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Author Topic: So China accepting bitcorn.  (Read 2312 times)
2015Bubble (OP)
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January 20, 2016, 11:21:09 PM
 #1

Bet you feel stupid Mike Hearn dont you ?
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January 21, 2016, 08:46:19 AM
 #2

they are also creating their own coins apparently, this is soemhow good because it will increase the awareness about bitcoin, by other chinese people that were not knowing about it or too much scared to use/buy it
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January 21, 2016, 08:49:59 AM
 #3

thats a good news, if thats the case the price will rise once again.
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January 21, 2016, 09:35:51 AM
 #4

they are also creating their own coins apparently, this is soemhow good because it will increase the awareness about bitcoin, by other chinese people that were not knowing about it or too much scared to use/buy it
But isn't that bad ?
People at China will be more aware of that coins instead of Bitcoin
Thus driving the popularity more to that coin instead of bitcoin
but this should be good to introduce people to cryptocurrency and hopefully they will choose bitcoin compared to that coin china made Tongue
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January 21, 2016, 10:02:26 AM
 #5

Bet you feel stupid Mike Hearn dont you ?

Bitcorn?

We have digital food now?
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January 21, 2016, 10:15:51 AM
 #6

Bet you feel stupid Mike Hearn dont you ?

China 'accepting' Bitcoin?

That is quite a set of limbs you have pinned to the news story that China's Central Bank is creating it's own digital currency.


One conclusion that might be drawn from this story, is that China might turn around and say to it's citizens. Right, now China has it's own digital currency so there is no need for anyone to use the treacherous Western Bitcoin anymore. Any citizens found holding, trading, mining Bitcoin after July 2016, will be found guilty of treason.

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January 21, 2016, 07:50:21 PM
 #7

Bet you feel stupid Mike Hearn dont you ?

China 'accepting' Bitcoin?

That is quite a set of limbs you have pinned to the news story that China's Central Bank is creating it's own digital currency.


One conclusion that might be drawn from this story, is that China might turn around and say to it's citizens. Right, now China has it's own digital currency so there is no need for anyone to use the treacherous Western Bitcoin anymore. Any citizens found holding, trading, mining Bitcoin after July 2016, will be found guilty of treason.

That could be possible. That is my worry too.

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February 07, 2016, 03:39:55 PM
 #8

its about time, every country should do that, bitcoin is our future and nobody cant say that its not true.
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February 07, 2016, 04:01:55 PM
 #9

they are also creating their own coins apparently, this is soemhow good because it will increase the awareness about bitcoin, by other chinese people that were not knowing about it or too much scared to use/buy it
But i don't think it will be decentralized one as bank will keep it as centralized. But i think if it is centralized than more people will be intrested in decentralized digital currency and move towards bitcoin.

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February 07, 2016, 04:11:20 PM
 #10

I heard china is generating its own digital currency. This might risk china users at times. China won't ban bitcoin as more people are working for it but sure it will try to make people use their own country digital currency. This might have effect on the price of bitcoin and bitcoins growth.

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February 08, 2016, 12:01:48 PM
 #11

I heard china is generating its own digital currency. This might risk china users at times. China won't ban bitcoin as more people are working for it but sure it will try to make people use their own country digital currency. This might have effect on the price of bitcoin and bitcoins growth.
On the contrary, I think that Bitcoin WILL grow because of this. Indirectly, of course. Cryptocurrency is not stand-alone, let alone easily converted. I believe that if China uses this, many people will invest in Bitcoin and large companies will convert the Chinese digicurrency back and forth with Bitcoin for extra income. Basically, this news means more revenue and exposure for Bitcoin. (Plus, who woudn't want a much larger Bitcoin community?)
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February 08, 2016, 12:39:34 PM
 #12

Price skyrocketed because of that!!!
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February 08, 2016, 01:17:15 PM
 #13

Bet you feel stupid Mike Hearn dont you ?

Mike is getting paid by bankers now, i think it was in the deal to bash Bitcoin when he left.

Bitcoin doesn't give a shit  Cheesy
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February 08, 2016, 01:24:47 PM
 #14

I heard china is generating its own digital currency. This might risk china users at times. China won't ban bitcoin as more people are working for it but sure it will try to make people use their own country digital currency. This might have effect on the price of bitcoin and bitcoins growth.

if china really wants to force people to use their digital currency, then they can easily do so. i only think people will choose bitcoin as main currency because of the decentralized nature of bitcoin. can't see it having that much effect on the bitcoin price.
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February 08, 2016, 02:20:55 PM
 #15

Sounds more like a banking 'cashless society' than a decentralised currency.  If that's the case then they're throwing the baby out with the bathwater and it wouldn't then phase me in the slightest.



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February 08, 2016, 02:49:41 PM
 #16

I have not heard anything about China accepting bitcoin (or bitcorn), and price does not seem to reflect it... are those news for true?

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February 08, 2016, 02:52:59 PM
 #17

I thought China created a new currency and named it Bitcorn if I have not read comments.  Grin...
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February 08, 2016, 02:58:31 PM
 #18

I thought China created a new currency and named it Bitcorn if I have not read comments.  Grin...

Lol, I thought it was rice, not corn which was much appreciated in China.

