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Author Topic: China Is making Fuds Since 2017, But BTC Always Gone higher  (Read 508 times)
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October 02, 2021, 06:58:10 PM
 #61

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.
It's just like when China seems to create more FUDS so that people will stop investing in bitcoin, but it even keeps more people to get interested in bitcoin. And what the Chinese government is doing right now is that they expect that after what they did the crypto market will dump, but it even created more chances to pump. This proves that bitcoin is no longer affected with China anymore and even if how many times they will ban bitcoin and other crypto transactions, bitcoin price will never get back into $20k or below than that.

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October 02, 2021, 08:12:51 PM
 #62

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.
True. It's not coincidental but it's actually the result of their FUD that has been spread. The long term investors knows what China is up and they won't just settle for it.
Again and again, they'll keep on doing the ban waves for the market to crash and then eventually, who's buying all of those sold bitcoins at cheap price? It's likely them together with the whales to make more money. We're on a better run this time.



 

 

 

 

 

 


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October 03, 2021, 03:15:04 AM
 #63

I have read reports claiming that after three decades of experimentation with capitalism, the CCP want to go back to pure socialism (like the one which exists in Cuba and North Korea). Their adoption of capitalism resulted in an improvement in the living standards for 99% of the citizens, but some of the CCP officials believe that it has resulted in weakening of their power and dominance over the population. They believe that the economy has reached a point where it can sustain even under a socialist system. Only time will tell whether this is going to be a massive misstep or not.

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October 03, 2021, 04:32:15 PM
 #64

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.
It doesn't crash as much as it used to, that is a good thing for us really. I understand that it still has an impact but I remember China being able to drop the price 50% all by itself for a long time, even in 2021 when they said miners will not be allowed, that was a big crash, now they made it fully illegal to do transactions and exchanges and it didn't do a 50% anymore.

So, I assume that we are going to the right direction, it is certainly something I would love to see more of as well. I would guess that it is something that is proven to be hurtful to crypto but it is an exterior thing that we can't stop, China can create as many FUDs as they can and we can't stop them, so all we have to learn is to ignore them.

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October 03, 2021, 06:02:57 PM
 #65

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.
Even if at some point in the future China changed their stance about bitcoin and they told the world they will accept it unconditionally, who in his right mind is going to believe them?

The government of China is losing an historical opportunity, they had bitcoin literally on their backyard and they could have taken advantage of it, this could have created the side-effect of their citizens achieving more freedom than ever before but they could have undermined the dollar and gain a competitive advantage over it, and now not only they will not gain that advantage but bitcoin adoption will begin to play against them as well.
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October 04, 2021, 03:05:01 AM
 #66

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.

One of the things why I like the China FUD is because the price of BTC will go up, it always is, when there was the problem with the miners leaving China, the price took a nice bullish turn, when China does a movement against BTC, other countries take advantage of it. It is strange that a country like China that is so big does not accept BTC technology, nor its alternative economy, sometimes I think that the big whales of BTC reside in China, because when looking at the market from the speculative point of view of the market, when They start their FUD, the market goes down, but from one moment to another the market has a big bullish rally.

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October 04, 2021, 03:18:45 AM
 #67

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.

One of the things why I like the China FUD is because the price of BTC will go up, it always is, when there was the problem with the miners leaving China, the price took a nice bullish turn, when China does a movement against BTC, other countries take advantage of it. It is strange that a country like China that is so big does not accept BTC technology, nor its alternative economy, sometimes I think that the big whales of BTC reside in China, because when looking at the market from the speculative point of view of the market, when They start their FUD, the market goes down, but from one moment to another the market has a big bullish rally.


China doesn't care about their citizens having freedom, not in politics, not in economics, and not in any other aspect of their society.  China honestly isn't losing any type of opportunity because the benefits of bitcoin don't offer any type of benefit to the ccp.  People need to get over the china thing already.  Bitcoin and china are incompatible.  It doesn't matter to bitcoin if china bans it, and it doesn't matter to china if they don't have bitcoin.

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October 04, 2021, 08:31:40 AM
 #68

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.

One of the things why I like the China FUD is because the price of BTC will go up, it always is, when there was the problem with the miners leaving China, the price took a nice bullish turn, when China does a movement against BTC, other countries take advantage of it. It is strange that a country like China that is so big does not accept BTC technology, nor its alternative economy, sometimes I think that the big whales of BTC reside in China, because when looking at the market from the speculative point of view of the market, when They start their FUD, the market goes down, but from one moment to another the market has a big bullish rally.


