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Topic: China playing a game :D - page 2. (Read 1035 times)

legendary
Activity: 3164
Merit: 1175
September 23, 2017, 12:32:30 PM
#28
I also think that someone is playing a game, maybe not China because I didn't saw official announcements from them, that makes me think that someone is spinning the news. This is not the first time that we see manipulation with bitcoin price, and how someone is creating panic in bitcoin community. I suggested to all here to save bitcoins and to not fall on provocations, JP Morgan and others tried to contribute to this bad news with their attacks on bitcoins but after a week situation is clear and nothing happened, bitcoin is just made new floor and that flood is higher then ever.
legendary
Activity: 3220
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
September 23, 2017, 12:32:20 PM
#27
Yeah!! China playing game...they thought that without them bitcoin will be banned...but they are wrong..if they don't use bitcoin,other country will do...I am happy that they can't manipulate the market any longer

They have already manipulated the market, right? Look at the exchange rates. They are hovering at around $3,500 to $3,700 per coin. And this is almost 20% lower than the rates before the China ICO ban was implemented.
newbie
Activity: 5
Merit: 0
September 23, 2017, 12:23:20 PM
#26
I'm in China and nothing gonna change.
newbie
Activity: 28
Merit: 0
September 23, 2017, 12:16:16 PM
#25
Yeah!! China playing game...they thought that without them bitcoin will be banned...but they are wrong..if they don't use bitcoin,other country will do...I am happy that they can't manipulate the market any longer
newbie
Activity: 16
Merit: 0
September 23, 2017, 12:03:35 PM
#24
Bitcoin price will going to the moon. because China only play they game, now they banned cryptocurrency, next time they created a good regulation of cryptocurrency... So prepare for that time... Cheesy Cheesy

Thank god they banned exchanges! They can't manipulate the market any longer. This is good.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
September 23, 2017, 11:24:50 AM
#23
To be more specific Chinese traders and investors are playing a game. Up to now, it is rumored that the whole Chinese drama is staged and that Chinese investors are the mastermind to short the hell out of the mayhem it caused, which they succesfully did. Give it a few months, and there goes another news that China is reconsidering their decision in regards to bitcoin exchanges and trades.

China or without China, the market will strive with new players in the table.
full member
Activity: 504
Merit: 100
September 23, 2017, 08:25:00 AM
#22
yes it must be only the game of china to profit from the declining bitcoin price that in panic selling, and now bitcoin prices have started to go up and up keep the price, and we also have no harm to put our money in bitcoin as future investment, because seen of the bitcoin price increase each year.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
September 23, 2017, 07:43:26 AM
#21
Chinese users are only a fraction of bitcoin users, are they important? Yes, but the community can survive without China. Last time I checked they control less than twelve percent of bitcoins traded.
they still have an impact to make some shake because there are many people still new to this industry, so every moment that they do some action those newcomers and weak holders are reacting thinking that the value is controlled by china not thinking that whales are also just around and waiting for them
to sell their cheap coins.

yah don't forget that whales have the ability to move the market and china itself is a whale so there will be always a significant impact. although in my opinion this crackdown is not

enough to bring an end to bitcoin, yes the price will crash but i'tll surely go back to its higher price. just to be clear china didn't completely ban bitcoin and altcoins but there is a

