|
Title: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: krishnapramod on October 02, 2017, 02:56:11 AM Bitcoin just topped $4400 for the first time since in over 3 weeks and has now erased all of the plunge losses from Jamie Dimon's "it's a fraud" and China's shuttering of all local exchanges.
Quote It didn't take long for the world of crypto-currencies to shrug off Jamie Dimon's self-tighteous denigration of the decentralized currency that could directly 'disrupt' his cash cow businesses; and furthermore, as The South China Morning Post reports, China's bitcoin market alive and well as traders defy crackdown. Although the crackdown has dissuaded large swathes of less-experienced investors from participating in the trade, market participants point to the limits Chinese regulators ultimately face in controlling the industry, where many users are anonymous and difficult to track. In the short-run, the crackdown has also created an arbitrage opportunity for investors, with the price of bitcoin in China now trading at a discount to overseas exchanges. http://www.zerohedge.com/news/2017-10-01/bitcoin-surges-above-4400-world-realizes-jamie-dimon-china-dont-matter Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Batmain on October 02, 2017, 03:22:12 AM Bitcoin just topped $4400 for the first time since in over 3 weeks and has now erased all of the plunge losses from Jamie Dimon's "it's a fraud" and China's shuttering of all local exchanges. Quote It didn't take long for the world of crypto-currencies to shrug off Jamie Dimon's self-tighteous denigration of the decentralized currency that could directly 'disrupt' his cash cow businesses; and furthermore, as The South China Morning Post reports, China's bitcoin market alive and well as traders defy crackdown. Although the crackdown has dissuaded large swathes of less-experienced investors from participating in the trade, market participants point to the limits Chinese regulators ultimately face in controlling the industry, where many users are anonymous and difficult to track. In the short-run, the crackdown has also created an arbitrage opportunity for investors, with the price of bitcoin in China now trading at a discount to overseas exchanges. http://www.zerohedge.com/news/2017-10-01/bitcoin-surges-above-4400-world-realizes-jamie-dimon-china-dont-matter It is expected that we will have this kind of issues and news and critisism about BTC. Some says that this is only a technique to stop BTC price from surging and some says that someone is being hurt because its a potential threat to them. Despite all of this, the price is still hangging on and the unwavering adopstion of the blockchain all over the world cant be stop by a mere people and by a large government. Snowden, elon and even some celebrities are aware of it and they have participated and invested in some coins. Me as an audience and as an investor will watched as the price go up to the moon. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: xuan87 on October 02, 2017, 04:05:53 AM Yes it is a great rising, and people believe that Bitcoin still a great investment even after the price drop so low, the trust of the investors are the ones that keep Bitcoin alive, and one country, one man can't make Bitcoin down, and Bitcoin's price recover in a very fast pace
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Jovovich on October 02, 2017, 05:06:00 AM Yes it is a great rising, and people believe that Bitcoin still a great investment even after the price drop so low, the trust of the investors are the ones that keep Bitcoin alive, and one country, one man can't make Bitcoin down, and Bitcoin's price recover in a very fast pace And according to the article, even some citizens in China are investing in bitcoin so safe to say bitcoin didnt really lose the support of Chinnese traders and it's just the government that is having a hard time finding ways to regulate crypto currency. Besides it is not just Jamie Dimon who are against bitcoin. Even american businessmen have had heresy on bitcoin but bitcoin is still surging in its price. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: davis196 on October 02, 2017, 06:03:20 AM All the newbies realized that China and Jamie Dimon don`t matter and they stopped panic selling and started buying btc again.I`m pretty sure that Jamie Dimon owns bitcoins and all the shittalk about btc was to lower the btc price so he could buy more. ;D
I`m glad that i HODLED my bitcoins and refused to sell when btc price dropped to 3300 USD. I year or two ago, i was a part of the newbies that were panic selling every time the btc price went down. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: kimochidesh on October 02, 2017, 08:06:42 AM These negative news created a panic among the investors in the crypto-market for some time, but people realize that this is just a propaganda to control the bitcoin price. Big names like Jamie Dimon take the advantage of this opportunity to double their wealth. Expected to see bitcoin price up to $5000 by the end of oct.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: TheUltraElite on October 02, 2017, 08:27:36 AM The last month has been very challenging for bitcoin and the altcoin markets. From people using scare tactics to scare panic sellers away from bitcoin to those who really understand the worthiness of blockchain technology and trust in it. I think this is a good proof beyond doubt that the crypto market will be profitable no matter what happens and that bitcoin price is bound to increase and rise beyond the 5000USD mark next month.
