Bitcoin Forum

Economy => Speculation => Topic started by: fonzie on June 04, 2014, 06:51:06 AM



Title: New China Ban incoming
Post by: fonzie on June 04, 2014, 06:51:06 AM
Last option to deposit money is about to get banned, which will probably force all exchanges to shutdown.

CHINA BANS BITCOIN! GAME OVER!

"PBoC is going to ban "recharge code""

SUB 300 - SOONISH

http://www.btcbbs.com/forum.php?mod=viewthread&tid=15521


Title: Re: New China Ban incoming
Post by: TrytoHex on June 04, 2014, 08:22:49 AM
Yawn...


Title: Re: New China Ban incoming
Post by: cenixentor on June 04, 2014, 08:29:30 AM
You and Chinese are assholes


Title: Re: New China Ban incoming
Post by: b!z on June 04, 2014, 08:35:53 AM
Do we still care?


Title: Re: New China Ban incoming
Post by: Kazimir on June 04, 2014, 08:39:37 AM
Who gives a flying f*ck about China. They have lost the race. They chose to exclude themselves from Bitcoin, thus not being part of the revolution.

Trading volumes in China are completely insignificant, and have been for quite a while already now. Just walk along folks. Nothing to see here.


Title: Re: New China Ban incoming
Post by: Farmer17 on June 04, 2014, 09:01:55 AM
Yay, China is going to ban bitcoin, again. ;D


Title: Re: New China Ban incoming
Post by: maurya78 on June 04, 2014, 09:11:26 AM
This coffee is a tad stale
Time to put on another pot....


Title: Re: New China Ban incoming
Post by: zimmah on June 04, 2014, 09:12:17 AM
Most of the Chinese trades were probably bots anyway.


Title: Re: New China Ban incoming
Post by: freedomno1 on June 04, 2014, 09:14:03 AM
Yawn indeed China Ban's only work so many times before the market gets bored of it
Now if this was brought up six months from now again with a refreshing twist :P
In other words China needs to stop crying wolf all the time with its ban


Title: Re: New China Ban incoming
Post by: nxthing on June 04, 2014, 09:21:21 AM
This is not the news. The real new is VC's entrace into bitcoin, price volatility at the exchanges! Some whales are playing us!


Title: Re: New China Ban incoming
Post by: coinlighter on June 04, 2014, 09:27:36 AM
Everyone were waiting for this after month of silence. ;D
I was about to worry what has happened to them.


Title: Re: New China Ban incoming
Post by: Krang on June 04, 2014, 09:38:39 AM
Yawn...

Yup I'm a little tired of these fud threads. BobbyLee probably doesn't post here and you just chnaged the forum name.


Title: Re: New China Ban incoming
Post by: BitCoinNutJob on June 04, 2014, 10:16:02 AM

i dont think china really matters that much anymore, they dont have any businesses accepting bitcoin.  The only thing matters is chinese investment into what the ROW are dong with bitcoin.


Title: Re: New China Ban incoming
Post by: simtal on June 04, 2014, 10:20:10 AM
The weak Chinese players left the market ages ago, the people still into btc there don't care what the pboc says about exchanges. If they really do 'ban' its going to be much harder to get in China. Price will probably rise.


Title: Re: New China Ban incoming
Post by: Blues426 on June 04, 2014, 10:24:34 AM
At this moment, people can still deposit money to account at Chinese BTC Exchanges.


Title: Re: New China Ban incoming
Post by: Neg on June 04, 2014, 10:44:28 AM
At this moment, people can still deposit money to account at Chinese BTC Exchanges.

So there isnt even really a proper ban? Just restrictions on certain things?


Title: Re: New China Ban incoming
Post by: blatchcorn on June 04, 2014, 11:00:17 AM
At this moment, people can still deposit money to account at Chinese BTC Exchanges.

So there isnt even really a proper ban? Just restrictions on certain things?
You will quickly discover that china bans bitcoin about once a month  ;)


Title: Re: New China Ban incoming
Post by: franky1 on June 04, 2014, 11:00:27 AM
the amount of non chinese with non chinese banks that use btcchina is negligible.. meaning it has no impact on the western world.

the amount of FUD this time wont cause price panic like before.

also we know its FUD, why else would bobbylee offer new features, trading platforms and website updates if he knows he is being shut down..


