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Topic: China is playing us (Read 4294 times)

full member
Activity: 728
Merit: 103
October 28, 2017, 05:48:17 AM
I don't know what to say to you. Looks like China makes money on decisions and pumping of North America! Seems like it is really so. Must be we should to expect a new drop of the price after it's pumping this morning after huge investment into crypto-currency from the side of such giant as JP Morgan.

In the next three days, all the Chinese exchanges will be closed. So no more manipulation.

It will probably be temporary to manipulate prices again. There will be a mass dump, and then they will reverse the decision after buying up lots of crypto to see it pump again
full member
Activity: 280
Merit: 100
October 28, 2017, 05:16:52 AM
China, I suppose, is cheating us
they are attempting to control crypto
newbie
Activity: 61
Merit: 0
October 28, 2017, 04:24:23 AM
I don't know what to say to you. Looks like China makes money on decisions and pumping of North America! Seems like it is really so. Must be we should to expect a new drop of the price after it's pumping this morning after huge investment into crypto-currency from the side of such giant as JP Morgan.

In the next three days, all the Chinese exchanges will be closed. So no more manipulation.
hero member
Activity: 588
Merit: 500
September 16, 2017, 11:51:58 AM
I don't know what to say to you. Looks like China makes money on decisions and pumping of North America! Seems like it is really so. Must be we should to expect a new drop of the price after it's pumping this morning after huge investment into crypto-currency from the side of such giant as JP Morgan.
full member
Activity: 868
Merit: 151
September 16, 2017, 10:55:27 AM
It possibly China play this game in order to dump the price and buy later cheap! They may understand how important is the BTC and other coins and make this for profit!

Well who knows this could be the actual thing where they would have just booked the profits and sold the coins due to which the market fell for few days and now they have started buying back the coins and may easily again in coming time book the profits. It would be millions of dollar in profits in just few days they could easily made it.
full member
Activity: 159
Merit: 100
September 16, 2017, 09:57:54 AM
It possibly China play this game in order to dump the price and buy later cheap! They may understand how important is the BTC and other coins and make this for profit!
sr. member
Activity: 1162
Merit: 260
September 16, 2017, 09:47:29 AM
It seems that this is a game of a handful of Chinese elites who want to destroy Bitcoin, or China doesn`t want their altcoin rivaled by Bitcoin, because I know China is the King of the World Market for now, so they do not want or refuse Bitcoin to be a successful altcoin, do you remember this saying "If other people can do it, I also can do it" This is the principle of a greedy elite

There is no need to worry about it. Without the fraud in the Chinese exchanges, the bitcoin and bitcoin cash or other altcoin price will be more stable.
As the one of the bitcoin  house and it seems china was holsing the important role to the bitcoin market even crypto currency itself. Why you call china as the fraud? is there a something wrong with it?
Because a lot of people just saying about the manipulation already did by the chinese exchange site and the goverment.
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
September 16, 2017, 09:25:21 AM
I dont think anyone plays, whale probably sort it and we buy it.
It is also FUD, I think there are many think to make people worry about crypto now, it may be better early next year,
people needs to cool down probably after big pumping/sorting

and because it's gonna be better next year, nows the time to buy when markets are low
newbie
Activity: 14
Merit: 1
September 16, 2017, 09:12:22 AM
It seems that this is a game of a handful of Chinese elites who want to destroy Bitcoin, or China doesn`t want their altcoin rivaled by Bitcoin, because I know China is the King of the World Market for now, so they do not want or refuse Bitcoin to be a successful altcoin, do you remember this saying "If other people can do it, I also can do it" This is the principle of a greedy elite

