Bitcoin Forum

Here the news
https://coincodex.com/article/1352/china-allegedly-plans-further-crackdown-on-cryptocurrencies/

i am not here to spread the FUD . just a question: do you think we go again the 5 February situation ?? :-\

if you dont have time read article
China the 15 march they might/will annonce future plans..

i am sure it will be affect to all cryptocurrency price and all depend on what they will announce, whether good future or bad of cryptocurrency.
as i know china is very big community of crypto and their decision would make different in this world.

this is not the first china to ban crypto, nothing has changed. just a short-term panic.
all back to normal quickly, I am optimistic that china only do monopoly, they just want to master everything.

Could this be the reason for today's decline? Everything is red again.

China doesnt want to ban crypto but wants to regulate crypto which good for crypto future. China will lead cryto in future so they want to bring some rugulation. We have seen many scam projects or many shitcoin in past and there will be more so its better to set up some rules. ICOs selling their dream mostly but its high risky so its better to dont let everyone make an ICO but good project with real teams and even with a working product. So do not afraid that kind of news. No FUD anymore for BTC..

because Asia controls most cryptocurrencies, I think there must be an effect, it all depends on how big the policy will be, but cryptocurrency is basically the technology of the future, which will not die only with the policy of one or more countries, i got this link for counter maybe https://www.coindesk.com/chinas-crypto-exchanges-didnt-just-survive-theyre-thriving/amp/

first of all China is always banning bitcoin (i know the article says crack down or whatever) :D
secondly any news effect depends on the timing of it. for example today price reached the upper limit (resistance) and it was tested like last times. it couldn't break it so it is falling down right now. if this news becomes big it can create a bigger dip but still won't be near enough to cause a drop lower than previous bottom ($9500).
if it came out yesterday and tried to become big, nothing would have happened.

nothing happend with bitcoin price because of this new rumors come from china,
i think chinese government just want to make new oppressive policies in cryptocurrencies  ;)

As you already know, Most often market if affected by news and events so short term definitely, the [prices will be affected but long term... you got nothing to worry about

China can`t affect whole market like 2 years ago. Now it is not the main market and any way they can`t kill bitcoin or something like that. All will be okay, no worry!

This is not a new one anymore, china always express their superiority regarding to crypto, they won't like to ban it completely but in some ways they just wanted to regulate and have more control about this industry, we know china is part of communist type of leadership, so everything around that country needed to be control by one leader, crypto is not exempted in any ruling, for sure this news will take effect in some ways but we should assess the situations much better and keep our patience up so we won't make any wrong decisions.

China is occupied major role in crypto platform so some problem is created in China. Automatically cryptocurrency value will be dump in the market.
But current scenario is unpredictable whatever happen in  anytime we believe this cryptocurrency it will protect our investment at same time still most of the investors are panic ourself.

Hmmm imo, it is always big nations that would cause the price to have major effect.
Regardless if they break down or not, it would mostly affect a little in the best case

Worst come to worst, it might just drop back below the previous support level and we will see

we do not need to panic instead of the first china to ban crypto nothing has changed. just a short-term panic, all will return to normal again quickly. so do not be afraid and worry with news like this. I'm sure there is no more FUD for bitcoin.

This is like the 100th time I'm reading that China is going to crackdown on Cryptocurrencies. No they are not going to, stop spreading FUD. If they do or whenever they might do, we all will know then but for now they are not doing any such thing.

One day you read they are cracking down and the other they are making positive statements in the news.

I can't take news articles like this serious no more.
I have seen too much fud.

I think that the thoughts that we will voice here, it's all only the thoughts,  we we'll know about all news on March 15, I think bitcoin is waiting for growth by the end of spring

It is already being affected, I think unfortunately we will not see a bull market in the following months, such crash can happen with this kind of news. Though no one care china, speculation and panic ride the price.

15 MARCH ! BTC will be affected or not ? What makes you that 15 march bitcoin will be affected, I think until the end of March bitcoin remained unchanged, maybe at the end of the year bitcoin began to show high prices and reach the peak as in the year 2017.

If its just regulations its a good thing, the crypto world needs them. I need to dig down on this matter and see if there is some more info out there regarding 15th March.

I don't think the market will suffer more than this, it will be same even after china news.

We will see BTC is so tired all the FUD out there that has been created even if it's fake by all the whales out there just to go down the price of BTC because they've position on short. But right now BTC is really bullish possibly it will hit $16k or $15k this month but ofcourse it will depend on the news.

I do not think that this crackdown from china will effect the market further as all the negativity has already been absorbed by the market in the previous months, now the only way for crypto market is to go up, hopefully.

china is gonna spread some FUD to buy more BTC on the dips :D

At the same time, due to bad China news we had a drop which looked serious back in September, but wasn't as serious as the February Korean drop. I think we're done with reacting on the news, especially on exaggerated ones. It is said in the article that the icos are banned already. What else can happen? Banning btc? I don't think they'll go that far. And yet the article explicitly says that its content is based on rumors. I don't think we should take them seriously.
The market just can't go down even more.

Yeah. probably the news has something to do with the price decline today. I was surprised that we go below $11K because the last few days it seems that the price is stable at around $11K-$11.4. Now China allege crackdown will put another dent on the price for sure.

