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2265031 No.2265031 [Reply] [Original]

CHINA LIFTING WITHDRAWAL RESTRICTIONS IN JUNE WILL CAUSE A HUGE CRASH THEORY BTFO

Anyone remember faggots like this:
>>2200020

>>2159143

Well, now that the Chinese exchanges are allowing withdrawals, are they all trying to sell and flee from Bitcoin? FUCK NO They're lining up to buy MORE. HAHAHAHAHAHAHAHAHAHAHAHAHAHA.

https://cointelegraph.com/news/bitcoin-price-recovers-to-2400-as-chinese-exchanges-resume-withdrawals

https://www.reuters.com/article/us-china-bitcoin-idUSKBN18S42X

https://www.bloomberg.com/news/articles/2017-06-01/china-s-largest-bitcoin-exchanges-to-again-allow-withdrawals

Post screencaps of people "warning" that this would crash the price.

>> No.2265070
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2265070

>>2265031
>the wolf of poloniex
>that profile pic
>that arrogance

>> No.2265084

I went through this thoroughly on multiple occasions here, i hope to fucking god some anons actually took me seriously, regret not providing it in a copypasta format

>> No.2265085
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2265085

Freezing withdrawals crashed the price. Now they're assured that they could safely buy and withdraw more bitcoin it's price shouldn't change.
I guess people thought that all of them would run to withdraw their shit in fear of it getting frozen again.

>> No.2265099

Why would this crash the price? The chinese want to get the money out of China, not back into China...

Anything they wanted to do, they can already do.

>> No.2265105

>>2265031
Why the fuck would Chinks want to turn their BTC into CNY? If anything the recent price rally is a reassurance to hold.

The CNY is notoriously blown up by the government. It's unstable. And every Chink with any kind of money tries to dump his CNY and acquire some value holding assets.

If you want to see if the Chinks are going to leave BTC then watch the Chinese jade market. As soon as Chinks start dumping their jade they will probably dump BTC, too.

Until then: Every Chink who can get his hands on BTC in exchange for CNY is a happy chink.

>> No.2265109

Litecoin is down 9.04% in the past hour.

>> No.2265137
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2265137

didnt it go down when they put the ban up? makes sense it would go up when they lift it. tide goes in tide goes out.

>> No.2265138

so when its going to crash faggots?

>> No.2265147
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2265147

>>2265109
SELL SELL SELL

>> No.2265154

>>2265138
always do the opposite of what the jews say.

>> No.2265233
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2265233

>>2265147
Holy shit did I dodge a bullet there. Thank anon, got out in the nick of time.

>> No.2265245
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2265245

>>2265154
are they here? What about digibyte? considering its not a trap at 6-10th june, will it resist? And Sia?

Do they resist? Does crash comming before that time? or after? everywy it's bad, if it's going to happend befeore, the potential mooning of dgb and sia will be canceled and we SHOUL SELL NOW, if it goes before whe still don't know the time of the crash and how long we should hold

FUCK THIS IS STRESSFULL


DOES GOVERMENT REALLLY SAY SHIT WHEN THEY GOING TO DO THIS?!

>> No.2265283

>>2265147

I suck at this. I bought 10 at $29 thinking it would go up, haha. oh well.
and 4 of them don't come until next week (bank transfer)

I don't know what to sell/trade for, coinbase only has 3 options. Any good altcoins that will gain a lot next week?

I'm starting to hate crypto and how unpredictable it is.

>> No.2265293
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2265293

>chinks capital-flight pumping crypto
>thinks they'll want to withdrawal
nocoiners face when it only goes UP

>> No.2265305

>>2265245
i meant buttcoin is not going to crash you dumb truck. jesus. the chinks didn't put all their ching chong funny money into buttcoins just to pull it back out.

>> No.2265343

>>2265031
Uhhhhh its all the previous frozen assets? The goverment locked down a good portion of chink assets so its basically in limbo land, i am pretty sure they stopped freezing new accounts and that would explain the new exhanges. But still theres a good portion of frozen accounts that no one knows what would happen to

>> No.2265405

>>2265305
Buying gold and silver with it. Nothing to see here, just keep walking.

>> No.2265447

>>2265233
>>2265283

I was joking. Any tiny dip or change in ltc at the moment is lately largely irrelevant when you take some perspective.

Relax

>> No.2265599

>>2265070
its yoke my friend
also he has decent calls

>> No.2265621

THEY ARLEADY DIT IT DUMB FAGGOTS

http://www.pymnts.com/news/payment-methods/2017/chinese-cryptocurrency-bitcoin-exchanges-open-again-for-withdrawals/

>> No.2265772

>>2265621
And "Wolf" has already stated that he's buying back into BTC today.

>>2265154
so you were rigt