Good news to bitcoin traders. - page 15.

glowing10

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Quote from: nayanam on September 14, 2017, 06:15:18 AM

anyhow bitcoin will fall under $2000 and will rise again.
according to me it is not correct time to invest now, wait for few more days Roll Eyes

I too have started to believe now that investment at this time needs to be avoided. It seems that overall there will be a negative impact after CEO of JPM have started that bitcoin is a fraud. Least we can expect now is that some other country do not ban bitcoin else might be bitcoin will fall drastically in coming days itself.

Absentis

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Quote from: omonuyak on September 14, 2017, 02:09:13 AM

"Chinese government said it is impossible to ban bitcoin that they are just trying to regulate it and they actions should benefits blockchain" https://www.reddit.com/r/Bitcoin/comments/6zzmyy/official_press_of_china_it_is_impossible_to_ban/ for fundamental analysis traders, the best time to buy bitcoin is now as this is the best significant news that come from China after the banned of ico and the fake news or rumor of banned of cryptocurrency exchangers in China.

If this is really a real news not a fake news then this is indeed this is a good news we just hope that this new information will recover immediately the declining value of bitcoins and altcoins which is now in effect this week due to the news that China ban the ICO and the bitcoin. But if this news is true or not i believe the declining value is just temporary because of those panic people in which maybe they sell their bitcoin and altcoin quickly.

Imran1271

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Quote from: FrueGreads on September 14, 2017, 05:49:13 AM

Quote from: omonuyak on September 14, 2017, 02:09:13 AM

"Chinese government said it is impossible to ban bitcoin that they are just trying to regulate it and they actions should benefits blockchain" https://www.reddit.com/r/Bitcoin/comments/6zzmyy/official_press_of_china_it_is_impossible_to_ban/ for fundamental analysis traders, the best time to buy bitcoin is now as this is the best significant news that come from China after the banned of ico and the fake news or rumor of banned of cryptocurrency exchangers in China.

Those are good news, but since they are not official, they are just as good as the news from them ban itself. People really need to stop over reacting on rumors, and just wait for the official news. I wouldn't be surprised if these supposed news, were just leaks in order to manipulate the price of BTC, so that the government itself can get their hands on cheep bitcoins.

Just awesome told you sir, i appreciate your opinion. All the whole world have to chear up with bitcoin today or tomorrow that i believe heartly because l love bitcoin so much and i looking forward to hear the china govt. official news.

nayanam

newbie

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anyhow bitcoin will fall under $2000 and will rise again.
according to me it is not correct time to invest now, wait for few more days Roll Eyes

sartorpc

sr. member

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According to reddit top comment:

"It's not a statement from the government, it's another opinion written by a "Department of North University Guanghua Professor "

but the good news are that the article has been published in the chinese media (controlled by the goverment) so they kinda accept this affirmation right?

maurobiasolo

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http://scientificcoin.com/

In my opinion, for an official decision, we need to wait for the end of the Communist party in October. China government has been stopping several type of investments (including real estate and soccer, for example) mostly for internal political reasons. When XI is getting the confirmation, he s likely to reopen them.

panagiotisgia

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Any official link for this announcement ?

FrueGreads

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Quote from: omonuyak on September 14, 2017, 02:09:13 AM

"Chinese government said it is impossible to ban bitcoin that they are just trying to regulate it and they actions should benefits blockchain" https://www.reddit.com/r/Bitcoin/comments/6zzmyy/official_press_of_china_it_is_impossible_to_ban/ for fundamental analysis traders, the best time to buy bitcoin is now as this is the best significant news that come from China after the banned of ico and the fake news or rumor of banned of cryptocurrency exchangers in China.

Those are good news, but since they are not official, they are just as good as the news from them ban itself. People really need to stop over reacting on rumors, and just wait for the official news. I wouldn't be surprised if these supposed news, were just leaks in order to manipulate the price of BTC, so that the government itself can get their hands on cheep bitcoins.

buwaytress

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Quote from: haroldtee on September 14, 2017, 04:49:09 AM

Sure! You cannot blame them but the funniest part is if you tell them from experience, they end up thinking you are insane or you have no idea what you are talking about. I feel the best is to always allow them to fall for such news so that they can end up learning from their mistakes for the future. I can imagine the huge smile, laugh, and party going on among the whalers right now.

