Good news to bitcoin traders.

[nmaryrai]

If China treats Bitcoin as you say, it's good news for us all. Because, China is very influential in the Global market, now is a good time to buy Bitcoin. But, buy Bitcoin in a wise way (do not get greedy) think about the effect, good or bad?

[949miner]

Yeah but coins and bitcoin are slowly rising right now, but they are a little bit quiet just because we are still on weekend, maybe we can see a good movement tomorrow afternoon. I hope bitcoin can go to $5000 again, it would be awesome if it can reach that amount before the end of this year. Also altcoins are very quiet right now, that is because bitcoin is doing the same. Lets see what happens in the next days

[cryptokitty]

Good to hear that. It's a good start for this week's possible outcome for BTC and Altcoins. It's a good sign that bitcoin will continue to rise at the end of this year. May this all bring a good luck for every body specially now that Christmas is nearly approaching.

[Rostchild]

Yes, it is a very good opportunity to buy BTC now, it is considered as low.
I think it may be higher next time.

[newlone]

"Chinese government said it is impossible to ban bitcoin that they are just trying to regulate it and they actions should benefits blockchain" https://www.reddit.com/r/Bitcoin/comments/6zzmyy/official_press_of_china_it_is_impossible_to_ban/ for fundamental analysis traders, the best time to buy bitcoin is now as this is the best significant news that come from China after the banned of ico and the fake news or rumor of banned of cryptocurrency exchangers in China.

Despite the official announcement from the Chinese government, it has remained unchanged over the past few days. 
To this today, there is a good turnaround that many traders will be glad about btc has come back .

[yanto@1977]

"Chinese government said it is impossible to ban bitcoin that they are just trying to regulate it and they actions should benefits blockchain" https://www.reddit.com/r/Bitcoin/comments/6zzmyy/official_press_of_china_it_is_impossible_to_ban/ for fundamental analysis traders, the best time to buy bitcoin is now as this is the best significant news that come from China after the banned of ico and the fake news or rumor of banned of cryptocurrency exchangers in China.

Agree with that and I hope bitcoin will grow up faster than currency also. Bitcoin have future and exchanger become part of that, I always support county allow bitcoin as an alternative payment. When the price fall, we only need to decide sell or buy again but careful with that. You can make profit and also get loss if you don't analyze wisely. Good luck.

[revo1044]

"Chinese government said it is impossible to ban bitcoin that they are just trying to regulate it and they actions should benefits blockchain" https://www.reddit.com/r/Bitcoin/comments/6zzmyy/official_press_of_china_it_is_impossible_to_ban/ for fundamental analysis traders, the best time to buy bitcoin is now as this is the best significant news that come from China after the banned of ico and the fake news or rumor of banned of cryptocurrency exchangers in China.

Agree with that and I hope bitcoin will grow up faster than currency also. Bitcoin have future and exchanger become part of that, I always support county allow bitcoin as an alternative payment. When the price fall, we only need to decide sell or buy again but careful with that. You can make profit and also get loss if you don't analyze wisely. Good luck.

Prices will not stabilize and their movement will remain high but the market has absorbed China's news bitcoin needs two things
either to climb above 4050 and this leads to stability Or stability between 3400-3800 with low oscillation within this area and this also leads to stability

[setupbounds]

I do not really see this as any news since Chinese never came out to say they were banning bitcoin in the first place. Some whales only took that as a means to make gullible people react to the market so they can buy at low price. Good for those who fell for it.

Yes actually it's true
Bitcoin was expected to fall below $4000 earlier than this Chinese FUD has started. I don't know why people are panicking like hell by seeing FUD news. On top of this JP Morgan CEO's news had reached main stream media and people that this is the end.
Some people can't digest BTC going down a certain percentage but when it's going up they'll be yelling at BTC like "Go to moon!"

It is because they're not mature enough when it comes to the deepest meaning of bitcoin, which in the end they got panic when the price goes down, however the present value so far is little bit recovering anyhow, I guess this will continously go up going to the moon.

Those who are doing panic selling with bitcoins, I will advise them not to give up on their coins that easily. Bitcoins are soon going to pump and most probably they will touch 5k dollars at the end of this year. So no need to go with the flow, rather keep them in wallets for being a part of next epic ride.

[logicgate]

Chinese media flooded with news confirm china government will shutdown all btc exchanges,did not care its true or false but pretty sure btc will grow stronger without china market and out from china actually is a good news

Probably big whales are spreading fake news through paid media in order to achieve something. We know how popular news sites affect the sentiment of Bitcoin holders, especially the newcomers. Entities that are involved in Bitcoin now are much more than before, that why the price is too fluctuated.

Whales have so strong influence in the market of this crypto world. What we all could even think in this field, whales are actually doing it. Recent turmoil was one block of that chain to victimize the newcomers and medium traders so that they get panic and sell bitcoins urgently and hundreds of them did.

[bs9]

"Chinese government said it is impossible to ban bitcoin that they are just trying to regulate it and they actions should benefits blockchain" https://www.reddit.com/r/Bitcoin/comments/6zzmyy/official_press_of_china_it_is_impossible_to_ban/ for fundamental analysis traders, the best time to buy bitcoin is now as this is the best significant news that come from China after the banned of ico and the fake news or rumor of banned of cryptocurrency exchangers in China.

I think it bitcoin is now most popular coin nobody can ban this.But i am not hold my coin this week because i need enough money .Now i am try to buy bitcoin and hold for 1 year.

[Prem.Soorajpaul]

No govt. supporting openly to bitcoin. I think, they are feeling insecure. Once bitcoin will be accepted widely , it will reduce the dominance of US dollar.

