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Question: Will BTC become a PUMP after 30/9?Huh
yes - 15 (75%)
no - 5 (25%)
Total Voters: 20

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Author Topic: Will BTC become a PUMP after 30/9????  (Read 1434 times)
cafucafucafu
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September 29, 2017, 04:40:24 AM
 #41

There is no reason to pump Bitcoin.  Bitcoin is already in a Bullish stand and no reason to pump it to increase its price.  It just need some more hype to align with the bullish stand and we will see Bitcoin price to go up fast.    I believe with the current stand, Bitcoin price will be on an uptrend because Chinese FUD effect does not weigh anymore.
However there seems another FUD around about Korean government halting all korea based ICOs but this will not effect foreign ICOs, if this is true than it will also have some effect.

Like rumor, if china will also ban bitcoin mining than we might see another bearish trend for really long time. Bitcoin mining in china is really big and it will have much larger affect on crypto.

Well, that is purely speculation and could be just BS news.

If nothing else comes out in the next few days then i expect October to be the real beginning of a strong bull market. People realise now that governments have actually very little influence over how the bitcoin network is run, all they can do really is ban bitcoin exchanges and ICOs.

Even if the Korea news is legit, i doubt it'll have much effect.

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September 29, 2017, 04:46:39 AM
 #42

The price has been raising uncontrollably since last week !!!
However , Chinese will public their decision of Cryptocurrency on 30/9
Do u think the price may keep raising or decrease ??

After the 30th, i think that the price may actually start to increase even quicker.

The uncertainty surrounding the whole regulatory framework for bitcoin in China was the main killer for bitcoin price. Traders absolutely hate uncertainty. Even if everything bitcoin related does get banned in China, it's better than uncertainty as people will find workarounds fairly soon and go back to normal business.

I'd expect price to go to $4500+ in October. Plus, BTCChina already stopped deposits from coming in, right?
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September 29, 2017, 06:18:53 AM
 #43

The price has been raising uncontrollably since last week !!!
However , Chinese will public their decision of Cryptocurrency on 30/9
Do u think the price may keep raising or decrease ??

After the 30th, i think that the price may actually start to increase even quicker.

The uncertainty surrounding the whole regulatory framework for bitcoin in China was the main killer for bitcoin price. Traders absolutely hate uncertainty. Even if everything bitcoin related does get banned in China, it's better than uncertainty as people will find workarounds fairly soon and go back to normal business.

I'd expect price to go to $4500+ in October. Plus, BTCChina already stopped deposits from coming in, right?
Im hopong for it's quicker pump but it seems to be stable on range of $4200 , at least hope that October may be a good price increase might happen and will be buzz by hard fork FUD again, FUD everywhere.

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September 29, 2017, 07:14:21 AM
 #44

I think that many expects that the Chinese exchanges will not close or will reopen very soon after 30/9, that's the reason for this recovery.
"Buy on rumors, sell on news"
Stale news and the community have already moved on! China is only a fragment of Bitcoin and the cryptocurrency world, they erred by jumping to the conclusion that they were indispensable, of which they're not.

And many buyers and sellers - whether they are speculators and want to use Bitcoin as store of value - do they trades based on what's expected to happen next.
Many Chinese (and not only miners) have panic-sold. If the things get back on track in China, the trend will reverse: many people will buy again, whether as speculation or store of value.

Quote
Do u think the price may keep raising or decrease ??

Depends on the news. If the exchanges will remain open, we may get back to $5000 very fast.
If not, even one more price decrease is possible.
Japan have taken over more than 50% of daily trade volume, there is South Korea, there is Australia and a voracious global appetite, China will now have to fight to merit relevance.

I still believe that China was the one that made Bitcoin reach 5000$ and China was also one of the many that made Bitcoin fall to 3000$.
Of course, the newcomers help with keeping Bitcoin at 4000$ and even without China Bitcoin will rise sooner or later, but with China it'll rise earlier and faster.

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Rahar02
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September 29, 2017, 07:34:05 AM
 #45

The price has been raising uncontrollably since last week !!!
However , Chinese will public their decision of Cryptocurrency on 30/9

What kind of decision will be published on 30/9? I thought they have announced all the decisions about bitcoin and exchanges.
Most exchanges already closed or will be closed on September 30th, but the last two biggest exchanges, OKCoin and Huobi will be halt trading activity by the end of October. Unless China will ban bitcoin and the mining as well which still FUD.
Nothing for sure about the future, but I prefer bitcoin price will rise on October until another hard fork implementation.
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September 29, 2017, 09:14:22 AM
 #46

no, bitcoin never PUMPs!

there will be a rise, probably with the same speed upwards like it has been so far in the past couple of days and then there may be other stuff on the way. depending on how those FUDs go, price can either break $5000 or stay at this level.

as for Chinese crap, the news is already priced in. there won't be any more drama regarding that.

Yes its still depends on how strong the FUDs hit the community. It may make or  break the price of bitcoin, but for now? I dont think the community can easily be carried away by these fuds. Not like the old days,  that we are easily be affected and carrird away with these fuds.



