Bitcoin Forum
March 28, 2024, 09:36:45 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Bitcoin question?  (Read 1076 times)
thecoinjournal
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500



View Profile WWW
May 03, 2014, 09:42:51 AM
 #21

Please just ignore China.

1711661805
Hero Member
*
Offline Offline

Posts: 1711661805

View Profile Personal Message (Offline)

Ignore
1711661805
Reply with quote  #2

1711661805
Report to moderator
1711661805
Hero Member
*
Offline Offline

Posts: 1711661805

View Profile Personal Message (Offline)

Ignore
1711661805
Reply with quote  #2

1711661805
Report to moderator
If you want to be a moderator, report many posts with accuracy. You will be noticed.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Farmer17
Hero Member
*****
Offline Offline

Activity: 674
Merit: 500



View Profile
May 03, 2014, 09:48:51 AM
 #22

Please just ignore China.

Or even better: CEO of Bitcoin Officially Bans China
http://www.coindesk.com/ceo-bitcoin-officially-bans-china/


But too bad, it was made on 1 Apr. Smiley

byt411
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000


View Profile
May 03, 2014, 10:02:07 AM
 #23

Please just ignore China.

Or even better: CEO of Bitcoin Officially Bans China
http://www.coindesk.com/ceo-bitcoin-officially-bans-china/


But too bad, it was made on 1 Apr. Smiley

I actually think that that article was too misleading for some retards, and they read it the wrong way round.
PilotofBTC
Legendary
*
Offline Offline

Activity: 1736
Merit: 1001


View Profile
May 03, 2014, 04:57:11 PM
 #24

I hear that bitcoin will be unbanned after may 10 in China. Does that mean bitcoins price will go up? Should I buy now? Thanks guys.

Bitcoin has never been banned in China. Never.

It is not banned, nor it is allowed. Ambiguous bollocks.

Who says it isn't allowed? It's the PBOC putting pressure on banks to stop them dealing with bitcoin exchanges, but using bitcoins is perfectly fine in China.

Correct, however several (all? seen many in the news) banks have closed their accounts with China based exchanges. So, it just makes it a bit harder for Yuan fiat to be traded to/from BTC, but it's still possible I'm sure.
PilotofBTC
Legendary
*
Offline Offline

Activity: 1736
Merit: 1001


View Profile
May 03, 2014, 04:59:24 PM
 #25

Please just ignore China.

Or even better: CEO of Bitcoin Officially Bans China
http://www.coindesk.com/ceo-bitcoin-officially-bans-china/


But too bad, it was made on 1 Apr. Smiley

HA HA! Funny. Although, I'm not sure I approve of this joke. Many people who are new to Bitcoin of just hearing about it have no idea there is no "CEO of Bitcoin, etc." I'm not sure what the market did on Apr 1 though and I'm too lazy to go look at the charts for that day.
Pony789
Hero Member
*****
Offline Offline

Activity: 882
Merit: 1000



View Profile
May 03, 2014, 07:32:12 PM
 #26

Please just ignore China.

Or even better: CEO of Bitcoin Officially Bans China
http://www.coindesk.com/ceo-bitcoin-officially-bans-china/


But too bad, it was made on 1 Apr. Smiley

HA HA! Funny. Although, I'm not sure I approve of this joke. Many people who are new to Bitcoin of just hearing about it have no idea there is no "CEO of Bitcoin, etc." I'm not sure what the market did on Apr 1 though and I'm too lazy to go look at the charts for that day.

IIRC, bitcoin did pretty good that day. Probably because people are too busy with the "Pokemon Challenge" on google map lol. Tongue

Pony789
Hero Member
*****
Offline Offline

Activity: 882
Merit: 1000



View Profile
May 03, 2014, 07:34:42 PM
 #27

Correct, however several (all? seen many in the news) banks have closed their accounts with China based exchanges. So, it just makes it a bit harder for Yuan fiat to be traded to/from BTC, but it's still possible I'm sure.

FYI: http://www.coindesk.com/chinese-bitcoin-exchange-fxbtc-to-close-citing-central-bank-pressure/
Quote
China-based bitcoin exchange FXBTC has announced that it will shut down on 10th May.

In its announcement, FXBTC cited “unprecedented pressure” from the People’s Bank of China (PBOC) as well as restrictions on its banking services that have resulted from the central bank’s policies as deciding factors.

You can find some discussion here. https://bitcointalk.org/index.php?topic=593086.0;all

Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!