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Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal (32007 Views)

Naira Falls After CBN Stops Forex Sales To BDCs / Bitcoin Falls Sharply After China Signals Cryptocurrency Crackdown / Bitcoin Value Reaches $14,000 | Everything You Need To Know (2) (3) (4)

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Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by hefelove(m): 7:59am On Sep 25, 2021
This is the best time to buy and invest and reap the fruit of your labour around December/January. If you know you know.

1 Like 1 Share

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Rubbiish(m): 8:00am On Sep 25, 2021
Mftivi:
projection is down towards 28k on the extreme 15k. Gotta live volatility, it’s like Santa handing free paychecks

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Theelders: 8:05am On Sep 25, 2021
Market wey dn dey corect �
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Ofadaman(m): 8:06am On Sep 25, 2021
No crytpo trader can die a virgin, because the market fvcks them daily
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Maxwell4404(m): 8:09am On Sep 25, 2021
China done first declear BTC illegal b4 na dem still raise am up again, its nothing new to all btc earners

1 Like 1 Share

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by crafteck(m): 8:10am On Sep 25, 2021
tahir01:
This is serious o

Even when it wasn't declared as illegal in China it normally Falls up to 5,000 or 10,000 then goes back up this is nothing new
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Enyimbamercedes: 8:12am On Sep 25, 2021
Get your money ready to do what?

Buy the dip!

This is all designed to shake out the weak hands ! We hear this every time and the paper hands will sell …

I’m the king of hodling and in October there will be mad profits to be made.
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by watchindelta(m): 8:13am On Sep 25, 2021
But bitcoin is 42k today na undecided
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by BluelightHotel: 8:14am On Sep 25, 2021
How many times are the Chinese gov going to ban bitcoin?


It’s obvious that they can’t ban it,they release such a silly news every few months.

Good on them happy keeping their citizens poor.
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by ILuvMerije(f): 8:19am On Sep 25, 2021
Enyimbamercedes:
Get your money ready to do what?

Buy the dip!

This is all designed to shake out the weak hands ! We hear this every time and the paper hands will sell …

I’m the king of hodling and in October there will be mad profits to be made.



Please, how can I get started with crypto?
Kindly help out

1 Like

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by otukpoyam(m): 8:21am On Sep 25, 2021
RapistOnBail:

Which business man in his right mind would do business based on unforeseen/Un calculated risk?

Bitcoin/Crypto currency is for the novices who wants to get rich quick.

Thank you federal Government(FG) for banning this legal and accepted Ponzi scheme.

I wonder how the economy would have dropped drastically had it been the government didn’t place a ban on banks trading cryptos.




Tell them. Bitcoin ETC has no store of value, is not fiat, is highly speculated and volatile.

1 Like

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by smasher1(m): 8:23am On Sep 25, 2021
ATEAMS:
No shaking...as far as the internet exist.... CRYPTO have comes to stay buddy... you can't stop the internet ma G

CRYPTO will rise regardless.....Take it or leave it.
Hands down...

They should rather go and sleep or start banning computers in their regions ....


Its merely a cyber war...no too much talk about Chinese CRYPTO rivalries

With all the Banning technologies ..they still haven't found Bitcoin Creator( the dude is invisible but he's amongst the top 10 world richest in terms of BTC value ) n that's right there inside the con3....Damn..

In my con3 CRYPTO have done well to the masses and elite(ask mallami Kaaba)in times this current Nigeria economic free fall

Even the banks and their bankers secretly invest in cryptocurrencies..damn

Drop mic

Falacy, especially the last sentence.
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by sheanzy(m): 8:26am On Sep 25, 2021
crafteck:


Even when it wasn't declared as illegal in China it normally Falls up to 5,000 or 10,000 then goes back up this is nothing new
My man the ignorance in nairaland baffles me..

Bitcoin has been dropping between 20%,no one talked sometimes 15% no one talk

Now way China ban am e drop only 5% everybody don Dy shout.. nairalanders too mumu

This month alone I have made up to 2000$ and still counting

3 Likes 2 Shares

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by kevoh(m): 8:29am On Sep 25, 2021
Bitcoin price that has already regained! Mtcheew!
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by NaMe4: 8:31am On Sep 25, 2021
Rubbiish:
Nonsense!
Bitcoin dropped from 52k to 43k weeks before China news! I was even expecting it to drop below this, but guess everyone is getting use to this repeated manipulative China news! Anytime china ban bitcoin, know something big about bitcoin is coming!

I always advise traders to take most of the so-called news with a pinch of salt.

Looking at the charts I'm yet to see any impact of this piece of news on the course of price movement. In fact, in the next few weeks, we should be witnessing strong increase in value of Bitcoin.

