What will China think as they see the price of bitcoin rise after banning it?

[maursader]

Long story short; prepare your fiat/btc now, because it's expected to rise substantially.

[luqash3]

Mr. neuroMode china will surely realize that bitcoin cannot be stopped from prospering by just placing barriers in front of it as bitcoin has the ability to break every barrier that comes in between in its success. I can see china losing at the hand of bitcoins soon.

[cbcb]

I believe only the wealthy chinese and rest of the world panic sold. I believe the chinese gov invested tons and could be hoarding BTC so they can have power over the people when they unban bitcoins.

 I can see bitcoin doing another 700% in 2014. When older folks take bitcoin more seriously we can see an amazing rise from seniors when btc gains their trust here in the U.S. in a few years.

[beetcoin]

Do the leaders secretly acquire bitcoin while making it difficult for its citizens to acquire it?

This. The powerful always look for new ways to buttfuck the weak. And they invariably LOVE doing things they forbid the masses to do.

that would make no sense.. decrease demand for BTC, all the while investing in it?

the wealthy elite in china probably don't care enough for bitcoins. they probably prefer controlling the state to make money, instead of shaking everything up.

[p2pbucks]

panic buy 

[BitThink]

1) price hasn't rise
2) China hasn't banned bitcoin

[QuestionAuthority]

I think they will say, "too bad, so sad, we no can have Bitcoin so we sell more junk to Walmart to get stupid American moneys".

[jubalix]

when btc hits 10K a coin this will be a rather public humiliation the Chinese govt is not used too, the Central govt will be seen to have tried to control something, with full central govt force only to be completely broken over the back of BTC.

Even moreso at 100K

a lot of Chinese are going be be really really upset at their govt for making hard for them to partake of this bounty.

Chinese understand one thing more than the power of the central govt and that is the power of money.

[undeadbitcoiner]

BTC China just added vouchers as a funding option: http://www.vdschagt.com/btc-china-adds-voucher-funding-option/

Vouchers that can be bought on other websites for cash.

This is good news for bitcoin world, BTCChina will again raise up, Slowly Hongkong and Singapore Government are opening Bitcoin in there country so will see new all time high again bery soon.

[jonanon]

I wouldn't have thought 'China' would think anything about this.....

[guybrushthreepwood]

BTC China just added vouchers as a funding option: http://www.vdschagt.com/btc-china-adds-voucher-funding-option/

Vouchers that can be bought on other websites for cash.

lol, How long till they ban vouchers? There's always ways around these bans.