Bitcoin FUD's and China status?

[thejaytiesto]

We all were waiting to see what would happen in september when segwit2x will be activated and whether hard fork would occur since most of miners had signed the newyork agreement and had decided to support it.But suddenly,china has taken this stand against bitcoin and now the discussion is whether china would ban mining also and what would happen whether segwit 2x would be activated or not.If it does not get activated,then we could definitely expect that bitcoin would soon reach ATH.

Isnt segwit 2x activating in september?

Ok if chinese govt ban mining then does that mean segwit 2x isnt happenning?

If chinese govt does not ban mining then does that segwit 2x more likely to happen?

If we are looking at september as a key moment for bitcoin, it must be related to november, because november is the month for the hardfork, not september. But things sometimes start happening way before the key moment.

Right now I was very bullish on bitcoin after the amazing recovering from the chinese ban, but we still got the hardfork scammers trying to ruin bitcoin so watch out for that. There's some panic selling going on right now, let's hope it's temporary and we will recover.

For all we know segwit2x may never happen as in it becoming anything relevant, but the FUD is under the radar until then. Right now there's bunch of pussies selling so get ready for the red candles.

[1715306454]

1715306454

[1715306454]

1715306454

[1715306454]

1715306454

[Falgorn]

I think there is already a sharp decline in the rate of bitcoin and the rest of the crypto currency due to the fact that in late September, major Chinese exchanges for the trade in crypto currency will stop working, or even after the ban on trading in crypto currency in China, will not. Perhaps there will be a temporary slight drop in the rate. Bitcoin has already shown its vitality and that it can develop without the support of even a country like China. In the future, we will see whether China will be able to control its prohibitions, if they are implemented with respect to the circulation of cryptovata in this country. We will get invaluable experience and see whether the crypto currency has the right to a cloudless existence.

[APICEMTECH]

I think the JP Morgan and China situation was created by the big players so that the prices should fall. It was the perfect buying opportunity for many people and I also bought some bitcoin during the FUD. Bitcoin should be on its way up to make a new all time high now.

[Kemarit]

JP Morgan Jamie Dimon buying tons of bitcoin causing a price pump from the bottomed out dip, will a dump follow this?

What about chinese exchanges closing at the end of september, will this cause the price to dip again or price has been already reflected for this?

So the end of october we will know whether chinese miners will be banned or not from the China government 19th congress? Ok from this if chinese miners get banned then segwit 2x wont happen or vice versa?

Or is bitcoin is free from all this FUD now and will rise steadily and healthily to $5000 ATH?

Jamie Dimon is becoming irrelevant guys. The more he opens his mouth, the quicker he may be forgotten. He is not buying bitcoin by the way, it's JP Morgan or behalf of someone who is behind the picture.

The closing of Chinese exchanges will have impact the market by now, but I didn't see any significant. If it is then, will be just temporarily and we can move forward without mentioning China once more.

The banning of bitcoin farms remains to be seen. Charlie Lee, litecoin developer tweets and he said that "China Bitcoin Mining Ban Rumors are False". Again, we need the Chinese government to confirm it.

LOL. We are not free from FUD's. In this forum, there are paid members who's job is to spread FUD. So prepare yourself for another waves of FUD coming in specially when we get closer to the scheduled Chinese Exchanges shutting down date.