China Is making Fuds Since 2017, But BTC Always Gone higher

jossiel

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There are already a lot of countries that try to ban crypto but no one succeed, bitcoin still keeps on going stronger and stronger.

And that will be the same for China if they repeat it.

Bitcoin will continue to thrive despite their massive ban on it and they're unlikely to stop until they take many bitcoins in the world.

Just like the typical economists that are saying FUD to bitcoin for them to accumulate at a cheap price.

wxa7115

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Quote from: hodlvalley on October 04, 2021, 05:47:44 AM

A protocol like Bitcoin can never be banned. It was created by the people for the people and is beautifully immutable.

You are close but you are not exactly right, bitcoin can in fact be banned and the ban could become even worldwide if all the governments of the world agreed to it.

However there is a big difference between banning something in the law and actually enforcing such ban, enforcing the ban on bitcoin will simply be impossible, satoshi thought about this from the beginning and this is why bitcoin is decentralized, there is not a centralized point of failure governments can use to kill bitcoin, and without that governments will have a lot of problems if they try to ban or regulate bitcoin.

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Quote from: Twinkledoe on October 09, 2021, 12:58:30 PM

Quote from: freedomgo on October 08, 2021, 02:07:35 PM

Quote from: jaberwock on October 08, 2021, 04:38:30 AM

Quote from: freedomgo on October 07, 2021, 02:07:56 AM

As we can see, the FUD was just short live, the market now has recovered and starts to be bullish again. Bitcoin is trading at $54 at the moment, but when the FUD happened, bitcoin dump as low as $40k, so with the current price now, you can tell how fast bitcoin has bounced back and I have a feeling that the uptrend will continue until the end of the year.

People who ended up selling because they got afraid are the ones I am most upset about. They lost all the profits they could have made if they just waited a bit more. I am still glad that I bought more when it dropped because I knew that even if it dropped even more then I would buy more because I always knew that one day or another the price would have been 50k+. Maybe it would have been quickly like this, or maybe it would have been 30k and then be 50k+ in 2022 but it would be eventually so I knew that I was doing the right thing.

The most horrible part out of all this is the fact that we have forgotten how we could have just simply wait, and most people overreacted the moment it dropped. Now we are at 54k+ and that is a good place to start a big jump, from here we could go towards ATH price and even break that which would mean even higher prices.

They are quick to decide, so now they are buying again, maybe they will learn in the long run that FUD usually creates an opportunity for the smart investors and it was the weak hands who make it happen. More FUD means more opportunity for us, so let's keep that going to make this market move volatile and the smart ones will make short-term profit easy.

Sometimes people panic when they see the market falling, but they forgot to look at the big picture. Now, we have seen that China has no major influence in this market. Thought they caused a lil bit of commotion in the market but as others have said already, it was only short-lived. This is really interesting because I have the feeling that in the near future, China will change their perspective towards bitcoin or crypto and will start accepting again in their system.

Don't expect for those things to happen whether they would revert their decision or would totally go opposite and would never come back and would totally ban out crypto or bitcoin literally

but well it doesn't really matter much even though it is sad that a big country like China would really make out such decision but well the world isn't only rotating for single country.

We could still move in terms of adoption and price movement that's why its better not to stress out yourself in regards to this.

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Quote from: freedomgo on October 08, 2021, 02:07:35 PM

Quote from: jaberwock on October 08, 2021, 04:38:30 AM

Quote from: freedomgo on October 07, 2021, 02:07:56 AM

As we can see, the FUD was just short live, the market now has recovered and starts to be bullish again. Bitcoin is trading at $54 at the moment, but when the FUD happened, bitcoin dump as low as $40k, so with the current price now, you can tell how fast bitcoin has bounced back and I have a feeling that the uptrend will continue until the end of the year.

People who ended up selling because they got afraid are the ones I am most upset about. They lost all the profits they could have made if they just waited a bit more. I am still glad that I bought more when it dropped because I knew that even if it dropped even more then I would buy more because I always knew that one day or another the price would have been 50k+. Maybe it would have been quickly like this, or maybe it would have been 30k and then be 50k+ in 2022 but it would be eventually so I knew that I was doing the right thing.

The most horrible part out of all this is the fact that we have forgotten how we could have just simply wait, and most people overreacted the moment it dropped. Now we are at 54k+ and that is a good place to start a big jump, from here we could go towards ATH price and even break that which would mean even higher prices.

They are quick to decide, so now they are buying again, maybe they will learn in the long run that FUD usually creates an opportunity for the smart investors and it was the weak hands who make it happen. More FUD means more opportunity for us, so let's keep that going to make this market move volatile and the smart ones will make short-term profit easy.

