Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: mayuri27 on March 16, 2018, 03:43:00 PM
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The current "crash" is caused by one bad "news" after another. A lot of them are the false or twisted truth.
For example, today, once again "China Full ban crypto". What the... Why is it causing another crash?? Why is it even "news"?
It was already banned in China back in September 2017. All trading platforms suspended trading in September. Anyone from China who still trade Crypto must be using foreign platforms. Sure, they reported that China added all crypto exchange sites to Great FireWall. So what? These people have VPNs! When I was in China, everyone who visits foreign sites use VPNs. Yes, China banned VPN as well a long time ago. So what? Everyone is still using it. Just like ignoring the traffic light is illegal in China, but at every intersection, you will see people ignore the red lights... the truth! Just because it is "illegal", does not mean no one will do it.
So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times). Do not fall for it!
1. Summer 2017, China banned ICO.
2. September 2017, China banned crypto trading.
3. November or December? China became unfriendly to crypto mining (Large-scale miners moved oversea already)
4. January 2018. China banned websites of foreign crypto exchanges. (VPN!!!)
5. Today, "China Full Ban Crypto"... (Really?)
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The current "crash" is caused by one bad "news" after another. A lot of them are the false or twisted truth.
For example, today, once again "China Full ban crypto". What the... Why is it causing another crash?? Why is it even "news"?
It was already banned in China back in September 2017. All trading platforms suspended trading in September. Anyone from China who still trade Crypto must be using foreign platforms. Sure, they reported that China added all crypto exchange sites to Great FireWall. So what? These people have VPNs! When I was in China, everyone who visits foreign sites use VPNs. Yes, China banned VPN as well a long time ago. So what? Everyone is still using it. Just like ignoring the traffic light is illegal in China, but at every intersection, you will see people ignore the red lights... the truth! Just because it is "illegal", does not mean no one will do it.
So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times). Do not fall for it!
1. Summer 2017, China banned ICO.
2. September 2017, China banned crypto trading.
3. November or December? China became unfriendly to crypto mining (Large-scale miners moved oversea already)
4. January 2018. China banned websites of foreign crypto exchanges. (VPN!!!)
5. Today, "China Full Ban Crypto"... (Really?)
Ok I get it, so china bans bitcoin/crypto currency. If I may ask, what's your point in this post? We know that China bans crypto, but on the other half, the title of this topic is "Stop listening to false news". Meaning this news is not true at all am I correct?
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yeah bro u are right
falls news make the investor afraid so that can gain more profits from investin the coins
media makes the investor victim to do that
and we also know that if the news is false then it makes a lots damage to the investors
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Only noobs believe in false news, they react before researching. Experienced traders or holders tend to confirm the news before making necessary measures. Noobs on the other hand panics and sells their coins even on a loss, thinking that the price will hit zero and will never rise again.
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It's really helpful post . Yeah everywhere are now fake news . I don't get it why people do such a think like that.
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Yes correct stop listening to false news because it never helps us it will bring us discouragement .Listening to false news will bring you down from your dreams .Its better to stay away from the people who brings fake or false news to avoid getting trouble .
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Correct .If I were to choose I wont easily believed those news they brought ,for us not to be discouraged . Because some does the false news for troubles and crime .
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To know is to believe , we may listen a news , but we should not be easy believe whatever stated in the news. Thats why we all need to know more about bitcoin or alts so we know which is true and which of it is fake.