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Topic: Chinese new year crash from today - page 2. (Read 266 times)

member
Activity: 126
Merit: 10
DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh
February 14, 2018, 11:56:48 AM
#10
Also millennials receiving their hong-baos (red packets) from their parents and older relatives might also feel compelled to inject them into cryptos.. as I would.
full member
Activity: 321
Merit: 100
Token That Will Transform The Venture Capital Mark
February 14, 2018, 11:54:59 AM
#9
I do think the opposite. Chinese new year is ending and once it is over chinese will buy tons of bitcoin and altcoins, this will make the prices go higher. Bitcoin and altcoins are in bear season because of chinese vacation and now it is coming to end, no need to make fud on this.
member
Activity: 126
Merit: 10
DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh
February 14, 2018, 11:51:59 AM
#8
Uh oh Chinese new year is 1 day away and people are cashing out and bitcoin will be falling again starting today.

Would love to buy more cryptos at a cheap price again too! But I think it is a fat-hope, seeing how much FOMO is out there right now.
member
Activity: 93
Merit: 10
February 14, 2018, 11:50:07 AM
#7
Keep calm! That's just for 2 weeks!
hero member
Activity: 1778
Merit: 520
February 14, 2018, 11:40:43 AM
#6
Uh oh Chinese new year is 1 day away and people are cashing out and bitcoin will be falling again starting today.

I don't think that Chinese new year will have any major impact on the value of the bitcoins. After the strict stance by the Chinese government, most of the panicked investors have already withdrawn their investments from the cryptomarket. Market has been recovered from that fall and bitcoin has already crossed 9k mark and it doesn't look like there will be any correction within 2-3 days.

right now price is above $9000+ and you have lost your chance of buying it. and if things go on like this and the resistance is broken price can easily reach $14000 in less than a week.

Even I think that bitcoin will hit the 14k level within few weeks.
hero member
Activity: 994
Merit: 544
February 14, 2018, 11:34:37 AM
#5
Uh oh Chinese new year is 1 day away and people are cashing out and bitcoin will be falling again starting today.

I do not care about the Chinese.  They are always becoming the reason why bitcoin always fall.  I hope that what you said in not true.  Because bitcoin price right now is going up.  Maybe those who are cashing out are those who are just wanted to buy some.  
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
February 14, 2018, 11:23:06 AM
#4
Uh oh Chinese new year is 1 day away and people are cashing out and bitcoin will be falling again starting today.

you sound like someone who missed their chance of buying bitcoin when it dropped down drastically to $5900 or probably you sold your coins there!

right now price is above $9000+ and you have lost your chance of buying it. and if things go on like this and the resistance is broken price can easily reach $14000 in less than a week.

all the news about Chinese new year is already a couple of weeks old...
member
Activity: 182
Merit: 11
February 14, 2018, 11:19:54 AM
#3
well thats normal sir. you cannot command the investor if they want to cashout their bitcoin and altcoin. of course the price of bitcoin will be go down if they cashout their balance on their wallet.. but you can't stop them of what they want.. see what happen of the price of bitcoin before and after Christmas and new year day. this only the example..
jr. member
Activity: 75
Merit: 1
February 14, 2018, 11:12:33 AM
#2
Uh oh Chinese new year is 1 day away and people are cashing out and bitcoin will be falling again starting today.

hmmm, but up to now, it is the opposite. Not only for bitcoin, but also for altcoins. With many regulations, maybe Chinese contribution is not significant now, or maybe they already cashed out as they should have bought gifts etc by now. Now maybe with meeting friends, they talk about cryptocurrency, and will see increase in prices.
jr. member
Activity: 196
Merit: 1
February 14, 2018, 10:47:12 AM
#1
Uh oh Chinese new year is 1 day away and people are cashing out and bitcoin will be falling again starting today.
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