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Author Topic: BREAKING: BITCOIN IN CHINA IS LEGAL AND NOT BANNED  (Read 2627 times)
Paladin69
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April 25, 2014, 07:42:37 AM
 #21

It's essentially banned if fiat can't flow in and out of it.  Stop being silly.  Sell me your coins.
counter
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April 25, 2014, 07:49:42 AM
 #22

Someone make a shirt that says still not banned.. and send me one.  Hey you can still make person to person transactions so it's not all bad.
honorem
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April 25, 2014, 11:32:42 AM
 #23

China is one big bluf
TERA
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April 25, 2014, 11:36:36 AM
 #24

In another 3-4 week's time we will have our next bitcoin-is-not-banned-in-china Bull-FUD. Stay tuned.
blatchcorn (OP)
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May 06, 2014, 08:44:52 AM
 #25

Still not banned. Looking forward to the next 'ban'
Malin Keshar
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May 06, 2014, 09:31:28 AM
 #26

bitcoin probly legal.

But exchange chinese money for bitcoin is being more and more discouraged
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May 06, 2014, 11:01:08 AM
 #27

They would love to ban bitcoin, but its very hard to do as it requires extensive and specific changes in the law to make sure it doesn't affect all means of exchange of information.

Much easier to just cut off any flow of fiat in or out of the system, the effect is basically the same.

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Icardi09
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May 07, 2014, 01:22:50 PM
 #28

still not banned, so we will see another banning from PBOC and make BTC prices dip like before
Searing
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May 07, 2014, 01:30:19 PM
 #29

Still not banned

Of course it isn't banned. You can legally own bitcoins. You just can't buy them or sell them through exchanges, lol.

and when the exchanges all move out of china .the great wall of the china internet will likely ban the sites

man everyone should see this coming ...exchanges will have to go outside china...china will lose control of manipulating major china exchanges on bitcoin..china will ban all trade outside of china on these exchanges..and lock out the www sites etc

of course it won't work..but likely will have a chilling effect on noobs getting into bitcoin in china

what I still would like to know is if they are gonna then go after the ASIC manufacturers of miner machines and lock their cash flow to an fro to...

it might not be banned...but the above to senarios sure could slow the growth down a lot in china imho

Searing


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May 07, 2014, 01:37:05 PM
 #30

It's being banned. Bitcoin is being banned in China. There we go; didn't really hurt much!  Grin

                                                                               
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