All this news of bitcoin only leads to more exposure of people to bitcoin and that investors are counting on it to buy more and hold more. This is a very healthy market now and I see more profits in future for the traders. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: iram1011 on October 02, 2017, 08:38:30 AM Market is today mature enough to recover from these FUDs in a month. Price has broken down the resistance level of $4200 as predicted by some experts that if Bitcoin passes over the $4200, then it will continue to grow else it will fall back to $3500 back. Since the outcome is positive. I am looking forward to see ATH in October.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Chachacoin17 on October 02, 2017, 08:45:47 AM Bitcoin just topped $4400 for the first time since in over 3 weeks and has now erased all of the plunge losses from Jamie Dimon's "it's a fraud" and China's shuttering of all local exchanges. Wow! This is very great news! As what I have expected and believed, bitoin will definitely soar again. Despite all the banning and negative issues about bitcoin, bitcoin still is alive and kicking! Now, $5000 to hit this year is not impossible. I think it will goes up to $7000 this Novber or December. Now, who says bitcoins is failure? Nehhh..they are just big losers... ;pQuote It didn't take long for the world of crypto-currencies to shrug off Jamie Dimon's self-tighteous denigration of the decentralized currency that could directly 'disrupt' his cash cow businesses; and furthermore, as The South China Morning Post reports, China's bitcoin market alive and well as traders defy crackdown. Although the crackdown has dissuaded large swathes of less-experienced investors from participating in the trade, market participants point to the limits Chinese regulators ultimately face in controlling the industry, where many users are anonymous and difficult to track. In the short-run, the crackdown has also created an arbitrage opportunity for investors, with the price of bitcoin in China now trading at a discount to overseas exchanges. http://www.zerohedge.com/news/2017-10-01/bitcoin-surges-above-4400-world-realizes-jamie-dimon-china-dont-matter Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: TagaMungkahi on October 02, 2017, 08:47:01 AM Bitcoin just topped $4400 for the first time since in over 3 weeks and has now erased all of the plunge losses from Jamie Dimon's "it's a fraud" and China's shuttering of all local exchanges. I love this kind of news and i just hope the World learned their lessons with this event and hopefully The World will now be smart enough to take time to read and check every sources and learn how to research, this scheme of big companies will now be dead and thanks to China x Morgan event, the world is now awakened.Quote It didn't take long for the world of crypto-currencies to shrug off Jamie Dimon's self-tighteous denigration of the decentralized currency that could directly 'disrupt' his cash cow businesses; and furthermore, as The South China Morning Post reports, China's bitcoin market alive and well as traders defy crackdown. Although the crackdown has dissuaded large swathes of less-experienced investors from participating in the trade, market participants point to the limits Chinese regulators ultimately face in controlling the industry, where many users are anonymous and difficult to track. In the short-run, the crackdown has also created an arbitrage opportunity for investors, with the price of bitcoin in China now trading at a discount to overseas exchanges. http://www.zerohedge.com/news/2017-10-01/bitcoin-surges-above-4400-world-realizes-jamie-dimon-china-dont-matter Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: TheCoinFinder on October 02, 2017, 09:33:26 AM There are still a lot of people lacking consensus on bitcoin currency but people are voting bitcoin more than before by investing magnanimously into this market.
After weeks of volatility,the forecast confides us about price to be trend up continuously leaving behind china regulators speculation. For me, it is an indeed surprising moment that bitcoin again crossed $4000 without china's support. People including me are surpassingly expecting $5000 soon. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: swogerino on October 02, 2017, 09:52:18 AM Bitcoin cannot be stopped no matter what China or Jamie Dimon makes. If more and more people start to you use bitcoin the price of bitcoin should only see uptrends although in long term periods. Do not expect that the price of Bitcoin to skyrocket in a short amount of time. Steadily with the passing of time bitcoin price should only go up. It is not that important what China does.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: sindikat on October 02, 2017, 10:04:55 AM There are still a lot of people lacking consensus on bitcoin currency but people are voting bitcoin more than before by investing magnanimously into this market. Why are you so sure that without the support of China? We've all heard whispers of. Who saw action? I would not be surprised if it turns out that after such an information attack China will become a large shareholder of bitcoin.After weeks of volatility,the forecast confides us about price to be trend up continuously leaving behind china regulators speculation. For me, it is an indeed surprising moment that bitcoin again crossed $4000 without china's support. People including me are surpassingly expecting $5000 soon. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: hase0278 on October 02, 2017, 10:20:46 AM Bitcoin just topped $4400 for the first time since in over 3 weeks and has now erased all of the plunge losses from Jamie Dimon's "it's a fraud" and China's shuttering of all local exchanges. It made me happy to see that bitcoin have rised despite Jamie Dimon saying it is a fraud and China's local exchange ban. Sooner or later if China really doesn't affect btc price in the next few movements in the next coming weeks or year, then for sure it would be made clear to the world that market is healthier and is not the same crypto market which is commonly manipulated by Chinese and by some other entity.Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Sled on October 02, 2017, 11:25:29 AM The price of bitcoin is keep on going up and i think that there is no dump in the market as of now because the people already realize that they don't need to listen to the bad news like FUD because it doesn't help them to earn money but to just panic. Majority of the people in bitcoin knows the best thing to right now and that is to keep holding for long term and don't entertain any FUDs.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: beerlover on October 04, 2017, 03:32:03 PM Bitcoin has always had a very good support and the support is growing daily. Some of those who are part of this trend today and have realized what the whole FUD was all about will be looking for chances like this to buy more tomorrow when the price dips a little, knowing how good it is for them than panicking. Like you said, the recovery so far has been stunning and I am sure things will get better with time.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: BillyBobZorton on October 04, 2017, 03:43:09 PM There are still a lot of people lacking consensus on bitcoin currency but people are voting bitcoin more than before by investing magnanimously into this market. After weeks of volatility,the forecast confides us about price to be trend up continuously leaving behind china regulators speculation. For me, it is an indeed surprising moment that bitcoin again crossed $4000 without china's support. People including me are surpassingly expecting $5000 soon. I think the quick recovery after an insane attack of bitcoin coming from China and JP Morgan is a very bullish sign and brings peace of mind on investors that were worried about what could happen in an hypothetical ban by a big country. Well it happened, now we need to hit an all time high in order to clear any doubts that this is a clear recovery and not a dead cat bounce. Im not worried about the current pullback, seems like regular market action after the rise. Start worrying if we approach $3400 again. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: miyaka26 on October 04, 2017, 04:27:51 PM Bad move for the China, we are correct that bitcoin survived without them in spite of its bad and wicked criticism that attacks the bitcoin and spread fear to its loving investors and supporters but here we are, to its skyrocket price value in the market and it has the potential to go even higher.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: webtricks on October 04, 2017, 04:38:22 PM Bad move for the China, we are correct that bitcoin survived without them in spite of its bad and wicked criticism that attacks the bitcoin and spread fear to its loving investors and supporters but here we are, to its skyrocket price value in the market and it has the potential to go even higher. How could you say it was bad move for China? It wasn't like Chinese government invested billions in Bitcoin before and now sold off! It is just a precautionary step by Chinese government to avoid laundering loopholes in economy. Don't think it would stop here. The future of Bitcoin is simple. "Either Ban or Regulation". Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: jtipt on October 04, 2017, 04:42:52 PM These negative news created a panic among the investors in the crypto-market for some time, but people realize that this is just a propaganda to control the bitcoin price. Big names like Jamie Dimon take the advantage of this opportunity to double their wealth. Expected to see bitcoin price up to $5000 by the end of oct. The Steep drop was just caused because of the panic selling of the newbie traders and people who believed Jaime Dimon. Obviously the long time holders didn't care about it and were one of the reasons why the price stayed above $3k and eventually come back up. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: ReLieD on October 04, 2017, 04:56:21 PM It was obvious going to happen. They faked the news about Bitcoin just to make the prices fall . Infact Jamie actually bought like millions of btc I guess . Even he knew that Bitcoin has a future and even later it was revealed that the news of china boycotting Bitcoin was fake . So definitely people will not focus on them now .
