fuck china

wait for dip
buy the dip
wait for recovery
what is the problem

>>3395598
they fuckined banned crypto is the fucking problem
last time they did this in 2013-2014 crypto went bear market for 2 fucking years

china is what, 20% of the market?

wow, its nothing

Civic and 0x going to mars

>>3395598
the problem is..
where is the bottom?
or there is no bottom?

>>3395605
:((((((((((((((

It's already being touted as fake news isn't it?

>>3395626
No but crypto isn't like 2013 anymore this is just a temporary dip

>>3395626
look at the fucking tweet timer. This is china's OFFICIAL media
and caixin always has insider info, they reported the ICO ban 48 hours before it was official.
The exchanges dont even know whats about to hit them, just like they didn't see the ICO ban coming.

"action may be taken" not the same as the fake news
https://twitter.com/coindesk/status/906224061554057216
https://twitter.com/PDChina/status/906192652521148416

>>3395626
fake news by a bunch of twitter faggots and exchanges? No.

>>3395607
Why civic?

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>>3395580
would have bought this dib so hard if I didn't buy with all that I had in the last dib...

>>3395642
I'm sorry I don't use that retarded website I didn't realise that was an official thing. Looks like a clickbait title. I just heard that the news that has filtered over to burgerland is a misinterpretation of what is actually happening.

It's about closing exchanges.

>>3395605
>t. guy who has no idea why the 2013 crash happened

>>3395663
Identify verification to see if you are an illegal chink participant, an USA looser or an free human who can pay for whatever he wants.

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Fuck communist china

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>>3395683
viabtc ceo confirms it.
>>3395689
stfu retard, a multitude of factors came into play last time including the china ban. It's the same fucking story this time. China bans shit, exchange going awol (probably mt. polo this time), spoofing up the btc price (tether instead of willy bot). ICO regulations/Gov't coming to rape half the market. It's literally the exact same shit as 2013.

>>3395696
If your not in the US your not free buddy. Your a third worlder

Fuck china. We'll go to the moon without them.

>>3395696
>an USA looser
>an
>looser

now it's real again
LMAO

>>3395733
no we wont nigger, most of the bitcoin mining operation is in china.
If they legit ban it, hashpower for btc mining goes bye bye.

so Binance finished then?

>>3395696
unnecessary. no company is going to go to such an effort to keep chinks away because if they allow them to participate the fault/blame is on the chink themselves. unnecessary overhead and a barrier to entry most ICOs dont want to have.

not to mention the civic token only has value when there are multiple large companies that verify your identity on civic, and i dont see the reason why a company that would do such a thing would integrate into the civic platform if they have the ability to do the verification themselves.

>>3395741
It was never ruled fake besides a small group of circle jerking faggots on twitter.

>>3395741
the only people who said it was fake were desperate twitter faggots. The CEO of viabtc said it was fucking real and twitter fags just said "i dont believe you" to save their fucking bags.

I don't want to sell my IOC god damnit.

>>3395725
LOL you serious?
Whole world is laughing about the "free" people of USA

>>3395743
Binance is in Hong Kong

>>3395742
lol no. chinkies getting told to get the fuck out is the most bullish thing for bitcoin right now. they've been stalling progress for years and single handedly created the huge alt explosion because bitcoin was stagnating.

do some analysis before posting your feelings on the internet like a angsty teenager.

DOWN WE GO

>>3395742
So now the little guys can get in on some mining action. Booyah baby!

>>3395580
Goood...gooooooooooooood.
Excellent.
Ripple is going to take over BTC.

>>3395786
delusional fucking retard. Look at the fucking price right now to see whose right about this being good or bad for BTC. There is no fucking debate.
No hashpower= no tx=no bitcoin.

nobody knows wtf is going on right now, so stop acting like you do lol

>>3395725
This.

53%ers btfo

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>>3395580

>>3395606
>china is what, 20% of the market?

MUCH more than 20%, just look into the number of chinese/mongolian miners there are you idiot

Market hasnt come close to pricing in this move by the Chinese government

BTC will hit 3k

Does anyone know if this will harm the ETH/BTC pairing? Shouldn't make a difference right? I'm new to buttcoin trading, I have mainly just mined about 400mBTC passively over the last year or so and not really actively bought coins as it is semi-difficult here in the UK.

