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Author Topic: China Is making Fuds Since 2017, But BTC Always Gone higher  (Read 501 times)
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September 30, 2021, 08:29:47 PM
 #41

China has been making FUDs forever. Just ignore them. They are just trying to undermine bitcoin and all other decentralized crypto currencies. Let them make their own digital currency and let them use it. It no longer matters what they think about bitcoin. I can assure you, China accepting bitcoin or banning will have no influence on the price of bitcoin. In the long run, BTC will always go higher.

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September 30, 2021, 09:35:28 PM
Merited by YOSHIE (1)
 #42

In my point of views biggest whales always Do this with china so they can crash crypto market. So they they get always lower entries and they get higher returns to create fomo when bull market happens.

If whales were collaborating with China to cause fud so it favours them, then the whales has to be the Chinese government themselves because it'll be unprofitable for China to be collaborating with the whales you're taking about and China doesn't engage themselves in unprofitable businesses. What you would had said and it'll understandable is the whales taking advantage of the china fuds to manipulate the market.

The later scenario is exactly what has been ongoing for years now in the industry, each time China issues a ban the whales take advantage of it by causing more fud either through false rumors or exaggerating the ban and the News outlets has been an accomplish to this fraud.  

For the price in the op to be recorded again, it will take more than China banning Bitcoin or related services, maybe if United States joins in on the ban then it'll lead to more fud which the market will react negativity to and this could lead to lower lows.

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September 30, 2021, 09:51:49 PM
 #43

Hi guys as mostly readers would be crypto related. And China is Always big market crasher. In my point of views biggest whales always Do this with china so they can crash crypto market. So they they get always lower entries and they get higher returns to create fomo when bull market happens. So what are are your thoughts about China. If they crash crypto to 20,000 Dollars or not in coming months.

Even how bad thoughts they're sharing towards the world, these china men won't be successful because people these days had been wiser enough to determine their plans out of desperation. Don't be fooled by this speculations, Im pretty sure they paid a lot of dollars just to deceive many traders as they could. Coming months will be prosperous, just trust the system.
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September 30, 2021, 10:00:50 PM
 #44

Hi guys as mostly readers would be crypto related. And China is Always big market crasher. In my point of views biggest whales always Do this with china so they can crash crypto market. So they they get always lower entries and they get higher returns to create fomo when bull market happens. So what are are your thoughts about China. If they crash crypto to 20,000 Dollars or not in coming months.

Even how bad thoughts they're sharing towards the world, these china men won't be successful because people these days had been wiser enough to determine their plans out of desperation. Don't be fooled by this speculations, Im pretty sure they paid a lot of dollars just to deceive many traders as they could. Coming months will be prosperous, just trust the system.

how many times did china ban crypto-related activities, and yet, bitcoin and crypto continue to thrive and even achieving greater heights? the adoption today is different as more countries are now open-minded with these new currencies. i don't know the motive of china why they seemed to move backward here. but don't think they can end the era of bitcoin and crypto. that's far from happening.

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September 30, 2021, 10:08:58 PM
 #45

Hi guys as mostly readers would be crypto related. And China is Always big market crasher. In my point of views biggest whales always Do this with china so they can crash crypto market. So they they get always lower entries and they get higher returns to create fomo when bull market happens. So what are are your thoughts about China. If they crash crypto to 20,000 Dollars or not in coming months.

Even how bad thoughts they're sharing towards the world, these china men won't be successful because people these days had been wiser enough to determine their plans out of desperation. Don't be fooled by this speculations, Im pretty sure they paid a lot of dollars just to deceive many traders as they could. Coming months will be prosperous, just trust the system.
I think China is just making this FUD to manipulate the market again and when the prices get dumped, eventually some traders start panic selling, and that's the time China will start making a low entry. So at the  end of the day, China will seize the opportunity through buying in dips. That's how China works secretly for their own selfish country. But bitcoin gets even higher after every dip. This is the reason why most of the Chinese people get even more attracted to bitcoin and eventually buy them and hold for long term even if their country has banned it a multiple times. But i don't think this year's manipulation will still affect the market anymore. The market was already in dips before this banning comes out and some potential coins are even starting to recover from its dips.

