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Topic: 4th LARGEST chinese bitcoin exchange, FXBTC Chinese announces CLOSURE by May 10 - page 2. (Read 2186 times)

sr. member
Activity: 266
Merit: 250

It was just a bit of sarcasm. It is actually funny to read the comments on the coindesk article and get a feel for what the general emotion is about the PBOC bans. Those comments are a clear indication of the fact that China bans are not yet calculated into the current bitcoin price.
sr. member
Activity: 644
Merit: 250
https://primedao.eth.link/#/
China...pfffff...nobody cares  Kiss

Sadly the market still does...
sr. member
Activity: 266
Merit: 250
sr. member
Activity: 406
Merit: 250
Good find. I thought they stopped operating a while ago. Apparently not
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
China...pfffff...nobody cares  Kiss
sr. member
Activity: 448
Merit: 250
Bitcoin super-duper-mega-ultra-hyper-node
Shouldn't these posts be in the press section?
legendary
Activity: 3892
Merit: 4331
and why anybody gives it a second thought?
full member
Activity: 157
Merit: 100
https://www.fxbtc.com/news?id=4

google translated:

Quote
we finally decided stop operating FXBTC, in order to facilitate the user to cash, we will open the site to May 10, 2014, please the majority of users in the May 10 withdrawals as soon as possible, then we will close the site, FXBTC team thank customers for long-term support again! FXBTC Team 2014-05-02


http://www.coindesk.com/chinese-bitcoin-exchange-fxbtc-to-close-citing-central-bank-pressure/

Quote
FXBTC cited “unprecedented pressure” from the People’s Bank of China (PBOC) as well as restrictions on its banking services that have resulted from the central bank’s policies as deciding factors.

FXBTC said that long-term financial losses stemming from what it termed a “blockade” by the PBOC resulted in the management team deciding to end the service.

According to a translated statement from CryptoCoinsNews, the management team was unable to envision a successful future due to growing negative pressure from the PBOC.
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