Bitcoin Tsunami

[valucash]

The events of the past few days have greatly affected the exchange value of bitcoin. Do you believe this is the demise of bitcoin or like phoenix it will rise from the ashes.

[1715290006]

1715290006

[aplistir]

What ashes?
We are still a lot higher than 2 months ago.

Maybe there was a small bubble, and soon things are back to normal.

[pagoto]

hahahahahaha Crazy!

[radeone]

remember there are the most eyes on btc now that people understand that its a better monetary system and is bringing blockchain fintech to the forefront. with a chinese exchange that probably handles chinese mining revenue closing down it only means that mining will be distributed possibly through decentralized exchanges as regulation cannot stop btc from being btc. buy low sell high. markets always reward the lazy trader.

[MisterKT]

All the cryptocurrencies plunged because of Chinese regulations, and as we saw for the past couple of days, the trend will come back to normal.
Let's see what happens tomorrow for the final say of the Chinese government

[aoluain]

really? come on,
you are asking if this is the end of Bitcoin? do you really think its going to dissapear? think about it now . . .
All the people who have been in this for 2, 3 and more years are suddenly quaking in their boots fearing
they are going to loose all the investment.

The only ones quaking in their boots are the ones who bought last week and are
fearing Bitcoin will never rise again.

Cant wait until this time next week when all this panic will be a distant memory, there will be winners and loosers  

[mangodream]

I'm sure that Bitcoin will raise again after the storm.
But there already are tons of threads like this in this board. Why create a new one?

By the way, your question is : "Will Bitcoin Rebound or die?". It's not a question to which we reply by "yes" or "no"... 

[mangodream]

really? come on,
you are asking if this is the end of Bitcoin? do you really think its going to dissapear? think about it now . . .
All the people who have been in this for 2, 3 and more years are suddenly quaking in their boots fearing
they are going to loose all the investment.

The only ones quaking in their boots are the ones who bought last week and are
fearing Bitcoin will never rise again.

Cant wait until this time next week when all this panic will be a distant memory, there will be winners and loosers  

I think "next week" is a bit early to see bitcoin (and altcoin) rise again. For me, the current turbulence will last at least one month or two. But like you, I don't expect the end of the crypocurrencies.

[harizen]

The events of the past few days have greatly affected the exchange value of bitcoin. Do you believe this is the demise of bitcoin or like phoenix it will rise from the ashes.

By looking at price history, still current bitcoin price is considered high. We are just used to see that bitcoin price always goes upwards that's why when a price decrease happened for about $1,000, some people will considered it as downfall without realizing how far it was goes upwards.

Just sit back and relax and continue on what you are doing to accumulate bitcoin. Soon we can expect that price increase will happened again.

[ebliever]

"Will Bitcoin rebound or die?"

As opposed to it becoming perfectly stable and doing nothing? 

Might want to reword the question and try again.

[Tszunami98]

Did anyone called me?
In these case i must assure you it will rebound and will be back to 4.5, 5 k until the end of the year...if not more. Remember that China is not the only country in the world that uses bitcoin...

[lordzc]

Will be reborn like a Phoenix from the ashes . Of course, that's just what I hope .

[bitbollo]

The events of the past few days have greatly affected the exchange value of bitcoin. Do you believe this is the demise of bitcoin or like phoenix it will rise from the ashes.

LOL I am laughing on people that believe bitcoin is going to dead
If anyone could interpretate a graph it's pretty clear, that some people could de-invest some funds on btc, even for a bad news.
But I have see btc for some years "stable" around 500-1000 $ ... nowadays (right now) bitstamp 3400 $
From May to Sep. there was this big pump, so where are the "ashes" ? I see only a strong currency with a impressive volatility.
Thats it.

[pagoto]

The events of the past few days have greatly affected the exchange value of bitcoin. Do you believe this is the demise of bitcoin or like phoenix it will rise from the ashes.

