Post
Topic
Board Speculation
Re: Bitcoin value dropping?
by
Jating
on 29/09/2017, 19:03:41 UTC
Hi all,

Are we expecting a drop in price since China is going to ban crytpo by end of this month?

Obviously its already end of the end and nothing significant happens to the price. It is still going strong and trading right now at $4100-$4200. But the price drop did happen in the second-third week of the month but we have recovered already so you don't have to worry more about any China news affecting the market price.

another example of someone who is way too late to the party!

the "dropping" is already over. we are $1200 above the price that dropped because of China. you can not expect the same reason to have the same effect multiple times just because you are late. the rest of the world were not late and they did all their panics and their sells and buys and FOMOs in the previous weeks and now things are back to normal

until next FUD comes along. try not to be late for that one.

Yeah, he is already too late to join the party and miss the opportunity to buy it when the price is quite cheap. So to the OP, please be advised that you need to be ready when bitcoin will have a "buying party" and don't you forgot to have your funds ready, just in case.  Cheesy