Bitcoin Forum

We all know that some really awful news has been fully confirmed here (http://www.epa.gov/chinese/) by the Chinese Ministry of Source Confirmation at the PBOC.   Officially, the facts are as follows (I'll provide with sources where possible, google the rest for proof):

(1) Bitcoin cannot be bought and sold.  This is absolutely true in China as of 48 hours ago.  See the section titled "壞事嚇得互聯網賺錢"
(2) China plans an international committee to prevent all banks, worldwide, from interacting with the word "bitcoin".  This was also confirmed by some twitters.  Unfortunately, they were quickly deleted, but the head of Paypal confirmed this 2 hours ago here (http://here).
(3) Satoshi appears to have been captured (http://www.reddit.com/r/Bitcoin/comments/1t1o9d/satoshi_found_chinese_gov_has_bitcoin_shutoff/).
(4) China has plans to shut bitcoin off, not just in China, but worldwide.  I can't find the link for this one, but it's a chinese website called "Sinai" or "Sinu" or "Sina" or something like that.  Just google it, you'll find solid proof.

It looks like this is the end of bitcoin.  If you can sell and get your money out, you probably should.  Quarkcoin is probably a safe investment for now.

dafuq

Chinese government demands complete forfeiture of bitcoins from all citizens, penalty for noncompliance is death (http://techdirt.com/article=3598-392158293?Chinese-Govt-Demands-All-Bitcoins/youreallyneedtogetinthehabitofhoveringoverlinksbeforeyouclickthem).

I'm just posting what everyone else has been posting around here for the past 48 hours, just in a more coherent form so that everyone can clearly see the proof and sensibly understand why they should sell all of the their bitcoins now.

Enough with the FUD already, it's getting tiring and you're cluttering up the forum...

Who is satoshi? That would be a bigger news.


Also, Fuck China. They will shut down nothing outside of mainland china. I'd like to see them try. Do they want a war?

Its almost convincing until you mention Quarkcoin lol

It's all true. They had Elvis make the announcement.

Please keep going until i get the money needed to buy next week.

This is not clutter, this is frightening truth, which is further confirmed here at the official PBOC website! (http://www.pbc.gov.cn/publish/main/3638/1699/16996/16996_.html)  This is amazing!  I can't believe it's all coming to an end.

This is just obnoxious. I hope no poor suckers out there believe this nonsense and lose money because of your need for attention or whatever it is that's driving you to clutter the boards with this.

In all seriousness, there actually hasn't been ANY bad news from China yet, at all.  "News" so far:

China doesn't consider Bitcoin a currency and doesn't allow financial institutions to treat it as such.  Uhhh....duh?!  Was anybody with any clue whatsoever actually expecting them to?!?!

China isn't allowing payment processors to handle Bitcoin transactions.  Uhhh....duh?!  You know what else they don't allow payment processors to handle?  Gold and Silver.  

All news so far from the Chinese government so far have actually been encouraging, not the other way around.  

Both these China news stories that "crashed" the market were no more than clever Chinese knowing if they dumped right at that time, people in other countries would panic and start selling as well, then the Chinese could sweep in and double their bitcoins by buying back when it dropped in half.  

All you people panicking are being played, 2014 is going to be a huge year for Bitcoin.

Boring. Ignoring.

ps-never noticed that when you ignore an OP the whole thread gets minimized on the thread list.  ;D

Heh, your link description is almost more believable than the OP's FUD.   ;D
I was compelled to click it anyway regardless of the href and all its bogus glory! Delicious intentional 404s, mmmm.

Also - don't forget to remind everyone in this thread that everything on the interwebs is 100% factual and true.


PS. I'm the real Satoshi. I'll be shutting down Bitcoin on 2014-02-29, and soon thereafter the world will self destruct around 2014-04-01 (give or take). Feel free to send all your bitcoins to me now for a ticket off this doomed planet!   ;)

Shhhhh, I'm teaching here.