By looking at price history, still current bitcoin price is considered high. We are just used to see that bitcoin price always goes upwards that's why when a price decrease happened for about $1,000, some people will considered it as downfall without realizing how far it was goes upwards.

Just sit back and relax and continue on what you are doing to accumulate bitcoin. Soon we can expect that price increase will happened again.

Here in Brazil, we call this "correction" oscillation movement, bitcoin will soon return to normal.
this is all just FUD in the market. all because of xingling(china)

[peschi]

The events of the past few days have greatly affected the exchange value of bitcoin. Do you believe this is the demise of bitcoin or like phoenix it will rise from the ashes.

By looking at price history, still current bitcoin price is considered high. We are just used to see that bitcoin price always goes upwards that's why when a price decrease happened for about $1,000, some people will considered it as downfall without realizing how far it was goes upwards.

Just sit back and relax and continue on what you are doing to accumulate bitcoin. Soon we can expect that price increase will happened again.

Here in Brazil, we call this "correction" oscillation movement, bitcoin will soon return to normal.
this is all just FUD in the market. all because of xingling(china)

Fully agree! This is not the first FUD which lets the prices drop. Just look at the bitcoin chart and you will see a lot of price drops which are related to global news. We should be thankful that the price of bitcoin drops from time to time and creates some new resistances for the price.

[soy]

Nice to see that nobody voted "no" ... Impossible for me that the bitcoin eventually disappear. The present phenomena are purely speculation and fear. There is nothing really concrete behind all this ... The ban of the Chinese ICOs has little importance in the end ... But the project behind the bitcoin remains an extraordinary project and solid and it is not some Chinese whales who manipulate the courses that will cause this new technology to collapse. Do not worry, the bitcoin is not dead!

[maeusi]

Now, as big players in China stop working with bitcoin and emmigrate, it is a good time  to buy Bitcoin, before it will continue its upturn.
BTW: You should maybe adjust your voting.
Your question could give you answers, you maybe don't expect, do you?
"Will Bitcoin Rebound or die?"
"Yes", it will rebound or die.
"No", it will stay as it is or continue going down, but not die.
"Maybe" it will rebound or die or stay or continue going down but not die.
"I don't no", which answer to click.

Edit: I see, you modified your poll. Good. And I also like the result

[Al Amin]

I can only laugh haha. Because not only china is the only one that uses bitcoin there is another country. We just enjoy what is going on and I believe bitcoin will not die for next there may be a new breakthrough of bitcoin, so we just wait. And always think positive is the best

[DevelopmentBank]

This is a bitcoin forum, definitely most of the answers to your question will be a resounding YES (it will rebound).
What were you expecting..?

[aryaadikariyansyahsuwarto]

I'm not sure, in my opinion this will affect the value of bitcoin rate higher. Do not be easily affected by things like that. You may be inedible, so you can infer something that is not classy.

[Carmen01]

The events of the past few days have greatly affected the exchange value of bitcoin. Do you believe this is the demise of bitcoin or like phoenix it will rise from the ashes.

what a word phoenix,i think yes phoenix because i think this is going up now little by little so its little phoenix because its little but after a few days or week i think this is going high again and i dont feel this drop down because i dont have invest in trading now,i join in campaign to earn and in faucet so no regret in price down

[SleepMachine]

what you say maybe true. If china ban bitcoin and exchange. we will must try to live without china trader. everything will hard to recover

[Indrawan77]

Of course it will rebound just because one country banning bitcoin, it wont make bitcoin dead there are still so many country that accepting bitcoin and the user are scattered all over the world, but just prepare to see the price, it will be a devastating number

[Laergan]

Although its a possibility that it continues to dive, the price it will reach when it starts to soar back up to another all time high will be another astronomical number that will make new pump headlines. This is just a dump, and its all part of life. The cyclical cycles that everyone here should be familiar with. Buy low, sell high or never sell at all.

