indeed, I think china market is the most crowded with fluctuating every hour. it keeps people from coming to the china market outside china I think, and make bitcoin volume in China booming. Thank you
how is that possible when the chinesse banks are not allowed to deal with Bitcoin exchangers and neither with persons who are dealing/trading BTC?
This is the question and nobody answers It's because everyone on this forum fits into one of three categories, clueless teenager, brain dead adult, or shill.
I agree and further more they never do their research and just believe in what they read. Anyway i think those trades are just manipulation. Bots trading perhaps. But some article says that Chinesse are really into buying this BTC for money transfer. They are moving the wealth outside China border. And BTC transaction is one that is hard to tract.
how can they buy when the banks are not allowed to deal with them? remember that China is a communist country and they control the financial sector very good. it's not a joke.
Even in Europe, the banks are asking a lot of questions if you(a company)are receiving millions of USD for bitcoin. the chinesse exchangers, according to the volumes they show, they should receive/send millions of USD per day.
What bank in this world is not asking question if you receive/send millions daily and all these transactions are for Bitcoin?
http://www.bloomberg.com/news/articles/2013-12-05/china-s-pboc-bans-financial-companies-from-bitcoin-transactions
In China, you can send money from banks to exchanges without any problem. The banks are not allowed to deal with bitcoin.
