Bitcoin Forum

What will the China ban/FUD do to bitcoin in the next coming days till the 30th. Are you guys holding or Trading to fiat? What are you’re thoughts on this..

I am definitely gonna hold and many people would too. It would be foolish for people to sell  their bitcoins and get panicked. Bitcoin is recovering back as wee can see Bitcoin is again upto 4000 dollars so holding would be best if you wanna take the risk.

Nothing. Everyone knows that exchanges will close, so everything is already priced. Any action already took place some long days ago.

I think September 30th will another no event.

i think hedging a small portion of your portfolio with bcc might be a good idea as well.

Despite the good pump we are having right now, I still think bitcoin price can go down to $3k or $3500 again before getting back on huge bull run.
Sep 30 is quite near and looks like we are in huge bull trap where chinese whales can dump their bitcoin to hold fiat till all this fud and ban will settle down in china.

Let's stop speculating on the upcoming closure of the Chinese Exchanges. We need to go and move forward from it. It only creates panic for newbies. As for your question, I will not trade it to fiat and will still hold my bitcoin. I'm not worried if the price comes down once again. We have seen it already but bitcoin has recovered and now that the $4100 barrier has been broken before the closure, I'm expecting another massive bull run regardless. So its better not to dump at this point but hold. And if ever the price goes down again, consider it a good buying point once more, specially for new investors who wants to enter the market.

I don't even read that BS. I just ask myself "is bitcoin the fastest, cheapest, and most secure way to send a million dollars?" As long as that is true then I think it will be worth much more tomorrow.
Why the hell would I care what the Chinese government is doing, lol?

I think China's policy under any circumstances is used too much by propagandist this month. It doesn't helped anyone but themselves who profited or taking advantages on the weaknesses of the new bitcoin investors and users. Enough of this bad news, let's ignored this kind of news as bitcoin is recovering and now on 4100$ price and above.

This is just a trend that people created i would prefer that you should follow the bitcoin in everytime if you are holding bitcoin then you are doing great if you are trading then you are doing great no matter with fiat or bitcoin it's up to you.

sometimes you have to be "do not want to know what people say" to get a good thing. for now I will also like it. I will not listen to the words of those who more plunge me into bad things, I will hold it no matter what happens.

Hello all)  Not only China are main player in this game. Price on crypto never ll be calm no matter with China or not but how I see today it be normal to hold it but with understanding that this huge risks and no matter hold you your coins or trading. Here is a lot of people who can just give an advice but you should think twice  ;)

I think you are right. The great thing about the Bitcoin market is all the speculation adjusts for major events way before they happen.

Hold on. I dont think btc is going to crash any more it has very well stabilized at this price now.

Definitely I'm holding my bitcoin as the price will surely increases for the next month it will boost 5000$ above. China's regulation will only strengthen the principle and the mind of the investors towards bitcoin as we all know that they're bullying style won't work again especially in this virtual world. We don't fear if they are not part of this system for they only a one country to begin with and we are worldwide. Let they're boastfulness create chaos to there government and to the users itself. Bitcoin is meant to be decentralized and that should be it, no control must be implemented toward cryptocurrency.

Bitcoin can reach 4400, and when it reaches this level, we can see 4900. If the momentum of the price increase continues, it can reach a new level of 6000. ;) ::) ::)

I'm not from China and i don't use any Chinese platform. So i'm OK  ;D

china issue is gone, i think no more bad news will coming out. chinese exchanges closing in 30th Sept won't have big impact to bitcoin, we already faced big dump. now just move forward, continue to normal trading or hold it's up to you, just leave china issue behind.
nothing will happen, my thought

I think so too. This is unnecessary panic. Fact China is a huge market but it does not end there.

China had set up its things by shutting down exchanges that do not have a proper license to operate.  And the effect of it already faded I think.  It seems that Bitcoin will be at around $4000 plus price after September.  It is good to see how Bitcoin bounced back from the dip and somehow looks very bullish before the end of this month. 

I'll be holding as well, I am not interested in playing the market
especially with all the panic and FUD. i a also expecting a bit of
a non-event but if the price does fall again I wont worry.

Well, honestly i am not afraid of all that fud that concerns about china, most of them are fake news that only wants to make bitcoin go down, maybe they are real, nobody knows the real truth. But if i need some money, i will withdraw a little part of my bitcoins, but i am not afraid of it, so i will hold most part of my bitcoins until they reach at least $5k - $6k. I think that is the best thing that anyone who is holding bitcoins could do.

Bitcoin will going on its way without china , i think nothing will change for bitcoin price after 30 of september and bitcoin price will over 5000 dollars without china.

Well everybody already know about the China ban. That is the cause of the recent crash to sub $3K. It is already priced in.

Now we are recovering fast, I'm glad and holding strong. Although I feel the recovery is too fast and might be unsustainable in the short term.