[the rise]

I predict bitcoin will rebound, although prices continue to fall within a few months, but many traders will eventually move with market options other than China. Although china has 20% bitcoin users globally, it will not damage the bitcoin in its entirety, and they are sure to look for other alternatives in various ways. a tsunami storm will occur and make the price rise sharply more than $5000 by the end of this year.

[Zimbabwecoin]

I am hoping for more of a fall for a buying opportunity

[Jembut Ireng]

many exams experienced bitcoin this year, previously there is a segwit issue that makes the price had dropped up to 40% within 3 days, now the bina government banned bitcoin and this is the biggest tsunami experienced by bitcoin because china is the biggest bitcoin user.

[williamevanl]

Where is the 'stupidest poll' ever option?

[pagoto]

many exams experienced bitcoin this year, previously there is a segwit issue that makes the price had dropped up to 40% within 3 days, now the bina government banned bitcoin and this is the biggest tsunami experienced by bitcoin because china is the biggest bitcoin user.

China is also a major mining

[Mr. Legendaris]

I'm still waiting, to what point the price of bitcoin, I will soon buy as much as possible because the price immediately skyrocketed and never stopped again.

[pendekar cinta]

I never thought like that maybe everything is just a test given to us to stay patient in facing it. so as not to discourage you in collecting coins at any time.

[rommelzkie]

Yes

Bitcoin will rebound at around 3000 USD price

If not

IT will crash up to 1800 USD price

When that happens  i will make a loan to purchase more BTC 

[Fireblade]

Of course it will rebound just because one country banning bitcoin, it wont make bitcoin dead there are still so many country that accepting bitcoin and the user are scattered all over the world, but just prepare to see the price, it will be a devastating number

i am also sure about that, it will not effect the price of bitcoin so much. i am sure that bitcoin price will start raising again, and hope that it will be a temporary bane and after some time when all the other countries will accept bitcoin as legal currency then they will also review their decision and hope that they will also turn bitcoin as legal, i am sure that bitcoin price will re-bounce again very soon.

[dragonusa9]

its not like bitcoin price gonna rise from ashes sir, the price dont drop really far than the earlier of 2017. its just some fire extinguished a little.
there are a lot of possibilites that bitcoin price gonna comeback to $4.000 or more. just wait and see.

[sikkan]

So.. just because we have a correction and china people are thinking that BTC is going to die? Come on.. did BTC die when it went from 1200 to 300 usd in a short period? Nope..and it will not die this time either. Stop being so worried.. just let it settle and see it rise once again..

[crustycrab666]

I'm sure the price will come back again.
will not die so soon. hopefully come back soon.

[denny27]

Yes, i think it will.. bitcoin will increasing again after the events / news that currently affects the weakness of bitcoin price. Precisely next month, we see many say that in October bitcoin prices will soaring again. If anyone says bitcoin is dead, it's a big mistake i guess.. bitcoin will keep on living and continues to be able giving good hope to everyone those who can helping personal finances. Just waiting and hoping, we must sure knowed bitcoin is not weak.

[aplistir]

Of course it will rebound just because one country banning bitcoin, it wont make bitcoin dead there are still so many country that accepting bitcoin and the user are scattered all over the world, but just prepare to see the price, it will be a devastating number

China did not ban bitcoin!

[Adbitco]

I'm sure that Bitcoin will raise again after the storm.
But there already are tons of threads like this in this board. Why create a new one?

By the way, your question is : "Will Bitcoin Rebound or die?". It's not a question to which we reply by "yes" or "no"... 

Yes I agree when bitcoin despite having reached such low still have strong believers like us it can't die and believe me it won't all the regulations, ban licencesing notwithstanding. It may take a few weeks or even months but bitcoin will rise again.

[joseafonso123az]

The events of the past few days have greatly affected the exchange value of bitcoin. Do you believe this is the demise of bitcoin or like phoenix it will rise from the ashes.

