BTCchina IS BACK, bank deposits restored!!! - page 5.

TERA

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Quote from: GigaCoin on January 30, 2014, 01:55:58 AM

Erm why are we discussing drugs here ? Is BTCchina selling drugs now Huh

For some reason people like to use drugs and prohibition to support an argument that the btc economy will retain the same strength even if bitcoin is banned by governments. I think drugs/prohibition and bitcoin usage is a loose and exaggerated relationship in that regard.

GigaCoin

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Giga

Erm why are we discussing drugs here ? Is BTCchina selling drugs now Huh

Peter R

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Quote from: seriouscoin on January 30, 2014, 01:41:29 AM

Quote from: BitcoinAshley on January 29, 2014, 11:58:20 PM

Quote from: bitcoinlitcoinbtcltc on January 29, 2014, 11:50:23 PM

Quote from: chessnut on January 29, 2014, 11:49:01 PM

Quote from: BitcoinAshley on January 29, 2014, 11:41:52 PM

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

Bitcoin has already crashed. on the 31st it will do nothing. dont you get it?

Lol, it's far from ''crashed''.
It will at least drop to the 350-450 range.

Exactly. These people don't get it. Banks aren't just banned from dealing "IN" bitcoin, as the PBOC notice explicitly says. They are are also (implicitly) banned from dealing WITH bitcoin-related companies. This isn't stated directly but it's obviously implied; my sources from within the PBOC confirm this in the chinese language. So even if BTCchina allowed bank deposits, it would be illegal and their bank would be immediately shut down by Chinese regulatory authorities.

Confirmed.

On the 31st we are going down, and I think 350-450 is optimistic, weird troll guy who thread-spams constantly.

Hey dumbass, didnt you know today and 31st is no different? All banking is already closed. You think ppl wait for that exact day to cash out?

Good luck with your wish, idiot.

BitcoinAshley: you must use your [satire]...[/satire] tags when outside of the "Confirmed Bad News Thread." Bitcoiners, as a rule, seem less than apt at discerning the real trolls from the fake ones.

GigaCoin

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Activity: 308

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Giga

Quote from: John999 on January 30, 2014, 01:30:22 AM

If you go to vip.btcchina.com, under Guide and About BTC China Exchange, it is written that bank transfers are disabled.

so it is fake news afterall. I have a feeling though the markets will reach upwards today anyway.

John999

newbie

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If you go to vip.btcchina.com, under Guide and About BTC China Exchange, it is written that bank transfers are disabled.

chessnut

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Activity: 924

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Quote from: seriouscoin on January 30, 2014, 01:41:29 AM

Quote from: BitcoinAshley on January 29, 2014, 11:58:20 PM

Quote from: bitcoinlitcoinbtcltc on January 29, 2014, 11:50:23 PM

Quote from: chessnut on January 29, 2014, 11:49:01 PM

Quote from: BitcoinAshley on January 29, 2014, 11:41:52 PM

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

Bitcoin has already crashed. on the 31st it will do nothing. dont you get it?

Lol, it's far from ''crashed''.
It will at least drop to the 350-450 range.

Exactly. These people don't get it. Banks aren't just banned from dealing "IN" bitcoin, as the PBOC notice explicitly says. They are are also (implicitly) banned from dealing WITH bitcoin-related companies. This isn't stated directly but it's obviously implied; my sources from within the PBOC confirm this in the chinese language. So even if BTCchina allowed bank deposits, it would be illegal and their bank would be immediately shut down by Chinese regulatory authorities.

Confirmed.

On the 31st we are going down, and I think 350-450 is optimistic, weird troll guy who thread-spams constantly.

Hey dumbass, didnt you know today and 31st is no different? All banking is already closed. You think ppl wait for that exact day to cash out?

Good luck with your wish, idiot.

+1
The market is forward looking, unlike some investors here. stuck on the same old crap.

seriouscoin

hero member

Activity: 658

Merit: 500

Quote from: BitcoinAshley on January 29, 2014, 11:58:20 PM

Quote from: bitcoinlitcoinbtcltc on January 29, 2014, 11:50:23 PM

Quote from: chessnut on January 29, 2014, 11:49:01 PM

Quote from: BitcoinAshley on January 29, 2014, 11:41:52 PM

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

Bitcoin has already crashed. on the 31st it will do nothing. dont you get it?

Lol, it's far from ''crashed''.
It will at least drop to the 350-450 range.

Exactly. These people don't get it. Banks aren't just banned from dealing "IN" bitcoin, as the PBOC notice explicitly says. They are are also (implicitly) banned from dealing WITH bitcoin-related companies. This isn't stated directly but it's obviously implied; my sources from within the PBOC confirm this in the chinese language. So even if BTCchina allowed bank deposits, it would be illegal and their bank would be immediately shut down by Chinese regulatory authorities.

Confirmed.

On the 31st we are going down, and I think 350-450 is optimistic, weird troll guy who thread-spams constantly.

