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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)
beginner3112 (OP)
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September 28, 2017, 07:44:09 AM
 #1

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 ??
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September 28, 2017, 07:47:03 AM
 #2

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.

Only Bitcoin
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September 28, 2017, 07:47:16 AM
 #3

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 ??
The BTC price will likely stay up because yesterday the price remains stable at $ 3.7 in the long term, I'm sure the price will be 10k soon, but the bitcoin development is hard to read, we can only predict with very little possibility
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September 28, 2017, 08:07:46 AM
 #4

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 ??

BTCChina has already announced that they will be shutting down ages ago. Investors wouldn't panic now, because they have already panicked over the whole situation around a fortnight ago that drove price significantly down.

I think that by the end of the month we may actually see an increase in the bull market.

This is because when BTCChina actually does close down, people will realise that they are not something that is completely needed in the first place. Chinese traders trade on localbitcoins mainly anyways.

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September 28, 2017, 08:09:53 AM
 #5

there won't be any more drama regarding that.

Now we need to get past the November drama.

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

will increase, what matters most is get rid of the influence of china and overcome the drama of November, if we can remove these two obstacles will be very good

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September 28, 2017, 08:33:10 AM
 #6

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 ??

There is a possibility of a continuing rise in price for Bitcoin and it can happen whatever can be the decision or news coming from China as the China Effect has  already waned from the market. We have already moved on away from the China bad news and since there are already many good news on different fronts relative to Bitcoin the market is getting into a positive mood and that is what we are experiencing right now. However, days going into November can see some apprehensions as we are nearing the scheduled fork and this can also be a hard fork giving birth to the so-called Bitcoin Gold (BTG).

I am glad that the market is returning to be green for Bitcoin and we are hoping that this can be the same mood as we are about to enter into the year 2018. Hopefully, next year can be the banner year for Bitcoin as we might be seeing new markets being opened and regulated allowing the entrance of Bitcoin on many fronts.
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September 28, 2017, 08:34:07 AM
 #7

Yeah, now bitcoin price has taken a step of forward, let see where it stop now in the end of 2017. But i have no correct information about China take decision, but nothing bad incident will be happened with bitcoin price. Only little dump and pump will happen. But now bitcoin price is better than last 3 weeks and in this time bitcoin is $4257 and only 2 days left of 30/9.

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September 28, 2017, 08:45:21 AM
 #8

What decision are you referring to?
China already made their position clear with regards to where they stand in relation to BTC.
BTCC said following the announcement that they would be ceasing operations come Sept 30th. Is that what you're referring to? If so, then the price my take a small blip but other than that nothing significant should happen...
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September 28, 2017, 08:48:55 AM
 #9

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 ??

Unexpected though and I really thought that the rise would happen on October or maybe in November since I really think that chinese fuds affect and rotates on this month but I'm so wrong with my expectations and looks like the btc pumping is now starting and rocking. And might those 6k$ is reachable for seeing the price reached today so I will stake my btc for now and let see where this one would bring me.

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September 28, 2017, 08:49:46 AM
 #10

The price has been raising uncontrollably since last week !!!

Since it was not long ago at $5000, it's better aid that it is recovering nicely.

However , Chinese will public their decision of Cryptocurrency on 30/9

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"

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.

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September 28, 2017, 10:11:51 AM
 #11

What decision are you referring to?
China already made their position clear with regards to where they stand in relation to BTC.
BTCC said following the announcement that they would be ceasing operations come Sept 30th. Is that what you're referring to? If so, then the price my take a small blip but other than that nothing significant should happen...

I think people are wondering what happens to the coins on those exchanges.

Lets suppose all those users had to sell their coins for yuan in order to withdraw. That means the exchanges now own a lot of bitcoin - and we don't know what they're going to do with them.