It can easily go below the value it's now that is almost $3000. But I believe it will bounce back once it settles with all the China restrictions. As there it's still some uncertainity of what will happen after the exchanges get banned in China, the price will keep fluctuating, and also, the volatile nature of the BTC, help in this fluctuation.

[ramsdaj28]

The events of the past few days have greatly affected the exchange value of bitcoin. Do you believe this is the demise of bitcoin or like phoenix it will rise from the ashes.

There's no such thing as DEATH in bitcoin. I mean, how many times did it go through this kind of situation? If you're being observant, you won't have anything to worry about the crazy drop of bitcoin price these past few hours. I believe that bitcoin will rise up like a phoenix in next few days or weeks. Don't panic. Stay calm. Hold on your bitcoins.

[perla]

some people already see bitcoin in $200 so why need to worry when it goes down and still more than $2000 ? just be calm and we will see price back again. if not reach $200 nothing to worried

[DoublerHunter]

Bitcoin will bounce back in the future and this is just the part of the china drama and i know that most of the bitcoin user are used to this kind of drama and they know what to do and that is to just hold their bitcoins and keep it for long term and if they have some extra money then it is the right time for them to buy bitcoin for a cheaper and to get more bitcoin for long term.

[yugyug]

I see many death threats of bitcoin, and an accuse of attempted murder from Mr. Buffet, Mr. Dimon, Chinese Governments, Russia and other financial &  IT experts except from Mr. Gates and Mr. McAffee. They attempt to kill it when their market caps on some of big financial tech companies like Paypal threatened by bitcoin as it surprus their 70 billion mark. That's why they try to correct the market because a 5k mark is too high this year. Maybe in this 1st to 2nd Q of 2018 it will bounce back.

[Mandoy]

The events of the past few days have greatly affected the exchange value of bitcoin. Do you believe this is the demise of bitcoin or like phoenix it will rise from the ashes.

The events causing the price of bitcoin to go down tremendously was not really due to fake news or fake criticisms but the main reason that triggered the fall were the big players and whales. The big whales stir the market while riding on the issues on Chinas ban on exchanges , many have been fooled by this events and contributed to the fall of btc. But bitcoin will not go down as others think it will go back up as soon as possible.

[rcoins0720]

as my monitoring in prices of bitcoins in past few days it currently crashes
.
there is a news that the happening was currently at china

which is the one who is the bigest BTC "producer like " country or whatever

dont panic because weeks later it will rise again and the value will get much bigger I GUESS and HOPEFULLY

[kafiddrhman]

The events of the past few days have greatly affected the exchange value of bitcoin. Do you believe this is the demise of bitcoin or like phoenix it will rise from the ashes.

The events causing the price of bitcoin to go down tremendously was not really due to fake news or fake criticisms but the main reason that triggered the fall were the big players and whales. The big whales stir the market while riding on the issues on Chinas ban on exchanges , many have been fooled by this events and contributed to the fall of btc. But bitcoin will not go down as others think it will go back up as soon as possible.

I also have the same belief that bitcoin will improve after a few days of significant price reductions, and I'm sure after this there will be bitcoin price spike and i still have a positive belief to always hold the bitcoin i have today.

[Lauren Smith]

Nonesense topics yay !!

Did you think before making this topic ?

Will Bitcoin rebound or die ?

Your chooses are yes or no. Clearly tour English skills are very lacking.

How the hell can you say yes I think Bitcoin will rebound or die.
No Bitcoin will rebound or die.

Niether makes sense please try again.

[valucash]

Nonesense topics yay !!

Did you think before making this topic ?

Will Bitcoin rebound or die ?

Your chooses are yes or no. Clearly tour English skills are very lacking.

How the hell can you say yes I think Bitcoin will rebound or die.
No Bitcoin will rebound or die.

Niether makes sense please try again.

