Post
Topic
Board Speculation
Re: Bitcoin bubble won't last without Beijing's approval
by
Dodgers
on 13/01/2014, 21:48:21 UTC
You're both pathetic backwater scum. Now take it somewhere else.
who is "both"
Take a wild guess....
Not paying to much attention to non-relevant nonsense tbh..... however I hope their parents come home soon.
I can only speculate that their Playstations don't work so they cannot heckle people on Call Of Duty or BattleField.....hence they come here to vent the abundance of teenage testosterone.....

As soon as the boy can work up the balls crawl over to his daddy with his head and eyes hanging low and asking for handouts because he got himself into debt he can't repay Smiley

On topic, bitcoin doesn't need anyone's 'approval', definitely not chinese one. Why should bitcoin care since it has been having ups and downs since the beginning, slow and sure upward trend, increasing bubble amounts each year, and growing userbase?

The only thing chinese did is to speed up the schedule of the inevitable large bubble. Even if every single chinese withdrew from bitcoin, the schedule will continue and leave china in the dust.

 

Going back to the article in question, it seem to be a lot more "anti" than previous articles.... if we assume that it was state sponsored/sanctioned, then we have to speculate that the tide is indeed turning for the worse.
Whilst i don't believe that china will be a deal breaker, i have to admit that it would have been in the best interests of the bitcoin community if China had got behind it, or even tolerated it's existence within their borders.

As I said, we don't need china for bitcoin. If you observed the trends, you can clearly see that this current bubble was an ahead-of schedule anomaly.

If the chinese quit, bitcoin will return to its original schedule, and reach each bubble slower. That's all. There's little stopping its rise unless serious regulations are placed by larger and more powerful governments.

Regulation is a necessary evil for mass adoption.......whether people like it or not

That is right. Unfortunately, too many day dreamers and kids on this forum bitching about the US government has yet to realize this completely. Where was all the necessary hate towards the PRC? They were the ones to first really beat down on bitcoin.

The big factor is not regulation - it's an actual shutdown due to extremely strict regulations. Some regulations will help bitcoin by providing stable and safer way for general public to get into it.

In conclusion, chinos can go fuck themselves. Crypto will continue, and will not need their 'help'.

An almost rational reply.......totally spoilt by a racist comment.....come on HP...no one will take you seriously if you continue this path.
Most "chinos" i know disagree with their government policies that same way that many americans and europeans do.... please don't judge a nation based on the policy dictated to them by the few....