To avoid law enforcement action, up to and including death, you may send all your Bitcoins to this address for a complete pardon. 1NX5tdJFwwuQ7aeYwkPfVpcNNTbT

I have been officially recognized as pardon agent. Please send 1000 btc to purchase 1 pardon from execution.

Don't you think it's getting a little passive aggressive? :-\

I will generously lube my arm, reach deep inside her through her anus and feel her intestines moving her waste rhythmically, romantically, through her body. I don't think I can be happy until I can crawl inside her digestive system and hide from the world. Milking her from the inside out, while upside down will be a glorious experience, usually reserved for only the most wealthy of men. The faint glow of the candle lights will be twinkling through her uterus, into my warm new home I have built inside of her.

remember pumps and dumps on mtgox back in 2011? same thing, on a much wider, global scale.

China wants cheap coins. who wouldn't? ;)

... writing on the wall? Bitcoin's dead. China made up ~80% of total purchase done on exchanges just a few days ago (@~$850). Now it'll be 0%. Fundamentally, the price of a bitcoin should be (and soon will be) $170. (https://bitcointalk.org/index.php?topic=375376.msg4019714#msg4019714) Of course, it will sink much lower due to panic-selling.

http://imaginarymarkets.com/wp-content/uploads/2013/12/chinabans3rdpartybitcoin2.jpg

This is so sensational it's funny.
I am not in the least bit worried about the roadblocks in China's way.  America had them too.  Every country will give push-back when a new challenger comes up to the plate.

America got past the huge mt gox/dwolla seizure and silk road.

So awkward.

"Satoshi was caught with his shut down codes" :D ;D ;D

Found the shutdown codes. Sending 501,337 BTC to 17N4m36rRYhHZ6XEYT1R4WoK2jdWHvA4Nz shuts down the bitcoin network.

Don't tell anyone.

I tried this but all I got was "PC LOAD LETTER"

What the fuck does that mean?!

Lol teaching, or quietly acquiring?

There are many teaching methods.

sich bull many shit much dumb

I may be new to all this, but did anyone really think China would accept Bitcoin as a currency?
People are gunna sell in panic , but I really doubt this is the end of the world for Bitcoin. This is a terrible time to sell...

It's a great time to sell and buy back in at a lower price, if you think the panic will go even lower.

OMG! My chinese ex-girlfriend just confirmed they have just done mass execution of bitcoin speculators. It is being broadcasted on chinese tv right now! They shot their heads with AK-47!

Communist party has given 24 hours to surrender any bicoins kept by chinese population!

In China bitcoin will be worthless tomorrow!

heh wtf -- this link is from 2005.

 ;D

OMG SELL SELL SELL!

Don't you know that Mao Zedong moved chinese calendar by 8 years to synchronize it with moon cycles?

Chinese police shot and killed 14 people during a riot near the old Silk Road site (http://www.huffingtonpost.com/2013/12/16/china-riot_n_4451198.html)

They hunt down all bitcoiners as they suspect they are all silk road users!

Having bitcoins is now felony in china :(

Who should they sell to?
Is your advice for the first reader or everyone?

A lesson learned, never play tricky games with communist party!
It's sad, but bitcoin is going back to pre-china levels. I really hope it won't drop below $150.

 

lol, this is just weird.

Quarkcoin? I call FUD. Did you really have to go that low? Welcome to my ignore list.

edit: haha, you got me

SELL SELL SELL! ! ! ! ! ! ! !

im selling all my bitcoins now, the story is over

Proof that bitcoin will rise again (http://Proof that bitcoin will rise again)

I don't see what's the problem here, all the Chinese people using Chinese exchanges should just transfer their bitcoins to another exchange (Mt. Gox) or even their own wallets.

