Bitcoin value dropping?

[Mr.Scott]

Hi all,

Are we expecting a drop in price since China is going to ban crytpo by end of this month?

Only would like to say a weekend FUD or just going through some resistance, shouldn't fall below $4k. Smart of those never and ever get panic, take it as weekend profit.

[Pursuer]

another example of someone who is way too late to the party!

the "dropping" is already over. we are $1200 above the price that dropped because of China. you can not expect the same reason to have the same effect multiple times just because you are late. the rest of the world were not late and they did all their panics and their sells and buys and FOMOs in the previous weeks and now things are back to normal

until next FUD comes along. try not to be late for that one.

[e-coinomist]

another example of someone who is way too late to the party!

the "dropping" is already over. we are $1200 above the price that dropped because of China. you can not expect the same reason to have the same effect multiple times just because you are late. the rest of the world were not late and they did all their panics and their sells and buys and FOMOs in the previous weeks and now things are back to normal

until next FUD comes along. try not to be late for that one.

Could be about the 2x part of Segwit2x, or Bitcoin Cash hashrate moves. The first would be timeable since it has a specific date on it.
Another theory watches this ""dropping" is already over" as a bulltrap. Ask Loops about going short.

[loda.doa]

Hi all,

Are we expecting a drop in price since China is going to ban crytpo by end of this month?

I think the price will not drop below the bitcoin $4000 again. the Chinese sold will have others buy into, not afraid

[Jating]

Hi all,

Are we expecting a drop in price since China is going to ban crytpo by end of this month?

Obviously its already end of the end and nothing significant happens to the price. It is still going strong and trading right now at $4100-$4200. But the price drop did happen in the second-third week of the month but we have recovered already so you don't have to worry more about any China news affecting the market price.

another example of someone who is way too late to the party!

the "dropping" is already over. we are $1200 above the price that dropped because of China. you can not expect the same reason to have the same effect multiple times just because you are late. the rest of the world were not late and they did all their panics and their sells and buys and FOMOs in the previous weeks and now things are back to normal

until next FUD comes along. try not to be late for that one.

Yeah, he is already too late to join the party and miss the opportunity to buy it when the price is quite cheap. So to the OP, please be advised that you need to be ready when bitcoin will have a "buying party" and don't you forgot to have your funds ready, just in case. 

[xaxistech]

Well the price is at $4230 at the moment, and it is more high than yesterday (ath from yesteday was $4200) so i guess that it is slowly rising, but it is not dropping at the moment, so i really expect bitcoin to rise at least to 4500 before october. But we need to hear china news first, they will decide the trends for bitcoins, if we hear bad news, then probably we will see bitcoin dropping below $4000

[richardsNY]

I think the price will not drop below the bitcoin $4000 again. the Chinese sold will have others buy into, not afraid

If you're so confident in the market to not drop below the $4000 level again, why don't you buy as many coins as possible? There is barely any real buy support around the $4000 level, and if we take the regular volatility in consideration, it will likely dip below $4000 again in the coming few days. Another important aspect we don't need to forget is the hard fork that is planned to happen in November. This market can change in an instant from bullish to bearish, and vice versa -- so don't start counting your profits already....

[Aamir1]

The drop in price because of all that China thing had occurred, and Bitcoin has already recovered from that and it has hit $4,220 after all that once again. So i don't think we should expect any other price drops right now, except for the usual routine of bitcoin which is to keep fluctuating.

since China is going to ban crytpo by end of this month?

ICO does not mean crypto and they are banning ICOs

You should read some news @pooya87, because it is not just ICOs they are banning, but all the crypto currency exchanges are being banned by China by the end of this month.

[barota]

bitcoin will dump hard after some hours

[Eric Cartman]

bitcoin will dump hard after some hours

It already dumped some 12 hours ago. Wasn't that hard, just close to $4000 and was quick.

Not slow and low enough to cause panic

[Doell]

Hi all,

Are we expecting a drop in price since China is going to ban crytpo by end of this month?

it's just an issue for bitcoin citizen panic now bitcoin rises steadily until target is fulfilled bitcoin keeps rising, china does not forbid bitcoin, china only forbids ico's which has brought the chinese citizens economy down because it has contributed ico's, bitcoin not being to dump see the exchange now bitcoin is rises.

[Aegean Skipper]

furthermore which price is good for buying?
now or below 3000?

[crazylikeafox]

furthermore which price is good for buying?
now or below 3000?

.
Buy now because its only going up after the news about China and South Korea. It will be a good investment to buy maybe there will be a good news going to happen soon.

[h1h2h3_c]

Hi all,

Are we expecting a drop in price since China is going to ban crytpo by end of this month?

It was just case and blame on bitcoin because they were firing from bitcoin because bitcoin is powerful currency then chinese government therefore they are going to banned bitcoin which will not happen ever.

[poodle63]

bitcoin will dump hard after some hours

It already dumped some 12 hours ago. Wasn't that hard, just close to $4000 and was quick.

Not slow and low enough to cause panic

Just a little correction but we should not feel panic due to the little dump for bitcoin, and that was an impact caused by the korean news about to ban the icos in the future. Because i got it from some reliable sources.

[aardvark15]

Hi all,

Are we expecting a drop in price since China is going to ban crytpo by end of this month?

Some of the drop may already be built in to the current price of Bitcoin. However, if China really does come out with an official policy banning Bitcoin and other cryptocurrencies, it will most likely still have an affect. China is such a huge market that you would expect any negative news from them to affect the price.

I still think that even if there is a ban, Chinese citizens will continue to find ways to hold and invest in Bitcoins and maybe even mine it. And I also would not be surprised if the Chinese government invests in Bitcoin and still mined Bitcoins for their own profit.

[xuan87]

China is not banning crypto yet, China is banning ICO and going to regulate exchanger. Korea is also going to banned ICO, maybe the price is going to drop a little, but all users are ready to face this, actually ICO not giving a big influence to Bitcoin and other strong alt coins

[Cobalt9317]

It is only natural for BTC to dropped its price as for other crypto-currencies will be affected for it, naturally speaking the value of BTC is very volatile, it is also natural that we should worry about the price of it constantly.

[BitMaxz]

China is not banning crypto yet, China is banning ICO and going to regulate exchanger. Korea is also going to banned ICO, maybe the price is going to drop a little, but all users are ready to face this, actually ICO not giving a big influence to Bitcoin and other strong alt coins

Hope it can't be affect a lot.. Since its just an ICO and let me ask how did you know that thing and where is your source..

Even they are banning bitcoin and i think they can be stay holding them if those who are holding bitcoin in china they can be still sell them not in  their country and they can sell it other exchanged and received it in real usd to their country..

Hope they can survive and it will gonna affect only small. because many people are afraid even is just a small the price could be drop burst because of panic selling.

[denny27]

Some of the news that i heard recently from China at the end of this september, evidently didn't affect of bitcoin price become a decreased, bitcoin instead continues to moving towards the higher. Hopefully it continues to leads to a higher up till reach $5000 on october despite accompanied by some slight decline.