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Topic: Can bitcoin reach $5000 again without China ? - page 4. (Read 2066 times)

sr. member
Activity: 1624
Merit: 267
September 17, 2017, 02:56:22 AM
#14
Even china ban bitcoin exchange to their country. For sure it will reach 5k dollars without the help of china because many country until today support and believe in bitcoin.  If you want to see bitcoin price reach again 5k dollars you can buy bitcoin at your first . Let show to china even withour their help we can reach 5k dollars any amount that we want to reach. Because they have unity.
legendary
Activity: 3248
Merit: 1179
September 17, 2017, 02:19:28 AM
#13
Yes it can, but why without China? After some bad news and couple closed exchangers you are talking about China like they are out of the game but that can't be truth. Do anyone here knows how many miner's come from China? What will they do with mining rigs? After so many years in bitcoin making money they will just quit like that?
We need to see the end of this campaign against bitcoin and crypto currencies, I think Chinese government steps and some JP Morgan CEOs can try to stop bitcoin but that will not happen, they will fail once again and people of China will find a way to continue with earning and supporting bitcoin.
newbie
Activity: 3
Merit: 0
September 17, 2017, 02:04:32 AM
#12
I think China is not the biggest problem. I believe China is invested too heavily to go for a complete/absolute ban. I'm more concerned about the people who make sure the $ doesn't get devalued -- their media reach still does magic.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
September 17, 2017, 02:03:16 AM
#11
After the fall due to china ban , Bitcoin has dropped on short term basis .
China never banned bitcoin. it never even banned anything else remotely related to bitcoin!
and bitcoin price drop was not at all because of China and what they did. it was because of the FUD and panic that was spread in disguise of China news.

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Can it reach up to $5000 again without China ?
sure it can. the FUD can not last forever and the idiot weak hands have limited amount to panic sell. they will be flushed out of the market and then everyone else remaining will take advantage of the low price only. by that time it will be a competition over who can buy cheaper and faster before it is too late.
newbie
Activity: 88
Merit: 0
September 17, 2017, 01:56:23 AM
#10
Well no doubt it will reach there but I hope not just yet. Let it fall badly so some stop losses can hit and latecomers can get some advantage.
sr. member
Activity: 546
Merit: 261
September 17, 2017, 01:55:22 AM
#9
Yes it will reach 5k and even higher,but not as fast as you think,maybe it will come in the end of the year or early 2018
Just buy the dip now if you want to make profit later
full member
Activity: 494
Merit: 120
In BTC we trust!
September 17, 2017, 01:53:11 AM
#8
Of course yes! It will a bit slower but of course it will go up. Everything is ok due to elliot theory. So buy low and wait a bit
hero member
Activity: 900
Merit: 500
September 17, 2017, 01:49:21 AM
#7
Of course, I can. bitcoin now has a strong foundation in the form of a large community and investors (apart from China). so I guess bitcoin can still get a price of $ 5000 or even $ 6000 when the situation is stable.
full member
Activity: 406
Merit: 102
September 17, 2017, 01:46:46 AM
#6
Why depend only on China ? The only thing needed to achieve higher prices is to adapt the use of bitcoins more in the community. Exchanges through selling ang purchasing bitcoin will increase demand and decrease supply making it worth more and increase more through the continuous process.
China is not the only population needed, there are other countries too.
full member
Activity: 378
Merit: 101
September 17, 2017, 01:27:58 AM
#5
yes it is very likely to happen,
although without china, bitcoin prices can still soar,
china does have a big effect In bitcoin,
but it does not make weak bitcoin without china,
full member
Activity: 322
Merit: 179
September 17, 2017, 01:27:08 AM
#4
IMO, BTC can reach $5000 again with or without China banning the exchanges.

As you can see, the chinese are finding all sorts of ways to trade BTC. The latest i heard of is trading OTC over telegram.

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member
Activity: 145
Merit: 10
September 17, 2017, 01:16:42 AM
#3
After the fall due to china ban , Bitcoin has dropped on short term basis .
Can it reach up to $5000 again without China ?

probably right now no, it can't. because most of the operating miners are china based, most of the big whale for trade are also based there.
So in a short term I think we can't see this value again, let's see difficult or hash power on btc wisdom: is pretty clear mining operations have get a sort of ALT in these days.
sr. member
Activity: 387
Merit: 250
September 17, 2017, 01:15:47 AM
#2
Yes and it will. Why should it not?
newbie
Activity: 28
Merit: 0
September 17, 2017, 01:14:30 AM
#1
After the fall due to china ban , Bitcoin has dropped on short term basis .
Can it reach up to $5000 again without China ?
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