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Hydrogen on October 04, 2017, 06:23:37 PM The Catalonia Referendum: Catalonia's attempt at seceding from spain and pulling a brexit of their own, could have been largely responsible for bitcoin's price rise over $4400 btw.
Quote Catalonia Referendum Pushes Bitcoin Prices Above $4,400 October 2nd, 2017 News that Catalonia has won "right to statehood" sent the price of Bitcoin at $4,400 on Sunday evening, close to 45% above the recent low. It’s now official, 90% of Catalans who participated in Sunday’s referendum voted for independence. That sounds like a clear victory for Catalonia’s independence movement. The trouble is that only 42.3% of Catalonia’s participated in the referendum, which Spain’s constitutional court has declared illegal. And scores of people were injured in clashes with police. While it is still unclear which way things will go next, one thing is clear, uncertainty is to spread over Spain, EU and the global economy. That’s music in the ears of Bitcoin traders who pushed the digital currency up close to $150 dollars on Sunday evening, as clashes between pro-independence demonstrators and Spanish police broke off. Bitcoin prices have stayed firmly above $4ooo recently, as traders have realized that the digital currency can survive and thrive without China. And government regulation is positive, not negative, for the future of Bitcoin and other major cryptocurrencies. It adds credibility to the market, while limiting the supply of new coin offerings. Meanwhile, the digital currency has emerged as the new “gold,” a hedge against growing global uncertainty, as it was discussed in a previous piece here. https://www.forbes.com/sites/panosmourdoukoutas/2017/10/01/catalonia-referendum-pushes-bitcoin-prices-above-4400/ Catalonia is 20% of spain's entire GDP. Catalonia pays more revenue into spain's central government, than they receive. Its a similar circumstance to the UK paying more revenue into the EU than whatever they receive in return. A decent proportion of the EU's wealth is consumed supporting state's like greece which appear unable to address corruption or dysfunction at the leadership levels. Brexit could make sense as standard policy until corruption/dysfunction issues on the part of governments which consume wealth without producing much in the way of positive tangible returns can be addressed. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: jekjekman on October 04, 2017, 06:28:25 PM Bitcoin just topped $4400 for the first time since in over 3 weeks and has now erased all of the plunge losses from Jamie Dimon's "it's a fraud" and China's shuttering of all local exchanges. Quote It didn't take long for the world of crypto-currencies to shrug off Jamie Dimon's self-tighteous denigration of the decentralized currency that could directly 'disrupt' his cash cow businesses; and furthermore, as The South China Morning Post reports, China's bitcoin market alive and well as traders defy crackdown. Although the crackdown has dissuaded large swathes of less-experienced investors from participating in the trade, market participants point to the limits Chinese regulators ultimately face in controlling the industry, where many users are anonymous and difficult to track. In the short-run, the crackdown has also created an arbitrage opportunity for investors, with the price of bitcoin in China now trading at a discount to overseas exchanges. http://www.zerohedge.com/news/2017-10-01/bitcoin-surges-above-4400-world-realizes-jamie-dimon-china-dont-matter I am so confident back then when this issues happened last month that Bitcoin will surely bounce back as this Jamie Dimon guy has already have a record of bashing Bitcoin in year 2015 and after that the price of it still arises plus we all know that this guy is a banker and banks really hates cryptocurrencies as it will cause the fall down of banks in the future. And with the issues with China it is quite alright also because they didn't even regulate mining where it is most needed, Chinese people is too smart to believe to the downfall of bitcoin, history repeat itself so sorry for those people that got scared about this FUD's. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: BitcoinMarshal on October 04, 2017, 06:40:29 PM It was obvious going to happen. They faked the news about Bitcoin just to make the prices fall . Infact Jamie actually bought like millions of btc I guess . Even he knew that Bitcoin has a future and even later it was revealed that the news of china boycotting Bitcoin was fake . So definitely people will not focus on them now . Now we are living in technology era and peoples have too many sources just because of this these fake news never creating any panic for any one China factor is also not working as most of peoples expecting because now many countries have soft policies for Bitcoin like Japan and Philippine which is increasing value peoples confidence about bitcoinsTitle: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: BillyBobZorton on October 05, 2017, 02:37:05 PM The Catalonia Referendum: Catalonia's attempt at seceding from spain and pulling a brexit of their own, could have been largely responsible for bitcoin's price rise over $4400 btw. Quote Catalonia Referendum Pushes Bitcoin Prices Above $4,400 October 2nd, 2017 News that Catalonia has won "right to statehood" sent the price of Bitcoin at $4,400 on Sunday evening, close to 45% above the recent low. It’s now official, 90% of Catalans who participated in Sunday’s referendum voted for independence. That sounds like a clear victory for Catalonia’s