[fullhdpixel]

That good news bring back the fresh air.

Seems like bitcoin price start rising this early morning since that article released

Exactly! I think that from now onwards, things are going to be in very much favor of all the traders and investors who were holding their coins for quite longer time. I think the market price of Bitcoin will increase significantly in the next coming days bringing a lot of profit for the investors.

[Trela]

I do not really see this as any news since Chinese never came out to say they were banning bitcoin in the first place. Some whales only took that as a means to make gullible people react to the market so they can buy at low price. Good for those who fell for it.

Yes actually it's true
Bitcoin was expected to fall below $4000 earlier than this Chinese FUD has started. I don't know why people are panicking like hell by seeing FUD news. On top of this JP Morgan CEO's news had reached main stream media and people that this is the end.
Some people can't digest BTC going down a certain percentage but when it's going up they'll be yelling at BTC like "Go to moon!"

It is because they're not mature enough when it comes to the deepest meaning of bitcoin, which in the end they got panic when the price goes down, however the present value so far is little bit recovering anyhow, I guess this will continously go up going to the moon.

Those who are doing panic selling with bitcoins, I will advise them not to give up on their coins that easily. Bitcoins are soon going to pump and most probably they will touch 5k dollars at the end of this year. So no need to go with the flow, rather keep them in wallets for being a part of next epic ride.

Actually today, the bearish trend seems has ended, if you still want to sell your Bitcoin as panic seller, you only give up your chance become rich to others. Therefore, hold your Bitcoin not is bad choice, even it can helps you earn good profit in next time.

[777Bitcoin]

I've been waiting for this all along for China been messing around this few days and make me tumble in my chair for what have happened before because of bad news and rumors of total banned. China is so disgusting sometimes the way they treat others and not thinking much the implications of they're actions. They must have released it the same time the article of banning is spreading. They've gain profits from it.

[carriebee]

"Chinese government said it is impossible to ban bitcoin that they are just trying to regulate it and they actions should benefits blockchain" https://www.reddit.com/r/Bitcoin/comments/6zzmyy/official_press_of_china_it_is_impossible_to_ban/ for fundamental analysis traders, the best time to buy bitcoin is now as this is the best significant news that come from China after the banned of ico and the fake news or rumor of banned of cryptocurrency exchangers in China.

I think it bitcoin is now most popular coin nobody can ban this.But i am not hold my coin this week because i need enough money .Now i am try to buy bitcoin and hold for 1 year.

Bitcoin is popular and it is a good news to bitcoin traders China not banning bitcoin. Yes, they are trying to regulate because of most happening in cryptocurrency world. A good news for those who really in panic selling. Well, even this is happening bitcoin still be on top and its value will rise.

[danherbias07]

Real news are the good news.
For me, it aint China that created the fake news but the whales that are trying to get a fast profit using their powers to manipulate the minds of the bitcoin users. Paying those who can make it spread and will make a panic so that they will go with the flow that they want then suddenly buy again after the panic. A genius tactic but an evil one.

[Aleister Crowley]

If China treats Bitcoin as you say, it's good news for us all. Because, China is very influential in the Global market, now is a good time to buy Bitcoin. But, buy Bitcoin in a wise way (do not get greedy) think about the effect, good or bad?

if in a few days back we buy a lot of bitcoin already on make sure today has become berli [at double ,, should ktia should not waste the slightest opportunity to buy bitcoin ,, of course the effect of china is very strong .. besides some people who suffered losses due to cut loss but on the other hand there is the advantage of the impact of problems that arise from China

[Lanatsa]

If China treats Bitcoin as you say, it's good news for us all. Because, China is very influential in the Global market, now is a good time to buy Bitcoin. But, buy Bitcoin in a wise way (do not get greedy) think about the effect, good or bad?

if in a few days back we buy a lot of bitcoin already on make sure today has become berli [at double ,, should ktia should not waste the slightest opportunity to buy bitcoin ,, of course the effect of china is very strong .. besides some people who suffered losses due to cut loss but on the other hand there is the advantage of the impact of problems that arise from China

Im sure there are people who do lose up money unless if they did able to buy on the dips but if they do sell out for cutting loses and didnt buy on that range for sure they are still losing some money.Sorry for those who did panic sell on loss and now seeing on the price it did recover already and gradually increasing.I do hope it would pump out soon so that my profits would really be more.

[Gozie51]

If China treats Bitcoin as you say, it's good news for us all. Because, China is very influential in the Global market, now is a good time to buy Bitcoin. But, buy Bitcoin in a wise way (do not get greedy) think about the effect, good or bad?

if in a few days back we buy a lot of bitcoin already on make sure today has become berli [at double ,, should ktia should not waste the slightest opportunity to buy bitcoin ,, of course the effect of china is very strong .. besides some people who suffered losses due to cut loss but on the other hand there is the advantage of the impact of problems that arise from China

Im sure there are people who do lose up money unless if they did able to buy on the dips but if they do sell out for cutting loses and didnt buy on that range for sure they are still losing some money.Sorry for those who did panic sell on loss and now seeing on the price it did recover already and gradually increasing.I do hope it would pump out soon so that my profits would really be more.

The expected jump is inevitable. The price has been hovering around 4k . Anytime it breaks loose , it becomes a new trend upwards. Maybe, the Chinese positive story would break this off.

[HatakeKakashi]

I think thats why bitcoin again increase the price . But even china ban bitcoin for sure ut will increase. Many people said thats strategy of china so they can buy more bitcoin with chepa price. Because thats not first time china try to ban bitcoin exchanges to their county thats second time I think. But thats good news to everyone and for sure this month of september we will see the price of bitcoin at 3000 dollars.