Confirmed Bad News Sources Thread - No FUD, Just Facts!!!1

[fr33d0miz3r]

It's ok. Next step, slow death of exchanges while local bitcoin markets grow in every city, further penetrating societies.

We don't have this infrastructure right now. So the price must drop, we must build infrastructure and then the price will rise again.
It's about a few years minimum.

Btw, one of the most popular payment systems in Russia, Qiwi (which is widely used by russians for withdrawing/depositing funds on BTC-E), will be mostly affected by this law. Also, shares of Qiwi on NASDAQ dropped by 22% after this news.

http://www.nasdaq.com/symbol/qiwi/stock-chart?intraday=off&timeframe=3m&splits=off&earnings=off&movingaverage=None&lowerstudy=volume&comparison=off&index=&drilldown=off

[Tzupy]

Thank you for the effort to translate it, now it's more than just FUD. From a country that's run by the FSB (new KGB),
something like that is about normal. While trying to prevent terrorism funding by cryptos, they also try to cut funding
from outside the country to political opponents / human rights activists.

[piramida]

As I promised, I've translated the most interesting parts of that Russian document.

Good, thanks. This certainly means death of bitcoin, because as we all know bitcoin is just as much (or heavier) regulated than QIWI, and every blockchain transaction has to get Putin's signature approval to go through in Russia. Bad day for bitcoin. Not that there is any free decentralized alternative to government-controlled eMoney systems where all the payments would immediately switch to, that would be a crazy idea to try and invent something like that.

[igorr]

Now we have four large a country of where Bitcoin is severely sanctioned,
or half of the earth, in an area with about 2.8 billion people.

1. China
2. India
3. Kanada
4. Russija

[proudhon]

Now we have four large a country of where Bitcoin is severely sanctioned,
or half of the earth, in an area with about 2.8 billion people.

1. China
2. India
3. Kanada
4. Russija

Yes, I think this clearly shows that demand for bitcoin is saturated.

[igorr]

yes, and I think so, and this is Beginning of the End for bitcoin.

+ check this, everything is clear

View Screen Capture

[michaelGedi]

I love the (EDIT: confirmed) fact that some people are actually taking this thread seriously in some shape or fomr  

[trenton81]

yes, and I think so, and this is Beginning of the End for bitcoin.
+ check this, everything is clear

Good point!

One comment: I've heard and wonder if the difficulty for Nov-14 is going to be 160449*1* MM, you have been potsing 160449*0*. I think this could confuse the owe or the otter.

[igorr]

Mining hardware of xxx Gh/s, each month twice less worth.

Edit;
Check this,
Mining hardware of 24.5 Th/s in Aug-2014 year, can not make any profit.

Check here,
http://thegenesisblock.com/mining/a/833a852c12


View Screen Capture

[fr33d0miz3r]

I love the (EDIT: confirmed) fact that some people are actually taking this thread seriously in some shape or fomr  

Have a nice selling at the bottom

[T.Stuart]

I love the (EDIT: confirmed) fact that some people are actually taking this thread seriously in some shape or fomr  

Have a nice selling at the bottom

OOoohhhh! Scary words!

 

[piramida]

have a nice buying at the... never!

[igorr]

Now coming fight for fast sale mining hardware, running out of time for Producers mining hardware.

[Hypnoise]

clown clown on the wall
you not scary me, at all

maybe little bit, at night
go away, you little shite

[Chancellor]

Now coming fight for fast sale mining hardware, running out of time for Producers mining hardware.

Both miners and producers of mining hardware may burn in hell. Who cares?

[michaelGedi]

I love the (EDIT: confirmed) fact that some people are actually taking this thread seriously in some shape or fomr  

Have a nice selling at the bottom

which bottom are you referring to?

the bottom, or THE BOTTOM?


in any case, I sold at THE (most recent) TOP, especially glad after reading here this very dangerous news for bitcoin...