Sometimes people panic when they see the market falling, but they forgot to look at the big picture. Now, we have seen that China has no major influence in this market. Thought they caused a lil bit of commotion in the market but as others have said already, it was only short-lived. This is really interesting because I have the feeling that in the near future, China will change their perspective towards bitcoin or crypto and will start accepting again in their system.

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Quote from: jaberwock on October 08, 2021, 04:38:30 AM

Quote from: freedomgo on October 07, 2021, 02:07:56 AM

As we can see, the FUD was just short live, the market now has recovered and starts to be bullish again. Bitcoin is trading at $54 at the moment, but when the FUD happened, bitcoin dump as low as $40k, so with the current price now, you can tell how fast bitcoin has bounced back and I have a feeling that the uptrend will continue until the end of the year.

People who ended up selling because they got afraid are the ones I am most upset about. They lost all the profits they could have made if they just waited a bit more. I am still glad that I bought more when it dropped because I knew that even if it dropped even more then I would buy more because I always knew that one day or another the price would have been 50k+. Maybe it would have been quickly like this, or maybe it would have been 30k and then be 50k+ in 2022 but it would be eventually so I knew that I was doing the right thing.

The most horrible part out of all this is the fact that we have forgotten how we could have just simply wait, and most people overreacted the moment it dropped. Now we are at 54k+ and that is a good place to start a big jump, from here we could go towards ATH price and even break that which would mean even higher prices.

They are quick to decide, so now they are buying again, maybe they will learn in the long run that FUD usually creates an opportunity for the smart investors and it was the weak hands who make it happen. More FUD means more opportunity for us, so let's keep that going to make this market move volatile and the smart ones will make short-term profit easy.

jaberwock

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Quote from: freedomgo on October 07, 2021, 02:07:56 AM

As we can see, the FUD was just short live, the market now has recovered and starts to be bullish again. Bitcoin is trading at $54 at the moment, but when the FUD happened, bitcoin dump as low as $40k, so with the current price now, you can tell how fast bitcoin has bounced back and I have a feeling that the uptrend will continue until the end of the year.

People who ended up selling because they got afraid are the ones I am most upset about. They lost all the profits they could have made if they just waited a bit more. I am still glad that I bought more when it dropped because I knew that even if it dropped even more then I would buy more because I always knew that one day or another the price would have been 50k+. Maybe it would have been quickly like this, or maybe it would have been 30k and then be 50k+ in 2022 but it would be eventually so I knew that I was doing the right thing.

The most horrible part out of all this is the fact that we have forgotten how we could have just simply wait, and most people overreacted the moment it dropped. Now we are at 54k+ and that is a good place to start a big jump, from here we could go towards ATH price and even break that which would mean even higher prices.

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Quote from: breathlessz on October 06, 2021, 11:30:25 PM

Quote from: Rasa nanas on October 06, 2021, 06:06:43 PM

no matter how strong the FUD from china will not be able to destroy the crypto market, the crypto market will rise again and again. few days ago FUD from china almost made the bitcoin price touch $40k, but the market recovered quickly and even after that the bitcoin price was able to break through the $50k. so when the bitcoin price goes down due to FUD all you have to do is buy so you also get a cheaper price and get a bigger return.

China always makes controversial statements about cryptocurrencies, and we believe their power can move the bitcoin market in particular, but we also have to pay attention that it doesn't last long, until the market finally recovers. indeed the best thing is to buy while there is a chance

As we can see, the FUD was just short live, the market now has recovered and starts to be bullish again. Bitcoin is trading at $54 at the moment, but when the FUD happened, bitcoin dump as low as $40k, so with the current price now, you can tell how fast bitcoin has bounced back and I have a feeling that the uptrend will continue until the end of the year.

breathlessz

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Quote from: Rasa nanas on October 06, 2021, 06:06:43 PM

no matter how strong the FUD from china will not be able to destroy the crypto market, the crypto market will rise again and again. few days ago FUD from china almost made the bitcoin price touch $40k, but the market recovered quickly and even after that the bitcoin price was able to break through the $50k. so when the bitcoin price goes down due to FUD all you have to do is buy so you also get a cheaper price and get a bigger return.

China always makes controversial statements about cryptocurrencies, and we believe their power can move the bitcoin market in particular, but we also have to pay attention that it doesn't last long, until the market finally recovers. indeed the best thing is to buy while there is a chance

Rasa nanas

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no matter how strong the FUD from china will not be able to destroy the crypto market, the crypto market will rise again and again. few days ago FUD from china almost made the bitcoin price touch $40k, but the market recovered quickly and even after that the bitcoin price was able to break through the $50k. so when the bitcoin price goes down due to FUD all you have to do is buy so you also get a cheaper price and get a bigger return.

