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Author Topic: Here is a summary of what happened to Bitcoin this September.  (Read 1304 times)
zeze18
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October 01, 2017, 03:29:23 PM
 #21

yes although China's decline has had a big impact on bitcoin development, but not for now despite China's ban on bitcoin activity on its citizens, but bitcoin still exists and today bitcoin has risen steadily after prices declined for the last few weeks .
Jstwrt85
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October 01, 2017, 04:44:04 PM
 #22


Also just happened in the last few days in the mtgox creditors meeting which everyone waited 6 months for. The results = money has still not been paid out and we now have to wait until march 2018 for another meeting. Mark K have been active on reddit about the case but has now told everyone he will no longer contribute.
Haha really? I didn't know about that. So in short Mark's stance is like: I'm responsible for the loss of your money, but I'm done with working on getting them back. I have my cat to take care of and some prostitutes to visit, you're on your own! Cheesy What a jerk.

Yeah, his excuse is hes getting death threats again which he might be but hes using it as an excuse. In some strange way in his head i think he thinks he is helping everyone but he still withholds information and puts blame eslewhere but him when its clear he was wrong on many occasions.
This is u beleviable people have no respect for each other anymore!
iram1011
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October 01, 2017, 04:50:25 PM
Last edit: October 02, 2017, 09:02:42 AM by iram1011
 #23

Bitcoin is still in building phase. Bitcoin being global currency still can be affected by news from one country or one person. User base isn't that big. But still the market has improved a lot from before. Market recovered in a month from all that dip. That is indeed a good sign.

In all these series of events, people who were at loss were panic sellers. Most of the hodlers took that all price drop to be as an opportunity to buy and hodl more Bitcoins.
dart vader
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October 02, 2017, 07:06:15 PM
 #24

The first two weeks of september faces a huge drop in the price of Bitcoin. The reason behind this drop was the Chinese government regualtion and J.P. Morgans's CEO Jamie Dimon's statement.But the last two week of september has seen some improvement in its price and now price is increasing even at a faster rate. Market has recovered and the holders who took this price drop as an opportunity to buy some more Bitcoins are now enjoying  there profits.
xredfoundation
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October 03, 2017, 02:54:28 AM
 #25

The first two weeks of september faces a huge drop in the price of Bitcoin. The reason behind this drop was the Chinese government regualtion and J.P. Morgans's CEO Jamie Dimon's statement.But the last two week of september has seen some improvement in its price and now price is increasing even at a faster rate. Market has recovered and the holders who took this price drop as an opportunity to buy some more Bitcoins are now enjoying  there profits.

If you are interested, read this post about JP Morgan Chase's purchase of cryptocurrency in Europe. Fourth largest:
https://bitcointalk.org/index.php?topic=2163591.msg22416718#msg22416718

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GoodOne
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October 03, 2017, 03:58:18 AM
 #26

The first two weeks of september faces a huge drop in the price of Bitcoin. The reason behind this drop was the Chinese government regualtion and J.P. Morgans's CEO Jamie Dimon's statement.But the last two week of september has seen some improvement in its price and now price is increasing even at a faster rate. Market has recovered and the holders who took this price drop as an opportunity to buy some more Bitcoins are now enjoying  there profits.

If you are interested, read this post about JP Morgan Chase's purchase of cryptocurrency in Europe. Fourth largest:
https://bitcointalk.org/index.php?topic=2163591.msg22416718#msg22416718
Dimon used JP authority as simple speculation instrument for more profits
savushkinTA
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October 03, 2017, 12:49:25 PM
 #27

A number of reasons have pushed bitcoin to record highs, such as legalization of the currency in Japan for payments, boosted interest from Korea, as well as the conclusion of a debate about the future of the cryptocurrency.

Fifty-six companies around the world and 83 percent of bitcoin miners supported the "Bitcoin Scaling Agreement," according to the Digital Currency Group. The document lays out an upgrade that should increase bitcoin's transaction capacity.

Because of these factors, Aurelien Menant, CEO of Gatecoin, a regulated crytocurrency exchange, said bitcoin could hit $6,000
Kingofbitcoin12345
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October 04, 2017, 01:30:37 AM
 #28

I don't care what will happen this september, because i am always optimistic that bitcoin will soar.
September will pass, bitcoin has recovered by showing a positive value.
I have no predictions, because i am just following the reality of what is happening now and in the future.

Good attitude to have. HODL and you should be rewarded!

This is the most interesting answer and straight to the point.. It was so valid I’m questioning myself not having that kind of mentality towards bitcoin,, I always been attempted to sell my bitcoin if I’ve earned one for my everyday needs.. But hoping someday I could do that in time for me to profit in the future..

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nazzzzz
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October 05, 2017, 08:53:08 AM
 #29

till now i think all news about china and ban was fake to make price down and then buy more

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