Didn't Bitcoin ban China? | Bitcointalksearch.org

zahra4571

sr. member

Activity: 467

Merit: 250

Quote from: MICRO on June 02, 2014, 04:10:44 PM

Quote from: zahra4571 on June 02, 2014, 12:58:39 PM

Quote from: MICRO on June 02, 2014, 10:04:55 AM

Quote from: zahra4571 on June 02, 2014, 10:00:48 AM

Quote from: Blues426 on June 02, 2014, 02:22:45 AM

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

So the Chinese Gov hold monopoly that affect on price until it buy all btc and for 10 or more years sell us for 100x more than current price Cheesy

They cant buy all the bitcoins, i know they cant buy from me. And many other members. Its not that simple.

What about they give you an offer you cant refuse? Cheesy

Hehe

. Maybe but that offer will need to be 100k$ cash

.

Their economy growing up fast, that would be nothing for them.

MICRO

legendary

Activity: 2464

Merit: 1037

CEO @ Stake.com and Primedice.com

Quote from: zahra4571 on June 02, 2014, 12:58:39 PM

Quote from: MICRO on June 02, 2014, 10:04:55 AM

Quote from: zahra4571 on June 02, 2014, 10:00:48 AM

Quote from: Blues426 on June 02, 2014, 02:22:45 AM

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

So the Chinese Gov hold monopoly that affect on price until it buy all btc and for 10 or more years sell us for 100x more than current price Cheesy

They cant buy all the bitcoins, i know they cant buy from me. And many other members. Its not that simple.

What about they give you an offer you cant refuse? Cheesy

Hehe

. Maybe but that offer will need to be 100k$ cash

.

zahra4571

sr. member

Activity: 467

Merit: 250

Quote from: MICRO on June 02, 2014, 10:04:55 AM

Quote from: zahra4571 on June 02, 2014, 10:00:48 AM

Quote from: Blues426 on June 02, 2014, 02:22:45 AM

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

So the Chinese Gov hold monopoly that affect on price until it buy all btc and for 10 or more years sell us for 100x more than current price Cheesy

They cant buy all the bitcoins, i know they cant buy from me. And many other members. Its not that simple.

What about they give you an offer you cant refuse? Cheesy

MICRO

legendary

Activity: 2464

Merit: 1037

CEO @ Stake.com and Primedice.com

Quote from: Blues426 on June 02, 2014, 10:52:23 AM

Quote from: zahra4571 on June 02, 2014, 10:00:48 AM

Quote from: Blues426 on June 02, 2014, 02:22:45 AM

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

So the Chinese Gov hold monopoly that affect on price until it buy all btc and for 10 or more years sell us for 100x more than current price Cheesy

BTC price is based on the public recognition and confidence.
If China has a monopoly on BTC market, I believe people would go to other altcoin (LTC or something else).
BTC will be worthless and, Chinese Gov gain nothing from it.

Correct , except one part , if bitcoin gets worthless other altcoins will become worthless to, or they will do the same with them. So... Idk my head hurts when i even think about all possible scenarios Cheesy

Blues426

newbie

Activity: 42

Merit: 0

Quote from: zahra4571 on June 02, 2014, 10:00:48 AM

Quote from: Blues426 on June 02, 2014, 02:22:45 AM

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

So the Chinese Gov hold monopoly that affect on price until it buy all btc and for 10 or more years sell us for 100x more than current price Cheesy

BTC price is based on the public recognition and confidence.
If China has a monopoly on BTC market, I believe people would go to other altcoin (LTC or something else).
BTC will be worthless and, Chinese Gov gain nothing from it.

Blues426

newbie

Activity: 42

Merit: 0

Quote from: RodeoX on June 02, 2014, 10:09:45 AM

Quote from: Blues426 on June 02, 2014, 03:13:39 AM

Quote from: fonzie on June 02, 2014, 03:05:42 AM

According to official sources, the ultimate and final ban(exchanges shutdown...) is about to follow in the next few days.

I have not seen this message from any of Chinese BTC forum.
Where did you get this information?

LOL, don't listen to stuff you hear at these forums. If anyone is seriously still trading base on rumors in the bitcoin community then you deserve to be panicked out of your "investment".

What I am asking is "where did you get the information (Chinese exchanges shutdown in the next few days)?"
I did not see it from Chinese BTC forum, so I am quite curious about your information source.
But that does not mean my investment is based on "rumors" from Chinese BTC forums.
That should be a simple logic, isn't it?
If you could not provide the "official sources" or prove it, obviously you are saying "rumors"!

