Be ready for more rumors and fud from China

[xuan87]

All of us are ready to received another bad news from china, we all know china like to make rush decision and caused panic in everywhere, but we need to be more prepare for the next country that banning ICO and regulate exchanger
I believe Bitcoin will passed this test again, so just hold the coin and be ready to stock when the price is low, the FUD and rumour won't be able to stop Bitcoin

[Adbitco]

This is just getting more common to be reading or listening to all the rumors and fud being spread about bitcoin. If it's not China then it will be South Korea or some other country from where all these rumors or fud may come from but I think nothing is going to stop too bitcoin, it's been there despite all the fud created in the past and it will be there even in the times to come so we shouldn't be much bothered about that in any case it's their loss not ours opting out of the bitcoin.

[loopes]

Reason is simple:

It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400

Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.

Just be ready... hodl or trade... but it will happen again.

It may happen but who cares, they are the ones to fall for that, if we did not stopped holding despite the huge FUD coming from the China government then, what can they say or do in order to make us drop our coins? They need to suck it up and just accept the fact they lost their money.

That sounds awkward but it's true, china is the one who losing money, it's because their own regulation that shaking their market, while bitcoin users outside china just hodling and wait for new ATH.
when the market cap of chinese exchange has significantly decreasing, no more price affection, no more stupid regulation for bitcoin.

actually ones who lost money is Chinese who is users of bitcoin. china 's government didn't lost anything, but their regulation give some bad affect for Chinese (users of bitcoin) because after china banning bitcoin exchanger, most of them should sell out their btc in lose. some part of bitcoin 's holders and users from whole the world  do panic selling as well. recent time bitcoin get stronger without china. the most of bitcoin have been learned from past events that they could keep standing on bitcoin without china.

[lionheart78]

Reason is simple:

It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400

Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.

Just be ready... hodl or trade... but it will happen again.

It may happen but who cares, they are the ones to fall for that, if we did not stopped holding despite the huge FUD coming from the China government then, what can they say or do in order to make us drop our coins? They need to suck it up and just accept the fact they lost their money.

That sounds awkward but it's true, china is the one who losing money, it's because their own regulation that shaking their market, while bitcoin users outside china just hodling and wait for new ATH.
when the market cap of chinese exchange has significantly decreasing, no more price affection, no more stupid regulation for bitcoin.

actually ones who lost money is Chinese who is users of bitcoin. china 's government didn't lost anything, but their regulation give some bad affect for Chinese (users of bitcoin) because after china banning bitcoin exchanger, most of them should sell out their btc in lose. some part of bitcoin 's holders and users from whole the world  do panic selling as well. recent time bitcoin get stronger without china. the most of bitcoin have been learned from past events that they could keep standing on bitcoin without china.

Those whose hands are not shaken did not lose any money,  I don't think that only chinese bitcoin users loses money on these Chinese action, Bitcoin community is not limited to Chinese people alone and news is not limited to Chinese land.  With technology and how fast these information was passed and circulated on the internet, anyone that had sold their Bitcoin at the time Bitcoin price decline lost some profit even, capital and this happen all over the world.

[shinratensei_]

Reason is simple:

It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400

Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.

Just be ready... hodl or trade... but it will happen again.

It may happen but who cares, they are the ones to fall for that, if we did not stopped holding despite the huge FUD coming from the China government then, what can they say or do in order to make us drop our coins? They need to suck it up and just accept the fact they lost their money.

That sounds awkward but it's true, china is the one who losing money, it's because their own regulation that shaking their market, while bitcoin users outside china just hodling and wait for new ATH.
when the market cap of chinese exchange has significantly decreasing, no more price affection, no more stupid regulation for bitcoin.

actually ones who lost money is Chinese who is users of bitcoin. china 's government didn't lost anything, but their regulation give some bad affect for Chinese (users of bitcoin) because after china banning bitcoin exchanger, most of them should sell out their btc in lose. some part of bitcoin 's holders and users from whole the world  do panic selling as well. recent time bitcoin get stronger without china. the most of bitcoin have been learned from past events that they could keep standing on bitcoin without china.

In my opinion above, actually i refer to chinese people and not the government but quite agree with your opinion, chinese people are forcefully selling their bitcoin even in lose due to the regulation in china and there's nothing they can do about it, once they break the rules, they'll be punished. but, bitcoin hodlers around the world selling their bitcoin because of china regulation doesn't make sense, maybe they're trying to get profit off this rumour and buyback in the dip

[astrid.uchiha24]

Reason is simple:

It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400

Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.

Just be ready... hodl or trade... but it will happen again.

It may happen but who cares, they are the ones to fall for that, if we did not stopped holding despite the huge FUD coming from the China government then, what can they say or do in order to make us drop our coins? They need to suck it up and just accept the fact they lost their money.

That sounds awkward but it's true, china is the one who losing money, it's because their own regulation that shaking their market, while bitcoin users outside china just hodling and wait for new ATH.
when the market cap of chinese exchange has significantly decreasing, no more price affection, no more stupid regulation for bitcoin.

actually ones who lost money is Chinese who is users of bitcoin. china 's government didn't lost anything, but their regulation give some bad affect for Chinese (users of bitcoin) because after china banning bitcoin exchanger, most of them should sell out their btc in lose. some part of bitcoin 's holders and users from whole the world  do panic selling as well. recent time bitcoin get stronger without china. the most of bitcoin have been learned from past events that they could keep standing on bitcoin without china.

