Oh wow, China is banning ICOs... but in a statement on national television CCTV-13, they are just developing rules to establish a license to have ICOs. It was clearly stated that this so-called "ban" was a temporary measure.
Oh wow, China hates bitcoin now... in a statement they released today by Sheng Songcheng from the PBoC said that blockchain technology is worth encouraging and is good technology, they are just regulating ICOs.
Market runs on panic and emotions. Yes it will recover when it goes quiet again, but it doesn't mean we didn't lose and won't continue to lose money in the mean time during this panic.
Zachary Howard
the chinese use krypto to hide money from the gov and "regulation" means the gov tries to stop them from doing so. if the gov is successful, the chinese will have no incentive to put their money into krypto anymore. it will be worthless to them.
Jonathan Adams
No that's not the reason they use crypto. They use crypto because it is profitable in real-world physical currency. That's why most of the miners are in China. Not because of some /sneaky/ effort to hide from the government.
Also how retarded do you need to be to think that bitcoin hides you from the Chinese government?
Ryder Hernandez
the people panic selling will be panic buying off you soon enough, we should be thanking them really
Dylan Campbell
>how retarded do you need to be to think that bitcoin hides you from the Chinese government?
they cant see your wallet, its invisible to them but chinese banks have to tell the gov every single movement in your bank account.
clearly you can see how this is a problem if you are a chinese official that takes bribes on a daily basis or a chink that runs a business and needs to bribe 100+ people from the party.
Jordan Garcia
This would be much easier to track if they kept open the exchanges, yanno?
Aaron Johnson
chinks pushing bch so hard so the government can monitor everything
Luke Morris
they dont want to find all the people that are laundrying money, because everyone is laundrying money in china. they already know that, they just want to limit it so it doesnt reach levels that break the society.
Jose Garcia
You idiot, the FUD is real according to the global financial experts like JP Morgan. Have you started selling your coins yet?
Adrian Jackson
My hero, would suck your dick breh
Lincoln Ross
log chart: it's fucking nothing
Jaxon Lewis
...
Noah Sanders
...
Austin Lewis
Buy now when price is going down because of unjustified panic and then profit when ICO rules will make people confident again. Isn't this a blessing in disguise?
Adam Moore
Do (((we))) really have to explain that we are refilling BTC ?
You should make money of this too.
Liam Morgan
guys... there's no way to ban crypto in china or anywhere. people can travel overseas and trade. the whales don't give a shit because they all have access to finance in other more liberal jurisdictions.
Hudson Jenkins
Und? Why are you so defensive?
Dominic Walker
I can't believe this shit.
Xavier Mitchell
FYI everyone It is therefore, logical to assume panic sale off will be ensued by panic buy off....
Ayden Stewart
Spot on user, I really don't see why people are freaking out. The market is going to be fine when the dust settles. I'm happy to buy this dip, I got some great deals, but I have to admit that watching people freak out like this over nothing gets a little old sometimes.
Jonathan Harris
>Jamie Dimon's dad said electricity was a fad >Jamie Dimon says Bitcoin is a fad Do the math.
Chase Edwards
The future of Bitcoin is as uncertain as finding habitable planets. It's no math, user.
Hunter Baker
I have learned a lot about people from getting into crypto about six months ago
Camden Ward
tell your weaboo friend to avoid to post the evil thinking man, i just sold cause of that lel
Joshua Bailey
You just sold user? I hope you have your wojacks ready
Sebastian Sanders
North Korea uses bitcoins. Increasing the value of bitcoins helps an evil dictator build a nuclear arsenal.
Whatever you have to say about that is irrelevant. This is the excuse government financial institutions will use to string up anyone who ever held cryptocurrency by the neck with red tape as an example to anyone else who might think to subvert them.
Jordan Reed
This is truly stupid fud whoever believes it is retarded and is better if they leave btc we will be better off without them in the long run
Asher Russell
All the normies are getting shaken out. Buy time.
Tyler Campbell
Interesting. And Jamie's daughter believes in bitcoin, the way old man Morgan's son believed in electricity against his father's advice. History repeats.
Colton Taylor
electricity is a fad
its just a really, really long lasting one.
Jonathan Lopez
I'm saving you from the "evil thinking man" user. You should thank me for that.
thanks god I sold everything at a good price thanks your fud lol gonna buy lower lel you fucking shit tier anime fags
Ryder Hernandez
Drumpfkin ?
Levi Phillips
nop i sold yesterday thanks to the evil thinking man meme
Tyler Roberts
They use crypto to make CNY just like people from other countries use it to make fiat from there own country.
Nicholas Howard
I bought at 4400, I have reasons for FUD. You scum wouldnt know this kind of stress
Easton Phillips
I know you're probably not serious but by that definition everything is a fad and the word fad becomes redundant. A fad is only a fad if it doesn't last very long.
Ryan White
wait this is not death lookingat the coinbase graph This year BTC lowest value was £1530 /$2025.69
ETH £125 / $ 94.41 LTC £ ... I will not say anything because each time it has fallen its rise has been fa greater!!!
Matthew Murphy
Finally, a decent post. Everyone on Veeky Forums expects x10 returns in the span of half a day and holding something for longer than a day equates to being a bag holder. More than half the people on this forum don't even know what blockchain is or what bitcoin really is, just trash talk and panic when they see a bear. My portfolio is down by 11% .... Last week during the alleged ICO ban(aka the healthy regulation) from China it was down by 23%.. people don't understand what's going on and just follow the headlines.
Joshua White
>the /pol/ retard posting smoking anime girls made it here Epic
Brody Rodriguez
Current market share of The Peoples Republic of China~. This has shrunk since last week at 20%.
Isaiah Hughes
smoking girls thread?
btc is actually dead this time. you cant ride forever on a name brand when your product is being beat by competitors.
this time is different because altcoins actually have better tech now and that really does matter.
the problem with bitcoin is that it cant hard fork to scale because core wants all transactions to be on ln. no one is going to deal with that shit.
bitcoin just isnt bitcoin anymore. it *was* going to rise forever, and people just cant handle the fact that it is not going to anymore because of core
luckily alts let you continue on under a different name. in time we will see that tech > name, but its going to be a painful lesson for hodlers
Owen White
>thinks price is solely based on news
you'll never gonna make it. better sell now and buyback at $3k faggot
Lucas Cook
Not sofast please, please do not speculate the death of the market.... BTC is still trading at 63.64B$ ETH is still trading at 25.505B$
The market cap has reduced to 131B$ from 175B$ ! The bloody market is not dead! this is an overall third dip .... only ....
Jayden Gonzalez
Referring to coinbase.com
This year BTC lowest value was £1530 /$2025.69
ETH £125 / $ 94.41 LTC £ ... I will not say anything because each time it has fallen its rise has been fa greater!!!
