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VitKoyn
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February 07, 2018, 01:01:20 PM |
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China blocks access to the markets with its huge Great Firewall of China. Any and all websites offering cryptocurrency trading services or advertising the digital currency market have been scrubbed from search engines and social media in China in a bid to wipe out the trade.
BTC will go down to $1k within next 30-60 days and it will be close to $0 before 2019. Sell it now.
Do you really think that only china is the big player here that can make Bitcoin price skyrocket? lol. There are lots of country that have legalized the use of Bitcoin and other cryptocurrency and yet you still think that its price will fall to $0? That's not possible as long as there are people who wants to invest or have interest in Bitcoin. Look at the price of Bitcoin right now, from $6000 it is now increased to $8200+ which is a good sign that it can continue to increase more soon and Bitcoin is here to stay. China cannot stop cryptocurrency trading under their territory, they can stop those local and block foreign exchange but not the otc. |
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rayk
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February 07, 2018, 01:10:26 PM |
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I hope so! so I can buy more, but I don't think it will fall again, I even do not think it can fall to $5000 because I am seeing huge buy walls, there was an great exchange at these levels.
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PartyPete
Member
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Activity: 193
Merit: 10
Do you like to Party?
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February 07, 2018, 01:13:08 PM |
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China blocks access to the markets with its huge Great Firewall of China. Any and all websites offering cryptocurrency trading services or advertising the digital currency market have been scrubbed from search engines and social media in China in a bid to wipe out the trade.
BTC will go down to $1k within next 30-60 days and it will be close to $0 before 2019. Sell it now.
Really dude? China banned ICO last year yet the market strives without them. Yes, they do impact the market at large but them alone can't shut down Crytocurrency. The pricing is now at 8500 usd. 1k usd within the next month? FUD alert. |
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European Central Bank
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Activity: 1288
Merit: 1087
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February 07, 2018, 01:20:37 PM |
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China is now officially toothless. They've removed themselves from the game.
I am curious to know how many Chinese traders headed to Korea and Japan but even if they did it can only have been crypto only. No way they'd be able to move fiat in or out.
Is this China's final wheeze before expiring? Guess so.
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Silberman
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Activity: 2716
Merit: 1387
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February 07, 2018, 06:14:41 PM |
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China is now officially toothless. They've removed themselves from the game.
I am curious to know how many Chinese traders headed to Korea and Japan but even if they did it can only have been crypto only. No way they'd be able to move fiat in or out.
Is this China's final wheeze before expiring? Guess so.
This, now those that want to invest in bitcoin will have to do it out of the sight of the government but with such a block the Chinese government is losing any kind of influence in bitcoin, while there is no doubt that bitcoin was a threat to them now they are going to be left behind by the rest of the world that decides to not ban bitcoin and use it, it is interesting how one country can go from being the leader of an industry to being nothing more than a spectator. |
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Tienquyendahn
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Activity: 113
Merit: 10
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February 07, 2018, 06:16:03 PM |
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just another fud. I don't believe China can stop crypto world
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sofi@
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February 07, 2018, 09:26:50 PM |
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China blocks access to the markets with its huge Great Firewall of China. Any and all websites offering cryptocurrency trading services or advertising the digital currency market have been scrubbed from search engines and social media in China in a bid to wipe out the trade.
BTC will go down to $1k within next 30-60 days and it will be close to $0 before 2019. Sell it now.
No one here can tell if bitcoin will going to die and be valued at $0. I don't even believe bitcoin can drop as low as $1000 especially now that it seems to recover and reach $8000 again. China can make such announcement of bitcoin banned and closing exchanges but it can never be a reason for bitcoin to die. It will continue to circulate in the market and appreciate even better. |
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Oceat
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February 07, 2018, 11:02:20 PM |
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China blocks access to the markets with its huge Great Firewall of China. Any and all websites offering cryptocurrency trading services or advertising the digital currency market have been scrubbed from search engines and social media in China in a bid to wipe out the trade.
BTC will go down to $1k within next 30-60 days and it will be close to $0 before 2019. Sell it now.
