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Title: About people Spinning the China Ban News Post by: wopwop on December 05, 2013, 11:06:19 AM Quote You can try and spin this into good news, but it's really not. China is saying that it is taking these actions to prevent bitcoin from undermining their currency controls. If that's true, then this is the first step towards full on war since bitcoin necessarily undermines all currency controls. Title: Re: About people Spinning the China Ban News Post by: Mjbmonetarymetals on December 05, 2013, 11:15:46 AM You didn't sell on this news did you ;D
Title: Re: About people Spinning the China Ban News Post by: bryant.coleman on December 05, 2013, 11:27:45 AM You didn't sell on this news did you ;D I lost a few bucks in panic selling. Sold them after threads started appearing here. But soon realized that a mistake has been made and bought them back. Escaped without much damage. Title: Re: About people Spinning the China Ban News Post by: viriat0 on December 05, 2013, 11:28:12 AM Buy :)
Title: Re: About people Spinning the China Ban News Post by: tutkarz on December 05, 2013, 11:49:29 AM so much fun for me, another weak hands shaken.
Title: Re: About people Spinning the China Ban News Post by: freequant on December 05, 2013, 12:24:53 PM This is such a great news!
Title: Re: About people Spinning the China Ban News Post by: JuanHungLo on December 05, 2013, 01:48:24 PM This is just another central bank throwing down the challenge to us. I say we should pick up the challenge and stick it to the banksters. Buy more. Quit using their fiat as much as possible. Take away their power. Make them squirm.
BTC FTW! Title: Re: About people Spinning the China Ban News Post by: Liquid on December 05, 2013, 01:52:34 PM Never lose faith in Bitcoin, ever ! :D
Title: Re: About people Spinning the China Ban News Post by: Sindelar1938 on December 05, 2013, 03:54:50 PM The gauntlet had been laid down
Time to pick it up and run with it Title: Re: About people Spinning the China Ban News Post by: Honeypot on December 05, 2013, 08:25:57 PM Do the chinese think that by draconian regulations to keep their losses to minimum, and by having rest of the world fall 'helplessly' into a bitcoin trap that chinese government 'presumably' will take 'control' of, with which they will somehow forge a weapon to wield against world's financial institutions?
They be getting too ahead of themselves, sadly. Title: Re: About people Spinning the China Ban News Post by: tvbcof on December 05, 2013, 10:35:02 PM Do the chinese think that by draconian regulations to keep their losses to minimum, and by having rest of the world fall 'helplessly' into a bitcoin trap that chinese government 'presumably' will take 'control' of, with which they will somehow forge a weapon to wield against world's financial institutions? They be getting too ahead of themselves, sadly. I dunno about Chinese people, but that was a hypothesis that I entertain(ed). Like I said some time ago when I first postulated it, it would be a sharp knife that could easily cause grievous injury to the bearer. Particularly if they relied significantly on capital controls for their own monetary management which I believe China does. At the end of the day, I'll bet that there is very incomplete communications and coordination (and much dis-agreement) within the Chinese central government in spite of their being a relatively good example of centralized control. Anyway, I could be wrong about this stuff...I often am. It's only a hypothesis anyway. |