Bitcoin Forum

Economy => Speculation => Topic started by: mb300sd on December 07, 2013, 08:56:47 AM



Title: STOP PANICKING! Bitcoin is NOT banned in China, citizens CAN ACCEPT BITCOIN.
Post by: mb300sd on December 07, 2013, 08:56:47 AM
See http://www.quora.com/China/What-is-the-situation-regarding-Bitcoin-from-the-perspective-of-someone-in-China/answer/Joseph-Wang-9?srid=FmS&share=1

Especially the comments,

https://i.imgur.com/qgMK55c.png


Title: Re: STOP PANICKING! Bitcoin is NOT banned in China, citizens CAN ACCEPT BITCOIN.
Post by: wobber on December 07, 2013, 08:59:48 AM
I know BTC is not banned. But what's the point trying to illuminate the piglets? You can't. So let there be blood.


Title: Re: STOP PANICKING! Bitcoin is NOT banned in China, citizens CAN ACCEPT BITCOIN.
Post by: Elwar on December 07, 2013, 09:05:17 AM
I went to a Chinese restaurant and when the check came I pulled out my phone told them I was going to pay with Bitcoin. They said no. I told them it was all I had. They called the cops.

Conclusion. Bitcoin is banned in China. Try to use it and you will be thrown in jail.


Title: Re: STOP PANICKING! Bitcoin is NOT banned in China, citizens CAN ACCEPT BITCOIN.
Post by: shadowninjax on December 07, 2013, 09:12:40 AM
I went to a Chinese restaurant and when the check came I pulled out my phone told them I was going to pay with Bitcoin. They said no. I told them it was all I had. They called the cops.

Conclusion. Bitcoin is banned in China. Try to use it and you will be thrown in jail.

LOL , I can't decide if you're making fun or speaking the truth.  ;D


Title: Re: STOP PANICKING! Bitcoin is NOT banned in China, citizens CAN ACCEPT BITCOIN.
Post by: Marbit on December 07, 2013, 09:15:49 AM
hey, the bubble had to pop sometime. (yeah, yeah, bubble gets the idea across, anyway)


Title: Re: STOP PANICKING! Bitcoin is NOT banned in China, citizens CAN ACCEPT BITCOIN.
Post by: pera on December 07, 2013, 09:16:58 AM
Who is Joseph Wang?  ???

also: https://bitcointalk.org/index.php?topic=359067.0 (https://bitcointalk.org/index.php?topic=359067.0)


Title: Re: STOP PANICKING! Bitcoin is NOT banned in China, citizens CAN ACCEPT BITCOIN.
Post by: vendetahome on December 07, 2013, 09:19:31 AM
I like the low price because I can buy low, when people realize the Chinese news is not so bad, they already loose a lot of bitcons by selling low and buying higher


Title: Re: STOP PANICKING! Bitcoin is NOT banned in China, citizens CAN ACCEPT BITCOIN.
Post by: Bitsurprise on December 07, 2013, 10:00:57 AM
Banned for financial institutions period , what guarantees you they wont ban people from using it ?


Title: Re: STOP PANICKING! Bitcoin is NOT banned in China, citizens CAN ACCEPT BITCOIN.
Post by: windjc on December 07, 2013, 10:13:52 AM
Banned for financial institutions period , what guarantees you they wont ban people from using it ?

What guarantees you that aliens want come raid your refrigerator tonight?

Yeah, thought so.


Title: Re: STOP PANICKING! Bitcoin is NOT banned in China, citizens CAN ACCEPT BITCOIN.
Post by: Bitsurprise on December 07, 2013, 10:19:09 AM
Banned for financial institutions period , what guarantees you they wont ban people from using it ?

What guarantees you that aliens want come raid your refrigerator tonight?

Yeah, thought so.

Mate its banned you're trying hard , the next step would be banning people , but either way , who cares if people can exchange WOW gold between themselves if it is not a currency and its not accepted by fin inst and businesses , what business will accept this so called virtual commodity there if the gov at anytime can ban anything and its already did for BTC wake matey ...


Title: Re: STOP PANICKING! Bitcoin is NOT banned in China, citizens CAN ACCEPT BITCOIN.
Post by: NUFCrichard on December 07, 2013, 10:34:22 AM
is it not because it is hella risky for financial institutions to own something that frequently goes up or doen by 50% in a few hours?
Seems like sensible practice, but that doesn't mean the man on the street can't use it, at theriw own risk.