Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Searing
on 28/04/2014, 00:13:11 UTC
http://english.caixin.com/2014-03-27/100657518.html

 The central bank has taken a step that at least one expert says means all bitcoin trading websites in the country must close.

And... here.. we GO

the guestion is can the recoup as exchanges out of the country or will they just meander down in size w/o china customers...ie a new lower plateau on btc
use/price etc

not that I know just asking

but yeah that is my take on this ...they are out of China now.....

if this applies to BTC MINERS that are MADE in china ..this could get real ugly real guick...

China would not OFFICIALLY  ban bitcoin..but the result would be the same if they go after the btc equipment guys as well

they too would have to move out of the country or close (this is unlikely just saying to scare self)

Searing