There is no need to worry about it. Without the fraud in the Chinese exchanges, the bitcoin and bitcoin cash or other altcoin price will be more stable.
sr. member
Activity: 490
Merit: 250
September 16, 2017, 08:49:50 AM
It seems that this is a game of a handful of Chinese elites who want to destroy Bitcoin, or China doesn`t want their altcoin rivaled by Bitcoin, because I know China is the King of the World Market for now, so they do not want or refuse Bitcoin to be a successful altcoin, do you remember this saying "If other people can do it, I also can do it" This is the principle of a greedy elite
newbie
Activity: 28
Merit: 0
September 15, 2017, 11:32:38 PM
I dont think anyone plays, whale probably sort it and we buy it.
It is also FUD, I think there are many think to make people worry about crypto now, it may be better early next year,
people needs to cool down probably after big pumping/sorting
newbie
Activity: 63
Merit: 0
September 15, 2017, 11:25:17 PM
im pretty sure china holds enough of US debts in trillions to buy bitcoin at a premium price.
full member
Activity: 252
Merit: 100
September 15, 2017, 10:00:37 PM
China is a laughing at us if you think that cryptocurrency cant be manipulated then think again. They sell and buy it again at low price its a win win so many rich people in china that can do that  Cheesy Cheesy

It CAN be manipulated, but from time to time, the effect of China FUD is mitigated. First time China ban BTC, the price drop around 90%. This time, only 30-40%. And this time it was attacked by both China & JPM.

A sign of market maturity.

newbie
Activity: 35
Merit: 0
September 15, 2017, 09:16:16 PM
#99
China is a laughing at us if you think that cryptocurrency cant be manipulated then think again. They sell and buy it again at low price its a win win so many rich people in china that can do that  Cheesy Cheesy
sr. member
Activity: 574
Merit: 255
September 15, 2017, 09:10:23 PM
#98
China plays a lot with crypto market. Take the case of BTCC exchange owner. He sold his Bitcoins at ATH and spread a panic that he will be closing his exchange by the end of September where there is still not any official announcement by Chinese government. There is still no clear indication but media is propagating this news as it is true. He created panic and took the advantage of buying back his Bitcoins at $3000. This is how a bulk holder plays with the market.
full member
Activity: 280
Merit: 100
September 15, 2017, 08:45:38 PM
#97
China manupulate all markets.i think this all thing is some of rich chinese peoples decision.Dont panic,make your moves wisely
Yes China just Played the game
rich people from china want to buy bitcoin at cheap price, so china deliberately made fake news, then everyone in the world panick sell Angry
and see now that they've got what they want, the price of all the coins starts back up
maybe the rich people are really doing so, but the news is not fake, and i think the back are only a few days, maybe till tomorrow, for most people in China can not buy cryptos later
full member
Activity: 140
Merit: 100
September 15, 2017, 07:59:21 PM
#96
Literally every day for the last two weeks since China/Asia started FUD'ing cryptos (again) we've seen the same shit. We north Americans pump it up during the day and they dump when they wake up and we're going to bed. It keeps happening. They release FUD news, everyone dumps, market calms for a few hours, north Americans drive the prices back up by buying at "cheap discount prices" then they wake up and sell. There's a bunch of dummies here who keep losing and they keep raking it in. Does no one else see this? They're constantly selling after we're buying.
china is a huge market they can change the shape of bitcoin prices as they shown a power last 24 hour i might felt it will have another break fall for bitcoin to go back to 3000$ by next 2 day
Thanks
Regards
newbie
Activity: 5
Merit: 0
September 15, 2017, 07:30:26 PM
#95
Literally every day for the last two weeks since China/Asia started FUD'ing cryptos (again) we've seen the same shit. We north Americans pump it up during the day and they dump when they wake up and we're going to bed. It keeps happening. They release FUD news, everyone dumps, market calms for a few hours, north Americans drive the prices back up by buying at "cheap discount prices" then they wake up and sell. There's a bunch of dummies here who keep losing and they keep raking it in. Does no one else see this? They're constantly selling after we're buying.

you know what is funny? its not even the first time they are doing this, they have done it before, many times and we still fall for it!
full member
Activity: 994
Merit: 106
Official Street Team member
September 15, 2017, 06:46:32 PM
#94
China manupulate all markets.i think this all thing is some of rich chinese peoples decision.Dont panic,make your moves wisely
Yes China just Played the game
rich people from china want to buy bitcoin at cheap price, so china deliberately made fake news, then everyone in the world panick sell Angry
and see now that they've got what they want, the price of all the coins starts back up
full member
Activity: 378
Merit: 102
September 15, 2017, 04:09:25 PM
#93
It's just a shame that China is pretty large and a ban of cryptocurrency affects a lot of the world population.
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