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

jossiel

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Quote from: ?? on ??

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.

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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.

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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.

cheezcarls

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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.

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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.

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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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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.

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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.

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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.

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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.

Your conspiracy theories doesn't make any sense and actually they sound laughable. The intention from Chinese regime is not to manipulate the cryptocurrency market, but to protect its fiat economy and national currency from the aggression by Bitcoin. Already China is having one of the highest cryptocurrency trading volumes in the world and a lot of investors have used it as a medium to move their funds abroad. At least the younger generation prefers cryptocurrency over other overpriced assets, and the regime views it as a threat to the national economy.

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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.

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.

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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.

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

Quote from: Hippocrypto on September 30, 2021, 04:51:49 PM

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.

Even how bad thoughts they're sharing towards the world, these china men won't be successful because people these days had been wiser enough to determine their plans out of desperation. Don't be fooled by this speculations, Im pretty sure they paid a lot of dollars just to deceive many traders as they could. Coming months will be prosperous, just trust the system.

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.

Many times they do that but unfortunately they didn't succeed to dump more the value of it since they are also a accumulator at the dip that's why we can see them became quite after the fud hit and they successfully drop the market. And I don't think they can end the era of bitcoin since they are not the only country who's using this and many people in different country is using it already so they will find it hard to do that. The only thing they could do is to spread fear and make people panic to manipulate so hopefully more people will notice this so that they will not bothered by the moves made by China.

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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 am an investor and have invested in BTC for many years and the things China has done about this have been repeated since I entered this market and it has bored me with it. What China is trying to do right now to have a big impact on the market. Perhaps this time China has gone too far. I think China should give its citizens freedom in economic activity. I heard that China helps its citizens build businesses but it is disappointing that China has bad regulations on bitcoin and other cryptocurrencies. And the price could be higher later this year if what is happening is repeating the same thing as I speculate.

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Quote from: Hippocrypto on September 30, 2021, 04:51:49 PM

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.

Even how bad thoughts they're sharing towards the world, these china men won't be successful because people these days had been wiser enough to determine their plans out of desperation. Don't be fooled by this speculations, Im pretty sure they paid a lot of dollars just to deceive many traders as they could. Coming months will be prosperous, just trust the system.

I think China is just making this FUD to manipulate the market again and when the prices get dumped, eventually some traders start panic selling, and that's the time China will start making a low entry. So at the end of the day, China will seize the opportunity through buying in dips. That's how China works secretly for their own selfish country. But bitcoin gets even higher after every dip. This is the reason why most of the Chinese people get even more attracted to bitcoin and eventually buy them and hold for long term even if their country has banned it a multiple times. But i don't think this year's manipulation will still affect the market anymore. The market was already in dips before this banning comes out and some potential coins are even starting to recover from its dips.

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Quote from: Hippocrypto on September 30, 2021, 04:51:49 PM

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.

Even how bad thoughts they're sharing towards the world, these china men won't be successful because people these days had been wiser enough to determine their plans out of desperation. Don't be fooled by this speculations, Im pretty sure they paid a lot of dollars just to deceive many traders as they could. Coming months will be prosperous, just trust the system.

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.

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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.

Even how bad thoughts they're sharing towards the world, these china men won't be successful because people these days had been wiser enough to determine their plans out of desperation. Don't be fooled by this speculations, Im pretty sure they paid a lot of dollars just to deceive many traders as they could. Coming months will be prosperous, just trust the system.

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

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.

If whales were collaborating with China to cause fud so it favours them, then the whales has to be the Chinese government themselves because it'll be unprofitable for China to be collaborating with the whales you're taking about and China doesn't engage themselves in unprofitable businesses. What you would had said and it'll understandable is the whales taking advantage of the china fuds to manipulate the market.

The later scenario is exactly what has been ongoing for years now in the industry, each time China issues a ban the whales take advantage of it by causing more fud either through false rumors or exaggerating the ban and the News outlets has been an accomplish to this fraud.

For the price in the op to be recorded again, it will take more than China banning Bitcoin or related services, maybe if United States joins in on the ban then it'll lead to more fud which the market will react negativity to and this could lead to lower lows.

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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.

