Don't fall for the chinese scammers trying to make you panic sell

bitbunnny

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Quote from: ekoice on January 31, 2017, 05:35:54 AM

Quote from: manselr on January 19, 2017, 08:28:47 AM

The chinese are using the PBOC as an excuse to crush the price and short and use all the panic sellers on their advantage.

How do we stop them and fuck them up? easy, don't panic sell when they release more PBOC messages. If they see that they can't manipulate the price with those PBOC messages,, they will try to stop shorting and they will start longing pushing the price up.

Exactly.Just turn a deaf year to such rumours.Just hold your bitcoins. I would rather advice you to even buy some more bitcoins as i hope price wouldnot fall below this and would start rising again once the chinese start buying bitcoins in large volume.Even though we know china holds maximum number of bitcoins and a small change in china affects bitcoin market world wide, just analyse any information you get related to bitcoin market in china.By doing so, you could avoid getting panic.

I agree, panic and random selling is of no use to anyone. Keep your head cool, collect as much information as you can and then make decision, otherwise you could be sorry later. Analysing Bitcoin information related to China is good way to start, by now we all know they are very important factor on Bitcoin market

ekoice

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Quote from: manselr on January 19, 2017, 08:28:47 AM

The chinese are using the PBOC as an excuse to crush the price and short and use all the panic sellers on their advantage.

How do we stop them and fuck them up? easy, don't panic sell when they release more PBOC messages. If they see that they can't manipulate the price with those PBOC messages,, they will try to stop shorting and they will start longing pushing the price up.

Exactly.Just turn a deaf year to such rumours.Just hold your bitcoins. I would rather advice you to even buy some more bitcoins as i hope price wouldnot fall below this and would start rising again once the chinese start buying bitcoins in large volume.Even though we know china holds maximum number of bitcoins and a small change in china affects bitcoin market world wide, just analyse any information you get related to bitcoin market in china.By doing so, you could avoid getting panic.

cryp24x

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Quote from: mbuk81 on January 30, 2017, 06:36:20 PM

Quote from: manselr on January 19, 2017, 08:28:47 AM

The chinese are using the PBOC as an excuse to crush the price and short and use all the panic sellers on their advantage.

How do we stop them and fuck them up? easy, don't panic sell when they release more PBOC messages. If they see that they can't manipulate the price with those PBOC messages,, they will try to stop shorting and they will start longing pushing the price up.

The price will rise and fall with out the help of the Chinese and users of bitcoins will only sell if they want to if this increase the price of bitcoins I'm sure more users might sell but then more new users will join the bitcoin revolution and that it self will make the price rise and bitcoins so lety them try and thefn there be more profit in bitcoins for us all

But with Chinese people buying Bitcoin, it is easier to make its price increase. Definitely Bitcoin is still volatile even without the Chinese in the scene but isn't it great if Bitcoin have those Chinese population to adopt it?

Well, I agree that to counter this PBOC announcement is to become idle whenever they release a bad press. They will eventually learn that their effort to FUD BTC is just a waste and probably think of another way. It is a business, and PBOC wanted to take incharge LOL.

mbuk81

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Quote from: manselr on January 19, 2017, 08:28:47 AM

The chinese are using the PBOC as an excuse to crush the price and short and use all the panic sellers on their advantage.

How do we stop them and fuck them up? easy, don't panic sell when they release more PBOC messages. If they see that they can't manipulate the price with those PBOC messages,, they will try to stop shorting and they will start longing pushing the price up.

The price will rise and fall with out the help of the Chinese and users of bitcoins will only sell if they want to if this increase the price of bitcoins I'm sure more users might sell but then more new users will join the bitcoin revolution and that it self will make the price rise and bitcoins so lety them try and thefn there be more profit in bitcoins for us all

cramcram21

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Quote from: manselr on January 19, 2017, 08:28:47 AM

The chinese are using the PBOC as an excuse to crush the price and short and use all the panic sellers on their advantage.

How do we stop them and fuck them up? easy, don't panic sell when they release more PBOC messages. If they see that they can't manipulate the price with those PBOC messages,, they will try to stop shorting and they will start longing pushing the price up.

thanks I would definitely put that in mind,
and I will never try to panic when ever I read some article about some price crush.

ivanst776

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Quote from: manselr on January 19, 2017, 08:28:47 AM

The chinese are using the PBOC as an excuse to crush the price and short and use all the panic sellers on their advantage.

How do we stop them and fuck them up? easy, don't panic sell when they release more PBOC messages. If they see that they can't manipulate the price with those PBOC messages,, they will try to stop shorting and they will start longing pushing the price up.

Big traders should hear these words and I think that they already have tried but mostly the traders are not patient and so they trade as much as they can.

