Topic: Is the China FUD over ? - page 4. (Read 2438 times)
I think its not over yet and wont be over that soon, just hoping that other countries wont follow China path.
Its not over until the Chinese exchanges close down. I believe one is closing at the end of September and the other in October.
Can more china FUD affect crypto prices ?
It's not over yet. Today I read about complete ban of mining, trading, etc. Requiring bank information, real names, source of money, etc. But I don't think they will kill their whole mining industry. It's a lot of money.
i was thinking (Tone Vays also said this) that the price should drop as the end of the month approaches.
people will need to sell and prices should drop.
we shall see.
also, china FUD over? never.
people will need to sell and prices should drop.
we shall see.
also, china FUD over? never.
Can more china FUD affect crypto prices ?
I don't think it's over yet. The effects on the ban on ICO's and exchanges will not affect the market any further, even with the upcoming news that they are planning to ban the access of their citizens to foreign exchanges. What could still affect the markets, are the rumors on their possible fight vs miners, since that would be an obvious fight against BTC, but I don't think they will go that way.
Hopefully going forward the FUD will not have as much of an affect as it has over the last week. There would probably be price movements down but not as severe, that is my wish
I think we've seen that the Chinese users have the potential of using other countries exchanges too so this has to be some protection against the price fluctuations/drops.
Hopefully going forward the FUD will not have as much of an affect as it has over the last week. There would probably be price movements down but not as severe, that is my wish
It still can happen you never know 
If it wont be China than someone else can start speculating price, but just dont worry about this, it happens everytime and it is an ordinary life thing 
Price of bitcoin will recover again and again.
If it wont be China than someone else can start speculating price, but just dont worry about this, it happens everytime and it is an ordinary life thing Price of bitcoin will recover again and again. Can more china FUD affect crypto prices ?
Can more china FUD affect crypto prices ?
Chinese government is forbidding more and more exchanges to trade crypto with CNY, I think the influence will last a few days.
Don't think its over yet, depends on if OKcoin and Huobi can get proper licensing in place before end of October, otherwise they have to shutdown as well.
Yes, you are right, the Chinese government is taking strict policy to the cypto market, and I think most of exchanges will not survive from this policy, so it is really bad for Chinese investors.
Exactly, which makes it more important to put regulation in place if this should ever become serious contender to Fiat.
Yes. I am in favour of a bit of regulation. It will help to legitimise cryptocurrencies and pave the way to mainstream adoption. Of course this will cause some temporary pain along the way with panic sells and market over-reaction, but it will be worth it in the longer term.
More FUD came from JPM which actually bought massively into Bitcoin.
Can more china FUD affect crypto prices ?
Even if everything has ended now - it can be repeated at any time, because it became clear that such a system works. But the market will still recover
Exactly, which makes it more important to put regulation in place if this should ever become serious contender to Fiat.
so basically, what you're all saying is, there will continue to be (negative) news coming out of China.
So the big here question is, will that news make crypto prices as volatile as it has been in the past couple of weeks ? or the big storm has passed
So the big here question is, will that news make crypto prices as volatile as it has been in the past couple of weeks ? or the big storm has passed
Crypto is an immature market. The latest China crisis may be fading, but the market as a whole has always been extremely volatile and will remain so for probably at least the next few years. The continuing success of bitcoin and alts are making crypto ever more prominent, and ever more of a threat to the fiat establishment. There are plenty more battles to come.
Not FUD, they made the only right thing in the long run. Get rid of the fraudsters and put regulation in place. The latter will take some time, but it will be good for all of us.
Can more china FUD affect crypto prices ?
It will be over once Chinese are done dumping and exchanges are closed.
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