I have to ask with the current market state, would you cash out for gifts? I wouldn't!
Not sure if it'll be much better in Feb, the Chinese investors who have any impact won't sell out at a low, they've probably already sold before the correction.
I could see some Chinese traders slow down or go offline to celebrate the new year period though, this could have some impact.
Probably be a slower than normal day or a few, but I highly doubt we'll see a big drop in prices like Eth to $600-700
Topic: Too many people think ETH wave down in February because China - page 2. (Read 442 times)
My opinion is, I don't think ETh and waves will down in February because of china. because probably it won't effect ETH and waves price. Now eth is growing superbly today 28 January 2018 ETH price is $1200+ according to this position i think ETH and waves price won't down.
I think it possible to see some more dumping in february. But fud is too big than what is going to happen.
Basically we are already in huge bear trend noone would love to sell out their coins in this time.
Basically we are already in huge bear trend noone would love to sell out their coins in this time.
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?
We already saw so many things going on in 2018: India, Japan, South Korea...you name it.
Not sure why Chinese New Year should effect ETH, maybe someone wants to buy a lot of cheap ETH heh and that's why making that FUD ))
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, since a lot of ethereum volume is in the south korea exchange site and it's not in the china. But about a little liquidation caused by china's new year will be there. It seems to be true story mate. But the fact that crypto is in the green area right now and how ethereum is grow more and more. I do not think there is enough basis for this news and analysis, it is more of an attempt to create fud to buy cheap, i personally do not believe in such posts, if you are holding for long term then it does not matter.
The Chinese new year is real and during that time the market used to cool down in the past when China was leading in terms of volume but the mantle is passed on and there are other countries who have big volumes and there are more people now compared to other years,so it is highly impossible to see a big correction.
Actually we don't know if the price of ethereum will totly decrease the price because we not on that day. For sure this february 15 we can answer that. Ethereum price is $1000 plus and for me if you asking me about the possible price is $2000 or it will become doue or tiple the rice of this coin in the next month. Even the price of the ethereum decarese in the february and goes down at $600-$700 it's time to buy because for sure it will recover after few days.
This market has always been the opposite of what was expected. It will be the same in the future and this time. In China year, the price of Ethereum will increase.
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?
China's are favoring NEO in last months, so it's possible to see an attack against ETH. But ICO's are still preferring ETH so it will recover very fast.
It's just a general decline. I do not think it's anything else. ETH continues to strengthen.
The fall of January is a recurring theme in cryptocurrencies, since people who celebrate the Chinese New Year, also known as the Lunar New Year, change their virtual currencies for fiduciary currency.
No-one really knows, what happens next. I think that the market cap would likely fall by 20% but will go up in March. ONLY HOLD! 
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?
As of today ETH has broken triangle pattern in a 4 hour chart. Looks like a bullish indicator as of now but it completely depends on the BTC movements and FUD less environment. I'm going to see $1500 ethers soon anyway $1300 also looks more doable. This might happen before Chinese New year and some small pullbacks before new year probably 3 - 4 days before that.
It's not the dumbest theory we've had around here. Usually around Christmas time all coins will drop as people cash in their bitcoin to fund gifts, parties, and celebrations. China doesn't celebrate xmas so their major expense will take place in February for Chinese New Year. If they cash in their bitcoins then there could be another dump, but hopefully regulations will stop them cashing in and force them to hodl 
This is one of the stupidest things I have heard for a long time. China gets blamed for a lot of things, but Chinese New Year? Trust me, if anything happens, it will be the rise of alts. I am not a defender of ETH for any reason, but it is not only held by Chinese people. Besides, people sell off Bitcoin when they want to liquidate, not ETH. Not many fiat converters yet willing to buy ETH, and not for any new year or lunar new year.
But if it drops to $600, guess everyone will buy back?
But if it drops to $600, guess everyone will buy back?
I don' think it will decrease to $600 or $700. Its value is good, even I don't think it is going to crash. But it may fall due to the different thing.
I do not think there is enough basis for this news and analysis, it is more of an attempt to create fud to buy cheap, i personally do not believe in such posts, if you are holding for long term then it does not matter.
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 am really very curious about where you take this news? where did you read this or where did you see this?
there is no sucah an info anywhere. please give true news to people.
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?
As of today ETH has broken triangle pattern in a 4 hour chart. Looks like a bullish indicator as of now but it completely depends on the BTC movements and FUD less environment. I'm going to see $1500 ethers soon anyway $1300 also looks more doable. This might happen before Chinese New year and some small pullbacks before new year probably 3 - 4 days before that. All these believe of Asian festival affecting the prices seems to be something the market price intot he prices of these tokens, we all know the impact that part of the world on in the space, I won't be surpise to see the price dipped, I aslo saw one TA forecasting the price of Ether testing $400 range soon
I do not think the ETH price will be affected by the Chinese. The Chinese are not allowed to trade by the government.
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