Hey dumbass, didnt you know today and 31st is no different? All banking is already closed. You think ppl wait for that exact day to cash out?

Good luck with your wish, idiot.

mgburks77

sr. member

Activity: 364

Merit: 250

Quote from: TERA on January 30, 2014, 01:21:50 AM

Quote from: mgburks77 on January 30, 2014, 01:19:25 AM

Quote

Investing in one particular type of speculative asset is not

greed is not human nature?

mmm...I don't know. Endorphins is endorphins.

They can be greedy with something else. There are plenty.

time will tell

TERA

hero member

Activity: 728

Merit: 500

Quote from: mgburks77 on January 30, 2014, 01:19:25 AM

Quote

Investing in one particular type of speculative asset is not

greed is not human nature?

mmm...I don't know. Endorphins is endorphins.

They can be greedy with something else. There are plenty.

mgburks77

sr. member

Activity: 364

Merit: 250

Quote

Investing in one particular type of speculative asset is not

greed is not human nature?

mmm...I don't know. Endorphins is endorphins.

TERA

hero member

Activity: 728

Merit: 500

Using drugs is a strong human nature. Investing in one particular type of speculative asset is not - there are plenty others. Most of these Chinese are gamblers and will gladly just move on to the next volatile asset or to the roulette wheel and forget all about bitcoin. I don't see any black market emerging with any volume comparible at all to current volumes.

mgburks77

sr. member

Activity: 364

Merit: 250

Quote from: empoweoqwj on January 30, 2014, 01:11:28 AM

Quote from: mgburks77 on January 30, 2014, 01:08:45 AM

Quote from: BitcoinAshley on January 29, 2014, 11:41:52 PM

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

hmm.. just like the war on drugs made selling illegal drugs unprofitable?

"War on drugs" - even the phrase makes me laugh. You should know when a war isn't winnable.

Agreed

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: mgburks77 on January 30, 2014, 01:08:45 AM

Quote from: BitcoinAshley on January 29, 2014, 11:41:52 PM

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

hmm.. just like the war on drugs made selling illegal drugs unprofitable?

"War on drugs" - even the phrase makes me laugh. You should know when a war isn't winnable.

mgburks77

sr. member

Activity: 364

Merit: 250

Quote from: BitcoinAshley on January 29, 2014, 11:41:52 PM

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

hmm.. just like the war on drugs made selling illegal drugs unprofitable?

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: GigaCoin on January 30, 2014, 12:53:50 AM

There is no announcement on btc China, so far its just a bunch of ppl posting screenshots and someone supposedly "confirming" by talking to his qq chinese "friend"

If indeed true, I see the price going down for a bit as big players will want their coins cheap before taking off again.

So much bs on reddit. Entertaining but that's about it ....

smoothie

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LEALANA Bitcoin Grim Reaper

lol so this isn't confirmed? Just post....be emotional...emotions of others net the smart money more profits.

chessnut

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Quote from: MoneyMorpheus on January 30, 2014, 12:17:13 AM

Quote from: bitcoinlitcoinbtcltc on January 29, 2014, 11:50:23 PM

Quote from: chessnut on January 29, 2014, 11:49:01 PM

Quote from: BitcoinAshley on January 29, 2014, 11:41:52 PM

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

Bitcoin has already crashed. on the 31st it will do nothing. dont you get it?

Lol, it's far from ''crashed''.
It will at least drop to the 350-450 range.

I think that chinese that wanted out before new year got out. Today is the last banking day of this year and all withdraws made tomorrow won't arrive before the 1st. I don't know if this news are real or not, what I do think is that if it actually "crashes" during the weekend it will be a lame attempt of manipulation.

I don't think it will last much longer than the silkroad "crash". If its not banned it will be seen as good news. But I think if its banned its even better. This because btc has no frontiers. If chinese actually banned btc a black market will appear. Btc will be sold overpriced to take money out of the country. Once all btc from china are bought, they will be force to actually take money out of china to buy them. People with an excess in they early fiat leak will use that to buy them, whereas people that actually need to transfer more money abroad will buy other people excess in the form of btc. After this point price will skyrocket.

Right now I'm getting more bullish by the hour. If you have a better theory elaborate it Tongue

smart investors in China bought Bitcoin because it cant be regulated. why would they let go now? every new law imposed against them makes it more valuable, and more proven, and more desirable.
smart investors and officials in America realise they have no better alternative than to back Bitcoin, and are going to make the best of it.
my 2 cents.

John999

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The timing seems a bit odd.

GigaCoin

sr. member

Activity: 308

Merit: 251

Giga

There is no announcement on btc China, so far its just a bunch of ppl posting screenshots and someone supposedly "confirming" by talking to his qq chinese "friend"

If indeed true, I see the price going down for a bit as big players will want their coins cheap before taking off again.

TERA

hero member

Activity: 728

Merit: 500

If this is true then this is horrible news. China is rat poison for bitcoin.

Topic: BTCchina IS BACK, bank deposits restored!!! - page 5. (Read 8450 times)