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Author Topic: Evidence:China WILL not ban bitcoin!! 20 March 2014  (Read 513 times)
Sawadekub
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March 30, 2014, 12:23:33 PM
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evidence..20 CEO said...

and 21st dumb assholes believe some reporter from sina LOL! then bank of china said they did not ban but regulate it with some rules..

then 27th march dumb stupid ass holes believe reporter from caixin

LOL!!!!!!! are u guys stupid? reporter VS RICH FK FAT CEO? whoes telling the truth? WAKE UP!!!+

bobby lee said on bloomberg TV! no wonder i earn so much.. since there are yin and yang.. there are also smart and stupid people.. well the smart one is me of course =) my bitcoins increased  =)



read this

http://www.businessweek.com/articles/2014-03-20/btc-chinas-bobby-lee-bitcoin-isnt-really-banned-in-china-and-its-quickly-gaining-ground
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zhangweiwu
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March 30, 2014, 12:35:26 PM
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evidence..20 CEO said...

and 21st dumb assholes believe some reporter from sina LOL! then bank of china said they did not ban but regulate it with some rules..

then 27th march dumb stupid ass holes believe reporter from caixin

LOL!!!!!!! are u guys stupid? reporter VS RICH FK FAT CEO? whoes telling the truth? WAKE UP!!!+

bobby lee said on bloomberg TV! no wonder i earn so much.. since there are yin and yang.. there are also smart and stupid people.. well the smart one is me of course =) my bitcoins increased  =)

read this

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


Now stop insult our intelligence by putting a lot of exclaimation mark and "LOL" everywhere. I hope there is a troll tamer in this sub-forum. I write the following for others who might be misguided.

Sina is a news-feed, people don't really seriously source them. Its report carries no weight here. Caixin's record has been clearner than most other financial media in this country (excluding HK). Bobby Lee's record is empty, untested, and he has a stake (i.e. tends to be biased). What remain questionable is, since Caixin confirmed the order exists, why it is not executed or press-released. The market price indicate that people expect a high chance the orders to be executed some time in the future - even if not 15th, the intention of the master is revealed. (Yes, the word 'master' is used to contrast 'slave', helps you grasp an idea of China fast.) 99% of the time, the market knows more than you do, i.e. market price contain all information available. Remember when price in MtGox meant odds being 3 to 1 that MtGox go insolvent? A lot are saying like you do, that there are no solid proof of MtGox's problem, and MtGox CEO says it is okay. It turns out the (information contained in the price of) market was right, those who bet against it, wrong.

If the order is executed, it means game-over for most Chinese exchanges, no one would remember Bobby Lee's lousy prediction. If the order is not executed, Bobby Lee gets reputation. You would have one choice only, if you put on his shoes.

Do you remember the smart salesman who sell life-protecting amulet on a ship in peril? If the ship sinks, who will go after him for a refund? And note the fact that the market responded nothing to Bobby Lee's speech.


P.S. You misquoted "People's Bank of China" to "Bank of China". They are very different.

My (old) column about Bitcoin & China: http://bitcoinblog.de/tag/zhangweiwuengl/
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