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Author Topic: What will monday bring to us?  (Read 1821 times)
urp0k1911 (OP)
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September 16, 2017, 01:55:25 PM
 #1

Hey! Last week was crazy on bad news. Even more than the week before that. Every single day cryptoworld was literally attacked from all sides - China stopping ICOs, CNY trading and closing exchanges. JP Morgan CEO, Charlie Lee and Jihan Wu adding the fuel to the fire. Even Namibia banned crypto. Do you think it is over or is it only short break before monday?
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September 16, 2017, 02:05:51 PM
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I sure do hope it is done and over with, the dramas had been succeeding and I would love to see some greens in the trading sites. But I'm sure if bitcoin could speak, it would say bring it on to every news thrown at this coin. Still hoping though that these bad news would end but we really can't tell for sure though, news will always be there specially that bitcoin is still standing.
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September 16, 2017, 02:06:07 PM
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Hey! Last week was crazy on bad news. Even more than the week before that. Every single day cryptoworld was literally attacked from all sides - China stopping ICOs, CNY trading and closing exchanges. JP Morgan CEO, Charlie Lee and Jihan Wu adding the fuel to the fire. Even Namibia banned crypto. Do you think it is over or is it only short break before monday?

Monday will hopefully bring beginning of the new bull run Cheesy We deserved it after all this chaos
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September 16, 2017, 02:12:09 PM
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I sure do hope it is done and over with, the dramas had been succeeding and I would love to see some greens in the trading sites. But I'm sure if bitcoin could speak, it would say bring it on to every news thrown at this coin. Still hoping though that these bad news would end but we really can't tell for sure though, news will always be there specially that bitcoin is still standing.
I do hope so too, but it is better to be ready and prepared. Do you think the amount of FUD and bad news was so big, that people will stop paying attention to it?
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September 16, 2017, 02:49:08 PM
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Hey! Last week was crazy on bad news. Even more than the week before that. Every single day cryptoworld was literally attacked from all sides - China stopping ICOs, CNY trading and closing exchanges. JP Morgan CEO, Charlie Lee and Jihan Wu adding the fuel to the fire. Even Namibia banned crypto. Do you think it is over or is it only short break before monday?
The china will try to issued the same token as the USDT token which already mentioned to be the digital form of the CNY itself, because the chinese already tried to hire the proffesional blockchain development.
But the crypto must get another good news to increase the demand to make the bullish trend again.

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urp0k1911 (OP)
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September 16, 2017, 03:18:01 PM
 #6

Hey! Last week was crazy on bad news. Even more than the week before that. Every single day cryptoworld was literally attacked from all sides - China stopping ICOs, CNY trading and closing exchanges. JP Morgan CEO, Charlie Lee and Jihan Wu adding the fuel to the fire. Even Namibia banned crypto. Do you think it is over or is it only short break before monday?
The china will try to issued the same token as the USDT token which already mentioned to be the digital form of the CNY itself
That will be the greatest ICO ever! Too bad with high probability only Chinese citizens will be able to get in.
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September 16, 2017, 05:19:07 PM
Last edit: October 15, 2017, 05:40:59 PM by virasog
 #7

Hey! Last week was crazy on bad news. Even more than the week before that. Every single day cryptoworld was literally attacked from all sides - China stopping ICOs, CNY trading and closing exchanges. JP Morgan CEO, Charlie Lee and Jihan Wu adding the fuel to the fire. Even Namibia banned crypto. Do you think it is over or is it only short break before monday?
I don't think monday is going to be picked vital, a lot of people say that the Forex markets and the cryptocurrency markets aren't affected by this .

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September 16, 2017, 05:42:35 PM
 #8

there will be no speculation about china and chinese people. it is better we will walk our way.
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September 16, 2017, 05:46:30 PM
 #9

What will monday bring to us?

Probably a new capital. I expect bitcoin to go back to 4k$

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September 16, 2017, 07:34:25 PM
 #10

I expect BTC to go on steroids (4300-4400$)
I expect Ethereum to climb to $310

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September 16, 2017, 09:04:30 PM
 #11

Hey! Last week was crazy on bad news. Even more than the week before that. Every single day cryptoworld was literally attacked from all sides - China stopping ICOs, CNY trading and closing exchanges. JP Morgan CEO, Charlie Lee and Jihan Wu adding the fuel to the fire. Even Namibia banned crypto. Do you think it is over or is it only short break before monday?
The china will try to issued the same token as the USDT token which already mentioned to be the digital form of the CNY itself
That will be the greatest ICO ever! Too bad with high probability only Chinese citizens will be able to get in.

