Chinese Exchanges: | Bitcointalksearch.org

dataispower

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Andreas Antonopoulos: "I worked with Changpeng Zhao for several months and I know him to be honest. I have every reason to believe his post about OKGox"

https://twitter.com/aantonop/status/604648853392912387

https://www.reddit.com/r/Bitcoin/comments/37tm1b/czs_statement_regarding_the_dispute_between/

Jammalan the Prophet

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Chinese exchanges are like...

dataispower

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796.com

https://www.reddit.com/r/BitcoinMarkets/comments/32zp6j/796com_trading_halted_no_response_from/

https://www.reddit.com/r/Bitcoin/comments/32zpy5/huge_chinese_exchange_796_has_gone_offline/

inca

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Quote from: fonzie on March 16, 2015, 04:00:33 PM

Quote from: minerbit hill on March 16, 2015, 03:48:41 PM

Decentralised or not you can still manipulate the markets. That much is obvious.

I agree. BTC/USD above 100$ is beyond ridiculous. The black market for drugs and other things(...) has to grow a lot more to support a price like this.

The market has disagreed with you for nearly two years. That makes you..um..wrong!

fonzie

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Moderator

Quote from: minerbit hill on March 16, 2015, 03:48:41 PM

Decentralised or not you can still manipulate the markets. That much is obvious.

I agree. BTC/USD above 100$ is beyond ridiculous. The black market for drugs and other things(...) has to grow a lot more to support a price like this.

minerbit hill

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Decentralised or not you can still manipulate the markets. That much is obvious.

—

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Yin Yang religion of wisdom, harmony

With the exception of CZ the others seem a bunch of chair warmers

bassclef

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Quote from: dataispower on March 10, 2015, 01:31:23 PM

80% of Bitcoin is exchanged into and out of Chinese yuan

http://qz.com/359679/80-of-bitcoin-is-exchanged-into-and-out-of-chinese-yuan/

I disagree with this. Most of the Chinese trade volume is wash which pumps up existing transactions which are quite small in comparison. Look at Huobi for example: The orderbooks don't come close to matching the volume. The majority of transactions are simply small amounts being traded back and forth by the same accounts.

innocent93

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Quote from: dataispower on March 14, 2015, 04:05:22 AM

In less than 4 weeks, the following 6 high level people have left OKCoin.

Changpeng Zhao (aka CZ), the high profile CTO of OKCoin, left. https://www.reddit.com/r/Bitcoin/comments/2w7byw/regarding_cz_leaving_okcoin/

Zane Tackett, International Operations Manager at OKCoin https://www.reddit.com/r/BitcoinMarkets/comments/2r4gmt/rbitcoinmarkets_best_of_2014_awards_winners/

Richard Bensberg, /u/OKCoin_Richard, Chief Compliance Officer at OKCoin, https://www.reddit.com/r/Bitcoin/comments/2uvtt1/okcoin_aua_with_ceo_star_xu_and_okcoin_team/

Chris Woods, the Director of International Operations
http://www.reddit.com/r/Bitcoin/comments/29gwk8/we_are_okcoin_auaask_us_anything/

Damian, The product designer from Alibaba https://www.reddit.com/r/Bitcoin/comments/2w7byw/regarding_cz_leaving_okcoin/

Nika, Team Lead of Customer Services, represented OKCoin at St. Petersburg conference
https://twitter.com/BitcoinConfRu/status/538218101738078208
https://www.reddit.com/r/BitcoinMarkets/comments/2yxyju/mass_exodus_at_okcoin_something_is_brewing/

*Edited out irrelevant information.:

It seems Okcoin is declining, it's said that there are too much divergences within Okcoin.
But still no any official information about the personnel changes.

I assume more exchanges will be gone in 2015.

1Referee

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Quote from: dataispower on March 14, 2015, 04:05:22 AM

In less than 4 weeks, the following 6 high level people have left OKCoin.

Changpeng Zhao (aka CZ), the high profile CTO of OKCoin, left. https://www.reddit.com/r/Bitcoin/comments/2w7byw/regarding_cz_leaving_okcoin/

Zane Tackett, International Operations Manager at OKCoin https://www.reddit.com/r/BitcoinMarkets/comments/2r4gmt/rbitcoinmarkets_best_of_2014_awards_winners/

Richard Bensberg, /u/OKCoin_Richard, Chief Compliance Officer at OKCoin, https://www.reddit.com/r/Bitcoin/comments/2uvtt1/okcoin_aua_with_ceo_star_xu_and_okcoin_team/

Chris Woods, the Director of International Operations
http://www.reddit.com/r/Bitcoin/comments/29gwk8/we_are_okcoin_auaask_us_anything/

Damian, The product designer from Alibaba https://www.reddit.com/r/Bitcoin/comments/2w7byw/regarding_cz_leaving_okcoin/

Nika, Team Lead of Customer Services, represented OKCoin at St. Petersburg conference
https://twitter.com/BitcoinConfRu/status/538218101738078208
https://www.reddit.com/r/BitcoinMarkets/comments/2yxyju/mass_exodus_at_okcoin_something_is_brewing/

*Edited out irrelevant information.:

Makes you wonder what the real reason is for these people to leave.

Hostile working environment? They don't agree with how the exchange is being operated?

Chinese exchanges are quite shady in general, especially with what is almost certainly huge loads of fake volume.

dataispower

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Activity: 1330

Merit: 289

In less than 4 weeks, the following 6 high level people have left OKCoin.