I'm trying to not spend any satoshi neither selling them for cash because I think that bitcoin has potential to have its value at 4 digits for the next few years.

beerlover

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Quote from: MFahad on January 29, 2017, 02:54:06 AM

Quote from: kahir on January 26, 2017, 06:46:10 PM

Don't you think there is connection between PBOC officials and chinese exchange platform owners?
They have said that investigation will run for next 7 days and even more and in meantime price is pumping slowly now i think we will see another fud from them saying PBOC find money laundering activity involved to panic traders and dump the price to buy back again.

I think it time to realize that bitcoin has value in itself and it cant be controlled only by Chinese mafia. We should not pay attention to these fuds and keep our bitcoins save. This way these fuds will vanish and bitcoin will flourish as always. My advice no need to be panic on any news.

Bitcoin is not under control of China or any other country. Bitcoin is decentralized and will remain decentralized forever, hence no mafia is able to control it. As time pass bitcoin is becoming stronger than its previous position, because people are adopting bitcoin in a great number. Obviously no need to get panic.

manselr

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Quote from: poetra2501 on January 27, 2017, 12:03:11 PM

Quote from: manselr on January 19, 2017, 08:28:47 AM

The chinese are using the PBOC as an excuse to crush the price and short and use all the panic sellers on their advantage.

How do we stop them and fuck them up? easy, don't panic sell when they release more PBOC messages. If they see that they can't manipulate the price with those PBOC messages,, they will try to stop shorting and they will start longing pushing the price up.

But, we are know that China is the most widely using of Bitcoin.
Very reasonable if the PBOC issued a message encouraging the
Chinese people to be more careful with business bitcoin.

The PBOC has by now issued statements for more than 3 times advicing about how bitcoin is dangerous because its very volately, and each time they have done so, the price has crashed. If they have learned something and actually want to help people from lossing money, they should keep their dumb mouths shut. If they continue, it's safe to assume they are doing insider trading and using those PBOC statements to get short positions then drop the statement and collect the money.

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Quote from: MFahad on January 29, 2017, 02:54:06 AM

Quote from: kahir on January 26, 2017, 06:46:10 PM

Don't you think there is connection between PBOC officials and chinese exchange platform owners?
They have said that investigation will run for next 7 days and even more and in meantime price is pumping slowly now i think we will see another fud from them saying PBOC find money laundering activity involved to panic traders and dump the price to buy back again.

I think it time to realize that bitcoin has value in itself and it cant be controlled only by Chinese mafia. We should not pay attention to these fuds and keep our bitcoins save. This way these fuds will vanish and bitcoin will flourish as always. My advice no need to be panic on any news.

the value of bitcoin is increasing from time to time, as soon as the mass adoption is increasing bitcoin value is also increasing and it is becoming more difficult for for a country either it is china or any other country to control bitcoin, bitcoin a decentralize currency and will remain decentralize for ever.

Caladonian

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Quote from: MFahad on January 29, 2017, 02:54:06 AM

Quote from: kahir on January 26, 2017, 06:46:10 PM

Don't you think there is connection between PBOC officials and chinese exchange platform owners?
They have said that investigation will run for next 7 days and even more and in meantime price is pumping slowly now i think we will see another fud from them saying PBOC find money laundering activity involved to panic traders and dump the price to buy back again.

I think it time to realize that bitcoin has value in itself and it cant be controlled only by Chinese mafia. We should not pay attention to these fuds and keep our bitcoins save. This way these fuds will vanish and bitcoin will flourish as always. My advice no need to be panic on any news.

well correct if you really an investors the first thing that you need to remember that this investment will grow in a period of time its just up to you if how long you can wait and how much you wants to earn, in the eyes of a believer its always a win win situations, only weak holders are the ones who caught in the middle when whales started to play around,.

MFahad

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Quote from: kahir on January 26, 2017, 06:46:10 PM

Don't you think there is connection between PBOC officials and chinese exchange platform owners?
They have said that investigation will run for next 7 days and even more and in meantime price is pumping slowly now i think we will see another fud from them saying PBOC find money laundering activity involved to panic traders and dump the price to buy back again.

I think it time to realize that bitcoin has value in itself and it cant be controlled only by Chinese mafia. We should not pay attention to these fuds and keep our bitcoins save. This way these fuds will vanish and bitcoin will flourish as always. My advice no need to be panic on any news.

poetra2501

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Quote from: manselr on January 19, 2017, 08:28:47 AM

The chinese are using the PBOC as an excuse to crush the price and short and use all the panic sellers on their advantage.

How do we stop them and fuck them up? easy, don't panic sell when they release more PBOC messages. If they see that they can't manipulate the price with those PBOC messages,, they will try to stop shorting and they will start longing pushing the price up.

