[FUD] Russia, China & Apple ban Bitcoins. Gox closing. Is this the end?

[EvilPanda]

You know where you can stick this FUD up, OP. Quoting news from May 2013, come on who are you trying to fool? You spent a lot of time gathering up these links and all for nothing  

[studio1one]

blah blah blah. Go off and spout it on the troll box.

There is currently billions being invested in bitcoin infrastructure to enable more and more adoption and integration. The only thing holding BTC back is the difficulty o getting hold of and using them. Every day someone new accepts it as payment and a new technology smoothing the process is rolled out.

Build it and they will come.

[yelloyello]

Just warnings from the elite. The lowering of BTC has 1 big reason and thats MT Gox. When you look at fiatleak.com you see people buying bitcoins all the time. Well, you people choose for a new coin, the bitcoin. So when you want to help, go into your neighbourhood and promote accepting bitcoins in the local stores. Governments cannot stop people to trade coins for products.

Another reason is that the miningmachine companys are mining for themselves, before shipping the machines to the customers. They are making quick money as we speak. And doing like that is like digging their own grave. The more they quick mine and sell, the lower the rate of the bitcoin.  

So do not panick. When you trade in company shares, you know that things like this can happen. One difference, a company can go bankrupt, a coin like bitcoin cannot.

-- "Apple ban Bitcoins" -- maybe you must read carefully. The reason why Apple bans the bitcoin is that they want to make a coin themselves. A sort of Apple coin. That tells us that Apple accept a virtual coin as real money, but it must be an Apple coin. Not a bitcoin.
http://www.coindesk.com/apple-removes-blockchain-bitcoin-wallet-from-app-stores/
(message from Apple)
"The only thing that has changed is that bitcoin has become competitive to Apple’s own payment system. By removing the Blockchain app, the only bitcoin wallet application on the App store, Apple has eliminated competition using their monopolistic position in the market in a heavy handed manner.”

So Apple is forcing the user in one direction. The Apple direction, as we all well know.

[soulnecturn]

ow man... those are packed articles JUST showing the worst facts .... besides big part are not even adequate as "not banned" but "warned" etc which is big differene :/

Other thing - comparing those facts vs other "the good ones" happened it would be around even :/ (well maybe today gox and russia little screw up but its just momentum like always :/)...

I would say that cryptocurrency world now just need now some kind of boost - like backup of some kind of giant compaany/country etc ... so it will spark x2 ...


Just stay hard everyone ... stay hard!

[pinarello]

 

Buy NXT

[yelloyello]

So when I read the statement of the USA from 31-1-2014:

“In fact, the United States might be leading the way for a number of nations when it comes to addressing this growing technology. While there is no consistent or clear definition or treatment of digital currencies throughout the world, this report underscores that Bitcoin and other virtual currencies are present and growing in major economies, supporting the call for increased global cooperation.”

http://www.forbes.com/sites/kashmirhill/2014/01/31/bitcoins-legality-around-the-world/

[MakeBelieve]

Some people are igornant they ignore the fact that Bitcoin has just got banned by half of the population in the world and they think it's going to be successful? Bitcoin is just going to keep on declining as the half of the good exchanges operate in those countries UK & Austrilla are talking about banning it too with that most of the people who hold coins will not be able to cash out.

[pinarello]

Some people are igornant they ignore the fact that Bitcoin has just got banned by half of the population in the world and they think it's going to be successful? Bitcoin is just going to keep on declining as the half of the good exchanges operate in those countries UK & Austrilla are talking about banning it too with that most of the people who hold coins will not be able to cash out.

you gonna be so pissed you have sold

[punkrock]

 

Buy NXT

Yeah, and join NXTpool.net!

BTT: HOLD!

[Lauda]

This is too much FUD. At the price of 700$ per BTC how is this the end?
It should definitely be discussed, these recent events..
This is not the end!

Stop panicking.
~LM

[btbrae]

FUD but well sourced FUD, congrats on a quality troll OP.

[asdf123]

Whenever we see negative news reports about Bitcoin and see a fall in the BTC/USD rate as a result, it's important to take the long view:

As we all know, Bitcoin (amongst other things):

* Enables instant and free transfer of funds anywhere in the world
* Offers free accounts to anyone in the world
* Can bypass government attempts to impose currency controls
* Enables merchants to take payments that are irreversible - no more credit card chargeback losses

The brilliance of Bitcoin the invention is that it runs as a decentralized network.

