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Topic: So what happened in China today? (Read 1319 times)

full member
Activity: 224
Merit: 101
April 19, 2014, 12:03:22 PM
#26
So, any new news from China? Or why is the price falling again? :/

I haven't heard of any big news, and have no idea why the price dropped. But it is starting to get back up. Cheesy
Yeah, 500+ again, it's getting better. Thought there had to be a reason for the drop yesterday but maybe there wasn't.
hero member
Activity: 868
Merit: 1000
April 19, 2014, 05:38:55 AM
#25
So, any new news from China? Or why is the price falling again? :/

I haven't heard of any big news, and have no idea why the price dropped. But it is starting to get back up. Cheesy
full member
Activity: 224
Merit: 101
April 18, 2014, 07:43:34 PM
#24
So, any new news from China? Or why is the price falling again? :/
member
Activity: 72
Merit: 10
April 17, 2014, 07:51:08 PM
#23
I feel like the smaller Chinese exchanges helped manipulate the price.

I don't think traders on big exchanges will follow the price on small exchanges.
Just what I thought, they're not really going to be able to affect the price noticeably.

yeah...
full member
Activity: 224
Merit: 101
April 17, 2014, 04:12:14 PM
#22
I feel like the smaller Chinese exchanges helped manipulate the price.

I don't think traders on big exchanges will follow the price on small exchanges.
Just what I thought, they're not really going to be able to affect the price noticeably.
hero member
Activity: 571
Merit: 500
April 17, 2014, 01:56:32 AM
#21
I feel like the smaller Chinese exchanges helped manipulate the price.

I don't think traders on big exchanges will follow the price on small exchanges.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
April 16, 2014, 09:50:12 PM
#20
as far as I can tell there hasn't been any news of ban just a bunch of rumors and the bears trying to hype the rumos up.  Roll Eyes
hero member
Activity: 553
Merit: 500
April 16, 2014, 08:43:22 PM
#19
They just warning thier citizen about bitcoin and not to get into it too much .
full member
Activity: 224
Merit: 101
April 16, 2014, 03:35:42 PM
#18
Not even china can ban bitcoin, nothing can stop it now. Resistance is futile.
Can and can. They chose not to. However I want you to be right as well, the future is looking bright at the moment. Smiley
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
April 16, 2014, 02:57:46 PM
#17
Not even china can ban bitcoin, nothing can stop it now. Resistance is futile.
full member
Activity: 224
Merit: 101
April 16, 2014, 02:39:09 PM
#16
I feel like the smaller Chinese exchanges helped manipulate the price.
Why is this, elaborate a bit? Smiley
newbie
Activity: 57
Merit: 0
April 16, 2014, 01:59:55 PM
#15
I feel like the smaller Chinese exchanges helped manipulate the price.
full member
Activity: 224
Merit: 101
April 16, 2014, 01:07:42 PM
#14
The 15th is almost over in China; anyone know if the expected bans came into force?

As others mentioned, the ban is just a FUD.
Bitcoin price goes back to around $500 now, after nothing happened in China.
As has already been posted several times above.. Wink
hero member
Activity: 896
Merit: 1000
April 16, 2014, 01:05:56 PM
#13
The 15th is almost over in China; anyone know if the expected bans came into force?

As others mentioned, the ban is just a FUD.
Bitcoin price goes back to around $500 now, after nothing happened in China.
newbie
Activity: 31
Merit: 0
April 16, 2014, 03:03:26 AM
#12

No one is neutral when talking about Bitcoin.

There is 2 kind of people :

 - the ones that want to BUY : they want Bitcoin to be low, they want you to believe that Bitcoin is worthless.
 - the ones that want to SELL : they want Bitcoin to be high, they want you to believe that Bitcoin will go to the moon and beyond.
full member
Activity: 196
Merit: 101
April 15, 2014, 05:06:14 PM
#11
there is no ban, the ban is just a rumour

only banks are not allowed to trade in bitcoin..

unfortunately but yes that's it..
This wasn't unexpected though, from a country like China. But yeah, the ban was rumors made up by ordinary people. Glad we got it out of the way. Smiley

only rumors Smiley

don't think it would be even possible to ban bitcoin for ordinary people, they could ban it, but it would be like pirating games

it's illegal but no one can do anything to stop you from downloading them..
full member
Activity: 224
Merit: 101
April 15, 2014, 04:34:23 PM
#10
there is no ban, the ban is just a rumour

only banks are not allowed to trade in bitcoin..

unfortunately but yes that's it..
This wasn't unexpected though, from a country like China. But yeah, the ban was rumors made up by ordinary people. Glad we got it out of the way. Smiley
full member
Activity: 196
Merit: 101
April 15, 2014, 02:15:46 PM
#9
there is no ban, the ban is just a rumour

only banks are not allowed to trade in bitcoin..

unfortunately but yes that's it..
hero member
Activity: 569
Merit: 500
April 15, 2014, 10:06:12 AM
#8
What happened? Simple.

1. China hasn't banned bitcoin, as expected.
2. Those spreading FUDs bought some cheap bitcoin.
3. Bitcoin price went back up.
newbie
Activity: 3
Merit: 0
April 15, 2014, 09:30:14 AM
#7

Everything looks like a pump& dump. First there were rumours of the blanket ban on BTC in china on the 15th as the deadline

However, as the deadline has come passed with no difference, the prices have started moving back to where it was before the big dump


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