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Author Topic: Are trading and other sources of crypto currencies are crashing down?  (Read 175 times)
rhamzter (OP)
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February 05, 2018, 02:38:51 PM
 #1

Bitcoin together with the other crypto currencies are declining their value, it is real that digital currencies are shutting down in different countries?

Many nation stated that trading, investing and other sources of crypto currencies are suspended is this for real or false alarm?
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Gabz999
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February 05, 2018, 02:52:02 PM
 #2

Bitcoin together with the other crypto currencies are declining their value, it is real that digital currencies are shutting down in different countries?

Many nation stated that trading, investing and other sources of crypto currencies are suspended is this for real or false alarm?
Clearly this is only a false alarm and part of the big whales plan to make the price low and for them to buy it low. Don't hear about shutting down crypto in different countries but I think they only regulates the use in their country.
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February 05, 2018, 02:59:35 PM
 #3

Bitcoin together with the other crypto currencies are declining their value, it is real that digital currencies are shutting down in different countries?

Many nation stated that trading, investing and other sources of crypto currencies are suspended is this for real or false alarm?
Hoax can be deceiving but you need not to be alarmed by that it is only normal if all the coins decline so quickly it happens sometimes. The hoax is the one the threatens the crypto market why? Because we all know that people only recognizes the mistakes not the significant purpose of it. This hoax can also be part of the reason it is declining.
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February 05, 2018, 03:13:57 PM
 #4

Bitcoin together with the other crypto currencies are declining their value, it is real that digital currencies are shutting down in different countries?

Many nation stated that trading, investing and other sources of crypto currencies are suspended is this for real or false alarm?

Who is controlling bitcoin/cryptocurrency that they would be able to shut down? Is there any government, bank or any regulator? The answer is "NO".
Bitcoin/cryptocurrency will stay forever no matter what governments do, ban/declares illegal or whatever.

What do you think of those citizens of those countries who already banned cryptocurrency, aren't they using/investing in cryptocurrency?
If not all, then 90% of those citizens are still involved in cryptocurrency. One way or the other way they will stay lifelong.
Peoples will create their own root (in & out) for cryptocurrency under the nose of governments.

It is true that market has fallen a lot, but it's very normal. Strong hands won't sell now, rather they will hodl or buy more.

Do you heard the theory "Buy in rumor and sell in news." So now its the rumor time in my opinion.
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February 05, 2018, 05:32:49 PM
 #5

The only confirmed news so far is that China are going to further crack down on cryptocurrencies and will block access to even foreign trading sites etc. They'll do this the same way they limit their citizens from accessing sites such as Facebook. Any other stories you hear are not confirmed and are just FUD.

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frowsiter
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February 05, 2018, 05:55:32 PM
 #6

Bitcoin together with the other crypto currencies are declining their value, it is real that digital currencies are shutting down in different countries?

Many nation stated that trading, investing and other sources of crypto currencies are suspended is this for real or false alarm?


I dont think that there is really countries banning the whole idea of the crypto currencies. They are just asking the change in the rules and regulations of the bitcoin and/or altcoins so that they can be used with legal tenders in the country and internationally as well. Even the news coming from India that they are going to invest into crypto to see how they can be regulated and thats one of the agenda that they are having. So its not just like that we are bad news all over but there are good news too. We should bring up such news in front of the world and then we can see how the market is emerging in the reality. Its juts that negative news spreads faster than the positive one hence we need to wait a lot. Lets hope for the best storm to come.
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February 05, 2018, 06:36:00 PM
 #7

All these news are all misquoted news from the journalist and their paymasters who want to destroy Bitcoin. The bitcoin holders are also playing into their hands by panic selling  their holdings. Hold your bitcoin do not sell in panic and sell at loss. 
btc_angela
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February 05, 2018, 07:32:43 PM
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 #8

Bitcoin together with the other crypto currencies are declining their value, it is real that digital currencies are shutting down in different countries?

Many governments are trying to put a clamp on crypto which put tremendous pressure on the market price. Now is almost half of what we see during its peak on December.

Many nation stated that trading, investing and other sources of crypto currencies are suspended is this for real or false alarm?

This is real as it gets, however, I firmly believed that we can still go back to our previous high. Its that the attack on crypto seems very obvious and coordinated. But we all know that eventually we will bounce back.

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February 05, 2018, 07:35:20 PM
 #9

All these news are all misquoted news from the journalist and their paymasters who want to destroy Bitcoin. The bitcoin holders are also playing into their hands by panic selling  their holdings. Hold your bitcoin do not sell in panic and sell at loss. 

Not only that but they want to write articles that will caught people attention so they start to read their news and spend more time on their website. Which is why some news websites even use clickbait titles and as some people simply skim through headlines they see FUD around non-stop. It's hard to believe somebody these days as you always have to do extra digging.
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February 05, 2018, 07:41:03 PM
 #10

No way to shut crypto down, that is the big attraction to it. Nothing to do with the manipulating elite

Gaaara
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February 05, 2018, 07:52:20 PM
 #11

Bitcoin together with the other crypto currencies are declining their value, it is real that digital currencies are shutting down in different countries?

Many nation stated that trading, investing and other sources of crypto currencies are suspended is this for real or false alarm?