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September 30, 2021, 10:20:15 PM
 #46

Hi guys as mostly readers would be crypto related. And China is Always big market crasher. In my point of views biggest whales always Do this with china so they can crash crypto market. So they they get always lower entries and they get higher returns to create fomo when bull market happens. So what are are your thoughts about China. If they crash crypto to 20,000 Dollars or not in coming months.
I am an investor and have invested in BTC for many years and the things China has done about this have been repeated since I entered this market and it has bored me with it. What China is trying to do right now to have a big impact on the market. Perhaps this time China has gone too far. I think China should give its citizens freedom in economic activity. I heard that China helps its citizens build businesses but it is disappointing that China has bad regulations on bitcoin and other cryptocurrencies. And the price could be higher later this year if what is happening is repeating the same thing as I speculate.

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September 30, 2021, 10:22:49 PM
 #47

Hi guys as mostly readers would be crypto related. And China is Always big market crasher. In my point of views biggest whales always Do this with china so they can crash crypto market. So they they get always lower entries and they get higher returns to create fomo when bull market happens. So what are are your thoughts about China. If they crash crypto to 20,000 Dollars or not in coming months.

Even how bad thoughts they're sharing towards the world, these china men won't be successful because people these days had been wiser enough to determine their plans out of desperation. Don't be fooled by this speculations, Im pretty sure they paid a lot of dollars just to deceive many traders as they could. Coming months will be prosperous, just trust the system.

how many times did china ban crypto-related activities, and yet, bitcoin and crypto continue to thrive and even achieving greater heights? the adoption today is different as more countries are now open-minded with these new currencies. i don't know the motive of china why they seemed to move backward here. but don't think they can end the era of bitcoin and crypto. that's far from happening.
Many times they do that but unfortunately they didn't succeed to dump more the value of it since they are also a accumulator at the dip that's why we can see them became quite after the fud hit and they successfully drop the market. And I don't think they can end the era of bitcoin since they are not the only country who's using this and many people in different country is using it already so they will find it hard to do that. The only thing they could do is to spread fear and make people panic to manipulate so hopefully more people will notice this so that they will not bothered by the moves made by China.

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September 30, 2021, 10:31:23 PM
 #48

China is a big country in this world. This influence on crypto is actually very high, They always spread FUD every time the price is coming to rise up in order to make any drop. But we don't know the right reasons behind it, whether they really want the price drop because they dislike crypto, or they want to control Bitcoin, make the price dip, and then get many more Bitcoin to prepare before the next pump.

We also actually realize that with or without those FUDs, Bitcoin price will always skyrocket moreover if the cycle of halving has been finished and the price will commonly create new ATH. But on the other side, we may not underestimate what China can do, although it may only influence for a certain short time, it exactly will give a big impact at that time.

R


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September 30, 2021, 11:17:16 PM
 #49

China is a big country in this world. This influence on crypto is actually very high, They always spread FUD every time the price is coming to rise up in order to make any drop. But we don't know the right reasons behind it, whether they really want the price drop because they dislike crypto, or they want to control Bitcoin, make the price dip, and then get many more Bitcoin to prepare before the next pump.

We also actually realize that with or without those FUDs, Bitcoin price will always skyrocket moreover if the cycle of halving has been finished and the price will commonly create new ATH. But on the other side, we may not underestimate what China can do, although it may only influence for a certain short time, it exactly will give a big impact at that time.
China is a big influenced country and it keeps manipulating the market in the previous years. But i think this time, the market is not affected that much as it is before. There might be minor dumps but we have seen that the market is starting to recover again. So maybe in the later part, China will not affect the market anymore. And as the adoption of bitcoin continues, there will more bigger countries who will start to backed up bitcoin and support it all the way. Whatever China plans in the market for their own advantage, it will never be as relevant as it was.

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October 01, 2021, 03:41:21 AM
 #50

China is a big influenced country and it keeps manipulating the market in the previous years. But i think this time, the market is not affected that much as it is before. There might be minor dumps but we have seen that the market is starting to recover again. So maybe in the later part, China will not affect the market anymore. And as the adoption of bitcoin continues, there will more bigger countries who will start to backed up bitcoin and support it all the way. Whatever China plans in the market for their own advantage, it will never be as relevant as it was.