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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 think that blaming China for the fall in cryptocurrency prices is a little unwise. You hear news about China, because it is very beneficial for someone to hear them, but where is the guarantee that the curators of the market crashes and its growth are located in China? Perhaps they are in the US? Why not? Moreover, as the latest news says, employees of the same FRS also invest in cryptocurrencies and use insider information. I believe that you need to look at the situation from a slightly different angle, namely, who benefits from it the most. And it turns out that in this case for China it is not profitable, but for the United States it is. But this is also just an opinion and what is actually happening is very difficult to understand. As for the next drop in BTC prices, they will certainly be, but when no one will tell you 100%.

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If we look historically now China for few years being against bitcoin and other cryptos. They want to introduce there own coin which they want to make it legal and not any other coin. We may have witness some dips wherever China takes actions but later on bitcoin odes make a comeback and reaches new highs. So if we see it is a good time to buy during those times.

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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.

It maybe a coincidence or clear plan but on every bullish trend the ban news related to China involved so you no need to worry because the history will repeat so the bull run will come again even if the market acts bullish for months and years, just keep holding to make profits its easy strategy but many fails.

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Quote from: Melody kdl on September 26, 2021, 08:51:01 PM

Since I learned about and entered the field of encryption, China has always had a negative attitude towards cryptocurrency, but Bitcoin continues to grow under the pressure of Chinese policies. Although there will be panic and volatility, I still believe in Bitcoin.

China is against everything beyond their control and btc is something they will never be able to regulate or control, so they will always be against the currency.

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Not every newbies know about this so there's really nothing to it besides the fact that we will continuously see people panicking over what China does because they don't know any better or they haven't done their research before getting in and now their surprised that's happening right now.

No surprise there. Even this time, there was a mass selloff from the newbies. Bitcoin is an asset that always provide good returns in the long term. But the same may not be true for short term or medium term investment. A lot of new investors don't know about this and they panic whenever the prices go down by 10% or 15%. They need to understand that Bitcoin is a volatile asset and it is not rare to have such fluctuations. And this is what happens when you invest in an asset without properly studying about it.

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If you followed the price of Bitcoin, you would not make similar remarks. Due to the sell-off triggered by China's FUD, the price of Bitcoin fell below $30,000 in May. However, in the face of stronger policy suppression this time, its price is still above US$40,000. It can be seen that the influence of Chinese policies on Bitcoin is getting smaller and smaller, which is an important step for Bitcoin to achieve complete decentralization.

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We choose to ignore this news. China’s international strength and status are well known. Every time China publishes a policy, it will cause the coin to fall. Although the price is falling during this period, I know that for the long term, this is not Great impact, it will pick up.

Melody kdl

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Since I learned about and entered the field of encryption, China has always had a negative attitude towards cryptocurrency, but Bitcoin continues to grow under the pressure of Chinese policies. Although there will be panic and volatility, I still believe in Bitcoin.

MIldic1c

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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.

The recent market decline is directly related to China. China’s policies have always had a significant impact on the crypto market, but China’s opposition to Bitcoin is not surprising.

AmoreJaz

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Quote from: Finestream on September 26, 2021, 06:27:17 PM

Quote from: finaleshot2016 on September 26, 2021, 05:15:25 PM

But, given the Chinese government's capacity to control the market and the fact that the majority of miners are from their nation, it's understandable that the price of BTC would decline if they implemented policies like prohibiting crypto all over the world. I'm very confident they're just playing the game, and the BTC price will undoubtedly rise again in Q4 as another speculator enters the market. They already announced it multiple times already but look, BTC is still alive and made already a lot of all-time high.

Maybe gone are those days that Chinese government will be able to manipulate the crypto market and create a huge negative impact. This time, bitcoin and those other solid coins are even making a significant increase that is happening in that market today. Even though there is a huge population on bitcoin miners and holders that are based in China, still its not a valid reason that this crypto market will totally get dumped every time China makes fuds. China is nothing but a market crasher and that the market has learned to ignore whatever China brings to the market.

i guess, we've been thru a lot already from these china fuds, and now the market seems not to greatly influenced by such news. yes, there's a lil bit of decline but it was not the major dump that a lot are thinking about. and the market seems to be recovering already. so yes, this kind of news seems to be ignored already. there are other good things happening aside from this negative news from china. so i don't think china will tell to themselves that they have great influence in this market.

Finestream

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Quote from: finaleshot2016 on September 26, 2021, 05:15:25 PM

But, given the Chinese government's capacity to control the market and the fact that the majority of miners are from their nation, it's understandable that the price of BTC would decline if they implemented policies like prohibiting crypto all over the world. I'm very confident they're just playing the game, and the BTC price will undoubtedly rise again in Q4 as another speculator enters the market. They already announced it multiple times already but look, BTC is still alive and made already a lot of all-time high.

