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pinksheep (OP)
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April 15, 2014, 12:59:04 PM |
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The 15th is almost over in China; anyone know if the expected bans came into force?
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jparsley
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April 15, 2014, 01:14:49 PM |
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I think the sellers are done selling their btc, lets see whats happens in next 3 days
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please unban me.
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Lamber
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Activity: 75
Merit: 10
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April 15, 2014, 01:25:34 PM |
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china has not banned BTC, that is why price is going up.
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dogechode
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April 15, 2014, 01:37:18 PM |
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China never "banned" bitcoin. That's largely BS that was spread by people trying to short sell BTC. China did make rules about banks not investing in BTC and I believe they are not allowed to denominate depositor's accounts in BTC.
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giantblckdld
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April 15, 2014, 01:41:36 PM |
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The 15th is almost over in China; anyone know if the expected bans came into force?
There is no ban. http://www.coindesk.com/pboc-deadline-day-business-usual-btc-china/There are three important points to remember in this series of events: firstly, despite some stating otherwise, China has not ‘banned bitcoin‘.
Secondly, any leaked opinions so far referred to funding bitcoin exchange accounts through bank deposits. Bank accounts were never in danger of being frozen, and the ability to withdraw funds from exchanges to bank accounts was not in question. Chinese exchanges also work with multiple banks at a time, with the ability to transfer funds between them.
Thirdly, and most significantly, all reports from China concerning banks and bitcoin exchanges so far are unofficial. To date there has been no ruling or policy statement by the People’s Bank of China on the matter, and any actions taken by Chinese banks were precautionary only.
“We’re still fully holding all customer assets, I want to emphasize that,” Lee continued.So yeah nothing special today... |
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jparsley
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April 15, 2014, 02:17:54 PM |
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So all the news did was to bring btc price down so they could buy cheap btc
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please unban me.
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myBtcNow
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Activity: 3
Merit: 0
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April 15, 2014, 02:30:14 PM |
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Everything looks like a pump& dump. First there were rumours of the blanket ban on BTC in china on the 15th as the deadline
However, as the deadline has come passed with no difference, the prices have started moving back to where it was before the big dump
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Soappa
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April 15, 2014, 03:06:12 PM |
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What happened? Simple.
1. China hasn't banned bitcoin, as expected.
2. Those spreading FUDs bought some cheap bitcoin.
3. Bitcoin price went back up.
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Kiki112
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April 15, 2014, 07:15:46 PM |
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there is no ban, the ban is just a rumour
only banks are not allowed to trade in bitcoin..
unfortunately but yes that's it..
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apsvinet
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April 15, 2014, 09:34:23 PM |
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there is no ban, the ban is just a rumour
only banks are not allowed to trade in bitcoin..
unfortunately but yes that's it..
This wasn't unexpected though, from a country like China. But yeah, the ban was rumors made up by ordinary people. Glad we got it out of the way.  |
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Kiki112
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April 15, 2014, 10:06:14 PM |
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there is no ban, the ban is just a rumour
only banks are not allowed to trade in bitcoin..
unfortunately but yes that's it..
This wasn't unexpected though, from a country like China. But yeah, the ban was rumors made up by ordinary people. Glad we got it out of the way. only rumors don't think it would be even possible to ban bitcoin for ordinary people, they could ban it, but it would be like pirating games it's illegal but no one can do anything to stop you from downloading them.. |
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giantblckdld
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April 16, 2014, 08:03:26 AM |
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No one is neutral when talking about Bitcoin.
There is 2 kind of people :
- the ones that want to BUY : they want Bitcoin to be low, they want you to believe that Bitcoin is worthless.
- the ones that want to SELL : they want Bitcoin to be high, they want you to believe that Bitcoin will go to the moon and beyond.
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Buziss
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April 16, 2014, 06:05:56 PM |
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The 15th is almost over in China; anyone know if the expected bans came into force?
As others mentioned, the ban is just a FUD. Bitcoin price goes back to around $500 now, after nothing happened in China. |
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apsvinet
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April 16, 2014, 06:07:42 PM |
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The 15th is almost over in China; anyone know if the expected bans came into force?
As others mentioned, the ban is just a FUD. Bitcoin price goes back to around $500 now, after nothing happened in China. As has already been posted several times above..  |
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bitconnect
Newbie
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April 16, 2014, 06:59:55 PM |
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I feel like the smaller Chinese exchanges helped manipulate the price.
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apsvinet
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April 16, 2014, 07:39:09 PM |
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I feel like the smaller Chinese exchanges helped manipulate the price.
Why is this, elaborate a bit? |
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Acidyo
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April 16, 2014, 07:57:46 PM |
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Not even china can ban bitcoin, nothing can stop it now. Resistance is futile.
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apsvinet
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April 16, 2014, 08:35:42 PM |
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Not even china can ban bitcoin, nothing can stop it now. Resistance is futile.
Can and can. They chose not to. However I want you to be right as well, the future is looking bright at the moment. |
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Inkvor
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April 17, 2014, 01:43:22 AM |
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They just warning thier citizen about bitcoin and not to get into it too much .
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counter
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April 17, 2014, 02:50:12 AM |
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as far as I can tell there hasn't been any news of ban just a bunch of rumors and the bears trying to hype the rumos up.  |
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