Bitcoin Forum

WE ARE PLANNING TO INVEST IN BITCOIN. BUT WE HAVE DOUBTS BECAUSE OF THE NEWS THAT CHINA WILL BAN BITCOIN EXCHANGE ON THEIR COUNTRY. DO YOU THINK IT IS STILL SAFE TO TRADE IN BITCOIN? IF WE BUY NOW AT CURRENT RATE OF $3600 WILL THE VALUE GO UP OR GO DOWN?

i heard that the chain will ban bitcoin or and block some exchanges but to get Permits, but also i heard japan will create ASIC to mining bitcoin .

so we heard a lot . and the chart will talk .

good luck with your invest .

It's very hard to predict right now. There were just too many factors in the past weeks that affect the Bitcoin. FUD from China and JPMorgan while Bitcoin was moving towards new alltime high. Noone can tell now.

You may try to wait if it goes unter 3000$ again, but at this Point, i would definatley buy in.

Noone is going to give you a 100% confident answer.
If they knew that they would be selling to buy at the bottom.
Long time trend is always up

Of course it will go down. Everything looks dark now.
China and several other countries are in the works to ban Bitcoin.
November will see the most horrible chainsplit ever seen in crypto.
This thing is going to see double digits again within 8 weeks.

But maybe if you write more capitals it will go up and fix all the problems.

Nobody can predict the future, if they could they wouldn't share it with everybody. The China news is already out there and bitcoin has tumbled, the impact of the news is already factored into it's current price. If China got more strict about enforcement, it may go down further, but plenty of Chinese people will continue to use it as an investment. It's decentralized, so is hard for any government to stop.

Can we discuss the Terms "ban" and "regulate?  ::)

I heard of no Country to fully ban any cryptos (kindly correct me if i'm wrong please).
It was just a matter of time when governments will start to regulate this form of Investment. They just want to figure out how to make Money from it for theirselves (as usual).

So yes, maybe there will be more "bad" News. But honestly, i think the past weeks give a hint on the BRIGHT future of cryptos.

if you keep writing in caps, the whole internet will fall down in value

there is no need to shout with your all caps letters!

if you have doubts and scared of investing in bitcoin now at this price then don't! nobody is forcing you to invest now. you can wait and see what happens, if price went lower and reached a bottom then buy. if it didn't and recovered fast and went back up then be quick about it and buy before it is too late.

nobody can predict it for you even if you shout :)

ps. remember not to listen to the "numbers" people blurt out. they are meaningless when they randomly say a number as bottom and tell you to wait until then.

Is it safe, fud has been spreaded on the past, it  has been stuck in 3650 for almost 24 hours and people around here says it will fall to 2500$ soon, I would chose to wait til it comes down as 3000$ to purchase.

Well I think 3700 usd below is a good buy. Since that another Chinese drama has risen I think on that price all of us can cope and many people especially chinese people will buy bitcoins because of this. And who knows probably JP Morgan will buy the dip again with tons of bitcoins. A lot of you are asking if this might put bitcoin to its rear end. But I must tell you this everybody, bitcoin will never die. It is a good thing that happens to us all. It might dip but it will not die.

I agree that nobody can predict the future here in digital currency bitcoin, and it's beyond our control that people were really affected and feared about what had happened to china. Good thing about with china people, they don't lose their hope and remained staying strong on their eagerness to grow on their investments thinking that it's decentralized currency.

You have to have in mind that this market is risky. The values can increase or decrease as it is a very volatile currency. If sometihing bad or good happens in BTC, it will surely have an affect in BTC value. If you have money to risk ( you can afford to lose) then go for it, because for me, even with all the problems it had till now, it is still going on.

I have said it before, and I'll say it again > If you have to ask people whether or not it's a good moment to buy, then just don't buy! It shows that you have zero actual understanding of how this market works, and how trading in general works. If people advice you to buy, and the price happens to go down, you'll blame them for giving you wrong advice. If people advice you to not buy, and the price happens to go up, you'll again blame them for giving you wrong advice. Do some rookie-level-research and find out for yourself whether or not it's a good time to enter the market at current levels.

I thought that this rumour that bring chaos to the entire crypto communities have ended but why are u still talking about it. China has released regulation to tighten the rules for the usage of bitcoin not banning bitcoin.
the market capital in china has moved to japan, people are smart enough to avoid such rules and move to bitcoin friendly countries. this rumour or news are basically not a thing anymore.

