With this , I assume we have no winner?
Either way , if bitcoin was going below 100 or worse , that would have been a worthless prize.
Topic: China banned bitcoin. When will it crash? Win 0.1 BTC (Read 5483 times)
Sunday 14th December, 2 p.m. GMT
Panic or not is another thing. After all it's not panic if you are the first one to leave. And that's what smart people did.
Sheeps on the other hand either hold their coins and prayed to god or sold at 700$ and 600$?.
Sheeps on the other hand either hold their coins and prayed to god or sold at 700$ and 600$?.
$600 is where I bought back in.
ETA: $610 actually.
Let me guess. You sold at 1200 right?
I checked, was actually $1,150. So sue me.
Panic or not is another thing. After all it's not panic if you are the first one to leave. And that's what smart people did.
Sheeps on the other hand either hold their coins and prayed to god or sold at 700$ and 600$?.
Sheeps on the other hand either hold their coins and prayed to god or sold at 700$ and 600$?.
$600 is where I bought back in.
ETA: $610 actually.
Let me guess. You sold at 1200 right?
Panic or not is another thing. After all it's not panic if you are the first one to leave. And that's what smart people did.
Sheeps on the other hand either hold their coins and prayed to god or sold at 700$ and 600$?.
Sheeps on the other hand either hold their coins and prayed to god or sold at 700$ and 600$?.
$600 is where I bought back in.
ETA: $610 actually.
That is just speculation. The fact that the bitcoin address is no longer in a baidu page is a fact.
So panicking about it is pretty premature, isn't it, since all that anyone can say about it amounts to speculation.
Panic or not is another thing. After all it's not panic if you are the first one to leave. And that's what smart people did.
Sheeps on the other hand either hold their coins and prayed to god or sold at 700$ and 600$?.
China DID NOT BAN BITCOIN. You are right.
BUT BAIDU STOPPED ACCEPTING BITCOINS. If you can't see that there is an issue here then you are a bigger idiot than all of those that think that bitcoin is banned in china. No offence.
BUT BAIDU STOPPED ACCEPTING BITCOINS. If you can't see that there is an issue here then you are a bigger idiot than all of those that think that bitcoin is banned in china. No offence.
I think that has a lot more to do with specific implementation difficulties Baidu was having, and lack of interest among its particular customer base. These preceded the bank news.
Is this bank stuff an issue? Of course. I just don't think it's as much of an issue as you think.
That is just speculation. The fact that the bitcoin address is no longer in a baidu page is a fact.
For a bank to adopt a new technology would mean developing new methods, procedures and IT instruments. These projects can take years to complete properly.
Kids can develop those in their basement in just a few days and bank can't? Don't try to find something else than the obvious reality here.
...uh.. so Baidu announced it self censored to avoid any clashes with the gov't.
Yes it takes banks a lot longer than one single person in his basement (give me some example of kids developing new procedures and IT instruments in their basements.. last guys I knew who did that were Bill Gates and his buddy at apple, by no means were they "kids"). They have regulations, investors, corporate structures and bureaucracy not to mention they try and make money off of you while holding all your money.. I know for a fact that a lot of the systems in Canada for bigger banks are outdated and a lot of work is required by humans to bridge the gap a simple hardware + software upgrade would solve.
All those Chinese companies announcing accepting bitcoins were just for show, nothing more.
It's a good thing they moved away searching for the next eyeball attracting fad. We need companies with real intention doing business in btc, probably much smaller ones.
It's a good thing they moved away searching for the next eyeball attracting fad. We need companies with real intention doing business in btc, probably much smaller ones.
That is just speculation. The fact that the bitcoin address is no longer in a baidu page is a fact.
So panicking about it is pretty premature, isn't it, since all that anyone can say about it amounts to speculation.
China banned China.
China DID NOT BAN BITCOIN. You are right.
BUT BAIDU STOPPED ACCEPTING BITCOINS. If you can't see that there is an issue here then you are a bigger idiot than all of those that think that bitcoin is banned in china. No offence.
BUT BAIDU STOPPED ACCEPTING BITCOINS. If you can't see that there is an issue here then you are a bigger idiot than all of those that think that bitcoin is banned in china. No offence.
I think that has a lot more to do with specific implementation difficulties Baidu was having, and lack of interest among its particular customer base. These preceded the bank news.
Is this bank stuff an issue? Of course. I just don't think it's as much of an issue as you think.
That is just speculation. The fact that the bitcoin address is no longer in a baidu page is a fact.
For a bank to adopt a new technology would mean developing new methods, procedures and IT instruments. These projects can take years to complete properly.
Kids can develop those in their basement in just a few days and bank can't? Don't try to find something else than the obvious reality here.
China DID NOT BAN BITCOIN. You are right.
BUT BAIDU STOPPED ACCEPTING BITCOINS. If you can't see that there is an issue here then you are a bigger idiot than all of those that think that bitcoin is banned in china. No offence.
BUT BAIDU STOPPED ACCEPTING BITCOINS. If you can't see that there is an issue here then you are a bigger idiot than all of those that think that bitcoin is banned in china. No offence.
I think that has a lot more to do with specific implementation difficulties Baidu was having, and lack of interest among its particular customer base. These preceded the bank news.