I never heard of a country that will shut down crpyto, only china bans all of the exchanges and for other countries they only regulates trading and investing. I don't see any reason for a country to suddenly shut down a source of income of some of their people.

It's part of the crypto cycle, it happens every year and each time it hits a rock bottom crypto starts to double its current status and for that we should be thankful and be patient for the time of harvest to come.



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btc_angela
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February 05, 2018, 08:02:03 PM
 #12

Bitcoin together with the other crypto currencies are declining their value, it is real that digital currencies are shutting down in different countries?

Many nation stated that trading, investing and other sources of crypto currencies are suspended is this for real or false alarm?

I never heard of a country that will shut down crpyto, only china bans all of the exchanges and for other countries they only regulates trading and investing. I don't see any reason for a country to suddenly shut down a source of income of some of their people.

It's part of the crypto cycle, it happens every year and each time it hits a rock bottom crypto starts to double its current status and for that we should be thankful and be patient for the time of harvest to come.

Bangladesh and Indonesia did ban crypto already. They even raided few restaurants and bars in Bali because its somewhat a center for bitcoin trading. We all know that there are tourist that frequent that place, so Indonesia banning it will have impact on its tourism.

Well, you never heard of the reasons why countries are banning it? The don't care about their citizens, then are afraid that crypto is so disruption that it can negatively impact their economics and financial system.

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audrey12
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February 05, 2018, 08:04:41 PM
 #13

Bitcoin together with the other crypto currencies are declining their value, it is real that digital currencies are shutting down in different countries?

Many nation stated that trading, investing and other sources of crypto currencies are suspended is this for real or false alarm?
Suspension is really happening to some market, unfortunately while there was issue on banned exchanges in some countries the value of bitcoin and all other alts decline so bad these days, but we must have to show our continue support in bitcoin and hold our coin because the more we sell out our bitcoin the more reason why the price should drop and then we lose so much.
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February 05, 2018, 08:06:01 PM
 #14

Bitcoin together with the other crypto currencies are declining their value, it is real that digital currencies are shutting down in different countries?

Many nation stated that trading, investing and other sources of crypto currencies are suspended is this for real or false alarm?
Just as false alarm since even though we can see some several countries are making regulation or prohibition but yet it doesnt mean that it would it be the main reason why we are crashing down. Sources is the community itself. Crash is due to panic sell and profit taking and with some fundamentals market is really being affected but not totally the reason we would end this crypto era.
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February 06, 2018, 02:22:30 AM
 #15

Bitcoin together with the other crypto currencies are declining their value, it is real that digital currencies are shutting down in different countries?

Many nation stated that trading, investing and other sources of crypto currencies are suspended is this for real or false alarm?
Do not get too alarmed there is a lot of rumors going on right now, and people are selling their coins thinking the market is never going to recover, the declining of value is real and we only need to take a look at the markets to corroborate that, but like always people are exaggerating but I suppose I cannot blame them that much since many people are losing a fortune with this decrease in the price.
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February 06, 2018, 07:47:45 AM
 #16

Many media create a bad news about bitcoin and other cryptocurrency. Unfortunately media have important role in bitcoin price increasing. Actually there are many countries which already accept bitcoin and embrace the blockchain technology. Why they are not spread good news like that?. Maybe they are not neutral. Or maybe government do interventions to media.

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February 06, 2018, 09:02:50 AM
 #17

Bangladesh and Indonesia did ban crypto already. They even raided few restaurants and bars in Bali because its somewhat a center for bitcoin trading. We all know that there are tourist that frequent that place, so Indonesia banning it will have impact on its tourism.

Well, you never heard of the reasons why countries are banning it? The don't care about their citizens, then are afraid that crypto is so disruption that it can negatively impact their economics and financial system.

To be fair, a lot of these "raids" and "crackdowns" are a direct result of public pressure for the authorities to clamp down on activities not actually related to, but using Bitcoin as either a means of payment or the bait to lure unsuspecting members of public. I'm simply recalling the number of police reported cases in Bangladesh and India where scammers robbed people after luring them on Localbitcoins with cheap face-to-face deals.

Of course, it is only natural that the link to Bitcoin is misconstrued, but as the government, they can only err on the side of caution until they fully grasp what Bitcoin is. Remember that it's still very misunderstood.

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think3214
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February 06, 2018, 09:18:26 AM
 #18

Bitcoin together with the other crypto currencies are declining their value, it is real that digital currencies are shutting down in different countries?

Many nation stated that trading, investing and other sources of crypto currencies are suspended is this for real or false alarm?
Some countries block the crypto deal is absolutely right. Recently China has ordered blocking all sites related to crypto transactions. This provision has made bitcoin investors abandon the crypto market. and other countries such as India, Korea, are also strict policies with crypto. They are protecting the interests of their country. The crypto market will fall sharply in the future.
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February 06, 2018, 08:03:56 PM
 #19

Bitcoin together with the other crypto currencies are declining their value, it is real that digital currencies are shutting down in different countries?

Many nation stated that trading, investing and other sources of crypto currencies are suspended is this for real or false alarm?
You cannot shut down bitcoin,the best any government can do is to restrict the flow of money and most of the government will be coming out with regulations in order to tackle illegal funds and they need to monitor the flow of money,other than that there wont be any permanent ban,may be some third world countries might come up,but not every country.
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