Fill you in on Chinese Secret - Moved $20M out of China

Flashman

hero member

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Merit: 500

Hodl!

Quote from: WildWes on April 25, 2014, 08:52:35 AM

If the people were just slightly empowered it'd be a civil war with a billion people - the current leaders would be quartered and placed into BBQ pork buns! Wink

Well they had that tune on repeat for about a 150 years on and off up until the final Communist takeover in the 50s. It's just possible that they are still sick enough of war that there would be no enthusiasm for it, no matter how tyrannical the leadership gets.

WildWes

newbie

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Again, it astounds me that news out of China is even news or moves the price of BTC at all. Anyone with half a brain knows BTC will is completely useless in China and its price is $0, I expect a full out onslaught of miners and the technology as a whole there.

That would be wonderful and exemplify the significance of the protocol as a whole, got those little China-men in their leadership positions shaking in their boots. If the people were just slightly empowered it'd be a civil war with a billion people - the current leaders would be quartered and placed into BBQ pork buns! Wink

Quote from: WildWes on March 27, 2014, 12:09:27 PM

Names are not important, what I can tell you is that I am only one person and a nobody per say. I have helped educate and facilitate moving $20 million out of china via the Bitcoin protocol.

Do you really think China is going to allow this to happen when per capita controls were $40,000 per year. hahahah. My buy orders have been set for $530 - $450 for months. China will soon flip the switch, they will seize Huobi, the Lee brothers will vanish and all of those coins will be owned by teh Chinese Government effectively removing supply.

I expect the price to continue forward with the Chinese Government as a 25% partner in BTC hehe Wink

Come on guys this is a communist regime and Coindesk parades OkCoin and Huobi as if they were credible reliable institutions. Sad, fault is on coindesk as well for being so naive. But in their defense I doubt they have much understanding of geo-politics.

BTC must operate in free societies, it can operate in the shadows in others with out doubt but not in the public eye hehehe. You are about to witness the flip of the switch real soon.

WildWes

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Quote from: zolace on March 28, 2014, 08:44:19 AM

$20 million didn't leave China. $20 million worth of bitcoins left China. If the Chinese government does eventually come down hard on the exchanges bitcoins will still continue to enter and leave and China, the only difference being how people acquire them i.e. sell stuff, trade in person. Exactly!!!

You are right on the money here! Much the same as McDonalds has to operate, by not sending out cash, but by buying Chinese product and sending that product to another location. Eg to send $10M in profits from China, you can buy $10M in potato's and send those to your Singapore locations. These controls have been lessened considerably but they are still there. We are shipping potato's at a fraction of the cost of the underworld.

escrow.ms

legendary

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Quote from: The_Gloomfrost on March 27, 2014, 04:04:32 PM

I don't know if I can trust anyone who writes 'hehe' in their predictions.

LMAO

WildWes

newbie

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Its inevitable guy, just a function of common sense. The great thing is I believe the price will head higher because of it. If China seizes the exchanges that is. It has been a very profitable system for quite some time and there are places to move and sell the bitcoins with out tax. There is no laundering here, simply providing a service for people who wish to invest abroad. The investments they make still have to be scrutinized with proper ID etc and lawyers. Most of these people already have investments abroad and are obviously wealthy - it is still just as difficult for them to get money out of China. It just so happens I assist them to buy real estate. I completely believe the good times will come to an end soon hehe (from the old BBS days). However I am working in Bangladesh now, another incredible opportunity. I have a few clients from there who are uber-wealthy. There is absolute poverty and there is absolute wealthy there. The disparity is shocking. We are setting up the proper infrastructure to be able to move money out of there now (BTC is banned) but it requires some infrastructure, the volumes are too low. Call me Lord of BTC.

bitgeek

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Another doom spreading newbie Cheesy

Someone is in a trolling mood hehe Cheesy

zolace

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$20 million didn't leave China. $20 million worth of bitcoins left China. If the Chinese government does eventually come down hard on the exchanges bitcoins will still continue to enter and leave and China, the only difference being how people acquire them i.e. sell stuff, trade in person. Exactly!!!

RomertL

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Activity: 470

Merit: 250

Quote from: BitCoinDream on March 27, 2014, 04:08:55 PM

OP is from either of the following countries...

1. India
2. Pakistan
3. Bangladesh
4. Srilanka
5. Nepal
6. Bhutan

These country people mainly use the term 'hehe' instead of 'LoLz' Wink

Hehe, right....

riekinho

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Quote

Sorry bud but the Lee brothers will simply vanish and I will laugh my head off again.

All 97 millions of them or only Charlie and Bobby?

bananahoho

newbie

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Quote from: aleandromagno on March 28, 2014, 07:41:03 AM

China and Russia prohibit, Usa and Europe make tax on btc: BTC make fear at dictator bank(bce, federal reserve, central bank of china, central bank of russia, fmi, esm)

I don't know what Russia has banned BTC but China indeed prohibited it Chinese might fear that BTC will affect their currency

Honeypot

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Activity: 420

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China playing with crypto is like watching a 3 year old messing with a hand grenade. 10 Hand grenades.

How many times were they running around like headless chickens trying to make sense of how they will 'control' crypto?

Who is manipulating and controlling whom? Only time will tell. One thing's for sure. Crypto ain't chinese invention Cool

aleandromagno

legendary

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Or even they want to do business!

aleandromagno

legendary

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China and Russia prohibit, Usa and Europe make tax on btc: BTC make fear at dictator bank(bce, federal reserve, central bank of china, central bank of russia, fmi, esm)

Elwar

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Viva Ut Vivas

Quote

Fill you in on Chinese Secret

Ancient Chinese secret eh???

BombaUcigasa

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Quote from: WildWes on March 27, 2014, 12:09:27 PM

Names are not important, what I can tell you is that I am only one person and a nobody per say. I have helped educate and facilitate moving $20 million out of china via the Bitcoin protocol.

This has been visible for a while, most likely the funds will pop up in Australia or Canada, just out of curiosity, the parties that create the scare news and the bans, are they corrupt or faithful to the people?

vnvizow

sr. member

Activity: 364

Merit: 250

Is this spam? What OP said he/she is doing seems illegal and I don't think anybody is stupid enough to say it in public, right? Maybe not. Although I agree the Chinese government will take certain actions on Bitcoin but it would seem like they're 'throwing away' what the country's economy can bloom on. Just look at the number of Bitcoin related companies opening up in the eastern world

counter

hero member

Activity: 798

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Time is on our side, yes it is!

The first post is clearly written by a German fella who was raised in North America I mean isn't it obvious? I do appreciate the interesting plot suggested to be thickening int the OP. Just not gonna hold my breath while it potentially unfolds

Trafficlearn

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if China really wanted to ...why not just do it without the warning? seems it would make more sense for them.....catch more coins

Beliathon

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https://youtu.be/PZm8TTLR2NU

Quote from: ?? on ??

So far I haven't seen much competence or boldness from those holding large amounts.

That's because smart people who are holding large amounts are careful not to divulge this information to the public.

Joshuar

hero member

Activity: 504

Merit: 500

eidoo wallet

Quote from: The_Gloomfrost on March 27, 2014, 04:04:32 PM

I don't know if I can trust anyone who writes 'hehe' in their predictions.

loled.

Topic: Fill you in on Chinese Secret - Moved $20M out of China (Read 3823 times)