Bitcoin Forum

Bitcoin => Press => Topic started by: TheIrishman on April 06, 2014, 12:40:43 PM



Title: 2014-04-05 Cointelegraph - China Bans Bitcoin? Not So Fast
Post by: TheIrishman on April 06, 2014, 12:40:43 PM
China Bans Bitcoin? Not So Fast

http://cointelegraph.com/post/china_bans_bitcoin_not_so_fast (http://cointelegraph.com/post/china_bans_bitcoin_not_so_fast)

<< In recent days, the Bitcoin exchange rate has fallen yet again - by 200 US dollars, almost touching the 400-dollar mark per 1 crypto-coin. Once again, the drop was triggered by negative rumors from China, one of which was proven to be false while the remaining so far were unconfirmed. >>


Title: Re: 2014-04-05 Cointelegraph - China Bans Bitcoin? Not So Fast
Post by: bryant.coleman on April 11, 2014, 05:36:40 AM
I have a feeling that the events in China will affect Litecoin more than the Bitcoin. Because, there was a sudden jump in the BTC / LTC exchange rates during the China boom. Many of the Chinese bought Litecoins, because they thought that the Bitcoins were a bit overpriced.