Be ready for more rumors and fud from China

[stupid_seb]

Current risk is a 51% attack in the worst case scenario: if the China gvt seizes all mining power there.
It's unlikely to happen, but we never know with China.

I'd be working at Bitcoin Core, I'd make sure to propsoe, like for segwit, a software upgrade that can REJECT any transaction coming from China. Just to get 1 or 2 grenades ready for the occidental miners.
Hopefully, we have this BitcoinCash scamcoin that may help a lot by becoming a center of interest for the Chinese gvt.

[Hoho29]

china is strong market with good businessmen  but bitcoin is stronger than any rumors or manipulation from directorate governments .

[BarbieCasino]

china? why do you mention china? Be ready for more fud from the entire world I would say! The rest of the world are begining to open their eyes to bitcoin, and wants to shut it down!

It is right the china is doing very badly to the economical profit of the country but it will not affect the bitcoin at all because the price of the bitcoin is increasing and it will never make you suffer from loss. Bitcoin has improved the poverty in the countries that are using bitcoin so the china will loss the chance to solve a lot of problems in their country if they will reject the use of the bitcoin.

[lalabotax]

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.

[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

[cybersofts]

No. I don't think so because bitcoin is currently under recovery mode.
The price fluctuations is part of the process meaning it will fully recover in time.
China is out of deal! what do you expect to hear more from them while they are out?
 

[ymirymir]

China and its people are manipulating bitcoin. It's the nature of their culture. Secrecy and a few getting rich.

This is true, it's Chinese nature to be sneaky when it comes to business and marketing. I don't know their reason for hating bitcoin, maybe they wanted to control majority of bitcoin however they failed so they started dumping it and making news and issues like they made by banning ICO in their country. I think they are making the biggest mistake of their life.

[Rascar Capac]

Do you think that the chinese's hurrican is end ? i read more and more article wich demonstrates that the chineses are moving to Korean exchange and that localbitcoin is growiing up really fast in this country...

[pureclckr]

so are we going to see another price drop of bitcoin? if so that's good

It may be a rumor but price will not go down because it has started going up and will march like that, china has lost his hold on the market so now it doesn’t matter that what they are doing so no need to worry about that and believe in bitcoins and invest as more as possible.

[nagobinga]

it may be just a bluff or a real china if yes i will wait for it until the rumor will come out and there will be no fear in the slightest by me.

[Zimbabwecoin]

I am ready for a buying opportunity. I am delaying paying my taxes so I can buy more bitcoin if the price falls... if it does not fall then I will just go ahead and pay taxes

[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.

[xaxistech]

I am acostumbrated to be always reading fud about china, it is like a routine for me, since i am reading a lot of new threads everyday saying that XX china is going to do X thing about bitcoin or any other altcoin, i am tired of it, because i think that this problem is in the past right now, anyway, we are probably going to face a lot of news about Russia and India about bitcoin and icos.

[faithupgrade]

Whats happening now is a complete manipulation. They are doing it carefully and according to BTC's current flow price. Dont just blame the Chinese ,there are also huge whales behind this. Count JP morgan in the list.

[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.

[stupid_seb]

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.

Actually, I now believe that we may be in for GOOD NEWS from China.

Russia could be the next party pooper (Note to Wave holders...).

[stupid_seb]

If there are new panics and new dumps i'm here to buy.

That's the spirit !! :-)

[diguyo]

Tbh I don't mind this. If you're smart and you know what's believing /coming then you'll buy the lows and then sell a couple weeks later for a nice profit

[Melquart]

Big bitcoin holders are manipulating bitcoin price. Anyway trading is not for week heart. Try to hold your coin no matter what you hear.

[bitcub]

So what are we waiting for? Watch the BTC dropped again hopelessly? If you know what will happened next then do something to take advantage. I just sold all of it to USDT. Waiting for the next dip. This could give 30% to 50% profit.

Will rebuy at 3k.