>>3395808
you dumb nigger the CEO of a major exchange fucking confirmed it, how much fucking more do you want?
the fucking president personally coming up to you and telling you to sell?

>>3395844
What? It's a piece of piss buying coins here in the UK

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All memes aside, you really should sell now. The dump when chinks wake up will probably be the biggest in the last 6 months.

>>3395846
>4chan suddenly trusts the chinks and everything the say.

Do you think us white boys should get in on mining or am I better off just purchasing coin

>>3395807
you clearly dont even understand how bitcoin works then. hash power follows price, not the other way around. price fluctuations are based on uncertainty. if the little chinkys arent allowed to buy bitcoin with their play money then thats one income source for bitcoin gone, which would temporarily reduce buying pressure causing the price to drop, same with hash power, but thats a non-issue because it just makes it profitable elsewhere to mine, which is incredibly bullish given the last thing crypto needs is more china.

do your research and stop crying.

>>3395874
Pajeet detected

Lets hope trump nukes china while he's doing nk

>>3395836
china has been lagging the whole way up. the money is in the rest of asia right now. china has been losing relevance for years now, and fake or not, most people have already stopped giving a fuck about what comes out of china unless they're thinking about a very short sighted day-trader point of view.

>>3395874
holy shit you're fucking stupid, this isn't an optional fucking switch of hashpower; if they fucking ban bitcoin the hashpower is GONE because it will be ILLEGAL to fucking mine. Where the fuck is the hashpower going to go if China BANS crypto?? How the fuck is hashpower going to follow price when its GONE?
You're parroting what people said about the btc to bcash hashpower games you stupid fuck, why don't you apply some context? What the actual fuck is wrong with you?

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2K incominggggggggggggggg

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Just fucking chill, it's fake news.

>>3395897
if china becomes a no-miner zone then there will be increased mining elsewhere

I believe that was his point

>>3395914
>some random faggots on twitter vs the CEO of an exchange getting banned
hmm, better trust some random fags?

>>3395914
nah SELL EVERYTHING NOW

>>3395882
no, why would you think that? do those shitskins hate the chinks too? is it part of that inferior people always hate on other inferior people psychology?


>>3395897
read the whitepaper dude, seriously. you have a deep misunderstading about the way bitcoin works.

>>3395896
The restrictions on outside investment and the fact that China has continued to outperform the rest of asia this year means that I'm willing to bet they are awash with Cash and a hell of a lot it has gone into Bitcoin

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>>3395897
there are miners outside of china too and there will be a fuckton more when the chinese are taken off the grid. maybe this is even a chance for america to become great again.

>>3395725
Bro let me tell you... As an American, the US is turning into a third world shit hole.

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I am looking for crypto influencers, write me.

http://www.livebitcoinnews.com/china-not-suspending-cryptocurrency-exchange-activity/

>>3395950
>53%

>>3395950
As someone who went from a third world shithole to the US... lolno

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>>3395967

> Chinese state media reports it
> Better trust a bitcoin news website

>>3395580
here we goooooooooooooooooooooooooooooooooooooooooooooooo
AAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>3395967
this article sources twitter circlejerk and says that the CEO of exchanges are the ones spread fake news, and selectively chooses two exchanges that say they did not receive info on the ban to say the ban is fake news
Fucking trash article.

>>3395983
>Chinese state media
uhm... no.

>>3395860
What do you use? I've only seen localbuttcoins that doesn't encounter the issue of foreign banks and all the dickwork that comes with it.

fake but keep selling cause it makes me money

>>3395967
WHOS THE FAKE NEWS

>>3395947
they have, but its been a steadily decreasing % of new money for a long time now, not to mention most of the big money has been via OTC trades not on exchanges, and the kind of people with that much money don't care about breaking a few rules to get their money out of china.

>>3395948
america, japan has some investments in it, iceland might be good too. there are hundreds more possibilities if china is taken out of the picture and the difficulty adjusts itself back to the market rate. and you can be sure companies and individuals won't have any problem mining at a loss for 2 weeks to protect their investment.

>>3396006

uhm... yes.

https://en.wikipedia.org/wiki/People's_Daily

BTC EXCHANGES NOT BANNED
http://www.pbc.gov.cn/english/130721/3377816/index.html

>>3395967
lol that terribly written trash has only convinced me more that this is really happening.

