Official CryptoCurrency Thread (Bitcoin, Litecoin, Ethereum & More)

heisenburrr

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unit321 said:
Vietnam has banned bitcoin. Not a huge country but it's a first.
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http://www.reddit.com/r/Bitcoin/comments/1z6jnj/vietnam_officially_bans_all_bitcoin_transactions/#

All, I am a Vietnamese native speaker (my twitter account: https://twitter.com/pcdinh). Also, I am a member of many local Bitcoin groups in Vietnam. Here is the true story:

  • It is just a warning, not officially written, legal statement. Bank of Vietnam issues a press release which is not a legal document. According to Bank of Vietnam, Bitcoin is not 1. a legal tender 2. legitimate method of payment . Basically the Bank says "I don't protect you if you list Bitcoin as a payment method in your contract. Use it at your own risk"
  • Bank of Vietnam want to ban financial agencies (only) from trading Bitcoin. However, it is not an official ban. Just a warning.
  • Bank of Vietnam say nothing about individual ownership or trading of Bitcoin
So, Bitcoin in Vietnam is NOT illegal at the moment. It is unregulated.

As a Bitcoin enthusiast, I believe that the Bank wants to do more research on the topic before composing any Bitcoin-related legal document. I will keep you posted on this.

Here is the official link to State Bank of Vietnam press releasehttp://www.sbv.gov.vn/portal/faces/...afrWindowMode=0&_adf.ctrl-state=32mmf5it1_366
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Sounds like the usual government warning.

Keep spreading uninformed FUD. Every new post you makes you look more stupid than the other
 
unit321

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heisenburrr said:
http://www.reddit.com/r/Bitcoin/comments/1z6jnj/vietnam_officially_bans_all_bitcoin_transactions/#
Sounds like the usual government warning.
Keep spreading uninformed FUD. Every new post you makes you look more stupid than the other
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So, i heard it from... http://abcnews.go.com/Technology/wireStory/vietnam-bitcoin-transactions-illegal-22712228

So if you are in Vietnam, it is harder to withdraw bitcoin into Vietnamese currency. If you think ABC news is a flaky source of news, then go ahead and make that claim.
 
heisenburrr

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Liu Kang

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Brehs, I don't know why y'all are so eager to shyt on Bitcoin and rejoice every time there is bad news about it.
We know you don't like, you don't believe in it and wish it'll die, we got it. But no need to come here every time so you can shyt on those who think it's a good idea. Can we keep it civil and mature a little and stop those petty back and forths ?
 
unit321

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heisenburrr

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unit321

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heisenburrr said:
do I need to remind you you haven't been right ONCE in this whole thread. you have no credibility around here :camby:

I mean what is even the purpose for you to post this article ? Is this some sort of breaking news ?

Damn you're a trash poster
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Bitcoin is for gays.
 
heisenburrr

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chestbrah said:
mate im not trolling or trying to talk nonsense why would you get involved in something that fluctuates so much your gonna lose money. did you not see that thread on reddit? people put big money and lost this can happen to anyone really. theres other ways to get money why put money into something where you can half if not all your money in no time at all

and besides with the market now your now gonna make bank. its a waste of time have fun making barely any money thinking you should keep going only to end up with a loss in the end.

if silk road didnt fail then maybe bitcoin would still be worth it but with all these sites going down bitcoin is to risky and basically over
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that's what they said in 2011.

bitcoin is not close to over. it is actually growing every day.

you don't know what you are talking about. you are ignorant and uninformed. you lack fundamental understanding of the technology.

you are talking nonsense. what happened with mt gox is the result of shady characters in a very young technological infrastructure.

since Silk Road went down, Bitcoin rose to all time highs. you sound like those sheep that think bitcoin is only for drugs & money laundering
 
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heisenburrr

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unit321 said:
Glad you said that. It decreases your reputation.

http://www.reuters.com/article/2014/02/28/us-bitcoin-mtgox-insight-idUSBREA1R06C20140228


People supporting bitcoin have invested into bitcoin mining and don't want it to go away or else they're going to lose money on their investment. They want to pump up the volume of users of bitcoin. More transactions, more money.
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or you could just say you're too stupid to understand the technological breakthrough of this technology
 
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