I am confused what exactly will happen to the price of bitcoin on April 15?

OleOle

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Are you like these guys?

Maybe if the BTC price does crash and stay low for a while people will perhaps treat it as a currency again and start spending their coins...?

Who am I kidding? They won't do that, they'll just keep hoarding them. Is it any wonder that regulators around the world [correctly] perceive and classify Bitcoin as a commodity and not a currency?

As for April 15th, does it matter? Bitcoin as a currency is dying - obsolescence through inertia.

Undecided

Sawadekub

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Fuck u fonzie.. wanna take a 1btc bet? Stop your fking fud..2btc i can afford too no problems

Cassius

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This should be the case. I'm not convinced, though. Gox says otherwise.

Dafar

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dafar consulting

The price is gonna stay exactly the same on April 15th.. maybe +/- $30... which is nothing. Price is always factored in before any deadlines

RodeoX

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The revolution will be monetized!

Quote from: Cassius on April 08, 2014, 05:13:53 AM

The real question is how much is already priced in. ...

+1
I can't believe that anyone with real money is going to wait until a deadline. They did not get that money in the first place by sitting around waiting for things to happen. Some people make things happen rather than letting things happen to them.

Cassius

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The real question is how much is already priced in. That's the Gox scenario of traders continuing to trade up to the wire.
We'll know after the 15th, unless the PBoC just lets it slide for a few exchanges, which also seems possible...

fonzie

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Quote from: koryu on April 08, 2014, 05:06:19 AM

in my estimation after april 15th third party payment processors are punished for dealing with bitcoin exchanges in china. the only way for withdrawals and funding is via bank transfer then.

No, this time also bank transfers get banned, that´s the reason why BTC will crash so hard.

koryu

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in my estimation after april 15th third party payment processors are punished for dealing with bitcoin exchanges in china. the only way for withdrawals and funding is via bank transfer then.

fonzie

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Bitcoinsrus be prepared that we go below 200$ or even 100$ if China leaves the Bitcoin market.

seanneko

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Who even cares about China anymore? I forgot about them the very first time they banned Bitcoin last year.

Idiots just want any excuse to sell.

Cassius

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Quote from: y3804 on April 07, 2014, 08:09:01 PM

Quote from: UnDerDoG81 on April 07, 2014, 08:03:51 PM

The Chinese sold their coins already if BTC is really banned. Nobody is so stupid to wait until April 15th to sell his coins. Why would I wait until April 15th if I can sell them now for $450??

Nothing will happen.

They will sell only if Huobi/BTCChina announce that they halt bank transfers/fiat deposit/withdrawal.

Even the Chinese don't know what is going on. They won't wait until April 15th if the news are out before the deadline. But they will wait until the exchanges tell them to withdraw.

I'd love to believe this. But Gox taught us that there's no accounting for greed. People were sending fiat to Gox right up to the last minute, even though it was clear to most people that something was very, very wrong and its time was limited. I don't see why the same shouldn't be true of the Chinese exchanges that are still running.

SmithsonJim

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From what I saw it was false info. Especially after BTC China issued public letter regarding it.

LostDutchman

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Quote from: Ibian on April 07, 2014, 09:21:29 PM

Quote from: LostDutchman on April 07, 2014, 08:59:29 PM

Quote from: Ibian on April 07, 2014, 08:25:29 PM

You are all forgetting about the blood moon. For millennia, blood moons have made investors and traders go mad!

Citation?

My $.02.

It is written in the ancient scrolls of the crypto-church that on blood moons ordinary otherwise respectable money people turn into weresharks. Your local library might have a copy.

Well, now, I know about Landsharks but what are these weresharks fo which you speak?

My $.02.

Wink

vipgelsi

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Nothing......

Wandererfromthenorth

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On April 15th fucking nothing will happen.

Ibian

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Quote from: LostDutchman on April 07, 2014, 08:59:29 PM

Quote from: Ibian on April 07, 2014, 08:25:29 PM

You are all forgetting about the blood moon. For millennia, blood moons have made investors and traders go mad!

Citation?

My $.02.

It is written in the ancient scrolls of the crypto-church that on blood moons ordinary otherwise respectable money people turn into weresharks. Your local library might have a copy.

LostDutchman

sr. member

Activity: 476

Merit: 250

Quote from: Ibian on April 07, 2014, 08:25:29 PM

You are all forgetting about the blood moon. For millennia, blood moons have made investors and traders go mad!

Citation?

My $.02.

Ibian

legendary

Activity: 2268

Merit: 1278

You are all forgetting about the blood moon. For millennia, blood moons have made investors and traders go mad!

Bit_Happy

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A Great Time to Start Something!

I what exactly will happen to the price of bitcoin on April 20th?
Easter Sunday:
Will the holiday be good or bad for BTC? Tongue

y3804

sr. member

Activity: 406

Merit: 250

Quote from: UnDerDoG81 on April 07, 2014, 08:03:51 PM

The Chinese sold their coins already if BTC is really banned. Nobody is so stupid to wait until April 15th to sell his coins. Why would I wait until April 15th if I can sell them now for $450??

Nothing will happen.

They will sell only if Huobi/BTCChina announce that they halt bank transfers/fiat deposit/withdrawal.

Even the Chinese don't know what is going on. They won't wait until April 15th if the news are out before the deadline. But they will wait until the exchanges tell them to withdraw.

Topic: I am confused what exactly will happen to the price of bitcoin on April 15? (Read 1935 times)