Changpeng Zhao (aka CZ), the high profile CTO of OKCoin, left. https://www.reddit.com/r/Bitcoin/comments/2w7byw/regarding_cz_leaving_okcoin/

Zane Tackett, International Operations Manager at OKCoin https://www.reddit.com/r/BitcoinMarkets/comments/2r4gmt/rbitcoinmarkets_best_of_2014_awards_winners/

Richard Bensberg, /u/OKCoin_Richard, Chief Compliance Officer at OKCoin, https://www.reddit.com/r/Bitcoin/comments/2uvtt1/okcoin_aua_with_ceo_star_xu_and_okcoin_team/

Chris Woods, the Director of International Operations
http://www.reddit.com/r/Bitcoin/comments/29gwk8/we_are_okcoin_auaask_us_anything/

Damian, The product designer from Alibaba https://www.reddit.com/r/Bitcoin/comments/2w7byw/regarding_cz_leaving_okcoin/

Nika, Team Lead of Customer Services, represented OKCoin at St. Petersburg conference
https://twitter.com/BitcoinConfRu/status/538218101738078208
https://www.reddit.com/r/BitcoinMarkets/comments/2yxyju/mass_exodus_at_okcoin_something_is_brewing/

*Edited out irrelevant information.:

dataispower

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Activity: 1330

Merit: 289

80% of Bitcoin is exchanged into and out of Chinese yuan

http://qz.com/359679/80-of-bitcoin-is-exchanged-into-and-out-of-chinese-yuan/

p2pbucks

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Evolution is the only way to survive

Quote from: kwukduck on February 15, 2015, 10:40:07 AM

LOL here comes the crash... With chinese exchanges hacked we have pretty much a guarantee to end the weekend way under $200!

No， it would be quite opposite. Bitcoin will bypass 300$ .
Because 80% chinese exchanges are scam & ponzi company , they fake the bitcoins in their system and manipulate the price .
The true bull will come when these scammers are cracked down

LewiesMan

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Activity: 384

Merit: 250

Quote from: NotLambchop on February 18, 2015, 10:07:03 AM

^It all adds up Undecided

3000 only?

NotLambchop

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^It all adds up Undecided

LewiesMan

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Quote from: Coinshot on February 18, 2015, 09:29:32 AM

Quote from: dataispower on February 17, 2015, 04:07:27 PM

Chinese Bitcoin banking service kipcoin.com lost 3000+ bitcoin

https://www.reddit.com/r/Bitcoin/comments/2w84el/kipcoincom_lost_3000_bitcoin/

"Kipcoin, which went online this May, sets its fundraising cap at 10,000 btc and pays an interest of 0.0137% daily. Media coverage indicates that the site makes money in two ways: 1. Arbitrage – buying from exchanges where prices are lower and sell at others where prices are higher. 2. Lend the coins to miners."

http://www.forbes.com/sites/ericxlmu/2014/07/12/major-chinese-exchanges-rolled-out-bitcoin-banking-services/

http://www.miningpool.co.uk/chinese-exchange-kipcoin-hacked/

At least those coins are off the market for now. It will not be very easy to mix and sell such a big amount.

3000 is such a tiny amount for BTC exchange volumes.

Coinshot

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Quote from: dataispower on February 17, 2015, 04:07:27 PM

Chinese Bitcoin banking service kipcoin.com lost 3000+ bitcoin

https://www.reddit.com/r/Bitcoin/comments/2w84el/kipcoincom_lost_3000_bitcoin/

"Kipcoin, which went online this May, sets its fundraising cap at 10,000 btc and pays an interest of 0.0137% daily. Media coverage indicates that the site makes money in two ways: 1. Arbitrage – buying from exchanges where prices are lower and sell at others where prices are higher. 2. Lend the coins to miners."

http://www.forbes.com/sites/ericxlmu/2014/07/12/major-chinese-exchanges-rolled-out-bitcoin-banking-services/

http://www.miningpool.co.uk/chinese-exchange-kipcoin-hacked/

At least those coins are off the market for now. It will not be very easy to mix and sell such a big amount.

Melds

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Investor / Trader / Analyst

Quote from: dataispower on February 15, 2015, 09:41:40 AM

I don't know if related:

Hong Kong lawmakers urge ban on bitcoin

"The government should clamp down on bitcoin, said lawmakers Leung Yiu-chung and James To, who accompanied the complainants, among them Nepalese and mainland Chinese, as well as Hong Kong citizens.

"The government should not just stand aside," Leung told reporters. "It's simply not enough to just ask people to exercise caution when investing ... it has to ban the circulation of such virtual currency in the market.""

http://uk.reuters.com/article/2015/02/11/uk-fraud-bitcoin-hongkong-idUKKBN0LF0WV20150211

https://bitcointalksearch.org/topic/m.10425632

"Hong Kong’s central bank has warned against investing in virtual currencies"

http://www.nytimes.com/2015/02/11/business/international/hong-kong-issues-warning-about-bitcoin.html?_r=1

https://bitcointalksearch.org/topic/m.10414215

This is actually good for bitcoin /s

HarmonLi

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Activity: 350

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Honest 80s business!

I've actually been wondering for some time now whether at least some if the Chinese exchanges with high volume may be selling coins that don't really exist (a la gox). I don't see them scamming anyone as of now but these kinds if problems seem to be increasing...

Brewins

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Quote from: tarmi on February 15, 2015, 09:36:38 AM

huobi going down once in awhile because DNS!

is the API down too when the site is down?

Topic: Chinese Exchanges: (Read 4867 times)