China Is making Fuds Since 2017, But BTC Always Gone higher - page 2.

finaleshot2016

legendary

Activity: 1778

Merit: 1009

Degen in the Space

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

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.

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.

People are aware right now that China is just manipulating the crypto market. People already learned something after the Elon Musk market manipulation that happened recently, everyone knew already what's happening so people are still holding and having faith in BTC. Whales are just good at controlling the market but if most of the investors are aware and good at going with the flow, then everyone can make money. That's why I'm not afraid when everytime a China fud spreading all over the community because I knew from the beginning that they're taking advantage of it since most of the investors are also Chinese.

Reid

hero member

Activity: 3052

Merit: 651

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.

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.

Botnake

hero member

Activity: 2856

Merit: 667

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.

jaysabi

legendary

Activity: 2044

Merit: 1115

★777Coin.com★ Fun BTC Casino!

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.

LUCKMCFLY

legendary

Activity: 2590

Merit: 1882

Leading Crypto Sports Betting & Casino Platform

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.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: adzino on September 30, 2021, 03:29:47 PM

China has been making FUDs forever. Just ignore them. They are just trying to undermine bitcoin and all other decentralized crypto currencies. Let them make their own digital currency and let them use it. It no longer matters what they think about bitcoin. I can assure you, China accepting bitcoin or banning will have no influence on the price of bitcoin. In the long run, BTC will always go higher.

Even if at some point in the future China changed their stance about bitcoin and they told the world they will accept it unconditionally, who in his right mind is going to believe them?

The government of China is losing an historical opportunity, they had bitcoin literally on their backyard and they could have taken advantage of it, this could have created the side-effect of their citizens achieving more freedom than ever before but they could have undermined the dollar and gain a competitive advantage over it, and now not only they will not gain that advantage but bitcoin adoption will begin to play against them as well.

fullhdpixel

hero member

Activity: 2828

Merit: 611

Quote from: so98nn on October 02, 2021, 12:46:49 AM

Though bigger countries and there FUD can't take down the crypto today then also the fear is real. The problem is with the FUD and it's after effect! If you see, whenever there is FUD (mostly from China) then crypto will crash to hell and you will start seeing the bloodbath everywhere. When BTC goes down the road, the alts follow excluding few exceptions.

The problem with this economic model is it's poor in handling such stress situation; followed by main reason of volatility.

Crypto is not staying strong really, it's being manipulated by that country and somehow I feel they are making money by that strategy. Its bad for bitcoin's economic model.

It doesn't crash as much as it used to, that is a good thing for us really. I understand that it still has an impact but I remember China being able to drop the price 50% all by itself for a long time, even in 2021 when they said miners will not be allowed, that was a big crash, now they made it fully illegal to do transactions and exchanges and it didn't do a 50% anymore.

So, I assume that we are going to the right direction, it is certainly something I would love to see more of as well. I would guess that it is something that is proven to be hurtful to crypto but it is an exterior thing that we can't stop, China can create as many FUDs as they can and we can't stop them, so all we have to learn is to ignore them.

Sithara007

legendary

Activity: 3346

Merit: 1352

Leading Crypto Sports Betting & Casino Platform

I have read reports claiming that after three decades of experimentation with capitalism, the CCP want to go back to pure socialism (like the one which exists in Cuba and North Korea). Their adoption of capitalism resulted in an improvement in the living standards for 99% of the citizens, but some of the CCP officials believe that it has resulted in weakening of their power and dominance over the population. They believe that the economy has reached a point where it can sustain even under a socialist system. Only time will tell whether this is going to be a massive misstep or not.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: Kittygalore on October 02, 2021, 09:13:00 AM

It's actually funny that it's even a coincidence at the same time because after some time when China does something that's negatively affecting bitcoin, just waiting for some time is going to result in a big pump.

True. It's not coincidental but it's actually the result of their FUD that has been spread. The long term investors knows what China is up and they won't just settle for it.
Again and again, they'll keep on doing the ban waves for the market to crash and then eventually, who's buying all of those sold bitcoins at cheap price? It's likely them together with the whales to make more money. We're on a better run this time.

freedomgo

legendary

Activity: 3248

Merit: 1160

Playbet.io - Crypto Casino and Sportsbook

Quote from: Kittygalore on October 02, 2021, 09:13:00 AM

It's actually funny that it's even a coincidence at the same time because after some time when China does something that's negatively affecting bitcoin, just waiting for some time is going to result in a big pump.