Title: Re: New China Ban incoming
Post by: TYT on June 04, 2014, 11:02:11 AM
At this moment, people can still deposit money to account at Chinese BTC Exchanges.

So there isnt even really a proper ban? Just restrictions on certain things?
You will quickly discover that china bans bitcoin about once a month  ;)

lol. Probably more than once a month. People just love to listen to rumours and spread fud and half truths.


Title: Re: New China Ban incoming
Post by: m5j0r on June 04, 2014, 11:02:59 AM
It would be great to get China truly on board for an enormous increase in volume - but if they ban everything then well we can go on without them.


Title: Re: New China Ban incoming
Post by: bitsmichel on June 04, 2014, 11:12:46 AM
At this moment, people can still deposit money to account at Chinese BTC Exchanges.

So there isnt even really a proper ban? Just restrictions on certain things?
You will quickly discover that china bans bitcoin about once a month  ;)

It is indeed very often in the news (from the forum):
China’s Central Bank Governor: PBOC Won’t Ban Bitcoin - april 2014
China bitcoin ban is FAKE DONT PANIC!! - march 2014
China's Central Bank warning Banks on Bitcoin - may 2014
China central bank warns banks against use of bitcoin - december 2013
BTC China Endgame?? - december 2013
etc



Title: Re: New China Ban incoming
Post by: Guido on June 04, 2014, 01:08:42 PM
the only new news that could possible come out of china now is GOOD news
same as gox news

both fucked things for a time in worst case scenarios
theyre done now

personally i don't even consider either and as finished
so anything new could only be good

there is so much new good bitcoin news coming out every day, i consider btc and alts wildly underpriced.
autumn is gonna be good  ;D

the next top wont be 1200, it will be nearer 3000 when it comes imo, with many little tricks on way to scare weak hands,
then may stabilise around 1500 - 2000 mark


Title: Re: New China Ban incoming
Post by: Torque on June 04, 2014, 02:33:34 PM
And yet China is rallying.  :o

You know something is pure FUD when fonzie posts it.  :D


Title: Re: New China Ban incoming
Post by: jamesc760 on June 04, 2014, 03:13:56 PM
fonzie and FUD in one sentence??? No way!


Title: Re: New China Ban incoming
Post by: Houseman on June 04, 2014, 03:19:11 PM
China also makes some of the most widely used Bitcoin miners too.
They might try to control it (mostly impossible) but banning it IS impossible.


Title: Re: New China Ban incoming
Post by: arteleis on June 04, 2014, 03:21:02 PM
LOL - THis just in.. New currency.  Bitcoin??  Valued at 40$??  SCAM!


Title: Re: New China Ban incoming
Post by: viboracecata on June 04, 2014, 03:29:42 PM
You care?

I don't care anyway


Title: Re: New China Ban incoming
Post by: Undone on June 04, 2014, 04:49:21 PM
Fonzie: One of the best candidates to go on anyone's ignore list.


Title: Re: New China Ban incoming
Post by: chanz on June 04, 2014, 04:52:30 PM
Why don't they just do it and get their thing aside.


Title: Re: New China Ban incoming
Post by: Tzupy on June 04, 2014, 05:00:40 PM
Bitcoincharts has added OKcoin to the volume pie, Huobi not yet. Just OKcoin is 51% of global volume, so don't think China
doesn't matter. As for the 'ban', there isn't anything official yet, and I wonder how can the PBoC completely block deposits.
The Chinese exchanges have been so far resourceful and were able to circumvent previous 'bans'.
OTOH, if some official at the PBoC gets pissed off that the exchanges are still operational, tougher measures may follow.


Title: Re: New China Ban incoming
Post by: Wandererfromthenorth on June 04, 2014, 05:02:19 PM
Oh so you quoted Bobby lee huh?

"Quote from: BobbyLee on Today at 06:47:14 AM"

LOOOOOL


Title: Re: New China Ban incoming
Post by: runam0k on June 04, 2014, 05:25:09 PM
China has other things to think about today - like the Tiananmen massacre.  Come back tomorrow with your FUD.