Nothing is going to happen at all, the threat of banning bitcoins and the banning of the exchanges already drove down the price already and we are currently in a recovery mode.So whatever happens on the 30th is not going to affect the value at all

bitcoin slowly recovered the price value may on september 30 onwards bitcoin oge rebond and bounce back the previous price until reach amount of 5000$, the banned of china regarding the exchange rumor are bitcoin affected that banning but now bitcoin without china are going strong, invest into bitcoin or other altcoins right time today bfore contune to increase the price of bitcoin.

I've checked the coinmarketcap chart and it seems people are comfortable now even if there is a coming ban on China, that kind of news is over now but I don't know if there will be more bad news in the coming days, the one that happen is just another entry to the list of FUD on Bitcoin.

Definitely I will hold mine, with the news incase price is recovering at the moment. Even if China will ban about bitcoin I think price will still rise. Yes I agree with you it will not affect whatever the news it would be.

I heard many Chinese exchanges will shut down the end of this month. Is it true? What exchanges will be closed soon?

Huobi and Okoin have time until 30 october,but chinise already switched to local bitcoin and Singapore and Japan based exchanges,so nothing to fear,that China fud already doesnt exist

Of course I will keep hold of the bitcoin I have, I think the risks that are incurred when I hold my bitcoin hold smaller, because I will only sell it when the bitcoin price rises, today the bitcoin price goes back up to $ 4200 in Bitfinex , I hope this is an indication that the bitcoin price will go up and I hope it will reach $ 5000 the next month, at that time I will sell my bitcoin. Let's wait for the bitcoin price increase and let's enjoy it.

I only use cryptopia and have never tried wallet or exchange lain.jika you have used the exchange can be reviewed here so that we all know the quality of the exchange

Just take the coins out of exchangers from China... trading is always profitable when you know what you are doing, but if you don't just keep your bitcoins safe.

Of course holding. China is not going to restric or bann Bitcoin if they can make a profit from it. This is their game: they close all the chinese exchangers and stores of bitcoin so they can open a huge exchanger. Maybe even they created all this news and buyed a huge amount of bitcoin when the price was low do they can sell it back for big profit

yes china is now being focused on its ban. various rumors have been successful china develop. until the bitcoin value goes down. I'm not sure what will happen for the 30th day.

It would surely cause an effect to the bitcoins price,  but the question is: will it be enough to cause mass panic that would result to another big dump again?  I think not,  the biggest have already happened during the past weeks on its declaration and bitcoins price right now is bouncing back again.  And i dont think it can be able to pull it back to lower value,  people must moved on right now from that declaration and fud.  The only way for bitcoin right now is up: with or without china.

The deed has already been done. Well this is cryptos and anything can still happen

Same with me. It doesn't matter if bad publicity like this happens in the long run, BTC is still the fastest, cheapest, and most secure way to send money, no matter how big or small the amount. Though of course, I hope it goes back down to 2500 so I can buy even more bitcoins. It will go upward again anyway.

There will be no events in September 30. CHina ban exchangers, is not problem. CHinese traders can move to Japan or South Korea exchangers. They can also change into USD. There are many service that can change into USd, from USd chinese can change into yuan. That;s no problem for CHinese traders. The problem is when CHina shutdown internet.

Im sticking to the plan I have always had which is every time btc doubles in price I sell 10% of my bag, and hodling the rest trusting that bitcoin is bigger than much of the FUD that we encounter year after year. So far so good, so im not budging on this principle.

I would do the same thing too.Holding bitcoin is maybe a nice way to make it safer and even more profitable in a sense that it gives more opportunities to earn. Though I know that there will be risks to encounter but for sure it will just be gradually resolved. Recently,I hold my bitcoin and thinking of trading it because I want to save more money for my future plans specially there are many problems that I am facing right now. So in order for me to solve it,I should make ways so that I can repay someone that I have borrowed coins from bitcoin. I don't want to depend on someone who is pushing you away if they help you financially. It's really odd but that's the reality of life. I'm hoping for the good result on September 30th.

China's actions on both bitcoin and ICOs has destroyed the cryptocurrency market for the last two weeks, but thankfully the value of bitcoin and the rest of altcoins are slowly recovering. I think if you have bitcoins is better to hold them for now since bitcoin value is currently recovering and who knows how much the price of bitcoin will be by the end of next month? Perhaps, it might set another record in terms of price. If you have nothing serious just hold your coins, please! 

Old days are gone, now those purchased bitcoins for cheap price during "recession" have a positive balance.If nothing bad news gonna to hit market prices will test 5000$ level during October imo.

Those who are not new in the crypto world would most likely hold on to their coins, the newbies on the other hand well most of them would sometimes sell and panic most especially if they read somewhere that bitcoin or other altcoins will go down as well.

The ban on trade in crypto-currency on the Kita exchanges since September 30 already practically does not change anything in the current situation. The Chinese, I think, have already ventured out for themselves how to go about such a ban, bitcoin has almost recovered and it is necessary to move on. We have been paying too much attention to the events in China because they are too slow there to unfold.

