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1  Bitcoin / Press / Re: [2013-12-05]China Bans Financial Companies From Bitcoin Transactions on: December 05, 2013, 10:13:59 AM
Now bouncing down to 860 ...This thing is super volatile.  What would be considered a major crash? Halving the value is one of the 4 crashes BC has had from what I read. But it bounces back up quickly.
This indicates that trading is done very quickly but from what I've read here it takes days to make a trade?
2  Bitcoin / Press / Re: [2013-12-05]China Bans Financial Companies From Bitcoin Transactions on: December 05, 2013, 10:05:40 AM
Wow. I am a complete newbie here but this looks to me like a crash happening right now.
From a price of $1200 yesterday it is now bouncing wildly between $920 and 945.
3  Bitcoin / Press / Re: [2013-12-05]China Bans Financial Companies From Bitcoin Transactions on: December 05, 2013, 09:53:51 AM
Could it be that the Chinese gov. is worried that bitcoin will take away their tight controls over every aspect of the peoples life.  
Freedom for the people! I can see how the Chinese people will love bitcoin. For one, it can be used as a very volatile (risky and potentially profitable) speculation tool. Secondly, it isn't controlled by any big company either government controlled or government influenced. Which means it has a certain amount of political freedom. I don't know. I am guessing. Am I right?
4  Other / Beginners & Help / Re: Whitelist Requests (Want out of here?) on: December 05, 2013, 03:28:45 AM
Wow!  So many pages of posts from people wanting to be whitelisted. Well I'll add my bit here too as it seems to be the place to add a fairly meaningless post (mine that is) just for my number of posts to increase by one!
Can I be whitelisted please?  My reason is that if I see some interesting stuff in the other areas I'd like to be able to comment, ask questions, etc. I promise I won't be nasty, I will respect all the others here and behave in an appropriate manner!
Thanks
Matt
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