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Title: Surviving the China Ban Post by: raskolnikovx on December 05, 2013, 04:31:37 PM For Bitcoin to be able to walk through this China Ban mess is a sign of necessary strenght.
Cryptocoins must be able to survive this kind of situations since its in their esence to be considerer as problematic by control organisms. I think Bitcoin will come stronger after all this. Agree? Title: Re: Surviving the China Ban Post by: rebuilder on December 05, 2013, 04:34:45 PM What situation? The Chinese have banned something hardly anyone has ever even done anywhere.
Title: Re: Surviving the China Ban Post by: wobber on December 05, 2013, 04:38:53 PM Getting tired of morons that think China banned anything today.
Title: Re: Surviving the China Ban Post by: balanghai on December 05, 2013, 04:39:49 PM They could ban it within china, but it can't stop the chinese people to mine/buy/sell or speculate. If it would be illegal to hold coins in the computers in china, then use a cloud wallet.
Title: Re: Surviving the China Ban Post by: Odrec on December 05, 2013, 04:42:32 PM What situation? The Chinese have banned something hardly anyone has ever even done anywhere. Well prohibiting bitcoin as a currency is kind of big. I agree banning banks from trading is irrelevant to bitcoin but the currency part is worrisome to me. Well China hasn't exactly been very efficient banning stuff either way so maybe it's not such bad news. Title: Re: Surviving the China Ban Post by: favelle75 on December 05, 2013, 04:43:05 PM Getting tired of morons that think China banned anything today. The market must be full of morons then... Title: Re: Surviving the China Ban Post by: Damnsammit on December 05, 2013, 04:43:19 PM Getting tired of morons that think China banned anything today. No kidding. Seems to be all anyone is posting about... Title: Re: Surviving the China Ban Post by: niothor on December 05, 2013, 04:44:14 PM Getting tired of morons that think China banned anything today. Common , china is banning thousands of things each year ,, they should have banned something today. Title: Re: Surviving the China Ban Post by: favelle75 on December 05, 2013, 04:44:31 PM Getting tired of morons that think China banned anything today. No kidding. Seems to be all anyone is posting about... What other Bitcoin "news" should supercede it? I am interested to hear. Title: Re: Surviving the China Ban Post by: UnDerDoG81 on December 05, 2013, 04:48:09 PM Sell sell sell everybody! Quickly! Price next week, 1 USD!
Title: Re: Surviving the China Ban Post by: BitcoinAshley on December 05, 2013, 04:49:01 PM China Ban? What? Please provide a link and evidence to prove that "china has banned bitcoin." And yes, it actually has to prove that "China has banned bitcoin" and not just "China has issued new regulatory rules requiring AML/KYC for related businesses and forbidding major financial institutions from using it."
Example: "The United States has banned [state-recognized] gay marriage" a few years ago, you'd simply provide a link to DOMA. "The United States has banned crack cocaine" and you'd simply have to provide a link to the DEA and the controlled substances act. Should be just as easy for "China banned bitcoin," right? ;-) Posting fake news on the speculation board is absolutely inappropriate. Title: Re: Surviving the China Ban Post by: Damnsammit on December 05, 2013, 04:51:08 PM Getting tired of morons that think China banned anything today. No kidding. Seems to be all anyone is posting about... What other Bitcoin "news" should supercede it? I am interested to hear. Ron Paul says that Bitcoin could "destroy the dollar" http://money.cnn.com/2013/12/04/technology/bitcoin-libertarian/ Title: Re: Surviving the China Ban Post by: jerelimZ on December 05, 2013, 04:58:21 PM For Bitcoin to be able to walk through this China Ban mess is a sign of necessary strenght. As I understand, only Banks cannot trade Bitcoins, which is understable if you understand how Banks works. Title: Re: Surviving the China Ban Post by: piramida on December 05, 2013, 05:05:19 PM Well prohibiting bitcoin as a currency is kind of big. But is it? Bitcoin is not a currency anywhere in the world and now we know for certain it isn't a currency in China. Nothing really changed here. Nobody expected China to abandon yuan (this year). Title: Re: Surviving the China Ban Post by: BitcoinAshley on December 05, 2013, 05:05:51 PM Getting tired of morons that think China banned anything today. No kidding. Seems to be all anyone is posting about... What other Bitcoin "news" should supercede it? I am interested to hear. Apparently a village in papua new guinea now accepts bitcoins for bamboos. So bullish ;D If that were true, it'd actually be mildly