China doesn't care about their citizens having freedom, not in politics, not in economics, and not in any other aspect of their society.  China honestly isn't losing any type of opportunity because the benefits of bitcoin don't offer any type of benefit to the ccp.  People need to get over the china thing already.  Bitcoin and china are incompatible.  It doesn't matter to bitcoin if china bans it, and it doesn't matter to china if they don't have bitcoin.
I think bitcoin will go up even higher if there is no China around. After all, what they always keep doing is just making fuds that will definitely influenced the crypto market which will create panic to all newbies. But i've seen a big difference now. The crypto market is not dependent anymore into China as more big countries are now adopting bitcoin and even potential altcoins. It made sense now why bitcoin has not made a huge drop pf price when this China banning hits the market. So it will be a better scenario if China will not be a part of crypto anymore.

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October 04, 2021, 09:22:37 AM
 #69

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.

One of the things why I like the China FUD is because the price of BTC will go up, it always is, when there was the problem with the miners leaving China, the price took a nice bullish turn, when China does a movement against BTC, other countries take advantage of it. It is strange that a country like China that is so big does not accept BTC technology, nor its alternative economy, sometimes I think that the big whales of BTC reside in China, because when looking at the market from the speculative point of view of the market, when They start their FUD, the market goes down, but from one moment to another the market has a big bullish rally.

It could be that investors are tired of all their bad claims against Bitcoin.
There will always be a point where they need to go against the flow to make profits out of it and it works.
Buy the news, sell the asset. Sure there will be a bear that will happen whenever they do such things as FUD but in the long run, it will become a bull when traders do their job to buy back after the news starts to calm down.
It's like manipulating the market using the trend which is a wise decision if ever it will be successful.
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October 04, 2021, 10:11:11 AM
 #70

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.

One of the things why I like the China FUD is because the price of BTC will go up, it always is, when there was the problem with the miners leaving China, the price took a nice bullish turn, when China does a movement against BTC, other countries take advantage of it. It is strange that a country like China that is so big does not accept BTC technology, nor its alternative economy, sometimes I think that the big whales of BTC reside in China, because when looking at the market from the speculative point of view of the market, when They start their FUD, the market goes down, but from one moment to another the market has a big bullish rally.

It could be that investors are tired of all their bad claims against Bitcoin.
There will always be a point where they need to go against the flow to make profits out of it and it works.
Buy the news, sell the asset. Sure there will be a bear that will happen whenever they do such things as FUD but in the long run, it will become a bull when traders do their job to buy back after the news starts to calm down.
It's like manipulating the market using the trend which is a wise decision if ever it will be successful.
People are aware right now that China is just manipulating the crypto market. People already learned something after the Elon Musk market manipulation that happened recently, everyone knew already what's happening so people are still holding and having faith in BTC. Whales are just good at controlling the market but if most of the investors are aware and good at going with the flow, then everyone can make money. That's why I'm not afraid when everytime a China fud spreading all over the community because I knew from the beginning that they're taking advantage of it since most of the investors are also Chinese.
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October 04, 2021, 10:24:09 AM
 #71

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.

Maybe because of the perception of many people, china has a big role in bitcoin. and that's not true. many times there is negative bitcoin news there but bitcoin still seems to show that they are not dependent on any country. even after the news they  are banned all cryptocurrencies. nothing terrible happened in the market.
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October 04, 2021, 10:47:44 AM
 #72

A protocol like Bitcoin can never be banned. It was created by the people for the people and is beautifully immutable.
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October 04, 2021, 12:17:17 PM
 #73

Not just China, but other countries who are imposing tighter and stricter regulations of crypto are making short term declines as well. But the biggest decline so far was the combination of Elon Musk’s environmental concerns about Bitcoin mining and the crackdown of Chinese financial institutions and banks forbidding them from adopting cryptocurrencies. But yes, Bitcoin always bounce back stronger.

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October 04, 2021, 12:23:01 PM
 #74

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 have the same thing in mind. China has been doing this for the past years already and it's really amazing that they are still able to instill FUD whenever they do this. Several reports in the past have been recorded about banning bitcoin in China, but they don't really make it a permanent matter. They release a statement, and then after a short span of time, they will lift what they have said. They are doing this to make the market crash. And when they have finally made it, they will take advantage of the market crash to buy more coins at a lower position, so that when the bull market enters, they'll have large profits.

