Bitcoin Forum

Hey! Last week was crazy on bad news. Even more than the week before that. Every single day cryptoworld was literally attacked from all sides - China stopping ICOs, CNY trading and closing exchanges. JP Morgan CEO, Charlie Lee and Jihan Wu adding the fuel to the fire. Even Namibia banned crypto. Do you think it is over or is it only short break before monday?

I sure do hope it is done and over with, the dramas had been succeeding and I would love to see some greens in the trading sites. But I'm sure if bitcoin could speak, it would say bring it on to every news thrown at this coin. Still hoping though that these bad news would end but we really can't tell for sure though, news will always be there specially that bitcoin is still standing.

Monday will hopefully bring beginning of the new bull run :D We deserved it after all this chaos

I do hope so too, but it is better to be ready and prepared. Do you think the amount of FUD and bad news was so big, that people will stop paying attention to it?

The china will try to issued the same token as the USDT token which already mentioned to be the digital form of the CNY itself, because the chinese already tried to hire the proffesional blockchain development.
But the crypto must get another good news to increase the demand to make the bullish trend again.

That will be the greatest ICO ever! Too bad with high probability only Chinese citizens will be able to get in.

I don't think monday is going to be picked vital, a lot of people say that the Forex markets and the cryptocurrency markets aren't affected by this .

there will be no speculation about china and chinese people. it is better we will walk our way.

What will monday bring to us?

Probably a new capital. I expect bitcoin to go back to 4k$

I expect BTC to go on steroids (4300-4400$)
I expect Ethereum to climb to $310

It would literally be just a way of tracking the movement of CNY in the markets. Created to control deposits and withdrawals of CNY. In China it will probably go something like this. Go to the bank give CNY to receive CNYT, use CNYT to purchase cryptos, then when your ready to cash out you transfer to CNYT, go to bank withdraw CNYT pay taxes, etc. then receive CNY in the end. Nothing else. Just a method of tracking CNY.

I certainly hope so. It looks like I've entered in the ETH investment at the worst possible moment.
Damit! I always do the same mistakes and buy emotionally! :)

I hope Monday will bring some relief to everyone.

do not panic, I think this situation is only temporary. I'm sure the embers of them will burn the rocket axis and the rocket will soon slide towards the moon, leaving them anti-crypto.

no maybe we will have little recover on Monday. Bitcoin price usually fall down at the weekend

Red (fall) weekend and the start of the green week ( rise) ; I have seen this cycle often. Especially after the storm, Bitcoin and altcoins dump strong. Now is the time to recover. Wait good news!

Weekends are mostly profit taking so we are getting some of that. Overall, next week should
be up nicely.

Unless you are a trader you shouldn't really bother too much with that question. A lot of what's going on on the market is pure psychology, once you start following other ppl's patterns and mindsets you might find yourself in a difficult spot one day. Make your own observations, stand above them and keep the bigger picture  (the long term) in mind. 

Exactly what I've been saying. Crypto market is a lot more psychological than statistics. In a market where a single tweet or interview can send things bouncing up or crashing down, you need to start understanding the psychology behind it

Market already reacted to the bad news. Now its going thru the usual weekend phase. My guess is recovery on monday and beginning of another rally

Probably another wave of selling. There is a new rumour going round that China might ban the bitcoin protocol itself, which would halt mining.

Who knows if it is true? The problem the markets have is that earlier rumous about China were dismissed and then turned out to be true, so now they're paying attention to every single rumour going, "just in case".

I hope that the huge drops are over, we all had time to panic, calm down and buy some coins. Now it's time to start making profit. I want to withdraw some btc when it is $4500, because I need some money. Yet I don't want to lose huge sums due to the price drop. I guess everything is slowly getting back to normal.
Well, I don't think that Chinese government would really risk so much. Come on, banning the icos is one thing but making businessmen lose their money is another. I guess people in China are too used to Western things to let such a thing go.

Who knows what to really expect. But I'm thinking bitcoin will remain around $3000 to $3500 for the short term future. There's no new money being invested in right now. We need some positive news for that to happen.

I am expecting the same, rather all the bitcoins holders are praying for bitcoins to get back to 4k dollars as soon as possible and Monday is a nice chance for bitcoins to reach their previous values. I am pretty much sure those who sold bitcoins in this week are going to regret badly.

it's already above 4k . . . next stop should be 5k and then up from there. Lets hope no one panic sold during last crash.

i guess it is good that today "Thursday" Some Prices Comeback.
and Ethereum is Good again at 300$. i may say it is a good Week
for some Coins. and for holders

Mostly all coin are comeback... holding few coin now...  :-* :-* :-*

Overall this was a good week for crypto. We saw some nice pumps in the last days I think the most coins prepare for a new bull season. Maybe we see some nice bullish action while the weekend and the next monday could get bloody, but we will see. Maybe we have some permabulls again :D

To me personally it seems to be finished, everything should go back to its tracks, and when it comes to negative rumors I think they have finished and everything will return to normal.

This Monday will be a boring one probably. I don't expect any dramatic things to happen. Of course some regular ups and downs can happen but nothing important probably.

i hope monday is hopeful day to giving all positive results so i would like to start on Monday. overall these week good for crypto currency i hope that.actually i seen good high pumps last week so really i was very happy for that.just we have to think positively because in trading we have to see good and bad so we should take both are equal. so i would like to buy this week happy and i was very happy to this.

Mondays often are bloody. But if everybody expect this, it often results in the opposite. The high caps alts are all looking very good right now.

I expect the new capital which pumped BTC will flow into alts soon.

Because they don't share the same Market hours is the stock market however the stock market moves money which is used in the cryptocurrency markets. Everything ties together but the only thing that's really going to happen Monday is most of China's sites and things are going to be back up and running.

Well i really expect that we are going to see Monero and Litecoin recovering, and maybe we can see Lisk doing the same, but i dont know yet. Ethereum might go to $350 if it has a great volume, but in respect to bitcoin, i dont know, probably it will get to $5800 again or a little bit more.
We just have to see how does the market disenvolves and reacts to the price, but altcoins are going to have a nice week.

I think that with this strange things value will break down, one in favor, and the other will fall by itself all the confusion of the market in the face of these problems.

Mondays are often disturbing, you are right. Beside it that you have to go office after two days :P still there are some more bad things about Monday. In field of coins, on Monday there are more transactions and thus price got a hit, either up or down but it gets. So for this Monday, hope for some good results for bitcoins and altcoins too.