Bitcoin Surges Above $4400 As World Realizes Jamie Dimon & China Don't Matter

[palle11]

These negative news created a panic among the investors in the crypto-market for some time, but people realize that this is just a propaganda to control the bitcoin price. Big names like Jamie Dimon take the advantage of this opportunity to double their wealth. Expected to see bitcoin price up to $5000 by the end of oct.

Yeah, it could get to 5000 before retracing for a moment. The negative news only stalled the bullish movement then ,bringging it to 3300(thereabout) and it has been corrected. I guess all is heading bullish now.

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[YTBitcoin]

The only reason why bitcoin price drop so hard is because when people heard that china is banning ICO's and caused panic so a large group of traders immediately sell their bitcoins without thinking that this might be a good chance to buy more cause this is completely normal cause even other resources doens't always rise high but sometimes takes a dip. The funny part is most of these people are new investors, this jamie whoever he is nothing but a con artist telling people that its a fraud everyday while he tried bitcoin when its in a dip.

All the dump that occurred recently is just because of panic selling of investor if they didn’t did that the situation may be opposite prices must be at 7000 USD and what china and Jamie did doesn’t matters now because a new era is starting now bitcoin proved itself that it is not depending on the world largest country it ca survive without china and this is good omen now prices are going up again.

[XinXan]

aaaand 4600$ It really shows that bitcoin does not care about anything, a possible fork approaching, china bad news, a lot of fud and yet it's still rising. I can't imagine what will happen if we receive big good news, will it explode to like 10k? Honestly seems like a realistic possibility now.

[Razick]

Make that $4,600. I predicted this to happen even after it crashed to the low $3,000's recently. I believe it will rise up once more before crashing hard back to under $2,000. Everyone HODL your BTC right now and we will crack $5,000 soon. It is only a matter of time. I give it a month though. Won't happen overnight. But rest assured, it WILL happen. That is all you need to know.

[Sithara007]

It has crossed the $4,600 mark and the rates are still going up. The trend is overall a positive one. Seems like the previous peak ($4,980 per coin) will be broken within the next few days (or hours). If everything goes according to our plan, then we can expect the prices to reach new heights in November, when the 2 MB block size will be implemented.

[South Park]

i honestly didn't expect such a strong buy support behind bitcoin to keep the price high at this level.
obviously a recovery was expected even back when price reached the bottom at $3000 it was calling the $4000 come back soon. but i didn't expect the $4300-$4400 range to be sustained this strongly.

all the Dimon and China drama has always been a temporary thing. this is the story of bitcoin as far as i can remember. same FUD, same people taking advantage and becoming bigger whales and price rising in long term without paying any attention to any of them

It only means that we have still a market even without China. I assumed that the buy support came mostly from Japan and South Korea. And even in India bitcoin price is up with a premium of $100 difference from other exchanges. We have all moved from the Dimon and China drama. It really proves that bitcoin is cannot be conquered by any one, not by country and definitely not by a person who is just spreading FUD to manipulate the price. They can only affect the price temporary and after that bitcoin continues as if nothing happens.

The problem is that even if they do not affect the price long term they still benefit from this, they probably sold their coins before the FUD and were able to by them back at a discount and made a lot of profits that way, it is unfair but people need to understand that those are not news but FUD designed to scare them.

[centralbanksequalsbombs]

i honestly didn't expect such a strong buy support behind bitcoin to keep the price high at this level.
obviously a recovery was expected even back when price reached the bottom at $3000 it was calling the $4000 come back soon. but i didn't expect the $4300-$4400 range to be sustained this strongly.

all the Dimon and China drama has always been a temporary thing. this is the story of bitcoin as far as i can remember. same FUD, same people taking advantage and becoming bigger whales and price rising in long term without paying any attention to any of them

It only means that we have still a market even without China. I assumed that the buy support came mostly from Japan and South Korea. And even in India bitcoin price is up with a premium of $100 difference from other exchanges. We have all moved from the Dimon and China drama. It really proves that bitcoin is cannot be conquered by any one, not by country and definitely not by a person who is just spreading FUD to manipulate the price. They can only affect the price temporary and after that bitcoin continues as if nothing happens.

The problem is that even if they do not affect the price long term they still benefit from this, they probably sold their coins before the FUD and were able to by them back at a discount and made a lot of profits that way, it is unfair but people need to understand that those are not news but FUD designed to scare them.

Well....market manipulation has been a staple of big bankers and central banks. Watch this documentary:
history of money/centralbanks: https://vimeo.com/8757743 or link2 https://youtu.be/UrJGlXEs8nI

[LuanX3]

i honestly didn't expect such a strong buy support behind bitcoin to keep the price high at this level.
obviously a recovery was expected even back when price reached the bottom at $3000 it was calling the $4000 come back soon. but i didn't expect the $4300-$4400 range to be sustained this strongly.

all the Dimon and China drama has always been a temporary thing. this is the story of bitcoin as far as i can remember. same FUD, same people taking advantage and becoming bigger whales and price rising in long term without paying any attention to any of them

It only means that we have still a market even without China. I assumed that the buy support came mostly from Japan and South Korea. And even in India bitcoin price is up with a premium of $100 difference from other exchanges. We have all moved from the Dimon and China drama. It really proves that bitcoin is cannot be conquered by any one, not by country and definitely not by a person who is just spreading FUD to manipulate the price. They can only affect the price temporary and after that bitcoin continues as if nothing happens.

The problem is that even if they do not affect the price long term they still benefit from this, they probably sold their coins before the FUD and were able to by them back at a discount and made a lot of profits that way, it is unfair but people need to understand that those are not news but FUD designed to scare them.

Well....market manipulation has been a staple of big bankers and central banks. Watch this documentary:
history of money/centralbanks: https://vimeo.com/8757743 or link2 https://youtu.be/UrJGlXEs8nI

Not only that, remember the events of the world financial crisis a few decades back? It was caused by a lot of banks that were all cheating. That incident did not even get one banker to go to jail. The governments, especially the US, did not do anything any more about the bankers. They just let it go and created policies to rehabilitate the financial industry and make new regulations to prevent it. Unlike in bitcoins, the government has already placed in jail a lot of bitcoin users.