Quote from: eiskalt on January 27, 2014, 02:54:38 PM

Quote from: Cognitive2013 on January 27, 2014, 02:47:10 PM

Quote from: proudhon on January 12, 2014, 03:30:52 PM

Please use this thread to only post confirmed news from confirmed sources to help everyone understand what is obvious - bitcoin is in a downtrend to oblivion.

My latest find comes, of course, from official sources in China and details how the Chinese government is planning a massive 99% attack on the blockchain. I'll put the main points below, but anyone can check the facts from the source:

1. Chinese offials delcare bitcoin a global financial virus
2. Officials from other nations are in agreement with ~~china~~ China, including the US
3. The Chinese government has millions of petahashes ready to deploy on the blockchain to destroy the protocol
4. In addition to attacking the blockchian, China will sell all their mined bitcoins on MtGox

It's obvious bitcoin has gone as far as it can go, but any other thoughts about this devastating news?

I just used Google to translate this page. It's about the closing of Chinese banks during Chinese New Year holidays (starting January 30). Nothing about BitCoin.

Am I missing something?

Only about 22 pages full of evidence for bitcoin going anywhere else but to its true value at around zero^2.
Which is long term support level.

Can't see those 22 pages. Could you please link?

bit.alex

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