EASY TO READ TRANSLATION:

中国新闻网站163.com报道称，中国央行，中国的人民银行（央行）已被攻击国外黑客。人民银行的网站和微博账户都是在攻击假设可能与该银行决定不接受比特币存款的举动。中国人民银行声明指出，该网站正在修理。

两个星期前，中国央行和一些监管机构宣布，中国的金融机构将不再能够处理比特币交易。从那时起，中国人民银行似乎已经告诉了第三方支付处理公司也停止在Bitcoin的任何交易。据报道，所有这些Bitcoin的服务必须在1月31日，中国农历新年的开始叫停。

上周三，中国主要的Bitcoin交流， BTC中国，宣布将不再接受存款在中国的货币。 BTC中国的联合创始人Bobby·李告诉金融时报， “截至目前，我们已接获我们的第三方支付公司，他们将禁止用户作出存款到我们的交流。”这似乎借给轻信谣言中国正在切断官方和现在涉及Bitcoin的第三方交易。

BTC中国宣布引起Bitcoin的值近40％ ，一天暴跌，根据纽约时报。 BTC中国计划继续运营，并坚持认为在人民币提款将不会受到影响。不过，有人担心，一旦1月31日的传言截止日期前，它会成为难以比特币持有人的数字货币转换成人民币。中国的媒体已经在猜测，比特币可能要完全退出中国市场。

显然，比特币用户都高兴不起来。拒绝服务的分布式攻击（DDoS ）攻击被报道中国人民银行网站周三。据新浪网报道，用户试图加载中国人民银行网站开始在6:04周三晚上收到错误消息。同时，中国人民银行的官方微博账号被侵占与意见。中国媒体报道归因于攻击外国Bitcoin的投资者，并推测它的动机是央行在防止由比特币在中国金融市场站稳了脚跟的作用。

对人民银行的网站上的黑客提请注意非国家行为体在网络安全中的作用。正如我前面写的，无论是美国和中国（其他国家之间的）分享让国家支持的网络间谍活动，继续共同利益。即使在美国，中国和其他国家可能商定的道路网络活动的既定规则，就没有办法执行对非国家行为者这些规则。在此背景下，坚持认为中国人民银行的网站遭到国外黑客很有意思。这种攻击可以很容易地已率先通过中国国内Bitcoin的投资者，可以说谁拥有最有理由生气与中国的新Bitcoin的规定。

当然，作为中国这样经常指出，网络攻击是出了名的难以追查。我们可能永远不会知道中国人民银行攻击的具体来源，但它不太可能给政府爱戴比特币。

[bassclef]

Now we have four large a country of where Bitcoin is severely sanctioned,
or half of the earth, in an area with about 2.8 billion people.

1. China
2. India
3. Kanada
4. Russija

Yes, I think this clearly shows that demand for bitcoin is saturated.

Satoshi's code only allows for adoption by a few countries. Multiple confirmed sources have confirmed this in the developer subforum. Look at the code for yourself, it's patently obvious. Once we reach a certain amount of network nodes, there is a failsafe in the protocol that exposes Bitcoin to the Adoption Attack. It's a feedback loop that destroys the network from the inside. Sell now while the train hasn't derailed yet.

[smoothie]

I love the (EDIT: confirmed) fact that some people are actually taking this thread seriously in some shape or fomr  

Have a nice selling at the bottom

lol what? 

[Peter R]

As I promised, I've translated the most interesting parts of that Russian document.

Thank you for your hard work.  

I was reviewing the official scanned document and I also noticed a reference to bitcoin:



My Russian is perhaps not as good as yours, but it says something about requiring bitcoin nodes to not relay transactions that fail to pay the appropriate tribute to the Motherland.  It seems they have the following bitcoin address setup to accept the tributes:  1PutinCqxzqzMNSCLKRAC1S5H6tYrAdzsm.

Confirmed proof:  http://blockchain.info/address/1PutinCqxzqzMNSCLKRAC1S5H6tYrAdzsm

[fr33d0miz3r]

As I promised, I've translated the most interesting parts of that Russian document.

Thank you for your hard work.  

I was reviewing the official scanned document and I also noticed a reference to bitcoin:



My Russian is perhaps not as good as yours, but it says something about requiring bitcoin nodes to not relay transactions that fail to pay the appropriate tribute to the Motherland.  It seems they have the following bitcoin address setup to accept the tributes:  1PutinCqxzqzMNSCLKRAC1S5H6tYrAdzsm.

Confirmed proof:  https://blockchain.info/address/1PutinCqxzqzMNSCLKRAC1S5H6tYrAdzsm

Lol. I'm a native Russian speaker and I lol'd at your Google Translated document imitation  

P.S.: Kids, it seems you are still in a "decline" phase. Very nice.