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Bitcoin Crash Imminent? The Central Bank Of China Bans Financial Companies From Bitcoin Transactions – 5 December 2013

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Bitcoin Crash Imminent? The Central Bank Of China Bans Financial Companies From Bitcoin Transactions – 5 December 2013

Post by Purpleskyz on Thu Dec 05, 2013 7:25 am

Bitcoin Crash Imminent? The Central Bank Of China Bans Financial Companies From Bitcoin Transactions – 5 December 2013
Posted on December 5, 2013 by lucas2012infos | Leave a comment
https://twitter.com/russian_market

Beijing bans banks from Bitcoin deals
Regulators warn of danger that it be used for criminal activity

FT
http://www.ft.com/home/europe

Greenspan Baffled Over Bitcoin ‘Bubble’: “To Be Worth Something, It Must Be Backed By Something”
Read the whole article and see the video at: www.investmentwatchblog.com/ link to original article
 
 
Thanks to: http://lucas2012infos.wordpress.com
 
 
]On a side note... one of my fellow dinarians invest 10k in bitcoin and made 20k off of it so far

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Re: Bitcoin Crash Imminent? The Central Bank Of China Bans Financial Companies From Bitcoin Transactions – 5 December 2013

Post by Ponee on Thu Dec 05, 2013 9:53 am

Interesting info... thanks for sharing Purpleskyz

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Re: Bitcoin Crash Imminent? The Central Bank Of China Bans Financial Companies From Bitcoin Transactions – 5 December 2013

Post by catman on Thu Dec 05, 2013 1:39 pm

Governments just do not like monetary systems outside of their control and will do whatever is needed to crash these companies.  Greenspan has a lot of nerve to make that statement considering he ran the biggest scam going,
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Re: Bitcoin Crash Imminent? The Central Bank Of China Bans Financial Companies From Bitcoin Transactions – 5 December 2013

Post by Kevind53 on Thu Dec 05, 2013 11:43 pm

I don't think the government will have to do a thing ... there is no honor among thieves, and sooner or later the whole bitcoin thing will self destruct.

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Re: Bitcoin Crash Imminent? The Central Bank Of China Bans Financial Companies From Bitcoin Transactions – 5 December 2013

Post by Ponee on Fri Dec 06, 2013 8:19 am

You are probably correct Kevin and my husband says the same thing.  But, I still find the whoile thing fascinating.  The algorithms and the mining and just everything is interesting.

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Re: Bitcoin Crash Imminent? The Central Bank Of China Bans Financial Companies From Bitcoin Transactions – 5 December 2013

Post by Kevind53 on Fri Dec 06, 2013 9:24 am

My biggest concern is it seems to be tied to so pretty shady characters and umm ... enterprises. That and the level of fraud that seems to be pervading the whole thing right now.

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Re: Bitcoin Crash Imminent? The Central Bank Of China Bans Financial Companies From Bitcoin Transactions – 5 December 2013

Post by andy1979uk on Sat Dec 07, 2013 11:58 am

Do not buy bitcoin that boat sailed a long time ago the bubble is set to burst and you will be left holding the bag.
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Re: Bitcoin Crash Imminent? The Central Bank Of China Bans Financial Companies From Bitcoin Transactions – 5 December 2013

Post by Ponee on Sat Dec 07, 2013 12:19 pm

That is what I have been finding out now that I have been looking into it more.

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