Guys, this time it's extremely serious!

stepwilli

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Quote from: Falgorn on September 26, 2017, 01:07:10 AM

If with the prohibitions of crypto currency in China everything will be very serious, then the world community in the crypto currency market will be able to do without China. In addition, I do not think that the Chinese will be so blocked that they can not find a way out of this situation. In my opinion, if the restrictions are introduced, then nothing will come out of this vseravno.

Still I am sure enough that this is only FUD. China is not that much fool who ban bitcoin and then in upcoming future they would be just seeing the world transacting in bitcoins and they would be just regretting the moment of banning.

This will not happen, these news were dead last three days and now again they made it roamed throughout the internet. Don’t believe these news.

rjbtc2017

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Quote from: Sithara007 on September 26, 2017, 08:53:44 PM

Quote from: rjbtc2017 on September 26, 2017, 02:02:00 AM

Then Let China do this stupid thing, but i do really think that they are now pushing the full regulations to regulate these exchanges, it may really affect Bitcoin's price but that's because of Bitcoin holders with Weak hand that easily falls into trap like this, this is certainly a FUD. as long as there is community that supports bitcoin, bitcoin shall stay strong amid of this issues.

The problem is not just with China. What will happen if the other countries take notice of the China ban, and implement similar measures in their jurisdictions? And don't think that China is a small player. For heaven's sake it is the second largest economy in the world (and it is expected to overtake the American economy quite soon).

China is not a big problem here. Look despite of their recent issues Bitcoin is still going up. The main problem here is the bitcoin community support that falls into trap easily by the articles and news that is producing out FUD to all bitcoiners out there. China isn't a small player here, that's why it is better to make their decision final to ban these things, When China banned facebook "The Chinese government controls Internet content and restricts, deletes, or bans content it deems is not in the interest of the state." did the other countries did the same? Probably NO!?. Bitcoin is really a threat to chinese government that's why they creating these steps in order to maintain the regulation on their country, or maybe they will release their own coin.
But overall, I do want china to get out of Bitcoin/CryptoCurrency System. I don't like bullies.

Sithara007

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Quote from: rjbtc2017 on September 26, 2017, 02:02:00 AM

Then Let China do this stupid thing, but i do really think that they are now pushing the full regulations to regulate these exchanges, it may really affect Bitcoin's price but that's because of Bitcoin holders with Weak hand that easily falls into trap like this, this is certainly a FUD. as long as there is community that supports bitcoin, bitcoin shall stay strong amid of this issues.

The problem is not just with China. What will happen if the other countries take notice of the China ban, and implement similar measures in their jurisdictions? And don't think that China is a small player. For heaven's sake it is the second largest economy in the world (and it is expected to overtake the American economy quite soon).

rjbtc2017

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Activity: 322

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Quote from: nidacoinlove on September 26, 2017, 05:36:13 AM

Quote from: rjbtc2017 on September 26, 2017, 02:02:00 AM

Quote from: 2double0 on September 14, 2017, 03:08:03 PM

Undoubtedly, the BTCChina news affected the markets and it was hit hard by investors who sold in pure panic.
But this is going very serious as after this, Litecoin creator Charlie Lee said in a reply to cnLedger's tweet that: "OKCoin and Huobi are meeting with regulators tomorrow. They might soon change their tune." - https://twitter.com/SatoshiLite/status/908375715279597570

It looks like China has taken its decision and is prepared to shut down these exchanges there. This may prove to be the toughest times in the history of Bitcoins and all this has endangered as well as challenged the existence of Bitcoins that whether a country's decision may ruin everything or not.

There's still a light of hope for everyone because the same guy, Lee said in his own tweet that: "This is a good thing. China can no longer play with the markets by banning Bitcoin. Crypto-currency cannot be killed by any country." - https://twitter.com/SatoshiLite/status/908379371571863553

Bitcoin still looks in a dilemma-tic situation here and the road upwards is looking hard if we consider charts which show that selling pressure has gone extremely high atm and control over buy side has been lost.

Then Let China do this stupid thing, but i do really think that they are now pushing the full regulations to regulate these exchanges, it may really affect Bitcoin's price but that's because of Bitcoin holders with Weak hand that easily falls into trap like this, this is certainly a FUD. as long as there is community that supports bitcoin, bitcoin shall stay strong amid of this issues.

This could be an option if the Chinese government plans to regulate exchanges but I think they could regulate the exchanges without making this entire stinking environment. I think the Chinese are going for something bigger than that. There is also a possibility if the Chinese government like the others is thinking of to introduce its own Cryptocurrency.
I am happy for one reason that at least we will get rid of the Chinese monopoly. I think bitcoin growth will be enhanced in future with the Chinese taking a side.