No one here can tell if bitcoin will going to die and be valued at $0. I don't even believe bitcoin can drop as low as $1000 especially now that it seems to recover and reach $8000 again. China can make such announcement of bitcoin banned and closing exchanges but it can never be a reason for bitcoin to die. It will continue to circulate in the market and appreciate even better. These FUD users keep teasing it as if they really controls the market, however China is not the only place that cryptocurrency revolving around them. We do have 195 countries and that's a lot of people to make a change the price, not just only China. And to be honest they really bring a big changes in crypto since they joined it but most of the people are not that worthy to acknowledge the essence of Bitcoin. |
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bitkanu
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February 07, 2018, 11:54:39 PM |
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It's fun to see how the market domination from china which few years ago is about 60% decreasing to less than 10% and now will become 0% but here we are, bitcoin still stand srong. Believe it or not, so many chinese people have migrated to other countries which cryptocurrencies friendly. Can't blame that, it's better to move to another country and being rich than staying but becoming poor. just another fud. I don't believe China can stop crypto world
Exactly, the speculation which was made by OP clearly a pointless fud  |
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batang_bitcoin
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February 08, 2018, 12:44:27 AM |
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China blocks access to the markets with its huge Great Firewall of China. Any and all websites offering cryptocurrency trading services or advertising the digital currency market have been scrubbed from search engines and social media in China in a bid to wipe out the trade.
BTC will go down to $1k within next 30-60 days and it will be close to $0 before 2019. Sell it now.
Man please stop spreading fake news throughout the forum. We don't really care if China block access to markets because they are really doing that and they have even blocked facebook and made their only own social media that only them can use it. And besides the news about China's movement with ICO's it was last year and look on how the market reacted, crypto is still alive and saying such thing that it could go to $0? You are damn out of your mind. |
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xfaqs01
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February 08, 2018, 12:47:35 AM |
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China blocks access to the markets with its huge Great Firewall of China. Any and all websites offering cryptocurrency trading services or advertising the digital currency market have been scrubbed from search engines and social media in China in a bid to wipe out the trade.
BTC will go down to $1k within next 30-60 days and it will be close to $0 before 2019. Sell it now.
This is clearly a FUD the whole cryptoverse doesnt revolved only in china, there is a whole lot of countries supporting bitcoin/cryptocurrency, and right now bitcoin is slowly on its way up the hill! |
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KwizatzHaderach
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February 08, 2018, 12:52:42 AM |
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China hell-bent on banning cryptos since it will undermine the government's control of the masses. Probably will hear that they will go the same way as India - creating a ChinaCoin maybe.
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fabiorem
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February 08, 2018, 01:02:08 AM |
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China hell-bent on banning cryptos since it will undermine the government's control of the masses. Probably will hear that they will go the same way as India - creating a ChinaCoin maybe.
This is just the usual FUD. The chinese government do that on purpose just to accumulate more coins. Remember, fear is the mindkiller. Just let it pass through you, touch your nerves and go away. |
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Silberman
Legendary
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Activity: 2716
Merit: 1387
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February 11, 2018, 06:29:16 PM |
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China hell-bent on banning cryptos since it will undermine the government's control of the masses. Probably will hear that they will go the same way as India - creating a ChinaCoin maybe.
And who is going to use that Chinacoin? The reason the Chinese were using bitcoin was to escape the control of their government, a Chinacoin is only going to be more of the same and with the possibility it is even worse than their fiat, so a Chinacoin is not going to gain a lot of success among the smart people in China that were using bitcoin, so their only options will be to accept the decision or to try to get crypto anyway. |
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bitbunnny
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Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
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February 11, 2018, 06:36:48 PM |
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Why everyone behaves like the China is the only country in the world? Just because they maybe have the majority of big mining farms that doesn't mean they can decide the future of Bitcoin and other cryptocurrencies on their own. China is not the only thing that influence on Bitcoin price. Besides, so many times we have seen that news from China were exaggerated.
Stop spreading the drama and fud and be rational.
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