Topic: China Banning BTC. Any thoughts for the soul especially the mind? - page 3. (Read 5729 times)
April 02, 2014, 06:47:02 PM
My thoughts, if we can survive the Mt. Gox fiasco, we can survive this too! VIVA BITCOIN!
April 02, 2014, 06:46:49 PM
Chinese are smartass people they will think out how to omit restrictions :p
April 02, 2014, 06:39:00 PM
No Worries,Even Mainland China was banned, there will always be a place called Hongkong! via Shenzhen, there are always plent of channel to be built through Shenzhen and Hongkong for the chisese BTC community. yes, NO WORRIES!
legendary
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April 02, 2014, 06:06:40 PM
china can't be banned, china people are smart, even after ban they will still trade
That is very likely it is just the financial institutions who can't speculate on it that will not be allowed to
April 02, 2014, 03:18:34 PM
china can't be banned, china people are smart, even after ban they will still trade
March 31, 2014, 06:26:19 PM
My thought is that our free market does not need communism to thrive.
I am upset that the chinese have been ruining BTC and been doing a great job doing it. How is adoption going to happen if they keep dumping and pumping.
Gox did more damage than the Chinese.
Everything will get better soon enough.
March 31, 2014, 06:10:34 PM
My thought is that our free market does not need communism to thrive.
I am upset that the chinese have been ruining BTC and been doing a great job doing it. How is adoption going to happen if they keep dumping and pumping.
March 31, 2014, 01:07:51 PM
My thought is that our free market does not need communism to thrive.
March 31, 2014, 01:05:06 PM
China can slow down the growth rate of Bitcon. No doubt about that, but Bitcoin does not care about borders. With every financial crisis it will become stronger and stronger.
March 31, 2014, 02:17:36 AM
China's central bank sometimes enacts policies quietly to make it easier to change them later.
Such a cautious approach makes particular sense with Bitcoin regulations; virtually every government on the planet is struggling to figure out how they should deal with the digital currency.
Long term, however, China will find that it won't be so easy to shun Bitcoin; within the next few years, "the Internet of Money" will be much more integrated into the global economy.
And yeah its not getting banned in china:
http://www.businessweek.com/articles/2014-03-20/btc-chinas-bobby-lee-bitcoin-isnt-really-banned-in-china-and-its-quickly-gaining-ground
Such a cautious approach makes particular sense with Bitcoin regulations; virtually every government on the planet is struggling to figure out how they should deal with the digital currency.
Long term, however, China will find that it won't be so easy to shun Bitcoin; within the next few years, "the Internet of Money" will be much more integrated into the global economy.
And yeah its not getting banned in china:
http://www.businessweek.com/articles/2014-03-20/btc-chinas-bobby-lee-bitcoin-isnt-really-banned-in-china-and-its-quickly-gaining-ground
March 30, 2014, 11:33:15 PM
Any thoughts for the soul especially the mind?
Yes
Please have your soul tell your mind that China doesn't matter that much.
BTC will be fine with or without China.
Yes
Please have your soul tell your mind that China doesn't matter that much.
BTC will be fine with or without China.
March 30, 2014, 09:41:51 PM
dont care, bitcoin existed without china and will be here after china.... after USA ban even etc.
legendary
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Merit: 1115
Leading Crypto Sports Betting & Casino Platform
March 30, 2014, 06:58:40 PM
china banning bitcoin will just slow adoption in china but it wont kill bitcoin
I agree in fact it may even get traded in Chinas second market until the point that it becomes to big for the Chinese government to ignore and either a crackdown ensues or they change the rules again.
March 30, 2014, 04:48:19 PM
China Central bank new policy. forbidden commercial bank open channel for market: BTCC, Huobi,okcoin ,etc. it means we cannot have market to buy and sell btc. only by personal .
the dead line is Apl 15.
be careful.
the dead line is Apl 15.
be careful.
Thanks asiabtc. With new Central Bank policy. How would you be able to exchange money to RMB? or would you have to do it in US dollars? If you don't me asking
Also on the note of potato. I totally agree. I love that story.
I believe China is using this policy as counteracting balance against the West. let face it, BTC is from the West. I believe the Chinese government wants to counteract its flow of fiat currency out of the country especially to places in the EU and USA plus Canada. My belief has always been that BTC was use to counteract the trade policy. I believe Satoshi is someone within the US government. If this was formed in the Asia Pacific. I believe that Big Banks and there lobbyist would of crushed the opposition by giving campaign contribution to congressman and senators. BTC would of been long gone.
The fact is the US dollar and Euro are still viewed as "preferred" currencies of the world. I am not saying RMB is not a wanted currency. A lot of people feel comfortable that there money is in USD or EURO.
With China's one sided trade policies and pegging the RMB to USD. Hence its hard for us in the USA and EU to sell goods to China. Let not forget Canada too
March 30, 2014, 09:35:37 AM
China Central bank new policy. forbidden commercial bank open channel for market: BTCC, Huobi,okcoin ,etc. it means we cannot have market to buy and sell btc. only by personal .
the dead line is Apl 15.
be careful.
the dead line is Apl 15.
be careful.
March 30, 2014, 05:39:41 AM
In ancient times, people's wealth consisted of their crops. Tyrants, warlords and other 'government' officials, as always, wanted control over people's wealth. When some people resisted these tyrants, the warlords rode in and burned the crops, thus keeping the people under submission. One day, some people discovered the potato. With fields full of potatoes, it didn't matter if the tyrants rode in and burned the crops. The real value of the potato lies underground. The only way the overlords could control the people's wealth was to dig up all the potatoes. That would require a lot of work, and one thing tyrants hate more than almost anything else is to have to work. Thus, although the tyrants could frequently create havoc and harass the people, they could no longer steal the people's wealth very easily. Could Bitcoin be the financial equivalent of the potato for the people?
March 30, 2014, 02:26:27 AM
china banning bitcoin will just slow adoption in china but it wont kill bitcoin
March 29, 2014, 04:23:02 PM
Just want to get everyone input once again on the Chinese rumor fiasco of banning BTC. Let me know your thoughts. Thanks guys
Any news is good news as far as I'm concerned. The biggest hurdle facing Bitcoin right now is that the majority of the world has never heard of it. The more press and articles that come out, the more people will hear about it. From there it's the onus of the reader to do their due diligence on whether the tech is viable or not. The only people in a panic right now are those who broke one of the cardinal rules of investing in any emerging investment, never investment more than you're able to lose.
March 29, 2014, 03:03:03 PM
I agree. BTC IS A GIFT TO THE WORLD. The only reason top investors and bankers are against is the potential threat of social dynamic changes of value.
March 29, 2014, 02:51:03 AM
banning bitcoin will slow bitcoin adoption but wont kill it
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