independence movement. The trouble is that only 42.3% of Catalonia’s participated in the referendum, which Spain’s constitutional court has declared illegal. And scores of people were injured in clashes with police. While it is still unclear which way things will go next, one thing is clear, uncertainty is to spread over Spain, EU and the global economy. That’s music in the ears of Bitcoin traders who pushed the digital currency up close to $150 dollars on Sunday evening, as clashes between pro-independence demonstrators and Spanish police broke off. Bitcoin prices have stayed firmly above $4ooo recently, as traders have realized that the digital currency can survive and thrive without China. And government regulation is positive, not negative, for the future of Bitcoin and other major cryptocurrencies. It adds credibility to the market, while limiting the supply of new coin offerings. Meanwhile, the digital currency has emerged as the new “gold,” a hedge against growing global uncertainty, as it was discussed in a previous piece here. https://www.forbes.com/sites/panosmourdoukoutas/2017/10/01/catalonia-referendum-pushes-bitcoin-prices-above-4400/ Catalonia is 20% of spain's entire GDP. Catalonia pays more revenue into spain's central government, than they receive. Its a similar circumstance to the UK paying more revenue into the EU than whatever they receive in return. A decent proportion of the EU's wealth is consumed supporting state's like greece which appear unable to address corruption or dysfunction at the leadership levels. Brexit could make sense as standard policy until corruption/dysfunction issues on the part of governments which consume wealth without producing much in the way of positive tangible returns can be addressed. Big banks and business in Catalonia are already moving away from Catalonia into Spain, rates for tourism are already going down in Catalonia, this shows the mistake of an independent Catalonia. I expect this to get worse as long as they stay out of the legal constitution. I hope this is solved in a civilized manner but if independentists push it too far I wouldn't be surprised to see the army on Catalonia. What did they expect? unilateral independence is simply illegal, the entire country most vote in a referendum. Let's see if at least Bitcoin performs great in times of uncertainty. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: GimmerBot on October 05, 2017, 04:06:56 PM One of the best feature/aspect of both bitcoin (and the crypto market in general) that anything could happen, the prices will always recover. Bitcoin and other cryptos are in an increasing demand (the cryptocurrency market's capitalization stood at $18 million at the start of 2017, now it is over $140 million). I think in the case of all Chinese exchanges would shut down, the people of the country would always find a way to invest in BTC.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Ewinsane on October 06, 2017, 01:19:49 PM These negative news created a panic among the investors in the crypto-market for some time, but people realize that this is just a propaganda to control the bitcoin price. Big names like Jamie Dimon take the advantage of this opportunity to double their wealth. Expected to see bitcoin price up to $5000 by the end of oct. It only created panic among few investors who just got in most especially with the mindset that bitcoin is going to make them rich overnight only to start seeing the value dropping.Apparently, they must have learnt their lessons by now and eventually realize that there are some people who just want to take advantage of them, so rather than seeing bitcoin as the enemy, they should see those guys instead as their enemies. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: sana54210 on October 07, 2017, 08:58:41 AM I am not surprised we will start seeing positive news like this circulating the forum after some few weeks of shaking up the pants by some and raining curses and abuses after Jamie saw a chance to utilize their fears for his own gains.
It is good though that we are back, the most important thing now is for people to realize that Jamie and the likes of him, never had their interest at heart. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: miyaka26 on October 07, 2017, 09:37:54 AM Among other bad news or fake news that is spreading is a lot of good news and positive speculation about this coin, people are now realizing that bitcoin is strong that can withstand any unfavorable circumstances that is happening technically or financially, we also realize that listening and reading to this so called news is not enough to be a good source of smart information. a lot of people now are researching and do not go to the conclusion of panic selling unless it is proven.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Anthonyling on October 07, 2017, 10:32:40 AM More and more people are aware of bitcoin. More and more people are studying bitcoin. More and more people don't believe in government. More and more people believe in freedom.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: ladydark on October 07, 2017, 10:48:30 AM Yes,i think that most people have realized that bitcoin is unstoppable and Jamie Dimon and China does not matter at all.but still,the game is not over since another hard fork is expected in due to activation of segwit 2x.This time,more miners,exchanges and bitcoin related companies support it and hence another wave of FUD could be expected and it may result in one more panic selling and bitcoin price may face a fall.But it would be another chance to grab bitcoins at cheap price.
