newguy05
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September 16, 2017, 08:16:15 PM |
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This is a panic yes but it will never ending process somebody making a huge money on this
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wareen
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September 16, 2017, 08:17:10 PM |
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I think bitcoin will survive. We can see yesterday the price fall down but now th price up smoothly. And i belive the price will increase soon. And bitcoin will not end or destroy by anything.
It definitely will survive as long as we are using it it will survive. People think it needs mass adoption to survive but it doesn't. Bitcoin will be just fine as long we keep using it. Even if the use stays the same as it is now we will be fine. This won't stop is using bitcoin. Bitcoin cannot destroy by someone or noboby can do that, that is the truth and you could not change this truth. Because the nature of Bitcoin system makes that future never happens.
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Pablo778
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September 16, 2017, 08:17:35 PM |
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I think bitcoin will survive. We can see yesterday the price fall down but now th price up smoothly. And i belive the price will increase soon. And bitcoin will not end or destroy by anything.
It definitely will survive as long as we are using it it will survive. People think it needs mass adoption to survive but it doesn't. Bitcoin will be just fine as long we keep using it. Even if the use stays the same as it is now we will be fine. This won't stop is using bitcoin. Yes i agree with you,, that if we stay for still using bitcoins, it will continue.
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BitcoinMuscle
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September 16, 2017, 08:23:31 PM |
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China does not want to destroy bitcoin , they want to open their own exchanger.China is copying everything. They copied amazon, facebook, twitter , skype ,everything. China makes all this threats just to scare people so they close all the ICO's and also all the exchangers so when they create thier exchanger it will be the most popular and also will regulate all the ICO's
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Snaic
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September 16, 2017, 08:28:45 PM |
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All that could harm China bitcoin, he has already done. The price of bitcoin and other crypto currency fell significantly. However, no country, including China, is able to kill bitcoin. Crypto currency is interstate, it does not depend on any government. It will be restructured territorially and will continue to grow. If China permanently prohibits the circulation of crypto currency in its country, then its economy will suffer greatly from this.
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GreenBits
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September 16, 2017, 08:34:19 PM |
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bitcoin has been around for near a decade at this point. this is far from the first major retraction that we have had, and never a retraction fro such a high level 9 we are in new territory, even if i dont believe its legit) why would bitcoin run to ruin now? China is a huge part of the ecosystem, to be sure, but its not the whole, as evidenced by the recent drop. it was pretty decent, and we still havent recovered, but even at this price I believe bitcoin is over valued. if we can maintain these price levels in the face of this news, esp on top of all the criminal activity/forks/bullshit as of late, then bitcoin is pretty much bulletproof by my reckoning. dont get used to these price levels though, they arent a promised thing
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oegarod
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September 16, 2017, 08:37:48 PM |
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As the price increase took place in large scale, the price decrease too is happening in the similar manner. This is a natural fluctuation happening based on the market circulation. It doesn't seem to be an beginning for the destruction, because bigger issues than this has been already faced by bitcoin.
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GreatOrchid
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September 16, 2017, 08:38:11 PM |
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My conspiracy theory is that China wants reduce the price of bitcoin cash's price so their countrymen can buy at lower price. Then start promoting again.
yeah it can be true since they know that their country is one of the biggest investors of bitcoin and since chinese people are likely born to become a businessman, this is their strategy then they will buy bitcoin again when it decreases and sell when it increases. Maybe its a theory but who knows if its true but i agree with this theory in the end of bitcoin. its an absolute NO. i just started to know bitcoin since last week but for me i think the news in china is not enough to make bitcoin destroy or end. maybe it will decrease the price which is what we are experiencing right now but there will be a time that it will rise again. if someone said that bitcoin will be destroyed because of china, its like he/she said that china is in control of bitcoin it might be true.. I have been looking for a lot of information yesterday's evening, and this is what almost everybody is talking about. Or maybe those giants traders in New york want to spread fud so they can buy bitcoin at a reduced price, that is the only theory that i think that sounds fair. But nobody knows, i have bought some bitcoin at this price and i am happy with that, but it looks like it is recovering now, it will be a slowly proccess but it would be done.
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iL_P4driNo
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September 16, 2017, 09:28:30 PM |
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I think they are just dumping the price to buy then they will pump it again.
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Ranly123
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September 16, 2017, 09:34:03 PM |
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I donot understand what are going to on bitcoin?Bitcoin dumping and dumping .Now bitcoin under 3600$ i think in this week its going to under 3000$.China can destroy bitcoin or ended this month.What your predict ? China may play a big part in bitcoin but i guess it will not end bitcoin. China banning bitcoin may cause the price to drop but due to other parties that will invest on bitcoin it will rise again. Remember when the bitcoin price drops there will be lot of investors that will be triggered to invest . Just wait till that happen.
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tabas
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September 16, 2017, 09:34:23 PM |
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I donot understand what are going to on bitcoin?Bitcoin dumping and dumping .Now bitcoin under 3600$ i think in this week its going to under 3000$.China can destroy bitcoin or ended this month.What your predict ? No they can't destroy bitcoin though they are one of the big market players so bitcoin's affection has been seen. They probably are testing their power in bitcoin and if the news are real, there is also a statement that those ban will be gone after making a law about ICO's and with those local exchanges on China, they'll relocate in some other countries to continue their business. I'm worried about the miners, as China has the most number of miners.