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Quote from: Botnake on October 04, 2021, 03:31:40 AM

Quote from: jaysabi on October 03, 2021, 10:18:45 PM

Quote from: LUCKMCFLY on October 03, 2021, 10:05:01 PM

Quote from: Rengga Jati on September 30, 2021, 05:31:23 PM

China is a big country in this world. This influence on crypto is actually very high, They always spread FUD every time the price is coming to rise up in order to make any drop. But we don't know the right reasons behind it, whether they really want the price drop because they dislike crypto, or they want to control Bitcoin, make the price dip, and then get many more Bitcoin to prepare before the next pump.

We also actually realize that with or without those FUDs, Bitcoin price will always skyrocket moreover if the cycle of halving has been finished and the price will commonly create new ATH. But on the other side, we may not underestimate what China can do, although it may only influence for a certain short time, it exactly will give a big impact at that time.

One of the things why I like the China FUD is because the price of BTC will go up, it always is, when there was the problem with the miners leaving China, the price took a nice bullish turn, when China does a movement against BTC, other countries take advantage of it. It is strange that a country like China that is so big does not accept BTC technology, nor its alternative economy, sometimes I think that the big whales of BTC reside in China, because when looking at the market from the speculative point of view of the market, when They start their FUD, the market goes down, but from one moment to another the market has a big bullish rally.

China doesn't care about their citizens having freedom, not in politics, not in economics, and not in any other aspect of their society. China honestly isn't losing any type of opportunity because the benefits of bitcoin don't offer any type of benefit to the ccp. People need to get over the china thing already. Bitcoin and china are incompatible. It doesn't matter to bitcoin if china bans it, and it doesn't matter to china if they don't have bitcoin.

I think bitcoin will go up even higher if there is no China around. After all, what they always keep doing is just making fuds that will definitely influenced the crypto market which will create panic to all newbies. But i've seen a big difference now. The crypto market is not dependent anymore into China as more big countries are now adopting bitcoin and even potential altcoins. It made sense now why bitcoin has not made a huge drop pf price when this China banning hits the market. So it will be a better scenario if China will not be a part of crypto anymore.

I do not know if every country that is socialist or communist in nature is like that with its people, actually countries that have that type of leadership tend to think only of the government but not of their people, China has a great development in every sense, in Regarding wealth, I see that they always seek wealth, what happens is that when they see it open to Financial Freedom for others and that it is not their exclusive group, they don't like it out there.

I think that the profits of BTC are not only through mining, there is trading, and I believe that trading cannot be prohibited, as much as it is, China cannot limit the internet to people.

FulxilCoris

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There is no doubt that we can see that the crypto market suffers due to the falling cryptocurrency prices. But not everything is negative because if we have a chance to buy some of them at a discount, so to speak, this is our chance. Why we should panic sell but buy cheap coins instead, don't be afraid to be greedy when others are scared that's our investor maxim
I believe Despite China's FUD, bitcoin is absolute and will not lose and the market price will gradually recover as before.

stomachgrowls

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Quote from: ultrloa on October 04, 2021, 06:20:49 PM

This is the indicator that people are already used to it that's why we don't see any huge movement happened from the current fuds hit up on the ecosystem and this is so good since for sure on next fuds will came people can defy and look at it as buying opportunity to them. Let see if this bullish season will continue since for sure many monitoring if we can see the $100,000 price to be reach if this will happen this year.

After all the years then we do get used to it and this is something proves out that the community isnt really that too afraid of on whatever situations like this would happen in the future that could really

affect the entire market.FUDs are common but doesnt mean or automatically tells that there would be a price crash because basing off on what happened on last months then you could say

that it could still always make out movement on random basis which means nothing cant really be assured but at least we could tell that support isnt really that easily to break off.

ultrloa

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This is the indicator that people are already used to it that's why we don't see any huge movement happened from the current fuds hit up on the ecosystem and this is so good since for sure on next fuds will came people can defy and look at it as buying opportunity to them. Let see if this bullish season will continue since for sure many monitoring if we can see the $100,000 price to be reach if this will happen this year.

BuNga_cute

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Quote from: bitzizzix on October 04, 2021, 08:01:05 AM

FUD from China is not the first time, and has happened many times but does not affect the movement of bitcoin to continue to move up.
and it's possible that this sentiment will have a bigger impact on new players and cause panic, but depending on their beliefs and if they study bitcoin's footprint they don't care about Chinese made FUDs.
and while for old players or users, the negative sentiment that causes the price to correct sharply is actually used for accumulation, so according to those who already understand the crypto or bitcoin market, the FUD sentiment from china will have no effect on them.
FUD will always exist and not only China, because bitcoin or other cryptocurrencies are still believed to be able to help the economy and also get promising profits so they don't care about FUD and whatever it is.