But, we are know that China is the most widely using of Bitcoin.
Very reasonable if the PBOC issued a message encouraging the
Chinese people to be more careful with business bitcoin.

cengsuwuei

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where youre can get information if china people can dump bitcoin
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Don't you think there is connection between PBOC officials and chinese exchange platform owners?
They have said that investigation will run for next 7 days and even more and in meantime price is pumping slowly now i think we will see another fud from them saying PBOC find money laundering activity involved to panic traders and dump the price to buy back again.

BitcoinPanther

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Quote from: amacar2 on January 19, 2017, 01:04:56 PM

Quote from: manselr on January 19, 2017, 08:28:47 AM

The chinese are using the PBOC as an excuse to crush the price and short and use all the panic sellers on their advantage.

Don't you think there is connection between PBOC officials and chinese exchange platform owners?
They have said that investigation will run for next 7 days and even more and in meantime price is pumping slowly now i think we will see another fud from them saying PBOC find money laundering activity involved to panic traders and dump the price to buy back again.

That had been in my thought recently, PBOC always butt in to cause fear and trigger massive dump among the holder. I think this PBOC is actually acquiring Bitcoin and that when they want to short, they announce a bad press and voila, shorting is successful because of those people who will start to panic and sell their bitcoin at the lowest price.

BillyBobZorton

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Quote from: cellard on January 25, 2017, 09:55:50 AM

Quote from: dhampir-D on January 25, 2017, 09:08:31 AM

Quote from: burner2014 on January 20, 2017, 08:57:01 AM

Quote from: ged00u on January 20, 2017, 03:26:18 AM

Totally agree. I will never sell my Bitcoin no matter how low the prices are. I never feel panic when I see the prices drop. However, I find that there are not many people are the same as me. Most of them sell their Bitcoin whenever they see the prices lower than they expect. That causes a lot of damage to the Bitcoin prices and the market. Poor those people.

We cannot blame people if they sell their bitcoin whenever the price goes low that is their own strategy in earning. The impractical thing is when you sell all your bitcoin because of panic selling and regret after the day when you saw that bitcoins price becomes higher.

Now that you've talked about panic selling, I think part of the recent sell-off is certainly related to it, because the end of these types of operationss in exchanges that do not use fees is probably something that will bring benefits to Bitcoin in the long run, and people who know Bitcoin very well know that this will not affect the use of it.

What me and a lot of other people has noticed is that chinese regulations cause market crashes, which then get quickly bought up again. The first market crash was the worst one, right now is not as bad anymore, but it's clear that it's still something seen as somewhat negative even tho it's actually good.. the first one was a lot of expected market correction too tho, not only any related news. The priced had to correct, it was climbing too fast in a couple of days.

Traders are going to use whatever they can to profit from the market swings, they don't really care if the price crashes 30%, that's an opportunity for traders to gamble with and make gains.

Traders are like hitmen... they don't care and are just in for the kill. It's only the long term investors that care about the project being a success long term.

Those waiting for a big crash to short will never see it. There is not going to be a 2013 situation again, we are way more solid now. In fact, we are climbing back to 1000 right now.

Kotone

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ive been scammed once thats why im not trusting anybody because ive once trust somebody but it turned out to be a scammed thats why ireally hate him for that beacuse he just said that i dont need to trust anybody just to pleasedd them just like that. make Chinese group of scammer go topolice station so that they will have a great sentence in life

yonton

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Whats stopping huobi Okcoin and other chinese btc exchanges from operating in another country that has no bitcoin regulation? Go right back to the way they were operating without interference from PBOC.

Wolf Rainer

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The chineses rules this market so long ago. We dont have a chance againts them. They manage all the biggest exchanges and the biggest mining pool, so basically they owns the bitcoin ecosystem in self.

Sundark

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Quote from: 1Referee on January 20, 2017, 03:32:07 AM

It doesn't matter how much you warn/advice people not to sell their coins in panic. People are 1) not familiar with trading in general, and especially not the hostile market that Bitcoin is. 2) People invest with money that they either can't miss in their personal life, or they borrow money to invest in Bitcoin. In that regard, they try their best to not mess up and start selling to prevent further losses. In their mind they are doing the right thing, while they don't see how much they harm themselves. Another thing with these people is that they mostly always buy at the top, where it results in even more pressure.

Very good insight. You just characterized majority of bitcoin traders. Nothing bu week hands selling at the first sign of bad news.
Furthermore so far China was plagued by margin trading, people were dealing with borrowed money all along, now then margin trading is gone they are panicking.

Topic: Don't fall for the chinese scammers trying to make you panic sell (Read 2073 times)