CHINA ban Rise and Down

[mrcash02]

bitcoin price down about 1,000$ after china ban   this is logic

but less than 2 months back more than old 4,600 now without any new news why  ??

Are you depending only with the news? Then you are missing the real news here that there's a hard fork that will happen next week so that's the reason why the price of bitcoin increases. And not all the time we are going to depend with Chinese news or anything that's related to crypto there. Yes, they are affecting the price but you should also look outside the box, don't look always inside the box.

Chinese just another kind of trollers, They are announcing to ban the crypto and bitcoin but in the future they will try to re-thinking about that. This looks pretty odd.
That news just give a short impact to all of the users, because many ways to the bitcoin and crypto currency. Because they are not familiar with the technology and if we are all using the decentralized exchange and there will be no party can prevent us to use bitcoin.

That's true, I propose that we should deal peer to peer and forget about a middle man(exchanges) and meet in person because it seems all the government regulations and their interference seems to be directed at the local exchanges.

That is also one of the goodness of bitcoin, because if its volatility, that is why so many people wants to invest into it. Think about it carefully that not only the news and issues could affect bitcoin, and there is no exact prediction, or in other words nobody can predict accurately the price of bitcoin if it is going upward or downward by the next few years, but the positive outlook is that it will rise due to so many demands and only limited supply.

We can't predict exactly why Bitcoin price is increasing, but I agree that there is a high chance Bitcoin is rising because the fact there will be a new HardFork. Last time we have seen a HardFork it was very profitable for holders, it was like free money, people earning thousands of dollars overnight without effort. And now they think it can happen again, so it's better to hold maximum coins as possible.

[btc-facebook]

It's not all about China, just take a look for Japanese and South Korea that I think they have bigger market compare China's recently.
Since there are a lot of demand especially after they have officially legalize bitcoin so it's reasonable if bitcoin is pumping up for now !

[choirunn]

bitcoin price down about 1,000$ after china ban   this is logic

but less than 2 months back more than old 4,600 now without any new news why  ??

china seems to have opened his banned and now china will legalize bitcoin transactions.

[fiulpro]

Hello

Your question is little hard to understand please write in Proper english the next time, anyways maybe it meant that the sudden fluctuation of price of bitcoins due to the ban of China was like it went 1000$ down but now its like 1000$ up ! And thats really weird.

Well you know China banned the ICO'S and also the bitcoin exchanges , I even heard a news where they said people with bitcoins will be jailed , they wanted to protect the outflow of money ... But I don't see any reason so as to why we are still discussing about China because China has long been out of the market and no one really wants them back now ^ because the Proce of bitcoins is already high Without their intervention so we don't need China anymore.
The reason for sudden increase in price is the upcoming hard fork and the launch of Bitcoin gold that has made people invest in bitcoins well I think this was preplanned to get over the losses as caused by the china.

[tabas]

bitcoin price down about 1,000$ after china ban   this is logic

but less than 2 months back more than old 4,600 now without any new news why  ??

Are you depending only with the news? Then you are missing the real news here that there's a hard fork that will happen next week so that's the reason why the price of bitcoin increases. And not all the time we are going to depend with Chinese news or anything that's related to crypto there. Yes, they are affecting the price but you should also look outside the box, don't look always inside the box.

Chinese just another kind of trollers, They are announcing to ban the crypto and bitcoin but in the future they will try to re-thinking about that. This looks pretty odd.
That news just give a short impact to all of the users, because many ways to the bitcoin and crypto currency. Because they are not familiar with the technology and if we are all using the decentralized exchange and there will be no party can prevent us to use bitcoin.

It's not that they are trolling but it is affecting their economy and we don't really know the real truth behind that ban of bitcoin. But what's I'm sure of is there are Chinese people that are keep on pushing their career with crypto's. They can't monitor the whole crypto market there for sure, the problem there is the government is the one that doesn't recognize bitcoin and the real traders are just following to the directive of their supreme government.

