Post
Topic
Board Bitcoin Discussion
Re: Didn't Bitcoin ban China?
by
MICRO
on 02/06/2014, 21:10:44 UTC
We should look at this problem from a different angle.

Without Chinese Gov's influence, BTC price should be higher than $1,000USD today.
How could BTC price went down to $400USD and that provided you an opportunity to buy more BTC?

Everyone knows Chinese Gov could not ban BTC in terms of technical aspect.
And eventually BTC price would continuously rise up in the long term.

So what Chinese Gov had done is to offer you a chance to buy more BTC and be more rich in the future:).

So the Chinese Gov hold monopoly that affect on price until it buy all btc and for 10 or more years sell us for 100x more than current price Cheesy

They cant buy all the bitcoins, i know they cant buy from me. And many other members. Its not that simple.
What about they give you an offer you cant refuse? Cheesy

Hehe Cheesy . Maybe but that offer will need to be 100k$ cash Smiley .