Quote from: deisik on January 27, 2017, 08:58:36 AM

Quote from: pinkflower on January 27, 2017, 06:35:07 AM

Quote from: anonbit992 on January 26, 2017, 07:43:27 AM

Quote from: Bitcoin0916 on January 26, 2017, 01:40:45 AM

Quote from: thephill97 on January 25, 2017, 09:53:47 PM

Quote from: Kray on January 23, 2017, 06:10:27 AM

I dont think china will ban bitcoin, even they ban bitcoin it just their goverment not their people. They people still use bitcoin

Bitcoin will never die nowhere man , china is the Power of Asia.

Yeah right, China is an Asian power even of the world, it is no longer the world economy will be controlled by china. As the owner and handler bitcoin, surely use bitcoin in china is enormous. The Chinese Government has not been legalized bitcoin but not reduce the enthusiasm of Chinese citizens to use and save money at the bitcoin, so long as the Chinese users there is no problem, bitcoin will either is fine.

China has shown a good support to bitcoin when compared to rest of the world. I think China will be responsible for the vast number of bitcoin transaction in future. It is good for the POBC to regulate bitcoin exchanges so as to prevent manipulation. This will prevent sudden rise and fall of bitcoin due to manipulation and will gradually contribute to the growth and traction of bitcoin.

So you think China will be the largest buyers of drugs in the darknet markets, contributing to BTC's growth? Are you sure about that? Before you spew out brain farts, stop and take a deep breath before you post. China's trading volume will start to dwindle after the PBOC starting to keeping an eye on BTC exchanges in their country

We see that after the PBOC intervention the price seems to have stabilized (sort of frozen)

While it is certainly not very encouraging for die-hard short-term traders which are volatility hungry, for the rest of the humanity it can only be welcomed since the price moves in a relatively narrow range today, and it still keeps well above pre-December levels at that (~750 dollars per coin). I wouldn't make any assumptions as to where the price might go in the near future, since I guess we should wait some time (say, a month) to see how real is support at current levels. In other words, we may still go lower to sub-800 levels

We are not talking about the price. The price is no problem even if its going down. We all know that BTC has a very long term trend going up. The problem is the volume. Coindesk has released and article this week that the dwindling volume should be a cause for worry. How true that is, I dont know. According to the article some Chinese BTC traders have shifted to trading stocks after the PBOC investigation.