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Topic: I am getting sick of fucking Chinese idiots - page 6. (Read 4427 times)

stupid_seb

full member

Activity: 336

Merit: 101

Quote from: GreenBits on September 08, 2017, 02:04:07 PM

Quote from: BrewMaster on September 08, 2017, 10:21:00 AM

i have been saying this for ages, Chinese never do anything. the poor bastards are just doing what the rest of us are doing, they invest in bitcoin. what happens is that a very normal news comes out of China and the whales manipulate the price by dumping!

i think this month's worst and most ridiculous one was the dump because of banning of ICOs because it had nothing to do with bitcoin to begin with Cheesy

Cheesy

and now this new one is out too!

i promise you that in about a week we will be laughing at those who sold at the bottom and not bought back.

i was stumped as to why btc reacted on the ico news too. notice we were at an ath, and also notice this always happens when we approaching/just hit an ath Wink

Wink

well, if the rumors are true, we will be going backwards for a while. im still at a loss as to why they would release all this bad news in a row like, this, if "preserving financial order" is the aim of all these guidances/rumors. this has to be the absolutely most disruptive shit they could have possibly conceived.

now, if the shit does hit the fan, so to speak, im curious as to how much we will retract. not trying to see another gox slide, id rather it crash and stay down, rather that drip.

it will be a very different market, volatility wise, without China.

Be ready for more market movements, fud and news from beyond the Great Wall.
Last week, Chinese traders lots massive amounts of money by selling at $4,000, and BTC showed resilience. (Interestingly, the Chinese ICO announcement was released during labor day in the USA... )
Today is same old: they dumped... and the BTC will show resilience in the next 2 days.

When you lose money, you want to get it back.
So be ready for a shit storm of crazy news from China in September: the goal is to destabilize enough to reach $3,500 so that everybody gets their positions back...

nick_nick

full member

Activity: 350

Merit: 100

Quote from: stupid_seb on September 08, 2017, 12:14:25 PM

Quote from: RawDog on September 08, 2017, 10:05:15 AM

Why don't we just ban China?

I'll pop champagne if you do so!

China is a major player in the crypto world, banning china will sweep
Half of the market with it.
I will not wish for that.
We all hope for a comeback for Chinese.

1Referee

legendary

Legendary level

Activity: 2170

Merit: 1427

China is no longer the big boy in the Asian continent, some people still don't seem to realize that. If you add that most of the investors are extremely short term gamblers, they heavily over-invest due to their greed, invest with borrowed money, you'll get situations like this where the market takes a significant hit as result. Instead of focusing on idiots selling their coins, just buy up their coins and let them buy everything back at significantly higher levels - that's how you make these gamblers burn through their capital without much effort. At the end of the day, whether it's the highly anticipated correction taking the price down significantly, or cheap fud news, it makes no difference - we would correct anyway.

khaled0111

legendary

Legendary level

Activity: 2702

Merit: 3045

Top Crypto Casino

Don't be so angry. I don't think the chinease ban on ICO will have a permanent effets, that if it had any.
The purpose of Bitcoin is to be an international currency with no control over it, son banning China, witch is something impossible, will have no sense.

HongKong

hero member

Activity: 812

Merit: 500

Quote from: StockBet.com on September 08, 2017, 02:24:43 PM

Chinese government ban of Chinese ICOs forces their people to buy non-Chinese ICOs and existing cryptos. That's good for non-Chinese ICOs and will eventually be good for all existing cryptos.

With China trying to get rid of the people doing ICO’s and the people joining the ICO’s it is pretty good for the people that know how to use computers and the Internet. The censorship is real, once the people in the Government find that more people are learning how to bend the rules and do things that the Government wouldn’t allow them to do then that is when they will put harsher penalties for not cooperating with them.
It’s pretty easy to use a computer and participate in an ICO in China, if you look around the Internet you wouldn’t be complaining about it so much.

eaLiTy

hero member

Activity: 2814

Merit: 911

Have Fun )@@( Stay Safe

Quote from: GreenBits on September 08, 2017, 02:04:07 PM

i was stumped as to why btc reacted on the ico news too. notice we were at an ath, and also notice this always happens when we approaching/just hit an ath Wink

Wink

well, if the rumors are true, we will be going backwards for a while. im still at a loss as to why they would release all this bad news in a row like, this, if "preserving financial order" is the aim of all these guidances/rumors. this has to be the absolutely most disruptive shit they could have possibly conceived.
now, if the shit does hit the fan, so to speak, im curious as to how much we will retract. not trying to see another gox slide, id rather it crash and stay down, rather that drip.
it will be a very different market, volatility wise, without China.