Maybe gone are those days that Chinese government will be able to manipulate the crypto market and create a huge negative impact. This time, bitcoin and those other solid coins are even making a significant increase that is happening in that market today. Even though there is a huge population on bitcoin miners and holders that are based in China, still its not a valid reason that this crypto market will totally get dumped every time China makes fuds. China is nothing but a market crasher and that the market has learned to ignore whatever China brings to the market.

finaleshot2016

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But, given the Chinese government's capacity to control the market and the fact that the majority of miners are from their nation, it's understandable that the price of BTC would decline if they implemented policies like prohibiting crypto all over the world. I'm very confident they're just playing the game, and the BTC price will undoubtedly rise again in Q4 as another speculator enters the market. They already announced it multiple times already but look, BTC is still alive and made already a lot of all-time high.

Issa56

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Seriously I believe China just want to kill bitcoin which is not possible, China have been trying there best to crash bitcoin and I believe they will still continue their best to crash bitcoin because they want to kill bitcoin which is not possible. The only thing China can do is too crash bitcoin price but they can't kill bitcoin and I believe very soon China news won't really have effect on bitcoin again but it will take time.

Oasisman

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Quote from: jaysabi on September 25, 2021, 09:50:14 PM

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

~snip~

What China is doing doesn't fit the definition of FUD. FUD is trying to bring the price down by talking negatively about it, but China is just outright banning it from the country. They don't give a damn if that makes the price go up or down because they only care about getting it out of the country because they can't have anything challenge the digital yuan. Since their actions are based on getting rid of it instead of affecting the price, it's not correct to call it FUD, which is a grossly overused term by this community as it is.

What do you call it then? Isn't Bitcoin's price pulled down? Several times everytime China announces about banning of cryptos in their country. It doesn't matter If they intentionally did that to pull the price down or not, that news still creates FUD to the investors. FUD doesn't literally mean to deliberately causing something to pull the price down, It could be something out of the intention that creates panic to the investors to sell their assets.
Another thing, are you sure they don't give a damn about Bitcoin or other cryptos price? I mean we can't be so sure about that.

pinggoki

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Goes to show that China hasn't and will never be the answer to decentralization as much as the hopefuls from the crowd and the government pray it out. There's just so many options with cryptocurrencies, especially bitcoin, that people will be willing to bounce back on a much more favorable ground and eventually enjoy the payoffs. People are quick to figure out as well that China will not say anything good about bitcoin and cryptocurrencies, so most of us just shrug news from China nowadays, effectively making it so that China has no real power over the market anymore.

Quote from: Reid on September 26, 2021, 08:25:07 AM

Don't forget, we are human, we are bound to learn.
Once we learn that they are doing this on purpose we tend to adapt to it. There will be times we won't believe anything they would say anymore.
They may have the upper hand now to control the market because of being one of the countries that are growing but once Bitcoin is divided into a lot of users there won't be telling where the price would go.

This is exactly what I have in mind. A lot of us have been surprised to find out that these next few years, there hasn't been any major effects on bitcoin's price that is directly tied to FUD coming from China, when we just had learned not to give a damn about China basically. The same will happen for every other FUD out there that the detractors will commit, we'll learn to shrug it off and move on to a much more beneficial discourse.

SquallLeonhart

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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.

China does have some power, and they do make it go down whenever they do something, that drop from 64k to 30k was mainly because china banned miners as well. However, the long term is not affected by it at all, I agree with that. They could make it drop for a short term, whenever they say something the price goes down but it is always a short term deal where they make it drop, eventually it goes back up and even more in the long term.

I believe that there could be some Chinese politicians who have some margin trading on shorts as well, by the looks of it they like to make it drop and that is how they make a lot of money, I know that sounds silly, but at this point anything is possible.

Reid

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Don't forget, we are human, we are bound to learn.
Once we learn that they are doing this on purpose we tend to adapt to it. There will be times we won't believe anything they would say anymore.
They may have the upper hand now to control the market because of being one of the countries that are growing but once Bitcoin is divided into a lot of users there won't be telling where the price would go.

