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Author Topic: China Wins?  (Read 264 times)
CurrencyGold (OP)
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January 17, 2018, 07:44:57 PM
 #1

1. China shuts down Bitcoin?  Huh

2. Bitcoin Drops.  Shocked

3. China Buys cheaper Bitcoins.  Wink Grin

4. Bitcoin soars.  Shocked
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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cryptojoe
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January 17, 2018, 07:45:24 PM
 #2

I really doubt it.
phucngungoc
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January 17, 2018, 07:54:06 PM
 #3

I think the Chinese are trying to invade the bitcoin market. Just like how they did with other goods. They develop a coin of their own. NEO is under the attention of investors. There are a lot of ICOs using NEO to pay
2drive
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January 17, 2018, 07:57:15 PM
 #4

1. China shuts down Bitcoin?  Huh

2. Bitcoin Drops.  Shocked

3. China Buys cheaper Bitcoins.  Wink Grin

4. Bitcoin soars.  Shocked

So they do it every year) in 2015,2016,2017 and in 2018 Grin Grin Grin

---- Where is my money ppl!? ----
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January 17, 2018, 08:00:15 PM
 #5

That's how our chinese red nobles do money laundry and legal robbery from our people. Same thing happens in the August 2016 in our stock market. Since they have power on btc now, they will fuck the whole world in the future. Sad
coindetective
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January 17, 2018, 08:02:46 PM
 #6

U forgot to add weak hands panic and sell China Bitcoin.

Those of u who sold today, now u find these morons who propagated BTC doom today and thank them for helping you lose money.

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January 17, 2018, 08:13:01 PM
 #7

It is possible that this was a planned action for earnings. In South Korea, there is also an action to reduce trading in the market of crypto-currencies. Do not be surprised if this is also a planned action, in order to reduce the rate of bitcoin.
saycryptohello
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January 17, 2018, 08:16:55 PM
 #8

In fact, no matter how it might sound, there really is logic in such steps and there is a suspicion that it is precisely such manipulations that China is currently doing
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January 17, 2018, 08:52:34 PM
 #9

BTC is a good target. China They have very high pressure for development. That's why it happens. Every year, BTC has a stronger position and it does not give them peace.
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January 17, 2018, 08:56:14 PM
 #10

The Chinese billionaire rulers are preventing its poor citizens from participating in the biggest wealth creation event of their lifetime.
Only a matter of time before the people pick up their pitchforks and start a revolution in China.
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January 17, 2018, 08:57:39 PM
 #11

1. China shuts down Bitcoin?  Huh

2. Bitcoin Drops.  Shocked

3. China Buys cheaper Bitcoins.  Wink Grin

4. Bitcoin soars.  Shocked
Intro bois . LOL
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January 17, 2018, 08:57:49 PM
 #12

China has been a big manipulator of bitcoin ever since. Last year they did it, and now its happening again. As much as we hate them for turning its back against crypto, they still have this sphere of influence towards the market. And unless we removed them our bitcoin mining, they will still have a say to the price. Very greedy and deceitful on their part so manipulate and bring the price and then they will bought it at a cheap price.


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January 17, 2018, 08:58:54 PM
 #13

China is the half of the world so you can expect a huge impact with the decision that the politicians makes.
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January 17, 2018, 09:00:00 PM
 #14

Winner have right to dictate terms because it not our mommy's always to be nice with us. Its cruel game. I don't have any doubts that Chinese people are good businessman and we can watch it every day. Good businessmen = good profit its quit simple.

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January 17, 2018, 09:02:11 PM
 #15

I don't care if they won. I'm just happy that we are beginning to see the light from our recent darkness.
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January 17, 2018, 09:05:42 PM
 #16

1. China shuts down Bitcoin?  Huh

2. Bitcoin Drops.  Shocked

3. China Buys cheaper Bitcoins.  Wink Grin

4. Bitcoin soars.  Shocked

I doubt it, but the posibility is there. We cannot really pinpoint who and how bitcoin price reallu fluctuates, but it is clear that it only depends on how many people invest in it and that is how i know the price moves. Maybe China has a big part on how bitcoin price surge and plumets overtime, yet we cannot take out other nations with bigger investments in bitcoin too.

