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Topic: BTCchina IS BACK, bank deposits restored!!! - page 2. (Read 8450 times)

hero member
Activity: 504
Merit: 500
Moderator
In a few hours we will have a new market leader with about 2 Mio. BTC changed in 6 hours

 Cheesy Cheesy Cheesy Cheesy Cheesy Roll Eyes
hero member
Activity: 681
Merit: 507
just watch it on btcwisdom, it's obvious
hero member
Activity: 504
Merit: 500
Moderator
Another one




and this




This is so ridiculous
hero member
Activity: 681
Merit: 507


It´s the same coins goin back and forth





95 buy
95 sell
96 buy
96 sell
76
77
...


I wonder if that volume might be fake..., they´re actin even worse than Huobi now, it´s so obvious, they don´t even try to hide it anymore.

true, nice sherlocked^^ that actually looks fake 
hero member
Activity: 504
Merit: 500
Moderator


It´s the same coins goin back and forth





95 buy
95 sell
96 buy
96 sell
76
77
...


I wonder if that volume might be fake..., they´re actin even worse than Huobi now, it´s so obvious, they don´t even try to hide it anymore.
hero member
Activity: 681
Merit: 507
i am bit confused now  Huh so do you still expect anything to happen @chinese new year 31st of january?

btcchina volume is back, around 20k coins last hour... its just people switching back from huobi to btcchina or is the chinese volume increasing heavily now?
sr. member
Activity: 448
Merit: 250
Let's look at the facts people:

-On reddit, the OP was a throwaway account and the first "confirmer" was a throwaway account
-Several of the "confirmers" here have been new users or users with low post/activity
-No one's actually confirmed functionality - the button is there but the website still says bank transfers are not functional, that's pretty clear to me
-Someone said it was confirmed on Coindesk but no link? FISHY
-No announcement from BTCChina

I'm not convinced. This is just a half-assed attempt to pump the price, which will continue to plummet as soon as all the gullible fools realize that this is unconfirmed and therefore false, and that Bitcoin really is outright banned in China.

(Thanks for the hint, guy on page 2, but I'm not going to add [sarc] tags because it's more fun if people don't realize I'm trolling)

I assume Chinese New Year involves lots of alcohol, and therefore drunk trading? This is a bullish signal. (But still not outweighed by the massive bearish signal that is "BTC banned in china.")

http://www.coindesk.com/btc-china-accepting-bank-deposits/

edit: lol, i didn´t get it, i guess  Cheesy

This is not a foreign language source therefore unconfirmed. Proudhon will back me on this.

legendary
Activity: 2338
Merit: 2106
Let's look at the facts people:

-On reddit, the OP was a throwaway account and the first "confirmer" was a throwaway account
-Several of the "confirmers" here have been new users or users with low post/activity
-No one's actually confirmed functionality - the button is there but the website still says bank transfers are not functional, that's pretty clear to me
-Someone said it was confirmed on Coindesk but no link? FISHY
-No announcement from BTCChina

I'm not convinced. This is just a half-assed attempt to pump the price, which will continue to plummet as soon as all the gullible fools realize that this is unconfirmed and therefore false, and that Bitcoin really is outright banned in China.

(Thanks for the hint, guy on page 2, but I'm not going to add [sarc] tags because it's more fun if people don't realize I'm trolling)

I assume Chinese New Year involves lots of alcohol, and therefore drunk trading? This is a bullish signal. (But still not outweighed by the massive bearish signal that is "BTC banned in china.")

http://www.coindesk.com/btc-china-accepting-bank-deposits/

edit: lol, i didn´t get it, i guess  Cheesy
sr. member
Activity: 448
Merit: 250
Let's look at the facts people:

-On reddit, the OP was a throwaway account and the first "confirmer" was a throwaway account
-Several of the "confirmers" here have been new users or users with low post/activity
-No one's actually confirmed functionality - the button is there but the website still says bank transfers are not functional, that's pretty clear to me
-Someone said it was confirmed on Coindesk but no link? FISHY
-No announcement from BTCChina

I'm not convinced. This is just a half-assed attempt to pump the price, which will continue to plummet as soon as all the gullible fools realize that this is unconfirmed and therefore false, and that Bitcoin really is outright banned in China.

(Thanks for the hint, guy on page 2, but I'm not going to add [sarc] tags because it's more fun if people don't realize I'm trolling)

I assume Chinese New Year involves lots of alcohol, and therefore drunk trading? This is a bullish signal. (But still not outweighed by the massive bearish signal that is "BTC banned in china.")
sr. member
Activity: 364
Merit: 250
Foosl will be fooled.
China is not allowing this, those who pump money into Chinese exchanges are now are extremely stupid.
Would you put money into a Chinese exchange if you're not even allowed to withdraw?

