All of this is merely hot air, since the Chinese know it would make no sense to outright ban bitcoin; though they may even try that if they're desperate enough.
In the short term, these things are going to cause bitcoin to dip because it just makes people skittish; but they are obvious signs of desperate strong-arm measures that are sure to further undermine the credibility of the Yuan.
Liam Johnson
To add: the Turkish Lira and Mexican Peso are at historic lows.
Shouldn't be too long until more people than the Chinese and Venezuelans wise up.
Dominic Scott
>memecoiners trying to explain themselves
Alexander Smith
>b..but muh fake news caused it! >coinfags using mental gymnastics to try and escape the fact their meme currency is finished
Guess what retards. Actual currencies aren't vulnerable to "fake news" and governments fucking about. Shitcoin is on its deathbed.
Lincoln Jackson
Bags getting heavy uh ya stupid fucking coiner
Leo Reed
>Shitcoin is on its deathbed.
No way, there's way too many whales out there who haven't pumped and dumped yet. This is just another cycle to defraud coiners. Plenty more to come.
Daniel Morris
>Actually buying bitcoins when 2017 is the year of emerging market currency valuation Just avoid bitcoins altogether this year. China is being very aggressive in upgrading their economy. Does a bunch of fat manchildren think they can win against the biggest/second biggest economy in the world?
Dylan Phillips
look at Turkey and Venezuela you tard
Kayden Reed
>Implying tiny irrelevant economies will offset China in devaluating bitcoins
Joshua Sanders
BUY THE DIP NOCOINERS
DO IT NOW BEFORE PLUTO MISSION
OR LEARN TO
COPE COPE COPE
Kayden Hall
>Actual currencies aren't vulnerable to "fake news" and governments fucking about. This post is pure irony.
Jacob Jenkins
>All of this is merely hot air, since the Chinese know it would make no sense to outright ban bitcoin; though they may even try that if they're desperate enough. loool right.
Nolan Stewart
Did you have a point?
Brody Bell
>What's the dividend yield on Bitcoin? >What do you mean there's no actual reward for buying this crap?
Kevin Gonzalez
Lol. What's the dividend yield on US dollars? Or gold?
Oliver Gonzalez
It's not based on memes, that's the difference. >buying anything else than stocks in 2017
Carter Scott
>fiat money / shiny metal >not memes
Also, thank you for conceding that your dividend argument is butt retarded.
Bentley Peterson
Listen to me bro: Memecoin a shit. A shit.
Tyler Sanchez
Next time just post that. Save yourself the embarrassment.
Jayden Campbell
Where excactly did you embarass me you fucknut? I don't invest in any kind of memes. Your shit will crash and that's why you're angry lmao
Benjamin Rivera
>I don't invest in any kind of memes. So then why are you so upset?
Kevin Edwards
We've all heard this before, shut the fuck up
Cooper Diaz
Are you nervous, user? Kekkkk
Hudson Sullivan
This. Happens every time lol.
In reality, the wealthy are scamming the poor (Veeky Forums) out of money with pump n dumps. It has absolutely nothing to do with muh china.
Gavin Ortiz
90 percent of Bitcoin volume is Chinese. Guess what that is going to mean?
Lucas Thompson
In reality, this is just Buttcoin.
When you buy Bitcoin, you are only buying 'hope' - a hope that the price will rise, and you can sell to another sucker that hopes they can do the same at the given price.
The problem is - there is no value, no dividend, no interest, absolutely no reason to hold Bitcoin at all.
The sad thing is, selling actually indicates you have lost hope in it, and that it can't rise higher - if another idiot is stupid enough to buy in, then that's their loss.
Bitcoin is a zero-sum game, where 99% of people will lose in the end.
Josiah Morris
>be the 1%
Hudson Baker
>99% of people will lose kek
Henry Sanders
>90 percent of Bitcoin volume is Chinese. Guess what that is going to mean? That means China determines the future of Bitcoins. China currency appreciation = dead Bitcoins.