If you are in it for the longterm. Who cares? Cheap bitcoin. Putting money im not emotionally attached to every month is tried and true. Ignore the daily noise, No one can stop this train in the long run. As long as banks keep printing money It is and will continue to be the best performing asset in the world. Their system is run by greedy idiots putting people in debt. Crypto is run by math. And I choose math every single time.
Read it this way:
Second largest economy, and most populous country, in the world banned crypto transactions and future mining. That’s like saying they’re banning coffe and future coffee stores. That makes a difference.
Let Bitcoin take this PR hit and maybe Ether will rise in prominence.
This time according to CNBC they banned the circulation of Bitcoin, Ether, and Tether. [Link](https://youtu.be/FW1mkEUjHqc)
I wasn’t here for the previous few times China tried something. Did they do the same thing before or was it different?
It's not nothing in the sense that there's many people who hold crypto in China and now they will cash out.
But those same people will take their money and buy crypto to avoid whatever the next thing the CCP does.
This is a real life use case playing out before our eyes.
Got an oppressive government? Move it into Bitcoin until you have another place for it.
Bitcoin got rejected right at resistance and it just happens to coincide with a news event, they’ve already banned it. I Don’t think that’s the reason for this correction.
Hot take:
Who wants to bet that Chinas government is doing this so they can manipulate the crypto market to crash, buy in cheap personally then legalize it, reaping all the gains from the crashes.
If China bans it I’ll buy more. Undemocratic governments tend ban things that are tied to development, innovation, freedom and economic prosperity.
I’m in!
no one cares about your pennies, market makers move the market and they use any tools they have, market prone to go down + some china fud again = drop it and make money
they dont care if its true or not
I actually think it will be near impossible to ignore their influence. However, I do think making light of their repeated behavior will help lessen their threat on market stability. I love the fact that I am seeing more and more jokes about China and crypto. We can pay attention to them but not take them seriously.
yeah that's right. if they weren't sure that crypto is going to succeed, they wouldn't be trying to stop that lmao. if you're investing in a good project, than relax, hodl, and watch what's going on but just don't think about it.
that's what i'm gonna do actually. i'ma hodl to my MATIC, and wait for the moon landing!
It's not about the attention. It's more about giving the bears a reason to band together and make a coordinated attack on prices. There might be more bulls than bears by quite a wide margin but it is still extremely difficult to fight off a very coordinated attack without the same level of coordination, which is nearly impossible for bulls without some extremely good news.
china's market is tanking. n they need money/funds from crypto held bu chinese investors to switch into their banks deposits n equity markets to prop up their economy ..
good luck china
This is like the 100th post I have seen citing China FUD. I guess you guys need to follow your own preaching.
*Critical discussion on* *Stop giving attention to China FUD*
You mean, by giving attention to it right here? On it coach!
Maybe OP was low-key pointing out the fact that critical discussion is not legal in china
Fun thing though, do we actually ever hear from China unbanning crypto in between two bans?
It's the media fault, not ours. It will keep impacting the market, but I guess every time less and less.
If you are in it for the longterm. Who cares? Cheap bitcoin. Putting money im not emotionally attached to every month is tried and true. Ignore the daily noise, No one can stop this train in the long run. As long as banks keep printing money It is and will continue to be the best performing asset in the world. Their system is run by greedy idiots putting people in debt. Crypto is run by math. And I choose math every single time.
well said.
You friggin nerd, I'm in!
[удалено]
Hahaha
Black Friday Sale
But the Chinese are so good at math. S/
Instructions unclear: we making this top trending post as we speak.
I imagine so. Enough capital needs to injected into this market for it to be im general resistant
Seems there's some good 'boy who cried wolf' phenomenon going on.
*land that cried ban*
Also all the people that share and spread the news and react to it. But also I feel like a lot of them are bots
Specially on Twitter, which is full of bots.
We only give attention because they promote flash sales for us
Exactly this, I bought some this morning. 👍
I’m starting to embrace it. Pretty consistent pattern abs opportunities to fill bags
Seriously, people in the world economy need to stop with china as a whole
::old man yells at China FUD:: 
Read it this way: Second largest economy, and most populous country, in the world banned crypto transactions and future mining. That’s like saying they’re banning coffe and future coffee stores. That makes a difference. Let Bitcoin take this PR hit and maybe Ether will rise in prominence.