It's gonna be a wild night guys. I mean this from the bottom of my heart : Sell now. This isn't a fucking joke or FUD. You can still get out before the main event. See it as an opportunity. You'll finally get to buy low.

>>3396009
can you not buy coins in person in the UK? you can do that here and its the easiest way if you just want a small to medium amount.

>>3396033
This doesn't mention bitcoin at all except for funding ICOS

>>3396056
exactly

>>3395580
personally i think this is great news.
This is the perfect reason why decentralized exchanges are needed
Hell this is the perfect reason why decentralization is a necessity for the future. Everything should be decentralized,from currencies right down to fucking storage services.

If bitcoin goes into a nightmare bearmode perfect.Use it as a buying op.Hell if america bans crypto id sell my mom to buy some crypto.

>>3396043
There are some bitcoin atm's but they are normally wildly above market price and the nearest one is about an hour and a half away for me. I'm looking to buy £1.5-3k BTC in December and the best way I've currently seen is to use an escrow service (localbitcoins).

>>3396033
?????????????????? DID YOU EVEN READ IT???
>From the date of release of this Notice, any so-called platform that provide trading and exchange services for coin offering shall not engage in exchange businesses between legal tender and token or “virtual currency”; or engage in proprietary trading activities or trading as an central counterparty of tokens or “virtual currencies”; or provide pricing services or act as information intermediary for tokens or “virtual currencies”.

>he financial regulatory authorities will notify the administrative department in charge of telecommunications to adopt measures such as shutting down its website platform
THIS JUST CONFIRMS THE FUCKING BAN

>>3396068
I don't understand was that supposed to be about bitcoin?

>>3396033
nothing new in there that wasnt announced at the initial "icos are banned" news.

>>3396009

Just use coinbase to fund your wallet and transfer the funds onto gdax. Could not be more simple to get coins in the UK.

>>3396083
It's for ICOs dumbass

>>3395742
>3395696
difficulty will go down- good thing isn't it? russia will do it then

>>3396083
>any so-called platform that provide trading and exchange services for coin offering
>coin offering
This is talking about ICOs you dip. You think that the bank of china would just drop a statement like this regarding all crypto exchanges and demand immediate action without some sort of warning/preparation period? This is just a finalization of the ICO ban.

>>3396083
coin offering = ICO =! BTC

>>3396083
bro your reading comprehension throughout this entire thread has been something special.

>>3396118
>or engage in proprietary trading activities or trading as an central counterparty of tokens or “virtual currencies”; or provide pricing services or act as information intermediary for tokens or “virtual currencies”.
>or engage in proprietary trading activities or trading as an central counterparty of tokens or “virtual currencies”; or provide pricing services or act as information intermediary for tokens or “virtual currencies”.
>or “virtual currencies”.
>or
>or
>or
virtual currencies defined earlier in the paper
>virtual currencies such as Bitcoin or Ethereum

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Just sold my precious IOC. Fuck this world.

Dont worry little guys. I'll come back for you when this is all over.

>>3396155
means BTC - ICO trading pairs not BTC - CNY

>>3395807
Difficulty adjusts, shitstain. Chinks are cancer in everything they touch and Bitcoin is no different.
Short period of turbulence in exchange for a healthier environment later on.

>>3396124
>and demand immediate action without some sort of warning/preparation period?
that's literally exactly what the ICO ban is.

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>yfw you have no idea who is fake newsing who anymore

>>3395723
> It's literally the exact same shit as 2013.
or maybe it's just another weekend dip.

>>3396212
It doesn't really matter because I'm buying at ~3000 either way.

>>3396194
no shit. see you in 2 years when people start mining again.

market isn't really even reacting to this "confirmed news", no-one cares of china bans anymore.

>>3396158

Why'd you sell IOC? These low market cap coins which aren't marketed at all especially in Asia will take just a little damage and recover quite fast.

I moved all in on IOC/OMG. OMG will take some damage but it will recover also quite fast.

SO IS IT REAL OR FAKE?? DO I SELL???

>>3396294
IT"S REAL AS FK
SELL SELL SELL

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>>3395800
Excellent

>>3396294
Nobody knows because the fud can't be debunked yet if ever

>>3396261

The news isn't widely publicized, most people are still convinced the earlier reports were fake news.

Also, China is asleep.