This would continue to happen since new people enter the bitcoin community daily and get the title newbie to get panic and sell bitcoins at cheap rate. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Thyaga on October 07, 2017, 10:56:08 AM More and more people are aware of bitcoin. More and more people are studying bitcoin. More and more people don't believe in government. More and more people believe in freedom. I think bitcoin is not freedom because freedom is anonymity and privacy, we know that crypto currency is very transparent. so where the freedom in btc?Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: peter0425 on October 07, 2017, 11:33:43 AM Among other bad news or fake news that is spreading is a lot of good news and positive speculation about this coin, people are now realizing that bitcoin is strong that can withstand any unfavorable circumstances that is happening technically or financially, we also realize that listening and reading to this so called news is not enough to be a good source of smart information. a lot of people now are researching and do not go to the conclusion of panic selling unless it is proven. But you have to go back how the market works, its based on purely "speculation". Its a fraudulent act, and we don't like it. However, their are really people who are really affected by this bad or fakes news. Of course its not a good source of information but its very effected and it spread like wildfire.I really would like to believed that the investors are already matured, however its in the case. Their are still "weak hands" in the market. They are the first one to push the sell button whenever their is a panic around without even researching if the news is fake or not. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: sapnu on October 07, 2017, 11:33:52 AM Bitcoin just topped $4400 for the first time since in over 3 weeks and has now erased all of the plunge losses from Jamie Dimon's "it's a fraud" and China's shuttering of all local exchanges. It became hard for Bitcoin to recover because of the massive downfall that happened. Fortunately, Bitcoin is slowly recovering and is now priced at 4200 from the price of 3300 when the value dropped. It is now expected that before this year end, it will be able to reach the 5000$ mark without China and if the Next hardfork will be successful reminding of the previous one that made the value of Bitcoin to go skyrocket.Quote It didn't take long for the world of crypto-currencies to shrug off Jamie Dimon's self-tighteous denigration of the decentralized currency that could directly 'disrupt' his cash cow businesses; and furthermore, as The South China Morning Post reports, China's bitcoin market alive and well as traders defy crackdown. Although the crackdown has dissuaded large swathes of less-experienced investors from participating in the trade, market participants point to the limits Chinese regulators ultimately face in controlling the industry, where many users are anonymous and difficult to track. In the short-run, the crackdown has also created an arbitrage opportunity for investors, with the price of bitcoin in China now trading at a discount to overseas exchanges. http://www.zerohedge.com/news/2017-10-01/bitcoin-surges-above-4400-world-realizes-jamie-dimon-china-dont-matter Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: talkbitcoin on October 07, 2017, 01:14:18 PM i honestly didn't expect such a strong buy support behind bitcoin to keep the price high at this level.
obviously a recovery was expected even back when price reached the bottom at $3000 it was calling the $4000 come back soon. but i didn't expect the $4300-$4400 range to be sustained this strongly. all the Dimon and China drama has always been a temporary thing. this is the story of bitcoin as far as i can remember. same FUD, same people taking advantage and becoming bigger whales and price rising in long term without paying any attention to any of them ;) Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Lampaster on October 07, 2017, 01:42:23 PM More and more people are aware of bitcoin. More and more people are studying bitcoin. More and more people don't believe in government. More and more people believe in freedom. I think bitcoin is not freedom because freedom is anonymity and privacy, we know that crypto currency is very transparent. so where the freedom in btc?Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Almat on October 07, 2017, 03:01:41 PM I don't think Dimon actually ever mattered. At worst, he probably stopped some people who were on the fence about buying Bitcoins. The China news was quite significant, as there are a lot of Chinese Bitcoin holders, but we're currently finding out that people are more than willing to pick up Bitcoins China dumps.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: ipanks on October 07, 2017, 03:07:00 PM i think we don't have to thinking about bad news that might be happen in out there. as long as we can hold our bitcoin for a long time, then i think its enough for us to see the high price. i am sure that this person is only taking advantages from the down of the bitcoin price so he can buy bitcoin at lower price. i think he have a tactic that could make people out there to be panic selling so will makes the price is down too deep. but i think people now become realize that this is only the bad news that want bitcoin price to down.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: XinXan on October 07, 2017, 03:16:08 PM I don't think Dimon actually ever mattered. At worst, he probably stopped some people who were on the fence about buying Bitcoins. The China news was quite significant, as there are a lot of Chinese Bitcoin holders, but we're currently finding out that people are more than willing to pick up Bitcoins China dumps. A lot of people argue that china bad news is making bitcoin stronger. It shows that even if a big country like china goes against bitcoin it can still survive and not only survive but fully recover and that's how it should be, I mean that was the point of bitcoin in the first place, to not be controlled by anyone or anything. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: audaciousbeing on October 07, 2017, 03:26:44 PM Its true that bitcoin is recovering and its sure that recovery has been a sustaining one even though the all time high is yet to be reached, but while I will agree that we are doing well without Jamie Dimon, it would be wrong to say that without China.