Vishnu.Reang

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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).

jaysabi

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Quote from: wajik-tempe on September 25, 2021, 09:54:18 PM

Quote from: jaysabi on September 25, 2021, 09:50:14 PM

What China is doing doesn't fit the definition of FUD. FUD is trying to bring the price down by talking negatively about it, but China is just outright banning it from the country. They don't give a damn if that makes the price go up or down because they only care about getting it out of the country because they can't have anything challenge the digital yuan. Since their actions are based on getting rid of it instead of affecting the price, it's not correct to call it FUD, which is a grossly overused term by this community as it is.

But it's still categorize as FUD if the news is not true and just make fear to the investors.
We heard about china banning bitcoins multiple times for the past years, but they don't really ban it actually. Recently i just saw the tweets from justin sun said china loves bitcoin and the news of bitcoin banning in china is wrong, so this means the media are spreading the FUD.
If china is really ban bitcoin then it's not FUD, but the real thing happened there.

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.

Sithara007

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The OP is wrong. I first purchased my coins in 2014, and I could remember that during that time there was a major crash due to some FUD from China. There were talks about exchanges getting banned and BTCChina was forced to shit their operations from mainland China to Hong Kong. And since then, on a regular basis I have witnessed various episodes from China of varying magnitude. But in all these cases, the impact lasted for only a few months at the most and the exchange rates recovered soon after that (not sure whether the same will happen this time as well).

wajik-tempe

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Quote from: jaysabi on September 25, 2021, 09:50:14 PM

What China is doing doesn't fit the definition of FUD. FUD is trying to bring the price down by talking negatively about it, but China is just outright banning it from the country. They don't give a damn if that makes the price go up or down because they only care about getting it out of the country because they can't have anything challenge the digital yuan. Since their actions are based on getting rid of it instead of affecting the price, it's not correct to call it FUD, which is a grossly overused term by this community as it is.

But it's still categorize as FUD if the news is not true and just make fear to the investors.
We heard about china banning bitcoins multiple times for the past years, but they don't really ban it actually. Recently i just saw the tweets from justin sun said china loves bitcoin and the news of bitcoin banning in china is wrong, so this means the media are spreading the FUD.
If china is really ban bitcoin then it's not FUD, but the real thing happened there.

jaysabi

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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 bug 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.

What China is doing doesn't fit the definition of FUD. FUD is trying to bring the price down by talking negatively about it, but China is just outright banning it from the country. They don't give a damn if that makes the price go up or down because they only care about getting it out of the country because they can't have anything challenge the digital yuan. Since their actions are based on getting rid of it instead of affecting the price, it's not correct to call it FUD, which is a grossly overused term by this community as it is.

verita1

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China banned bitcoin. Already the crypto community sees it as a meme. I can only say: China again with an annoyed face.

There is no doubt that we can see that the crypto market is affected because cryptocurrencies fall. But not everything is negative because if we have the opportunity to buy some of them at a discount, so to speak, this is our opportunity.

Despite China's FUD, bitcoin is foolproof and will come out undefeated. Bitcoin and cryptocurrencies is the way out of the economic crisis and we know it.

Stay safe guys! Let's not panic!

wxa7115

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Quote from: Kaylana on September 24, 2021, 08:54:07 PM

I think OP overestimates the policies of the Chinese government. China's influence on the encryption market is getting smaller and smaller. This time, there are even no waves. These are just the information boasted by the media, which has no practical effect. If the encryption market is so easily affected, you can't see the development of bitcoin in recent ten years.

The Chinese government forgot one simple truth, the more they use a particular move the more ineffective it becomes, and since I have been part of the market I do not remember a single year in which China did not banned bitcoin or took strong steps against it.

Basically at this point anyone that has been here for a few years knew this was coming so we are not surprised or affected by it, and I think that is precisely what we are seeing with the price.

amishmanish

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Barinekapaul

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

If they crash crypto to 20,000 Dollars or not in coming months.

I strongly believe the reduction in BTC price will not fall to the $20k benchmark as predicted,
and despite the negative impacts china are trying to bring into the crypto market.

Renampun

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In this year alone, China has made FUD for bitcoin several times "lol"

China is a country full of drama about cryptocurrencies but what they do is totally useless. China can pressure its citizens not to own or buy bitcoins but what about citizens in other countries? no one will listen and carry out Chinese orders.

palle11

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Quote from: Bollexz1 on September 25, 2021, 06:53:16 AM

If anyone sell off his/her bitcoin because one authoritarian government doesn’t like it, then it is clear that such person don’t understand Bitcoin and however not deem fit to be in the crypto space.

