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Topic: BREAKING NEWS: Bobby Lee Confirms Bitcoin China Ban, It's finally Happened - page 5. (Read 5683 times)

full member
Activity: 532
Merit: 100
PrimeDAO - An Adoption Engine for Open Finance
You better not sleep tonight  Cheesy
sr. member
Activity: 308
Merit: 251
Giga
this being posted on april 1st may delay people taking it seriously.

the article is actually April 2nd (check timestamp), It's morning (april 2) in Australia / China region right now.
legendary
Activity: 2072
Merit: 1001
this being posted on april 1st may delay people taking it seriously.
hero member
Activity: 504
Merit: 500
Moderator
I saw a few postings about this article (on reddit and coindesk).
What do you think will result from this and will anything significant happend april 15th
Also, will price go up from here or stay similar?

WE WILL GO DOWN! millions of dollars are leavin the market. no fresh chinese money comin in.~4000 new coins are mined everyday and have to be bought.

There is only one way.
DOWN
sr. member
Activity: 308
Merit: 251
Giga
The Australian is a very reliable news paper, this is legit i believe it. I guess the banking ban is real afterall, interesting times.
hero member
Activity: 504
Merit: 500
Moderator
HOLY SHIT! Thanks for the update. This will be worse than most expect!
If China is out Bobby Lee will take all those coins with him and sell them on western exchanges.
He stated that a few weeks ago!
I´m really scared about the low bid depth on Bitstamp &BTC-E.
They can´t take a hit this big.
I´m not sure if we will stay above 100$ for long.
hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
Bobby is a bag holder.  Grin

hero member
Activity: 518
Merit: 500
I saw a few postings about this article (on reddit and coindesk).
What do you think will result from this and will anything significant happen on april 15th
Also, will price go up from here or stay similar?

full member
Activity: 532
Merit: 100
PrimeDAO - An Adoption Engine for Open Finance
Guys, this is just in fresh news from China and confirms the insider news i previously had, the Ban is REAL.

here you go:

http://www.theaustralian.com.au/business/latest/china-clamps-down-on-bitcoin/story-e6frg90f-1226871648275

BOB LEE ALSO CONFIRMS IT !

Quote:"There will definitely be a negative impact to the exchanges," said Bobby Lee

Get ready for the selling (slaughter) this week.

Here's the insider news (was heavily criticized) i had days earlier: https://bitcointalksearch.org/topic/cosmopolis-prepare-for-bitcoin-266-retest-549790
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