Quote from: notthematrix on February 09, 2014, 11:33:18 AM

Quote from: jadagles on February 09, 2014, 09:01:16 AM

Quote from: notthematrix on February 08, 2014, 06:07:51 PM

Quote from: jadagles on February 08, 2014, 05:13:05 PM

Quote from: notthematrix on February 08, 2014, 12:06:29 PM

Quote from: manfred on February 08, 2014, 11:40:06 AM

Quote from: EskimoBob on February 08, 2014, 10:10:20 AM

Some of you say it's banned, some of you say it is not.
Do any of you have a link to reliable source to clear this up?

BTW, how is this going to affect http://btc-e.com operations? If I recall, they are operating form Ukraine.

One more thing, China did not ban BTC. Only bank/fin institutions can not invest or trade BTC and for the rest, they can do what ever they want but have no protection from their gov. if get ripped off or lose their coin.

BTC-e does not operate from Ukraine. Its servers are in Bulgaria and it is Cyprus registered so Cyprus jurisdiction (EU) applys. Anyone signing up to them and bothers reading the terms and conditions they agree on and not just click the button know this.

ah btc-e is a smart setup company , Knowing the rules .... http://www.youtube.com/watch?v=d4o13isDdfY explains the rules , and especialy the loopholes.....

Very nice documentary you have there, another black area in logic has been enlightened.

VPRO backlight has very good docu's about the bankin system , VPRO is part of dutch PBS and the makers valentary choose to translate to englisch to increase range.
the tax free tour rules will never change , bitcoin is a new system that will nog be destroyed it wil simply replace the banks but first the fat cats need te get in , they keep the servants away with FUD.
and when the F.U.D is found out to be invalid the pie has been served to the (new) elite....
so they serfs again will miss out.

You are so right. Bitcoin imo will seriously rise in value, now I think they are tring to find a stealth way for conversion. Soon the banking system will fail, and the paper money will be worthless. The majority of people don't understand this yet, and sadly they will lose a lot of wealth. For me it is obvious that bitcoin is absolutely the next big thing, the next economic system. Still, I don't understand how to relate China and the massive gold that is acquiring and bitcoin. They know that the American dollar will default, and thus all the paper money that are not backed up in gold. Most of them. So they want to back up a type of currency with gold, but I'm afraid that a virtual currency like bitcoin will not be possible. We will see. I will bet on bitcoin or some other alt coin that promises.

It will be multiple currencies , but bitcoin will be the most expensive one (gold) , others will be there to increase transaction bandwith but the will be build on the price of bitcoin , bitcoin will be the virtual gold litecoin the silver etc.
The real problem we are facing and elite is aware of this , is the fact that we dont have resources for endless growth.
http://www.youtube.com/watch?v=Sqwd_u6HkMo and to get the enemy/everybody in they understand it must be a decentral system nobody has full control over , because only if everybody is submitting the power to a decentralized non inflationary system it will work.
the other option is complete war over resources in 20 / 25 years from now...
the servs don't realize this.
but my guess is that this is why bitcoin will never be banned for real.

Goverment can buy asics and do 51% attack. Then we will lose everything.