Post
Topic
Board Bitcoin Discussion
Re: Russia, China & Apple ban Bitcoins. Gox closing. Is this the end?
by
unvoid
on 07/02/2014, 10:41:35 UTC
For the people that are not aware yet,

Russia banned bitcoins :: http://rt.com/business/bitcoin-russia-use-ban-942/

China banned bitcoins :: http://www.bloomberg.com/news/2013-12-05/china-s-pboc-bans-financial-companies-from-bitcoin-transactions.html

Apple removes all BTC apps :: http://www.telegraph.co.uk/technology/apple/10621175/Apple-bans-final-bitcoin-wallet-from-App-Store.html

Indonesia Bans bitcoins :: http://www.thejakartaglobe.com/business/bitcoins-neither-currency-nor-legal-paymen-tools-in-indonesia-central-bank/

India shuts down all BTC exchanges :: http://www.thehindu.com/business/Industry/bitcoin-exchanges-shut-shop-in-india/article5504407.ece

Thailand bans bitcoins :: http://www.cnbc.com/id/100923551

USA in final stages of banning bitcoins :: http://www.zerohedge.com/news/2013-05-15/us-government-begins-bitcoin-crackdown

France issued warning against bitcoins :: http://www.reuters.com/article/2013/12/05/us-france-bitcoin-idUSBRE9B40IF20131205

Korea rejected bitcoin legalising bill :: http://thenextweb.com/asia/2013/12/10/korea-becomes-the-latest-asian-country-to-reject-bitcoin-as-a-legitimate-currency/

Alibaba withdraws BTC support :: http://www.bloomberg.com/news/2014-01-08/bitcoin-banned-by-alibaba-s-taobao-after-china-tightens-rules.html

Mtgox scams $38 million from users :: http://falkvinge.net/2014/02/04/major-bitcoin-exchange-not-executing-withdrawals-now-owes-clients-38m-in-disappeared-money/

Mtgox OFFICIALLY stops all withdrawals :: https://www.mtgox.com/press_release_20140207.html

And the mining difficulty is going up every hour... making it almost IMPOSSIBLE TO MAKE PROFIT by mining.

Is this where it all ends? Is this where all hope dies? Does the bitcoin "bubble" burst now?

Typical troll panic instigator. He spam btc-e trollbox with link to this thread with messages like:

"There will be a huge selloff soon.. sell now while the price is ~$700.. chinese and big investors ARE going to sell their coins.. read this if you dont believe me https://bitcointalk.org/index.php?topic=453230.0"