Post
Topic
Board Speculation
Re: Will BTC become a PUMP after 30/9????
by
cafucafucafu
on 29/09/2017, 04:40:24 UTC
There is no reason to pump Bitcoin.  Bitcoin is already in a Bullish stand and no reason to pump it to increase its price.  It just need some more hype to align with the bullish stand and we will see Bitcoin price to go up fast.    I believe with the current stand, Bitcoin price will be on an uptrend because Chinese FUD effect does not weigh anymore.
However there seems another FUD around about Korean government halting all korea based ICOs but this will not effect foreign ICOs, if this is true than it will also have some effect.

Like rumor, if china will also ban bitcoin mining than we might see another bearish trend for really long time. Bitcoin mining in china is really big and it will have much larger affect on crypto.

Well, that is purely speculation and could be just BS news.

If nothing else comes out in the next few days then i expect October to be the real beginning of a strong bull market. People realise now that governments have actually very little influence over how the bitcoin network is run, all they can do really is ban bitcoin exchanges and ICOs.

Even if the Korea news is legit, i doubt it'll have much effect.