The upcoming February 15 is China's New Year. Many people think that ETH would therefore another wave down, even propaganda to fall to $ 600 $ 700. This is a frightening news. Regardless of whether the news is true, I still believe that because many people sell ETH in exchange for CNY. Cause a little fluctuation, do you think so?
It is possible to adjust many news to the market, under the prices, but in fact this minimal influence. The main thing is that people think at the same time, if they panic at the same time and go out then it turns out a big recession, but we can not influence them. 
Topic: Too many people think ETH wave down in February because China (Read 442 times)
I do not think this assumption is true. It's just moving in line with market conditions.
The upcoming February 15 is China's New Year. Many people think that ETH would therefore another wave down, even propaganda to fall to $ 600 $ 700. This is a frightening news. Regardless of whether the news is true, I still believe that because many people sell ETH in exchange for CNY. Cause a little fluctuation, do you think so?
$600 to 700 USD worth of ETH is not a bad amount price mostly if you are an investor and holder last year, check the price last November, it ranges from 200 to 300 USD goes up to 1300 plus then it goes down 750, your still gaining from the price decreases as you can buy cheap ETH even bitcoin from this events.I hope you are wrong. There has been too much FUD lately and the market cant seem to stay on the upward trend for 2 days in a row. 1 days it goes up and and then falls immediately on the 2nd 
Just don't listen to them, they are quite annoying as they are spreading the same sentences and accusations against cryptocurrency over and over again from the past year's, there's nothing new from their gimmicks just treat it as an opportunity to buy more ETH, it is proven that crypto has a lot of gains mostly from the established coins from the top. The upcoming February 15 is China's New Year. Many people think that ETH would therefore another wave down, even propaganda to fall to $ 600 $ 700. This is a frightening news. Regardless of whether the news is true, I still believe that because many people sell ETH in exchange for CNY. Cause a little fluctuation, do you think so?
I think max pain for ETH will be 600 USD. Because so many hedge funds are now in this game.And after Telegram ICO everything will change. Every big institional investor will ask themself what is their crypto strategy and prices will start inflating more and more again.
The upcoming February 15 is China's New Year. Many people think that ETH would therefore another wave down, even propaganda to fall to $ 600 $ 700. This is a frightening news. Regardless of whether the news is true, I still believe that because many people sell ETH in exchange for CNY. Cause a little fluctuation, do you think so?
it didnt happen.
eth will be the new king.
i think it will pass btc in 2019. its price will be 20000 dollar and btc is 15000 dollar.
I think the price of ethereum will go down because of china. As a large country, china is very influential in altcoin and cryptocurrency. But calm down, for you ethereum investors, just bear it, because in the next few weeks the price of ethereum will go up significantly. However, in fact, only from China, but the United States is also very influential in the world of this cryptocurrency. So it does not matter whether ethereum will go down due to China, because it is guaranteed in a few weeks ethereum will rise again. thank you
February 18, 2018, 02:49:26 PM
I feel like chinese people affect markets lot many times but latest movements were like -%60 +%25 or something. It cannot be affected completely by one country. It is impossible I guess.
February 18, 2018, 02:32:56 PM
For me it will be completely different. Ethereum is too big for Chinese people to change its price. I think ethereum will be only growing
February 18, 2018, 02:27:50 PM
The upcoming February 15 is China's New Year. Many people think that ETH would therefore another wave down, even propaganda to fall to $ 600 $ 700. This is a frightening news. Regardless of whether the news is true, I still believe that because many people sell ETH in exchange for CNY. Cause a little fluctuation, do you think so?
It seems to me that the Chinese New Year only positively affects the growth of cryptography. always on holidays crypto-foreign exchange market is growing and this is a fact 
February 18, 2018, 12:03:50 PM
The upcoming February 15 is China's New Year. Many people think that ETH would therefore another wave down, even propaganda to fall to $ 600 $ 700. This is a frightening news. Regardless of whether the news is true, I still believe that because many people sell ETH in exchange for CNY. Cause a little fluctuation, do you think so?
This is ridiculous. Is there only I don't see the connection between the Chinese New Year and the crypto currency? I think that you don't need to believe in these rumors, but continue to use and trade ETH "as always". It's difficult to knock off ETH from the intended path.
February 17, 2018, 07:09:28 PM
It is very interesting topic to read specially today as 16 february
lesson we can learn
1) legendary and big coins guys are not always right
2) it is easy afterwards to say "shit i should have seen it "
3) i don't have a crystal ball so only things i can say good luck to all including me
lesson we can learn
1) legendary and big coins guys are not always right
2) it is easy afterwards to say "shit i should have seen it "
3) i don't have a crystal ball so only things i can say good luck to all including me
February 17, 2018, 06:28:06 PM
I dont think so, but it ceartainly can have an effect. But eth had a strong buying wall around 600$, then rebounced 50%+ from there. No reason to panic, not even next time. What you want to do, is to check the buying wall, and and according to that.
Let us say China is one of the biggest country and one of the most populated places of all, one of the most advance country with advance technology and have a massive production on tangible products.... Yeah China has a big factor when it come to business or in every business, they also have a huge factor to bitcoin or crypto world, but I thought China is against it.
Hahaha
Perhaps little by little they will open up to our world, the crypto. We can say joiners from China will have huge affect on the ETH price, if little joiners the price may stay the same, or slowly go down, but if some of them will associate with us then it will be another topic.
Hahaha
Perhaps little by little they will open up to our world, the crypto. We can say joiners from China will have huge affect on the ETH price, if little joiners the price may stay the same, or slowly go down, but if some of them will associate with us then it will be another topic.
i dont think so, ethereum was so many supporter and so many project in ICO, just china supporter may be just a little effect.. co founder eth says this year price 2x or more...
I don't see that as the case. On the other hand crypto is very volatile. Anything can happen very fast. I noticed the ranks on the market cap. I am wondering if most top 100 on the list will remain strong 1 year from now. Eth is not immune. Look at ripple and then see how ripple fell to number 3, and so on.
The upcoming February 15 is China's New Year. Many people think that ETH would therefore another wave down, even propaganda to fall to $ 600 $ 700. This is a frightening news. Regardless of whether the news is true, I still believe that because many people sell ETH in exchange for CNY. Cause a little fluctuation, do you think so?
I don't think so, in fact Chinese New Year passing, will push prices up if anything. It's often assumed they cause prices to fall and that's because people sell to fund travel/gifts etc. After the Chinese New Year has passed many who sold their crypto will look to re-enter the market and can push the prices upwards.
I do not think China's New Year will wave down eth.
I hope you are wrong. There has been too much FUD lately and the market cant seem to stay on the upward trend for 2 days in a row. 1 days it goes up and and then falls immediately on the 2nd
I'm not too sure about this speculation because most of the time if there are special events in the lunar year, like the Chinese New Year; most of the coins usually increase because some investors like the Chinese businessmen are investing a lot on coins they think will bring them good luck. They believe in superstitions or the culture they got used to so they also apply it in trading.
i have a thousand and one reason why i think ethereum should go down, specially in long term. including centralization, lots of bugs, scaling issues, network issues, expensive translations, expensive smart contract creation, no usage, better platforms, ...
but i have two reason that means it may not go down: deep pockets + lots of hype.
never underestimate the power of banks with a lot of money to throw in, and advertise the coin so that many start buying it up like crazy.
but i have two reason that means it may not go down: deep pockets + lots of hype.
never underestimate the power of banks with a lot of money to throw in, and advertise the coin so that many start buying it up like crazy.
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