Re: Will BTC become a PUMP after 30/9????

The price has been raising uncontrollably since last week !!!
However , Chinese will public their decision of Cryptocurrency on 30/9
Do u think the price may keep raising or decrease ??

I think price will dump again after official announcement from chinese government which we might hear on october rather than by end of this month.

Despite the fact that chinese ban on ICO and trading platform have already had its effect on cryptocurrency, I am still expecting some flash crashes from chinese whales.

I think not, our bitcoin have evolved and already resistance to such regulation because china have lost their bitcoin, I think that their bitcoin users have cashed out all of the entire bitcoin they have to avoid the regulation, therefore china have no more bitcoin and not a bitcoin holder with major percent anymore

You might about bitcoin been resistance to such regulation but the Chinese government only want to shut bitcoin exchange not bitcoin user which automatically mean some people in China still hold their coin. However, dump will surely happen if the Chinese government persist with the shutting down.

Here too the government had several times made inspections and resulted the functioning of the entire exchange services. Even after that, following the same issues makes the government to go with the planning of shutting down the exchanges with no disturbance to the user community.