Bitcoin Forum

wtf are we still crying when ever those sobs sneeze?
I thought there was an official ban on China by Bitcoin?

April the 1st... ;)

April 25 is the new April 1

Every day is April 1st, if you're a moron.

Bitcoin is banning China today (April 25th)...   :P

Confirmed

http://www.coindesk.com/ceo-bitcoin-officially-bans-china/ (http://www.coindesk.com/ceo-bitcoin-officially-bans-china/)

https://www.google.co.uk/search?q=official+ban+on+China+by+Bitcoin (https://www.google.co.uk/search?q=official+ban+on+China+by+Bitcoin)

Yes yes indeed :) I remember this was a great joke :)


heheheeh

to the moon!

will westerners please stop sheep following china.

their trading is fake...
.. dont beleive me? listen to th guys from BTCChina (time 13min to 17:30min)
http://youtu.be/2M12zzwNkCo?t=13m

then realise the news from december to april did not cause any physical impact.

and to clarify the media fud
skip to 30 minutes and 15 seconds of the same video.
bitcoin is not illegal
government is not banning users or businesses from sing bitcoin
but central banks will not DIRECTLY purchase or use bitcoins for the BANKS internal investment portfolio of services
they are allowed to however work with businesses so that businesses can send funds to customers

so can people stop basing their Western investments on Eastern FUD

Like I hear myself. I was telling that so many times.

People basing trading Bitcoins on China like China is a "determinant" of Bitcoin value - it is not!

But this thread is more about a joke :) a joke from 1st of April from Coindesk.

There is always bad news from China then after they say JUST KIDDING.

The price goes up and down with each news... 

Didn't you bother to read any of the threads stating it was banned in China?  You would have learned that is was not true and people were spreading lies most likely so they could buy cheap coin IMO.

I'm telling you guys, it's only a matter of time until bitcoin bans the goverment.

No, as far as i know It's not banned, It was told so on April 1st, also when there was so much "sht" with china news noone can take It seriously I think  :-\

Bitstamp down $50 in 24/h due to arbitrage from Chinese exchanges... I can see why Bitcoin banned China.

This would be a great news lol. :D

In my opinion there is something about this what you're saying.
It's just a matter of time when bitcoin will have own government.

bitcoin bans china, yes.  ;)

But it is not a fault of people from China. :) They need BTC as we need it.
It is just that we listen to rumors! :) That we shouldn't take seriously.

I'm so tired of news about China and bitcoins. There is  some change all the time and not always for the better

Same here. I am tired of those China ban news.
TBH, I prefer to see China officially banning bitcoin, than keep seeing those rumors/news every month.

Didn't Bitcoin ban China? or Didn't China ban Bitcoin? I m tired too) Its actually a surprise for me that Bitcoin still was available in China, they ban everything :-[

Hope not only Bitcoin is gonna do that. It'd be nice if some economicc sanctions towards China would start to work.

I'm tired not of news but of all those endless duscussion about it, most participants of which doesn't even now basic things about China and BTC

How could bitcoin ban china? Wasn't it all about china banning bitcoin?  :D

There has been a lot of talk recently about China's multiple "bans" of Bitcoin. Let's be frank, Bitcoin will thrive with or without China. As I was taught in economics 101, in the long run, the market always wins. The vast Chinese citizenry need Bitcoin more than Bitcoin needs China.

Yeah i remember i rad news about "bitcoin foundation banning China" but not sure if that was true. Anyways bitcoin cant ban China, and China cant ban bitcoin. Well they can legally but , weapons , and drugs are banned to , and we have them everywhere, and bitcoin is so much easier to get and store. So... Good luck with banning bitcoin :D .

Probably should have taken economics 102 too, were they explain to you how this is a meaningless bullshit phrase.

Here is the answer (China's first Bitcoin ATM, located at Shanghai. It was installed by the Lamassu). There is another Bitcoin ATM at Beijing, but it is of the Robocoin brand.

http://www.chinadaily.com.cn/business/img/attachement/jpg/site1/20140417/00221917fa1314b95aa536.jpg

Yap, lol. News about bitcoin is mostly based on rumors . And problem is people believe it and that then reflects on price.
I hope that will change in the future.

Seems like China bans bitcoin everyday: they wake up, ban bitcoin, eat rice, go to Foxconn, eat rice again, go back to sleep and repeat.

China=/=eating rice u tard...

We are now officially overdue for some more BS news out of China. Once that happens we will see how legitimate this last price rally was. I'm hoping that btc is much stronger this time around, and that it won't affect prices as drastically as it used to...

? (http://irri.org/rice-today/game-changers-in-the-global-rice-market)

FTFY

The price of bitcoin is recovering these days, so that is just bad spread of rumors...
To be sure you can clearly see sites for electronic gadgets in China still receive payment in bitcoins.

I suspect there are some PBOC officials that bought into the low they created. They want to go back up now so they can cash out.

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

According to official sources, the ultimate and final ban(exchanges shutdown...) is about to follow in the next few days.

I have not seen this message from any of Chinese BTC forum.
Where did you get this information?

Very good point. This big price oscillations are great for traders to make huge money.

So the Chinese Gov hold monopoly that affect on price until it buy all btc and for 10 or more years sell us for 100x more than current price :D

They cant buy all the bitcoins, i know they cant buy from me. And many other members. Its not that simple.

LOL, don't listen to stuff you hear at these forums. If anyone is seriously still trading base on rumors in the bitcoin community then you deserve to be panicked out of your "investment". 

What I am asking is "where did you get the information (Chinese exchanges shutdown in the next few days)?"
I did not see it from Chinese BTC forum, so I am quite curious about your information source.
But that does not mean my investment is based on "rumors" from Chinese BTC forums.
That should be a simple logic, isn't it?
If you could not provide the "official sources" or prove it, obviously you are saying "rumors"!

Btw, each forums has "rumors" about something, that's for sure.
Apart from that, Chinese BTC forums also have many logical and thoughtful analysis on BTC price trend and future. Those made by very clever guys and quite valuable.
I do not expect you to be able to read those Chinese articles, but please do not prejudge something you do not understand.

BTC price is based on the public recognition and confidence.
If China has a monopoly on BTC market, I believe people would go to other altcoin (LTC or something else).
BTC will be worthless and, Chinese Gov gain nothing from it.

Correct , except one part , if bitcoin gets worthless other altcoins will become worthless to, or they will do the same with them. So... Idk my head hurts when i even think about all possible scenarios :D

What about they give you an offer you cant refuse? :D

Hehe :D . Maybe but that offer will need to be 100k$ cash :) .

Their economy growing up fast, that would be nothing for them.