Quote from: jd218 on September 24, 2017, 07:04:40 PM

Quote from: Fatunad on September 24, 2017, 06:52:33 PM

Quote from: fia_naila on September 24, 2017, 04:34:31 PM

What is the good thing from waiting 30 september ? China has ban ICO. The will shut down exchange but exchanger based in china will be moved to other country. Btcc and okcoin has declared it in their twitter. Also this crypto not made for china. It is made for all people all over the world.

September 30 is still approaching and the issue of close exchanges isnt over yet and would definitely happen on the end of the month.Theres no word yet on what exchanges would be closed next but we should not close our eyes on the possible opportunities on dipping prices on those days.Just like what happened on august 1 event it did dip the price and later on it did pumped up.

Just because exchanges are closing doesn't necessarily mean BTC price decrease. Fundamentally, the exchanges closing hurts the bitcoin network with the decreased volume from China, but we can see that China's volume has already diminished mostly: https://coinmarketcap.com/currencies/volume/24-hour/. Everyone is aware of this event coming, so the approaching of the date doesn't matter.

To me, this is now an opportunity because I suspect China will "re-enter" the cryptosphere in some manner in the future. I'll buy a little NEO/GAS and return to most of my long positions while only keeping a little fiat on the side to hedge against more FUD and bears.

Yes, all in all this is a very small correction.
I'm a HODLER so I'm actually pleasantly surprised. Bear could stay for a while longer, but losses seem limited. Ramping up for next bull run...