You see, China is one of the leading countries that have cryptocurrency holdings. If they will really ban bitcoin and cryptocurrency in general, they have so many to lose from the taxes and income on the bitcoin mining and transactions and the likes.
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October 04, 2021, 01:01:05 PM
 #75

FUD from China is not the first time, and has happened many times but does not affect the movement of bitcoin to continue to move up.
and it's possible that this sentiment will have a bigger impact on new players and cause panic, but depending on their beliefs and if they study bitcoin's footprint they don't care about Chinese made FUDs.
and while for old players or users, the negative sentiment that causes the price to correct sharply is actually used for accumulation, so according to those who already understand the crypto or bitcoin market, the FUD sentiment from china will have no effect on them.
FUD will always exist and not only China, because bitcoin or other cryptocurrencies are still believed to be able to help the economy and also get promising profits so they don't care about FUD and whatever it is.

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October 04, 2021, 09:42:02 PM
 #76

It could be that investors are tired of all their bad claims against Bitcoin.
There will always be a point where they need to go against the flow to make profits out of it and it works.
Buy the news, sell the asset. Sure there will be a bear that will happen whenever they do such things as FUD but in the long run, it will become a bull when traders do their job to buy back after the news starts to calm down.
It's like manipulating the market using the trend which is a wise decision if ever it will be successful.
This is exactly the reason. People are tired of hearing bad stuff about crypto, sure there are stuff that is not ideal for crypto but that doesn't mean that it will always be a bad thing for crypto, that never means that the price has to go down. Like for example China saying that transactions or generally just crypto as a whole is banned in mainland, sure that is a bad thing and I would understand that the Chinese people selling and getting out, however after a certain point you realize why would that be bad in general?

I do not think that it is bad or good in the long run for us, with them or without them nothing in crypto really changes. Which is why I kind of understand people who are tired of it, people are tired of the fact that people are acting like there is a huge problem going on just because China did something, it is not big and it is unimportant for most of us.
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October 04, 2021, 11:07:18 PM
 #77

FUD from China is not the first time, and has happened many times but does not affect the movement of bitcoin to continue to move up.
and it's possible that this sentiment will have a bigger impact on new players and cause panic, but depending on their beliefs and if they study bitcoin's footprint they don't care about Chinese made FUDs.
and while for old players or users, the negative sentiment that causes the price to correct sharply is actually used for accumulation, so according to those who already understand the crypto or bitcoin market, the FUD sentiment from china will have no effect on them.
FUD will always exist and not only China, because bitcoin or other cryptocurrencies are still believed to be able to help the economy and also get promising profits so they don't care about FUD and whatever it is.

For me, who has been in the crypto world for more than 5 years, I am not surprised by FUD from China. Like you said so often the Chinese
government deploys FUD, that I can't remember how many times China has done it. And it is proven that FUD from China does not have
a big impact on Bitcoin, because usually the price of Bitcoin only goes down for a while and will soon go up again, Bitcoin price decline occurred
because many newbies panicked and sold their Bitcoins. So I always take advantage of the situation to buy more Bitcoin, so when the Bitcoin
price recovers I can make a profit. My advice is not to panic if there is FUD from China, it will not make Bitcoin die, and surely the Bitcoin price
will always recover.

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October 04, 2021, 11:20:49 PM
 #78

This is the indicator that people are already used to it that's why we don't see any huge movement happened from the current fuds hit up on the ecosystem and this is so good since for sure on next fuds will came people can defy and look at it as buying opportunity to them. Let see if this bullish season will continue since for sure many monitoring if we can see the $100,000 price to be reach if this will happen this year.

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October 04, 2021, 11:27:45 PM
 #79

This is the indicator that people are already used to it that's why we don't see any huge movement happened from the current fuds hit up on the ecosystem and this is so good since for sure on next fuds will came people can defy and look at it as buying opportunity to them. Let see if this bullish season will continue since for sure many monitoring if we can see the $100,000 price to be reach if this will happen this year.

After all the years then we do get used to it and this is something proves out that the community isnt really that too afraid of on whatever situations like this would happen in the future that could really

affect the entire market.FUDs are common but doesnt mean or automatically tells that there would be a price crash because basing off on what happened on last months then you could say

that it could still always make out movement on random basis which means nothing cant really be assured but at least we could tell that support isnt really that easily to break off.

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October 04, 2021, 11:36:47 PM
 #80

There is no doubt that we can see that the crypto market suffers due to the falling cryptocurrency prices. But not everything is negative because if we have a chance to buy some of them at a discount, so to speak, this is our chance. Why we should panic sell but buy cheap coins instead, don't be afraid to be greedy when others are scared that's our investor maxim
I believe Despite China's FUD, bitcoin is absolute and will not lose and the market price will gradually recover as before.

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