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Topic: What's your predictions for the 30th of September (Read 1368 times)

hero member
Activity: 1526
Merit: 596
September 25, 2017, 04:58:05 AM
#43
BTCC will be no more on September 30th. How do you see this effecting the price?

It definitely won't be positive news for bitcoin but i also doubt that it's going to bring a big dump at all. In fact i see that it'll probably not going to even affect the bitcoin price much, unless the Chinese government decides to put a ban on all bitcoin transactions all of a sudden ( very unlikely).

I think that by end of the month we're still at around $3700.

Potentially even higher, as we've seen demand for btc under $4k grow over the past few days.
hero member
Activity: 588
Merit: 500
BTCC will be no more on September 30th. How do you see this effecting the price?

It'll definitely be negative on the price.

However, i really don't think that it's going to be having a big impact on the price at all. Price has already adjusted accordingly when the news first came out, so it'll not come as a surprise to traders when BTCChina does close down.

I'd expect a maximum $200-300 fall from the current level, which means around $3300-3400.
hero member
Activity: 644
Merit: 501
BTCC will be no more on September 30th. How do you see this effecting the price?

It'll definitely be negatively influencing the price. Although i think that the price will stabilize at around the current level which is $3500-4000 till the end of the month because people have started to realize that China isn't the biggest actor in the market anymore.

Either price stabilizes, or price goes down to $3000 or so and stabilize there.

Either way, there shouldn't be too much dumping downwards.
sr. member
Activity: 448
Merit: 250
https://saturn.black
The price still hanging around 3600$ - 3800$ but I positively feel that it will make up to the mark of 4000$ by the end this September... And can even more as it can surprise you anytime...

I have no confidence in this. The price has long been in one place. I think the main reason is the uncertainty with China. This means that until September 30, it will not go up. After September 30, it may again go up
Pab
legendary
Activity: 1862
Merit: 1012
Side trading between 3600$-4000$ btc is resting and waiting for new impulse,speculation down can be before next btc fork
legendary
Activity: 1974
Merit: 2124
The price still hanging around 3600$ - 3800$ but I positively feel that it will make up to the mark of 4000$ by the end this September... And can even more as it can surprise you anytime...
legendary
Activity: 2170
Merit: 1427
Can we expect another close down by another country?

Who says that China is closing down its exchanges permanently? It may very well turn out to be a temporary stop till the exchanges there are granted a special license that allows them to keep operating as they normally would, but then with a few extra rules they are subject to. I strongly believe that this may end up becoming reality. If China really wanted to implement regulations that would prevent exchanges from allowing CNY trades to happen, they would have done so years ago already. These special licenses were likely already on the government's to-do list, but it's the recent growth the crypto market has gone through that made them to do this, until they find out how it is the best for them to at least control the situation to a certain extent.
sr. member
Activity: 508
Merit: 250
In CryptoEnergy we trust
Positive thinking as always, bitcoin will be at 4500$ again. Remember  last year, this is the  same month when bitcoin go up from 600$  to 900$ , and by january this year it passes $1k.  So im thinking that the same scenario will happen next year.
Same here, I'm expecting and hoping that December will be a good one, same as last year. Bitcoin still have lot's yo offer. So under estimates its ability. We will see it on December.
newbie
Activity: 90
Merit: 0
I wish it to reach 4-4.5k and then drop again. So I could sell and buy back Smiley

But it wont gonna happen with my luck. I think it will be slowly recovering back.
full member
Activity: 994
Merit: 103
Positive thinking as always, bitcoin will be at 4500$ again. Remember  last year, this is the  same month when bitcoin go up from 600$  to 900$ , and by january this year it passes $1k.  So im thinking that the same scenario will happen next year.
hero member
Activity: 630
Merit: 500
To be honest I feel a bit uneasy in this end of September, the closing of the exchanger will affected the price but not too much because people already prepare for that situation, the one that I am worry is after the September,  I don't know what will the government try to do again
It's hard to assess the the situation of bitcoin now in every country, because whole crypto currency society were experience of some problems. But I just expecting much good news before end of September. Maybe we need to ready ourselves in any trials that come in digital currency industry.
hero member
Activity: 959
Merit: 500
Maybe we even see a different effect than we all expected.
At the chinese exchanges the price is lower than in the rest of the world.
People there are selling disproportionately much bitcoins, because it won't be so easy to convert them after 30th September in the local currency.
That is why I assume that after that day the number of selling people is going to decrease, and that means an increase for bitcoin price.
hero member
Activity: 605
Merit: 500
Can we expect another close down by another country?
hero member
Activity: 1274
Merit: 516
To be honest I feel a bit uneasy in this end of September, the closing of the exchanger will affected the price but not too much because people already prepare for that situation, the one that I am worry is after the September,  I don't know what will the government try to do again
hero member
Activity: 924
Merit: 502
i think bitcoin could reach above $4k before this month since panic selling happen and china declared that bitcoin trading will be banned on their country. it has a massive effect from $4900 up to below $3k but bitcoin right now is raising slowly i hope bitcoin could get up again and reach the target for this year which is $7k per bitcoin.

Being a long time earner of bitcoin, I am really positive that the price of bitcoin this end of the month still could not be predicted and due to the fluctuating behavior several past days. In fact I saw the price raising slowly, and many speculative ideas coming out that which mainly diverts and made people sell their holdings. Maybe if there's another whale to invest this last days of the month, that's possible to reach that $7k rapidly.
sr. member
Activity: 329
Merit: 254
i think bitcoin could reach above $4k before this month since panic selling happen and china declared that bitcoin trading will be banned on their country. it has a massive effect from $4900 up to below $3k but bitcoin right now is raising slowly i hope bitcoin could get up again and reach the target for this year which is $7k per bitcoin.
i also think that there are very little chances that the 30th September will have such a bad effect on bitcoin. i think bitcoin price is already trading in a low price and i do not think that there will be further decrease in the price of bitcoin any more. and hopefully that after 30th September its price will boost and will very soon reach to is previous value from where it was drop.
sr. member
Activity: 518
Merit: 250
According to my predictions for september 30 is there will be a keajiban shown by bitcoin that bitcoin will increase on the numbers $4900 and survived until the beginning of October to $5000 I am very sure this will happen again because the other day then bitcoin weakened already helpless so it makes the holder of the bitcoin be glad if see this happen
legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
BTCC will be no more on September 30th. How do you see this effecting the price?

I expected to see a drop in the bitcoin price before this date which is actually happening right now but the amount cashed from the Chinese exchanges (the real value) will simply go back to the other exchanges mostly to bitfinex and Bitstamp and drive the price again to + $4000
hero member
Activity: 868
Merit: 535
BTCC will be no more on September 30th. How do you see this effecting the price?

I don't think prices will drastically go down by september 30. I do think there is even a chance the bitcoin prices will pump by that day since whales and other rich people who want to get into bitcoins will likely buy when the prices dip by that time. However, all we can do right now is wait for it and see for ourselves. I would definitely save up some money to buy at that dip.
sr. member
Activity: 826
Merit: 265
OK here's mine. Since one of the largest Chinese exchanges will stop its operation at the end of the month, I think it will put a dent on the prices simply because their user based will start or have been starting to dump their coins up to the end of the month. So a pullback to $3000 is very possible. And soon other exchanges will follow as well so it could be very well around $2500-$2800.  I hope I'm wrong, which I'm usually is.
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