There are alot of news going around from China, Japan and people, but if the price chart of bitcoin should go below $2500-$2300,then that is to say the news are having effect, but for now, happy investing.

Although china has a huge population, chinese people are just a fraction of the total number of people that use bitcoin. So in theory, china doing something against bitcoin wouldn't affect its price that much. So don't worry anout china. Plus, why focus on the bad news? Thee are a lot of good news about bitcoin today. You should just focus with the good news instead of worrying about a few bad news. But then again, I ain't someone you can trust, so You will just have to look at the charts yourself to be sure.

That looks you are spreading FUD to others in this thread. Because you are not understand about the bitcoin and where it goes, Do i need the mention the definition of the bitcoin? What the heck about your capslock?
Does it work properly? This just like an FUD.

Wait for next few weeks, when chinese trading platform will be closed their operation after sep 30 we might see good recovery on bitcoin price. Till than you can buy bitcoin at different price levels, don't buy bitcoin with all you have at current price ranges.

For now I think it is still good to invest in bitcoin and now that the value is really pulling off we can see that bitcoin price is struggling to rise right now, and I think it is because of the recent fake news and FUD that have been release right now I think that is the reason why we are seeing the price is dropping so fast.

No one can precisely predict on what direction bitcoin price will move on next few days or next few hours. Market is really volatile because of very low marketcap.

Its better to hold some in fiat and invest other into multiple cryptos if you are talking about investing thousands of dollar into bitcoin. Its better to invest in multiple altcoin along with bitcoin to hedge against possible dump on bitcoin's price.

There is no one can predict Bitcoin's price, because Bitcoin is really unpredictable because sometimes the price could be up and sometimes are down. Yet, you can read the news even it's bad or good news to predict are you going to buy Bitcoin or not because the news could caused the Bitcoin's price like Chinese news a week ago.

Buy some bitcoin at current price because you can consider this as really low price if you look at ATH price of $4700. You could actually make more than $1200 when price will recover from current chinese fud and confusion. It will not take more than few months for bitcoin to set new ATH price. Just buy some bitcoin right now and keep holding for atleast next 6 months..

i think yes it is the best time to buy some bitcoin in current time, because bitcoin is already trading in a low value and i do not think that there are any more chances that its price will fell down any more, therefore  think the present time is the best time to invest money in bitcoin and hopefully the value of bitcoin will start increasing very soon.

There is a possibility that Bitcoin will go down in price value since the FUD created by the Chinese negative action to Bitcoin is quite huge.  It really gave a huge impact especially in trading Bitcon inside their country.  It somehow cut transactions between their citizen and other Bitcoin user around the world.  And as i can see this effect will continue until the last Exchange that suppose to close shutsdown.

but i don't think that it will effect the price of bitcoin any as bitcoin price is already trading below 4000$ level and i do not think that it will drop anymore. i think that we can expect that the price of bitcoin is now start increasing and hope that very soon it will again reach to 5000$ and will even continue investing its price tell the end of this year and will reach to 8000$.

Of course no one knows what will happened and never it will be predicted accurately. Past performance can't guarantee future results. If everyone knows what will happen then we might go all rich here. Try to make an analyzation as far as you can do.

Try to learn those risks associated once you buy bitcoin. Once you accept that risks, then go invest your precious money. This is the challenge here in bitcoin investment, to play with the price volatility. If you don't have guts and really afraid of what will happen then forget investing in bitcoin. Eye for long term instead of be concern to all FUD that will happened on the way.

Predicting the rise and fall is not easy to do. But yes,  you can still do trading even if China banned bitcoin. Bitcoin even recovered after that incident happened and we are hoping for the price hike of bitcoin. Unless there are still panic sellers, then it will continue to go down.

You're just saying this without some convincing proof, what do you have of concrete that supports your idea?


hahahahahaha

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do not keep typing using capslock.

about your question:

these two months that follow will not be good for bitcoin, this is just a beginning of the price decrease

We should not doubt and thinking about china we should directly go for investment because investment can take us to high level because bitcoin is 100% trusted and it will make our trust like that as we are trusting so ignore china.

Compared to yesterday the price of bitcoin along with majority of the other digital currencies were in pump. Also it has started to be indicated in green. Maybe this will continue for a longer time period taking the price to cross $4000 at the earliest possible. If this didn't happen at least the price will go towards $4000 by the ongoing month end days.