Bitcoin Forum

The price has been raising uncontrollably since last week !!!
However , Chinese will public their decision of Cryptocurrency on 30/9
Do u think the price may keep raising or decrease ??

no, bitcoin never PUMPs!

there will be a rise, probably with the same speed upwards like it has been so far in the past couple of days and then there may be other stuff on the way. depending on how those FUDs go, price can either break $5000 or stay at this level.

as for Chinese crap, the news is already priced in. there won't be any more drama regarding that.

The BTC price will likely stay up because yesterday the price remains stable at $ 3.7 in the long term, I'm sure the price will be 10k soon, but the bitcoin development is hard to read, we can only predict with very little possibility

BTCChina has already announced that they will be shutting down ages ago. Investors wouldn't panic now, because they have already panicked over the whole situation around a fortnight ago that drove price significantly down.

I think that by the end of the month we may actually see an increase in the bull market.

This is because when BTCChina actually does close down, people will realise that they are not something that is completely needed in the first place. Chinese traders trade on localbitcoins mainly anyways.

Now we need to get past the November drama.


will increase, what matters most is get rid of the influence of china and overcome the drama of November, if we can remove these two obstacles will be very good

There is a possibility of a continuing rise in price for Bitcoin and it can happen whatever can be the decision or news coming from China as the China Effect has  already waned from the market. We have already moved on away from the China bad news and since there are already many good news on different fronts relative to Bitcoin the market is getting into a positive mood and that is what we are experiencing right now. However, days going into November can see some apprehensions as we are nearing the scheduled fork and this can also be a hard fork giving birth to the so-called Bitcoin Gold (BTG).

I am glad that the market is returning to be green for Bitcoin and we are hoping that this can be the same mood as we are about to enter into the year 2018. Hopefully, next year can be the banner year for Bitcoin as we might be seeing new markets being opened and regulated allowing the entrance of Bitcoin on many fronts.

Yeah, now bitcoin price has taken a step of forward, let see where it stop now in the end of 2017. But i have no correct information about China take decision, but nothing bad incident will be happened with bitcoin price. Only little dump and pump will happen. But now bitcoin price is better than last 3 weeks and in this time bitcoin is $4257 and only 2 days left of 30/9.

What decision are you referring to?
China already made their position clear with regards to where they stand in relation to BTC.
BTCC said following the announcement that they would be ceasing operations come Sept 30th. Is that what you're referring to? If so, then the price my take a small blip but other than that nothing significant should happen...

Unexpected though and I really thought that the rise would happen on October or maybe in November since I really think that chinese fuds affect and rotates on this month but I'm so wrong with my expectations and looks like the btc pumping is now starting and rocking. And might those 6k$ is reachable for seeing the price reached today so I will stake my btc for now and let see where this one would bring me.

Since it was not long ago at $5000, it's better aid that it is recovering nicely.


I think that many expects that the Chinese exchanges will not close or will reopen very soon after 30/9, that's the reason for this recovery.
"Buy on rumors, sell on news"


Depends on the news. If the exchanges will remain open, we may get back to $5000 very fast.
If not, even one more price decrease is possible.

I think people are wondering what happens to the coins on those exchanges.

Lets suppose all those users had to sell their coins for yuan in order to withdraw. That means the exchanges now own a lot of bitcoin - and we don't know what they're going to do with them.

the pumping days of bitcoin are long over. you are confusing bitcoin with some random pump and dump altcoin my friend.

there going to be rallies and corrections. and from time to time there will also be some bubbles and bigger corrections like the $5000 bubble and the correction down to $4000 but also sometimes there are FUD that causes the corrections to go deeper like this bigger drop to $3000.

and each time there is a situation like this there will be another rally after it. a rally that will lead to a much higher price and previous ATH be broken. it can start now since we still have some time until the next FUD starts.

prices continue to rise because japanese have legalized bitcoin, believe japanese strong japanese figures like masashi hiraisin satoshi also come from japan, also jepang will launch crypto in 2020, i think bitcoin keep increasing as sharp as hiraisin sword

Point of correction, the price of Bitcoin doesn't rise or fall uncontrollably - demand and supply does that perfectly well. Evidently the market had excess supply recently as PBoC had Chinese traders and businesses selling off their Bitcoin, so price had but to dip.
Stale news and the community have already moved on! China is only a fragment of Bitcoin and the cryptocurrency world, they erred by jumping to the conclusion that they were indispensable, of which they're not.

Japan have taken over more than 50% of daily trade volume, there is South Korea, there is Australia and a voracious global appetite, China will now have to fight to merit relevance.

