But we can fix it by sharing this with them
https://bitcointalksearch.org/topic/m.4021718
Topic: What does the China Bitcoin ban mean? (Read 1856 times)
It means we stole a bunch of money from the Chinese and they are going home sad
But we can fix it by sharing this with them
https://bitcointalksearch.org/topic/m.4021718
But we can fix it by sharing this with them
https://bitcointalksearch.org/topic/m.4021718
Someone needs to open an exchange called "BTCIndia"
they would make so much money while also doing lots of good for BTC
they would make so much money while also doing lots of good for BTC
The market downtrend most likely due to panic sell by newcomers in China.
Yeah I feel like when China came into bitcoin they were looking at it like we were when it was like $30 they expected growth like crazy compared to our speculations at the same time.
The market downtrend most likely due to panic sell by newcomers in China.
Hello Everyone,
For those of you who are looking to see the big picture of the effects of the December 5 People's Bank of China statement, you can check out www.squawkonomics.com for the post "Explaining the Regulatory Impact on Bitcoin in China". We have translated December 5th's People's Bank of China statement key points, and we continue to monitor developments coming out of the People's Bank of China and various other financial regulation bodies.
We hope this information can give you the big picture of what is happening inside China right now, and we will update you via our website if there is any further developments out of China as they come.
For those of you who are looking to see the big picture of the effects of the December 5 People's Bank of China statement, you can check out www.squawkonomics.com for the post "Explaining the Regulatory Impact on Bitcoin in China". We have translated December 5th's People's Bank of China statement key points, and we continue to monitor developments coming out of the People's Bank of China and various other financial regulation bodies.
We hope this information can give you the big picture of what is happening inside China right now, and we will update you via our website if there is any further developments out of China as they come.
I knew this was just the beginning There is a video on YouTube called "What does China's Bitcoin ban mean?" that gave me some insight a few days ago.
Why? What was the reason behind all this?
Just to spread FUD, dump coins, panic sell starts and rebuy cheap coins. Simply profit
Wow, so the reason behind this is money. I dont think they care even a tiny bit about bitcoin and the rest of the world.
Why? What was the reason behind all this?
Just to spread FUD, dump coins, panic sell starts and rebuy cheap coins. Simply profit
It means that the prices should decrease now
Which it is. Why did they ban BTC in the first place?
No banning at all, just explaining Banks cannot open Bitcoin accounts for people or buy/sell Bitcoin
Why? What was the reason behind all this?
It means that the prices should decrease now
Which it is. Why did they ban BTC in the first place?
No banning at all, just explaining Banks cannot open Bitcoin accounts for people or buy/sell Bitcoin
This means that the demand for btc gets lowered (especially in the Chinese market).
Because China was the main force that started this bubble, it was able to bring it down.
Because China was the main force that started this bubble, it was able to bring it down.
We just need to get Bitcoin to catch on in India now, they have just about as many people and commerce as China.
It means that the prices should decrease now
Which it is. Why did they ban BTC in the first place?
There is no "China Bitcoin ban", they just said it was a commodity and not fiat.
There was a ban if you read the articles. It was banned from banks which was not a problem before. It is still allowed to be traded but you aren't supposed to buy real world items with it. The Chinese government declared it to be like WoW gold.
But if you watch the videos on YouTube you will see that China is probably going to start making other announcements soon that will bring even more attention to bitcoin.
The only reason the price is low is because the Chinese government and the whales want to get cheap coins before it blows up.
I think giving your kids a bunch of the very cheapest Altcoin is the best gift idea.
Yes! And I'd recommend going heavy on Goldcoin!
In Satoshi's last and final post before abandoning Bitcoin and running off with well over 1 million Bitcoins, he said "there are still more ways to attack us than I can count". Bye, LOL.
https://bitcointalksearch.org/user/satoshi-3
Well our development team has been working feverishly to solve the riddle that drove Satoshi underground. This announcement was just made privately on our forum a few hours ago: https://www.gldtalk.org/index.php?topic=1748.0
Come check out Goldcoin and discover the new Gold Standard of the Crypto Universe.