Those whose hands are not shaken did not lose any money,  I don't think that only chinese bitcoin users loses money on these Chinese action, Bitcoin community is not limited to Chinese people alone and news is not limited to Chinese land.  With technology and how fast these information was passed and circulated on the internet, anyone that had sold their Bitcoin at the time Bitcoin price decline lost some profit even, capital and this happen all over the world.

yeah i wonder why people are getting buzz by those fudders, clearly chinese investors are just a portion of the bigger market of bitcoin, whatever they do bitcoin will not get moved as long as the rest of the community supports it, bitcoin just got shaken up a little bit but right now it is going up so if you can understand and predict the moves made by china you will earn from it.

[|Bitkoin|]

Of course you have to be ready for more rumors and FUD from China because that's what these countries with power do, they talk crap and then buy Bitcoin behind the scenes, it's classic market manipulation.

[Realist247]

Reason is simple:

It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400

Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.

Just be ready... hodl or trade... but it will happen again.

There is more FUD on this forum BY FAR than there is coming out of China.  Just be ready for what?  That China will do what they've been saying for a long time now?

[South Park]

Reason is simple:

It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400

Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.

Just be ready... hodl or trade... but it will happen again.

It may happen but who cares, they are the ones to fall for that, if we did not stopped holding despite the huge FUD coming from the China government then, what can they say or do in order to make us drop our coins? They need to suck it up and just accept the fact they lost their money.

That sounds awkward but it's true, china is the one who losing money, it's because their own regulation that shaking their market, while bitcoin users outside china just hodling and wait for new ATH.
when the market cap of chinese exchange has significantly decreasing, no more price affection, no more stupid regulation for bitcoin.

Correct every time there is FUD coming from China some people act as if the sky is falling and while the price goes down for sometime the price always recovers and in many instances it went even higher than it was before all the FUD and the more they do this the less influence the next FUD attempt it is going to have in the market.

[redsun114]

china is now preparing for a new rumor, that's what I'm reading lately. I'm not sure if it's true or not. but all this time china has made a lot of us restless.

I think this is for 2nd time that the China is in action against bitcoin. We have seen in past these type of rumors of China against bitcoin but happened with bitcoin. I think after a week time china will cool down about bitcoin and every thing will get start a smooth run again.

I hope even complete ban of china on bitcoin would not be proved harmful for bitcoin in future because bitcoin is not totally dependent on China.

[stupid_seb]

china is now preparing for a new rumor, that's what I'm reading lately. I'm not sure if it's true or not. but all this time china has made a lot of us restless.

Source?

I believe we start to get out of the shitstorm.
Probably good or neutral news to come: ban or regulations will be preceived as good news.

Watch what is happening in NKorea as well: the china ban could be related

Russa sent some bad signals yesterday.
And china some good ones

Let’s see where we go.


I bought WAVES in the fud-dip at 86k

[pearlmen]

Its just like saying ignoring China at your own risk. The fud won't stop and the coming one will always be tougher and harder than the former but one thing is certain bitcoin will always  recover. Chinese are not done with bitcoin and I don't see that happening either so far the majority of shots are still being called from that end especially as it relates to mining.

[BossMacko]

Well i am ready for any news that will coming out from China or should i say i am already used to any news coming out from China anyway thanks to China rumors i have proven the strength of Bitcoin that it will never go down easily even if China is one of the largest population of Bitcoin users and China will banning Bitcoin on their country, Bitcoin will still prevail and price will always rise to the top.

[zollyharvan]

If they are free-thinking all the events are on bitcoin and the rumors are all fake. Do not be fooled by the fudders.
If they believe in bitcoin, the best way to do it right now is to study with your bitcoin preferably.

[btcbringer]

i really want to hear the rumor and fud from China nowadays, the price of bitcoin pumped so much, its a bad news to me as i have not buy enough bitcoin, the only thing i wish is that who can stand out to stop bitcoin

[kinzey]

hate it when they do that.... creating rumors to drive prices down... tsk tsk tsk...

[loda.doa]

i really want to hear the rumor and fud from China nowadays, the price of bitcoin pumped so much, its a bad news to me as i have not buy enough bitcoin, the only thing i wish is that who can stand out to stop bitcoin

bitcoin has overcome the disadvantage coming from China. I believe in the future, hardly the bitcoin something hard was it developed

[dieselmeister]

I think that after some bad news from China and even Russia, Bitcoin is pumped. I hope that whatever bad rumors, Bitcoin still rises up.  

[pikebu]

The new rumors come from the China related with cryptos currency exchange is Changpeng Zhao (CZ), CEO of Binance and former CTO/Cofounder of Okcoin sat down with news.Bitcoin.com to talk about dealings with regulatory bodies in China, his advice for retail investors when choosing an exchange and the future of centralized and decentralized crypto exchanges. http://www.altcointoday.com/life-chinas-exchange-ban-interview-hong-kong-based-binance-ceo-zhao/

[meliodas]

Reason is simple:

It has been TWICE that china got burnt on BTC, selling as low as $3,900 last weekend, and as low at $4,100 today.
Every time, BTC showed strong resilience and systematically went back up in the $4,400

Lots of Chinese traders lots money, and WILL want to make this money back... spreading FUD and fake news on BTC.

Just be ready... hodl or trade... but it will happen again.

As expected, there is a possibility that this will happen. With what happened to China, this kind of things are bound to happen. China is a good country don't get me wrong. But, when it comes to their people influence is easily spread.