or nowhere close yet) if you compare it to just 3 months back!
That is definitely catches my breath, reading those negative feedback seems to worry me for a moment at it touches at 3500$ now but your right this dip is normal for what happened about the increased last August it just nothing. I live one day not to make the exchanges for now, hope things will got to go better tomorrow. Thanks to this.
It's time for preparing the crash, this time it's going to be huge, the Bitcoin and alt coin users from china are a lot, so the price going to plunge down deeply, and be prepare to buy back, the China's government decision is only going to hurt the coins a while after that it will begin to heal and the price will going back to normal but the recovery time perhaps going to be longer
Go away with your FUD, chinese asshole.
It's not FUD anymore, it's an inevitability at this point, plan accordingly.
China was one of major countries by volume, lot's of holders and they will cash-out now.
Yes it is. Have you ever, in the over 8 year long history seen BTC not recover from the 1.000.000 FUD attempts? Have you seen BTC not recover from fucking chinese people wanting to "ban" BTC for the 189th time?
No? I thought so. But please fall into the panic and sell. THIS time it MUST be different. As if anything would significantly change if you plan ahead more than 1 week.
India could follow next. They have announced about plans to create a Government controlled coin.
Anyone think other countries will follow suit in banning the exchanges?
It's time for preparing the crash, this time it's going to be huge, the Bitcoin and alt coin users from china are a lot, so the price going to plunge down deeply, and be prepare to buy back, the China's government decision is only going to hurt the coins a while after that it will begin to heal and the price will going back to normal but the recovery time perhaps going to be longer
Go away with your FUD, chinese asshole.
It's not FUD anymore, it's an inevitability at this point, plan accordingly.
China was one of major countries by volume, lot's of holders and they will cash-out now.
It's time for preparing the crash, this time it's going to be huge, the Bitcoin and alt coin users from china are a lot, so the price going to plunge down deeply, and be prepare to buy back, the China's government decision is only going to hurt the coins a while after that it will begin to heal and the price will going back to normal but the recovery time perhaps going to be longer
Go away with your FUD, chinese asshole.
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