Because the basis of bitcoin transactions which rest on the activities of the miners is still dependent on that part of the world and that means until there are other big mining farms spread across the world, China will and continue to matter on what happens to bitcoin even after we have confirmation that they are stopping exchange sites. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Kemarit on October 07, 2017, 03:31:59 PM i honestly didn't expect such a strong buy support behind bitcoin to keep the price high at this level. obviously a recovery was expected even back when price reached the bottom at $3000 it was calling the $4000 come back soon. but i didn't expect the $4300-$4400 range to be sustained this strongly. all the Dimon and China drama has always been a temporary thing. this is the story of bitcoin as far as i can remember. same FUD, same people taking advantage and becoming bigger whales and price rising in long term without paying any attention to any of them ;) It only means that we have still a market even without China. I assumed that the buy support came mostly from Japan and South Korea. And even in India bitcoin price is up with a premium of $100 difference from other exchanges. We have all moved from the Dimon and China drama. It really proves that bitcoin is cannot be conquered by any one, not by country and definitely not by a person who is just spreading FUD to manipulate the price. They can only affect the price temporary and after that bitcoin continues as if nothing happens. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: thebanker28 on October 07, 2017, 03:59:02 PM I would think that Jamie or China "Dont Matter", more appropriately I would think they are less significant that the reaction the markets first reaction. Jamie controls a lot of money and China is a significant portion of not only the Bitcoin ecosystem but of the world economy, I think over time, China will find a better way through and Jamies comments will be seen as misguided.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: redhondaxrm125 on October 07, 2017, 05:06:19 PM Bitcoin just topped $4400 for the first time since in over 3 weeks and has now erased all of the plunge losses from Jamie Dimon's "it's a fraud" and China's shuttering of all local exchanges. Quote It didn't take long for the world of crypto-currencies to shrug off Jamie Dimon's self-tighteous denigration of the decentralized currency that could directly 'disrupt' his cash cow businesses; and furthermore, as The South China Morning Post reports, China's bitcoin market alive and well as traders defy crackdown. Although the crackdown has dissuaded large swathes of less-experienced investors from participating in the trade, market participants point to the limits Chinese regulators ultimately face in controlling the industry, where many users are anonymous and difficult to track. In the short-run, the crackdown has also created an arbitrage opportunity for investors, with the price of bitcoin in China now trading at a discount to overseas exchanges. http://www.zerohedge.com/news/2017-10-01/bitcoin-surges-above-4400-world-realizes-jamie-dimon-china-dont-matter This was obviously bound to happen. People aren’t dumb(well maybe some are but not everyone). I already knew this was gonna happen sooner or later. That is why I held on to my possesions and never considered selling them. Reason is, first of all, dimon, doesn’t understand what he is talking about that much and is probably just basing his conclusions with hear says. Second, everyone with common sense would know that even if bitcoin and all other cryptos get banned on china, not everyone would sell their possessions. And i mean most of the chinese won’t. They just love money too much to sell their crypto possessions. So.. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: centralbanksequalsbombs on October 08, 2017, 02:06:56 AM Bitcoin at this point is unstoppable (and actually has been so since 2013, over 4years ago). Consider anything you hear to be free advertising. Good or bad.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: michellee on October 08, 2017, 02:24:09 AM finally we can reach more than $44xx today and our hope to reach more than $45xx can be happen in next week. I think people become smart to analyze the news, they are know which is bad news that only makes people panic and which is good news that will lifted bitcoin to increase. we can hope that many people out there especially for new people don't gets panic when someone release the bad news to trying to chaos in the market.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Pearls Before Swine on October 08, 2017, 02:30:01 AM Bitcoin has survived much worse news than either China or JD. It survived the Mt. Gox disaster,
Cryptsy, Trendon Shavers scamming his depositors, and everything else. China is huge in the world of bitcoin, but it's only one country among many. It's not that those things don't matter, but neither one dictates what crypto does entirely. Nice to see BTC rebounding above $4400. Hopefully we'll get back to $5000 by the end of the year or thereabouts. Too bad I don't have enough cash to buy in. Maybe next week. ;) Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: gilad215 on October 08, 2017, 02:35:22 AM But what I think is more than China or Jamie Dimon, the bulk holders are the one who took the advantage of these news and drove the price by crushing the panic sellers who usually are small investors. Now when they have successfully increased their holdings by buying at drop, the price is again in uptrend despite of South Korea ICO ban which brought little or no impact on price unlike China.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: gabbie2010 on October 08, 2017, 03:38:27 AM This is indeed a good news and this shows that bitcoin belongs to the masses, China and Jamie Dimon action thus created panic selling, which tends to crash the price of bitcoin, people are no longer selling again they prefer holding it now and the price has picked up.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: btc_angela on October 08, 2017, 04:59:47 AM Bitcoin has survived much worse news than either China or JD. It survived the Mt. Gox disaster, Cryptsy, Trendon Shavers scamming his depositors, and everything else. China is huge in the world of bitcoin, but it's only one country among many. It's not that those things don't matter, but neither one dictates what crypto does entirely. Nice to see BTC rebounding above $4400. Hopefully we'll get back to $5000 by the end of the year or thereabouts. Too bad I don't have enough cash to buy in. Maybe next week. ;) We are in the same position. Hahaha. Not enough cash this week. Yeah, I have to agree, there are a lot of worse case that bitcoin confronted in the past but yet it is still standing. I looking at the price at its always $4500 and expect the price to push to $5000. Jamie Dimon and China really don't matter and irrelevant, obsolete. Let that be a lessons as well for those who have intentions to break bitcoin again. Bitcoin is uncontrollable, they can try but its gonna be futile. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Eugenar on October 08, 2017, 05:23:05 AM Bitcoin just topped $4400 for the first time since in over 3 weeks and has now erased all of the plunge losses from Jamie Dimon's "it's a fraud" and China's shuttering of all local exchanges. That's great news. It simply proves that Bitcoin can still succeed even if it lose one of the major investors of cryptocurrency and desoite of the false and negative claims of people towards it. It is something to look forward with. If the increase on its value will be continuous and will continue upto the next years to come, it will be more expensive. Bitcoin gone through lots of issues and it is able to recover on each of those, so this one is nothing. Quote It didn't take long for the world of crypto-currencies to shrug off Jamie Dimon's self-tighteous denigration of the decentralized currency that could directly 'disrupt' his cash cow businesses; and furthermore, as The South China Morning Post reports, China's bitcoin market alive and well as traders defy crackdown. Although the crackdown has dissuaded large swathes of less-experienced investors from participating in the trade, market participants point to the limits Chinese regulators ultimately face in controlling the industry, where many users are anonymous and difficult to track. In the short-run, the crackdown has also created an arbitrage opportunity for investors, with the price of bitcoin in China now trading at a discount to overseas exchanges. http://www.zerohedge.com/news/2017-10-01/bitcoin-surges-above-4400-world-realizes-jamie-dimon-china-dont-matter Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Sadlife on October 08, 2017, 06:19:37 AM The only reason why bitcoin price drop so hard is because when people heard that china is banning ICO's and caused panic so a large group of traders immediately sell their bitcoins without thinking that this might be a good chance to buy more cause this is completely normal cause even other resources doens't always rise high but sometimes takes a dip. The funny part is most of these people are new investors, this jamie whoever he is nothing but a con artist telling people that its a fraud everyday while he tried bitcoin when its in a dip.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: centralbanksequalsbombs on October 08, 2017, 05:06:55 PM The only reason why bitcoin price drop so hard is because when people heard that china is banning ICO's and caused panic so a large group of traders immediately sell their bitcoins without thinking that this might be a good chance to buy more cause this is completely normal cause even other resources doens't always rise high but sometimes takes a dip. The funny part is most of these people are new investors, this jamie whoever he is nothing but a con artist telling people that its a fraud everyday while he tried bitcoin when its in a dip. And remember, Jamie stated that his daughter has bitcoin. LOL. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: arpon11 on October 08, 2017, 05:20:48 PM I expect this time around for bitcoin price to get to $5000 before end of this week as there is a strong momentum and to those that buy during Jamie Dimon and Chinese government's FUD now is another opportunity to sell high and take profits. Some people on this forum predict death to cryptocoin during those period but we are happy now that the market has proved them wrong.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: jc89 on October 08, 2017, 06:04:24 PM The only reason why bitcoin price drop so hard is because when people heard that china is banning ICO's and caused panic so a large group of traders immediately sell their bitcoins without thinking that this might be a good chance to buy more cause this is completely normal cause even other resources doens't always rise high but sometimes takes a dip. The funny part is most of these people are new investors, this jamie whoever he is nothing but a con artist telling people that its a fraud everyday while he tried bitcoin when its in a dip. And remember, Jamie stated that his daughter has bitcoin. LOL. Then maybe Jamie just wants to be the greatest dad ever. Never minding what people will say about him as long as he can contribute to the dip so that his daughter can purchase at a lowest price possibe. And so we shouldn't be so hard on him afterall. Lol! But seriously, we should still be thankful to him we had the opportunity to invest more during the dip just like his daughter. ;D Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Zicadis on October 08, 2017, 06:48:56 PM It's really a great time to invest in btc as I see bitcoin is recovering well after China's exchange regulations and ico bans affected our markets negatively but with new players like Japan showing continuous support and availability of discounted bitcoins in China we should expect the markets to remain strong and alive
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: 50ouncebrew on October 08, 2017, 08:20:57 PM Hell ya Bitcoin surges above $4400 because the world realizes politicians and governments don't matter! This is because it can't be changed, so you should buy them while you can.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: olubams on October 08, 2017, 08:27:51 PM As at the last time I checked, price have surged above $4600 which clearly shows its going that trend without Jamie as Jamie never mattered in the crypto world but the timing his comment was made further worsen the already bad situation which I would conveniently liken to a mere coincidence. In the case of China, I don't think we can still do without them as they are still very much relevant on what happen afterwards.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: GreatOrchid on October 08, 2017, 08:31:07 PM I am so happy today! I just woke up and i saw that the price was over $4630 a few minutes ago, so i can say that all those professionals from wall street and those governments from China and Asia didn't matter for the price of bitcoin, because we are going through it and the price is going toward $5k again.. Those are very good news for all of us, i was thinking bout withdrawing some of my bitcoins tomorrow, so i will have more than 7% because of this recently pump.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Qartersa on October 08, 2017, 08:34:11 PM I am so happy today! I just woke up and i saw that the price was over $4630 a few minutes ago, so i can say that all those professionals from wall street and those governments from China and Asia didn't matter for the price of bitcoin, because we are going through it and the price is going toward $5k again.. Those are very good news for all of us, i was thinking bout withdrawing some of my bitcoins tomorrow, so i will have more than 7% because of this recently pump. Me too, I never believed that china would really be the one calling the shots over bitcoins and cryptocurrencies. The only fear I had was that since a country started doing a negative impact on bitcoins and other cryptocurrencies, this could lead to a wave of countries trying to follow what China has did. If so then that is when we would have a real problem, since if there would be a lot more countries doing the same as what China did, then possibly it would be a really tight spot for us to be in and we'll all be restricted to the use of bitcoins and altcoins. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: South Park on October 08, 2017, 10:13:57 PM Bitcoin just topped $4400 for the first time since in over 3 weeks and has now erased all of the plunge losses from Jamie Dimon's "it's a fraud" and China's shuttering of all local exchanges. Quote It didn't take long for the world of crypto-currencies to shrug off Jamie Dimon's self-tighteous denigration of the decentralized currency that could directly 'disrupt' his cash cow businesses; and furthermore, as The South China Morning Post reports, China's bitcoin market alive and well as traders defy crackdown. Although the crackdown has dissuaded large swathes of less-experienced investors from participating in the trade, market participants point to the limits Chinese regulators ultimately face in controlling the industry, where many users are anonymous and difficult to track. In the short-run, the crackdown has also created an arbitrage opportunity for investors, with the price of bitcoin in China now trading at a discount to overseas exchanges. http://www.zerohedge.com/news/2017-10-01/bitcoin-surges-above-4400-world-realizes-jamie-dimon-china-dont-matter It is expected that we will have this kind of issues and news and critisism about BTC. Some says that this is only a technique to stop BTC price from surging and some says that someone is being hurt because its a potential threat to them. Despite all of this, the price is still hangging on and the unwavering adopstion of the blockchain all over the world cant be stop by a mere people and by a large government. Snowden, elon and even some celebrities are aware of it and they have participated and invested in some coins. Me as an audience and as an investor will watched as the price go up to the moon. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: palle11 on October 08, 2017, 10:53:50 PM These negative news created a panic among the investors in the crypto-market for some time, but people realize that this is just a propaganda to control the bitcoin price. Big names like Jamie Dimon take the advantage of this opportunity to double their wealth. Expected to see bitcoin price up to $5000 by the end of oct. Yeah, it could get to 5000 before retracing for a moment. The negative news only stalled the bullish movement then ,bringging it to 3300(thereabout) and it has been corrected. I guess all is heading bullish now. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: YTBitcoin on October 08, 2017, 11:48:54 PM The only reason why bitcoin price drop so hard is because when people heard that china is banning ICO's and caused panic so a large group of traders immediately sell their bitcoins without thinking that this might be a good chance to buy more cause this is completely normal cause even other resources doens't always rise high but sometimes takes a dip. The funny part is most of these people are new investors, this jamie whoever he is nothing but a con artist telling people that its a fraud everyday while he tried bitcoin when its in a dip. All the dump that occurred recently is just because of panic selling of investor if they didn’t did that the situation may be opposite prices must be at 7000 USD and what china and Jamie did doesn’t matters now because a new era is starting now bitcoin proved itself that it is not depending on the world largest country it ca survive without china and this is good omen now prices are going up again.Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: XinXan on October 09, 2017, 12:29:41 AM aaaand 4600$ It really shows that bitcoin does not care about anything, a possible fork approaching, china bad news, a lot of fud and yet it's still rising. I can't imagine what will happen if we receive big good news, will it explode to like 10k? Honestly seems like a realistic possibility now.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Razick on October 09, 2017, 01:51:52 AM Make that $4,600. I predicted this to happen even after it crashed to the low $3,000's recently. I believe it will rise up once more before crashing hard back to under $2,000. Everyone HODL your BTC right now and we will crack $5,000 soon. It is only a matter of time. I give it a month though. Won't happen overnight. But rest assured, it WILL happen. That is all you need to know.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: Sithara007 on October 09, 2017, 02:02:45 AM It has crossed the $4,600 mark and the rates are still going up. The trend is overall a positive one. Seems like the previous peak ($4,980 per coin) will be broken within the next few days (or hours). If everything goes according to our plan, then we can expect the prices to reach new heights in November, when the 2 MB block size will be implemented.
Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: South Park on October 09, 2017, 10:40:02 PM i honestly didn't expect such a strong buy support behind bitcoin to keep the price high at this level. obviously a recovery was expected even back when price reached the bottom at $3000 it was calling the $4000 come back soon. but i didn't expect the $4300-$4400 range to be sustained this strongly. all the Dimon and China drama has always been a temporary thing. this is the story of bitcoin as far as i can remember. same FUD, same people taking advantage and becoming bigger whales and price rising in long term without paying any attention to any of them ;) It only means that we have still a market even without China. I assumed that the buy support came mostly from Japan and South Korea. And even in India bitcoin price is up with a premium of $100 difference from other exchanges. We have all moved from the Dimon and China drama. It really proves that bitcoin is cannot be conquered by any one, not by country and definitely not by a person who is just spreading FUD to manipulate the price. They can only affect the price temporary and after that bitcoin continues as if nothing happens. Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: centralbanksequalsbombs on October 23, 2017, 01:33:22 AM i honestly didn't expect such a strong buy support behind bitcoin to keep the price high at this level. obviously a recovery was expected even back when price reached the bottom at $3000 it was calling the $4000 come back soon. but i didn't expect the $4300-$4400 range to be sustained this strongly. all the Dimon and China drama has always been a temporary thing. this is the story of bitcoin as far as i can remember. same FUD, same people taking advantage and becoming bigger whales and price rising in long term without paying any attention to any of them ;) It only means that we have still a market even without China. I assumed that the buy support came mostly from Japan and South Korea. And even in India bitcoin price is up with a premium of $100 difference from other exchanges. We have all moved from the Dimon and China drama. It really proves that bitcoin is cannot be conquered by any one, not by country and definitely not by a person who is just spreading FUD to manipulate the price. They can only affect the price temporary and after that bitcoin continues as if nothing happens. Well....market manipulation has been a staple of big bankers and central banks. Watch this documentary: history of money/centralbanks: https://vimeo.com/8757743 (https://vimeo.com/8757743) or link2 https://youtu.be/UrJGlXEs8nI (https://youtu.be/UrJGlXEs8nI) Title: Re: Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter Post by: LuanX3 on October 23, 2017, 01:46:25 AM i honestly didn't expect such a strong buy support behind bitcoin to keep the price high at this level. obviously a recovery was expected even back when price reached the bottom at $3000 it was calling the $4000 come back soon. but i didn't expect the $4300-$4400 range to be sustained this strongly. all the Dimon and China drama has always been a temporary thing. this is the story of bitcoin as far as i can remember. same FUD, same people taking advantage and becoming bigger whales and price rising in long term without paying any attention to any of them ;) It only means that we have still a market even without China. I assumed that the buy support came mostly from Japan and South Korea. And even in India bitcoin price is up with a premium of $100 difference from other exchanges. We have all moved from the Dimon and China drama. It really proves that bitcoin is cannot be conquered by any one, not by country and definitely not by a person who is just spreading FUD to manipulate the price. They can only affect the price temporary and after that bitcoin continues as if nothing happens. Well....market manipulation has been a staple of big bankers and central banks. Watch this documentary: history of money/centralbanks: https://vimeo.com/8757743 (https://vimeo.com/8757743) or link2 https://youtu.be/UrJGlXEs8nI (https://youtu.be/UrJGlXEs8nI) Not only that, remember the events of the world financial crisis a few decades back? It was caused by a lot of banks that were all cheating. That incident did not even get one banker to go to jail. The governments, especially the US, did not do anything any more about the bankers. They just let it go and created policies to rehabilitate the financial industry and make new regulations to prevent it. Unlike in bitcoins, the government has already placed in jail a lot of bitcoin users. |