Title: PBOC Ex-Deputy: No Space for Coexistence of BTC and CNY in China Post by: Jamacn on December 25, 2014, 02:51:45 AM The former deputy director of the People’s Bank of China has stated that virtual currency can exist in tandem with government-issued currency in a public speech.
Speaking at the Sanya Forum international finance event, Wu Xiaoling asserted that “private money in a digital form can coexist with government money” and that such a situation is “the norm in human society.” [...] Sounds great, but, "Wu was the deputy governor of PBOC. Now she's more like an economist and a think-tank supporting PBOC's policymaking. People still listen to what she has to say, but we should not "over-react" the importance of this speech." commented by LakeBTC CEO. So that's the reason why the bitcoin price down after her speech without rising http://cointelegraph.com/news/113113/pboc-ex-deputy-space-for-coexistence-of-digital-and-government-currency-in-china Title: Re: PBOC Ex-Deputy: No Space for Coexistence of BTC and CNY in China Post by: nextgencoin on December 25, 2014, 03:01:18 AM The former deputy director of the People’s Bank of China has stated that virtual currency can exist in tandem with government-issued currency in a public speech. Speaking at the Sanya Forum international finance event, Wu Xiaoling asserted that “private money in a digital form can coexist with government money” and that such a situation is “the norm in human society.” [...] Sounds great, but, "Wu was the deputy governor of PBOC. Now she's more like an economist and a think-tank supporting PBOC's policymaking. People still listen to what she has to say, but we should not "over-react" the importance of this speech." commented by LakeBTC CEO. So that's the reason why the bitcoin price down after her speech without rising http://cointelegraph.com/news/113113/pboc-ex-deputy-space-for-coexistence-of-digital-and-government-currency-in-china You might want to edit your title. "No" Title: Re: PBOC Ex-Deputy: No Space for Coexistence of BTC and CNY in China Post by: Jamacn on December 25, 2014, 03:09:01 AM The former deputy director of the People’s Bank of China has stated that virtual currency can exist in tandem with government-issued currency in a public speech. Speaking at the Sanya Forum international finance event, Wu Xiaoling asserted that “private money in a digital form can coexist with government money” and that such a situation is “the norm in human society.” [...] Sounds great, but, "Wu was the deputy governor of PBOC. Now she's more like an economist and a think-tank supporting PBOC's policymaking. People still listen to what she has to say, but we should not "over-react" the importance of this speech." commented by LakeBTC CEO. So that's the reason why the bitcoin price down after her speech without rising http://cointelegraph.com/news/113113/pboc-ex-deputy-space-for-coexistence-of-digital-and-government-currency-in-china You might want to edit your title. "No" add "Might"? I'm sure its also not "YES" Title: Re: PBOC Ex-Deputy: No Space for Coexistence of BTC and CNY in China Post by: GÜNther.Danish on December 25, 2014, 04:06:07 AM Whether Clinton's or W.Bush's speech will affect Obama's decision? It is hard to prove
Title: Re: PBOC Ex-Deputy: No Space for Coexistence of BTC and CNY in China Post by: Bejkn on December 25, 2014, 06:49:50 AM I think it is a good news, but the price has dropped :-[
Title: Re: PBOC Ex-Deputy: No Space for Coexistence of BTC and CNY in China Post by: Q7 on December 25, 2014, 07:34:47 AM Not sure what is their stand anyway. Ok or Not Ok? If okay, then the price of btc should be moving up and not down. I thought the policy was towards restricting use of cryptocurrency but now the tone is different. ???
Title: Re: PBOC Ex-Deputy: No Space for Coexistence of BTC and CNY in China Post by: Abdussamad on December 25, 2014, 11:49:32 AM Such a misleading title. Change it already!
Title: Re: PBOC Ex-Deputy: No Space for Coexistence of BTC and CNY in China Post by: Bejkn on December 26, 2014, 03:01:12 AM Not sure what is their stand anyway. Ok or Not Ok? If okay, then the price of btc should be moving up and not down. I thought the policy was towards restricting use of cryptocurrency but now the tone is different. ??? just likeQuote People still listen to what she has to say anyway, what she said is nothing help to the policymakersTitle: Re: PBOC Ex-Deputy: No Space for Coexistence of BTC and CNY in China Post by: cbeast on December 26, 2014, 03:12:19 AM Yet another China Bans Bitcoin thread.
Title: Re: PBOC Ex-Deputy: No Space for Coexistence of BTC and CNY in China Post by: Frabcesco on December 26, 2014, 06:03:27 AM Yet another China Bans Bitcoin thread. A Ban Should “Target Risky Products and Foul Players, Not Bitcoin Itself” http://cointelegraph.com/news/112112/a-ban-should-target-risky-products-and-foul-players-not-bitcoin-itself-lakebtc-ceo-thomas-xie Also spoken by Thomas Xie Title: Re: PBOC Ex-Deputy: No Space for Coexistence of BTC and CNY in China Post by: Jamacn on December 26, 2014, 09:02:38 AM Not sure what is their stand anyway. Ok or Not Ok? If okay, then the price of btc should be moving up and not down. I thought the policy was towards restricting use of cryptocurrency but now the tone is different. ??? I just mean her views does not represent the Chinese Government, so no matter what she said is "yes" or "no", not much contacts Title: Re: PBOC Ex-Deputy: No Space for Coexistence of BTC and CNY in China Post by: botany on December 27, 2014, 09:44:34 AM The title still hasn't been changed.
Too misleading. |