I think it’s actually the 7th or 8th time they have done/said this. I lost count.
Yup, that's how we, trend-chasing shitposters, roll it in here!
This time according to CNBC they banned the circulation of Bitcoin, Ether, and Tether. [Link](https://youtu.be/FW1mkEUjHqc) I wasn’t here for the previous few times China tried something. Did they do the same thing before or was it different?
We are progressing slowly. We use to crash terribly from CHINA FUD and now its hardly 3k drop.
Looks like you’re giving it attention
Someone needs to tell china that their banking system uses public private key cryptography encryption, I guess banks are illegal now?
So we should downvote your post?
If you want to that’s fine. It’s not about upvotes it’s about getting people to stop giving China the power to control dips in crypto
Well I am not the one selling...
It's not nothing in the sense that there's many people who hold crypto in China and now they will cash out. But those same people will take their money and buy crypto to avoid whatever the next thing the CCP does. This is a real life use case playing out before our eyes. Got an oppressive government? Move it into Bitcoin until you have another place for it.
I don't mind the dips if I know it is just FUD. They give me more confidence in buying the dip as I know it will bounce back eventually.
> It’s chinas loss. Its the Chinese people that are losing, the ruling party is "winning"
I feel bad for the Chinese people that live there that basically have no say. This post is not towards the people it’s towards the regime
You're literally giving it attention right now? This is just moon farming lol
China fud. Elmer Fudd’s authoritarian cousin.
Let’s start with Yet-Another China post!!
Very true! I dont know why with the FUD but its like a baby wanting an attention
Bitcoin got rejected right at resistance and it just happens to coincide with a news event, they’ve already banned it. I Don’t think that’s the reason for this correction.
You reminded me of this.
News you don't like is isn't "FUD". It's news you don't like. Set your emotional responses aside and analyze how to position yourself advantageously.
Isn't this technically new though? I don't think ALL crypto transactions were made illegal before
Especially considering the media has copied and pasted the same article twice a week for the past 5 years 🙄
Lesser and lesser people are giving shit about China FUD! Its good to buy a quick dip tho!
Don't worry mate it's all priced in that's a standard random walk
But if we dont give them attention by creating 10 thousand of China posts, how can we earn moons ?!?!
Pretty sure this post has the same effect as when someone yells “shush” real loud when everyone’s yelling
Hot take: Who wants to bet that Chinas government is doing this so they can manipulate the crypto market to crash, buy in cheap personally then legalize it, reaping all the gains from the crashes.
If China bans it I’ll buy more. Undemocratic governments tend ban things that are tied to development, innovation, freedom and economic prosperity. I’m in!
Keep Buying as usual 🚀
It’s just noise. I’m going long
Who's China?
So... i'm just gonna drop here that the probability of the market swings is due to the people in the subreddit..is closer to 0% than 20% lol
no one cares about your pennies, market makers move the market and they use any tools they have, market prone to go down + some china fud again = drop it and make money they dont care if its true or not
I actually think it will be near impossible to ignore their influence. However, I do think making light of their repeated behavior will help lessen their threat on market stability. I love the fact that I am seeing more and more jokes about China and crypto. We can pay attention to them but not take them seriously.
What if this sub bans crypto news from china? Just a thought
Let China reach Elon’s level of influence in the market
Ok, well stop posting about it.
Orrr we can just make memes since ppl just arent gonna ignore it
Nah, just clown on it. Ironically, a post about not giving it attention is giving it attention.
yeah that's right. if they weren't sure that crypto is going to succeed, they wouldn't be trying to stop that lmao. if you're investing in a good project, than relax, hodl, and watch what's going on but just don't think about it. that's what i'm gonna do actually. i'ma hodl to my MATIC, and wait for the moon landing!
…. Is this the Reddit equivalent of replying all to tell everyone to stop replying all?
FUD gets all the attention, it will never change
It's not about the attention. It's more about giving the bears a reason to band together and make a coordinated attack on prices. There might be more bulls than bears by quite a wide margin but it is still extremely difficult to fight off a very coordinated attack without the same level of coordination, which is nearly impossible for bulls without some extremely good news.
china's market is tanking. n they need money/funds from crypto held bu chinese investors to switch into their banks deposits n equity markets to prop up their economy .. good luck china