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Author Topic: China Ban is a NOW a bullish Signal  (Read 4298 times)
bitcon
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May 02, 2014, 08:57:14 AM
 #21

how many times has China banned bitcoin? seems like 5 or 6 times now to me.  If they banned it, then why do they keep talking about it?
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pinksheep
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May 02, 2014, 10:15:43 AM
 #22

Despite all the talk about China & despite having asked several times what the position is for the ordinary Chinese investor, I still don't know if they can buy bitcoin easily or not! Can anyone elucidate?

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PRIMEDICE
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Pepin
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May 02, 2014, 01:15:37 PM
 #23

Yes, as of now, I can still buy bitcoin very easily with my hard-earned RMB. In all this time, this hasn't changed at all. However, this might finally change in the near future.
TERA
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May 02, 2014, 01:19:18 PM
 #24

You guys are silly to think that the effect of a dead market is going to be greater than the effect of a live market with a consistent cash flow of new fiat in.

The amount of ignorance about finance and markets here is astonishing. I'm glad you guys don't actually manage anything important.
pinksheep
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May 02, 2014, 01:36:29 PM
 #25

Yes, as of now, I can still buy bitcoin very easily with my hard-earned RMB. In all this time, this hasn't changed at all. However, this might finally change in the near future.

Glad to hear that. I mean that you can buy it, not that that might change in the future Smiley

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YipYip (OP)
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May 02, 2014, 10:35:43 PM
 #26

Yay more chinese FuD ..drops the price by 2%

Wow ... FXBT as you saw stated "Due to losses" so they where not making any $$ to begin with ...lolz

More chinese need to focus on what they do best "Special Fried chikun" 


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YipYip (OP)
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May 02, 2014, 10:49:05 PM
 #27

ALso this news makes me want to burst into song

"Another one bites the dust....another one down another one down another one bites the dust "

Obviously the chinese have no idea

Bring on Gox 2.0 Cheesy


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TERA
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May 02, 2014, 11:45:47 PM
 #28

Yay more chinese FuD ..drops the price by 2%

Wow ... FXBT as you saw stated "Due to losses" so they where not making any $$ to begin with ...lolz

More chinese need to focus on what they do best "Special Fried chikun" 


How do you know exactly what is causing each price movement? The market is collection of buyers and sellers. Are you inside everyone's head?
YipYip (OP)
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May 03, 2014, 12:31:01 AM
 #29

Yay more chinese FuD ..drops the price by 2%

Wow ... FXBT as you saw stated "Due to losses" so they where not making any $$ to begin with ...lolz

More chinese need to focus on what they do best "Special Fried chikun" 


How do you know exactly what is causing each price movement? The market is collection of buyers and sellers. Are you inside everyone's head?

Its a mystery ..yes

but

1) China anounces more FUD
2) price movement

With the evidence outlined a correlation can be made Tongue

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DustyRah
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May 03, 2014, 02:54:59 AM
 #30

I am waiting for gas stations to accept BTC.
tins
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May 03, 2014, 04:39:34 AM
 #31

I am waiting for gas stations to accept BTC.

That would be a windfall.
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May 04, 2014, 01:06:52 AM
 #32

I heard a rumor that China will unban the banned ban on bitcoin bans in China.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
TERA
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May 04, 2014, 01:11:19 AM
 #33

fun fact: the word "ban" was not once used in a PBOC notice.
r34tr783tr78
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May 05, 2014, 02:04:18 AM
 #34

Obviously, everything has to be good news for bitcoin.
We are going to go from one good news to another until "to da moon".
Everybody knows that repeating something many times makes it true Smiley

PangPang
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May 05, 2014, 02:21:55 AM
 #35

fun fact: the word "ban" was not once used in a PBOC notice.

But it has been used numerously in bitcointalk, reddit, etc. Tongue

erono
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May 05, 2014, 06:14:05 AM
 #36

Please keep in mind barter is not banned in China. No one is stopping you from bartering your goods for bitcoins in China. There's no proof is that the merchants that have stopped accepting bitcoins have said that they are not sure if merchants can or can not accept bitcoins.

YipYip (OP)
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May 05, 2014, 06:24:09 AM
 #37

Please keep in mind barter is not banned in China. No one is stopping you from bartering your goods for bitcoins in China. There's no proof is that the merchants that have stopped accepting bitcoins have said that they are not sure if merchants can or can not accept bitcoins.

AGreed I know for a fact that you can still purchase "Specila Fried Chikun" with Litecoin ...they even offer free delivery Cheesy

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vitarian
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May 07, 2014, 11:49:07 PM
 #38

how many times has China banned bitcoin? seems like 5 or 6 times now to me.  If they banned it, then why do they keep talking about it?

Because ultimately they DON'T want to ban bitcoin. They just want to manipulate the market to buy a bunch of cheap bitcoins at $100-$200 each, then they will stop playing their silly ban/unban game.
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May 08, 2014, 12:02:42 AM
 #39

Quote from: @barrysilbert
Now that "China banned bitcoin" has been fully priced in, I predict the country's efforts to curtail will backfire and drive global interest.

https://twitter.com/barrysilbert/status/464059598492925952
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A Great Time to Start Something!


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May 08, 2014, 12:11:11 AM
 #40



Times have changed:

You cannot harm a Bull with a China bear anymore.
They are so cute.  Cheesy



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