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Jamacn (OP)
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December 25, 2014, 02:51:45 AM |
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The former deputy director of the People’s Bank of China has stated that virtual currency can exist in tandem with government-issued currency in a public speech. Speaking at the Sanya Forum international finance event, Wu Xiaoling asserted that “private money in a digital form can coexist with government money” and that such a situation is “the norm in human society.” [...] Sounds great, but, "Wu was the deputy governor of PBOC. Now she's more like an economist and a think-tank supporting PBOC's policymaking. People still listen to what she has to say, but we should not "over-react" the importance of this speech." commented by LakeBTC CEO. So that's the reason why the bitcoin price down after her speech without rising http://cointelegraph.com/news/113113/pboc-ex-deputy-space-for-coexistence-of-digital-and-government-currency-in-china |
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nextgencoin
Legendary
 Offline
Activity: 1106
Merit: 1000
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December 25, 2014, 03:01:18 AM |
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The former deputy director of the People’s Bank of China has stated that virtual currency can exist in tandem with government-issued currency in a public speech. Speaking at the Sanya Forum international finance event, Wu Xiaoling asserted that “private money in a digital form can coexist with government money” and that such a situation is “the norm in human society.” [...] Sounds great, but, "Wu was the deputy governor of PBOC. Now she's more like an economist and a think-tank supporting PBOC's policymaking. People still listen to what she has to say, but we should not "over-react" the importance of this speech." commented by LakeBTC CEO. So that's the reason why the bitcoin price down after her speech without rising http://cointelegraph.com/news/113113/pboc-ex-deputy-space-for-coexistence-of-digital-and-government-currency-in-chinaYou might want to edit your title. "No" |
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Jamacn (OP)
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December 25, 2014, 03:09:01 AM |
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The former deputy director of the People’s Bank of China has stated that virtual currency can exist in tandem with government-issued currency in a public speech. Speaking at the Sanya Forum international finance event, Wu Xiaoling asserted that “private money in a digital form can coexist with government money” and that such a situation is “the norm in human society.” [...] Sounds great, but, "Wu was the deputy governor of PBOC. Now she's more like an economist and a think-tank supporting PBOC's policymaking. People still listen to what she has to say, but we should not "over-react" the importance of this speech." commented by LakeBTC CEO. So that's the reason why the bitcoin price down after her speech without rising http://cointelegraph.com/news/113113/pboc-ex-deputy-space-for-coexistence-of-digital-and-government-currency-in-chinaYou might want to edit your title. "No" add "Might"? I'm sure its also not "YES" |
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GÜNther.Danish
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December 25, 2014, 04:06:07 AM |
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Whether Clinton's or W.Bush's speech will affect Obama's decision? It is hard to prove
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Bejkn
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December 25, 2014, 06:49:50 AM |
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I think it is a good news, but the price has dropped  |
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Q7
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December 25, 2014, 07:34:47 AM |
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Not sure what is their stand anyway. Ok or Not Ok? If okay, then the price of btc should be moving up and not down. I thought the policy was towards restricting use of cryptocurrency but now the tone is different.  |
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Abdussamad
Legendary
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Activity: 3612
Merit: 1564
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December 25, 2014, 11:49:32 AM |
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Such a misleading title. Change it already!
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Bejkn
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December 26, 2014, 03:01:12 AM |
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Not sure what is their stand anyway. Ok or Not Ok? If okay, then the price of btc should be moving up and not down. I thought the policy was towards restricting use of cryptocurrency but now the tone is different. just like People still listen to what she has to say anyway, what she said is nothing help to the policymakers |
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cbeast
Donator
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Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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December 26, 2014, 03:12:19 AM |
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Yet another China Bans Bitcoin thread.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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Jamacn (OP)
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December 26, 2014, 09:02:38 AM |
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Not sure what is their stand anyway. Ok or Not Ok? If okay, then the price of btc should be moving up and not down. I thought the policy was towards restricting use of cryptocurrency but now the tone is different. I just mean her views does not represent the Chinese Government, so no matter what she said is "yes" or "no", not much contacts |
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botany
Legendary
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Activity: 1582
Merit: 1064
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December 27, 2014, 09:44:34 AM |
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The title still hasn't been changed.
Too misleading.
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