>>3396265

I love IOC too but don't delude yourself, it will get hammered if BTC falls just like everything else.

Who cares about what chinks do?
If anything, this means we can charge premium on zipper heads since they can't buy it there, just like br monkeys.

>what do you mean removing a 1.5 billion market of people from having any access to Bitcoin will reduce its price?
>so what they are currently responsible for quite possibly half of the hash power and are mining on nearly free power?
>this will only increase the price because that's what the guy on Reddit said while he unloads his Bitcoins

ARK is going to replace BTC.

>>3396373
>3 exchanges on hueland
>BRs can't buy
All my YouTube ads are from BR exchanges what the fuck are you on about?

>>3396390
arks gonna fucking die in this scenario

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>>3396337
>Also, China is asleep.
Not for long

https://www.youtube.com/watch?v=OKhsOh0xGVM

aside from ~10 alts that are pumping for whatever reason, alts always drop more than bitcoin does, so no, your favorite alt isn't going to hold up better than bitcoin is in the event that crypto gets banned in china. especially alts that are literally all speculation right now, which is 90%+ of them.

WE'RE GOING TO 3600 FIRST
THEN THE CHINESE WAKE UP
WHEN THE WEEKEND IS OVER PRICE WILL BE BETWEEN 2200-2700

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BUY ON THE DIP!! BUY ON THE DIP!!! BUY AND HOLD!!

https://www.youtube.com/watch?v=ev7NMv7j6tI

>>3396406
N-ni hao...

Bitcoin will go sub $1000, then the Jews will buy them all up, and the price will go to $100K.

>>3396548
this

>>3396548
Seems like a good idea to hold, i held out the 2 year bear market before, came out just fine.

>>3396548
holy shit, if btc went sub $1000 I would buy that shit up like a madman.

Thank God I invested in non chinese ICO and coins.

>>3396294
its china. what doesnt come out of china thats fake?

I bought eth at 730k
Do I sell into BTC or hodl?

>>3396601
I'm planning to do the same. I wasn't going to cash out any crypto for another 5-10 years anyways so I'll just stock up if the market makes a major correction.

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How fucked am I?

>>3395580
GOOD FUCKING CLSOE THEM CHINA IS FUCKING EVERYTHING UP

>>3396603

No you wouldn't, the uncertainty would stop you. Did you spend every available dollar on BTC this time last year because it was so cheap? Or were you waiting for sub $200?

is eth a good hodl right now

redpill me on tethers?

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>>3395580

It's 3:30 AM in China right now. I don't want to image what happens in 6 hours from now.

>>3396661
its time to buy bitcoin

people honestly think China is going to ban all cryptos, every single one, and just become luddites in this area, never allowing any Chinese person to ever buy, use, or sell cryptos of any kind under penalty of imprisonment. This is how stupid /biz/ is.

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>>3396661
enjoy the bloodbath

do you people still believe in the chinese waking up meme?

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>>3396718

Do you trade bitcoin in sleep? No? So why should the Chinese do?

>>3396696
why would they want to rob their own country of billions of new found wealth?

>>3396727
Im trading 24/7...this is what people to when they have 1000 btc....you cant afford to sleep....you let other people trade for you

>>3396733
because bitcoin allows them to move their wealth OUT of the country. Currently they have massive regulations stopping people from withdrawing tons of yuan. Bitcoin circumvents those regulations. That is why they will stop bitcoin.

>>3396622
>catch a falling life

>>3396762

Sounds like Bitcoin will be even more useful to them.

>>3396763
I haven't folded yet, because by the time it reaches bottom the taxes of selling and buying again will probably be bigger than my loss.

Or at least that's what I'm telling myself while my money evaporates.

>>3396661
I'm gonna buy the world son

>>3396177
I don't think so. I'm pretty sure any convertibility between reminibi and virtual currency on an exchange is what they are going for. They aren't banning Face to face or p2p transfers.

Of course nobody in this thread can read moon runes so we are all circlejerking

>>3396787
Can you get taxed for losses too? I thought they only tax you on gains and the more you hodl the less the tax.

>>3396733
China does not understand capitalist notions of wealth. Their entire system is set up to preserve societal harmony. It's why they have ghost cities, zombie companies and they regularly execute businesspeople.

>>3396878
The only tax I'm paying is the exchange's tax rate, and that's almost .2% which is straight up financial rape.