For me, there's just a minimal impact regarding the Chinese shutting down and closing their exchanges. So the price will continue to rise despite the Chinese news. The trend is going up so I'm expecting that the price could go up to $5000 entering October. But don't used the word PUMP here, it looks like bitcoin is a bubble which is not. And don't worry about the Chinese they are completely irrelevant now.

According to my knowledge the Chinese exchanges have already announced that what is gonna happen on 30/9. Some of the exchanges are shutting down their operations while some are shifting their setup to other countries where they think bitcoin & cryptocurrency will face no such problems, like in China.
In the light of the above discussed I can say there there will be no great effect on bitcoin with closing of Chinese exchanges and yes it's price will increase.

there is no certainty as to whether it is up or down because it all depends on what is on the market. china will not make the market back into panic and somebody sells some of their coins because now in japan and various countries have legalized bitcoin so the market price will not decrease drastically

It will go up and down, around 4000-4900.

We need a new consolidated floor at $4000. If the price spikes suddenly to a new ATH, it will be risky, considering the fudsters of China, november fork and probably some other shit related to State regulators.

But with a consolidated floor every fall will not go below $4000. So the price will keep going up and down, like waves in a beach. This will be a good moment for altcoins, as volume is increasing in Bittrex and the up and down trend will bring more satoshis to people trading in these markets.

Of course we all need to go to $10k. I want that too. But it can crash hard if it goes so fast, with the fudsters multiplying every day.

Nothing really big will happen as far mentioned by many press or people after 30/9 but the price will rising slowly I'm pretty sure about it.
But one more thing, the trading activities is now currently on its peak by the affection of government regulation and also big instituion's statement regarding bitcoin, everything is unpredictable right now.

main news is the china regulating the bitcoin exchanges and i think that news will becoming on oct 15th after that only we can see the movement of the bitcoin. Till then their will be fluctuation of price in btc and we can also see the price moving near 5k but if the regulation is positive for exchanges then we can see the price moving above 5k

i will just make a little investment now to cover the unpredictable situation in case bitcoin skyrocketing again and again and rather than you will confuse to choose buy it now or wait later when the price dropped , i will choose to simply buy it as a future investment.

in my opinion after the 30/9 the market will get a little crash to bounce back later in new year. however i will buy more bitcoin now.

In my own opinion, I think the price will keep rising in the coming days. We just had a healthy correction in the past weeks and that provided the best setup for whales and traders alike to buy BTC on a much cheaper price. After accumulating sufficient amounts of BTC, I'm expecting the price of it to rise even more and the Chinese announcement regarding their decision on their cryptocurrency regulations should provide little to no effect.

Though it is impossible to happen as of this moment, I think it would be best if the cryptoworld would distance itself from the grasp of Chinese government. They are just bunch of people who wants to control BTC and crypto for their own benefits.

So in my opinion in the short term the Chinese ruling could cause volatility however longer term
I see a bullish trend with BTC

Predicting bitcoin is become harder as it keeps getting more and more complex about i can't predict the price of bitcoin anymore it has become really hard. I have decided to quit bitcoin and sell most of my coins for altcoins i feel siacoin and qtum have better potential than bitcoin

I think the pricing would still be in an increasing trends after 30/9 still the November fork would be an issue though. If after all of this bitcoin price prevail then we can expect a new all time high within 6 months time. Assuming everything favors bitcoin and other cryptocurrencies.

We still don't know what would happen in the upcoming fork. Though I don't think it would have much of an effect because people are not talking about it that much unlike the one in august where the FUD went overboard. If we see a steady price after this event then we may hit around $7000 before the year ends.

who know?
for me bitcoin price is full of mystery, the price can rising during bad news, and price can down with bad news too.
the current problem is bitcoin not decentralization again, some people with big name says bad about bitcoin then price down , i think we need sathosi nakamoto comeback

They are the fucking masters of manipulation mate, one day they would cause panic and it works to their liking as their people are left with no choice

But to dump and when they do the government's people grab the coins, what do you know about their final decision? nothing, wasn't the price low as

$3300 a few days ago? now they already sold their coins because they told people that they are going to open trades on 30/9 but they will somehow

Do something to cause another drop.

10k honestly doesn't seem to realistic right now. The best we've seen so far is nearly $5k, so come one, a year might pass before we see that price. Yet I'm glad most of people voted for yes, because I'm waiting for btc to become worth $4500 sometime soon to sell some of it. Unfortunately, it doesn't really grow more than up to $4200 or so. If only there was some good news ahead which can cause the growth..

I think price will dump again after official announcement from chinese government which we might hear on october rather than by end of this month.

Despite the fact that chinese ban on ICO and trading platform have already had its effect on cryptocurrency, I am still expecting some flash crashes from chinese whales.

