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.

[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.