Your conspiracy theories doesn't make any sense and actually they sound laughable. The intention from Chinese regime is not to manipulate the cryptocurrency market, but to protect its fiat economy and national currency from the aggression by Bitcoin. Already China is having one of the highest cryptocurrency trading volumes in the world and a lot of investors have used it as a medium to move their funds abroad. At least the younger generation prefers cryptocurrency over other overpriced assets, and the regime views it as a threat to the national economy.

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October 01, 2021, 06:40:34 PM
 #51

China is a big influenced country and it keeps manipulating the market in the previous years. But i think this time, the market is not affected that much as it is before. There might be minor dumps but we have seen that the market is starting to recover again. So maybe in the later part, China will not affect the market anymore. And as the adoption of bitcoin continues, there will more bigger countries who will start to backed up bitcoin and support it all the way. Whatever China plans in the market for their own advantage, it will never be as relevant as it was.
Because, people already realized that they are just making FUD and that is it, they are not actually doing something that would impact us, maybe impact Chinese people but not us because we just do not care about what they are doing anymore, they do not have any financial power to hurt us anymore since they keep banning it.

It means that we are in a situation where China "talks" about crypto as if it was a bad thing but if we let them do something, they couldn't because they do not have the power for it since they do not own it since it is banned. They basically took themselves out of the calculation and which is why people do not care about them as much as we used to.
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October 01, 2021, 09:41:42 PM
 #52

China has been creating FUD for so many years, mostly to the detriment of its own people, and aid to that domestic elite often comes at the expense of ordinary people's death. Their latest actions sometimes include kidnapping wealthy industry leaders to remind them that living under their dominance is not a viable and profitable business idea. any what news from china can determine the price of bitcoin i won't care anymore its all just scam news for all our investors to sell cheap BTC china whales they will Start collecting at the lowest price in the market.

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October 01, 2021, 09:56:36 PM
 #53

Hi guys as mostly readers would be crypto related. And China is Always big market crasher. In my point of views biggest whales always Do this with china so they can crash crypto market. So they they get always lower entries and they get higher returns to create fomo when bull market happens. So what are are your thoughts about China. If they crash crypto to 20,000 Dollars or not in coming months.
Market crasher? This isnt something new knowing that China is one of the super powers in the world then theres no doubt that anything that they do and decide in connection with the crypto market would really be having some significant impact but it doesnt mean that it would really be a reason for it to die.We arent blind that on how many times they had tried out to but still the market do make out some good recovery
and instead able to reach up new all time highs compared it was before which simply shows out that no fundamentals could really give out full effect on bitcoin itself.

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October 02, 2021, 01:42:31 AM
 #54

There's no news that "isn't true" in this case, which is why it's not FUD.  China announces that all crypto transactions are illegal, but some crypto enthusiast tweets China loves bitcoin and it's not banned.  Somehow, I think the actual government has better information on what is banned and what is illegal than someone who has a vested interest in crypto not being banned.  I don't know what the opposite of FUD is, but if what you say about Justin Sun is true, then he's clearly spreading it by posting things that are demonstrably not true about crypto in China.

I checked his (Justin Sun's) Twitter account and all he said is ”not to be too pessimistic.” How you want to interpret this is up to you. He is claiming that there is no ban on "cryptocurrency possession". I am not sure about this. When they are saying that all the cryptocurrency transactions are illegal, my understanding is that it includes the storage of cryptocurrency as well. The writing on the wall is clear. The regime is quite determined this time and they want to wipe out the usage of cryptocurrency in mainland China (probably also from Hong Kong, if they are able to do that).

Well sure, "don't be too pessimistic" when China is clearly signalling its intentions with regards to crypto is exactly what I mean by someone spreading the "opposite of FUD."  It's the same degree of wrong, just in the opposite direction.  In this case, China has told everyone point-blank what is happening, and this doofus is spreading misinformation that's directly opposite of what the first-hand information sources are saying.

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October 02, 2021, 04:55:49 AM
 #55

how many times did china ban crypto-related activities, and yet, bitcoin and crypto continue to thrive and even achieving greater heights? the adoption today is different as more countries are now open-minded with these new currencies. i don't know the motive of china why they seemed to move backward here. but don't think they can end the era of bitcoin and crypto. that's far from happening.