bullish if it got decent coverage. It would show bitcoin's accessibility and would also show that there's really no excuse for more businesses not to accept it. Also the statist progressive rubber-bracelet-wearing do-gooders would realize that there are ways to help people in developing nations without just throwing them in refugee camps and sending over sacks of Monsanto ground corn and soy like a bunch of feedlot cattle. Mobile phones are becoming far more popular in poor areas of developing countries, and where there is a mobile phone, there is the ability to transmit and receive value without the fees or nationalist sanctions associated with Paypal, WU, etc. Even with SMS only, SMS services for moving bitcoins are popping up. Millions of Kenyans use M-Pesa. Inb4 some stupid cliche about "what's a starving villager to do with fake digital currency when he really needs seeds and clothing?" I'm talking about the areas that do already have mobil phones and methods to acquire goods for currency - they just don't have the exchangeable value, or at least virtually frictionless movement of exchangeable value, to do so. Title: Re: Surviving the China Ban Post by: niothor on December 05, 2013, 05:13:24 PM Getting tired of morons that think China banned anything today. No kidding. Seems to be all anyone is posting about... What other Bitcoin "news" should supercede it? I am interested to hear. Apparently a village in papua new guinea now accepts bitcoins for bamboos. So bullish ;D If that were true, it'd actually be mildly bullish if it got decent coverage. It would show bitcoin's accessibility and would also show that there's really no excuse for more businesses not to accept it. Also the statist progressive rubber-bracelet-wearing do-gooders would realize that there are ways to help people in developing nations without just throwing them in refugee camps and sending over sacks of Monsanto ground corn and soy like a bunch of feedlot cattle. Mobile phones are becoming far more popular in poor areas of developing countries, and where there is a mobile phone, there is the ability to transmit and receive value without the fees or nationalist sanctions associated with Paypal, WU, etc. Even with SMS only, SMS services for moving bitcoins are popping up. Inb4 some stupid cliche about "what's a starving villager to do with fake digital currency when he really needs seeds and clothing?" I'm talking about the areas that do already have mobil phones and methods to acquire goods for currency - they just don't have the exchangeable value, or at least virtually frictionless movement of exchangeable value, to do so. http://www.genomicon.com/wp-content/uploads/2013/07/bitcoin_taxi.jpg Whats happened to this? http://motherboard.vice.com/blog/one-third-of-kenyans-now-have-a-bitcoin-wallet Title: Re: Surviving the China Ban Post by: Odrec on December 05, 2013, 05:13:48 PM Well prohibiting bitcoin as a currency is kind of big. But is it? Bitcoin is not a currency anywhere in the world and now we know for certain it isn't a currency in China. Nothing really changed here. Nobody expected China to abandon yuan (this year). But isn't one of its main goals to become a currency that you can exchange for real goods and services? Isn't China basically relegating it into just a speculative game? Just to make it clear I'm still bullish but I'm not an expert on trading, economy or anything like that so I'm raising questions to learn more than anything... we need information to make better decisions :) Title: Re: Surviving the China Ban Post by: BadAss.Sx on December 05, 2013, 05:16:32 PM Pff, what china did is what every country is going to do...they did not banned it...they just told the Chinese people to be carefull with bitcoins and that banks cannot do any bitcoin transaction like selling insurance, mortgage etc. etc. for bitcoin.
Title: Re: Surviving the China Ban Post by: favelle75 on December 05, 2013, 05:20:56 PM Pff, what china did is what every country is going to do...they did not banned it...they just told the Chinese people to be carefull with bitcoins and that banks cannot do any bitcoin transaction like selling insurance, mortgage etc. etc. for bitcoin. So basically BTC can't be used for any sort of REAL economy then? And that's good? Title: Re: Surviving the China Ban Post by: piramida on December 05, 2013, 05:40:23 PM Pff, what china did is what every country is going to do...they did not banned it...they just told the Chinese people to be carefull with bitcoins and that banks cannot do any bitcoin transaction like selling insurance, mortgage etc. etc. for bitcoin. So basically BTC can't be used for any sort of REAL economy then? And that's good? You need to really read up on bitcoin. It does not need banks for any of that. |
