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yrtrnc (OP)
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September 22, 2017, 10:26:11 AM |
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BTCC will be no more on September 30th. How do you see this effecting the price?
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edynolan
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September 22, 2017, 10:57:52 AM |
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bitcoin prices dropped to $ 2500 for 30 september.
it is my prediction to see the latest news from people about the author in china.
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CodyAlfaridzi
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September 22, 2017, 11:01:26 AM |
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No major event will happen to the price I think, it is already priced in. The recent dump to sub $3K was caused by that news, right? I expect it'll slowly crawling back to $4K range by the end of the month.
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Kronos21
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September 22, 2017, 11:30:02 AM |
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I do not expect significant changes in price. A lot of people take seriously the possibility of the influence of prohibitions China the price of bitcoin. This is stupid. There will be no Chinese will be others. Who would refuse the chance to earn. All countries have problems with the economy. Let the Chinese worry as they don't lose their income. I'm just glad that China will lose its leadership position in the cryptocurrency market.
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ihsanskanzaone
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September 22, 2017, 11:38:24 AM |
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my forecast for September 30th there is the possibility of bitcoin did not increase
rapidly because it can be sure the influence of China forbid bitcoin still affect the market price of bitcoin
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Kemarit
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September 22, 2017, 11:53:45 AM |
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The China effect is still there if you are going to ask me. Its the beginning of the closure of their local exchanges so we have to expect the worst scenario that bitcoin would suffer once more. If you would take a look at the price is slowly going down because I speculate that they have started their dumping a week before the closure. So we better monitor the price and not panic, on the contrary, should buy more if the price should go down below $3000. I have missed it last week when the price goes to $2900 but I will be ready if things goes awry again. Of course, hodl on our coins and not sell it.
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omonuyak
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September 22, 2017, 11:57:09 AM |
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I think 30th of September has already be computed into the price action through out last week. If you study the action of bitcoin price you will notice that the bullish momentum has been triger and the end of bearish market we have experienced throughout two weeks ago and part of last week. I am speculating that bitcoin will go as higher as $4600 by 30th of September 2017. Chinese traders selling has drastically reduced and it means most of them has sold of all or almost all their coins.
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amacar2
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September 22, 2017, 12:27:44 PM |
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There is still huge support for bitcoin at near $3000 and if this support can't remain there after closure of BTCC by end of September, than price might head to $2400-$2500. I don't think price can go below $2.5k anytime soon and news regarding closure of chinese trading platform have already shown huge effect when price was above $4k.
Today's dump was from chinese whales which might continue for next few days.
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lumeire
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September 22, 2017, 12:30:02 PM |
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There is still huge support for bitcoin at near $3000 and if this support can't remain there after closure of BTCC by end of September, than price might head to $2400-$2500. I don't think price can go below $2.5k anytime soon and news regarding closure of chinese trading platform have already shown huge effect when price was above $4k.
Today's dump was from chinese whales which might continue for next few days.
~$3000ish. Chinese players cashing out wouldn't be felt all of a sudden. So I suppose a steady fall in value would occur in the coming months. |
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iqlimasyadiqa
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September 22, 2017, 01:02:33 PM |
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BTCC will be no more on September 30th. How do you see this effecting the price?
china is already giving decisions related to this september 30th. they will officially close the existing exchange in china. maybe the price may decrease because there will be more panic that makes a lot of people sell bitcoin they have. but the chance to survive was still very strong. look at the moment even though the price had declined but the price again increased again this time. so I'm not worried enough about the incident later, I will keep trying to save the bitcoin I have and maybe I will buy some bitcoin to be an investment in the future. |
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Kingofbitcoin12345
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September 22, 2017, 01:15:00 PM |
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For what happened this past few days I don't see it will affect again this September 30th. We've already have an outlook and most have already made a planned at it.. And I think china declaration is overrated by most greedy investors who just want a cheaper price to buy some bitcoin.. It a strategy that has been done and I hope it won't make any difference after all..
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bozo333
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September 22, 2017, 01:28:22 PM |
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BTCC will be no more on September 30th. How do you see this effecting the price?
china is already giving decisions related to this september 30th. they will officially close the existing exchange in china. maybe the price may decrease because there will be more panic that makes a lot of people sell bitcoin they have. but the chance to survive was still very strong. look at the moment even though the price had declined but the price again increased again this time. so I'm not worried enough about the incident later, I will keep trying to save the bitcoin I have and maybe I will buy some bitcoin to be an investment in the future. China can't do any fuck to bitcoin because they are one of the country utilizing bitcoin till they banned but after that India made bitcoin as legal and earlier before all Japan made bitcoin as legal money to utilize every where. I believe since we getting huge adoption every day bitcoin's price will be 4500$. |
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AtheistAKASaneBrain
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September 22, 2017, 02:57:53 PM |
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BTCC will be no more on September 30th. How do you see this effecting the price?