Some of you guys are alright. Don't go to China tomorrow.

>>3395742
>no we wont nigger, most of the bitcoin mining operation is in china. If they legit ban it, hashpower for btc mining goes bye bye.

The only nigger here is you, difficulty adjusts, I could literally make the entire BTC network run on the server of my college.

Also chinamen dodge every single regulation made by their government, why do you think they are invading Canada/Australia and buying everthing there instead of acquiring assets at home ?

Also the CCP will soon be fucked when decentralized exchanges will go online.

>>3396630
This, I'm actually Jewish, and my uncle called me last night about moving into Bitcoin as soon as the price goes to under $500, as they force out the weak. This happens in any bubble really.

>>3396080
Bank card -> Revolut, convert to EUR -> Fire -> Kraken
Also same in reverse, all from your phone

>>3396889
Chinese are buying abroad because they are trying to save their ass if a revaluation of the currency occurs.

China has devalued before and will likely do so again so they can continue to buy up every countries debt (I.e. Their taxed output).

>>3396742
this sentence does not make alot of sense

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>>3395723
>exact same shit as 2013

In 2013 there weren't hundreds of competitive cryptocurrencies or ICOs, each run by their own crew of greedy fintech freaks.

Buy the dip or continue to reeeee; if small news like this is enough to get you squalling, you got weak hands, son.

Just bought at 3560€, now please don't play dead cat...

>>3396887
Underrated

can you explain to me how china banning crypto and crypto exchanges will have an effect on bitcoin at all?

chinese dont use bitcoin to buy things they use it to launder their cash and get it out of the country. china is notoriously corrupt. while the average hong fei long wont be able to larp as the wolf of wall street, i don't see things slowing down too much.

>>3395966
With those evil dubs, I'll pass. Unless you pay in crypto...

>>3397137
You're right, it won't. It's just typical short term speculator panic.

>>3397137
>How will excluding 1/5 of the world's population from the market have an effect on bitcoin?

No offense but sometimes you fuckers are so dumb it makes me want to end it all.

yeah this shit happens on a weekly fucking basis now where bitcoin drops a little bit below 4k and than MAGICALLY rises back up to normal, it is a coordinated effort to shake out weakhanded phaggots

>>3397191
>all of china, if not the majority of chinese people know what crypto is and actively trade

>so dumb it makes me want to end it all.
>so dumb
>end it all

>>3395580
https://www.youtube.com/watch?v=Ry6PpRXk0dQ

>>3396879
>is set up to fake societal harmony
Fixed that for you

>>3396889
china allows buying foreign shit because it belongs to the PRC once the holder is "taken care of"

>>3395580
i don't understand how there are apparently zero cryptocurrency enthusiasts who are bilingual in mandarin and english

>>3395605
And then it went back up

You should have used that time to accumulate and not have been a degenerate faggot

>>3397214
>>all of china, if not the majority of chinese people know what crypto is and actively trade

lol what an utterly flaccid rebuttal, the vast majority of americans don't trade either. Do you honestly believe a ban here wouldn't effect the price?

Here's a little hint for you, because I can tell from your previous post that you're slightly uninformed as to where BTC derives it's value from: It has NOTHING to do with people "using bitcoin to buy things" you absolute donut.

>>3397214
China controls the market. If they get banned, there will be no more fast money.

this dumb nigger OP has been shilling in discords for hours now

fucking retard cuck

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YAAAAWN

>>3397284
a ban here would effect the price more than a ban in china. the point being, a ban in china will not effect the price, much. but you'd know i said that if you could see passed your nose.

>the vast majority of americans don't trade either.

you pushed the point that china is 1/5 of the world population, like it was suppose to fucking mean something, not me.

>>3397200
checked.

also you the phaggot

They will eventually shutdown bitcoin, and replace it with their own version of a cryptocurrency. The world's reserve currency will be an SDR crypto coin.

>>3397298
The Japs, Koreans and Russians will quickly fill the void. Getting China the fuck out of btc is better long term as less volatility means increased normie bucks being invested.
Japs are going all in on btc mining themselves. I unironically hope China bans btc but it's probably wishful thinking.

>>3397330
>a ban here would effect the price more than a ban in china

Cool, what's your reasoning for this? Oh yeah you have none, because you think BTC derives it's value from people buying shit with it. lol.