If you go back and check the history,when ever there is an all time burst in the price of bitcoin,some kind if news pops out to make the market go crazy and panic creeps in and people starts selling off their coins left and right and that is what happened here,when there was a negative news with the ban of ICO from China people started selling off and the market kind of recovered and then now yet another news that the Chinese are banning exchanges made the market dip further. I am waiting for another price rise so that i could profit from my current investment when the markets tumbled. Cheesy

Cheesy

StockBet.com

sr. member

Activity: 322

Merit: 250

Make A Bet on WORKING SOFTWARE

Chinese government ban of Chinese ICOs forces their people to buy non-Chinese ICOs and existing cryptos. That's good for non-Chinese ICOs and will eventually be good for all existing cryptos.

goldade

full member

Activity: 896

Merit: 104

The Standard Protocol - Solving Inflation

Quote from: RawDog on September 08, 2017, 10:05:15 AM

Why don't we just ban China?

Unfortunately we can't do anything about the Chinese as at now because even countries that should come and decentralise the power Chinese government has are either sleeping or ignoring the fact that the dominance or China is increasing beyong the trade and technology but also into the technology of the future while they are there fighting over what is of no relevance.

guclu

full member

Activity: 260

Merit: 102

Quote from: stupid_seb on September 08, 2017, 01:22:38 PM

Quote from: 25hashcoin on September 08, 2017, 12:41:31 PM

Quote from: xFiber on September 08, 2017, 12:15:41 PM

I honestly couldn't care less. Why are you so upset over this? Let them do what they want in China as long as they don't affect me I am cool. Market manipulation or not. I'm getting cheap coins, I don't now about you guys. Crypto can be so chill if you're a long term bull.

This. I've noticed the only people getting pissed off are the Blockstream shills in the West...gee wonder what they could be worried about? Maybe sinking price and increased Bitcoin Cash profitability? Hmmm.

Volatility is the issue. It scares investors away.
Panic sell rides, fud propaganda, crazy bull runs...

I'd pop a bottle of Veuve Cliquot the day China is out of the crypto land. even if a $1,800 BTC price follows.

Exactly! I mean volatility is my issue as well... Because I fucking can't earn money trading and all my buy / sell orders are left at a bag position. I'm really fed up with this shit but nothing to do... Can't even get prepared for this. I just hope there really is a ban so they finally will stop these sudden distractions in the market. I am ready to start over from $2k value for btc then to have that governments people trade in the market. Damn commies worst than radical religious in restrictions (if you know who I'm talkin' 'bout)

GreenBits

legendary

Legendary level

Activity: 1148

Merit: 1048

Quote from: BrewMaster on September 08, 2017, 10:21:00 AM

i have been saying this for ages, Chinese never do anything. the poor bastards are just doing what the rest of us are doing, they invest in bitcoin. what happens is that a very normal news comes out of China and the whales manipulate the price by dumping!

i think this month's worst and most ridiculous one was the dump because of banning of ICOs because it had nothing to do with bitcoin to begin with Cheesy

Cheesy

and now this new one is out too!

i promise you that in about a week we will be laughing at those who sold at the bottom and not bought back.

i was stumped as to why btc reacted on the ico news too. notice we were at an ath, and also notice this always happens when we approaching/just hit an ath Wink

Wink

well, if the rumors are true, we will be going backwards for a while. im still at a loss as to why they would release all this bad news in a row like, this, if "preserving financial order" is the aim of all these guidances/rumors. this has to be the absolutely most disruptive shit they could have possibly conceived.

now, if the shit does hit the fan, so to speak, im curious as to how much we will retract. not trying to see another gox slide, id rather it crash and stay down, rather that drip.

it will be a very different market, volatility wise, without China.

Rinaze

full member

Activity: 322

Merit: 100

You would ban China if you don't like money (both in the long and short term). And for your information, slightly more than 70% of the miners for BTC are from China (despite being different entities).

SushGo

full member

Activity: 126

Merit: 100

Quote from: alyssa85 on September 08, 2017, 10:12:42 AM

Quote from: RawDog on September 08, 2017, 10:05:15 AM

Why don't we just ban China?