As much as we wanted them to be out of the picture, it seems that its not the case. A simple (fake) news coming from them will tip the balance of the price to a downward trend.

Crypto market has reached somewhat of a maturity level. Everytime you see blood, it always goes back up. Just going to shake some weak hands while making others who buy dips richer.

So how many times will China crackdown Bitcoin? Isn't this already done two times. Looks like Chinese people are still using cryptocurrency without caring anything for the ban else government won't implement strictier regulations like this. Or maybe media is creating some FUD.

Ho hum. More rumours. Trust me, if people believed this news, they would be dumping right now. It's been several hours and we don't see Bitcoin really moving. Worst case scenario, people start believing in it and sell. Price goes back down below 10k. Then 15 March comes and the news is a non-event. People feel stupid and buy back Bitcoin.

If there's any news, it'll just be clarification. And possibly enforcement of existing laws.

Will go down more than this, but there should be nice bull run soon, maybe even higher levels than before...

The 3/15 event (China's annual consumer protection day) has been anticipated for a while. I kind of feel the impact has already been priced in.

I think it could affect crypto currencies only on positive side.
Because China can't ban the coins more. Now there is allowed only to think about Bitcoin...

so good day on 15 march to have some cash ready. Hope we'll see another 6th feb. 8)

I know with this news it will affect the price of the Crypto market, but I can not predict that prices will go up or down. The Chinese market has a large community of people involved in the Crypto market. Their decision will have a big impact on the Crypto market.

Well it may have an impact because china is a huge market of cryptocurrency.
But its impact on the global cryptocurrency market remains unclear.

Yes it will make a difference, one way or the other depending on what they announce but right now China has very little influence over cryptocurrency. Each time they 'ban' crypto the shock to the market is less.

Actually it is not the first situation that will happen in the cryptocurrencies. It happen before that has fuds, bad news about crypto. So, btc may affect this month or not or will continue into rise, let's see impact of this news.

How many times did china ban cryptocurrency on thier country? And now they are starting again to crackdown crypto, i dont think bitcoin will be affected cause bitcoin is already immune in chinas doings.

The penguin king of Antarctica is banning cryptos, better tether now before the price drops.

Just one nation won't have an enormous effect on the price, and even if they do it is always short term with Bitcoin. I am more concerned with the upcoming G20 conference which is on March 17-19 I believe. They are going to discuss cryptocurrencies in depth there, and that I believe will have a bigger effect as more nations are involved.

Bitcoin will rise further but not at the same pace as before. Therefore, we expect only positive moments in the market as a whole.

I am an investor, I will not believe in the rumors on the market. If someone sells what they have for these things then I will buy them all.

Another fake news, aimed at the collapse of the crypto currency market - a few weeks later will be a refutation. But everything that happens with crypto-currencies last months I would call a circus.

China, banning crypto since 2013.

In my opinion, I think china just wants to manipulate crypto, they always try to ban crypto. Anyways, it's just a rumor. Hopefully we won't see drastic declines this coming weeks.

I don't think it is possible even though we all know that  crypto and btc will be totally ban in china it will impact the price of btc and crypto but I am hoping that it wont happen .

If the bar reaches 10k, then the full growth of the entire market is possible, and this only makes us happy. But while I did not see that bitcoin offered something new, and it's unlikely that's why the price will remain at the level of 10-11k and then again the correction.

This is good point, believing in the fuds or rumors will bring your hodling into lose at all. March15, we couldnt say if the market by that time will be affected by the news. But if in case price had fall the chance to buy must rule because of low rate.

That's the reason the market goes down. greatly influenced bitcoin. Look at the market now. itself has caused

It recovers now, probably will not be affected. But altcoins are probably at the lowest prices now, even btc recovers, they can't rise much. Altcoins are really dead.

A few days ago the market is look like recover but now it's crashed again although they want to recover. I bought when all of coins high and how long I'm holding it until I get my money back, I really hope this is really really recover and I disagree if altcoins really dead

china is always like that and bitcoin is also same.. just hodl it when it come to dip

even only rumor, but some people especially if new traders still can be panic. it can change bitcoin price even only a little. and we know people so easy to be panic

I believe that such negative background is created to affect market prices in order let whales buy more crypto. Just one hour ago I've read that China is going to create own crypto,  so I don't even know who says truth

If this is true and China will go further with shutting down crypto activities, then it would definitely have a great impact on btc and all alts. Something similar happened in September-October 2017 when China banned ICOs

Needed to wait again until the market becomes healthy again, a lots of people thought that march will bring a great bullish movements from crypto industry, but it's seems that the market start to fall again as negative news like this are really affecting newcomers and begin to panic and sell their
holdings, better not to worry about situations like this, believe that inside this business bounce back are always present and always have a lots of
opportunities to earn.

with such serious political pressure. it's too risky to move. it's risky if you don't move. ( I hope this is not bad news.) I probably think the market is priced.

This is just another attempt to manipulate the market. I think that we don't need to worry. I'm already used to the negative news and nothing can upset me. I won't leave crypto. But maybe there will be a slight drop in the market on March 15.

China itself, quite strongly affects the entire market of Crypto-currency. Everything depends on the decisions made, and we all will hope for a positive factor and a growing market.

If it happens, I'll buy some more of my fav alts. we'll wait and see.