>you pushed the point that china is 1/5 of the world population

Cool, so I said something factual? Could you point out the part where I said that everyone in China was trading? I was pointing out that 1.3 billion potential buyer are now excluded from the market. Do you disagree with this or something?

Fuck china. Kick them out. Insect race.

Now in Engrish

http://www.caixinglobal.com/2017-09-09/101142821.html

>>3397411
>The central government’s office overseeing internet financial risks has ordered local authorities to shut down virtual exchanges trading digital currencies with the yuan

key phrase

>>3397390
1 billion of them earn less than one btc per year.
Normie bux in less shit tier countries like China is where the big money is going to come from in the long term.

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>>3397390
because 4/5 of the world population can still invest in crypto or actively trade.
because the big money in china, will still operate like they have been for 50 years and sending money out of the country to the west. where it then has the potential to enter the crypto markets.

keep going, you just keep showing everybody what a fucking moron you are.

>>3397411
>>3397434
>unauthorized
>icos

>>3397455
they don't want people getting around currency exports

>>3397411
>from a source close to regulators
kek

>>3397268
There are but they are all asian a refuse to help the white devil in cases like this

>>3397411
>But the source added that the crackdown targets unauthorized trading at virtual currency exchanges, rather than Bitcoin and the underlying blockchain technology.
It's fucking nothing, the exchanges will get shut down for a couple of days/weeks until they meet regulations then resume their activity. bottom line: buy the fucking dip, this is just an enhanced weekend dip

>>3397472
I think the explosion in market cap since the fork has really unnerved the Chicoms.

>>3396613
moon landings

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>>3397366
>They will eventually shutdown bitcoin

>>3397447

Gotcha, so what's going to happen is, everyone in China currently invested in crypto is going to sell it and send the money overseas overseas, where it will magically get reinvested in crypto.

lmao. Screencapping your posts for tomorrow btw.

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>>3395598
No bottom to the dip, no recovery at the bottom. It's crashing down.

>>3397495
y

>>3397515
>everyone in China currently invested in crypto is going to sell it and send the money overseas, where it will magically get reinvested in crypto.
why would they sell it if theyre currently invested?
you are dense. ive already screencapped your posts.

>>3397515
why would they sell instead of just taking their crypto and sending it to a foreign exchange dummy

>>3397411
>The digital currency trading platform Guojiaowan said Friday afternoon that all digital coin trading on its platform has been suspended on the request of regulators.

Does Gwow-jee-whatever even exist? This is so suspect, but doesn't mean it won't cause lots of damage in Chiner.

The fud here is at champion-tier levels.

Since I have no USD or USDT at the moment, I'll be helping you new anons out.

If you look around google, you will find this first link that is being discussed. Within that link, there is clarification that owning and mining coins is not the same as trading them over exchanges. That means that shitcoins? You better get the fuck out. Bitcoin, Bitcoin Cash. Any pre-ICO coins. That's where your money should be at this point. Get your coins off of coin exchanges and stay safe. Bitcoin is a lot scarier off exchange though, just remember that. Takes a shitload of time to transfer to and from an exchange, meaning you can't trade it as fast if youre afraid about things crashing. Good luck all.

>>3395923
Yes, that makes more sense to trust the rich guy CEO of the exchange doesn't it?

I mean, it's not having access to all those coins behind the scenes and first access to the order book doesn't mean its in his best interest to spread FUD so prices lower and he can take it all for himself.

Nope, not a shred of possibility there.

>>3397611
you dumb nigger he's saying his own exchange is getting shut down, what the fuck is wrong with you
how delusional are you?

China coins are fucked. I'm feeling comfy in Digibyte because there is almost no China exposure.

>>3397572
>why would they sell instead of just taking their crypto and sending it to a foreign exchange dummy


Because unlike some of you retards they understand that the chaos that will ensue from their home country banning BTC - fiat exchange will cause the price to dip, and they don't want to lose money.

>>3395605
>they banned crypto

the current situation proves most bitcoin "investors" have no clue what they're actually investing in. you can't ban bitcoin, that's the whole point of crypto, decentralization.

>>3397632
good luck buying crypto in china then you stupid monkey

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Let's hope buy walls keep it above 4k, otherwise I drop below 100k and become sad.

