Topic: China banned bitcoin. When will it crash? Win 0.1 BTC - page 4. (Read 5483 times)
Cao, managine director at Lightspeet Venture Partners, which recently invested $5 million in BTC China, said he would not be surprised to see the value of bitcoins fall as much as 50 percent over the next week or two.
When will btc crash under $400 ?
The winner gets 0.1 btc!
The winner gets 0.1 btc!
The price has barely moved an inch since China declares that bitcoin has "no meaning"
oooooh, scary!
lol
So an inch now = $300? Wow, I'd hate to see it move a foot!
When will btc crash under $400 ?
The winner gets 0.1 btc!
The winner gets 0.1 btc!
The price has barely moved an inch since China declares that bitcoin has "no meaning"
oooooh, scary!
lol
An inch= $150+
Allow me to reiterate:
中国人民银行等五部委发文，要求防范比特币风险。通知明确表示比特币是一种特定的虚拟商品，不具有与货币等同的法律地位，不能且不应作为货币在市场上流通使用。
Translation: The People’s Bank of China has issued a statement requiring guard and wariness regarding Bitcoin’s risk. In a clear notification statement, Bitcoin is a type of particular fictitious and theoretical commodity, not one possessing the status of legal, and moreover cannot act as circulating currency in the market.
This does NOT just apply to financial companies and banks, as is clearly stated from the PBOC development today.
More in the link I posted.
中国人民银行等五部委发文，要求防范比特币风险。通知明确表示比特币是一种特定的虚拟商品，不具有与货币等同的法律地位，不能且不应作为货币在市场上流通使用。
Translation: The People’s Bank of China has issued a statement requiring guard and wariness regarding Bitcoin’s risk. In a clear notification statement, Bitcoin is a type of particular fictitious and theoretical commodity, not one possessing the status of legal, and moreover cannot act as circulating currency in the market.
This does NOT just apply to financial companies and banks, as is clearly stated from the PBOC development today.
More in the link I posted.
Win 10 bitcoins from me if it crashes to zero (I will keep the rest as a nice round number for a memento). 
"China's government banned financial institutions from trading in bitcoin on Thursday" (not from banking individual account holders).
I would hope that financial institutions can't trade it.. that's not what bitcoin is meant for
"China's government banned financial institutions from trading in bitcoin on Thursday" (not from banking individual account holders).
Hmmm. and if it doesn't fail you keep the bets, right? lol
When will btc crash under $400 ?
The winner gets 0.1 btc!
The winner gets 0.1 btc!
The price has barely moved an inch since China declares that bitcoin has "no meaning"
oooooh, scary!
lol
When will we see an entire day (24 hour period, UTC time) of purely level-headed, good-mannered discussion here on Bitcointalk.org, without trolling or hyperbole? The winner gets 1 BTC.
Caveats:
-The forum being inaccessible, abandoned or otherwise quiet doesn't count.
-Answer must be a definite time. "never" doesn't count!
-If you actually take this offer seriously I'll have to set some sane deadline. 2020 is too long to wait.
Caveats:
-The forum being inaccessible, abandoned or otherwise quiet doesn't count.
-Answer must be a definite time. "never" doesn't count!
-If you actually take this offer seriously I'll have to set some sane deadline. 2020 is too long to wait.
1st jan 2014
I vote never.
And China didn't ban Bitcoin.
And China didn't ban Bitcoin.
When will btc crash under $400 ?
The winner gets 0.1 btc!
The winner gets 0.1 btc!
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