It would literally be just a way of tracking the movement of CNY in the markets. Created to control deposits and withdrawals of CNY. In China it will probably go something like this. Go to the bank give CNY to receive CNYT, use CNYT to purchase cryptos, then when your ready to cash out you transfer to CNYT, go to bank withdraw CNYT pay taxes, etc. then receive CNY in the end. Nothing else. Just a method of tracking CNY.
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September 16, 2017, 09:19:42 PM
 #12

I expect BTC to go on steroids (4300-4400$)
I expect Ethereum to climb to $310


I certainly hope so. It looks like I've entered in the ETH investment at the worst possible moment.
Damit! I always do the same mistakes and buy emotionally! Smiley

I hope Monday will bring some relief to everyone.
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September 17, 2017, 01:56:47 AM
 #13

Hey! Last week was crazy on bad news. Even more than the week before that. Every single day cryptoworld was literally attacked from all sides - China stopping ICOs, CNY trading and closing exchanges. JP Morgan CEO, Charlie Lee and Jihan Wu adding the fuel to the fire. Even Namibia banned crypto. Do you think it is over or is it only short break before monday?

do not panic, I think this situation is only temporary. I'm sure the embers of them will burn the rocket axis and the rocket will soon slide towards the moon, leaving them anti-crypto.
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September 17, 2017, 03:13:34 AM
 #14

Hey! Last week was crazy on bad news. Even more than the week before that. Every single day cryptoworld was literally attacked from all sides - China stopping ICOs, CNY trading and closing exchanges. JP Morgan CEO, Charlie Lee and Jihan Wu adding the fuel to the fire. Even Namibia banned crypto. Do you think it is over or is it only short break before monday?
no maybe we will have little recover on Monday. Bitcoin price usually fall down at the weekend

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September 17, 2017, 03:21:47 AM
 #15

Hey! Last week was crazy on bad news. Even more than the week before that. Every single day cryptoworld was literally attacked from all sides - China stopping ICOs, CNY trading and closing exchanges. JP Morgan CEO, Charlie Lee and Jihan Wu adding the fuel to the fire. Even Namibia banned crypto. Do you think it is over or is it only short break before monday?

Red (fall) weekend and the start of the green week ( rise) ; I have seen this cycle often. Especially after the storm, Bitcoin and altcoins dump strong. Now is the time to recover. Wait good news!
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September 17, 2017, 04:33:34 AM
 #16

Weekends are mostly profit taking so we are getting some of that. Overall, next week should
be up nicely.
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September 17, 2017, 07:28:31 AM
 #17

Unless you are a trader you shouldn't really bother too much with that question. A lot of what's going on on the market is pure psychology, once you start following other ppl's patterns and mindsets you might find yourself in a difficult spot one day. Make your own observations, stand above them and keep the bigger picture  (the long term) in mind. 
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September 17, 2017, 08:43:52 AM
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Unless you are a trader you shouldn't really bother too much with that question. A lot of what's going on on the market is pure psychology, once you start following other ppl's patterns and mindsets you might find yourself in a difficult spot one day. Make your own observations, stand above them and keep the bigger picture  (the long term) in mind. 

Exactly what I've been saying. Crypto market is a lot more psychological than statistics. In a market where a single tweet or interview can send things bouncing up or crashing down, you need to start understanding the psychology behind it
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September 17, 2017, 08:54:34 AM
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Market already reacted to the bad news. Now its going thru the usual weekend phase. My guess is recovery on monday and beginning of another rally
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September 17, 2017, 09:03:24 AM
 #20

Probably another wave of selling. There is a new rumour going round that China might ban the bitcoin protocol itself, which would halt mining.

Who knows if it is true? The problem the markets have is that earlier rumous about China were dismissed and then turned out to be true, so now they're paying attention to every single rumour going, "just in case".

 
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