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Topic: F*ck China! :-) (curren situation...? - page 4. (Read 3913 times)

sr. member
Activity: 742
Merit: 250
April 03, 2014, 11:55:40 AM
#9
My take on it is that now I have a better understanding about how countries with language barrier end up miscommunicating sometimes and go to war.  I seriously had no idea it was so difficult for people in the West to understand what people in the East were writing and saying.  Who knew!?

How do you mean this... are you chinnesse... do you have "correct translations" of the recent news... so whats the stance of PBOC? (peopel bank of china)
full member
Activity: 180
Merit: 100
April 03, 2014, 11:55:17 AM
#8
My understanding is that neither China nor Russia "banned" bitcoin.
Rather the government officials there decided that commercial banks can not participate in or enable bitcoin.
 Huh
I could be wrong on both accounts.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
April 03, 2014, 11:44:02 AM
#7
My take is that Communist countries are not good markets for Bitcoin.
Pretty much this. Places where governments tell people what to do and how to do it.. not a good environment for a currency specifically designed to liberate and empower individuals.

Vivia la revolution?  Oh ya nvm they took the items out of the hands of the public that allowed that.
And Satoshi invented the items (cryptocurrencies) and put them back into our hands. All we need do is pick them up and use them.

We owe this person(s) a great debt of gratitude.
legendary
Activity: 1722
Merit: 1000
April 03, 2014, 11:39:36 AM
#6
My take is that Communist countries are not good markets for Bitcoin.
Pretty much this. Places where governments tell people what to do and how to do it.. not a good environment for a currency specifically designed to liberate and empower individuals.

Vivia la revolution?  Oh ya nvm they took the items out of the hands of the public that allowed that.
legendary
Activity: 2198
Merit: 1311
April 03, 2014, 11:39:25 AM
#5
My take on it is that now I have a better understanding about how countries with language barrier end up miscommunicating sometimes and go to war.  I seriously had no idea it was so difficult for people in the West to understand what people in the East were writing and saying.  Who knew!?
legendary
Activity: 3766
Merit: 1217
April 03, 2014, 11:38:38 AM
#4
My take is that Communist countries are not good markets for Bitcoin.

Well... Bitcoin was banned in Iceland and Thailand also.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
April 03, 2014, 11:37:24 AM
#3
My take is that Communist countries are not good markets for Bitcoin.
Pretty much this. Places where governments tell people what to do and how to do it.. not a good environment for a currency specifically designed to liberate and empower individuals.

Bitcoin is the democratization of money. It should come as no surprise to anyone that the enemies of democracy are hostile to Bitcoin.
legendary
Activity: 854
Merit: 1000
April 03, 2014, 11:36:12 AM
#2
Im getting tired and confused with the stupid situation in china... whats your take on this...
Russia did banned bitcoin, right? (after the innitial denial and saying it was just a hoax it managed to "break through" as beeing a truth, if im not mistaken?)


My take is that Communist countries are not good markets for Bitcoin.
sr. member
Activity: 742
Merit: 250
April 03, 2014, 11:30:48 AM
#1
Im getting tired and confused with the stupid situation in china... whats your take on this...
Russia did banned bitcoin, right? (after the innitial denial and saying it was just a hoax it managed to "break through" as beeing a truth, if im not mistaken?)
China is ally with Russia... if it was ok with Russia banning bitcoin (for some reason) theres a chance China will follow (they both are members of BRICS)
China did somehow "prohibited" the use of bitcoin in december i think... but the exchanges managed to find a LOOPHOLE... not a persistand solution... china knows about the loophole and due to its byrocratical processes and slowness, it managed to react just now...

And all the "rumours" about it being banned...

So what are you all talking about it... i think theresa reasonable chance (above 50%) that this all is true...

China i belive DID already cleared their stance on BTC in december... and now its just "reminding"...

what do you think, i sold half of my BTC and put buy back orders at lower values.
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