Centimetro
Newbie
- Aug 30, 2017
- 45
- 15
Not true.
Is bitcoin officially in Freefall?
- Thread starter Mr Spectre
- Start date
Not true.
Over? Quite the contrary. This is the time to buy. Buy now. Don't spend all your money. But now, wait for it drop some more, but some more. Repeat until market turns, which it will, full-throttle.
That's exactly what I'm doing. Investing all the money I can get my hands to buy at these dips. More dips coming in the following weeks.
Please look into investing in Red Pulse and Walton. One is coming up and the other is cheap as f right now.
Webbers UX
Elite Member
- Apr 3, 2010
- 4,944
- 5,288
I'd recommend you check out https://virtue.poker/ - I'll most likely be dropping 5 figures into it.
Luka
IAmNotLegend
BANNED
- Mar 13, 2014
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True on what part? Look at the replies from people who flamed him for giving a falsified new or rumour.
The China BTC ban rumour hasn't happened for the first time. It has been making rounds ever since Bitcoin's existence and it works each time as people panic sell.
If you know about chart reading then we at the two biggest spikes match on the top of the channel, and right now we're at the bottom. Check the Momentum, I'm sure we reached floor and we won't go lower. Fibbonaci resistances set and heading to the last ATH at 5000$. Then, free way until 6800$.
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manolo12399
Supreme Member
- Jan 3, 2009
- 1,412
- 276
yes I think who want to trade need to understanf the psichology of the markets and especially in crypto, and learn from charts where previous strong buy happened, about 3000 if will get there is my buy point, if will get there for many will not eady to pull the trigger, negative news will be everywhere
umerjutt00
Elite Member
- Oct 28, 2011
- 4,373
- 2,493
The rumor that china will ban the exchanges is effecting the btc hard. The ban on ICO and that JP Morgan guy also effected the prices.
What is the title of this one?
umerjutt00
Elite Member
- Oct 28, 2011
- 4,373
- 2,493
Here's the weekly chart of BTC/USD. The prices have retraced almost 23.6%. Maybe we will go for the 50% or the magical fib 61.8%.
IAmNotLegend
BANNED
- Mar 13, 2014
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https://www.coindesk.com/correction-not-crash-bitcoin-price-eyes-3000-traders-take-profits/
It's a correction. The China ban rumour has always been in air since years.
JP Morgan has been criticising Bitcoin ever since it existed. He said BTC is a bubble and will and investors will fall hard when BTC price was $400.
There are bigger investors than China in Bitcoin.
If someone is in long run into cryptos, then you should know of all aspects and not predict and panic sell based on a tweet/comment by a "Random Internet Dude" who says BTC will fall because of so and so reason. Learn the charts and ignore the rumours.
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Centimetro
Newbie
- Aug 30, 2017
- 45
- 15
I meant it's not true that Charlie Lee later retweeted that it was false news
umerjutt00
Elite Member
- Oct 28, 2011
- 4,373
- 2,493
I am not panic selling or buying anything. I was just stating what's on the news and what's happening. The news coming from china had real effect on the BTC and that's a fact. Even if there are big players then china, people are still getting scared and pulling their money out.
silverleafy
Supreme Member
- May 31, 2015
- 1,253
- 228
il buy some ETH if it drops 10% more 
, almost a good time to invest
, almost a good time to invest
IAmNotLegend
BANNED
- Mar 13, 2014
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"
Okay to sum up:
1. Chinese Government has requested audiences with the various chinese exchanges. And the exchanges are to submit the best plan for curbing the issue. No pairs or any information specified.
2. No banning of exchanges as of now as it will disrupt the economy and affect many Chinese investors
3. Regulations should take a few months to form up
The rest of the article only emphasizes the risk of BTC and also how it has been used for illegal activities."
So, buy BTC and ETH while they are low. I can't predict whether it will fall more below now that official sources are speaking up. So, you can wait to get incorrect buy now. All coins will reach their all time high and beyond after this correction.
Okay to sum up:
1. Chinese Government has requested audiences with the various chinese exchanges. And the exchanges are to submit the best plan for curbing the issue. No pairs or any information specified.
2. No banning of exchanges as of now as it will disrupt the economy and affect many Chinese investors
3. Regulations should take a few months to form up
The rest of the article only emphasizes the risk of BTC and also how it has been used for illegal activities."
So, buy BTC and ETH while they are low. I can't predict whether it will fall more below now that official sources are speaking up. So, you can wait to get incorrect buy now. All coins will reach their all time high and beyond after this correction.