[EddyGameta]

I think you didn’t read thoroughly about the news about china closed the ICO and took a wrong conclusion 
china affected the bitcoin’s price only for a few weeks because of many big ICOs in china can affect its value, but that's just old news and now it's over because the bitcoin’s value has recovered.
You’d better improve your thread’s writings so it will be easier to understand by the reader. and read the news thoroughly so you won’t take a wrong conclusion

[sublime5447]

probably it’s obvious for everyone who has seen the proof that bitcoin has recovered or rise since the ICO’s closing in China. and there are many people who become optimistic about bitcoin’s growth after the fork’s announcement that will be held in this month

[batang_bitcoin]

The Chinese now are for sure planning to do some unexpected come back. And when that happens for sure the price of bitcoin will be pumping quickly. I thought they will give some announcement and statement regarding their temporary ban to ICOs on the 15th of this month as the congress election on their country was done already or they are still on going and still processing with the set of rules that they will give.

[cryptokitty]

bitcoin price down about 1,000$ after china ban   this is logic

but less than 2 months back more than old 4,600 now without any new news why  ??

Simply because bitcoin users are keep on believing that bitcoin will survive whatever news or issues may appear it will not affect now.

[TravelMug]

it's an old news of ICO’s closing in China that affected bitcoin price. Now there’s a news we should wait it’s about hard fork which will be held on october 25th. maybe that hard fork will be the reason that can raise up the bitcoin’s value.
and we should be grateful too because that news didn’t last long 

Well its just about a month ago isn't it? Not that old ey? . Seriously, that's how bitcoin and the market moves as evident of the last month's fall wherein bitcoin floored to $2800. But now no one has thought the bitcoin already doubled or more than doubled that price during its recovery. I'm sure we already proved that Bitcoin can't be stopped, not even the Great Wall. I think that their effect will not really last long because there's still some other parts of the globe that are willing to invest and put money in the market.

The Chinese now are for sure planning to do some unexpected come back. And when that happens for sure the price of bitcoin will be pumping quickly. I thought they will give some announcement and statement regarding their temporary ban to ICOs on the 15th of this month as the congress election on their country was done already or they are still on going and still processing with the set of rules that they will give.

I hope they are, because bitcoin is not enjoying another unprecedented march toward another ATH. Let's see how will they react now since the system has already proven that we can stand without them. I'm sure they want to comeback and join the party. They are very welcome to comeback anytime.

[Kemarit]

it's an old news of ICO’s closing in China that affected bitcoin price. Now there’s a news we should wait it’s about hard fork which will be held on october 25th. maybe that hard fork will be the reason that can raise up the bitcoin’s value.
and we should be grateful too because that news didn’t last long 

I really don't think the scare will last because nothing it our ecosystem can do that. I haven't seen any news that lingers for a long period of time, only temporary. But yeah, we should be grateful that the price pull caused by the China shenanigans stop short of a massive crashed to $2000. We have to thank investors and casuals who bought bitcoin is that dip. So let's moved forward now without China, they have done their share in the past and we are also grateful for them, however their government has a sudden change of heart to bitcoin and crypto's. And the news that are the main driving force of bitcoin price rising is the fork on the 25th. Just 4 days from now and I'm excited to see the price goes to $6500-$7000 tops. And then we will see what gonna happen after the dust has been settled. I'm optimistic and hope that the price will really take off up to the end of the year.

[Immakillya]

No. The rise and fall of price of Bitcoin is not because of China. China ain't shit. China has nothing to do with that. It's because of Bitcoin hardford. Bitcoin is more likely to split again and many bitcoin holders are now holding bitcoin as much as they can. From saving Bitcoins, they will obtain forked coins which Bitcoin Gold. The more you save, the more you gain. China is nothing. People are sick of their drama. Why don't they ban cryptocurrency there already? The reason is because they are just manipulating us. Japan just already surmounted them. Japan is the bigger market now compare to China.

[StarofBTC]

probably it’s obvious for everyone who has seen the proof that bitcoin has recovered or rise since the ICO’s closing in China. and there are many people who become optimistic about bitcoin’s growth after the fork’s announcement that will be held in this month

There is no reason to deny this fact that bitcoin is very much powerful thing and it cannot lose its reputation and fame just because of the propaganda of any country. China did try his best in order to take control over bitcoin but results are right in front of all of us.

China failed and all his plans failed in worst manner. Bitcoin will keep on rising high and high no matter what the conditions and circumstances will be.

[batang_bitcoin]

The Chinese now are for sure planning to do some unexpected come back. And when that happens for sure the price of bitcoin will be pumping quickly. I thought they will give some announcement and statement regarding their temporary ban to ICOs on the 15th of this month as the congress election on their country was done already or they are still on going and still processing with the set of rules that they will give.

