Quote from: drlukacs on October 18, 2017, 11:08:45 AM

Quote from: eann014 on September 29, 2017, 03:19:00 AM

Quote from: eaLiTy on September 17, 2017, 04:43:53 AM

Quote from: uraharasan on September 17, 2017, 03:24:22 AM

Quote from: eann014 on September 17, 2017, 03:11:02 AM

Yup, bitcoin can still recover. A lot of people are using bitcoin so I guss bitcoin is hard to beat by any other coins out there, I think they are also just relying on the ability of bitcoin.

investors coming from China will no longer buy bitcoin 'as it should' because regulations in the country ban it, we know that china is the home of whale investors.

The regulators in China did not ban using bitcoin,they just halted the exchanges from executing the things and i am sure they did that to regulate every exchange and make things clear rather than banning bitcoin altogether,the FUD news is spreading like wild fire and so is the reason people are selling off their coins without thinking twice.

Yeah, so I guess bitcoin will reach again $4500. Bitcoin has its own ability that maybe even without China bitcoin will still reach that amount. China is not the one that bitcoin can rely on, but China didn't totally ban bitcoin and you are right I also think that China did that to regulate every exchange and make things clear rather than banning bitcoin altogether. So bitcoin will still be able to rise. Grin

The Chinese government just want to stopped the ICO market because this field is a speculation place and it made the economy of this country have problem. No country accept speculation, because it can affect the capital of investor. Therefore, the Chinese government needs to banned this market before it makes the ecosystem of cryptocurrency become bad.

Even if they do that it doesn't affect the price of bitcoin, maybe there are a lot of people using bitcoin have a panic selling that's why the price of bitcoin become lower that time. But this time as what we can see bitcoin price is not $6000 and I think it will still reach until $7000 this year. I will not going to sell my bitcoin. I will just hold it and wait for the price to rise again. Cheesy