Sell your Bitcoins now before the massive herd of Chinese buyers sell by the end of Oct. causing Bitcoin and Altcoins to crash down unlike any crash you have seen before, including Litecoin, Ripple XRP, Ethereum, etc.

in #bitcoin7 years ago (edited)

Then, the largest buying-block of cryptos which is Chinese buyers will not be returning to the crypto market in China after Nov.1, given China is blocking their IP addresses from trading any cryptos outside China. You can google to verify this news.

The Bitcoin party is over folks and you can thank China's Gov't.

Good luck if you gamble in cryptos.

P.S. It could also be a gradual decline in prices towards the end of Oct. too, as many Chinese owners will wait hoping Bitcoin goes up before the make their final exit. With that, if you are into Cryptos, Nov.1 may be the greatest bottom you have seen in all Cryptos this year in 2017, which would be the time to buy, buy, buy when their prices are the lowest, due to the massive surge of selling-pressure from Chinese buyers as they exit Cryptos by the end of Oct. With that, wouldn't be surprised to see Ethereum under $100, Litecoin under $10, Ripple XRP at .10 cents on or before the end of Oct. Time will tell.

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Good thoughts. I am sitting on the side with cash in hand, waiting for a bloody crash to buy into.

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