China's War on Bitcoin? Well .. kinda - Opportunity Knocks!

in bitcoin •  2 months ago

Best AniGif ..EVVVERRR ..

MetaGaming, Chinese Politburo-Style

Well, we didn't get our asses kicked by FUD these past many days .. the Chinese government's many involvements and interfaces with Chinese-based business of all shapes and sizes, is a very territorial, very factional activity. You have some camps in the Chinese government that want to see someone or something succeed, and some in the government who wish to see the exact opposite. Bitcoin is currently the centerpiece of a factional struggle ... LiteCoin backers and supporters, NEO supporters .. so on and so forth .. but one thing above all, they do not wish to have the bulk benefits of such activity flow to people, places, and technologies that they do not support.

We do not know exactly what group has currently won control of levers of power, related to Bitcoin, and what their objectives are .. but .. for certain they have objectives! They are NOT simply shutting down unregulated exchanges .. this is just stage 1 of a longer, very purposeful effort.

Check this interesting little video by a str8-shootin trader .. not promoting him, because I think there's something a little 'off' with the club he supposedly represents, but .. some of his videos are right on the mark.

BitCoin Seoul

Well ... if it is, so it must be ..

We will survive of course! More room in the marketplace for exchanges in other parts of the world, more need of privacy-insuring tech .. more of everything, everywhere but China. So get busy, and fill the space our Chinese brothers and sisters have been forced to vacate, by government thuggery.

Buy the dips and especially "The Dip"!

There will not be many more opportunities to load up on under-valued coins, chief among them of course is Bitcoin. There are many others with a bright future, which have been knocked to their knees temporarily ... they will recover, and when they do you should already be strapped in and sitting comfortably on that rocket!

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Congratulations @kurtbeil
MinnowsPower listed your post "China's War on Bitcoin? Well .. kinda - Opportunity Knocks!" as one of the top 20 posts of the day...!!!
The current crypto market, the trend, the problem, and the future nicely discuss with your article.
100% Upvoted by @MinnowsPower

MinnowsPower is not a bot, I am a Crowdfunding Hybrid

i am waiting for more dips to grab some more coin thanks to the FUD that has been created due to regulations

@kurtbeil,
My personal believe is FUD or whatever those are giving us market drops to buy more BTC and other alternative coins. Look what kind of drama going around. NEO originated from China and it's showed a hue market pulse than other coins. Anyway whatever happen, I believe BTC will recover and will seek a new peak in next 2-3 months of time!
Great analysis report and thank you very much for sharing with us!

Cheers~

@kurtbeil - oh my goodness, very useful article Sir. Nicely express the situation. Therefore, I wish to ReSteem your post.

+W+ [UpVoted & ReSteemed]

just followed and upvoted. waiting for you :))

@kurtbeil Don't underestimate these Chinkis Mate, They started selling at $3900 - created panic - FUD, and bought back at $2900-$3000..
We can't match their shrewdness!

yes steem is very cheap because of it! I got me some :)

what they wanna achieve doing all this :(

Just Brock my heart
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@kurtbeli
OMG...this us great news for all crypto currency users....specially like me....
This is very useful article..and great analyse abour BTC...
Thank you so much sharing your valuble knowledge with us...upvoted...
Cheers~~~~

This post has received a 3.13 % upvote from @drotto thanks to: @banjo.

you have explained it nicely..even a beginner like me also can read and understand the situation..very informative..thanks for sharing sir :)

This post has received a 3.76 % upvote from @booster thanks to: @kurtbeil.

The fact remains that a hole community (chinese) wil not be able to openly trade and or mine BTC. so the btc price wil rise as some of the biggest farms where located in chine. But the chinese wil no longer buy them either so it wil drop. So in essence nothing wil spike or drop. My logic :)

I read an article saying the ICO ban was fake news....confused!

I thought you left steemit, glad to see your still here.

amigo #resteemia at your service

end of the drama, btc will rise up. nice analysis & article @kurtbeil

ReSteemia
'UpVoted ReSteemed Commented'