Maybe this is what the guy meant by making process low before btc/eth etf approval.

https://medium.com/@JesseLivermore/dear-crypto-youre-being-played-by-wall-street-35a1117ef859

>>3397632
i think they mean "make extremely hard to convert fiat into btc" kind of ban. which would be entirely possible.

>>3397626
...implying digimarines wont still be bagholding until the end of time (myself included welp time to go buy some rope)

STUPID GWAILOS MORE STUPID THAN HUKGWAIS

>>3397643
it would be hard but still possible you stupid monkey

>>3397632
You absolutely can ban it you braindead fuck.

You can't 100% prevent people from possessing it sure, but that's true of everything.

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So when do we buy the dip?

I got 3k invest in crypto right, most of it BTC

Should I turn it into fiat and buy the dip or just hold?

>>3397725
Now.

There's a double resistance at $4100 and 3500€, and it already held once.

>>3397743
Yes. RIGHT now. It's going to fall a lot further.

Buying the dip is also pretty stressful though, just accept the fact that you won't time the bottom perfectly.

It's trading for 4200 on Coinbase right now. What gives?

>>3397854
btc holders harder to shake out than other shit coins, thats what gives.

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>>3397777
I'm putting a 4 digit of fiat on this fucker, it's gonna be a long night.

>>3397602
Once more. This will bring the price of crypto up, not down. If you can only mine, guess how you'll have to get your hands on Bitcoin? If you have to meet in person, guess how much the premium is?

A lot. You will now have to effectively mine it. Crypto just became that much harder to purchase, unless going through coins like Monero or similar.

>>3397777
nice quads friendo

>>3397602

Bless you anon for taking the time to explain.

>>3396617
Keep ETH. Current state of things, if bitcoin gets fucked than ETH will soar. Korean are the biggest buyers of ETH, not chinese.

>>3396653
eth yes , tether maybe

>>3397602
>Takes a shitload of time to transfer to and from an exchange, meaning you can't trade it as fast if youre afraid about things crashing.

this is a good thing because you should never sell bitcoin

https://www.huobi.com/market/cny_btc

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Steady Niggers.

>>3395580
>>3398439

http://www.pbc.gov.cn/english/130721/3377816/index.html

>>3395742
>hashpower for btc mining goes bye bye.

It simply goes somewhere else ,it would end the chink monopoly on mining

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Fake

Chinese just woke up and bought the dip

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I am seriously sick and tired of these fucking chinamen raping the global economy just so they can larp as commies. Everyone else seems to get it, why are they so autistic?

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CHINA IS JUST WAKING UP NOW
CHINA IS JUST WAKING UP NOW
CHINA IS JUST WAKING UP NOW
BRACE FOR IMPACT
BRACE FOR IMPACT
BRACE FOR IMPACT

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>>3398425
why do prices on US exchanges take so long to reach equilibrium with China's sometimes?

>>3398875
because it takes time (days?) to transfer coins between exchanges. if the transfer speed was fast enough, you could buy coins at one exchange, transfer them to the other, and sell for a profit.

>>3395580
cause the most corrupt, gambling addicted people in the world will listen to their government.

t. people who havent been expats in Asia

>>3395897
Is everyone missing the point that if china bans mining (somehow?) then china will simply sell off their mining hardware to other countries?

>>3396630
Bitch I already bought 1.7K worth of bitcoin at 4.2K. If it goes even below 3K I'm buying 5K and then putting it all in a laminated paper wallet and going back to the normal life of being a wage slave.

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why do you think China colonize the fucking world?! To take advantage of the other regimes set of laws. This will change nothing, as the wealthiest people in China have shell enterprises indeed real enterprises set up globally.

seriously, somebody said 'that time you realise /bix/ is 12 year olds' and i laughed because it was about the green candle (light up, lambo btw... ;-)) . YUOu people must be very VERY young and havent done any work outside of your mothers dick if you think this is a concern. the only concern that i have is mass manipulation of the crypto system and its demise sooner than a bunch of slopes having to retool.

>>3395966
Sent ;)

Wow I actually got a net $35 gain out of this whole mess.
Not so bad for a wojack day.

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>>3397750
damn bro fuckin spot on

>>3396762
And this is why they wont stop mining. They will keep their rigs while living it up overseas.

Only pajeet can save you

Who gives a fuck about China. Japan, South Korea and India will replace them if they don't want to play the game.