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September 29, 2017, 12:15:02 PM
 #47

Getting pump by 30th September is very certain if Chinese regulatory agency come out with a bit soft landing. I have been analyzing People reaction since the beginning of this FUD and I can tell you that many amateurs traders will be cut inbetween. The professional, may probably stay out of the market and the inexperienced will jump in at the wrong time. One thing that,we should know is that the best thing to do is to buy bitcoin now and hold until maybe some were next year because the longer you hold the high the profit.
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September 29, 2017, 12:41:01 PM
 #48

I think that many expects that the Chinese exchanges will not close or will reopen very soon after 30/9, that's the reason for this recovery.
"Buy on rumors, sell on news"
Stale news and the community have already moved on! China is only a fragment of Bitcoin and the cryptocurrency world, they erred by jumping to the conclusion that they were indispensable, of which they're not.

And many buyers and sellers - whether they are speculators and want to use Bitcoin as store of value - do they trades based on what's expected to happen next.
Many Chinese (and not only miners) have panic-sold. If the things get back on track in China, the trend will reverse: many people will buy again, whether as speculation or store of value.

Quote
Do u think the price may keep raising or decrease ??

Depends on the news. If the exchanges will remain open, we may get back to $5000 very fast.
If not, even one more price decrease is possible.
Japan have taken over more than 50% of daily trade volume, there is South Korea, there is Australia and a voracious global appetite, China will now have to fight to merit relevance.

I still believe that China was the one that made Bitcoin reach 5000$ and China was also one of the many that made Bitcoin fall to 3000$.
Of course, the newcomers help with keeping Bitcoin at 4000$ and even without China Bitcoin will rise sooner or later, but with China it'll rise earlier and faster.
No doubt it it China is the one that makes a big contribution to the digital currency network. Maybe this will change when more countries involve into legalized use of bitcoin. At present once again the situation is getting stabilized causing a better price move and expect the price to reach $4500 soon as we are now around $4200.

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September 29, 2017, 01:29:23 PM
 #49

just think of china has already banned bitcoin exchanges, the price of bitcoin is remain not severely damaged, for that matter, the price of bitcoin is stable, so i would believe with yes, and the price of bitcoin is still going up. china is just extending themselves without accepting the things outside them.

out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
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September 29, 2017, 05:42:26 PM
 #50

The price has been raising uncontrollably since last week !!!
However , Chinese will public their decision of Cryptocurrency on 30/9
Do u think the price may keep raising or decrease ??
I think price will dump again after official announcement from chinese government which we might hear on october rather than by end of this month.

Despite the fact that chinese ban on ICO and trading platform have already had its effect on cryptocurrency, I am still expecting some flash crashes from chinese whales.
I think not, our bitcoin have evolved and already resistance to such regulation because china have lost their bitcoin, I think that their bitcoin users have cashed out all of the entire bitcoin they have to avoid the regulation, therefore china have no more bitcoin and not a bitcoin holder with major percent anymore
You might about bitcoin been resistance to such regulation but the Chinese government only want to shut bitcoin exchange not bitcoin user which automatically mean some people in China still hold their coin. However, dump will surely happen if the Chinese government persist with the shutting down.

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September 29, 2017, 08:35:33 PM
 #51

The price has been raising uncontrollably since last week !!!
However , Chinese will public their decision of Cryptocurrency on 30/9
Do u think the price may keep raising or decrease ??
I think price will dump again after official announcement from chinese government which we might hear on october rather than by end of this month.

Despite the fact that chinese ban on ICO and trading platform have already had its effect on cryptocurrency, I am still expecting some flash crashes from chinese whales.
I think not, our bitcoin have evolved and already resistance to such regulation because china have lost their bitcoin, I think that their bitcoin users have cashed out all of the entire bitcoin they have to avoid the regulation, therefore china have no more bitcoin and not a bitcoin holder with major percent anymore
You might about bitcoin been resistance to such regulation but the Chinese government only want to shut bitcoin exchange not bitcoin user which automatically mean some people in China still hold their coin. However, dump will surely happen if the Chinese government persist with the shutting down.

Here too the government had several times made inspections and resulted the functioning of the entire exchange services. Even after that, following the same issues makes the government to go with the planning of shutting down the exchanges with no disturbance to the user community.

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September 29, 2017, 08:39:10 PM
 #52

The price has been raising uncontrollably since last week !!!
However , Chinese will public their decision of Cryptocurrency on 30/9
Do u think the price may keep raising or decrease ??

bitcoin price always rises periodically maybe it will surpass $5000 in next month or $6000-$7000 by the end of the year.
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September 29, 2017, 08:56:11 PM
 #53

no, bitcoin never PUMPs!

there will be a rise, probably with the same speed upwards like it has been so far in the past couple of days and then there may be other stuff on the way. depending on how those FUDs go, price can either break $5000 or stay at this level.

as for Chinese crap, the news is already priced in. there won't be any more drama regarding that.

