Bitcoin Isn't Really Banned in China—and It's Quickly Gaining Ground

[pdawg]

Bobby Lee on clarifying where bitcoin stands in China...

http://www.businessweek.com/articles/2014-03-20/btc-chinas-bobby-lee-bitcoin-isnt-really-banned-in-china-and-its-quickly-gaining-ground

[podyx]

LOL @ the picture

its like some journalist caught him barehanded buying bitcoin and hes like "oh no, im not buying bitcoin at all!"

[S4VV4S]

This is how much Bitcoin stands in China: http://fiatleak.com/     

[ManeBjorn]

Thats and interesting chart.

This is how much Bitcoin stands in China: http://fiatleak.com/     

[pdawg]

This is how much Bitcoin stands in China: http://fiatleak.com/     

I love that chart.  a picture says a thousand btc

[countryfree]

As long as there will be strict capital controls in China, many people will love BTC there. The worst thing China could do to BTC would be to remove all barriers to buying foreign currencies.

[Twilight_Sparkle]

All fiatleak shows though is that there is a lot of tradeing going on at china exchanges. Not a bad way of showing interest, but It would be nice to see how many Chinese are keeping bitcoins instead of CNY.

[franky1]

those that dont read media stories but instead find the true source of the information.. learned that china never banned bitcoins.. about half an hour after the news propaganda'd the story that it was banned..

[WildWes]

Guys, I posted on another post about this.  Is everyone completely stoned?  I see a bunch of lemmings with glasses on of course, staring into the open sky because it is a giant LED Screen built by BTC China and the lemmings are regarding a digital fairy waving her index finger, calling them to come, come, come....."we must send bitcoins to BTC China - ooooo 0% trading fees --- ooooo"

When they arrive, they are robbed, beaten and left for dead.  And the screen is turned off.

This is China fellas.  No facebook, no reddit.  0% trading fees will soon be made -1% trading fees and you will get paid to trade!  Then in one swift click of a button your coins will be seized by the Chinese Government and the Lee brothers will vanish - * POOF *

You have already seen the $200+ price positive on Gox, for a bankrupt institution that everyone was familiar with yet the price was a net gainer amongst exchanges, not a loser....backwards.  So is China BTC's 0% trading fee.  Man BTC is never going to make it until we get rid of the mindless lemmings.

[ManeBjorn]

Very good observation.

Guys, I posted on another post about this.  Is everyone completely stoned?  I see a bunch of lemmings with glasses on of course, staring into the open sky because it is a giant LED Screen built by BTC China and the lemmings are regarding a digital fairy waving her index finger, calling them to come, come, come....."we must send bitcoins to BTC China - ooooo 0% trading fees --- ooooo"

When they arrive, they are robbed, beaten and left for dead.  And the screen is turned off.

This is China fellas.  No facebook, no reddit.  0% trading fees will soon be made -1% trading fees and you will get paid to trade!  Then in one swift click of a button your coins will be seized by the Chinese Government and the Lee brothers will vanish - * POOF *

You have already seen the $200+ price positive on Gox, for a bankrupt institution that everyone was familiar with yet the price was a net gainer amongst exchanges, not a loser....backwards.  So is China BTC's 0% trading fee.  Man BTC is never going to make it until we get rid of the mindless lemmings.