The cryptocurrency platform today can be classified as a much grown community where the fud even from the one of powerful country in the world couldn't take the crypto platform down just because they decided to declare it as illegal tender in their country. Though China has a largest population in the world but it doesn't mean that this might greatly affect the performance of bitcoin or the crypto platform in general in the market today because now more people around the world are open minded to adopt the newest and the revolutionary financial aspect and this is I think the reason why bitcoin or crypto platform stay strong despite of the FUD.
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October 02, 2021, 05:11:27 AM
 #56

China has been making FUDs forever. Just ignore them. They are just trying to undermine bitcoin and all other decentralized crypto currencies. Let them make their own digital currency and let them use it. It no longer matters what they think about bitcoin. I can assure you, China accepting bitcoin or banning will have no influence on the price of bitcoin. In the long run, BTC will always go higher.

Exactly and that is already happening, as of yesterday the cryptocurency market was green and Bitcoin wasn't the only beneficiary as other cryptocurrency recieved some attention as well. As the years goes by, the fud from China becomes less impactive on the market on the long run. Initially there could be some panic but those are simply manipulated as the market kinds of bounce back immediately as we recorded yesterday.

Newbie (and old users with doubts) don't have to panic when this news are published by trying to outsmart the market as in times like, trading could be very dangerous as the market is always too volatile. Leave the trading for the professional, the most productive way to handle this is by holding unto your Bitcoin and if there are spare funds you take advantage of this discount and buy more.

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October 02, 2021, 05:46:49 AM
 #57

how many times did china ban crypto-related activities, and yet, bitcoin and crypto continue to thrive and even achieving greater heights? the adoption today is different as more countries are now open-minded with these new currencies. i don't know the motive of china why they seemed to move backward here. but don't think they can end the era of bitcoin and crypto. that's far from happening.

The cryptocurrency platform today can be classified as a much grown community where the fud even from the one of powerful country in the world couldn't take the crypto platform down just because they decided to declare it as illegal tender in their country. Though China has a largest population in the world but it doesn't mean that this might greatly affect the performance of bitcoin or the crypto platform in general in the market today because now more people around the world are open minded to adopt the newest and the revolutionary financial aspect and this is I think the reason why bitcoin or crypto platform stay strong despite of the FUD.

Though bigger countries and there FUD can't take down the crypto today then also the fear is real. The problem is with the FUD and it's after effect! If you see, whenever there is FUD (mostly from China) then crypto will crash to hell and you will start seeing the bloodbath everywhere. When BTC goes down the road, the alts follow excluding few exceptions.

The problem with this economic model is it's poor in handling such stress situation; followed by main reason of volatility.

Crypto is not staying strong really, it's being manipulated by that country and somehow I feel they are making money by that strategy. Its bad for bitcoin's economic model.
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October 02, 2021, 01:48:16 PM
 #58

Crypto is not staying strong really, it's being manipulated by that country and somehow I feel they are making money by that strategy. Its bad for bitcoin's economic model.

China has had a bad opinion of Bitcoin at least since 2013 when the first bans began, but the real problem is not in China, but in those who still firmly believe that the country should have any meaning when it comes to Bitcoin. Therefore, I do not see a problem in the fact that China from time to time refines or tightens a rule, but that it is used by various speculators to bring down the price and thus buy cheaply and, as already countless times, profit from it.

The crypto market is simply still extremely manipulative, those who know how to use the media and any bad news can literally make something that looks really bad out of insignificant news. When we add to this that surely about 80% of people involved in the world of cryptocurrencies do not know some basics, then it is clear how easy it is to get them to panic, and panic is like a virus that spreads at an alarming rate.

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October 02, 2021, 02:13:00 PM
 #59

It's actually funny that it's even a coincidence at the same time because after some time when China does something that's negatively affecting bitcoin, just waiting for some time is going to result in a big pump.
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October 02, 2021, 03:27:13 PM
 #60

China has been creating FUD for so many years, mostly to the detriment of its own people, and aid to that domestic elite often comes at the expense of ordinary people's death. Their latest actions sometimes include kidnapping wealthy industry leaders to remind them that living under their dominance is not a viable and profitable business idea. any what news from china can determine the price of bitcoin i won't care anymore its all just scam news for all our investors to sell cheap BTC china whales they will Start collecting at the lowest price in the market.
Well, that's what they've been doong ever since the days of the Not So Great Chairman Mao, they still think that their leader cares for them so they always believe in them even though it's for the worse.

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