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Author Topic: So China accepting bitcorn.  (Read 2311 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?
MatTheCat
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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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BruceLee007
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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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