Is this bank stuff an issue? Of course. I just don't think it's as much of an issue as you think.
For a bank to adopt a new technology would mean developing new methods, procedures and IT instruments. These projects can take years to complete properly.
I believe banks will adopt crypto currencies but they need time to start and complete the necessary projects to get there. And they need to adhere to the laws if any exist.
If not laws need to be made first, we all know that can take years too.
As you can see alot of work has to be done, decisions to be made, financial structure reform, this doesn't mean the have permanently stopped bitcoin from succeeding it will just take a few years before they can adopt.
China DID NOT BAN BITCOIN. You are right.
BUT BAIDU STOPPED ACCEPTING BITCOINS. If you can't see that there is an issue here then you are a bigger idiot than all of those that think that bitcoin is banned in china. No offence.
BUT BAIDU STOPPED ACCEPTING BITCOINS. If you can't see that there is an issue here then you are a bigger idiot than all of those that think that bitcoin is banned in china. No offence.
I think that has a lot more to do with specific implementation difficulties Baidu was having, and lack of interest among its particular customer base. These preceded the bank news.
Is this bank stuff an issue? Of course. I just don't think it's as much of an issue as you think.
BTC's under $400 During the next 14 hours.
I 'm wandering how people choose their random guesses. I mean 14 hours? Why not 13 or 15?
I was in fact thinking about 13 or 15, but ended up in the middle.
Well it seems that you were wrong anyway. Keep on guessing though.
Was everyone really expecting the King of China to declare Bitcoins a national currency? Get a grip folks.
I dont hope any country make Bitcoins a national currency. But banning listing product/service prices in BTC is big punch. Hopefully this can not happen in free countries.
Not even the Great Firewall of China can stop bitcoin, Just because Chinese financial institutions have Supposesdly "banned" bitcoin, doesn't mean that the chinese populous will stop using it, I think the only think that could cause that would be if it became illegal to have bitcoins
CHINA DID NOT BAN BITCOIN, They declaired it as "not a currency" and therefore finnacial instituions in china are Not Allowed to accept it as currency.
Bitcoins ARE NOT illicit/illegal in china in any way shape or form.
Read the headlines carefully "China Bans Financial Companies From Bitcoin Transactions"
Where the HELL does it state that bitcoins are banned?
"the People’s Bank of China said it isn’t a currency with “real meaning” and doesn’t have the same legal status. The public is free to participate in Internet transactions provided they take on the risk themselves, it said. "
CHINA DID NOT BAN BITCOIN, They declaired it as "not a currency" and therefore finnacial instituions in china are Not Allowed to accept it as currency.
Bitcoins ARE NOT illicit/illegal in china in any way shape or form.
Read the headlines carefully "China Bans Financial Companies From Bitcoin Transactions"
Where the HELL does it state that bitcoins are banned?
"the People’s Bank of China said it isn’t a currency with “real meaning” and doesn’t have the same legal status. The public is free to participate in Internet transactions provided they take on the risk themselves, it said. "
Be informed.
China stance on BTC http://www.reddit.com/r/Bitcoin/comments/1sbefw/chinese_investment_banker_says_what_nobody_in_the/
Not even the Great Firewall of China can stop bitcoin, Just because Chinese financial institutions have Supposesdly "banned" bitcoin, doesn't mean that the chinese populous will stop using it, I think the only think that could cause that would be if it became illegal to have bitcoins
CHINA DID NOT BAN BITCOIN, They declaired it as "not a currency" and therefore finnacial instituions in china are Not Allowed to accept it as currency.
Bitcoins ARE NOT illicit/illegal in china in any way shape or form.
Read the headlines carefully "China Bans Financial Companies From Bitcoin Transactions"
Where the HELL does it state that bitcoins are banned?
"the People’s Bank of China said it isn’t a currency with “real meaning” and doesn’t have the same legal status. The public is free to participate in Internet transactions provided they take on the risk themselves, it said. "
CHINA DID NOT BAN BITCOIN, They declaired it as "not a currency" and therefore finnacial instituions in china are Not Allowed to accept it as currency.
Bitcoins ARE NOT illicit/illegal in china in any way shape or form.
Read the headlines carefully "China Bans Financial Companies From Bitcoin Transactions"
Where the HELL does it state that bitcoins are banned?
"the People’s Bank of China said it isn’t a currency with “real meaning” and doesn’t have the same legal status. The public is free to participate in Internet transactions provided they take on the risk themselves, it said. "
China DID NOT BAN BITCOIN. You are right.
BUT BAIDU STOPPED ACCEPTING BITCOINS. If you can't see that there is an issue here then you are a bigger idiot than all of those that think that bitcoin is banned in china. No offence.
BTC's under $400 During the next 14 hours.
I 'm wandering how people choose their random guesses. I mean 14 hours? Why not 13 or 15?
I was in fact thinking about 13 or 15, but ended up in the middle.
BTC's under $400 During the next 14 hours.
I 'm wandering how people choose their random guesses. I mean 14 hours? Why not 13 or 15?
The price has barely moved an inch since China declares that bitcoin has "no meaning"
oooooh, scary!
lol
oooooh, scary!
lol
Thanks for jinxing us.
Asshole.
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