I didn't react to the rumour mill (not by selling anything, anyway) and I'm sure the majority of actual holders didn't as well. At the same time, this latter behaviour (of yesterday, not the weekend) does seem like some people are learning their lessons from 2013 and 2014.

I'm pretty sure whales would have at least diversified out a small portion of their coins. In fact, it's a natural hedging strategy. There would also have been those whose stop losses simply triggered at $3990 or lower, when they bought at low $4,000s as the uptrend did not happen. That would help explain the shedding in exchanges other than in South Korea (Bithumb).

marketone

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Quote from: swiftblade on September 14, 2017, 02:17:37 AM

That good news bring back the fresh air.

Seems like bitcoin price start rising this early morning since that article released

It will raise because only people are panic about the news that's all. People should remember one thing why do people will react to news because there are many other major countries where Bitcoin transaction are legit. Those who are talking negatively in the background they bought tons of Bitcoin for their future.

sasaki111

newbie

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So you mean that the new " China's goverment decided to ban exchanging Bitcoin" is just a fake new ? Maybe this new is giving to the community by Chinese's mafia ? They want to gather Bitcoin all over the world ?

haroldtee

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Quote from: Kemarit on September 14, 2017, 03:59:35 AM

Quote from: 1Referee on September 14, 2017, 03:53:20 AM

Quote from: nl247 on September 14, 2017, 03:36:14 AM

I do not really see this as any news since Chinese never came out to say they were banning bitcoin in the first place. Some whales only took that as a means to make gullible people react to the market so they can buy at low price. Good for those who fell for it.

That. People should think for once; is it really coincidence that each time the price is going up significantly, Chinese fud is popping up? As long as people keep reacting to this sort of fud, the sentiment, and eventually the market will continue to get affected. This behavior only incentivizes the entities behind this fud to continue doing what they are doing - it works every time. It just shows that a lot people here don't know what Bitcoin is, or how this market works and gets affected - these people are blatantly gambling with their savings.

You can't really blame those guys who very much reacted to every negative news today, specially coming from the Chinese. Those are really weak hands indeed and the strong hands are laughing out loud seeing people falling for their trap. Yes, those entities from behind had already made millions out of this speculative market and entering again at this very floor price. The best thing for us is to really warn them not to panic and keep calm from this drop. But I guess they are really nervous about losing their investment and the only way to exit is to sell without thinking that the logical option is just to hodl. Let them regret their decision and learn their lessons in the hard way. We have already done our part or the bargain.

Sure! You cannot blame them but the funniest part is if you tell them from experience, they end up thinking you are insane or you have no idea what you are talking about. I feel the best is to always allow them to fall for such news so that they can end up learning from their mistakes for the future. I can imagine the huge smile, laugh, and party going on among the whalers right now.

nappoleon

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Activity: 322

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It's all just FUD, news are sensationalized. Rumor is PBoC will shutdown china-based exchanges without license. There's another rumor that China is trying to create CNYtether using NEO blockchain. Will see.....

Yuhee

sr. member

Activity: 546

Merit: 250

Quote from: Kemarit on September 14, 2017, 03:59:35 AM

Quote from: 1Referee on September 14, 2017, 03:53:20 AM

Quote from: nl247 on September 14, 2017, 03:36:14 AM

I do not really see this as any news since Chinese never came out to say they were banning bitcoin in the first place. Some whales only took that as a means to make gullible people react to the market so they can buy at low price. Good for those who fell for it.

That. People should think for once; is it really coincidence that each time the price is going up significantly, Chinese fud is popping up? As long as people keep reacting to this sort of fud, the sentiment, and eventually the market will continue to get affected. This behavior only incentivizes the entities behind this fud to continue doing what they are doing - it works every time. It just shows that a lot people here don't know what Bitcoin is, or how this market works and gets affected - these people are blatantly gambling with their savings.