severe measures to discouraged users such as banning ico's and ordering some exchanges to close
newbie
Activity: 15
Merit: 0
September 23, 2017, 07:33:10 AM
#20
It is a possibility that bitcoin price will go to the moon. I guess it will go towards 20000-50000 in 1-3 years. China is the main producer of bitcoin and knows what is doing to protect its people and their wealth. If I were Chinese and the biggest producer of bitcoin I would the same. Of course I would want to have all the bitcoin that I produce for me and appreciate its value.  
It's rumored that they are planning to ban mining...which would be a total clusterfuck in the crypto world if they do that. The previous bans would be nothing compared to the effects a mining ban would have...
sr. member
Activity: 826
Merit: 250
Bitgesell (BGL) Decentralized Cryptocurrency!
September 23, 2017, 07:29:58 AM
#19
Bitcoin price will going to the moon. because China only play they game, now they banned cryptocurrency, next time they created a good regulation of cryptocurrency... So prepare for that time... Cheesy Cheesy
I am agree with you. when bitcoin price down they try to buy huge amount and hold .you can see  bitcoin price 3000$ for last week.and many people afraid and sell there bitcoin.china play a game for bitcoin and hope after few month or week bitcoin again pump Cool Cool
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
September 23, 2017, 06:42:45 AM
#18
Chinese users are only a fraction of bitcoin users, are they important? Yes, but the community can survive without China. Last time I checked they control less than twelve percent of bitcoins traded.
they still have an impact to make some shake because there are many people still new to this industry, so every moment that they do some action those newcomers and weak holders are reacting thinking that the value is controlled by china not thinking that whales are also just around and waiting for them
to sell their cheap coins.
full member
Activity: 168
Merit: 100
September 23, 2017, 06:36:56 AM
#17
It's really really hard to predict what china will do. Maybe they think they have the power to shut down crypto in this still early stage to maintain their power over their people. They know that crypto can't be stopped and for that way they have to make the best out of it. Regulate it as much and good as possible. And of course they would try to have leading role if they can't stop it.

In my opinion we will find out which path China is taking before 2017 ends.
member
Activity: 84
Merit: 10
September 23, 2017, 06:19:26 AM
#16
Chinese users are only a fraction of bitcoin users, are they important? Yes, but the community can survive without China. Last time I checked they control less than twelve percent of bitcoins traded.
hero member
Activity: 1132
Merit: 536
September 23, 2017, 06:16:19 AM
#15
they banned crypto cuz they want to buy in bulk in cheap..crypto will be unbanned wen there bags will be full of cheap btc  Grin Grin Grin that time btc will be on mars
hero member
Activity: 2646
Merit: 686
September 23, 2017, 06:15:45 AM
#14
Bitcoin price will going to the moon. because China only play they game, now they banned cryptocurrency, next time they created a good regulation of cryptocurrency... So prepare for that time... Cheesy Cheesy

I don't understand why are we even bothered to look what China can do or won't do. China market share is less than 10% and even that will disappear and move to Hong Kong and Japan. It's about time that this was to happen. I feel China won't be able to influence the market anymore, and it's like of Japan and Russia that will lead the prices up and running. Time to move on from China.
legendary
Activity: 3192
Merit: 1198
Bons.io Telegram Casino
September 23, 2017, 06:11:21 AM
#13
Bitcoin price will going to the moon. because China only play they game, now they banned cryptocurrency, next time they created a good regulation of cryptocurrency... So prepare for that time... Cheesy Cheesy

I hope they are only playing a game but I believe it's unlikely based on what I've read they just want to protect their people from scam ico, that is why they are regulating it, this news hampered the growth of bitcoin and we are in limbo because the price is going up and down.
sr. member
Activity: 420
Merit: 250
September 23, 2017, 06:02:08 AM
#12
Bitcoin price will going to the moon. because China only play they game, now they banned cryptocurrency, next time they created a good regulation of cryptocurrency... So prepare for that time... Cheesy Cheesy
But for now they are really banned cryptocurrency, but nobody knows what their reasons for forbid whether for political purposes or personal plans
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
September 23, 2017, 05:49:35 AM
#11
There is something that boggles me a bit...

None has chinese crypto friends who can inform about the truth? There are no chinese users of this forum who can tell?

Lack of confirmation of whether this is true or not is very very strange.
staff
Activity: 3038
Merit: 568
APP下载sbapp.io
September 23, 2017, 05:48:40 AM
#10
It is only a matter of time before bitcoin price start rising once the Chinese government allow the bitcoin exchanges to start operating again with new rules and regulations set by them, at the moment, the best option is to hold all bitcoins and altcoins in your cold wallet.
sr. member
Activity: 476
Merit: 255
September 23, 2017, 05:41:23 AM
#9
Yeah, don't panic with the news from China. Although China no longer uses bitcoin, other countries still use it. And do you know ? I think it's better if China really blocked it Cheesy
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