Holding and holding and let tile trade for you

I'm really looking forward to september 30 because as I know on September 30 bitcoin prices will skyrocket, this has happened from the last few years so I'll buy to get more profit.

China is just playing games with the holders. Holding is the best way if you are thinking on long term. It will bounce back whether you sell your bitcoin or not.

i am still waiting for this end of the month but i still do trading btc pair fiat. as long as i can make profit with that, i still continue. no matter what will happen till the 30th, we still have many country that supports bitcoin and there is more country will approve bitcoin as a legal in their country. i think we don't have to be afraid about bad news in out there because they only want to make bitcoin price is down to bottom so they can buy a lot of bitcoin and then they can hodl it for a long time.

If you do not want to reduce the amount of your bitcoins it is best to sell it first. And make sure you can buy at the lowest rates of Bitcoins. Because you earn really but have a risk involved here because we do not know that it will suddenly increase and you can not buy it. And what you can do is reduce your bitcoins because of the high price you have bought. So the best thing to do is just let the panic selling people and the bitcoins will be restored to its previous price. And it may still be a new all time high again

Again I hear the issue here, you can that information from where .. ?? Is it valid.? Or you just hear the issue issue.? Please if necessary please send the link issue if you are correct. So we who are here do not worry about such things.

Now the price has gone up compared to a few days ago, and it looks like september 30, will reach $5000. I got tempted to sell bitcoin but I'm still waiting until the beginning of October.

Hold it first and watch out for that day. Anything can happen so it is safe to get in touch with the latest updates about it so that in time you alreae know what to do..

I will still hold my bitcoin until the end of the year, im not gonna exchange it in fiat because my thought its not gonna dump until october and will encrease at december

That is the most likely speculation. The fact is now the bitcoin price is on the rise and I'm also convinced that bitcoin can quickly reach 5000 $. Look at bitcoin price movements some time ago, prices continue to rise and this is positive evidence for bitcoin movement.

As of now, bitcoin price is back to $4200. So there's no reason to panic. I think, these rumors about Chine banning ICOs doesn't really have to affect bitcoin significantly. Price of bitcoin depends on its movement in the market. WE are the one who are controlling the price of bitcoin. At this point, there are only few people who are selling bitcoin that's why the price is rising up again. Once you sell your bitcoins and outnumbered those who are buying, that's the time btc price will fall. So don't let these China rumors condition your mind. Hold on your coins.

What will happening in september 30 on bitcoin? i don't really know yet, will China be treating something back to bitcoin? hopefully just a mere issue, and bitcoin still shows its prowess until the price can continue to increase for the next, now i keep holding bitcoin that i have and haven't sell it.

I saw some articles online that says that the government of bitcoin is now having discussion for ICO removal because they finally realized the importance of cryptocurrency in their country and its benefits for the people in china. If they will loosen the regulation then it is easy for bitcoin to get back in the normal days and we can see a faster growth in bitcoin's price if china will be able to get back in bitcoin again.

Whatever happen this comlng Sept30 I will still hold my bitcoin. I feel price of bitcoin will continue to rise even there are many issues. So I think with the issues it is still best to hold and dont panic.

I don't think too much will happen on September 30. All of the people that made decisions about the Chinese news have already made their choice. I think the thing to be worried about is the November hard fork with the potential 2xMB block size increase. That will definitely shake up the market.

The price looks like going up again but this could be temporary. In this period the price will stay rather volatile and I don't believe we will reach 5000$ by the end of the month. Probably the price will vary somwhere around 4000$ till the market gets more stable and users less caucious again then the rise can begin.

I firmly believe that the market has already moved on away from anything to do with China. What else bad news can be coming from China? Even the possible ban on Bitcoin mining I think this is already counted by the market (as if it has already happened) so it would be safe to say that from now on we will not anymore be bothered by the China Effect.

Now, the case can be different if in case there can be some good news instead like a news that the government is actually planning to allow Bitcoin to get into the country again under a very strict regulations. Any good news along that line can help boost the market though we can do well without it as the value of Bitcoin is right now going to the $4,300 level.

It is time we finally forget about China...remember that there are many big companies right now like Facebook & Google which don't have any China presence at all.

Holding. It may dip again, but then I'm going to buy more. I think the Chinese factor has been already played upon.

Nothing big will happen till 30th September. Just a few days more in September today is 28th September and all is going smooth and normal. Nothing unexpected, no worry. Big people of the world like bill Gates say that nobody can stop bitcoin. It means that richest people also interested in bitcoin and hopefully they will promote bitcoin in the future. So feel easy and relaxed nothing would be happen in this month.

now it's past the 30th of september and the bitcoin price is very normal no rutun the slightest ,, but if with eth definitely rise ,, down because I see it almost every day.

We are in the future now  ;D  Did they banned what they threatened to ban?

What region time used on this bounty ET? Thanks