I hope they are, because bitcoin is not enjoying another unprecedented march toward another ATH. Let's see how will they react now since the system has already proven that we can stand without them. I'm sure they want to comeback and join the party. They are very welcome to comeback anytime.

That's good for us and I hope they also realized it then we can still move on even without them considering themselves as the sleeping giant. They'll join the part soon as they stated that they have to make such regulations and ruling about the ICOs on their country. It's quite a long time before making those house rules but I'm sure they are rushing with it, they don't want to miss the action.

[bestluck]

probably it’s obvious for everyone who has seen the proof that bitcoin has recovered or rise since the ICO’s closing in China. and there are many people who become optimistic about bitcoin’s growth after the fork’s announcement that will be held in this month

What China did was very unexpected and terrible move for the entire cryypto coin community. Prices fell down unimaginably nad it became a nightmare for the new investors. Many people sold out their digita assets, especially bitoin and now it has become their regret. Bitcoin defeated China in an unexpected way which has attracted trust of all bitcoiners. If China was of the view that it could kill bitcoin, now it won't try this again. I am happy for this and excited about the hard fork.

[Bitcotalk]

No. The rise and fall of price of Bitcoin is not because of China. China ain't shit. China has nothing to do with that. It's because of Bitcoin hardford. Bitcoin is more likely to split again and many bitcoin holders are now holding bitcoin as much as they can. From saving Bitcoins, they will obtain forked coins which Bitcoin Gold. The more you save, the more you gain. China is nothing. People are sick of their drama. Why don't they ban cryptocurrency there already? The reason is because they are just manipulating us. Japan just already surmounted them. Japan is the bigger market now compare to China.

Yes, bitcoin is not confined to any region and what Chinese did they just throw axe on their own feet and they will surely regret in the future what they did and they will beg to rejoin and they will face a lot of trouble because whole world is accepting bitcoin and payment are now made digitally so there will be difficulty of business for them china has now no impact on price all they do will be a loss for them.

[gabmen]

No. The rise and fall of price of Bitcoin is not because of China. China ain't shit. China has nothing to do with that. It's because of Bitcoin hardford. Bitcoin is more likely to split again and many bitcoin holders are now holding bitcoin as much as they can. From saving Bitcoins, they will obtain forked coins which Bitcoin Gold. The more you save, the more you gain. China is nothing. People are sick of their drama. Why don't they ban cryptocurrency there already? The reason is because they are just manipulating us. Japan just already surmounted them. Japan is the bigger market now compare to China.

Yes, bitcoin is not confined to any region and what Chinese did they just throw axe on their own feet and they will surely regret in the future what they did and they will beg to rejoin and they will face a lot of trouble because whole world is accepting bitcoin and payment are now made digitally so there will be difficulty of business for them china has now no impact on price all they do will be a loss for them.

We can't deny that it did have a big effect on bitcoin for a few days though. And if another country would do the same, there probably would be the same temporary effect. The good thing is that we've proven that bitcoin still has a very good support and following so despite china banning exchanges, which could have brought down a lesser market, bitcoin continued to grow even stronger

[ss890]

bitcoin price down about 1,000$ after china ban   this is logic


but less than 2 months back more than old 4,600 now without any new news why  ??

I did not get your last statement but I think you want to ask that how it’s possible for bitcoin to get the rates of 4.6k rise without any good news. The reason is, it’s not just about the good or bad news or country’s making big and small moves. It’s about hard forks as well because they are the procedures which adds up something new into blockchain and bitcoin technology. The current fork is the reason why bitcoin is going so high. Also people want to earn free XBG and that’s another reason they putting all the money Is bitcoin and it’s prices are rising so high.

[bobitza]

bitcoin price down about 1,000$ after china ban   this is logic

but less than 2 months back more than old 4,600 now without any new news why  ??

I just remember that China is no longer the world's leading bitcoin market, and its prohibitions limit the development of bitcoin here, so that Japan becomes the largest market.

[anggada18]

bitcoin price down about 1,000$ after china ban   this is logic

but less than 2 months back more than old 4,600 now without any new news why  ??

I just remember that China is no longer the world's leading bitcoin market, and its prohibitions limit the development of bitcoin here, so that Japan becomes the largest market.

I heard that after China closed their market a month ago but after japan became the biggest bitcoin market now the bitcoin price goes beyond estimates and I know that now the Chinese government wants to make it back. I hope what I hear is true and runs smoothly.