Last dead cat bounces, but it is good because this will confirm that bitcoin can not be trusted, exchanges can not be trusted, and US government will witness the volatility of bitcoin AGAIN, and ban it.

Everyone buying now is a complete moron. This ship is going down !

Bitcoin is a trustless protocol. It's in prohibitive environments that it's best usage will be realized.
hero member
Activity: 894
Merit: 501
Foosl will be fooled.
China is not allowing this, those who pump money into Chinese exchanges are now are extremely stupid.
Would you put money into a Chinese exchange if you're not even allowed to withdraw?

Last dead cat bounces, but it is good because this will confirm that bitcoin can not be trusted, exchanges can not be trusted, and US government will witness the volatility of bitcoin AGAIN, and ban it.

Everyone buying now is a complete moron. This ship is going down !

Maybe they're just buying up as many BTC as they can before a black market requires even higher prices for them
legendary
Activity: 2338
Merit: 2106
Financial freedom is far, far more important than using recreational drugs.
Nothing recreational about it.  The ability to control your own biochemistry is the ability to control your own mind.  Without it, your very thoughts are under the control of others.  The freedom to think as you choose is much more important than the freedom to transact as you choose.


interesting argument.
hero member
Activity: 717
Merit: 501
Foosl will be fooled.
China is not allowing this, those who pump money into Chinese exchanges are now are extremely stupid.
Would you put money into a Chinese exchange if you're not even allowed to withdraw?

Last dead cat bounces, but it is good because this will confirm that bitcoin can not be trusted, exchanges can not be trusted, and US government will witness the volatility of bitcoin AGAIN, and ban it.

Everyone buying now is a complete moron. This ship is going down !
hero member
Activity: 602
Merit: 500
This is horrible news. We were doing so good with merchant adoption and bitcoin confidence with these stable prices and now all this Chinese bs is going to start up again with all the volatility, manipulative trading, completely unpredictable swings, and of course the inevitable crash when corporate bank accounts for bitcoin are outlawed. Our dreams of finding some legitimately supported price anytime soon will be gone.
in principal I aggree, but i don`t care too much about China. The rough Waters beginning perhaps now will calm down
newbie
Activity: 28
Merit: 0
look at huobi

tis shooting up

10:35pm in Beijing.

Another couple of hours before most of them are in their beds.

LOL the fireworks are too loud for anyone to sleep and they'll continue until ~3am.... now the local time in China is midnight.

If you have never been to China during CNY before it's hard to imagine.  Back home we have 20 minutes of fireworks and everybody thinks it's great and goes home.  Here it goes on ALL DAY AND ALMOST ALL NIGHT for 9 days in a row everywhere not just in one place.  Today is the first day of Spring Festival.
sr. member
Activity: 364
Merit: 250
moar price discovery
hero member
Activity: 1106
Merit: 500
Life is short, practice empathy in your life
It's now officially Jan 31st in China, and some tard pumped the price to 4900.
legendary
Activity: 1246
Merit: 1000
Well I for one am glad that BTCChina is back in business. So what if things become less predictable for you silly day traders? I couldn't care less if you can't sleep at night because of all the uncertainty. Oh the horror, the Chinese can deposit their money and buy BTC again and how on earth will the government respond? *yawn*  Roll Eyes
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Yup. It's going to drag things out for the foreseeable future. Fudsters will continue to roll around and squeal and no one'll be quite sure what's on the horizon. Hopefully it'll fade away a little there as time goes on and other markets grow.

Perhaps we should all club together and donate some BTC to the central committee in return for a straightforward decision.
hero member
Activity: 728
Merit: 500
anybody can confirm this please? BTC price should sky rocket right?

Coindesk just confirmed this news, btcchina accepting bank deposits is the real deal
This is horrible news. We were doing so good with merchant adoption and bitcoin confidence with these stable prices and now all this Chinese bs is going to start up again with all the volatility, manipulative trading, completely unpredictable swings, and of course the inevitable crash when corporate bank accounts for bitcoin are outlawed. Our dreams of finding some legitimately supported price anytime soon will be gone.

Really? I think it's good. I like that bitcoin can get into China easily, it's a tool for freedom. Don't wish oppression on others.
I don't necessarily want to oppress China - I just want a clear decision to be made one way or the other - either china allows bitcoin or it doesn't. I'm tired of the back and forth bs, the completely unpredictable swings, the market manipulation, the unreadable volume, and the sudden random oddly placed crashes that seem to only happen strategically when I'm long. I don't want btcchina back just because 'bobby lee see said so' - that definitely seems like the wrong reason, which will lead to more pain and loss. It's just more of this game, with no resolution.
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