Topic: BREAKING: BITCOIN IN CHINA IS LEGAL AND NOT BANNED (Read 2628 times)
It's being banned. Bitcoin is being banned in China. There we go; didn't really hurt much!
Still not banned
Of course it isn't banned. You can legally own bitcoins. You just can't buy them or sell them through exchanges, lol.
and when the exchanges all move out of china .the great wall of the china internet will likely ban the sites
man everyone should see this coming ...exchanges will have to go outside china...china will lose control of manipulating major china exchanges on bitcoin..china will ban all trade outside of china on these exchanges..and lock out the www sites etc
of course it won't work..but likely will have a chilling effect on noobs getting into bitcoin in china
what I still would like to know is if they are gonna then go after the ASIC manufacturers of miner machines and lock their cash flow to an fro to...
it might not be banned...but the above to senarios sure could slow the growth down a lot in china imho
Searing
still not banned, so we will see another banning from PBOC and make BTC prices dip like before
They would love to ban bitcoin, but its very hard to do as it requires extensive and specific changes in the law to make sure it doesn't affect all means of exchange of information.
Much easier to just cut off any flow of fiat in or out of the system, the effect is basically the same.
Much easier to just cut off any flow of fiat in or out of the system, the effect is basically the same.
bitcoin probly legal.
But exchange chinese money for bitcoin is being more and more discouraged
But exchange chinese money for bitcoin is being more and more discouraged
Still not banned. Looking forward to the next 'ban'
In another 3-4 week's time we will have our next bitcoin-is-not-banned-in-china Bull-FUD. Stay tuned.
China is one big bluf
Someone make a shirt that says still not banned.. and send me one. Hey you can still make person to person transactions so it's not all bad.
It's essentially banned if fiat can't flow in and out of it. Stop being silly. Sell me your coins.
Still not banned
Of course it isn't banned. You can legally own bitcoins. You just can't buy them or sell them through exchanges, lol.
Still not banned
Prtcoin.com
Is that verification enough? Is there any translated page btw?
Is that verification enough? Is there any translated page btw?
You can use Google translator or chrome to see the translation
Prtcoin.com
Is that verification enough? Is there any translated page btw?
Is that verification enough? Is there any translated page btw?
Still not banned
how about now? ...
..thought not!
Still not banned
how about now? ...
..thought not!
All the ban stories coming out of China are nothing more than attempts to manipulate the price.
Still not banned
No one claimed bitcoin in itself was banned by China, that was never the case but I keep seeing silly threads like this one.
It was always bans of deposit and withdrawal methods first third party processors then banks. Chinese authorities know bitcoin being decentralized cannot be banned directly so the only way is to make it so hard to invest that the masses simply exit and don't bother with it.
It was always bans of deposit and withdrawal methods first third party processors then banks. Chinese authorities know bitcoin being decentralized cannot be banned directly so the only way is to make it so hard to invest that the masses simply exit and don't bother with it.
maybe the chinese will introduce "effective double taxation". sales tax when you buy the bitcoins. capital gains when you sell.
No one claimed bitcoin in itself was banned by China, that was never the case but I keep seeing silly threads like this one.
It was always bans of deposit and withdrawal methods first third party processors then banks. Chinese authorities know bitcoin being decentralized cannot be banned directly so the only way is to make it so hard to invest that the masses simply exit and don't bother with it.
It was always bans of deposit and withdrawal methods first third party processors then banks. Chinese authorities know bitcoin being decentralized cannot be banned directly so the only way is to make it so hard to invest that the masses simply exit and don't bother with it.
Jump to: