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-   -   Bitcoin crashes 30% after china tells banks not to trade it. (https://gfy.com/showthread.php?t=1128211)

media 12-09-2013 11:18 AM

Bitcoin crashes 30% after china tells banks not to trade it.
 
http://www.businessinsider.com/bitco...arning-2013-12

DOH!

Best-In-BC 12-09-2013 11:19 AM

Too late to kill bitcoin

JFK 12-09-2013 11:23 AM

no shit ?:pimp

dyna mo 12-09-2013 11:23 AM

might want to get an update, that was 4 days ago. :)

media 12-09-2013 11:29 AM

Quote:

Originally Posted by dyna mo (Post 19901996)
might want to get an update, that was 4 days ago. :)

Pacific Northwest had a major snow storm.. my generator in my wooden outhouse wouldn't fire up until this morning.. the peddle cycle wouldn't power the laptop and the router at the same time.. so I had to wait until today..

dyna mo 12-09-2013 11:34 AM

Quote:

Originally Posted by media (Post 19902006)
Pacific Northwest had a major snow storm.. my generator in my wooden outhouse wouldn't fire up until this morning.. the peddle cycle wouldn't power the laptop and the router at the same time.. so I had to wait until today..

well played! :1orglaugh

DWB 12-09-2013 11:52 AM

$980 last time I looked. It's slowly making a come back.

seeandsee 12-09-2013 11:55 AM

It will pop up again, people spending their money on it and that is reason to go up, after that, crash!

Lykos 12-09-2013 02:32 PM

I don't think it will harm it :(

halfpint 12-09-2013 02:39 PM

Looking good to me

http://coinmarketcap.com/

TumblrPRO 12-09-2013 02:41 PM

And the guys from BHA keep trying to mine one Bitcoin, LOL.

Just checked their pool again today, and they mine like 0.00001 bitcoin per week.

I think Marcel Reece and Dominic Purcell, should really look for some real job.

Just sayin...

postalsex 12-09-2013 05:15 PM

banks wont trade it but chinese residents are ok in having it, so I dont see a problem. Is like saying bank of america will not trade in bitcoins, of course it will neve do so...

Seth Manson 12-09-2013 05:19 PM

Quote:

Originally Posted by TumblrPRO (Post 19902206)
And the guys from BHA keep trying to mine one Bitcoin, LOL.

Just checked their pool again today, and they mine like 0.00001 bitcoin per week.

I think Marcel Reece and Dominic Purcell, should really look for some real job.

Just sayin...


VenusBlogger!

PornDiscounts-V 12-09-2013 05:38 PM

Currently Sober has quite a few up his bung if you dare sift through his righteously rank poo!

anexsia 12-09-2013 06:21 PM

Quote:

Originally Posted by media (Post 19901986)

Forbes INCORRECT, Bitcoin isn?t banned in China, only legally defined.
http://siliconangle.com/blog/2013/12...china-meaning/

"Many folks, like Bloomberg and Forbes, have erroneously asserted that China has ?banned? Bitcoin in a statement on December 5th.. This isn?t, in fact, the case. I used to be a vice president for a large investment bank based in Hong Kong, so I can provide a little better insight than most on what?s going on with.

The People?s Bank of China has basically given the green light for Bitcoin trading and exchanges. They are trying to keep Bitcoin trading ?separate? from the other parts of the financial system so that if Bitcoin blows up, then nothing bad will happen. The thing that I think they are worried about is a Lehman Brothers-style situation in which something blowing up in derivatives brings down the rest of the economy."

adultmobile 12-09-2013 08:46 PM

GFY should have a bitcoin ticker integrated in the top bar, hey admins are you reading this :)

http://bitcoinity.org/markets/image?span=7d&size=medium


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