Title: Re: New China Ban incoming
Post by: CEG5952 on June 04, 2014, 05:28:06 PM
Who gives a flying f*ck about China. They have lost the race. They chose to exclude themselves from Bitcoin, thus not being part of the revolution.

"They chose to"? People are not their governments, first of all. Secondly, the market should care about China, considering western exchanges are still largely following Huobi and OkCoin. Take yesterday's drop as an example.


Title: Re: New China Ban incoming
Post by: Torque on June 04, 2014, 05:50:07 PM
Bitcoincharts has added OKcoin to the volume pie, Huobi not yet. Just OKcoin is 51% of global volume, so don't think China
doesn't matter.
[Using Yoda voice] So sure of that number, are we?  Couldn't possibly be wrong by order of magnitude, could it?


Title: Re: New China Ban incoming
Post by: fonzie on June 04, 2014, 05:53:06 PM
Bitcoincharts has added OKcoin to the volume pie, Huobi not yet. Just OKcoin is 51% of global volume, so don't think China
doesn't matter.
[Using Yoda voice] So sure of that number, are we?  Couldn't possibly be wrong by order of magnitude, could it?

This is a FACTS only thread, please stay out of here with your FUDDISH assumptions. No offense. Thanks. Fonzie


Title: Re: New China Ban incoming
Post by: DubFX on June 04, 2014, 05:56:35 PM
Bitcoincharts has added OKcoin to the volume pie, Huobi not yet. Just OKcoin is 51% of global volume, so don't think China
doesn't matter.
[Using Yoda voice] So sure of that number, are we?  Couldn't possibly be wrong by order of magnitude, could it?

This is a FACTS only thread, please stay out of here with your FUDDISH assumptions. No offense. Thanks. Fonzie
Your username is enought for us to deduct our judictions from that.


Title: Re: New China Ban incoming
Post by: zakalwe on June 04, 2014, 06:01:58 PM
Bitcoincharts has added OKcoin to the volume pie, Huobi not yet. Just OKcoin is 51% of global volume, so don't think China
doesn't matter.
[Using Yoda voice] So sure of that number, are we?  Couldn't possibly be wrong by order of magnitude, could it?

This is a FACTS only thread, please stay out of here with your FUDDISH assumptions. No offense. Thanks. Fonzie
Your username is enought for us to deduct our judictions from that.

Fonzie is the king of the clowns spreading FUD. I wonder how much is the Q.I of these people.........he's still waiting for bitcoin to be 1 buck lololololol

 ;D


Title: Re: New China Ban incoming
Post by: igorr on June 04, 2014, 06:05:57 PM
Just look, next target price, 150-200 usd ???


Title: Re: New China Ban incoming
Post by: zakalwe on June 04, 2014, 06:09:07 PM
Just look, next target price, 150-200 usd ???


Here we go!!!!!! Another one!!!!! Just because I am curious but do you guys go around with a big red ball on your nose... .

 ;D


Title: Re: New China Ban incoming
Post by: Alley on June 04, 2014, 06:16:10 PM
All this does is set up another bubble when they lift the ban.


Title: Re: New China Ban incoming
Post by: serje on June 04, 2014, 06:17:47 PM
China is banning BTC every week! No new news here! Let's move on!


Title: Re: New China Ban incoming
Post by: 10c on June 04, 2014, 08:05:46 PM
This!
China is banning BTC every week! No new news here! Let's move on!

No one cares anymore why post it?


Title: Re: New China Ban incoming
Post by: btc6000 on June 05, 2014, 03:33:17 PM
Please do not feed the trolls


Title: Re: New China Ban incoming
Post by: BittBurger on June 05, 2014, 04:25:59 PM
Please do not feed the trolls

Why do you bump the thread??? It was almost on page 2.   Let it go.


Title: Re: New China Ban incoming
Post by: ampere9765 on June 05, 2014, 09:28:47 PM
I know everyone likes to joke at this point about China banning BTC. But is this not still a cloud hanging over our heads? It's not like the PBOC ever came out and said "it's all good!" and it still seems like exchanges are going against the spirit of the earlier PBOC orders.