btc78
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Eloncoin.org - Mars, here we come!
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September 12, 2017, 09:13:19 AM |
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The news has been going in the last few days and we already felt the effect of it. But now it looks like the dumping has stopped because the price is going green at $4200+. The Chinese investors would just have to move their coins around like in Polo or Kraken and continue to do their trading activity. So for me, we have somewhat overcome this negative news already because the price seems recovering as of this time.
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starblocks
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 12, 2017, 09:40:48 AM |
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This is rumored to just be FUD or 'media hype' at this stage I'd wait for an official statement before panicking ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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Bitcoincole
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September 12, 2017, 09:53:52 AM |
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This is rumored to just be FUD or 'media hype' at this stage I'd wait for an official statement before panicking ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Don't feel bad of what china shutdown bitcoin exchange because it was just a strategy for the players in china to lowdown the exchange currency of bitcoin for as the bitcoin holder got panic and sell in a low price because they think the bitcoin would reach it 5000 + for this year.
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MintCondition
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September 12, 2017, 10:45:00 AM |
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This is rumored to just be FUD or 'media hype' at this stage I'd wait for an official statement before panicking ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Don't feel bad of what china shutdown bitcoin exchange because it was just a strategy for the players in china to lowdown the exchange currency of bitcoin for as the bitcoin holder got panic and sell in a low price because they think the bitcoin would reach it 5000 + for this year. China been talked of the month in bitcointalk. It juat shows how influential China is in crypto and how they want us to see that they have power over manipulating the price of btc when they do some decisions. We need to be consistent on our decisions.
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eastwind_ja
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September 12, 2017, 11:07:59 AM |
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are you a chinese, even chinese don't believe that winter will come if China Shut Bitcoin Exchanges . it is not a big deal, one country's policy means nothing to BTC.
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dragon695
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Decentralized Ascending Auctions on Blockchain
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September 12, 2017, 01:07:02 PM |
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many people can write thing on wsj. dont believe media anymore
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nelmari
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September 12, 2017, 01:10:25 PM |
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These are just rumors and speculations with no solid grounds that it could happen although yes you could say it will be bad for bitcoin and it could drop its price again especially if the news would come out that it will truly shut down bitcoin exchanges, but we'll see if it does happen.
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Specterminate
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September 12, 2017, 01:27:29 PM |
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today it's China, tomorrow it will be some other country. The point is that some regulation might attract more investors into the crypto markets, while the negative thing is that over regulating it might suffocate the market and BTC's price respectively
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ibuddy122505
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September 12, 2017, 05:18:11 PM Last edit: September 13, 2017, 02:26:36 PM by ibuddy122505 |
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Don't believe such of media news! Lessons Learned from the Chinese Fud/News. This is why, people are scared, and getting rid of their crypto and ultimately the market has become extremely volatile. Just keep in mind that Nobody can stop Bitcoin.
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starblocks
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 17, 2017, 03:17:33 AM |
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One Chinese exchange just shut down I wonder when more will follow suit? ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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omonuyak
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September 17, 2017, 07:15:58 AM |
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I do believe this is going to be a temporary ban as the arm of Chinese government is to regulate the activities of trading exchanger's platform and ICO project. I read an article online that Chinese regulatory authority want to make blockchain technology more profitable to their citizen and thus the government must protect the citizens from scamming activities.
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eastwind_ja
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 17, 2017, 09:32:26 AM |
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I do believe this is going to be a temporary ban as the arm of Chinese government is to regulate the activities of trading exchanger's platform and ICO project. I read an article online that Chinese regulatory authority want to make blockchain technology more profitable to their citizen and thus the government must protect the citizens from scamming activities.
not so simple. chinese regulators are afraid of losing control of ecnomic markets, so they may shut down btc exchages for a long time until the world accept BTC better.
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intrader
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September 17, 2017, 10:26:31 AM |
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No, btc will be stronger without china,do you think china really have big impact on btc? After btc out from china market they will need 10x from current price to have btc again The good news is bitcoin is legal in japan and worldwide
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yanto@1977
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★Bitvest.io★ Play Plinko or Invest!
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September 17, 2017, 02:42:50 PM |
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No worry about that, China has power to decides what the best for their own country, we can't do nothing. Besides that, exchanges not only in China. We can find it around the world or even exchange from trusted friend. For me, it's just speculation and will go as soon as possible. Have a nice day.
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stomachgrowls
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September 17, 2017, 04:46:41 PM |
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No, btc will be stronger without china,do you think china really have big impact on btc? After btc out from china market they will need 10x from current price to have btc again The good news is bitcoin is legal in japan and worldwide Knowing the truth it can really give an impact on Bitcoin knowing that China is a big player on this crypto currency world and knowing they are holding up the largest mining farms on bitcoin too.This is why this news is just really temporary even though there are exchanges have been closed already wondering whos next but eventually they would go operate again but they are already have a license.
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carlisle1
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September 17, 2017, 05:09:20 PM |
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No worry about that, China has power to decides what the best for their own country, we can't do nothing. Besides that, exchanges not only in China. We can find it around the world or even exchange from trusted friend. For me, it's just speculation and will go as soon as possible. Have a nice day. well western exchange will play a lot from now since china seems to be really serious about this matter and they are feeling that this crypto industry really threatening their economy so for now maybe we will see more exchange to be temp or permanently closed.
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wareen
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Revolutionizing Brokerage of Personal Data
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September 17, 2017, 05:57:47 PM |
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I do believe this is going to be a temporary ban as the arm of Chinese government is to regulate the activities of trading exchanger's platform and ICO project. I read an article online that Chinese regulatory authority want to make blockchain technology more profitable to their citizen and thus the government must protect the citizens from scamming activities.
not so simple. chinese regulators are afraid of losing control of ecnomic markets, so they may shut down btc exchages for a long time until the world accept BTC better. Maybe forever, because they do not need to open if they want this FUD can affects the mentality of traders unstable in a long time. Then, they will have much time to buy Bitcoin till enough to create new trend and continue earn profit, very easy to make money ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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jvdp
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 17, 2017, 06:56:11 PM |
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No worry about that, China has power to decides what the best for their own country, we can't do nothing. Besides that, exchanges not only in China. We can find it around the world or even exchange from trusted friend. For me, it's just speculation and will go as soon as possible. Have a nice day. well western exchange will play a lot from now since china seems to be really serious about this matter and they are feeling that this crypto industry really threatening their economy so for now maybe we will see more exchange to be temp or permanently closed. This is also a one of the reason why bitcoin is now banned in China. If any new currency replace their Currency means,they will loss his entire Economy system and the value of their Currency to the crypto. So only they banned Bitcoin a week ago.But they can't control the bitcoin user.So only the start of Accepting bitcoin.
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TooDumbForBitcoin
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September 17, 2017, 10:23:38 PM |
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Japan where cryptocurrency is legal currency can save us from stupid China gouverment decisions. Yaun is devaluated - so lets ban btc, not upgrade economic ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) XIX summit of Communist Party of China is take place soon, I think PBOC will more soft after
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viralz
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September 18, 2017, 12:37:32 AM |
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You are right, it is so scary. I imagine that Chinese would sell their coins and it may be a short term panic sell.
Probably, I dont know, I would like to check other opinion on this thread
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