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Author Topic: Didn't Bitcoin ban China?  (Read 2738 times)
Blues426
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June 02, 2014, 08:13:39 AM
 #41

According to official sources, the ultimate and final ban(exchanges shutdown...) is about to follow in the next few days.

I have not seen this message from any of Chinese BTC forum.
Where did you get this information?
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June 02, 2014, 01:36:17 PM
 #42

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).


Very good point. This big price oscillations are great for traders to make huge money.

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zahra4571
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June 02, 2014, 03:00:48 PM
 #43

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

So the Chinese Gov hold monopoly that affect on price until it buy all btc and for 10 or more years sell us for 100x more than current price Cheesy

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June 02, 2014, 03:04:55 PM
 #44

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

So the Chinese Gov hold monopoly that affect on price until it buy all btc and for 10 or more years sell us for 100x more than current price Cheesy

They cant buy all the bitcoins, i know they cant buy from me. And many other members. Its not that simple.

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June 02, 2014, 03:09:45 PM
 #45

According to official sources, the ultimate and final ban(exchanges shutdown...) is about to follow in the next few days.

I have not seen this message from any of Chinese BTC forum.
Where did you get this information?
LOL, don't listen to stuff you hear at these forums. If anyone is seriously still trading base on rumors in the bitcoin community then you deserve to be panicked out of your "investment". 

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June 02, 2014, 03:40:06 PM
 #46

According to official sources, the ultimate and final ban(exchanges shutdown...) is about to follow in the next few days.

I have not seen this message from any of Chinese BTC forum.
Where did you get this information?
LOL, don't listen to stuff you hear at these forums. If anyone is seriously still trading base on rumors in the bitcoin community then you deserve to be panicked out of your "investment". 

What I am asking is "where did you get the information (Chinese exchanges shutdown in the next few days)?"
I did not see it from Chinese BTC forum, so I am quite curious about your information source.
But that does not mean my investment is based on "rumors" from Chinese BTC forums.
That should be a simple logic, isn't it?
If you could not provide the "official sources" or prove it, obviously you are saying "rumors"!

Btw, each forums has "rumors" about something, that's for sure.
Apart from that, Chinese BTC forums also have many logical and thoughtful analysis on BTC price trend and future. Those made by very clever guys and quite valuable.
I do not expect you to be able to read those Chinese articles, but please do not prejudge something you do not understand.


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June 02, 2014, 03:52:23 PM
 #47

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

So the Chinese Gov hold monopoly that affect on price until it buy all btc and for 10 or more years sell us for 100x more than current price Cheesy

BTC price is based on the public recognition and confidence.
If China has a monopoly on BTC market, I believe people would go to other altcoin (LTC or something else).
BTC will be worthless and, Chinese Gov gain nothing from it.
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June 02, 2014, 03:55:46 PM
 #48

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

So the Chinese Gov hold monopoly that affect on price until it buy all btc and for 10 or more years sell us for 100x more than current price Cheesy

BTC price is based on the public recognition and confidence.
If China has a monopoly on BTC market, I believe people would go to other altcoin (LTC or something else).
BTC will be worthless and, Chinese Gov gain nothing from it.

Correct , except one part , if bitcoin gets worthless other altcoins will become worthless to, or they will do the same with them. So... Idk my head hurts when i even think about all possible scenarios Cheesy

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June 02, 2014, 05:58:39 PM
 #49

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

So the Chinese Gov hold monopoly that affect on price until it buy all btc and for 10 or more years sell us for 100x more than current price Cheesy

They cant buy all the bitcoins, i know they cant buy from me. And many other members. Its not that simple.
What about they give you an offer you cant refuse? Cheesy

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June 02, 2014, 09:10:44 PM
 #50

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

So the Chinese Gov hold monopoly that affect on price until it buy all btc and for 10 or more years sell us for 100x more than current price Cheesy

They cant buy all the bitcoins, i know they cant buy from me. And many other members. Its not that simple.
What about they give you an offer you cant refuse? Cheesy

Hehe Cheesy . Maybe but that offer will need to be 100k$ cash Smiley .

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zahra4571
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June 03, 2014, 03:50:12 PM
 #51

We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

So the Chinese Gov hold monopoly that affect on price until it buy all btc and for 10 or more years sell us for 100x more than current price Cheesy

They cant buy all the bitcoins, i know they cant buy from me. And many other members. Its not that simple.
What about they give you an offer you cant refuse? Cheesy

Hehe Cheesy . Maybe but that offer will need to be 100k$ cash Smiley .
Their economy growing up fast, that would be nothing for them.

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