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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. |
This area is up for grabs! PM me if you're interested.
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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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