Topic: NEWS!!CHINA WILL NOT BAN BTC Damn u fonzie,cosmofly,GTO and the rest of fudsters - page 2. (Read 2824 times)
April 11, 2014, 10:01:05 AM
If you read the actual statement it includes virtually no new information. I don't know why people are trading so optimistically on this news. All it does is reiterate that Chinese citizens will not be allowed to exchange yuan for BTC (which we already knew). This is still a huge impediment to adoption as it means that a large group of interested buyers will no longer be able to inject cash into BTC. The stuff he says about not being able to ban bitcoin because it is like stamps etc. I suppose is somewhat good but that was never on the table anyway so I don't know why people would really feel differently after he said that.
April 11, 2014, 09:59:06 AM
Central Bank: "You can have a much Bitcoin as you want. Bitcoin is good. We have lots of Bitcoin too. You just can't use yuan to buy bitcoin or trade it on markets unless you have special permissions."
There's nothing that says they can't trade their children for Bitcoin. Relax people.
April 11, 2014, 09:58:47 AM
Proof where did u find they wont let us withdraw by rmb? Link and proof.. non of those = fud which means you r in your own world imagining.. fk u then
April 11, 2014, 09:47:01 AM
Central Bank: "You can have a much Bitcoin as you want. Bitcoin is good. We have lots of Bitcoin too. You just can't use yuan to buy bitcoin or trade it on markets unless you have special permissions."
April 11, 2014, 09:38:54 AM
They're restricting bank deposits.. not BTC ... DUH!? 
April 11, 2014, 09:36:29 AM
The PBOC is like: you peasants can use your worthless little bits of code all you want, but you wont be able to exchange them for the mighty Chinese Yuan.
Pretty much the same thing as a ban.
Pretty much the same thing as a ban.
April 11, 2014, 09:33:24 AM
Cant u read english? Pboc governor.. hes from the central bank.. and yes they are not banning it fools
April 11, 2014, 09:25:48 AM
Can we stop with these caps lock titles please?
Also no one said China banned bitcoin it was always about the banking ban and third party which are true.
No one ever said China banned bitcoin not even the rumors said that.
Also no one said China banned bitcoin it was always about the banking ban and third party which are true.
No one ever said China banned bitcoin not even the rumors said that.
April 11, 2014, 09:13:29 AM
LOL. Bank accounts are about to be CLOSED and you say "to the moon" because that dude stated the OBVIOUS (you can't "ban" bitcoin per se fools, but you can sure as hell put huge restrictions on it) that doesn't say nothing new???
Immona enjoy the drop.
Bottom around 280
Immona enjoy the drop.
Bottom around 280
April 11, 2014, 09:07:17 AM
@fonzie and cosmofly
April 11, 2014, 08:58:34 AM
I thought the ban was on bank accounts that deal with BTC exchange and not on BTC trading itself 
which is very typical in China. Just like Gold, you cant use bank account to freely trade Gold. This only hurts day traders in China.
Speculators and investors are still fine. They can trade among themselves or using offshore trading facilities in HK.
April 11, 2014, 08:56:36 AM
I thought the ban was on bank accounts that deal with BTC exchange and not on BTC trading itself
April 11, 2014, 08:54:57 AM
Its clear now.. wont ban it 
Weeeeeeee
http://www.coindesk.com/chinas-central-bank-governor-pboc-wont-ban-bitcoin/
Weeeeeeee
http://www.coindesk.com/chinas-central-bank-governor-pboc-wont-ban-bitcoin/
April 11, 2014, 08:52:31 AM
LOL. You can't mandate that people stop saying silly things. Let them talk. The FUD they spread can be quite profitable. 
True, if i'm an operator of Chinese exchange, i will find a buyer over sea , setup a payment vehicle and announce " Bank account closed, blah blah ". Market crashed, ppl dump coins, while i buy them cheap. After a week, i make another announcement " we're able to have another banking setup, everything is fine"
Awsome.....
also, faking volume will help too.
April 11, 2014, 08:49:30 AM
Just wanna proof the fudsters wrong.. and yeah i do earn profit from them. But the profit comes from those people who lost money esp the newbies.. so to all the scrubnubs wake up!! Becuz no one can stop bitcoin who cares whether its an asset or not.. becuz it can be traded using fiat currency.. oh yeah.. last week i posted a thread quote from vice president of pboc and now its the governor of china that said it... wooohoooo call me your daddy!!
April 11, 2014, 08:44:32 AM
LOL. You can't mandate that people stop saying silly things. Let them talk. The FUD they spread can be quite profitable.
April 11, 2014, 08:44:10 AM
You fools keep following China...
They will keep buying cheap coins as long as all these "news" move the market to direction they want.
Stop paying attention to China already. Dumb asses
They will keep buying cheap coins as long as all these "news" move the market to direction they want.
Stop paying attention to China already. Dumb asses
April 11, 2014, 08:41:57 AM
CCMF !!!!
April 11, 2014, 08:40:16 AM
http://www.coindesk.com/chinas-central-bank-governor-pboc-wont-ban-bitcoin/
Fk all the fudsters.. no need to wait 15apr.. i told u.. the vice president supported it.. means its good news... and yay!! Thanks for those who are stupid enough to sell your cheap coins. I won again in margin... yooohooooooo
Fk all the fudsters.. no need to wait 15apr.. i told u.. the vice president supported it.. means its good news... and yay!! Thanks for those who are stupid enough to sell your cheap coins. I won again in margin... yooohooooooo
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