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January 17, 2018, 09:06:43 PM
 #17

1. China shuts down Bitcoin?  Huh

2. Bitcoin Drops.  Shocked

3. China Buys cheaper Bitcoins.  Wink Grin

4. Bitcoin soars.  Shocked
how can China win then? if China releases a statement that they will ban bitcoin and then bitcoin dump, then afterward that bitcoin down the price and China buy bitcoin! then China wins? how come? a government will never do that shame for the country take a shit from nowhere! bitcoin is down because of China and other countries! you should read FACTS and not just FUCK! sooner or later you will see what i am talking about!
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January 17, 2018, 09:07:58 PM
 #18

1. China shuts down Bitcoin?  Huh

2. Bitcoin Drops.  Shocked

3. China Buys cheaper Bitcoins.  Wink Grin

4. Bitcoin soars.  Shocked

So they do it every year) in 2015,2016,2017 and in 2018 Grin Grin Grin

This is correction but if you really believe on this thought well I can say that we also make money because of this. Every year this scenario are very normal yet a lot of people are still scared, for me we should learn from this and start earning money.
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January 17, 2018, 09:10:51 PM
 #19

1. China shuts down Bitcoin?  Huh

2. Bitcoin Drops.  Shocked

3. China Buys cheaper Bitcoins.  Wink Grin

4. Bitcoin soars.  Shocked
This could definitely be the case! Anyone who heard all the news about Bitcoin and bought in when it was high I am sure sold when they all of a sudden lost a lot of money. However, if you are smart you will hold and ride this out.

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January 17, 2018, 09:13:00 PM
 #20

Its not just China its also Brazil, India and S Korea
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January 17, 2018, 09:14:07 PM
 #21

1. China shuts down Bitcoin?  Huh

2. Bitcoin Drops.  Shocked

3. China Buys cheaper Bitcoins.  Wink Grin

4. Bitcoin soars.  Shocked

I HIGHLY doubt that China would want anything to do with bitcoin right now. They're probably interested and working on their own currency instead so that they can have a centralized currency that is technically a "crypto."

It's possible that other whales are manipulating the prices right now and are trying to impact the next bullish run. I could see more individuals or investing groups cooperating on that, but definitely not entire countries, and especially not China.

This area is up for grabs! PM me if you're interested.
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January 17, 2018, 09:24:35 PM
 #22

This is just another conspiracy theory, these Asian countries trying to get a grip on cryptocurrencies in order to make money. It's not only China and Korea announcing bans on cryptocurrency, also European countries like Germany and France want to have regulations. Governments want to have control on cryptocurrencies in order to keep an eye on the money.

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January 17, 2018, 10:01:05 PM
 #23

That's right, china often does that to play around the market price in search of more profit, I suggest even if bitcoin price plummet we better hold or we better buy it only in cheap price, do not we sell cheap let us not lose.

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January 17, 2018, 11:20:41 PM
 #24

 China's decision is highly doubtful regarding bitcoin.Actually,till now,they have not taken any solid decision regarding bitcoin.

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January 18, 2018, 12:20:28 AM
 #25

Its not just China its also Brazil, India and S Korea
Yes, not just China. Surely there are other countries that do the same with China. And they are good at finding opportunities in the world of cryptocurrency.

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January 18, 2018, 12:28:45 AM
 #26

China's trade strategy is undoubtedly undeclared, although it may be in a way that is difficult for us to understand I am convinced their current attitudes are to gain profit
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January 18, 2018, 12:47:51 AM
 #27

This is the same as in the previous years.
Every news given by china always impacts to every crypto prices.

Do not be panic, Just Hodl.
And one more thing. Let me suggest you to buy while the price is in the DIP.

