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Bitcoin Forum > Economy > Economics > Speculation > Predictions if Chinese Government Changes Their Stance In Next 6 Months
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Question: What will happen if China bans Bitcoin exchanges and/or BTC?  (Voting closed: December 21, 2013, 07:02:32 PM)
Market drops <25% - money flows to other exchanges - 18 (18.8%)
Market drops <50% - but still recovers quickly - 24 (25%)
Market drops >50% - ignites moderate term bear market - 29 (30.2%)
Market drops >50% - ignites long term bear market - 9 (9.4%)
Market drops >75% - ignites serious questions about Bitcions future - 16 (16.7%)
Total Voters: 96

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theonewhowaskazu
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November 23, 2013, 03:42:28 AM
 #21
Quote from: tearfereon on November 22, 2013, 09:51:52 AM
Quote from: MoonShadow on November 22, 2013, 05:58:38 AM
Quote from: Joerii on November 22, 2013, 05:51:53 AM
Well, if the Party decides to outlaw Bitcoin it would be very easy for them to block it. The Great Firewall of China would simply block the network. Much easier then killing it then it is in the rest of the world.

It would not be easy at all for them to block it.  They can't block it right now, and they know it.  Done correctly, they can't even find it.


All what is needed is close the exchanges.

Now there's no place to sell it for CNY so they keep the Bitcoins.
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windjc (OP)
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December 18, 2013, 07:20:55 AM
Last edit: December 18, 2013, 09:03:59 AM by windjc
 #22
Bumpity bump bump bump.

So does everyone who voted in this poll still AGREE with their original opinion/vote???
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December 18, 2013, 08:20:05 AM
 #23
I do
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