It's just like when China seems to create more FUDS so that people will stop investing in bitcoin, but it even keeps more people to get interested in bitcoin. And what the Chinese government is doing right now is that they expect that after what they did the crypto market will dump, but it even created more chances to pump. This proves that bitcoin is no longer affected with China anymore and even if how many times they will ban bitcoin and other crypto transactions, bitcoin price will never get back into $20k or below than that.

Kong Hey Pakboy

member

Activity: 1120

Merit: 68

Quote from: DanWalker on October 01, 2021, 04:41:42 PM

China has been creating FUD for so many years, mostly to the detriment of its own people, and aid to that domestic elite often comes at the expense of ordinary people's death. Their latest actions sometimes include kidnapping wealthy industry leaders to remind them that living under their dominance is not a viable and profitable business idea. any what news from china can determine the price of bitcoin i won't care anymore its all just scam news for all our investors to sell cheap BTC china whales they will Start collecting at the lowest price in the market.

Well, that's what they've been doong ever since the days of the Not So Great Chairman Mao, they still think that their leader cares for them so they always believe in them even though it's for the worse.

Kittygalore

member

Activity: 868

Merit: 63

It's actually funny that it's even a coincidence at the same time because after some time when China does something that's negatively affecting bitcoin, just waiting for some time is going to result in a big pump.

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

Quote from: so98nn on October 02, 2021, 12:46:49 AM

Crypto is not staying strong really, it's being manipulated by that country and somehow I feel they are making money by that strategy. Its bad for bitcoin's economic model.

China has had a bad opinion of Bitcoin at least since 2013 when the first bans began, but the real problem is not in China, but in those who still firmly believe that the country should have any meaning when it comes to Bitcoin. Therefore, I do not see a problem in the fact that China from time to time refines or tightens a rule, but that it is used by various speculators to bring down the price and thus buy cheaply and, as already countless times, profit from it.

The crypto market is simply still extremely manipulative, those who know how to use the media and any bad news can literally make something that looks really bad out of insignificant news. When we add to this that surely about 80% of people involved in the world of cryptocurrencies do not know some basics, then it is clear how easy it is to get them to panic, and panic is like a virus that spreads at an alarming rate.

so98nn

hero member

Activity: 2114

Merit: 603

Quote from: molsewid on October 01, 2021, 11:55:49 PM

Quote from: AmoreJaz on September 30, 2021, 05:00:50 PM

how many times did china ban crypto-related activities, and yet, bitcoin and crypto continue to thrive and even achieving greater heights? the adoption today is different as more countries are now open-minded with these new currencies. i don't know the motive of china why they seemed to move backward here. but don't think they can end the era of bitcoin and crypto. that's far from happening.

The cryptocurrency platform today can be classified as a much grown community where the fud even from the one of powerful country in the world couldn't take the crypto platform down just because they decided to declare it as illegal tender in their country. Though China has a largest population in the world but it doesn't mean that this might greatly affect the performance of bitcoin or the crypto platform in general in the market today because now more people around the world are open minded to adopt the newest and the revolutionary financial aspect and this is I think the reason why bitcoin or crypto platform stay strong despite of the FUD.

Though bigger countries and there FUD can't take down the crypto today then also the fear is real. The problem is with the FUD and it's after effect! If you see, whenever there is FUD (mostly from China) then crypto will crash to hell and you will start seeing the bloodbath everywhere. When BTC goes down the road, the alts follow excluding few exceptions.

The problem with this economic model is it's poor in handling such stress situation; followed by main reason of volatility.

Crypto is not staying strong really, it's being manipulated by that country and somehow I feel they are making money by that strategy. Its bad for bitcoin's economic model.

CryptopreneurBrainboss

legendary

Activity: 2450

Merit: 4295

eXch.cx - Automatic crypto Swap Exchange.

Quote from: adzino on September 30, 2021, 03:29:47 PM

China has been making FUDs forever. Just ignore them. They are just trying to undermine bitcoin and all other decentralized crypto currencies. Let them make their own digital currency and let them use it. It no longer matters what they think about bitcoin. I can assure you, China accepting bitcoin or banning will have no influence on the price of bitcoin. In the long run, BTC will always go higher.

Exactly and that is already happening, as of yesterday the cryptocurency market was green and Bitcoin wasn't the only beneficiary as other cryptocurrency recieved some attention as well. As the years goes by, the fud from China becomes less impactive on the market on the long run. Initially there could be some panic but those are simply manipulated as the market kinds of bounce back immediately as we recorded yesterday.