They're banning themselves. Apparently they are going to shut down all local exchanges "soon".

Presumably that means the big ones like OKCoin etc.

Once the exchanges are gone, there won't be any sharp falls on the Chinese exchanges to panic the investors on the western exchanges (who tend to sell immediately even though they don't know what it's about just in case something major is happening).

Agreed with you, we can expect a correction in the bitcoin value once these exchanged shuts down, due to to the panic selling by the investors.

25hashcoin

hero member

Activity: 574

Merit: 500

Quote from: stupid_seb on September 08, 2017, 01:22:38 PM

Quote from: 25hashcoin on September 08, 2017, 12:41:31 PM

Quote from: xFiber on September 08, 2017, 12:15:41 PM

I honestly couldn't care less. Why are you so upset over this? Let them do what they want in China as long as they don't affect me I am cool. Market manipulation or not. I'm getting cheap coins, I don't now about you guys. Crypto can be so chill if you're a long term bull.

This. I've noticed the only people getting pissed off are the Blockstream shills in the West...gee wonder what they could be worried about? Maybe sinking price and increased Bitcoin Cash profitability? Hmmm.

Volatility is the issue. It scares investors away.
Panic sell rides, fud propaganda, crazy bull runs...

I'd pop a bottle of Veuve Cliquot the day China is out of the crypto land. even if a $1,800 BTC price follows.

Volatility would have long been a non issue if it weren't for Core artificially constricting BTC blocksize, thus price.

stupid_seb

full member

Activity: 336

Merit: 101

Quote from: 25hashcoin on September 08, 2017, 12:41:31 PM

Quote from: xFiber on September 08, 2017, 12:15:41 PM

I honestly couldn't care less. Why are you so upset over this? Let them do what they want in China as long as they don't affect me I am cool. Market manipulation or not. I'm getting cheap coins, I don't now about you guys. Crypto can be so chill if you're a long term bull.

This. I've noticed the only people getting pissed off are the Blockstream shills in the West...gee wonder what they could be worried about? Maybe sinking price and increased Bitcoin Cash profitability? Hmmm.

Volatility is the issue. It scares investors away.
Panic sell rides, fud propaganda, crazy bull runs...

I'd pop a bottle of Veuve Cliquot the day China is out of the crypto land. even if a $1,800 BTC price follows.

25hashcoin

hero member

Activity: 574

Merit: 500

Quote from: xFiber on September 08, 2017, 12:15:41 PM

I honestly couldn't care less. Why are you so upset over this? Let them do what they want in China as long as they don't affect me I am cool. Market manipulation or not. I'm getting cheap coins, I don't now about you guys. Crypto can be so chill if you're a long term bull.

This. I've noticed the only people getting pissed off are the Blockstream shills in the West...gee wonder what they could be worried about? Maybe sinking price and increased Bitcoin Cash profitability? Hmmm.

xFiber

sr. member

Activity: 336

Merit: 252

I honestly couldn't care less. Why are you so upset over this? Let them do what they want in China as long as they don't affect me I am cool. Market manipulation or not. I'm getting cheap coins, I don't now about you guys. Crypto can be so chill if you're a long term bull.

stupid_seb

full member

Activity: 336

Merit: 101

Quote from: RawDog on September 08, 2017, 10:05:15 AM

Why don't we just ban China?

I'll pop champagne if you do so!

RawDog

legendary

Legendary level

Activity: 1596

Merit: 1026

Quote from: haroldtee on September 08, 2017, 12:04:57 PM

I haven't really seen anything wrong they have done.

The wrong they do is - everytime someone says 'boo' they scurry around like fucking dirty cockroaches and cause huge market crashes. Why can't they just smoke a bowl and just chill the fuck out once in a while?

CoinGeo

newbie

Activity: 1

Merit: 0

You have to agree with the Chinese! Some ICOs are real scams taking advantage of this fascinating new technology

haroldtee

sr. member

Activity: 644

Merit: 299

Banning China does not change anything, not like anyone can except if they want to ban themselves completely. However, I haven't really seen anything wrong they have done. ICOs were becoming extremely scammy and banning was a way to curtail that. The only wrong thing would have been shutting down exchanges which they already came out to denounce ever making such a decision. Some whales are just trying to use the news to make some quick profit for themselves. Seen this several times before.

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