What is BTCC? are you talking about Bitcoin Cash? Im getting really confused at the people that talk about Bitcoin Cash in numerous different tags for the token. I have heard BCC, which also means BitConnect (same token), I have hear BCH, and I have heard BCS. This shows the lack of coordination and general mess that a hardfork can generate. The price of BCash will keep dumping. Any rises are artificial, there's no demand for it, look at the blocks. |
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carlisle1
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September 22, 2017, 04:14:29 PM |
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BTCC will be no more on September 30th. How do you see this effecting the price?
What is BTCC? are you talking about Bitcoin Cash? Im getting really confused at the people that talk about Bitcoin Cash in numerous different tags for the token. I have heard BCC, which also means BitConnect (same token), I have hear BCH, and I have heard BCS. This shows the lack of coordination and general mess that a hardfork can generate. The price of BCash will keep dumping. Any rises are artificial, there's no demand for it, look at the blocks. no mate its another exchange that will be shutting down according to Chinese rules its a big exchange from china and I guess for OP there's implication from the value of btc as many Chinese are now cashing out their money and we are feeling the fall down of its current value. |
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jtipt
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September 22, 2017, 04:18:56 PM |
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BTCC will be no more on September 30th. How do you see this effecting the price?
Well China FUD and shutting down of exchanges has caused the blow in price already, thus effect is still going on but BTC is currently in recovering phase IMO. Shutting down of BTCC will not cause a major dip in price or anything as they news of it shutting down has already cussed the dump. |
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harizen
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September 22, 2017, 04:29:40 PM |
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BTCC will be no more on September 30th. How do you see this effecting the price?
What is BTCC? are you talking about Bitcoin Cash? Im getting really confused at the people that talk about Bitcoin Cash in numerous different tags for the token. I have heard BCC, which also means BitConnect (same token), I have hear BCH, and I have heard BCS. This shows the lack of coordination and general mess that a hardfork can generate. The price of BCash will keep dumping. Any rises are artificial, there's no demand for it, look at the blocks. BTCC is one of the largest exchange in China, it's not a crypto coin. https://twitter.com/YourBTCC/status/908285586368167936 They will stop all trading on 9/30. Since it's one of the biggest exchanges, we might really see a pulldown of bitcoin price. Recent price dip creates a resistance at above $3,000 and swing to around $3,900 for few days with some changes at about $100 to $200 ups and down. So my guess is around $2,500 at maximum dipping point. |
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player514
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September 22, 2017, 05:15:30 PM |
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BTCC will be no more on September 30th. How do you see this effecting the price?
What is BTCC? are you talking about Bitcoin Cash? Im getting really confused at the people that talk about Bitcoin Cash in numerous different tags for the token. I have heard BCC, which also means BitConnect (same token), I have hear BCH, and I have heard BCS. This shows the lack of coordination and general mess that a hardfork can generate. The price of BCash will keep dumping. Any rises are artificial, there's no demand for it, look at the blocks. BTCC is one of the largest exchange in China, it's not a crypto coin. https://twitter.com/YourBTCC/status/908285586368167936 They will stop all trading on 9/30. Since it's one of the biggest exchanges, we might really see a pulldown of bitcoin price. Recent price dip creates a resistance at above $3,000 and swing to around $3,900 for few days with some changes at about $100 to $200 ups and down. So my guess is around $2,500 at maximum dipping point. I agree with this for the most part, but I'll say the price will be closer to 3000 than 2500. When people see the drop under 3000, I think there will be more buy orders; people want to buy low and ride the wave up. I think this will help combat the overall drop down to 2500. Crazy to see how much Bitcoin dropped in this past month, the volatility is insane. |
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CyberKuro
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September 22, 2017, 05:18:51 PM |
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Bitcoin price stuck at this point, hard to reach over $4000, and China exchanges will stop trading cryptocurrency by the end of this month and last two biggest exchanges will be shut down by the end of October, which mean bitcoin will continue to declining until November due to another hard fork maybe happen. Noothing for sure, but the way seems not so good which may cause bitcoin price drop significantly.