The topic is not a nonsense topic but the options may be faulty.
Hmm... You need some lectures. What i have done is pure semantics. Here ...
Rebound: definition a :to spring back on or as if on collision or impact with another body
b :to recover from setback or frustration
Source: https://www.merriam-webster.com/dictionary/rebound

You may say that the options needs to be re-arranged i.e. 1. Yes bitcoin will rebound 2. No it will die 3. I don't know etc
but i am more interested in the discussion of the people in this forum on the subject, which has been quite insightful. anyway i have since edited the option. thanks

[jseverson]

Ashes? I wouldn't call rebounding from $3k rising from the ashes lol. Either way, you can't really blame large holders for panic selling because China is such a huge market. I have zero doubts it will rebound because the sharp drop is sure to attract some investors.

[lkjhg]

the decrease of bitcoin is a step to take the square back to increase the price of much higher bitcoin again, the feeling of panic we tested when bitcoin decreased

[bitcub]

So happy to see bitcoin started to rise from $3000 to $3600 today. Thats amazing. I'm sure that many Chinese people are rebuying again their loss bitcoins lols. Salute to those who choose to HODL!

[N@p$t3r]

Did anyone called me?
In these case i must assure you it will rebound and will be back to 4.5, 5 k until the end of the year...if not more. Remember that China is not the only country in the world that uses bitcoin...

At last! somebody who uses his brain appropriately. Fvck all newbies in august!

[Btcvilla]

I think you are too wondering. this is not like that. although the rumors are so strong. but bitcoin remains the most popular coin though now everyone is scared.
but once bitcoin goes back everyone will definitely re-invest.

[VeeraS]

The events of the past few days have greatly affected the exchange value of bitcoin. Do you believe this is the demise of bitcoin or like phoenix it will rise from the ashes.

not like you say. a few hours ago, bitcoin values ​​started to rise again. this proves that bitcoin is worth calculating.

even though the rumors hit him vigorously and violently. but bitcoin still survive.

[Potato Chips]

if you guys are panicking that much maybe you're not suited for this. people on this community are saying the same things and that is they always come up with

exaggerated statements/speculations. eg. when the price rises a speculation cointaning bitcoins price will reach a very high amount in a short period of time and now

this when the price crashed hard. its understandable for newbies to panic but why are the others who's been here for a long time involved? i mean haven't you watching

the market?

[rainbow169]

bitcoin may have more bumpy road ahead but as long as there is need for decentralised currency exchange, bitcoin will never die. The price will however go up and down massively.

[Coffee135]

At such moments, I calm down and do not look to courses of crypto currencies. Why do it? I won't sell my coins cheap. If I need money I'll sell a few bitcoins at a price of $ 5,000. The rest of the coins will go. I am sure that $ 5,000 is too little.

[warr1979]

The events of the past few days have greatly affected the exchange value of bitcoin. Do you believe this is the demise of bitcoin or like phoenix it will rise from the ashes.

The events causing the price of bitcoin to go down tremendously was not really due to fake news or fake criticisms but the main reason that triggered the fall were the big players and whales. The big whales stir the market while riding on the issues on Chinas ban on exchanges , many have been fooled by this events and contributed to the fall of btc. But bitcoin will not go down as others think it will go back up as soon as possible.

That is right, the price of Bitcoin has recovered to $3,600 after crashes down to $2,9xx very fast.
It look like as event the price of Bitcoin crashed from $2,500 to $1,800 in few hours before breakout $3,000 and $4,000.
Therefore, I predict the price of Bitcoin will reach to $5,000 again and create new AHT for make us surprise more.

[balakang00]

Are you asking about the end bitcoin? Well, because it won’t happen. Yes, it is inconsistent but bitcoin holds the highest potential among all the cryptocurrency at the present time. It will change over time but it will surely won’t die because it is becoming popular and widely accepted by people.

