What will happen 9th march ? | Bitcointalksearch.org

dearbesz1219

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Quote from: Schuyler on February 22, 2017, 04:24:46 AM

Massive withdrawals could really lead to a price plummet but I don't think that will be the case even though the lifting of the withdrawal halt will happen. As is the case now, even if there is a hold, bitcoin has remained strong and I doubt if the withdrawals are really going to be that high when that day comes.

Agreed, if bitcoin after that date is going to have a good result, surely there's gonna be have a full unconfirmed transaction in the blockchain,
even me honestly speaking are also waiting on that day result. I wish there's a good result to be happen.

Drago2016

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Quote from: LLec on February 25, 2017, 03:07:35 PM

Good to know this news of when it's happening. Wink

There will be alot of movement that week from March 9-11th with two events happening so close to each other.
So we all know is the "what for?" when the price either rises or falls during those two days.

Yes, we can not guess what will happen in these days. But we must be very careful and ready for anything. And do not panic if the price goes down

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Quote from: CyberKuro on February 23, 2017, 10:45:53 PM

Quote from: hase0278 on February 22, 2017, 08:20:36 AM

On 9th march, there might be no certain happening that will happen to bitcoin and it might be back to normal again but two days after that, In my opinion we will see a dump again if many Chinese traders panic sell because of something that will happen after 9th march or we will see bitcoin's price manipulated again. It really depends on the BTC ETF's application approval or disapproval if it is approved we might see yet another upward movement in price but not that big but if it is denied we might see another dump.

Not only Chinese traders, all over the world waiting for the ETF approval as it can affect bitcoin market even though only in USA but the impact to the price will be great for us. The main thing is,if Winklevoss ETF get disapprove by SEC : is it will make the market suddenly drop? Maybe yes, because recent increase seems triggered because of that, we may see the price decline around $900 again ($100-$300 decreases)

I don’t think so, there is a very low probability of ETF getting approval, we know that and yet the price of bitcoin still soared to new highs in this week, not getting the ETF does not take anything away form bitcoin it just delays the inevitable so there is not a reason for the price to get that low.

pinkflower

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Quote from: Idrisu on February 25, 2017, 09:01:19 AM

Quote from: hase0278 on February 22, 2017, 08:20:36 AM

On 9th march, there might be no certain happening that will happen to bitcoin and it might be back to normal again but two days after that, In my opinion we will see a dump again if many Chinese traders panic sell because of something that will happen after 9th march or we will see bitcoin's price manipulated again. It really depends on the BTC ETF's application approval or disapproval if it is approved we might see yet another upward movement in price but not that big but if it is denied we might see another dump.

BTC ETF's approvals is going have a greater impact on bitcoin and crypto currencies market general either is approved or not approved. Speculators has created great anticipation on the ETF since end of last year. To me if ETF is positive bitcoin price will start to pump up from the 9th when Chinese big exchangers activate they withdrawal and vice vasal.

Why do you think the approval or no approval of the ETF will have greater impact. I read your post and I dont see any reasons given except that you think it will happen 100%. How do you expect the readers to take your post? Please post the reason why.

veleten

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Quote from: LLec on February 25, 2017, 03:07:35 PM

Good to know this news of when it's happening. Wink

There will be alot of movement that week from March 9-11th with two events happening so close to each other.
So we all know is the "what for?" when the price either rises or falls during those two days.

the price has been moving like crazy past 4 days
we saw it go up from 1000$ to almost to 1200$ and then drop to 1140$
don't even know if there is a bigger movement than that that is going to happen 9th
there is an expression in chess: a threat is stronger than the execution,the build up we see now could be
the most volatile period and on 9-11th we would see just the confirmation of the already existing bullish trend
I highly doubt there would be a below 1000$ drop (unless some seriously bad news emerge,and non approval is not the one of them) this year at all
so hold tight and don't sell

LLec

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Good to know this news of when it's happening. Wink

There will be alot of movement that week from March 9-11th with two events happening so close to each other.
So we all know is the "what for?" when the price either rises or falls during those two days.

Yakamoto

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Quote from: calkob on February 25, 2017, 02:26:10 PM

Quote from: bikerleszno on February 21, 2017, 07:41:23 PM

Hello,

Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?

IF.... they allow withdrawals again i think you might find that alot of bitcoin move to paper or hardware wallets. this could be a lesson to the chinese people that unless you own the private keys then the bitcoin arnt yours.

Hopefully it does end up as a wake-up for them, but something like this shouldn't just be a wake-up call for the Chinese, it should be something everyone takes a look at and thinks "that can happen here".

It's definitely going to be interesting to see what happens on March 9th, since it's just a few days from the ETF application decision. Might stay steady until the application result is chosen.

calkob

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Quote from: bikerleszno on February 21, 2017, 07:41:23 PM

Hello,

Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?

IF.... they allow withdrawals again i think you might find that alot of bitcoin move to paper or hardware wallets. this could be a lesson to the chinese people that unless you own the private keys then the bitcoin arnt yours.

Mbah Tyo

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it looks like bitcoin will experience a slight decline in prices but after a few days the price will rise again significantly that in view of his chart, so do not be carried away do not be in a hurry to sell bitcoin, see the time is right for selling ok

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Quote from: bikerleszno on February 21, 2017, 07:41:23 PM

Hello,

Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?

