It's confirmed. I'm reading the ruling on the PBOC website right now.
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I think we will see a steady climb back to 900 once the dust has settled, followed by a several week long bear market.
Then were back in rally territory. Wall street money this time!
Oh, I'm sure we'll see rally territory at some point. But "several week long bear market" can range from 2 weeks (b(e)arely worth selling your coins) to ~6 month (like in 2011 -- when many people lost hope and gave up on Bitcoin). That's why it matters how long it'll last. Bitcoin is dead. Once and for all. The third time now. This means we should lose 3x more hope than 2011 This. Unfortunately, I'll be forced to double my bitcoins... again! Ugh!
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Sorry, I won't believe this until I see some Chinese characters with poorly written English text translation plus bullet points and some words in bold.
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Do I understand this correctly - china doesn't hate Bitcoin it classes it as a virtual commodity rather than a currency, the recent moves to restrict 3rd party payment providers is to better guard against money laundering in that money must move from only Chinese accounts into Bitcoin exchanges and visa versa.
I'm not sure. The only thing I'm sure of is something something, sources, sources, ban, China, government, banks, sources, sources, bitcoin, sources, illegal. Therefore, sell.
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URGENT NEWS: Satoshi nakamoto is actually snowden!!
Um, proof in Chinese, or I can't believe it. 證明 Wow! I simply had no idea!
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What? I don't understand? Can you read Chinese? If not, they why don't you believe me!!! Just look at those websites for proof (if you don't read Chinese).
why you are acting like idiot? Aaaaaaaaaand, I rest my case.
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URGENT NEWS: Satoshi nakamoto is actually snowden!!
Um, proof in Chinese, or I can't believe it.
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Stop buying guys!!! More proof of imminent bitcoin shutdown here. Headline Translation: China announces imminent shutdown of bitcoin network with codes taken from detained Satoshi Nakamoto. Declares bitcoin global economic virus. you seriously need to stop, news don't know about ignore. On other notes. I thought 1k was June 2014 territory Bitcoin is a honey badger. What? I don't understand? Can you read Chinese? If not, they why don't you believe me!!! Just look at those websites for proof (if you don't read Chinese).
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And let me show you something by quoting myself! Stop buying guys!!! More proof of imminent bitcoin shutdown here. Headline Translation: China announces imminent shutdown of bitcoin network with codes taken from detained Satoshi Nakamoto. Declares bitcoin global economic virus.If what my sources demonstrate isn't true, why would I bold those things? Why!?
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Stop buying guys!!! More proof of imminent bitcoin shutdown here. Headline Translation: China announces imminent shutdown of bitcoin network with codes taken from detained Satoshi Nakamoto. Declares bitcoin global economic virus.
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More proof!!! Get out while you can!!!
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I'm telling you guys, check the sources. People are posting fake google translations of the source article quoting the true sources. We're screwed. Coindesk will be posting an article soon.
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http://china.dwnews.com/news/2013-12-16/59357811.htmlO M G ! ! ! TL;DR Translation: Satoshi Nakamoto located and apprehended by Chinese government. Was carrying emergency bitcoin shutoff code. Chinese government plans to use code to shutdown bitcoin network. Satoshi charged with criminal economic disruption. Coindesk is getting ready to publish an article corroborating this news from internal sources. This is the end guys. fake...? (1) I checked the sources. (2) The sources are true. (3) This is bad. (4) Lists. (5) Proof
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http://china.dwnews.com/news/2013-12-16/59357811.htmlO M G ! ! ! TL;DR Translation: Satoshi Nakamoto located and apprehended by Chinese government. Was carrying emergency bitcoin shutoff code. Chinese government plans to use code to shutdown bitcoin network. Satoshi charged with criminal economic disruption. Coindesk is getting ready to publish an article corroborating this news from internal sources. This is the end guys. THATS BAD NEWS!!! SHIT!!! If you don't read Chinese, click the link. You'll see some Chinese writing. Also, I mentioned "sources". This is undeniable. Tell your friends. Sell your bitcoins.
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http://china.dwnews.com/news/2013-12-16/59357811.htmlO M G ! ! ! TL;DR Translation: Satoshi Nakamoto located and apprehended by Chinese government. Was carrying emergency bitcoin shutoff code. Chinese government plans to use code to shutdown bitcoin network. Satoshi charged with criminal economic disruption. Coindesk is getting ready to publish an article corroborating this news from internal sources. This is the end guys.
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I still haven't been able to figure out what's going on. All I see are sources. Sources everywhere. All referencing sources. I can't decide if I'm supposed to sell all my bitcoins or HL3 is coming out tomorrow. I'm so confused. Help!
hahahahahaha! lol yes! i know! wtf right HELP! hahahahaha! BRB, checking to see if HL3 is out...
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I still haven't been able to figure out what's going on. All I see are sources. Sources everywhere. All referencing sources. I can't decide if I'm supposed to sell all my bitcoins or HL3 is coming out tomorrow. I'm so confused. Help!
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