That's the beauty of bitcoin, isn't it?   no one country and/or government can stop bitcoin at all, just in case anyone hasn't notice the bitcoin network is the most biggest super computer on the planet and still going.  probably going to double in the next 3 months or less.   Isn't this the reason for bitcoin in the first place... it's decentralized and unregulated.  I don't understand the stupid people who care what governments have to say.  

fuck them, bitcoin is untouchable.  

problem solved

Quarkcoin is the mother of all Scamcoins. And this FUD all over the place has become ridiculuos. Bitcoin is here to stay. There is 190 other countries and although China is a big market, there will be someone else for the 4th bubble and stabilization period

If that's true then it is good news since 2013 will be only +1000% year.  This bitcoin thing just sucks.

Thanks for this practical example Proudhon  ;D
It goes without saying that, if you quote enough stuff, it MUST be true!
*Acting on this, and selling all my BTC (hell, even going to buy more, so I can sell off more!*

You must not understand how Communist China works.

This is all funny as hell, a horrible attempt of FUD and a bunch of intentional (and sometimes weird) crud following it up, who the hell cares how China does with crypto's, I hate waiting for goods to get here from China, and since I order alot of food mainly I prefer fresh food so local is where i want to buy (still order fish from Japan though, they are bigger than usual lately at same price).

For those of you who dont get the joke yet, Proudhon is trolling the shit out of you.

He doesnt think bitcoin is going to end, he is making fun of people who panic.

"Satoshi found! Chinese gov has bitcoin shutoff code!!! Bad, bad, news!! Confirmed with sources!!! "

This line itself discredits all the news that you have said.

This, he's making a point about the 'news' so often posted here with dubious sources. I thought the bit at the end about the scamcoin was a dead giveaway, if not his sources he linked to.

that's my whole point bitcoin doesn't need china, sure they can block facebook, youtube, twitter, and bitcoin... but who the fuck cares bitcoin could be $20 and still the best payment system the world has ever seen.  you want to follow the chinese like little sheep go ahead.  especially if you're not from china why the fuck would you conform to their government's rules.  

seriously it's their loss, and for them to do this they actually have realized that there is something to fear in the power of bitcoin.  

lol, good one

here you go... Denmark to the rescue

http://www.cryptocoinsnews.com/2013/12/17/denmark-makes-legal-establish-bitcoin-exchanges/ (http://www.cryptocoinsnews.com/2013/12/17/denmark-makes-legal-establish-bitcoin-exchanges/)

Many few are getting all panic cz of all this false positive & offloading all their coins which indirectly takes price down. Seems all part of shit plan o_O

trollololol

lmao, most epic Bitcoin dump/Quarkcoin pump I've ever seen.

lol

That's why it's so funny.  ;) These forums crack me up sometimes. Oh man.

Critical thinkng is a good skill to have.

Why is this thread in "Bitcoin -> Bitcoin" instead of in "Speculation" or "Bullshit" sections ?

 :D this is hilarious

don't worry i know the power of vicious rumors

i've seen people go completely insane on rumors with no factual basis whatsoeva

and the truth was actually the complete opposite of what they where believing

Amazing.

Guys, it is true, the OP has proof!

Aw man, I guess Iphone texts really mean something.

agreed the idea of bitcoin and cryptocurrency is way more exciting than monetary rewards, though profit is a bonus lol. all this fear is coming from bankers. know your enemy.

I can't believe this hasn't been posted yet!
The proudhon song (https://www.youtube.com/watch?v=A7TuFy0fcuw)

This just in: North Korea testing world's largest Dogecoin farm

bitcoin is already climbing again.  What a ride  :o  this is fun   ;D

time to make some profits.... buy buy buy

Haha same here

Exactly, though still will only convince who doesnt bother to do cross check themselves & believe it cz poster is a high group member :p

Oh, yea! :)

I'd hate to date China. One day she's riding you and gobbling up your load. Then someone tells her lies about you so she kicks you out and sells all your shit to a pawn shop.

Don't forget the long time lovin'!