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Oh yeah...and check out my latest video! vvvvvvvvvvvvvv
I've been hearing something about companies making coins and that once that happens Bitcoin will be a fact of life. The answer to the riddle is altcoins reaching their potential.
bitcoin in the facebook of crypto, litecoin is google+, there are other social media that coexist, but for now... bitcoin is the facebook...
Actually bitcoin is facebook google+ myspace and pretty much everything else together
Another factor in the recent dip could be Baidu ending it's bitcoin acceptance. It's hard to say which is contributing more to the panic selling. Either way, great time to buy in, as neither of these events really change the value that bitcoin is bringing to the world.
My first post, but been lurking on these forums since the beginning of the year
Post China news in reality not that much is different atm. They would have been looking long and hard at Bitcoin for a while, its just we weren't aware of it. The $1200 prices were (imo) based on the opinion 'China loves Bitcoin'. Now we are in a more realistic place. Obviously the big thing is can Bitcoin be used as an actual currency there? It seems like it might be ok, so long as financial institutions aren't involved (which is how Bitcoin works). You could (if you were optimistic) take this announcement as 'China makes Bitcoin legal for its people'. Think maybe thats pushing it too far though as the announcement seems to carry the subtext of 'we are watching this very closely and haven't decided yet'
I think the best indicator we have is the Chinese market. Presumably the Chinese investors in Bitcoin will have a better understanding of the implications, as they will be able to better read the subtleties (not just because of the language, but because of experience living with the govt). That it hasn't crashed lower is encouraging imo. Long term price wise, tempted to write it of as insignificant. Bitcoin just needs to make it in a few countries, and the competitive advantage should force the others to play ball.
Post China news in reality not that much is different atm. They would have been looking long and hard at Bitcoin for a while, its just we weren't aware of it. The $1200 prices were (imo) based on the opinion 'China loves Bitcoin'. Now we are in a more realistic place. Obviously the big thing is can Bitcoin be used as an actual currency there? It seems like it might be ok, so long as financial institutions aren't involved (which is how Bitcoin works). You could (if you were optimistic) take this announcement as 'China makes Bitcoin legal for its people'. Think maybe thats pushing it too far though as the announcement seems to carry the subtext of 'we are watching this very closely and haven't decided yet'
I think the best indicator we have is the Chinese market. Presumably the Chinese investors in Bitcoin will have a better understanding of the implications, as they will be able to better read the subtleties (not just because of the language, but because of experience living with the govt). That it hasn't crashed lower is encouraging imo. Long term price wise, tempted to write it of as insignificant. Bitcoin just needs to make it in a few countries, and the competitive advantage should force the others to play ball.
bitcoin in the facebook of crypto, litecoin is google+, there are other social media that coexist, but for now... bitcoin is the facebook...
Hello Everyone,
For those of you who are looking to see the big picture of the effects of the December 5 People's Bank of China statement, you can check out www.squawkonomics.com for the post "Explaining the Regulatory Impact on Bitcoin in China". We have translated December 5th's People's Bank of China statement key points, and we continue to monitor developments coming out of the People's Bank of China and various other financial regulation bodies.
We hope this information can give you the big picture of what is happening inside China right now, and we will update you via our website if there is any further developments out of China as they come.
For those of you who are looking to see the big picture of the effects of the December 5 People's Bank of China statement, you can check out www.squawkonomics.com for the post "Explaining the Regulatory Impact on Bitcoin in China". We have translated December 5th's People's Bank of China statement key points, and we continue to monitor developments coming out of the People's Bank of China and various other financial regulation bodies.
We hope this information can give you the big picture of what is happening inside China right now, and we will update you via our website if there is any further developments out of China as they come.
But starting a thread named "what does the china bitcoin ban mean?" doesn't look like you are monitor any developments whatsoever.
There isn't any china ban after all
But either way, Bitcoin can only be stopped by something better; and nothing of the sort has come up so far.
So many coins tried, and it doesnt seems likely any one could overtake Bitcoin.
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