[FUD] Russia, China & Apple ban Bitcoins. Gox closing. Is this the end? - page 3.

asdf123

newbie

Activity: 14

Merit: 0

Quote from: kaysersoze on February 07, 2014, 10:04:47 AM

damn im tired of stupid people, what did you folks expect - you are not going to disrupt a financial system with NO FIGHT the war is just starting.... nothing out of the ordinary

look at github developers graph, look at all meetups around the world, look at new conferences around the world, merchants accepting bitcoin, every single metric that MATTERS is growing faster than anything seen

at the end of the day its all about understanding the fundamental need and utility of bitcoin, as long as all of you don't panic and instead of panicking become more resilient and recruit all your friends and family bitcoin is not going anywhere. It's exactly your reactions of fear and fundamentally not believing in btc that the regulators and the ones fighting btc want .

Exactly my point in my earlier post.

Whatever the motives of the OP (trolling or not) the content of the original post needed to be countered, because otherwise others who read it will be misinformed.

Bitcoin is going mainstream, but not without opposition from those who have most to lose.

CoinPurse

newbie

Activity: 8

Merit: 0

In a country like Argentina there is a 50% tax on online credit card international purchases. It is for reasons like this that I believe crypto currency is here to stay.

igorr

sr. member

Activity: 406

Merit: 250

Quote from: EvilPanda on February 07, 2014, 01:59:05 PM

Quote from: igorr on February 07, 2014, 01:36:02 PM

Quote from: Lauda on February 07, 2014, 01:26:41 PM

Price is already recovering.
Pointless FUD.

LOL, "recovering"
for now people have lost half the money in two months, from 1250 usd to 730 usd,
and a lot of people have ben left without anything at MtGox, lost all their bitcoin or all their money.

What we can expect tomorrow or in the next two month, from 730 usd to 300 usd, or much less ?

I bought most of my current stash at ~$700 2 months ago, Basically I haven't earned anything these past months and am getting closer and closer to a bailout point. If it continues with the current pattern we'll have a week or two of jumping around $800 and another crash. Come on bitcoin, do your thing, up and away!

Game is over, it's time to go home.

EvilPanda

hero member

Activity: 658

Merit: 500

Small Red and Bad

Quote from: igorr on February 07, 2014, 01:36:02 PM

Quote from: Lauda on February 07, 2014, 01:26:41 PM

Price is already recovering.
Pointless FUD.

LOL, "recovering"
for now people have lost half the money in two months, from 1250 usd to 730 usd,
and a lot of people have ben left without anything at MtGox, lost all their bitcoin or all their money.

What we can expect tomorrow or in the next two month, from 730 usd to 300 usd, or much less ?

I bought most of my current stash at ~$700 2 months ago, Basically I haven't earned anything these past months and am getting closer and closer to a bailout point. If it continues with the current pattern we'll have a week or two of jumping around $800 and another crash. Come on bitcoin, do your thing, up and away!

igorr

sr. member

Activity: 406

Merit: 250

Quote from: Lauda on February 07, 2014, 01:26:41 PM

Price is already recovering.
Pointless FUD.

LOL, "recovering"
for now people have lost half the money in two months, from 1250 usd to 730 usd,
and a lot of people have ben left without anything at MtGox, lost all their bitcoin or all their money.

What we can expect tomorrow or in the next two month, from 730 usd to 300 usd, or much less ?

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Price is already recovering.
Pointless FUD.

FEdison

newbie

Activity: 29

Merit: 0

Most of those articles are from 2013. More good news has come out about Bitcoin than bad news since then. Bait harder troll. And holy s***, it just hit me that it's already February.

igorr

sr. member

Activity: 406

Merit: 250

This is not as it seems,
nothing do not worry just buy Bitcoin and keep the ones you've already bought,
Bitcoin to be worth 100k usd this I personally guarantee.

P.S. General Director of the company for the production and exploitation of mining hardware
--------------------------------------------------------------------------------------------------------------------

Russia banned bitcoins :: http://rt.com/business/bitcoin-russia-use-ban-942/

China banned bitcoins :: http://www.bloomberg.com/news/2013-12-05/china-s-pboc-bans-financial-companies-from-bitcoin-transactions.html

Apple removes all BTC apps :: http://www.telegraph.co.uk/technology/apple/10621175/Apple-bans-final-bitcoin-wallet-from-App-Store.html

Indonesia Bans bitcoins :: http://www.thejakartaglobe.com/business/bitcoins-neither-currency-nor-legal-paymen-tools-in-indonesia-central-bank/

India shuts down all BTC exchanges :: http://www.thehindu.com/business/Industry/bitcoin-exchanges-shut-shop-in-india/article5504407.ece