Yes its still depends on how strong the FUDs hit the community. It may make or  break the price of bitcoin, but for now? I dont think the community can easily be carried away by these fuds. Not like the old days,  that we are easily be affected and carrird away with these fuds.
If your said is right, the whales will keep bear trend in a long time, maybe few years still very normal with them because they do not care you can keep your coin or not, only want you give up to them and they will earn profits help you Wink
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September 29, 2017, 10:42:09 PM
 #54

no, bitcoin never PUMPs!

there will be a rise, probably with the same speed upwards like it has been so far in the past couple of days and then there may be other stuff on the way. depending on how those FUDs go, price can either break $5000 or stay at this level.

as for Chinese crap, the news is already priced in. there won't be any more drama regarding that.

Yes its still depends on how strong the FUDs hit the community. It may make or  break the price of bitcoin, but for now? I dont think the community can easily be carried away by these fuds. Not like the old days,  that we are easily be affected and carrird away with these fuds.
If your said is right, the whales will keep bear trend in a long time, maybe few years still very normal with them because they do not care you can keep your coin or not, only want you give up to them and they will earn profits help you Wink
tomorrow is the day speculated and btc were slowly moving upward and can be a good sign that's it increasing, pump may happen anytime by October since even another banning announced it seems btc were nit affected.

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carlerha
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September 30, 2017, 11:53:07 PM
Last edit: October 02, 2017, 08:16:50 PM by carlerha
 #55

I think that many expects that the Chinese exchanges will not close or will reopen very soon after 30/9, that's the reason for this recovery.
"Buy on rumors, sell on news"
Stale news and the community have already moved on! China is only a fragment of Bitcoin and the cryptocurrency world, they erred by jumping to the conclusion that they were indispensable, of which they're not.

And many buyers and sellers - whether they are speculators and want to use Bitcoin as store of value - do they trades based on what's expected to happen next.
Many Chinese (and not only miners) have panic-sold. If the things get back on track in China, the trend will reverse: many people will buy again, whether as speculation or store of value.

Quote
Do u think the price may keep raising or decrease ??

Depends on the news. If the exchanges will remain open, we may get back to $5000 very fast.
If not, even one more price decrease is possible.
Japan have taken over more than 50% of daily trade volume, there is South Korea, there is Australia and a voracious global appetite, China will now have to fight to merit relevance.

I still believe that China was the one that made Bitcoin reach 5000$ and China was also one of the many that made Bitcoin fall to 3000$.
Of course, the newcomers help with keeping Bitcoin at 4000$ and even without China Bitcoin will rise sooner or later, but with China it'll rise earlier and faster.
No doubt that China is the one that makes a big contribution to the digital currency network. Maybe this will change when more countries involve into legalized use of bitcoin. At present once again the situation is getting stabilized causing a better price move and expect the price to reach $4500 soon as we are now around $4200
but i think that now the trend is changing, now people are giving more importance to bitcoin from all over the world. i think that now the number of bitcon users are increasing in throughout the world,we can see the bitcoin users in every places and i think still the number of bitcoin users is increasing, therefore we can expect that if a single country will bane bitcoin i am sure that it will not not put so much effect on bitcoin.
suvo05
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October 01, 2017, 04:25:19 PM
 #56

The price has been raising uncontrollably since last week !!!
However , Chinese will public their decision of Cryptocurrency on 30/9
Do u think the price may keep raising or decrease ??

Seems you have predicted it right. Oct start with some good indication. Hope the trend will continue for rest of the year and we will cross the 5000$ mark at the end of this year. Let's see what happen in next few days.

iram1011
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October 01, 2017, 04:59:38 PM
 #57

The price has been raising uncontrollably since last week !!!
However , Chinese will public their decision of Cryptocurrency on 30/9
Do u think the price may keep raising or decrease ??
Bitcoin doesn't pumps. Right now whatever growth it is experiencing is genuine. People are investing, bitcoin is getting media attention, some countries are overwhelmingly supporting bitcoin, all in all there is a positive atmosphere with some instances of negative news that comes and goes. There is a legit increase in demand. But yeah with growth there are always some instances of pump but then Bitcoin always go a correction phase after ATH. In October, most probably the growth will be there as market is over China's FUD.
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October 01, 2017, 05:04:04 PM
 #58

well it has started the october month with good bullish sign hope to see the same trend continue but there might be some correction coming up too as the bitcoin fork news is again active . seems like we will have another altcoin bitcoin gold .
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October 01, 2017, 05:07:27 PM
 #59

I see uptrend for bitcoin value so I'm optimist that bitcoin value will keep increase although Korea ban ICO  , just ICO !
As bitcoin getting bigger and more attract people to invest !

well it has started the october month with good bullish sign hope to see the same trend continue but there might be some correction coming up too as the bitcoin fork news is again active . seems like we will have another altcoin bitcoin gold .

It's a good news for bitcoin reputation around the world


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BitcoinPanther
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October 01, 2017, 08:21:32 PM
 #60

I do not think the Bitcoin was pumped during 30/9.  Bitcoin was rebounding after its dip.  Honestly I think right after Bitcoin recovers from those FUD, it is now back on track for being bullish and uptrend market.  I think we will be seeing $5k  soon.  With these two compay (AMAZON and GOOGLE) getting involved with Bitcoin.
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