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BTCdoaA
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September 22, 2017, 05:32:15 PM |
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i predict that bitcoin will go over 4500 $ again regardless of Chinese exchanges ban more Chinese move their bitcoin outside to bittrex\poloniex
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jackhdt
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September 22, 2017, 05:48:21 PM |
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i predict that bitcoin will go over 4500 $ again regardless of Chinese exchanges ban more Chinese move their bitcoin outside to bittrex\poloniex
I agree with this. China exchanges will stop trading cryptocurrency. China bans Bitcoin but they cann't manage is people using bitcoin, hold bitcoin so that they ban china exchanges. I believe the Chinese people will move Bitcoin up international exchanges instead of selling USD |
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SONG GEET
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September 22, 2017, 06:07:54 PM |
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i predict that bitcoin will go over 4500 $ again regardless of Chinese exchanges ban more Chinese move their bitcoin outside to bittrex\poloniex
$4500 by end of this month? I don't think it is possible at all, Chinese traders might not hold any significant amount of bitcoin when all of their local trading platform will close their operations. There is still not much buying pressure and people are just anxious to buy more. I think price will be between $3500 tot $4000 by end of this september. |
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el kaka22
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September 22, 2017, 07:01:08 PM |
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i predict that bitcoin will go over 4500 $ again regardless of Chinese exchanges ban more Chinese move their bitcoin outside to bittrex\poloniex
$4500 by end of this month? I don't think it is possible at all, Chinese traders might not hold any significant amount of bitcoin when all of their local trading platform will close their operations. There is still not much buying pressure and people are just anxious to buy more. I think price will be between $3500 tot $4000 by end of this september. In controversy, I guess bitcoiners from China will find out new methods to trade and spend bitcoins even their local exchanges stop their services. Becasuse it had happened with many countries still people from those countries are still adopting bitcoins similar to how they were doing before. So, these dark clouds above the Chinese people will move away fro sure due to alternative way of trading bitcoins for their local currency. Backing to bitcoin prices by end of this month may get struck under $4000 levels but I am still confident that prices will hit $10k levels by end of this year. |
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DrGuns4Hands
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September 22, 2017, 07:26:58 PM |
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i think bitcoin could reach above $4k before this month since panic selling happen and china declared that bitcoin trading will be banned on their country. it has a massive effect from $4900 up to below $3k but bitcoin right now is raising slowly i hope bitcoin could get up again and reach the target for this year which is $7k per bitcoin.
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Siren
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September 22, 2017, 07:37:19 PM |
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OK here's mine. Since one of the largest Chinese exchanges will stop its operation at the end of the month, I think it will put a dent on the prices simply because their user based will start or have been starting to dump their coins up to the end of the month. So a pullback to $3000 is very possible. And soon other exchanges will follow as well so it could be very well around $2500-$2800. I hope I'm wrong, which I'm usually is.
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Qartersa
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September 22, 2017, 07:46:02 PM |
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BTCC will be no more on September 30th. How do you see this effecting the price?
I don't think prices will drastically go down by september 30. I do think there is even a chance the bitcoin prices will pump by that day since whales and other rich people who want to get into bitcoins will likely buy when the prices dip by that time. However, all we can do right now is wait for it and see for ourselves. I would definitely save up some money to buy at that dip. |
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InvoKing
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September 22, 2017, 09:40:43 PM |
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BTCC will be no more on September 30th. How do you see this effecting the price?
I expected to see a drop in the bitcoin price before this date which is actually happening right now but the amount cashed from the Chinese exchanges (the real value) will simply go back to the other exchanges mostly to bitfinex and Bitstamp and drive the price again to + $4000 |
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sasaku bitbit
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September 22, 2017, 11:21:52 PM |
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According to my predictions for september 30 is there will be a keajiban shown by bitcoin that bitcoin will increase on the numbers $4900 and survived until the beginning of October to $5000 I am very sure this will happen again because the other day then bitcoin weakened already helpless so it makes the holder of the bitcoin be glad if see this happen
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Paid Piper
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September 22, 2017, 11:33:30 PM |
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i think bitcoin could reach above $4k before this month since panic selling happen and china declared that bitcoin trading will be banned on their country. it has a massive effect from $4900 up to below $3k but bitcoin right now is raising slowly i hope bitcoin could get up again and reach the target for this year which is $7k per bitcoin.
i also think that there are very little chances that the 30th September will have such a bad effect on bitcoin. i think bitcoin price is already trading in a low price and i do not think that there will be further decrease in the price of bitcoin any more. and hopefully that after 30th September its price will boost and will very soon reach to is previous value from where it was drop. |
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Gaff
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September 22, 2017, 11:35:37 PM |
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i think bitcoin could reach above $4k before this month since panic selling happen and china declared that bitcoin trading will be banned on their country. it has a massive effect from $4900 up to below $3k but bitcoin right now is raising slowly i hope bitcoin could get up again and reach the target for this year which is $7k per bitcoin.
Being a long time earner of bitcoin, I am really positive that the price of bitcoin this end of the month still could not be predicted and due to the fluctuating behavior several past days. In fact I saw the price raising slowly, and many speculative ideas coming out that which mainly diverts and made people sell their holdings. Maybe if there's another whale to invest this last days of the month, that's possible to reach that $7k rapidly. |
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Indrawan77
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September 23, 2017, 12:27:52 AM |
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To be honest I feel a bit uneasy in this end of September, the closing of the exchanger will affected the price but not too much because people already prepare for that situation, the one that I am worry is after the September, I don't know what will the government try to do again
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yrtrnc (OP)
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September 24, 2017, 10:17:03 AM |
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Can we expect another close down by another country?
