China Is making Fuds Since 2017, But BTC Always Gone higher

[LUCKMCFLY]

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.

I do not know if every country that is socialist or communist in nature is like that with its people, actually countries that have that type of leadership tend to think only of the government but not of their people, China has a great development in every sense, in Regarding wealth, I see that they always seek wealth, what happens is that when they see it open to Financial Freedom for others and that it is not their exclusive group, they don't like it out there.

I think that the profits of BTC are not only through mining, there is trading, and I believe that trading cannot be prohibited, as much as it is, China cannot limit the internet to people.

[1714930091]

1714930091

[Rasa nanas]

no matter how strong the FUD from china will not be able to destroy the crypto market, the crypto market will rise again and again. few days ago FUD from china almost made the bitcoin price touch $40k, but the market recovered quickly and even after that the bitcoin price was able to break through the $50k. so when the bitcoin price goes down due to FUD all you have to do is buy so you also get a cheaper price and get a bigger return.

[breathlessz]

no matter how strong the FUD from china will not be able to destroy the crypto market, the crypto market will rise again and again. few days ago FUD from china almost made the bitcoin price touch $40k, but the market recovered quickly and even after that the bitcoin price was able to break through the $50k. so when the bitcoin price goes down due to FUD all you have to do is buy so you also get a cheaper price and get a bigger return.

China always makes controversial statements about cryptocurrencies, and we believe their power can move the bitcoin market in particular, but we also have to pay attention that it doesn't last long, until the market finally recovers. indeed the best thing is to buy while there is a chance

[freedomgo]

no matter how strong the FUD from china will not be able to destroy the crypto market, the crypto market will rise again and again. few days ago FUD from china almost made the bitcoin price touch $40k, but the market recovered quickly and even after that the bitcoin price was able to break through the $50k. so when the bitcoin price goes down due to FUD all you have to do is buy so you also get a cheaper price and get a bigger return.

China always makes controversial statements about cryptocurrencies, and we believe their power can move the bitcoin market in particular, but we also have to pay attention that it doesn't last long, until the market finally recovers. indeed the best thing is to buy while there is a chance

As we can see, the FUD was just short live, the market now has recovered and starts to be bullish again. Bitcoin is trading at $54 at the moment, but when the FUD happened, bitcoin dump as low as $40k, so with the current price now, you can tell how fast bitcoin has bounced back and I have a feeling that the uptrend will continue until the end of the year.

[jaberwock]

As we can see, the FUD was just short live, the market now has recovered and starts to be bullish again. Bitcoin is trading at $54 at the moment, but when the FUD happened, bitcoin dump as low as $40k, so with the current price now, you can tell how fast bitcoin has bounced back and I have a feeling that the uptrend will continue until the end of the year.

People who ended up selling because they got afraid are the ones I am most upset about. They lost all the profits they could have made if they just waited a bit more. I am still glad that I bought more when it dropped because I knew that even if it dropped even more then I would buy more because I always knew that one day or another the price would have been 50k+. Maybe it would have been quickly like this, or maybe it would have been 30k and then be 50k+ in 2022 but it would be eventually so I knew that I was doing the right thing.

The most horrible part out of all this is the fact that we have forgotten how we could have just simply wait, and most people overreacted the moment it dropped. Now we are at 54k+ and that is a good place to start a big jump, from here we could go towards ATH price and even break that which would mean even higher prices.

[freedomgo]

As we can see, the FUD was just short live, the market now has recovered and starts to be bullish again. Bitcoin is trading at $54 at the moment, but when the FUD happened, bitcoin dump as low as $40k, so with the current price now, you can tell how fast bitcoin has bounced back and I have a feeling that the uptrend will continue until the end of the year.

People who ended up selling because they got afraid are the ones I am most upset about. They lost all the profits they could have made if they just waited a bit more. I am still glad that I bought more when it dropped because I knew that even if it dropped even more then I would buy more because I always knew that one day or another the price would have been 50k+. Maybe it would have been quickly like this, or maybe it would have been 30k and then be 50k+ in 2022 but it would be eventually so I knew that I was doing the right thing.

The most horrible part out of all this is the fact that we have forgotten how we could have just simply wait, and most people overreacted the moment it dropped. Now we are at 54k+ and that is a good place to start a big jump, from here we could go towards ATH price and even break that which would mean even higher prices.

They are quick to decide, so now they are buying again, maybe they will learn in the long run that FUD usually creates an opportunity for the smart investors and it was the weak hands who make it happen. More FUD means more opportunity for us, so let's keep that going to make this market move volatile and the smart ones will make short-term profit easy.