Actually, you can see that bitcoin is gearing up another raise on it's value even with chinese government issues on cryptocurrency. I do have a feeling that Chinese Government want to take a large part of Bitcoin as is, as you know they are control freaks and they surely want to get a profit out this. Maybe they will ban bitcoin and all cryptocurrency and replacing it with their own cryptocurrency. but .. thats BS for me, Chinese People will the only one who will support this, as they say, Alicia is Alicia and no one knows alicia but only herself ALONE. Overall, This step could be a win win situation for both Bitcoin Community and Chinese Government.

nidacoinlove

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Quote from: rjbtc2017 on September 26, 2017, 02:02:00 AM

Quote from: 2double0 on September 14, 2017, 03:08:03 PM

Undoubtedly, the BTCChina news affected the markets and it was hit hard by investors who sold in pure panic.
But this is going very serious as after this, Litecoin creator Charlie Lee said in a reply to cnLedger's tweet that: "OKCoin and Huobi are meeting with regulators tomorrow. They might soon change their tune." - https://twitter.com/SatoshiLite/status/908375715279597570

It looks like China has taken its decision and is prepared to shut down these exchanges there. This may prove to be the toughest times in the history of Bitcoins and all this has endangered as well as challenged the existence of Bitcoins that whether a country's decision may ruin everything or not.

There's still a light of hope for everyone because the same guy, Lee said in his own tweet that: "This is a good thing. China can no longer play with the markets by banning Bitcoin. Crypto-currency cannot be killed by any country." - https://twitter.com/SatoshiLite/status/908379371571863553

Bitcoin still looks in a dilemma-tic situation here and the road upwards is looking hard if we consider charts which show that selling pressure has gone extremely high atm and control over buy side has been lost.

Then Let China do this stupid thing, but i do really think that they are now pushing the full regulations to regulate these exchanges, it may really affect Bitcoin's price but that's because of Bitcoin holders with Weak hand that easily falls into trap like this, this is certainly a FUD. as long as there is community that supports bitcoin, bitcoin shall stay strong amid of this issues.

This could be an option if the Chinese government plans to regulate exchanges but I think they could regulate the exchanges without making this entire stinking environment. I think the Chinese are going for something bigger than that. There is also a possibility if the Chinese government like the others is thinking of to introduce its own Cryptocurrency.
I am happy for one reason that at least we will get rid of the Chinese monopoly. I think bitcoin growth will be enhanced in future with the Chinese taking a side.

supandi wiharja

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I think that the current problem is very serious about the china government stop all bitcoin trade in its country.
I hope all bitcoin holders do not panic even though china has a big effect and can change the price of bitcoin down.
I'm sure all the serious problems that are happening now will end, the more users and the more people who still rely on it.
bitcoin prices will stabilize again without the impact of bitcoin closure in china and have no effect for long term.

swscowods

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Activity: 419

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Quote from: Dangerous_Mind on September 15, 2017, 08:29:06 AM

Think what will happen when China regulates btc...

You may be right but I think this is something which is not that much easy as we all think to happen. I think even if China put in his best, even then things won’t work out in favor of China. This is next to impossible sort of thing to happen. Yes, indeed this is a serious time for the one who are holding Bitcoin.

rjbtc2017

sr. member

Activity: 322

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Quote from: 2double0 on September 14, 2017, 03:08:03 PM

Undoubtedly, the BTCChina news affected the markets and it was hit hard by investors who sold in pure panic.
But this is going very serious as after this, Litecoin creator Charlie Lee said in a reply to cnLedger's tweet that: "OKCoin and Huobi are meeting with regulators tomorrow. They might soon change their tune." - https://twitter.com/SatoshiLite/status/908375715279597570

It looks like China has taken its decision and is prepared to shut down these exchanges there. This may prove to be the toughest times in the history of Bitcoins and all this has endangered as well as challenged the existence of Bitcoins that whether a country's decision may ruin everything or not.

There's still a light of hope for everyone because the same guy, Lee said in his own tweet that: "This is a good thing. China can no longer play with the markets by banning Bitcoin. Crypto-currency cannot be killed by any country." - https://twitter.com/SatoshiLite/status/908379371571863553

Bitcoin still looks in a dilemma-tic situation here and the road upwards is looking hard if we consider charts which show that selling pressure has gone extremely high atm and control over buy side has been lost.