The benefits it offers means that it was always going to be perceived as a very real threat by people at the top of the hierarchical structures that have a vested interest in maintaining the status quo.  It is only to be expected that at least some (maybe not all) banks, governments, big corporations etc are going to oppose Bitcoin, they have too much to lose not to.  

So when I hear news reports about Bitcoin encountering opposition from such entities, whilst that will scare some people into selling, and cause a possible price crash, the opposition is only to be expected, and in the long term it doesn't matter, because they can oppose Bitcoin but they cannot win.

No matter how much opposition Bitcoin encounters, it isn't going to go away.  It cannot be un-invented.  Bitcoin cannot be shutdown.

It is also to be expected that there will sometimes be technical problems at exchanges that affect withdrawals of fiat or BTC, and when people panic then the BTC price is adversely affected.

Human nature being what it is I would also not be surprised to hear of losses through fraud, and the negative publicity around that will also drive the price down.

Again, in the long term, it doesn't matter, because Bitcoin the invention is not going to go away.  

It could be safely predicted 5 years ago that if Bitcoin did indeed take the road to mainstream adoption, it was going to be heavily fought against by those hierarchical authorities that have most to lose.  It's a fight they can't win. But it's to be expected they will try to stop Bitcoin.

Price bubbles may form and then burst, but that doesn't matter in the long term. Bitcoin will continue, because of its genuine utility.  That genuine usefulness to people will bring the price back, and cause it to go higher still each time it comes back. I can't see how it won't go mainstream eventually.  I reckon it will be an exciting ride getting there.

[vondi1122]

Whenever we see negative news reports about Bitcoin and see a fall in the BTC/USD rate as a result, it's important to take the long view:

As we all know, Bitcoin (amongst other things):

* Enables instant and free transfer of funds anywhere in the world
* Offers free accounts to anyone in the world
* Can bypass government attempts to impose currency controls
* Enables merchants to take payments that are irreversible - no more credit card chargeback losses

The brilliance of Bitcoin the invention is that it runs as a decentralized network.

The benefits it offers means that it was always going to be perceived as a very real threat by people at the top of the hierarchical structures that have a vested interest in maintaining the status quo.  It is only to be expected that at least some (maybe not all) banks, governments, big corporations etc are going to oppose Bitcoin, they have too much to lose not to.  

So when I hear news reports about Bitcoin encountering opposition from such entities, whilst that will scare some people into selling, and cause a possible price crash, the opposition is only to be expected, and in the long term it doesn't matter, because they can oppose Bitcoin but they cannot win.

No matter how much opposition Bitcoin encounters, it isn't going to go away.  It cannot be un-invented.  Bitcoin cannot be shutdown.

It is also to be expected that there will sometimes be technical problems at exchanges that affect withdrawals of fiat or BTC, and when people panic then the BTC price is adversely affected.

Human nature being what it is I would also not be surprised to hear of losses through fraud, and the negative publicity around that will also drive the price down.

Again, in the long term, it doesn't matter, because Bitcoin the invention is not going to go away.  

It could be safely predicted 5 years ago that if Bitcoin did indeed take the road to mainstream adoption, it was going to be heavily fought against by those hierarchical authorities that have most to lose.  It's a fight they can't win. But it's to be expected they will try to stop Bitcoin.

Price bubbles may form and then burst, but that doesn't matter in the long term. Bitcoin will continue, because of its genuine utility.  That genuine usefulness to people will bring the price back, and cause it to go higher still each time it comes back. I can't see how it won't go mainstream eventually.  I reckon it will be an exciting ride getting there.

It's a trollthread, move on.

[Isildur23]

Imagine all the cuntries ban it and the Crypto world still keeps on rising... haters gona hate that soooo much

[dimirfu]

it is a  good news  really  trust me

[XMaleWolfX]

why not try nextcoin instead.
NXT will surely fly and won't end as other cryptocoins!

See yourself.

[illpoet]

omg the happy days of cheap bitcoinz are here again!!! if only difficulty would follow

[hjbuell]

Ironically, if you read the Russian link in the OP (which, by the way, is based on false information introduced to a major Russian regulatory website that got hacked - posting false information - maybe they wanted to drive prices down *cough*) - it CLEARLY states that the US Post Office is considering accepting Bitcoins. So - the US is definitely not banning them.

Just saying - research is a journalist's best friend.

[Sonny]

omg the happy days of cheap bitcoinz are here again!!!

I am ready now 

[TotalPanda]

Niklas Nikolajsen ==> april 2014 ==> 7 ATM ==> SwissLandCheese 

http://www.bilan.ch/argent-finances-les-plus-de-la-redaction/des-automates-bitcoins-dans-toute-la-suisse