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January 18, 2018, 12:56:55 AM
 #28

1. China shuts down Bitcoin?  Huh

2. Bitcoin Drops.  Shocked

3. China Buys cheaper Bitcoins.  Wink Grin

4. Bitcoin soars.  Shocked

Why is this china issue still going on until today? Actually, the crypto market in china is really huge that if the government is implementing something that will affect this market, it will not be just a little dent that it will cause to the movements of Bitcoin's value. It is going to be huge. And this is unfortunate to be honest. Because as we all know this country seems to be liking the feeling of controlling everything not just the state of affairs in their country but also with the rest of the world.
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January 18, 2018, 01:22:24 AM
 #29

In other words, Chinese residents can still make transactions using bitcoin. Because it is not forbidden individuals, but financial firms may not go down with bitcoins.
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January 18, 2018, 01:40:41 AM
 #30

That's right, china often does that to play around the market price in search of more profit, I suggest even if bitcoin price plummet we better hold or we better buy it only in cheap price, do not we sell cheap let us not lose.
It is a pity to admit that the crypto market is dominated by China. Chinese speculators are keeping large amounts of bitcoin and potential altcoin, so they can control the market as they wish. Pump and dump activities are mostly from China. You can win if you follow their trend and vice versa you will fail big.

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January 18, 2018, 01:57:56 AM
 #31

I think that's part of the china's strategy of balancing bitcoin, there could be an intention to be able to compete or control it. they are very ingenious and adept at mastering the world economy, I think it will not be long china will surprise the market, about bitcoin and crypto over previous statements.
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January 18, 2018, 02:01:59 AM
 #32

What a great way to analyze the current situation.  It is not china alone but also the Bitcoin hodlers who ahve a weak hands, you should also try to consider it, manipulation is not only done by China but also the mainstream media who fuels it to strengthen the FUD of Bitcoin hodlers which pushes them to sell their Bitcoins.
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January 18, 2018, 02:08:09 AM
 #33

I think this is a clear case of  market manipulation. China is still one of the largest cryptocurrency markets, even with their "Bitcoin ban". Every time negative news comes out of China, price takes a beating. Guess who's buying at the lower prices? You guessed right...
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January 18, 2018, 02:11:30 AM
 #34

In other words, Chinese residents can still make transactions using bitcoin. Because it is not forbidden individuals, but financial firms may not go down with bitcoins.
That's right. I have a lot of friends in China and they all say the same thing.
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January 18, 2018, 02:13:20 AM
 #35

1. China shuts down Bitcoin?  Huh

2. Bitcoin Drops.  Shocked

3. China Buys cheaper Bitcoins.  Wink Grin

4. Bitcoin soars.  Shocked

For me I think the masterplan was simple they shut down bitcoin on their borders effectively nullyfying the effect this cryptocurrency had and would ever have on its domain. THEy create a cruptocurrency or invest in a cryptocurrency that has their name or an influence of them and then they profit as a whole and have much better earnings that what they might have otherwise on bitcoin

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January 18, 2018, 02:20:31 AM
 #36

I doubt that China is the only one who benefited the drop. I mean a lot of traders have bought Bitcoin at this recent drop. Also thinking of it there is nothing new about the situation in China that can make an effect to Bitcoin because it has been in conflict with the Chinese government ever since 2016 and that all the drops are being related to China. But it is still as usual as we are being buried by bad news this recent few weeks leading to this cryptocurrency market drop. Keep HODLING as it will pay off.
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January 18, 2018, 02:20:48 AM
 #37

1. China shuts down Bitcoin?  Huh

2. Bitcoin Drops.  Shocked

3. China Buys cheaper Bitcoins.  Wink Grin

4. Bitcoin soars.  Shocked

i guess it isn't just purely Chinese citizen's that caused the hue deep we had experienced for the past days.
and i also believe that there isn't that much of Chinese investors to cause all of what happened.
there are whales who have surely participated in the events that happened.

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January 18, 2018, 02:21:04 AM
 #38

1. China shuts down Bitcoin?  Huh

2. Bitcoin Drops.  Shocked

3. China Buys cheaper Bitcoins.  Wink Grin

4. Bitcoin soars.  Shocked

That is their "trading politics". They are able to monopolize world trade including cryptocurrency. In the crypto market alone, they almost dominate 67% of the market. So, with a single hit "bitcoin and hundreds of altcoin" into a sea of red.
China is destructive, China also builds.

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