Then Let China do this stupid thing, but i do really think that they are now pushing the full regulations to regulate these exchanges, it may really affect Bitcoin's price but that's because of Bitcoin holders with Weak hand that easily falls into trap like this, this is certainly a FUD. as long as there is community that supports bitcoin, bitcoin shall stay strong amid of this issues.

Cobalt9317

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So that is the reason why there's a constantly decreasing price of BTC in the last couple of days, I just converted my BTC to my local currency and I thought the price would be higher but it generally drops, nevertheless it is still up to masses whether they accept BTC or not I deem the world needs BTC it is the currency of the future.

Scorpion

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Love Charlie Lee's take on this whole Bitcoin exchanges being banned in China thing. In the long run it will be good for Bitcoin and eventually they will lose their influence completely and have no say or anything in the direction or value of Bitcoin.

pekingcoepo

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Quote from: SunSky on September 22, 2017, 05:21:25 PM

I think China just playing with us, make a panic sell to buy more at low prices. I don't care about them and still trade, if BTC get dropped i will buy, that's it.

Most likely so, they make trouble with the price of coins in the down market, then they start buying coins, and start making a positive issue to keep prices up again, then they sell it back for a profit. We must follow the flow and certainly not too quickly panicked in the face of all issues.

Falgorn

full member

Activity: 364

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If with the prohibitions of crypto currency in China everything will be very serious, then the world community in the crypto currency market will be able to do without China. In addition, I do not think that the Chinese will be so blocked that they can not find a way out of this situation. In my opinion, if the restrictions are introduced, then nothing will come out of this vseravno.

SunSky

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I think China just playing with us, make a panic sell to buy more at low prices. I don't care about them and still trade, if BTC get dropped i will buy, that's it.

FLoving

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Quote from: DortheyLedwig5010 on September 17, 2017, 08:38:05 AM

Panic sell is nothing new in the world of trading. Hawkish news can put down the price but market will come back toequilibrium point after certain time.

I think that being a trader, the worst thing which can very happen is the decisions which you made at the time when prices are going down. In fact, I think controlling the emotions especially in the world of business is the most important thing. You need to learn this thing before getting into this.

2double0

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Quote from: AleSergio on September 17, 2017, 12:51:37 PM

The good thing that bitcoin price is recovering and everything seems at the moment stable.
On the other hand if some other speculation news will come i think we will see some dumps again.

Nope, it used to be serious because I wanted to look at "oil and watch it pour".
Unlike others who tried their best to troll hard to make others sell their coins in panic (and became successful at some extent), I didn't make this thread under the influence of pessimism or to make anyone worry about the markets' happenings, but wanted to make everyone aware of tricks China was playing since it decided to short BTC. Thus, my decision remained firm and fair and proved to be right, I didn't panic and sell, I just hold tight and it proved to be very advantageous for me as well as my portfolio. Just watch, how they managed to get it down >25% straight away, and then how nobody gave a F*CK to their bans and took it back to 3960 currently. We are in a bigger and better ride atm, so hold tight and enjoy your cheap coins (if you managed to buy at 3k). Wink

AleSergio

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The good thing that bitcoin price is recovering and everything seems at the moment stable.
On the other hand if some other speculation news will come i think we will see some dumps again.

LodisMcguire

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Quote from: szpalata on September 17, 2017, 12:02:12 PM

Quote from: DortheyLedwig5010 on September 17, 2017, 08:38:05 AM

Panic sell is nothing new in the world of trading. Hawkish news can put down the price but market will come back toequilibrium point after certain time.

That is true but this time I think the news hit us deep and this tumble was so great and I agree with the OP that it's serious this time and we need to Unite and fight panic selling to the bearest minimum.

Even if it hit us deep,this will heal over time,with the china news,current price drop is because a shock of weak hand and selling their btc
For now let us use this opportunity to buy as resistance of the bad news

szpalata

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Quote from: DortheyLedwig5010 on September 17, 2017, 08:38:05 AM

Panic sell is nothing new in the world of trading. Hawkish news can put down the price but market will come back toequilibrium point after certain time.

That is true but this time I think the news hit us deep and this tumble was so great and I agree with the OP that it's serious this time and we need to Unite and fight panic selling to the bearest minimum.

layoutph

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Ok so guys what's the latest news? Anyone from China? How true that Chinese government will require every local exchange a license? Are you affected? Did you dumped your BTC?

DortheyLedwig5010

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Panic sell is nothing new in the world of trading. Hawkish news can put down the price but market will come back toequilibrium point after certain time.

Topic: Guys, this time it's extremely serious! (Read 2164 times)