For me, who has been in the crypto world for more than 5 years, I am not surprised by FUD from China. Like you said so often the Chinese
government deploys FUD, that I can't remember how many times China has done it. And it is proven that FUD from China does not have
a big impact on Bitcoin, because usually the price of Bitcoin only goes down for a while and will soon go up again, Bitcoin price decline occurred
because many newbies panicked and sold their Bitcoins. So I always take advantage of the situation to buy more Bitcoin, so when the Bitcoin
price recovers I can make a profit. My advice is not to panic if there is FUD from China, it will not make Bitcoin die, and surely the Bitcoin price
will always recover.

add1ct3dd

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Quote from: Reid on October 04, 2021, 04:22:37 AM

It could be that investors are tired of all their bad claims against Bitcoin.
There will always be a point where they need to go against the flow to make profits out of it and it works.
Buy the news, sell the asset. Sure there will be a bear that will happen whenever they do such things as FUD but in the long run, it will become a bull when traders do their job to buy back after the news starts to calm down.
It's like manipulating the market using the trend which is a wise decision if ever it will be successful.

This is exactly the reason. People are tired of hearing bad stuff about crypto, sure there are stuff that is not ideal for crypto but that doesn't mean that it will always be a bad thing for crypto, that never means that the price has to go down. Like for example China saying that transactions or generally just crypto as a whole is banned in mainland, sure that is a bad thing and I would understand that the Chinese people selling and getting out, however after a certain point you realize why would that be bad in general?

I do not think that it is bad or good in the long run for us, with them or without them nothing in crypto really changes. Which is why I kind of understand people who are tired of it, people are tired of the fact that people are acting like there is a huge problem going on just because China did something, it is not big and it is unimportant for most of us.

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FUD from China is not the first time, and has happened many times but does not affect the movement of bitcoin to continue to move up.
and it's possible that this sentiment will have a bigger impact on new players and cause panic, but depending on their beliefs and if they study bitcoin's footprint they don't care about Chinese made FUDs.
and while for old players or users, the negative sentiment that causes the price to correct sharply is actually used for accumulation, so according to those who already understand the crypto or bitcoin market, the FUD sentiment from china will have no effect on them.
FUD will always exist and not only China, because bitcoin or other cryptocurrencies are still believed to be able to help the economy and also get promising profits so they don't care about FUD and whatever it is.

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Quote from: Bila0 on September 24, 2021, 08:34:11 PM

Hi guys as mostly readers would be crypto related. And China is Always big market crasher. In my point of views biggest whales always Do this with china so they can crash crypto market. So they they get always lower entries and they get higher returns to create fomo when bull market happens. So what are are your thoughts about China. If they crash crypto to 20,000 Dollars or not in coming months.

I have the same thing in mind. China has been doing this for the past years already and it's really amazing that they are still able to instill FUD whenever they do this. Several reports in the past have been recorded about banning bitcoin in China, but they don't really make it a permanent matter. They release a statement, and then after a short span of time, they will lift what they have said. They are doing this to make the market crash. And when they have finally made it, they will take advantage of the market crash to buy more coins at a lower position, so that when the bull market enters, they'll have large profits.

You see, China is one of the leading countries that have cryptocurrency holdings. If they will really ban bitcoin and cryptocurrency in general, they have so many to lose from the taxes and income on the bitcoin mining and transactions and the likes.

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Not just China, but other countries who are imposing tighter and stricter regulations of crypto are making short term declines as well. But the biggest decline so far was the combination of Elon Musk’s environmental concerns about Bitcoin mining and the crackdown of Chinese financial institutions and banks forbidding them from adopting cryptocurrencies. But yes, Bitcoin always bounce back stronger.

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A protocol like Bitcoin can never be banned. It was created by the people for the people and is beautifully immutable.

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Quote from: Bila0 on September 24, 2021, 08:34:11 PM

Hi guys as mostly readers would be crypto related. And China is Always big market crasher. In my point of views biggest whales always Do this with china so they can crash crypto market. So they they get always lower entries and they get higher returns to create fomo when bull market happens. So what are are your thoughts about China. If they crash crypto to 20,000 Dollars or not in coming months.

Maybe because of the perception of many people, china has a big role in bitcoin. and that's not true. many times there is negative bitcoin news there but bitcoin still seems to show that they are not dependent on any country. even after the news they are banned all cryptocurrencies. nothing terrible happened in the market.

Topic: China Is making Fuds Since 2017, But BTC Always Gone higher (Read 563 times)