This is complete manipulation of the market as they like..someone is selling at the top and scooping up at the bottom
The chinese are playing with the rest of us
Topic: I am getting sick of fucking Chinese idiots - page 4. (Read 4353 times)
Bitcoin is open source , everybody can join in that , so we can not Banned China from anything about Bitcoin , i sure Bitcoin Players and the company - company which make ICO will do the best to finish this problem , i sure about that ..
Why don't we just ban China?
Lmaoo, That is not how it works mate and there are also many chinese people using bitcoin though. Its not only us that hate this situation but also chinese people that using bitcoin too. Actually the China government that really fuck up not the chinese people. The market already going up now.
Why don't we just ban China?
LOL.
But, yes, why can't we just ban them and sail smooth in the crypto world without these people. After all, they seem to be manipulating the market with their decisions. There would not have any drop in price without them. But it seems the market they are offering is really big. The market over reaction is insane, lets assume that news was true and china exchanges were no longer allowed to opperate, would that mean bitcoin has 10%+ less value based on that alone? Maybe it should be something like a 2% drop given the current stage of bitcoin. While they can keep pulling this stunt they will im sure.
It would probably be closer to 50% less value... Then there's the fear factor from there and we might easily see $100 btc again.
lol, not in a million years
this time we have a very good example of a similar situation. it is no longer something new. China was completely out of bitcoin market for a couple of months this year and when it started the same FUD about ban and bullshit came out and price went down about 20%. and that is worse case scenario and price was about $1100 at that time.
in the following months before Chinese even came back, the price was already above $2000 then Chinese came back.
if you think price can fall 50% or fall to $100 (which is 97.7%) then you must be high on something
All it would take is the right combination of bad news. You're playing with an asset that is mostly backed by hashpower in China -- if that goes away a whole lot of confidence in the network goes away.
Now, the likelihood of China actually banning it seems very low to me -- but it's not outside the realm of possibility, and neither is sub-100 btc.
The market over reaction is insane, lets assume that news was true and china exchanges were no longer allowed to opperate, would that mean bitcoin has 10%+ less value based on that alone? Maybe it should be something like a 2% drop given the current stage of bitcoin. While they can keep pulling this stunt they will im sure.
It would probably be closer to 50% less value... Then there's the fear factor from there and we might easily see $100 btc again.
lol, not in a million years
this time we have a very good example of a similar situation. it is no longer something new. China was completely out of bitcoin market for a couple of months this year and when it started the same FUD about ban and bullshit came out and price went down about 20%. and that is worse case scenario and price was about $1100 at that time.
in the following months before Chinese even came back, the price was already above $2000 then Chinese came back.
if you think price can fall 50% or fall to $100 (which is 97.7%) then you must be high on something
The market over reaction is insane, lets assume that news was true and china exchanges were no longer allowed to opperate, would that mean bitcoin has 10%+ less value based on that alone? Maybe it should be something like a 2% drop given the current stage of bitcoin. While they can keep pulling this stunt they will im sure.
It would probably be closer to 50% less value... Then there's the fear factor from there and we might easily see $100 btc again.
The market over reaction is insane, lets assume that news was true and china exchanges were no longer allowed to opperate, would that mean bitcoin has 10%+ less value based on that alone? Maybe it should be something like a 2% drop given the current stage of bitcoin. While they can keep pulling this stunt they will im sure.
It's mostly Chinese money and mining propping up the absurdly high valuation of btc right now. If they leave, or are "banned" (which doesn't really seem to be the case), then you're going to see a massive retraction in price of btc specifically and many of the alts as well by extension.
It really isn't. That whole myth was put to bed when the chinese stopped zero-fees trading and we saw how low the real number of trades were.
I'd say the Koreans and Japanese have more to do with the bitcoin price than China. And with the move of the Japanese into mining, the mining might shift away from China too.
I'd say as well that the Japanese and South Koreans will benefit from the power shift. But I don't know if either of them will go mining as I consider there country to damn expensive so electricity must cost a lot too. Yeah, I remember when they are trading fake volumes and the PBoC realized and step up the plate. Maybe this is the beginning of the Chinese government stomping of bitcoin and this week in the nail in the coffin. Let's see how it goes then.
People can hardly look beyond one's own horizon.
From the Charles Manson inspired philosopher. WTF dude? Why do you always have such a god-damned boner for me? I think your Fap-sticky keyboard is starting to take over.You are a racist and your postings are insulting. You should be perma banned.
It's mostly Chinese money and mining propping up the absurdly high valuation of btc right now. If they leave, or are "banned" (which doesn't really seem to be the case), then you're going to see a massive retraction in price of btc specifically and many of the alts as well by extension.
It really isn't. That whole myth was put to bed when the chinese stopped zero-fees trading and we saw how low the real number of trades were.
I'd say the Koreans and Japanese have more to do with the bitcoin price than China. And with the move of the Japanese into mining, the mining might shift away from China too.