[Twinkledoe]

As we can see, the FUD was just short live, the market now has recovered and starts to be bullish again. Bitcoin is trading at $54 at the moment, but when the FUD happened, bitcoin dump as low as $40k, so with the current price now, you can tell how fast bitcoin has bounced back and I have a feeling that the uptrend will continue until the end of the year.

People who ended up selling because they got afraid are the ones I am most upset about. They lost all the profits they could have made if they just waited a bit more. I am still glad that I bought more when it dropped because I knew that even if it dropped even more then I would buy more because I always knew that one day or another the price would have been 50k+. Maybe it would have been quickly like this, or maybe it would have been 30k and then be 50k+ in 2022 but it would be eventually so I knew that I was doing the right thing.

The most horrible part out of all this is the fact that we have forgotten how we could have just simply wait, and most people overreacted the moment it dropped. Now we are at 54k+ and that is a good place to start a big jump, from here we could go towards ATH price and even break that which would mean even higher prices.

They are quick to decide, so now they are buying again, maybe they will learn in the long run that FUD usually creates an opportunity for the smart investors and it was the weak hands who make it happen. More FUD means more opportunity for us, so let's keep that going to make this market move volatile and the smart ones will make short-term profit easy.

Sometimes people panic when they see the market falling, but they forgot to look at the big picture. Now, we have seen that China has no major influence in this market. Thought they caused a lil bit of commotion in the market but as others have said already, it was only short-lived. This is really interesting because I have the feeling that in the near future, China will change their perspective towards bitcoin or crypto and will start accepting again in their system.

[Hamphser]

As we can see, the FUD was just short live, the market now has recovered and starts to be bullish again. Bitcoin is trading at $54 at the moment, but when the FUD happened, bitcoin dump as low as $40k, so with the current price now, you can tell how fast bitcoin has bounced back and I have a feeling that the uptrend will continue until the end of the year.

People who ended up selling because they got afraid are the ones I am most upset about. They lost all the profits they could have made if they just waited a bit more. I am still glad that I bought more when it dropped because I knew that even if it dropped even more then I would buy more because I always knew that one day or another the price would have been 50k+. Maybe it would have been quickly like this, or maybe it would have been 30k and then be 50k+ in 2022 but it would be eventually so I knew that I was doing the right thing.

The most horrible part out of all this is the fact that we have forgotten how we could have just simply wait, and most people overreacted the moment it dropped. Now we are at 54k+ and that is a good place to start a big jump, from here we could go towards ATH price and even break that which would mean even higher prices.

They are quick to decide, so now they are buying again, maybe they will learn in the long run that FUD usually creates an opportunity for the smart investors and it was the weak hands who make it happen. More FUD means more opportunity for us, so let's keep that going to make this market move volatile and the smart ones will make short-term profit easy.

Sometimes people panic when they see the market falling, but they forgot to look at the big picture. Now, we have seen that China has no major influence in this market. Thought they caused a lil bit of commotion in the market but as others have said already, it was only short-lived. This is really interesting because I have the feeling that in the near future, China will change their perspective towards bitcoin or crypto and will start accepting again in their system.

Don't expect for those things to happen whether they would revert their decision or would totally go opposite and would never come back and would totally ban out crypto or bitcoin literally

but well it doesn't really matter much even though it is sad that a big country like China would really make out such decision but well the world isn't only rotating for single country.

We could still move in terms of adoption and price movement that's why its better not to stress out yourself in regards to this.

[wxa7115]

A protocol like Bitcoin can never be banned. It was created by the people for the people and is beautifully immutable.

You are close but you are not exactly right, bitcoin can in fact be banned and the ban could become even worldwide if all the governments of the world agreed to it.

However there is a big difference between banning something in the law and actually enforcing such ban, enforcing the ban on bitcoin will simply be impossible, satoshi thought about this from the beginning and this is why bitcoin is decentralized, there is not a centralized point of failure governments can use to kill bitcoin, and without that governments will have a lot of problems if they try to ban or regulate bitcoin.

[jossiel]

There are already a lot of countries that try to ban crypto but no one succeed, bitcoin still keeps on going stronger and stronger.

And that will be the same for China if they repeat it.

Bitcoin will continue to thrive despite their massive ban on it and they're unlikely to stop until they take many bitcoins in the world.

Just like the typical economists that are saying FUD to bitcoin for them to accumulate at a cheap price.