 
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September 28, 2017, 10:21:01 AM
 #12

the pumping days of bitcoin are long over. you are confusing bitcoin with some random pump and dump altcoin my friend.

there going to be rallies and corrections. and from time to time there will also be some bubbles and bigger corrections like the $5000 bubble and the correction down to $4000 but also sometimes there are FUD that causes the corrections to go deeper like this bigger drop to $3000.

and each time there is a situation like this there will be another rally after it. a rally that will lead to a much higher price and previous ATH be broken. it can start now since we still have some time until the next FUD starts.

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September 28, 2017, 10:37:20 AM
 #13

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 ??
prices continue to rise because japanese have legalized bitcoin, believe japanese strong japanese figures like masashi hiraisin satoshi also come from japan, also jepang will launch crypto in 2020, i think bitcoin keep increasing as sharp as hiraisin sword

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September 28, 2017, 11:52:03 AM
 #14

The price has been raising uncontrollably since last week !!!
Since it was not long ago at $5000, it's better aid that it is recovering nicely.
Point of correction, the price of Bitcoin doesn't rise or fall uncontrollably - demand and supply does that perfectly well. Evidently the market had excess supply recently as PBoC had Chinese traders and businesses selling off their Bitcoin, so price had but to dip.
Quote
However , Chinese will public their decision of Cryptocurrency on 30/9

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.

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.
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Eloncoin.org - Mars, here we come!


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September 28, 2017, 12:48:08 PM
 #15

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 ??

For me, there's just a minimal impact regarding the Chinese shutting down and closing their exchanges. So the price will continue to rise despite the Chinese news. The trend is going up so I'm expecting that the price could go up to $5000 entering October. But don't used the word PUMP here, it looks like bitcoin is a bubble which is not. And don't worry about the Chinese they are completely irrelevant now.









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Mars,           
here we come!
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ElonCoin.org.
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.
"I could either watch it
happen or be a part of it"

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nidacoinlove
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September 28, 2017, 12:49:35 PM
Last edit: September 28, 2017, 02:07:31 PM by nidacoinlove
 #16

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 ??
According to my knowledge the Chinese exchanges have already announced that what is gonna happen on 30/9. Some of the exchanges are shutting down their operations while some are shifting their setup to other countries where they think bitcoin & cryptocurrency will face no such problems, like in China.
In the light of the above discussed I can say there there will be no great effect on bitcoin with closing of Chinese exchanges and yes it's price will increase.
hunterkrypto
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September 28, 2017, 12:53:33 PM
 #17

there is no certainty as to whether it is up or down because it all depends on what is on the market. china will not make the market back into panic and somebody sells some of their coins because now in japan and various countries have legalized bitcoin so the market price will not decrease drastically
fabiorem
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September 28, 2017, 01:12:50 PM
 #18

It will go up and down, around 4000-4900.

We need a new consolidated floor at $4000. If the price spikes suddenly to a new ATH, it will be risky, considering the fudsters of China, november fork and probably some other shit related to State regulators.

But with a consolidated floor every fall will not go below $4000. So the price will keep going up and down, like waves in a beach. This will be a good moment for altcoins, as volume is increasing in Bittrex and the up and down trend will bring more satoshis to people trading in these markets.

Of course we all need to go to $10k. I want that too. But it can crash hard if it goes so fast, with the fudsters multiplying every day.
VanDeinsberg12
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September 28, 2017, 01:28:25 PM
 #19

Nothing really big will happen as far mentioned by many press or people after 30/9 but the price will rising slowly I'm pretty sure about it.
But one more thing, the trading activities is now currently on its peak by the affection of government regulation and also big instituion's statement regarding bitcoin, everything is unpredictable right now.

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September 28, 2017, 01:30:35 PM
 #20

main news is the china regulating the bitcoin exchanges and i think that news will becoming on oct 15th after that only we can see the movement of the bitcoin. Till then their will be fluctuation of price in btc and we can also see the price moving near 5k but if the regulation is positive for exchanges then we can see the price moving above 5k
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