I dont know why but iam scared of bitcoin getting ban.
Because of the china situation is there any possibility that bitcoin will get ban in every single country
You are getting paranoid over nothing. China already said they are not banning bitcoin or exchanges, they are only regulating it. And bitcoin cannot be banned, that is tha beauty of decentralization. |
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Thank you for the information, there has been a lot of phishing sites targeting myetherwallet coming out. At slack there is also persisting phishing email using mew.uk . I almost clicked it because it really looks legit until I Noticed the .uk extension.
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I am just glad that this bear run is finally going to end. That is really a good news that now that it is clear that they will not ban bitcoin exchange. Maybe BTCC will retract their statement that they will close their exchnage. We can continue the bull run to a new ATH.
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It is bad if you do not have money to buy any bitcoin anymore. Otherwise it is still good because you can buy more bitcoins at a cheaper price. A dip is bound to happen because it was a very long bull run for quite some time now. This bear run will end and we will be back the trail to a new ATH soon.
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despite the recent attacks by bank managers and the planned closure of trading platforms in China and other speculation and false rumors about the disappearance of the Bitcoin, Bitcoin is certainly sick at the moment, but it is only a natural thing, a great correction due to various factors that I just mentioned. it is clear that we must take advantage of this sharp drop by buying the Bitcoin  The Blockchain is a genius of this century, the institution can not ignore it;) It is not a correction but yeah, we should take advantage of the price dipping because of the bad news coming from China. If we could make something good about this crash, it is that we can buy bitcoin cheaper and more opportunity to accumulate more bitcoin. |
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It is going down to $2400, as the other two bitcoin exchanges in China are going to close by the end of October.
It seems as nearly half of the bitcoin in the world were in China, after all.
This is not so, the volume of trading in China is not as large as many think. The news caused panic, but already now the price is again on top The fact is that almost 50% of bitcoin trade is influenced by big players in China, with rumors circulating in the country causing panic to occur and making bitcoin prices drop dramatically, but it seems that bitcoin prices have recently increased again even slowly. It is rising again maybe because people outside of china is buying bitcoin. They see it as an opportunity to accumulate bitcoin while the price is cheap again. |
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ViaBTC another huge Chinese exchange and mining pool will stop the exchange but not the pool.
True its not only rumours...
Any link to support this? Because of banning or rumours about banning of Bitcoin and/or Bitcoin Exchanges in and by China. China is around 25% of the Bitcoinmarket and most of the Chinese are rumoured to panicsell for lower prices because they are afraid of the ban having an even more devastating affect on the price.
They are not rumors or FUD. BTCC, one of China's largest exchanges, have already announced that they will be closing their operations on September 30, 2017 after reading a Chinese regulator's statement made 2 weeks ago. After taking everything into account, they decided to do the unexpected. Close down. Now the whole market is in panic. Yeah, this is the ultimate blow that made bitcoin shave more than a 1000$ on its price. But I think this is normal reaction. Traders should get out of the exchange early before the exchange close, so the drop. It will recover when traders move to a new exchange and starts moving bitcoin again. |
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You can also buy xem, it have a very good devs and road map. I think it will explode within this year so now is the best time to buy especially the price is still very low.
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No one can be certain Be certain how low this bear run could get. Why not just buy now, when it drops again, buy the dip again. That is a good strategy. We are at the lowest since the bull run so it is a very good time to buy.
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I only know nem pos. As I understand it, you do not needed those. You only need to have 10K+ xem vested at your wallet. You activate delegated harvesting then you connect to a remote node. Once activated, you will harvest nem even if you pc or wallet is closed.
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Those who do not have an idea about bitcoin but bought just because of the price can be easily affected by hyped news. But it is the opposite for those who know bitcoin and believe in its fundamentals. They will hold and even buy more if the price falls.
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Yeah, Christmas sale came early this year. Enjoy your crypto shopping while it last. Stock up on crypto while it is still red days and enjoy your profit when everything is back to normal. It will recover, as it always does.
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Newer bitcoiners will normally panic especially if they bought at the peak (4600+) of bitcoin price. But older or seasoned bitcoiner are preparing their fiat to buy bitcoin if ever it reaches that level. It is already a cheap price and having more bitcoin is a good idea. Bitcoin will bounce back and getting it while it is cheaper will be very profitable in the future.
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True holders will be tested in the following days. We will see the weak hands dumping bitcoin but the strong hands will buy more of the cheap coins. Hope there is enough buyers to even the scale on chinese dumping coins.
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If they'll close, they close. Bitcoin users will just move from one exchange to another. The price will fall as they exit the exchange, but it will recover soon. Not all of those who dump their coin if btcc closes will remain on fiat. I am sure they will buy bitcoin on another exchange and that will pump bitcoin up again.
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Always buy when the price of bitcoin is dipping. It is the best opportunity. You do not sell when it is crashing, you will end up broke if you keep doing that.
Just remember that in the past, whenever bitcoin price drops, it always find a way to recover and much more.
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What can I say, FUD is working well. The price now has dropped to 3500$. I hope this is the bottom of the dip already. I am buying more bitcoin now while the price is cheaper to combat the FUD. I hope pump starts soon.
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so basicly: Theres a bunch of chinese who keeps losing and americans that keeps on raking it in?
I dont see how this is bad in anyway (if you are an american crypto investor)
No it's the other way around. We buy and drive up the price and then when they wake up and see the price is up, they sell. look at the price of bitcoin. It keeps dropping everyday around the same time Chinese get up and start trading. But you are the one buying the dip, isn't that more beneficial in the future when the price of bitcoin pumps back up. You will have more profit than the Chinese dumping their bitcoins now. |
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This is just another FUD stunt and I won't be surprised if he will be on bitcoin one day. Remember mcafee, he had the same notion with bitcoin before. But now he is big in bitcoin.
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Is this just coincidence or they all planned to launch on the same date? It is bad marketing strategy to launch on the same date with 22 other icos. They will be killing each other.
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