Quote from: Giric on December 11, 2017, 08:46:07 AM

Quote from: Bamel on December 11, 2017, 08:44:15 AM

Quote from: Stianyd on December 11, 2017, 08:37:12 AM

This has happened so many times exactly the same MO. PBOC says " we ban bitcoin" weak hands sell, they buy up cheap coins. Then they say " jk we no ban Bitcoin!" And then the price goes back up.

A hard crash like this doesn't seems like something that the market would recover from in a week or two. People should be prepared and wait for a better entry point.
Caixin is a legitimate news site. People should seriously consider the possibility that this might not be fake news. The market might go down much further. Remember not to bite more than you can chew.
Bitcoin can't be killed. But in the short term there are huge waves that could swallow you whole. Take care guys.

that's fine and all but BREAKING NEWS: the island of Fiji has banned bitcoin!!! SELL YOU FOOLS!

It's nuts what some news from one fucking website can do to bitcoin. Just shows you how we are still in the infancy and it's still a great time to buy! I assume the more we grow and the more mature it is, we will only trust news like this if it is reported world wide. It's clear someone was trying to initiate a major crash. Didn't go so well did it?