3 Likes 1 Share

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Holyman3(m): 8:33am On Sep 25, 2021
That means naira will crash more because we have big market
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by bluefilm: 8:40am On Sep 25, 2021
Fück china
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Clean2016: 8:42am On Sep 25, 2021
post=106147671:


Nairaland.com Rule 16.

Emphasis on Word in red.......

See the advert.. which rule again
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Theunbothered: 8:43am On Sep 25, 2021
RapistOnBail:

Which business man in his right mind would do business based on unforeseen/Un calculated risk?

Bitcoin/Crypto currency is for the novices who wants to get rich quick.

Thank you federal Government(FG) for banning this legal and accepted Ponzi scheme.

I wonder how the economy would have dropped drastically had it been the government didn’t place a ban on banks trading cryptos.




The entire point of business is taking risks in the hopes of gaining profit.

This is how you identify those who failed economics in secondary school.

3 Likes

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Hassanmaye(m): 8:47am On Sep 25, 2021
slawormiir:
Damnnn niggar
Isoright...

No one can stop bitcoin.....it has come to stay like a real moda fuckker
Haha damn
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Theunbothered: 8:49am On Sep 25, 2021
dalongjnr:
China proved that FGN is correct about crypto-currency stuff.

This is how you identify those who don't read news.

China has "banned" cryptocurrency numerous times in the past.

Second, Nigeria banned cryptocurrency, only to come out months later and force their own digital currency on Nigerians.

Nigeria under this current administration rarely makes any sound business decisions, just ban so their friends can have a monopoly over everything.

3 Likes

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Enyimbamercedes: 8:51am On Sep 25, 2021
ILuvMerije:




Please, how can I get started with crypto?
Kindly help out

By buying it
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by hosemujica: 8:52am On Sep 25, 2021
SmellySperm:
Abeg Wich coin is the next rising coin for a starter like me? I wan invest abeg. Apart from Bitcoin and ethereum
Checkout, Solana, Polymath, Polkadot.

1 Like

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Care4: 8:53am On Sep 25, 2021
Another (bad) example for Nigeria clueless financial and economy gate keepers.
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Nobody: 8:56am On Sep 25, 2021
China is Manipulating the Market again it’s not the first time they are doing it . If you like fall for it with fear and lose your coins you go buy an back when e done expensive
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by juman(m): 8:58am On Sep 25, 2021
Do cryptocurrency with money you will be too sad if lost.
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by KingOfAmebo(m): 8:59am On Sep 25, 2021
RapistOnBail:

Which business man in his right mind would do business based on unforeseen/Un calculated risk?

Bitcoin/Crypto currency is for the novices who wants to get rich quick.

Thank you federal Government(FG) for banning this legal and accepted Ponzi scheme.

I wonder how the economy would have dropped drastically had it been the government didn’t place a ban on banks trading cryptos.




"Olodo, It would have been better if you just kept quiet than embarrassing yourself online with this your newly found ignorance...

The difference between Fiat Currency and Cryptocurrency is that one is regulated and traceable by banks while the other is untraceable and cannot be regulated by anyone.

Rather than come online to disgrace yourself it would have been better you just use Google to educate yourself... Google is free". - Village People spokesperson.

1 Like

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by izubext007: 9:03am On Sep 25, 2021
Thank I never learn this stupid business

1 Like

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by mariahAngel(f): 9:03am On Sep 25, 2021
Theunbothered:


This is how you identify those who don't read news.

China has "banned" cryptocurrency numerous times in the past.

Second, Nigeria banned cryptocurrency, only to come out months later and force their own digital currency on Nigerians.

Nigeria under this current administration rarely makes any sound business decisions, just ban so their friends can have a monopoly over everything.

You’re absolutely correct.
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Mccullum: 9:07am On Sep 25, 2021
ATEAMS:
No shaking...as far as the internet exist.... CRYPTO have comes to stay buddy... you can't stop the internet ma G

CRYPTO will rise regardless.....Take it or leave it.
Hands down...

They should rather go and sleep or start banning computers in their regions ....


Its merely a cyber war...no too much talk about Chinese CRYPTO rivalries

With all the Banning technologies ..they still haven't found Bitcoin Creator( the dude is invisible but he's amongst the top 10 world richest in terms of BTC value ) n he's right there inside the con3....Damn..

In my con3 CRYPTO have done well to the masses and elite(ask mallami Kaaba)in times this current Nigeria economic free fall

Even the banks and their bankers secretly invest in cryptocurrencies..damn

Drop mic

No one arguing on internet and computer which are the strength of criptocurrency, the information here is any activity relating to it has been criminalized in Chinese community..

Get it straight..
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by juman(m): 9:08am On Sep 25, 2021
There are big fraud among most big traders of that currency, as reported.
Dont fall for their deceptions.
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Ikillbrokehoes(m): 9:12am On Sep 25, 2021
I will still buy more BeeTeeCee, I will advise those that have money to buy more BeeTeeCee and hodl

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