RE: Chinese Crypto Exchange Ban is FUD, Hopefully you made some cheap BTC orders!

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Chinese Crypto Exchange Ban is FUD, Hopefully you made some cheap BTC orders!

in bitcoin •  7 years ago 

BTC is not cheap. It is declining at this day after JP Morgan Chase called it as FRAUD.
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7 years ago by

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      ·  7 years ago 

    Don't think that JPMorgan have much influence... China ban on the other hand :(

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    5 votes
    [-]
      ·  7 years ago 

    What?? No china is not banning crypto you're believing that FUD??? china is just regulating ICs! wtf man u guys are crazy! come on don't seriously feel bad because a number went down, u all know bitcoin is more than just a number it represents something extremely useful and will only keep going up, we all know bitcoin is valuable and the dollar is the fraud

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    [-]
      ·  7 years ago 

    Totally agree here. JPMorgan is not the reason for the price decline.

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    [-]
      ·  7 years ago 

    The price decline because the chart are made by long and short candle. In the chart we have support, resistance, fibonacci and others levels and it's obvious that the price need to hit this level.
    It's called technical analysis and no graphics, even bitcoin, can be free from these logic

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      [-]
        ·  7 years ago 

      I want to think that, but it shows in trading ... then China banning exchange is added insult to injury.

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        [-]
          ·  7 years ago 

        Anyone who got out on the words of Jamie Dimon was an idiot. Obviously the head of JPM is going to discredit bitcoin; it stands to disrupt life as he knows it

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          [-]
            ·  7 years ago 

          I think the market laughed off the JP Morgan comments.

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          3 votes
          [-]
            ·  7 years ago 

          wtf yes BTC is cheap! it is declining because of weak hands, new investors, all the people who bought bitcoin since $3200 haha $its still up SO much from where it was compared to stock and any other mainstream investment bitcoin has been making people soooo much money i cant believe peter schiff tries to claim gold has been going up as if that is in any way comparable to bitcoins increase in price, they never ever ant to LOOK at the 1000% type increases or MORE that bitcoin and altcoins give! they make the stocks 7% yearly average look like a joke! bitcoin will go up 7% in a day! its crazy! People are freaking out over a TINY bit of bitcoin price being shaved off! Its all the institutional investors and dumb old people who have been recently buying bitcoin and now they sold it thinking they HAVE to listen to Jamie Dimon EVEN AFTER jamie dimon has a fucking ETHEREUM fucking conference HOSTED by JP Morgan in San Francisco , so he will be having to fire everyone at his san francisco office now, and everyone involved in signing up JP Morgan with the Ethereum Alliance....yeah Oh so JP Morgan thinks Ethereum is somehow different from bitcoin because of....blockchain??? yeah its fucked up that they try to separate blockchain from bitcoin! hahaha NO thats NOt how it works! altcoins all gain power from bitcoin and MAYBE steem is one of the few coins that can be separated over time but only with USD Steem pairs and steem to fiat gateways and bank deposits withdrawals like coinbase and Steem ATMs and now we just have Bitcoin and bitcoin fiat gateways so people need to see that Bitcoin is NEEDED for aLL crypto it IS crypto! Bitcoin IS crypto currency! the whole thing revolves around bitcoin period the end bitcoin is crypto u cant separate it, there's nothing else like bitcoin they won't be ABLE to create a sort of replacement for such a decentralized organic network lol i mean now they have bitcoin satellites so yeah

          tell me jaime dimon, do you think that Bitcoin Satellite is just a fraud too?

          JP Morgan Chase is the fraud! this is ALL going to blowback in JP morgan's face as people learn about the 2008 financial crisis and WHY bitcoin was invented in the first place!

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            [-]
              ·  7 years ago 

            Anyone who believes in blockchain and what it aims to accomplish, would not care what the CEO of one of the largest banking services has to say about it.

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              [-]
                ·  7 years ago (edited)

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