Thailand bans bitcoins :: http://www.cnbc.com/id/100923551

USA in final stages of banning bitcoins :: http://www.zerohedge.com/news/2013-05-15/us-government-begins-bitcoin-crackdown

France issued warning against bitcoins :: http://www.reuters.com/article/2013/12/05/us-france-bitcoin-idUSBRE9B40IF20131205

Korea rejected bitcoin legalising bill :: http://thenextweb.com/asia/2013/12/10/korea-becomes-the-latest-asian-country-to-reject-bitcoin-as-a-legitimate-currency/

Alibaba withdraws BTC support :: http://www.bloomberg.com/news/2014-01-08/bitcoin-banned-by-alibaba-s-taobao-after-china-tightens-rules.html

Mtgox scams $38 million from users :: http://falkvinge.net/2014/02/04/major-bitcoin-exchange-not-executing-withdrawals-now-owes-clients-38m-in-disappeared-money/

Mtgox OFFICIALLY stops all withdrawals :: https://www.mtgox.com/press_release_20140207.html

CryptoPanda

sr. member

Activity: 882

Merit: 302

I see it as just part of the game, there is always a lot of turbulence with all new stuff, especially as disruptive as bitcoin.
When in doubt, look at the torrents, they are trying to stop them for 10 years, and yet people download more than ever today.
And they are relevant to much bigger money that bitcoin 10B market capitalisation.

skyhigh

full member

Activity: 142

Merit: 100

igorr, its a fun read when someone is so hardcore against something, yet they still bother to post on the subject.

igorr

sr. member

Activity: 406

Merit: 250

Thanks bro, for colection of information at one places.

DanielVG

sr. member

Activity: 266

Merit: 250

I want free lunch, i'm gonna go with this guy.

What did you expect? That every government would be clapping their hands and throwing confetti at us?
Off course bitcoin receives alot of friction. It's an anarchists wet dream come true.
It is a revolution which can transform, or even destroy the established powers.

And anyway, digital goods that have been banned in the past didn't really vanish.
This has been going on since the internet came online.
Would torrents have been invented if they never took down napster?
We would still have shitty napster 1 on 1 download.

I think the history of bitcoin will be very similar to the path of file-sharing and social media.

Arksun

sr. member

Activity: 616

Merit: 250

Compiling a list of every negative Bitcoin story, whilst ignoring every positive story, gotta love balanced threads Cheesy

In other news, Scan.co.uk in the UK now accepts Bitcoin so next time I upgrade my computer I can purchase from them, result!.

PrintCoins

hero member

Activity: 533

Merit: 501

Long ago I predicted Gox will have to deal with a run. It has shown many signs of being poorly managed, frequently hacked, and lacking any transparency. If the sun were to shine on their books it would be apparent that they would not be able to settle up a massive withdraw.

I don't know if it is FUD (the doubt is very reasonable) that governments would ban bitcoin and trading floors would be shut down. If a govt doesn't have control over their own currency, they have nothing. This is an existential struggle for them (as well as the banks that control the govt).

Bitcoin will never go away (or at least some form of it), but any business based upon it is on shaky ground, and this will eventually be forced underground.

drippx

sr. member

Activity: 539

Merit: 250

bitcoin is here to stay whether you believe in it or not

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: Kroenen on February 07, 2014, 06:41:48 AM

Considering the USPS is looking into accepting bitcoin, nearly 20 senators accept it for campaign contributions, and the links are to moths old articles, anything posted lost credibility at the start.

This entire system of monetary exchange is new, and volatile, it will work its way out, or a new breed will replace it. By all means, drive the prices down, makes it much easier to buy in.

typical fud, move along.

quite right.

half his links are old and have been reversed.

CtrlAltBernanke420

sr. member

Activity: 350

Merit: 250

So why are the hundreds of people I have had in depth conversations about bitcoin.... agreeing with most of my statements, thoughts, math, etc, NOT BUYING BITCOIN...

The system of dollars is SOOOO POWERFUL, Why are billions not FLOWING into bitcoin if it is this ultra efficient no banks needed currency/financial system..

If it were soo good and perfect people would have done all they could to purchase every possible bitcoin for sale at whatever price...

WHY!

Why has wallstreet no place 1% of there wealth into bitcoin.

disclaimer201

legendary

Activity: 1526

Merit: 1001

Fud or not, price will go down. MtGox's insolvency was long expected, but it will be an entirely different thing if it really happens.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Quick everyone jump off the Bitcoin ship! Bubble's a poppin'...

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: daserpent1 on February 07, 2014, 10:56:38 AM

I hold no bitcoins or any other coin for that matter anymore. I sold all the coins and wanna get out of this f**ked up scene.... And i really think its not going good the way it is going.

We don't need anymore sheep anyways.

Topic: [FUD] Russia, China & Apple ban Bitcoins. Gox closing. Is this the end? - page 3. (Read 11030 times)