Expecting a pump from bitcoin is not realistic now. China won't announce a positive thing for bitcoin, so we better be careful these days, Gotta follow the market carefully.

so what should we purchase more BTC ppl
I want to hold more but the price is so high right now T.T
I think the price may go down a little bit on 30/9 , should I keep waiting or should I purchase immediately

What it means to be careful. For traders now the situation is not the best but most people are not traders. Almost all keep their savings in bitcoin in the hope of becoming rich. For them it does not matter the price of bitcoin now. They are determined to keep it for many years.

If the Chinese government proceed with the shutting down of crypto currency exchange on 30th September, 2017. There will dump in price of bitcoin but good things will come out of it in the end though.

If you have money and you are a long term Investor than you can keep buying at regular intervals . This will help you average your price and also you will start buying Btc and can also trade to make some money out for BTC .
This can help you make some money via trading and also via investing .

I think not, our bitcoin have evolved and already resistance to such regulation because china have lost their bitcoin, I think that their bitcoin users have cashed out all of the entire bitcoin they have to avoid the regulation, therefore china have no more bitcoin and not a bitcoin holder with major percent anymore

It's only a day or two till the 30th comes.

The reaction so far seems to still be quite bullish from the market. The fact is that BTCChina has already stopped accepting withdrawals and begins to shut down their exchange yet the price is still going up.

This indicates that traders probably aren't that worried about this event at all. The price should go to $4500+ in October still.

I really hope that the price touches $4500 after 30th, because next week i am going to withdraw some bitcoins, and if the price reachs that rate then it would be more than 10% than atm price. Anyway, i really think that bitcoin is going to rise after that, maybe it makes a little dump, but who knows? nobody can predict what can happen with cryptos. But i dont think they are going to ban it permanent.

There is no reason to pump Bitcoin.  Bitcoin is already in a Bullish stand and no reason to pump it to increase its price.  It just need some more hype to align with the bullish stand and we will see Bitcoin price to go up fast.    I believe with the current stand, Bitcoin price will be on an uptrend because Chinese FUD effect does not weigh anymore.

However there seems another FUD around about Korean government halting all korea based ICOs but this will not effect foreign ICOs, if this is true than it will also have some effect.

Like rumor, if china will also ban bitcoin mining than we might see another bearish trend for really long time. Bitcoin mining in china is really big and it will have much larger affect on crypto.

Well, that is purely speculation and could be just BS news.

If nothing else comes out in the next few days then i expect October to be the real beginning of a strong bull market. People realise now that governments have actually very little influence over how the bitcoin network is run, all they can do really is ban bitcoin exchanges and ICOs.

Even if the Korea news is legit, i doubt it'll have much effect.

After the 30th, i think that the price may actually start to increase even quicker.

The uncertainty surrounding the whole regulatory framework for bitcoin in China was the main killer for bitcoin price. Traders absolutely hate uncertainty. Even if everything bitcoin related does get banned in China, it's better than uncertainty as people will find workarounds fairly soon and go back to normal business.

I'd expect price to go to $4500+ in October. Plus, BTCChina already stopped deposits from coming in, right?

Im hopong for it's quicker pump but it seems to be stable on range of $4200 , at least hope that October may be a good price increase might happen and will be buzz by hard fork FUD again, FUD everywhere.

And many buyers and sellers - whether they are speculators and want to use Bitcoin as store of value - do they trades based on what's expected to happen next.
Many Chinese (and not only miners) have panic-sold. If the things get back on track in China, the trend will reverse: many people will buy again, whether as speculation or store of value.


I still believe that China was the one that made Bitcoin reach 5000$ and China was also one of the many that made Bitcoin fall to 3000$.
Of course, the newcomers help with keeping Bitcoin at 4000$ and even without China Bitcoin will rise sooner or later, but with China it'll rise earlier and faster.

What kind of decision will be published on 30/9? I thought they have announced all the decisions about bitcoin and exchanges.
Most exchanges already closed or will be closed on September 30th, but the last two biggest exchanges, OKCoin and Huobi will be halt trading activity by the end of October. Unless China will ban bitcoin and the mining as well which still FUD.
Nothing for sure about the future, but I prefer bitcoin price will rise on October until another hard fork implementation.

Yes its still depends on how strong the FUDs hit the community. It may make or  break the price of bitcoin, but for now? I dont think the community can easily be carried away by these fuds. Not like the old days,  that we are easily be affected and carrird away with these fuds.

Getting pump by 30th September is very certain if Chinese regulatory agency come out with a bit soft landing. I have been analyzing People reaction since the beginning of this FUD and I can tell you that many amateurs traders will be cut inbetween. The professional, may probably stay out of the market and the inexperienced will jump in at the wrong time. One thing that,we should know is that the best thing to do is to buy bitcoin now and hold until maybe some were next year because the longer you hold the high the profit.

