Topic: China is playing us - page 5. (Read 4267 times)
I feel bad for newbie chinese investors, they lose a lot of money from FUD. While most of us are taking advantage by making a short position. Some are buying from the Bitcoin dip. The key from winning in this battle is learning how the crypto market works.
so basicly: Theres a bunch of chinese who keeps losing and americans that keeps on raking it in?
I dont see how this is bad in anyway (if you are an american crypto investor)
I dont see how this is bad in anyway (if you are an american crypto investor)
No it's the other way around. We buy and drive up the price and then when they wake up and see the price is up, they sell. look at the price of bitcoin. It keeps dropping everyday around the same time Chinese get up and start trading.
But you are the one buying the dip, isn't that more beneficial in the future when the price of bitcoin pumps back up. You will have more profit than the Chinese dumping their bitcoins now.
And why would China want the value of Bitcoin to go down? Chinese mining pools control more than 70% of the Bitcoin network's collective hashrate.
Some people are saying the china doiesn't ban the bitcoin in there, but in other things some exchange site already announced to close their service in the next period and that makes the scenario looks strange about why china already did it. 
America is waking up.. gonna be massive today
The price of bitcoin is dropping 9% at the moment. It seems the Chinese are going to close their exchanges.
America is waking up.. gonna be massive today
The price of bitcoin is dropping 9% at the moment. It seems the Chinese are going to close their exchanges.
I dont unterstand the people, that sell their Bitcoin long term investments while this FUD. I mean China is just going crazy again, bitcoin is not going to die, just because a small exchange in China is closed at end of september. Remember all the FUD from China in the past. Everytime we dumped hard, we gone up massive after that FUD!
So hold on guys
So hold on guys
The future looks bright, but the upcoming months don't. Don't forget that the vast majority of traders invest with emotion, not with strategy. I'm not selling, in fact I'm buying, but most people sell to minimize their losses
China wants the biggest possible piece of the pie. They closed down one of their biggest exchanges, and they banned fundraising through ICO's. It's clear what they want, they want control over the uncontrolable. If it were a different country it wouldn't be the biggest problem, but it's china we're talking about. They're one of the biggest players in this market and chances are we're gonna be in decline for the next couple of months. Smart people know that the future looks bright, but the majority of investors trade with emotion, and they'll sell to minimize their losses
I dont unterstand the people, that sell their Bitcoin long term investments while this FUD. I mean China is just going crazy again, bitcoin is not going to die, just because a small exchange in China is closed at end of september. Remember all the FUD from China in the past. Everytime we dumped hard, we gone up massive after that FUD!
So hold on guys
So hold on guys
I was a bit drunk when I posted this last night. What I was trying to say is that I am seeing a pattern.
Every evening I see the price of bitcoin and altcoins dropping. Incidentally right as the Chinese are waking up. So I'm guessing they're getting scared by the news that's released and selling.
Then throughout the day we slowly drive the price back up. Some people get in cheap while others who buy in the evening before China starts to dump again get screwed.
Rinse and repeat.
Every evening I see the price of bitcoin and altcoins dropping. Incidentally right as the Chinese are waking up. So I'm guessing they're getting scared by the news that's released and selling.
Then throughout the day we slowly drive the price back up. Some people get in cheap while others who buy in the evening before China starts to dump again get screwed.
Rinse and repeat.
America is waking up.. gonna be massive today
China can walk away and never come back. Store ur $ in good coins and in the long run u are safe. Did anyone see Unobtanium? It keeps slowly rising, even during a crash.
And why would China want the value of Bitcoin to go down? Chinese mining pools control more than 70% of the Bitcoin network's collective hashrate.
I've told you this before - banks not China. They are spreading stupid articles and bullshit news around, they are doing only thing they can - cheating.
Guess what? The news may not even be from China after all... There was no official statement from anyone in China.
JP Morgan after China is playing games with us.
dont you think china affords you a good chance to collect cheap coins?if you are not afraid of FUDs from china,go ahead,you will benefit a lot.
China is not playing with us, if you think this is just a game then that is in your fovor. Enjoy the game now and buy cheap coins as much as you can.
Yeah if we think that china playing us we better be play as a professional as what we played. We need to defeat them or better become more smart than them buy bitcoins now because its too cheap right now it's value
wtf I am missed. So that's why all is going down. Any predicts for how long? When bottom?
China is not playing with us, if you think this is just a game then that is in your fovor. Enjoy the game now and buy cheap coins as much as you can.
he is not playing us, china goverment just too late to accumulate coin maybe, or they just want to tax every crypto chinese resident has, and maybe since they has a death penalty to who ever doing curroption in their country, they are afraid crypto used for money laundry, and when that money going in to crypto world it is difficult to trace and freeze it.
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