Btw, each forums has "rumors" about something, that's for sure.
Apart from that, Chinese BTC forums also have many logical and thoughtful analysis on BTC price trend and future. Those made by very clever guys and quite valuable.
I do not expect you to be able to read those Chinese articles, but please do not prejudge something you do not understand.

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

Quote from: Blues426 on June 02, 2014, 03:13:39 AM

Quote from: fonzie on June 02, 2014, 03:05:42 AM

According to official sources, the ultimate and final ban(exchanges shutdown...) is about to follow in the next few days.

I have not seen this message from any of Chinese BTC forum.
Where did you get this information?

LOL, don't listen to stuff you hear at these forums. If anyone is seriously still trading base on rumors in the bitcoin community then you deserve to be panicked out of your "investment".

MICRO

legendary

Activity: 2464

Merit: 1037

CEO @ Stake.com and Primedice.com

Quote from: zahra4571 on June 02, 2014, 10:00:48 AM

Quote from: Blues426 on June 02, 2014, 02:22:45 AM

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

So the Chinese Gov hold monopoly that affect on price until it buy all btc and for 10 or more years sell us for 100x more than current price Cheesy

They cant buy all the bitcoins, i know they cant buy from me. And many other members. Its not that simple.

zahra4571

sr. member

Activity: 467

Merit: 250

Quote from: Blues426 on June 02, 2014, 02:22:45 AM

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

So the Chinese Gov hold monopoly that affect on price until it buy all btc and for 10 or more years sell us for 100x more than current price Cheesy

MICRO

legendary

Activity: 2464

Merit: 1037

CEO @ Stake.com and Primedice.com

Quote from: Blues426 on June 02, 2014, 02:22:45 AM

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

Very good point. This big price oscillations are great for traders to make huge money.

Blues426

newbie

Activity: 42

Merit: 0

Quote from: fonzie on June 02, 2014, 03:05:42 AM

According to official sources, the ultimate and final ban(exchanges shutdown...) is about to follow in the next few days.

I have not seen this message from any of Chinese BTC forum.
Where did you get this information?

fonzie

hero member

Activity: 504

Merit: 500

Moderator

According to official sources, the ultimate and final ban(exchanges shutdown...) is about to follow in the next few days.

Blues426

newbie

Activity: 42

Merit: 0

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

Ron~Popeil

sr. member

Activity: 406

Merit: 250

I suspect there are some PBOC officials that bought into the low they created. They want to go back up now so they can cash out.

zahra4571

sr. member

Activity: 467

Merit: 250

Quote from: CoolBliss on June 01, 2014, 07:45:10 AM

Seems like China bans bitcoin everyday: they wake up, ban bitcoin, eat rice, go to Foxconn, eat rice again, go back to sleep and repeat.

The price of bitcoin is recovering these days, so that is just bad spread of rumors...
To be sure you can clearly see sites for electronic gadgets in China still receive payment in bitcoins.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Quote from: CoolBliss on June 01, 2014, 07:45:10 AM

Seems like China bans bitcoin everyday: they wake up, ban bitcoin, eat rice, jump off roof of Foxconn, eat rice again, go back to sleep and repeat.

FTFY

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: SirChiko on June 01, 2014, 01:00:10 PM

Quote from: CoolBliss on June 01, 2014, 07:45:10 AM

Seems like China bans bitcoin everyday: they wake up, ban bitcoin, eat rice, go to Foxconn, eat rice again, go back to sleep and repeat.

China=/=eating rice u tard...

?

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

We are now officially overdue for some more BS news out of China. Once that happens we will see how legitimate this last price rally was. I'm hoping that btc is much stronger this time around, and that it won't affect prices as drastically as it used to...

SirChiko

legendary

Activity: 966

Merit: 1000

Quote from: CoolBliss on June 01, 2014, 07:45:10 AM

Seems like China bans bitcoin everyday: they wake up, ban bitcoin, eat rice, go to Foxconn, eat rice again, go back to sleep and repeat.

China=/=eating rice u tard...

CoolBliss

member

Activity: 97

Merit: 10

Seems like China bans bitcoin everyday: they wake up, ban bitcoin, eat rice, go to Foxconn, eat rice again, go back to sleep and repeat.

Topic: Didn't Bitcoin ban China? (Read 2805 times)