Newbie (and old users with doubts) don't have to panic when this news are published by trying to outsmart the market as in times like, trading could be very dangerous as the market is always too volatile. Leave the trading for the professional, the most productive way to handle this is by holding unto your Bitcoin and if there are spare funds you take advantage of this discount and buy more.

molsewid

hero member

Activity: 2170

Merit: 530

Quote from: AmoreJaz on September 30, 2021, 05:00:50 PM

how many times did china ban crypto-related activities, and yet, bitcoin and crypto continue to thrive and even achieving greater heights? the adoption today is different as more countries are now open-minded with these new currencies. i don't know the motive of china why they seemed to move backward here. but don't think they can end the era of bitcoin and crypto. that's far from happening.

The cryptocurrency platform today can be classified as a much grown community where the fud even from the one of powerful country in the world couldn't take the crypto platform down just because they decided to declare it as illegal tender in their country. Though China has a largest population in the world but it doesn't mean that this might greatly affect the performance of bitcoin or the crypto platform in general in the market today because now more people around the world are open minded to adopt the newest and the revolutionary financial aspect and this is I think the reason why bitcoin or crypto platform stay strong despite of the FUD.

jaysabi

legendary

Activity: 2044

Merit: 1115

★777Coin.com★ Fun BTC Casino!

Quote from: Vishnu.Reang on September 26, 2021, 07:49:06 AM

Quote from: jaysabi on September 26, 2021, 12:03:19 AM

There's no news that "isn't true" in this case, which is why it's not FUD. China announces that all crypto transactions are illegal, but some crypto enthusiast tweets China loves bitcoin and it's not banned. Somehow, I think the actual government has better information on what is banned and what is illegal than someone who has a vested interest in crypto not being banned. I don't know what the opposite of FUD is, but if what you say about Justin Sun is true, then he's clearly spreading it by posting things that are demonstrably not true about crypto in China.

I checked his (Justin Sun's) Twitter account and all he said is ”not to be too pessimistic.” How you want to interpret this is up to you. He is claiming that there is no ban on "cryptocurrency possession". I am not sure about this. When they are saying that all the cryptocurrency transactions are illegal, my understanding is that it includes the storage of cryptocurrency as well. The writing on the wall is clear. The regime is quite determined this time and they want to wipe out the usage of cryptocurrency in mainland China (probably also from Hong Kong, if they are able to do that).

Well sure, "don't be too pessimistic" when China is clearly signalling its intentions with regards to crypto is exactly what I mean by someone spreading the "opposite of FUD." It's the same degree of wrong, just in the opposite direction. In this case, China has told everyone point-blank what is happening, and this doofus is spreading misinformation that's directly opposite of what the first-hand information sources are saying.

Mahanton

hero member

Activity: 2730

Merit: 632

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.

Market crasher? This isnt something new knowing that China is one of the super powers in the world then theres no doubt that anything that they do and decide in connection with the crypto market would really be having some significant impact but it doesnt mean that it would really be a reason for it to die.We arent blind that on how many times they had tried out to but still the market do make out some good recovery
and instead able to reach up new all time highs compared it was before which simply shows out that no fundamentals could really give out full effect on bitcoin itself.

DanWalker

hero member

Activity: 1960

Merit: 547

Vave.com - Crypto Casino

China has been creating FUD for so many years, mostly to the detriment of its own people, and aid to that domestic elite often comes at the expense of ordinary people's death. Their latest actions sometimes include kidnapping wealthy industry leaders to remind them that living under their dominance is not a viable and profitable business idea. any what news from china can determine the price of bitcoin i won't care anymore its all just scam news for all our investors to sell cheap BTC china whales they will Start collecting at the lowest price in the market.

RealMalatesta

legendary

Activity: 2338

Merit: 1124

Quote from: Viscore on September 30, 2021, 06:17:16 PM

China is a big influenced country and it keeps manipulating the market in the previous years. But i think this time, the market is not affected that much as it is before. There might be minor dumps but we have seen that the market is starting to recover again. So maybe in the later part, China will not affect the market anymore. And as the adoption of bitcoin continues, there will more bigger countries who will start to backed up bitcoin and support it all the way. Whatever China plans in the market for their own advantage, it will never be as relevant as it was.

Because, people already realized that they are just making FUD and that is it, they are not actually doing something that would impact us, maybe impact Chinese people but not us because we just do not care about what they are doing anymore, they do not have any financial power to hurt us anymore since they keep banning it.

It means that we are in a situation where China "talks" about crypto as if it was a bad thing but if we let them do something, they couldn't because they do not have the power for it since they do not own it since it is banned. They basically took themselves out of the calculation and which is why people do not care about them as much as we used to.

Topic: China Is making Fuds Since 2017, But BTC Always Gone higher - page 2. (Read 562 times)