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severaldetails
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September 24, 2017, 12:11:45 PM |
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Maybe we even see a different effect than we all expected.
At the chinese exchanges the price is lower than in the rest of the world.
People there are selling disproportionately much bitcoins, because it won't be so easy to convert them after 30th September in the local currency.
That is why I assume that after that day the number of selling people is going to decrease, and that means an increase for bitcoin price.
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chineseprancing
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September 24, 2017, 01:13:24 PM |
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To be honest I feel a bit uneasy in this end of September, the closing of the exchanger will affected the price but not too much because people already prepare for that situation, the one that I am worry is after the September, I don't know what will the government try to do again
It's hard to assess the the situation of bitcoin now in every country, because whole crypto currency society were experience of some problems. But I just expecting much good news before end of September. Maybe we need to ready ourselves in any trials that come in digital currency industry. |
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tukagero
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September 24, 2017, 01:33:53 PM |
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Positive thinking as always, bitcoin will be at 4500$ again. Remember last year, this is the same month when bitcoin go up from 600$ to 900$ , and by january this year it passes $1k. So im thinking that the same scenario will happen next year.
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moopser
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September 24, 2017, 01:45:11 PM |
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I wish it to reach 4-4.5k and then drop again. So I could sell and buy back  But it wont gonna happen with my luck. I think it will be slowly recovering back. |
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Wandika
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September 24, 2017, 02:39:30 PM |
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Positive thinking as always, bitcoin will be at 4500$ again. Remember last year, this is the same month when bitcoin go up from 600$ to 900$ , and by january this year it passes $1k. So im thinking that the same scenario will happen next year.
Same here, I'm expecting and hoping that December will be a good one, same as last year. Bitcoin still have lot's yo offer. So under estimates its ability. We will see it on December. |
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1Referee
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September 24, 2017, 02:50:14 PM |
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Can we expect another close down by another country?
Who says that China is closing down its exchanges permanently? It may very well turn out to be a temporary stop till the exchanges there are granted a special license that allows them to keep operating as they normally would, but then with a few extra rules they are subject to. I strongly believe that this may end up becoming reality. If China really wanted to implement regulations that would prevent exchanges from allowing CNY trades to happen, they would have done so years ago already. These special licenses were likely already on the government's to-do list, but it's the recent growth the crypto market has gone through that made them to do this, until they find out how it is the best for them to at least control the situation to a certain extent. |
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aysg76
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September 24, 2017, 04:16:12 PM |
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The price still hanging around 3600$ - 3800$ but I positively feel that it will make up to the mark of 4000$ by the end this September... And can even more as it can surprise you anytime...
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Pab
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September 24, 2017, 04:48:17 PM |
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Side trading between 3600$-4000$ btc is resting and waiting for new impulse,speculation down can be before next btc fork
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Kava
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September 24, 2017, 06:56:07 PM |
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The price still hanging around 3600$ - 3800$ but I positively feel that it will make up to the mark of 4000$ by the end this September... And can even more as it can surprise you anytime...
I have no confidence in this. The price has long been in one place. I think the main reason is the uncertainty with China. This means that until September 30, it will not go up. After September 30, it may again go up |
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Yuuto
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September 25, 2017, 06:07:19 AM |
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BTCC will be no more on September 30th. How do you see this effecting the price?
It'll definitely be negatively influencing the price. Although i think that the price will stabilize at around the current level which is $3500-4000 till the end of the month because people have started to realize that China isn't the biggest actor in the market anymore. Either price stabilizes, or price goes down to $3000 or so and stabilize there. Either way, there shouldn't be too much dumping downwards. |
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btcney
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September 25, 2017, 06:59:20 AM |
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BTCC will be no more on September 30th. How do you see this effecting the price?
It'll definitely be negative on the price. However, i really don't think that it's going to be having a big impact on the price at all. Price has already adjusted accordingly when the news first came out, so it'll not come as a surprise to traders when BTCChina does close down. I'd expect a maximum $200-300 fall from the current level, which means around $3300-3400. |
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timerland
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September 25, 2017, 09:58:05 AM |
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BTCC will be no more on September 30th. How do you see this effecting the price?
It definitely won't be positive news for bitcoin but i also doubt that it's going to bring a big dump at all. In fact i see that it'll probably not going to even affect the bitcoin price much, unless the Chinese government decides to put a ban on all bitcoin transactions all of a sudden ( very unlikely). I think that by end of the month we're still at around $3700. Potentially even higher, as we've seen demand for btc under $4k grow over the past few days. |
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