[bsblguy12]

Yes it will rebound and then it will double, triple, quadruple, until we are on the moon

[Kemarit]

I think by now we already have seen the price. It jumped $1000 already so all questions about bitcoin recovery has been answered. The bloodbath has somewhat need to stop, and it happened in less than 24 hours. Its been a nervous week for all of us here, but those who panic lose but those we remain calm remains the victor here. The perfect buying point is already gone and I hope that most of members here have bought when the price dive at $2800-$2900. The tsunami has already gaining strong every minute so expect the ripple coming our way. Just stay cool and we are all gonna be good at the end. Bitcoin coming to $5000 again.

[Haesoo]

So happy to see bitcoin started to rise from $3000 to $3600 today. Thats amazing. I'm sure that many Chinese people are rebuying again their loss bitcoins lols. Salute to those who choose to HODL!

When it falls it will surely goes up so nothing to worry about this.
And for those who easily swayed by recent fuds had lose profit and fore sure they'll buy back again. Oh it's not too late after all, bitcoin hasn't touch $4000 so it's a good buy though.
Moreover, bitcoin will never die with just like that and in past 8 years it survive and establish itself. Long live the bitcoin!

[pagoto]

FUD, FUD, FUD!

keep calm.

[FasTroy]

I voted, YES it will rebound , because peoples don't let bitcoin die easily like that also, there is a lot of them believe in this cryptocurrency too much like me. So i do everything for this coin to be rebounded. By the ways, Today we see that bitcoin start to increase again and now the price is around 3700$ which it's good like a start of return to the last peak. I hope it will increase quickly in the further next days.    

[Pablo778]

Yes it will rebound and then it will double, triple, quadruple, until we are on the moon

between it wont take us to the moon but i agree it will rise for about 5 to 8 years.

[edynolan]

it's just a trick from them when doing a dump, because most new members in trading all still do not understand the current and panic when prices are getting down. the price will return to normal again a few months ahead

[Kaller]

The Bitcoin Tsunami will ba after November when the price rises bigtime and then it will crash after the nex year and lots of people will be devastated.

[hua_hui]

This is not the first time bitcoin has experienced this and this is not the worst hit ever done to bitcoin. In 2013, bitcoin was once being ban from china and it drop from 1.2k to 100usd. That is more than 90% drop in value. Also do take note that in july, bitcoin was as low as 1.8k usd. When china players are pulling back, bitcoin now is still having huge support at 3k which is already seen as a healthier growth from 1.8k usd.

[StockBet.com]

If this is a bubble, this is the 4th bubble for Bitcoin.

[yojodojo21]

do bitcoin users know what price does bitcoin starts?
It was not as big as it is right now.
There are many changes when we are going to tackle about the Price.
Bitcoin will not Die, why,? Because This is done Through Internet and Internet will not be easily Shutdown.
I might believe That bitcoin will die if the earth stop connecting through Internet.

[bitgolden]

So.. just because we have a correction and china people are thinking that BTC is going to die? Come on.. did BTC die when it went from 1200 to 300 usd in a short period? Nope..and it will not die this time either. Stop being so worried.. just let it settle and see it rise once again..

Exactly! Microsoft keeps on making corrections in its technology and it has rivals too, but does that means that it products are useless or the company has burned into ashes? Absolutely not, it is one big giant. Same goes for bitcoins, if it is changing or China hates Bitcoins, this is not going to kill bitcoins.

[robotrobert]

So happy to see bitcoin started to rise from $3000 to $3600 today. Thats amazing. I'm sure that many Chinese people are rebuying again their loss bitcoins lols. Salute to those who choose to HODL!

It is bitcoin era if prices will go down in a day they will rise more than they fall so don’t need to be panic now the holders are happy and they are dreaming it to reach up to 6000USD and then the whole world will see the bitcoin which are also called as unstoppable profiting coins will rule this world as the global currency and that day will be the bitcoin revolution day.

[Xervo]

Of course it will grow, more and more than it was. The growth and fall of bitcoin is absolutely normal, and everyone who follows his schedule knows this. And if you do not, I highly recommend that you will be much calmer. Once I was also worried about these jumps, but now I just watch.