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nicster551
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September 16, 2017, 09:48:54 PM |
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I donot understand what are going to on bitcoin?Bitcoin dumping and dumping .Now bitcoin under 3600$ i think in this week its going to under 3000$.China can destroy bitcoin or ended this month.What your predict ? No they can't destroy bitcoin though they are one of the big market players so bitcoin's affection has been seen. They probably are testing their power in bitcoin and if the news are real, there is also a statement that those ban will be gone after making a law about ICO's and with those local exchanges on China, they'll relocate in some other countries to continue their business. I'm worried about the miners, as China has the most number of miners. Yes they can't destroy bitcoin because there are alot of supporters and investors of bitcoin now which can be found in different countries. Bitcoin popularity now is huge that cause it's price to rise.
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ninche
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September 16, 2017, 09:51:56 PM |
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i dont see huge collapse happened ,it is normal drop happened so many times before then btc recovered again
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tulio
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September 16, 2017, 09:57:11 PM |
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I donot understand what are going to on bitcoin?Bitcoin dumping and dumping .Now bitcoin under 3600$ i think in this week its going to under 3000$.China can destroy bitcoin or ended this month.What your predict ? No they can't destroy bitcoin though they are one of the big market players so bitcoin's affection has been seen. They probably are testing their power in bitcoin and if the news are real, there is also a statement that those ban will be gone after making a law about ICO's and with those local exchanges on China, they'll relocate in some other countries to continue their business. I'm worried about the miners, as China has the most number of miners. I do agree Bitcoin will survive and see the dumping as usual behavior. I believe that this week dumping was also strongly influenced by the JPMorgan's CEO statement, not only China past days events. Regarding miners, actually, many of them are in China because of the cheap electricity. If China also bans Bitcoin mining, this would be a huge problem. They hold the largest mining pools and play a big role in the today's hash rate.
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The_Dark_Knight
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September 16, 2017, 10:51:17 PM |
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I donot understand what are going to on bitcoin?Bitcoin dumping and dumping .Now bitcoin under 3600$ i think in this week its going to under 3000$.China can destroy bitcoin or ended this month.What your predict ? Lol no, people in the forum need to stop being that bipolar, when everything is fine then bitcoin is the best thing ever and we are going to be millionaires and stuff like that, the price goes down and suddenly this is the end of the world and people think that bitcoin is going to die, this is just the volatility of bitcoin deal with it.
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Johj
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September 16, 2017, 10:55:08 PM |
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Bitcoin will flourish in the end. Do not be worried about the longterm longevity of bitcoin!
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ramsdaj28
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اللعنة
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September 17, 2017, 12:11:59 AM |
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I donot understand what are going to on bitcoin?Bitcoin dumping and dumping .Now bitcoin under 3600$ i think in this week its going to under 3000$.China can destroy bitcoin or ended this month.What your predict ? This is just FALSE! China can't destroy bitcoin, my friend. If ever China withdraws their part on bitcoin market, that is not enough reason for bitcoin to die. There's a lot of countries who supports bitcoin, and that will maintain the existence of bitcoin. The only effect of that CHINA ISSUE on bitcoin is that the bitcoin price will be on a swing as it finds its value once China withdraws their part on the bitcoin market.
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Aismabbs
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September 17, 2017, 12:48:59 AM |
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I donot understand what are going to on bitcoin?Bitcoin dumping and dumping .Now bitcoin under 3600$ i think in this week its going to under 3000$.China can destroy bitcoin or ended this month.What your predict ? I dont think bitcoins are going to end with just quick. It is just like the segwit last couple of months. This just happen because of the china incident where they banned all the cryptos. Chinese are ruining this business thats is I think the main reason why bitcoin today are going down. But I know they will rise again just like what they always do. Because bitcoin is a big thing that cannot be easily destroyed. A lot of big people are in this thing and they won't let that happen. This provides them a big money.
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Potato Chips
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September 17, 2017, 01:14:43 AM |
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I donot understand what are going to on bitcoin?Bitcoin dumping and dumping .Now bitcoin under 3600$ i think in this week its going to under 3000$.China can destroy bitcoin or ended this month.What your predict ? I dont think bitcoins are going to end with just quick. It is just like the segwit last couple of months. This just happen because of the china incident where they banned all the cryptos. Chinese are ruining this business thats is I think the main reason why bitcoin today are going down. But I know they will rise again just like what they always do. Because bitcoin is a big thing that cannot be easily destroyed. A lot of big people are in this thing and they won't let that happen. This provides them a big money. its true that bitcoin ain't going to fall that easily but i do not think the chinese are trying to ruin bitcoin. most people think that when bitcoin dumps it is automatically considered as a negative thing but in reality its not because if the price falls then its a good time to buy more because its cheaper than usual right? so my conclusion is they're just trying to take advantage of this to gain something greater. well all whales tend to do that as they can influence the market
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uztre29
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September 17, 2017, 02:58:19 AM |
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Nope, they can never destroy bitcoin. No country can make the existence of bitcoin vanish. China doesn't own bitcoin. We do not know who is/are the creator/creators of bitcoin. That anonymous person/people has/have the right to end bitcoin. And so I think bitcoin will never end this month. Bitcoin's price will continue to grow.
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