Yes you have said it simple way. China made the worse attempt to cripple bitcoin and cryptocurrency in 2017 when adoption then can't be compared to 2021 but it didn't stop the growth and bitcoin rose higher to an ATH high then around $20,000. At this time with high adoption, people don't need to panic selling except newbie feel not to lose the worth of hodling to sell but will come back to open thread of regretful comment and mistake to sell in rush for fear. Bitcoin price will increase more despite China's fud.

jossiel

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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 bug 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.

If they crash it to $20k then that's still a fine price. After going from the lowest price that it can a few years ago and if it goes back to $20k which was the ATH of $20k then that's still good.

They've been doing that so not surprising if they do it again.

Bollexz1

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If anyone sell off his/her bitcoin because one authoritarian government doesn’t like it, then it is clear that such person don’t understand Bitcoin and however not deem fit to be in the crypto space.

dothebeats

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It's not only in 2017. It actually started in 2014 and people just kinda got used to it as time passed. The market will eventually get used to the happenings revolving China and will try its best to not sell or buy during the event. Their government only releases statements and mentions of 'crackdowns' but it only lasts for a short while before the news die out and get covered with other news. The market has since matured, and if in 2015 any news from China might dictate the price action of bitcoin, today they don't really matter as bitcoin grew big for a single country/entity to influence it.

STT

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China has been creating FUD since the fifties, its mostly been to the detriment of its own people and an aid to the elite within that country often at the cost of deaths to the normal population. Their latest set of actions have sometimes included kidnapping the rich heads of industry to remind them they live under the gun not the idea of efficient business and profit. There is little to respect in the actions of a party that uses violence as their logic, Im far more interested in India finding the right path if we are merely discussing large countries or just Asia in general has to get past what negatives China might construct in its regional influence.
Same is true for western government, if BTC only relies on politics for positive or negative attitude in its gains I dont expect it to last as it must be far beyond reliance on failing historic currency standards and the political over shadowing that has occurred and obstructed economies for years.

PastorNick

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Yes, you can always trust btc. China's influence on Bitcoin is getting smaller and smaller. This is a good thing. The more decentralized the btc, the better the future of Bitcoin.

TheNineClub

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The idea that a single (albeit huge) entity, in this case, a government can crash something that is in its essence worldwide and decentralized is ridiculous at best. This has progressed from the point of no return and as with everything, not everyone will embrace it with open arms. That is completely ok but it will not stop what we have going here.

zanezane

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There's also more people that's totally new to crypto and the Chinese FUD that spread around it so there's really not much change besides the fact that bitcoin goes up in value. The newbies will always panic sell, we should know that by now it's not that hard to think, a little psychology and basic economics goes a long way.

bittraffic

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Quote from: Ausgewielt on September 25, 2021, 01:09:41 AM

I have been investing in bitcoin since long time ago and I am not surprised about bad news that related to China. Maybe this time China move too far. I think China should give their citizens freedom in economic activity. I heard that china help their citizens to build a business but it is disappointing when China make a bad regulations regarding bitcoin and other cryptocurrencies. For me bitcoin is a part of future, if china strongly against bitcoin then in my point of view they don't want to get a good future.

That is a suicide for the CCP of China because giving economic freedom to their people will cause independence to the richest group of people who could unseat Xi Jin Ping as a ruler. That's not good for them and it's better for crypto to stay out in China. They are already threatened with its borderless properties.

The banning of crypto fud is recycled almost every year but still makes retail investors panic, the fear of losing money is really scary but they are happy to spread fud every year.

Ausgewielt

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I have been investing in bitcoin since long time ago and I am not surprised about bad news that related to China. Maybe this time China move too far. I think China should give their citizens freedom in economic activity. I heard that china help their citizens to build a business but it is disappointing when China make a bad regulations regarding bitcoin and other cryptocurrencies. For me bitcoin is a part of future, if china strongly against bitcoin then in my point of view they don't want to get a good future.

StanleyBoyle

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What you worry about will control you

The decline in the past few days is also related to China's once again restricting OTC merchants. Many media and market analysts are scared to update their content.

Kaylana

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I think OP overestimates the policies of the Chinese government. China's influence on the encryption market is getting smaller and smaller. This time, there are even no waves. These are just the information boasted by the media, which has no practical effect. If the encryption market is so easily affected, you can't see the development of bitcoin in recent ten years.

Bila0

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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.

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