FTRcoins ftw.

btw are my tulips still worth anything?

Have there ever been any BitCoin scams or forgeries? If there haven't then it shows they haven't been seen as a serious currency.

China has banned its banks from handling transactions involving the Bitcoin virtual currency because they had no legal status and should not be used as a currency. Individuals were still free to trade in bitcoins but should be aware of the risks involved, said the People's Bank of China (PBOC).

Which doesn't really change anything as they always were only a virtual currency with no legal status and all transactions were unregulated anyway as Virtual currency exchanges in China are not licensed by the country's central bank.

Strange how the market reacts to something that is essentially 'No News'.