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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31123. (Read 26728390 times)

legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
Does anyone have a link for the latest news from China? I'm a little groggy from an all night booze up.

Supposidly Chinese government has banned payment processors from working with Bitcoin exchanges. Leading to the "ok situation" where you can buy and sell bitcoins and withdraw your cash, but you can't put more cash back into the system. (Huh?)

http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

Unfortunately, it seems to be shaping up to be true. :-(

Thanks

Shit, and because of the advice of you dumbasses I reserved half. Fuck!

teach you to listen to us

I should have known better. lol

I did it too...

so now we sell into this 20% drop???

F that, lets see how this plays out.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
How does the Chinese government proclaim to everyone through government videos, the great and amazing Bitcoin, only to outlaw its use a few months later?
I think they like bitcoin as a reserve currency versus the USD, but not as an escape against capital controls.  So they want to make sure they have all the info on people holding them.

Thats right.... thats why they will remove btc from being used as currency (no tax evasion)

Then remove 3rd party payment system.... easier to check/trace identities.


Heck did you guys know in China, registering ISP account requires government ID?

Even using public internet requires government ID....

Of course, fucking and making too many babies requires a government ID.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
How does the Chinese government proclaim to everyone through government videos, the great and amazing Bitcoin, only to outlaw its use a few months later?
I think they like bitcoin as a reserve currency versus the USD, but not as an escape against capital controls.  So they want to make sure they have all the info on people holding them.
They have told merchants that they are not allowed to price their goods in Bitcoin... nor can people purchase bitcoin through their bank accounts. What then is the point?
Are banks "third party payment companies"?  Or do they just mean stuff like dwolla, paypal, okpay or whatever the equivalent in China is?  
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
I think another dump will follow soon, we might visit 500 till tomorrow

You are trying hard to force people to sell, aren´t you? What happened? Sold too cheap? Hoping to buy cheap coins back?
You guys say this crap every time bitcoin has continued to fall since $1250.

yes price dropp to 1100 people here " we will break ATH and further" than price 1000 and the same thing than price 900 and the same thing, people dont want to realize that we went from 100 to 1240 only in two months, this is damn fast if you ask me...

yes sure price did re-bounce back few times, but if you zoom out and look to the charts, we are correcting, slowly dropping and people are starting to realize that.


now I wish I am wrong, I still want to see my BTC worth even more.
legendary
Activity: 2688
Merit: 2394
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

I agree that the trappists are too molasses-y, pils are great in the summer, as are wheats (yum!), and ipa's are always welcome (hoppy good floral yum yum). What's not to love about a great stout or even a really nice brown or red ale, here and there. I'm not as keen on the whites (Belgian Allagash etc), but they're nice too.

I could quite happily drink this beer forever. Impossible to find in Tennessee, unfortunately.
hero member
Activity: 658
Merit: 500
How does the Chinese government proclaim to everyone through government videos, the great and amazing Bitcoin, only to outlaw its use a few months later?
I think they like bitcoin as a reserve currency versus the USD, but not as an escape against capital controls.  So they want to make sure they have all the info on people holding them.

Thats right.... thats why they will remove btc from being used as currency (no tax evasion)

Then remove 3rd party payment system.... easier to check/trace identities.


Heck did you guys know in China, registering ISP account requires government ID?

Even using public internet requires government ID....

legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Does anyone have a link for the latest news from China? I'm a little groggy from an all night booze up.

Supposidly Chinese government has banned payment processors from working with Bitcoin exchanges. Leading to the "ok situation" where you can buy and sell bitcoins and withdraw your cash, but you can't put more cash back into the system. (Huh?)

http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

Unfortunately, it seems to be shaping up to be true. :-(

Thanks

Shit, and because of the advice of you dumbasses I reserved half. Fuck!

teach you to listen to us

I should have known better. lol
legendary
Activity: 1904
Merit: 1038
Trusted Bitcoiner
How does the Chinese government proclaim to everyone through government videos, the great and amazing Bitcoin, only to outlaw its use a few months later?

Some official buys... pumps it for all its worth, and sells just before the higher ups say no.

agreed wtf... i dont knwo what to think anymore....
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer
Why does everyone hate Heineken.

It's one of the worst beers in the world that barely deserves the name beer.
If you have any respect for your taste buds you should limit yourself to Belgian beers and a select few from other countries.

There is only ONE good beer coming from the Netherlands and thats La Trappe.

Here's a tip, if you have any respect for Bitcoin, the next time one of the largest consumer brands in the world decides to help us out, instead of shit talking their product why don't you just smile, suck it up, and take one for the team.

Lol

Three issues with this post:

1. They did what they're doing for profit, not to help us out. Bitcoin is wonderful for merchants.
2. The idea that a company as large as this would read this forum and get butthurt and then change their "mind" is LOL.
3. It's genuinely a horrible beer.

Sorry sometimes we all have to troll.

Agreed, the team will do just fine without Heineken. Sorry, I can't change my mind, it's truly horrible...

/Forgive me!

McDonalds is not great food either, but if they accepted bitcoin, would that be so bad?
Walmart is not always the highest quality....

Lots of intJ here.  so heavy on the judgement that even good things are bad.
full member
Activity: 140
Merit: 100
better than television, I tell ya

i pay good money for cable, i dont use it, i have more fun here


3

Are you really paying cable with crypto?Huh
legendary
Activity: 3122
Merit: 1538
yes
If Bitcoin has something valuable to add, this thing is and will remain a mere blip in the total run up to $40,000 (as per the Winklevoss small bull scenario). BTC suprised us before, and it will again.

Hold for the longest time.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
I think another dump will follow soon, we might visit 500 till tomorrow

You are trying hard to force people to sell, aren´t you? What happened? Sold too cheap? Hoping to buy cheap coins back?

wrong, I am 50-50, but yes buy buy, the price is now going up. dont miss your last chance
sr. member
Activity: 378
Merit: 250
I think another dump will follow soon, we might visit 500 till tomorrow

You are trying hard to force people to sell, aren´t you? What happened? Sold too cheap? Hoping to buy cheap coins back?
You guys say this crap every time bitcoin has continued to fall since $1250.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
Does anyone have a link for the latest news from China? I'm a little groggy from an all night booze up.

Supposidly Chinese government has banned payment processors from working with Bitcoin exchanges. Leading to the "ok situation" where you can buy and sell bitcoins and withdraw your cash, but you can't put more cash back into the system. (Huh?)

http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

Unfortunately, it seems to be shaping up to be true. :-(

Thanks

Shit, and because of the advice of you dumbasses I reserved half. Fuck!

teach you to listen to us
legendary
Activity: 2186
Merit: 1213
I think another dump will follow soon, we might visit 500 till tomorrow

You are trying hard to force people to sell, aren´t you? What happened? Sold too cheap? Hoping to buy cheap coins back?
sr. member
Activity: 378
Merit: 250
How does the Chinese government proclaim to everyone through government videos, the great and amazing Bitcoin, only to outlaw its use a few months later?
I think they like bitcoin as a reserve currency versus the USD, but not as an escape against capital controls.  So they want to make sure they have all the info on people holding them.
They have told merchants that they are not allowed to price their goods in Bitcoin... nor can people purchase bitcoin through their bank accounts. What then is the point?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1260
Merit: 1000
Drunk Posts
How does the Chinese government proclaim to everyone through government videos, the great and amazing Bitcoin, only to outlaw its use a few months later?

Some official buys... pumps it for all its worth, and sells just before the higher ups say no.
full member
Activity: 140
Merit: 100
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