You can't really blame those guys who very much reacted to every negative news today, specially coming from the Chinese. Those are really weak hands indeed and the strong hands are laughing out loud seeing people falling for their trap. Yes, those entities from behind had already made millions out of this speculative market and entering again at this very floor price. The best thing for us is to really warn them not to panic and keep calm from this drop. But I guess they are really nervous about losing their investment and the only way to exit is to sell without thinking that the logical option is just to hodl. Let them regret their decision and learn their lessons in the hard way. We have already done our part or the bargain.

Well cant really blame them because for most users who had been here longer than us could just see this issue as another pump. Btc is virtual so government does not really have an upperhand in it cause its run by developers or what you said big entities. We are just users and sometimes it is a gamble to invest here but at least there is a profit in long term or even short term.

Kemarit

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Quote from: 1Referee on September 14, 2017, 03:53:20 AM

Quote from: nl247 on September 14, 2017, 03:36:14 AM

I do not really see this as any news since Chinese never came out to say they were banning bitcoin in the first place. Some whales only took that as a means to make gullible people react to the market so they can buy at low price. Good for those who fell for it.

That. People should think for once; is it really coincidence that each time the price is going up significantly, Chinese fud is popping up? As long as people keep reacting to this sort of fud, the sentiment, and eventually the market will continue to get affected. This behavior only incentivizes the entities behind this fud to continue doing what they are doing - it works every time. It just shows that a lot people here don't know what Bitcoin is, or how this market works and gets affected - these people are blatantly gambling with their savings.

You can't really blame those guys who very much reacted to every negative news today, specially coming from the Chinese. Those are really weak hands indeed and the strong hands are laughing out loud seeing people falling for their trap. Yes, those entities from behind had already made millions out of this speculative market and entering again at this very floor price. The best thing for us is to really warn them not to panic and keep calm from this drop. But I guess they are really nervous about losing their investment and the only way to exit is to sell without thinking that the logical option is just to hodl. Let them regret their decision and learn their lessons in the hard way. We have already done our part or the bargain.

1Referee

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Quote from: nl247 on September 14, 2017, 03:36:14 AM

I do not really see this as any news since Chinese never came out to say they were banning bitcoin in the first place. Some whales only took that as a means to make gullible people react to the market so they can buy at low price. Good for those who fell for it.

That. People should think for once; is it really coincidence that each time the price is going up significantly, Chinese fud is popping up? As long as people keep reacting to this sort of fud, the sentiment, and eventually the market will continue to get affected. This behavior only incentivizes the entities behind this fud to continue doing what they are doing - it works every time. It just shows that a lot people here don't know what Bitcoin is, or how this market works and gets affected - these people are blatantly gambling with their savings.

maokoto

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Quote from: TravelMug on September 14, 2017, 03:19:53 AM

This is a breath of fresh air. However, the damaged has been already and seeing the price now at $3800-$3900. I consider the earlier fake news that someone or some big entities have already benefited from the string of negatives news coming from China. Maybe they have sold already around $4700-$4800 at the height of the massive bullrun, and they spreading fake news so that they can buy in this dip. I already think that Chinese banning or closing down local exchanges are really a band move on their side. They should put a tighter regulation and this is a win-win for all of us. Hope that the dust is cleared already and investors started to go gather and buy bitcoins once again.

I agree. This seems a bit orchestrated by someone to buy cheaper bitcoins. But that is not bad either. It means they will buy again, so Bitcoin will recover. And maybe is time to buy a little more now.

bucksman5233

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Quote from: nl247 on September 14, 2017, 03:36:14 AM

I do not really see this as any news since Chinese never came out to say they were banning bitcoin in the first place. Some whales only took that as a means to make gullible people react to the market so they can buy at low price. Good for those who fell for it.

Yes actually it's true
Bitcoin was expected to fall below $4000 earlier than this Chinese FUD has started. I don't know why people are panicking like hell by seeing FUD news. On top of this JP Morgan CEO's news had reached main stream media and people that this is the end.
Some people can't digest BTC going down a certain percentage but when it's going up they'll be yelling at BTC like "Go to moon!"

nl247

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I do not really see this as any news since Chinese never came out to say they were banning bitcoin in the first place. Some whales only took that as a means to make gullible people react to the market so they can buy at low price. Good for those who fell for it.

ajaymartin

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the best news whole day.

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