Quote from: lilRoy07 on September 12, 2017, 05:48:05 AM

Quote from: kingcolex on September 12, 2017, 04:04:38 AM

Quote from: lilRoy07 on September 12, 2017, 03:47:09 AM

I've picked up some extra BTC over the last couple of days, in my hometown there was a local seller on LBC - a chinese man. He said he had to dump all his coins within the next couple of days and offered me 45 BTC for $150k. I don't have 150k laying around, but i picked up 3 for 10k

he said his friends had hundreds of BTC if i was interested.

Is a monster dump on the way?

No, why do I know this? Because you are making shit up or he was trying to rob any dumbass willing to offer $150,000 in person to a stranger.

Obviously you dont just walk up with 150k straight up, there would be more to that (i am assuming lol)

I'm not making shit up, you can see by monitoring a few chinese on LBC that they are dumping and smaller prices (australia and NZ) People have gone from 0 Trades to 100+ in a space of a few hours.

I've invested a truck into this BTC in recent times, and I dont want to be under a bus.. Since i've purchased BTC this week i am slightly insecure. I want to be rich like the rest of you Cheesy

Quote from: Kakmakr on September 12, 2017, 05:47:13 AM

Another newbie account created to spread FUD. If there were any truth in this, you would have seen a massive drop in the price. Some people are just trying to push down the price, by spreading all these rumors. We have gone through this before a couple of years before and they still use bitcoins. The exchanges are still operating and the miners are still mining. The price has gone up, since these shills has started to post FUD.

Nice try, but we are not falling for this. Hodl for life!

dude im not coming on here to talk crap, this is genuine. How many bitcoins being flogged off is going to cause crash? 1000s? 10000s?
You've got to understand my insecurities.

You obviously do not live in China, because you said you bought these coins from someone in the Chinese community. Let's assume you live in the USA for this argument. Now why would a Chinese person living in the USA want to dump coins, if it were still legal in the USA?

A possibility might be that some Chinese people might have read this FUD and that they are dumping because of that.

The Chinese government has made no public announcement on this and even if they ban it, it will not affect the people who owns it. The Chinese people in China can send their coins to people in the USA to sell it for them. < if local exchanges are closed >

The Chinese government will be the losers if they ban Bitcoin. They are profiting from Bitcoin now. < Tax income from coins being sold and also tax on ASIC chips being sold and also surplus electricity being used for mining >