No doubt it it China is the one that makes a big contribution to the digital currency network. Maybe this will change when more countries involve into legalized use of bitcoin. At present once again the situation is getting stabilized causing a better price move and expect the price to reach $4500 soon as we are now around $4200.

just think of china has already banned bitcoin exchanges, the price of bitcoin is remain not severely damaged, for that matter, the price of bitcoin is stable, so i would believe with yes, and the price of bitcoin is still going up. china is just extending themselves without accepting the things outside them.

You might about bitcoin been resistance to such regulation but the Chinese government only want to shut bitcoin exchange not bitcoin user which automatically mean some people in China still hold their coin. However, dump will surely happen if the Chinese government persist with the shutting down.

Here too the government had several times made inspections and resulted the functioning of the entire exchange services. Even after that, following the same issues makes the government to go with the planning of shutting down the exchanges with no disturbance to the user community.

bitcoin price always rises periodically maybe it will surpass $5000 in next month or $6000-$7000 by the end of the year.

If your said is right, the whales will keep bear trend in a long time, maybe few years still very normal with them because they do not care you can keep your coin or not, only want you give up to them and they will earn profits help you ;)

tomorrow is the day speculated and btc were slowly moving upward and can be a good sign that's it increasing, pump may happen anytime by October since even another banning announced it seems btc were nit affected.

but i think that now the trend is changing, now people are giving more importance to bitcoin from all over the world. i think that now the number of bitcon users are increasing in throughout the world,we can see the bitcoin users in every places and i think still the number of bitcoin users is increasing, therefore we can expect that if a single country will bane bitcoin i am sure that it will not not put so much effect on bitcoin.

Seems you have predicted it right. Oct start with some good indication. Hope the trend will continue for rest of the year and we will cross the 5000$ mark at the end of this year. Let's see what happen in next few days.

Bitcoin doesn't pumps. Right now whatever growth it is experiencing is genuine. People are investing, bitcoin is getting media attention, some countries are overwhelmingly supporting bitcoin, all in all there is a positive atmosphere with some instances of negative news that comes and goes. There is a legit increase in demand. But yeah with growth there are always some instances of pump but then Bitcoin always go a correction phase after ATH. In October, most probably the growth will be there as market is over China's FUD.

well it has started the october month with good bullish sign hope to see the same trend continue but there might be some correction coming up too as the bitcoin fork news is again active . seems like we will have another altcoin bitcoin gold .

I see uptrend for bitcoin value so I'm optimist that bitcoin value will keep increase although Korea ban ICO  , just ICO !
As bitcoin getting bigger and more attract people to invest !


It's a good news for bitcoin reputation around the world

I do not think the Bitcoin was pumped during 30/9.  Bitcoin was rebounding after its dip.  Honestly I think right after Bitcoin recovers from those FUD, it is now back on track for being bullish and uptrend market.  I think we will be seeing $5k  soon.  With these two compay (AMAZON and GOOGLE) getting involved with Bitcoin.

Two big companies can influence new users to adopt, banning were not recognize now even there are ban started in Korea and China but still btc recovers.

I think there will be more pumps on its market value. But since there will be a hardfork in November we should also be awared of that and expect for backdrops. The same thing happened last month of August, there were dumps before the hardfork but after it  continuous pumps took place and lead to Bitcoin's value to be priced at 4500$ in just a short period of time. Same thing could happen in Nivember but what's important is to hold whatever the outcome is.

The news about Amazon was a baseless rumour and it was quickly discounted. I don't think that is the reason for the market rising now. In any case, we have put Jamie Dimon's comments and China's actions behind us for now.

Today is october 3 and if you see the bitcoin price it will increase and pump . And im very happy because bitcoin will recover again . For sure those people bought bitcoin last month are very happy because they can earn some profit now . But i suggest hold it because I believe it will increase more and they have possibility to become 5k dollars in this month what if hold it before end of this year for sure you will earn more profit.

Mate i don't think that the price of bitcoin will fall down again. Its true that recently the price off bitcoin was fall so down and it was very sorrowful matter for us but finally bitcoin start to growing up and today bitcoin price is around 4322 dollar and i think it will hit 5000$ at the end of this Octobe..

It is right that bitcoin is growing more every day and I think it is right that bitcoin will get rise after 30-9 because speculations are going to end. Experts consider bitcoin at the end of this year more than $5000 and we are seeing bitcoin for the last three days in growing direction. I hope in October bitcoin price will jump high and most probably it touch the figure $5000 in October.