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February 28, 2016, 09:26:22 AM
 #19

he should feel bad for what he said now and stupid, and with bitcoin, now that china accepts them, their price will grow more and more, we should see 500$ before halving

 
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February 28, 2016, 09:30:13 AM
 #20

Bet you feel stupid Mike Hearn dont you ?


Why you said that China accepting "bitcorn" (I think you make a misspelling and you mean "bitcoin" instead...) ....

Where you read that news? I think that market will react with a BTC GAIN of 100% in one day!
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February 28, 2016, 11:10:35 AM
 #21

Bet you feel stupid Mike Hearn dont you ?

Where is the source of this?  And btw remember they controll they mining pools so they are already into bitcoin.
BTW I think Hearn just wanted to make a statement and thi swas a legit stetement.

The blocksize is a problem and we need a solution for it.
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February 28, 2016, 12:59:10 PM
 #22

Very very good news for bitcoin, price of bitcoin will rise more and more, so time to buy and save much bitcoins as possible
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February 28, 2016, 01:02:25 PM
 #23

Bet you feel stupid Mike Hearn dont you ?

Where is the source of this?  And btw remember they controll they mining pools so they are already into bitcoin.
BTW I think Hearn just wanted to make a statement and thi swas a legit stetement.

The blocksize is a problem and we need a solution for it.

i think it is more about government legalizing bitcoin, you know some kind of regulation for bitcoin. as we all know they are already using bitcoin more than any other country.

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February 28, 2016, 05:50:41 PM
 #24

but without any official news or press article, we are talking about what?

OP could you please show where you read that China will accept "Bitcorn" (or much better "Bitcoin"?)

Or we are talking about nothing Cheesy : I give you a hint:
You can spend your btc in the paradise/even? Due the different nature from fiat currency....
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February 28, 2016, 05:57:13 PM
 #25

but without any official news or press article, we are talking about what?

OP could you please show where you read that China will accept "Bitcorn" (or much better "Bitcoin"?)

Or we are talking about nothing Cheesy : I give you a hint:
You can spend your btc in the paradise/even? Due the different nature from fiat currency....

there is no need for news link to that, mining companies already exist on China.
what else proof is needed there, they are hardware already.









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khalized
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February 28, 2016, 06:42:22 PM
 #26

but without any official news or press article, we are talking about what?

OP could you please show where you read that China will accept "Bitcorn" (or much better "Bitcoin"?)

Or we are talking about nothing Cheesy : I give you a hint:
You can spend your btc in the paradise/even? Due the different nature from fiat currency....

there is no need for news link to that, mining companies already exist on China.
what else proof is needed there, they are hardware already.

China as a nation actually doesn't have any laws about btc or maybe there is not a law that embrace btc.
This is why I talk about "official news" or press article.
If all mining activity going to antartic or polo north we can recycle this title?!?  Roll Eyes
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March 01, 2016, 07:06:47 AM
 #27

that's awesome, he should feel very dump, all of things he said was lies, and now with china, bitcoin should rise even higher than before,  i hope to atleast 600$ by end of 2016

 
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March 01, 2016, 07:25:29 AM
 #28

Bet you feel stupid Mike Hearn dont you ?


Why you said that China accepting "bitcorn" (I think you make a misspelling and you mean "bitcoin" instead...) ....

Where you read that news? I think that market will react with a BTC GAIN of 100% in one day!

I think he purposely mis-spelt bitcoin as "bitcorn".
You may want to find out more about the origin of "bitcorn":
http://www.businessinsider.com/williams-bitcoin-meltdown-10-2013-12?IR=T&r=US&IR=T
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March 01, 2016, 07:53:02 AM
 #29

They are only interested at the pump and dump for big profits, create their own coins and try to get as much money as possible. They are not really contributing for the ecosystem.
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March 01, 2016, 08:29:51 AM
 #30

They are only interested at the pump and dump for big profits, create their own coins and try to get as much money as possible. They are not really contributing for the ecosystem.

Chinese has been in bitcoin forever, they also have the largest mining farms and the largest hasrate portion of the whole network. so i don't think then accepting bitcoin is anything new.

but if they decide to do exactly what they did with litecoin to bitcoin too then we are all in for a big treat.

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March 01, 2016, 01:18:21 PM
 #31

he should feel very very bad now, and for bitcoin, that's awesome news, price will rise more and more now, because china will buy a lot of bitcoins, so price should rise
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March 07, 2016, 01:26:01 PM
 #32

They are only interested at the pump and dump for big profits, create their own coins and try to get as much money as possible. They are not really contributing for the ecosystem.

If the Chinese government creates its own currency, it can only force the Chinese people to use it. It will be an altcoin.
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March 08, 2016, 06:35:20 AM
 #33

If the government of chinese support the bitcoin then thats a mainstream for bitcoin.

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March 08, 2016, 08:29:44 AM
 #34

The Chinese exchanges started accepting fiat payments for Bitcoin months before the "Mike Hearn" stuff - and the current price DOES in fact reflect the aftershocks of the resulting BIG JUMP at the time.

 If the Chinese Government creates a digital currency, it might use some of the TECHNOLOGY from Bitcoin but it WILL NOT BE BITCOIN.

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