Bitcoin Forum

Just to counter-act the bears.

Will update if this situation ever changes, and can be bumped when rumours spread again

That's true.  Btw those exchange sites are processing new withdrawals now?  If not, Chinese can't dump their bitcoins.

Still not banned

Just got re-re-re-banned again.  ;D

The headline has to start with "BREAKING: ", for greater effect.

People keep spreading FUD, if they were real, bitcoin got banned like 35206225690810847308 times already.

It would have been $0 years ago :)

Corrected  ;D

Yeah Bitcoins aren't banned......banks are merely forbidden from having anything to do with any Bitcoin trades whatsoever.....

.....but just to be clear, the PBOC have absolutely nothing against Bitcoin.

important to remember that....  ::)

https://bitcointalk.org/index.php?topic=555754.msg6070128#msg6070128

No one claimed bitcoin in itself was banned by China, that was never the case but I keep seeing silly threads like this one.

It was always bans of deposit and withdrawal methods first third party processors then banks. Chinese authorities know bitcoin being decentralized cannot be banned directly so the only way is to make it so hard to invest that the masses simply exit and don't bother with it.

maybe the chinese will introduce "effective double taxation".  sales tax when you buy the bitcoins.  capital gains when you sell.

Still not banned

All the ban stories coming out of China are nothing more than attempts to manipulate the price.

how about now? ...






..thought not!

I can verify that Bitcoin is not banned in China

Prtcoin.com

Is that verification enough? Is there any translated page btw?

You can use Google translator or chrome to see the translation

Still not banned

Of course it isn't banned. You can legally own bitcoins. You just can't buy them or sell them through exchanges, lol.

It's essentially banned if fiat can't flow in and out of it.  Stop being silly.  Sell me your coins.

Someone make a shirt that says still not banned.. and send me one.  Hey you can still make person to person transactions so it's not all bad.

China is one big bluf

In another 3-4 week's time we will have our next bitcoin-is-not-banned-in-china Bull-FUD. Stay tuned.

Still not banned. Looking forward to the next 'ban'

bitcoin probly legal.

But exchange chinese money for bitcoin is being more and more discouraged

They would love to ban bitcoin, but its very hard to do as it requires extensive and specific changes in the law to make sure it doesn't affect all means of exchange of information.

Much easier to just cut off any flow of fiat in or out of the system, the effect is basically the same.

still not banned, so we will see another banning from PBOC and make BTC prices dip like before

and when the exchanges all move out of china .the great wall of the china internet will likely ban the sites

man everyone should see this coming ...exchanges will have to go outside china...china will lose control of manipulating major china exchanges on bitcoin..china will ban all trade outside of china on these exchanges..and lock out the www sites etc

of course it won't work..but likely will have a chilling effect on noobs getting into bitcoin in china

what I still would like to know is if they are gonna then go after the ASIC manufacturers of miner machines and lock their cash flow to an fro to...

it might not be banned...but the above to senarios sure could slow the growth down a lot in china imho

Searing

It's being banned. Bitcoin is being banned in China. There we go; didn't really hurt much!  ;D