People can hardly look beyond one's own horizon.
From the Charles Manson inspired philosopher. WTF dude? Why do you always have such a god-damned boner for me? I think your Fap-sticky keyboard is starting to take over. 
just ignore them. Although we do not like them, most of bitcoin and hashrate are located in this country and therefore, we can not do anything. WE can not stop them from mining bitcoin at all dude :9
There is no point in doing that because china will take out other way around as they have always done it. Moreover it's just not possible to ban country from using the bitcoin because there are no rules and jurisdiction on the use of blockchain from its creator and its virtual that's most important. Being virtual and present over the internet means complete freedom of choice and you can not stop it because there is no international government or authorities which can do that. We live in world where only government within its own boundaries can make changes and if left the boundaries then you are no more abiding to those jurisdiction.
So the the whole thing is we can't do that. That would be better though but it's ain't possible. :-)
So the the whole thing is we can't do that. That would be better though but it's ain't possible. :-)
The smartest Chinese are already moving to BCH. The regulators are all looking into Bitcoin and Ethereum. They ignore Bictoin Cash for now. So, if you need good capital flight medium, don't use legacy Bitcoin which is in the crosshairs of the government.
There is no point in doing that because china will take out other way around as they have always done it. Moreover it's just not possible to ban country from using the bitcoin because there are no rules and jurisdiction on the use of blockchain from its creator and its virtual that's most important. Being virtual and present over the internet means complete freedom of choice and you can not stop it because there is no international government or authorities which can do that. We live in world where only government within its own boundaries can make changes and if left the boundaries then you are no more abiding to those jurisdiction.
So the the whole thing is we can't do that. That would be better though but it's ain't possible. :-)
So the the whole thing is we can't do that. That would be better though but it's ain't possible. :-)
The smartest Chinese are already moving to BCH. The regulators are all looking into Bitcoin and Ethereum. They ignore Bictoin Cash for now. So, if you need good capital flight medium, don't use legacy Bitcoin which is in the crosshairs of the government.
That comment makes absolutely no sense. They're not going to ban individual coins by name - you're arguing that they're completely stupid.
People can hardly look beyond one's own horizon.
There is no point in doing that because china will take out other way around as they have always done it. Moreover it's just not possible to ban country from using the bitcoin because there are no rules and jurisdiction on the use of blockchain from its creator and its virtual that's most important. Being virtual and present over the internet means complete freedom of choice and you can not stop it because there is no international government or authorities which can do that. We live in world where only government within its own boundaries can make changes and if left the boundaries then you are no more abiding to those jurisdiction.
So the the whole thing is we can't do that. That would be better though but it's ain't possible. :-)
So the the whole thing is we can't do that. That would be better though but it's ain't possible. :-)
The smartest Chinese are already moving to BCH. The regulators are all looking into Bitcoin and Ethereum. They ignore Bictoin Cash for now. So, if you need good capital flight medium, don't use legacy Bitcoin which is in the crosshairs of the government.
That comment makes absolutely no sense. They're not going to ban individual coins by name - you're arguing that they're completely stupid.
There is no point in doing that because china will take out other way around as they have always done it. Moreover it's just not possible to ban country from using the bitcoin because there are no rules and jurisdiction on the use of blockchain from its creator and its virtual that's most important. Being virtual and present over the internet means complete freedom of choice and you can not stop it because there is no international government or authorities which can do that. We live in world where only government within its own boundaries can make changes and if left the boundaries then you are no more abiding to those jurisdiction.
So the the whole thing is we can't do that. That would be better though but it's ain't possible. :-)
So the the whole thing is we can't do that. That would be better though but it's ain't possible. :-)
The smartest Chinese are already moving to BCH. The regulators are all looking into Bitcoin and Ethereum. They ignore Bictoin Cash for now. So, if you need good capital flight medium, don't use legacy Bitcoin which is in the crosshairs of the government.
There is no point in doing that because china will take out other way around as they have always done it. Moreover it's just not possible to ban country from using the bitcoin because there are no rules and jurisdiction on the use of blockchain from its creator and its virtual that's most important. Being virtual and present over the internet means complete freedom of choice and you can not stop it because there is no international government or authorities which can do that. We live in world where only government within its own boundaries can make changes and if left the boundaries then you are no more abiding to those jurisdiction.
So the the whole thing is we can't do that. That would be better though but it's ain't possible. :-)
So the the whole thing is we can't do that. That would be better though but it's ain't possible. :-)
its an irony a government has so much power to a suppose freedom coins. anyway, this is an event that is foreseeable as the coin has become so big that it will threaten a nation security. But a strict regulation will no doubt create long term sustainability. whether we like it or not, in a freedom market, volatility is inevitable.
If we cut off china completely then the market will chaotic, the price will drop down severely, china still got power because a lot of miners ate from China, but if the government keep doing the controversial things one day they will lost the chances to access to crypto currencies
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