Nothing important will happen that day, it will be business as usual, some will withdraw their bitcoin from the exchange, but that does not necessarily mean they are going to sell them, the big news will come two days after that.

ArdiPrabowo

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Quote from: bikerleszno on February 21, 2017, 07:41:23 PM

Hello,

Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?

in china exchanger not only can withdraw again
but result about china autorized, china regulation , about bitcoin, if result is good, can normal withdraw again bitcoin price can incraese high
and 11 march about result SEC and ETF about USA exchanger

Malsetid

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Quote from: bikerleszno on February 21, 2017, 07:41:23 PM

Hello,

Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?

Well this may be good nees for us who doesnt have stocks of btc yet. This would give us a chance to buy bitcoin at a low price to hold in the long run. I don't think there's anything to be afraid of this as this will be our opportunity to buy bitcoins at a lower price. Think of the positive effects this can do first

Idrisu

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Quote from: hase0278 on February 22, 2017, 08:20:36 AM

On 9th march, there might be no certain happening that will happen to bitcoin and it might be back to normal again but two days after that, In my opinion we will see a dump again if many Chinese traders panic sell because of something that will happen after 9th march or we will see bitcoin's price manipulated again. It really depends on the BTC ETF's application approval or disapproval if it is approved we might see yet another upward movement in price but not that big but if it is denied we might see another dump.

BTC ETF's approvals is going have a greater impact on bitcoin and crypto currencies market general either is approved or not approved. Speculators has created great anticipation on the ETF since end of last year. To me if ETF is positive bitcoin price will start to pump up from the 9th when Chinese big exchangers activate they withdrawal and vice vasal.

olushakes

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Quote from: bikerleszno on February 21, 2017, 07:41:23 PM

Hello,

Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?

I am expecting a shake in the bitcoin price because for allowing withdrawal now possible and being the largest bitcoin exchange makes them have the volume to move things around here. In that case, there might be more supply than demand in the overall market thereby forcing the price down a little bit because bitcoin has also been experiencing some level of independence in its price over the last few weeks.

pinkflower

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Quote from: X-ray on February 24, 2017, 05:26:56 AM

Quote from: pinkflower on February 24, 2017, 03:52:40 AM

Im afraid the jury might be out for the ETF and this dump might go on taking BTC under 1000.00 $. Maybe theres a group of people who already knows what the decision will be. Theres always someone connected who knows whats going on secretly behind closed doors.

Bitcoin is too strong to get the correction on 11 march. I believe if the SEC is not approving the bitcoin etf in 11 march. they still need more time to make a decision. so we will see the approval in the next time.
I guess will be wise to sell our bitcoin in near of 11 march.

I dont think so. Why would the SEC need more time? Its either yes or no on March 11, you can take it or leave it. In my mind the SEC already knows their decision as early as now. All their working on is find a good way why it was denied.

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Quote from: maku on February 21, 2017, 08:42:56 PM

Quote from: bikerleszno on February 21, 2017, 08:17:25 PM

Can you explain exactly what ETF is ?

ETF is exchange-traded fund in this case we are referring to - Winklevoss Bitcoin Trust COIN.
Normally ETF keeps assets such as stocks, commodities, or bonds (in this case Bitcoin) and trades them.
We all are waiting for 11 March which is the deadline for SEC, they will either give ETF stamp of approval or disapprove it (again).

Yeah , You are right .
And now this is a condition that was happened with Bitcoin the last year for the brexit ( bretain + exit ) .
According to that time of condition for brexit , it was believed that if bretain got exited then price will go up and if not happened anything then price will go down .
So here the condition is somewhat same because according to the descion or result declare in favoure or again the exchange the demand of bitcoin will surely will be effected .
I would like if the judge will go in the favoure of the exchange , because this will increase the demand of bitcoin and that will resulted into the increase of the price .

gabmen

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Quote from: bikerleszno on February 21, 2017, 07:41:23 PM

Hello,

Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?

Well if there's big dump that will happen then good thing there are forecasts like this already. I think i've heard about thus once or twice and it a good time to sell btcs a couple of days before that and replenish your stocks if a dump happens. Thus only gives us opportunities to earn more in the future

BitcoinPC

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It will be good for all bitcoin's users, because in this wise, people more trust on bitcoin for buying or selling, and i believe majority of the people who feel hesitation to buying the bitcoin, so in this way, ETF take the decision to build the trust.

blackhawkeye1912

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Quote from: bikerleszno on February 21, 2017, 07:41:23 PM

Hello,

Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?

You don't need to ask us what will happen on march 9, 2017 because no one knows what will happen to that day. The only thing we should await and hoping the result will be good after that.

deisik

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Quote from: bikerleszno on February 21, 2017, 07:41:23 PM

Hello,

Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march?

I don't think anything important is going to happen

Really, if we assume that traders hadn't been withdrawing their money from these exchanges through fiat during this time (since otherwise your question wouldn't need an answer), and they all rush to withdraw their bitcoins once it's allowed, what will it change? They just move their coins from their exchange accounts to their personal wallets, and that's pretty much all there's to it. You seem to assume that they will try to sell the coins at other non-Chinese exchanges, but, first, why would they want that (if they didn't sell them at their local exchanges in the first place), and, second, how are they going to withdraw fiat from foreign exchanges they move their coins to?

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