Not sure that I get what is happening on the 30th - page 2.

merv77

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1.21 GIGA WATTS

Quote from: TigerCoin on January 22, 2014, 12:50:04 PM

Quote from: gentlemand on January 22, 2014, 12:32:02 PM

I think there's cause to panic about how close to the wind China's biggest exchange is sailing. They've had some pretty unorthodox methods to deposit and some seem to think they're faking their volume.

Having said that it seems virtually impossible to get a straightforward view of what is actually happening there. In this case the information superhighway has failed miserably.

So do Bter and Mtgox also have to abide by these rules since they are run from China?

these are not run or based in China

TigerCoin

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Quote from: gentlemand on January 22, 2014, 12:32:02 PM

I think there's cause to panic about how close to the wind China's biggest exchange is sailing. They've had some pretty unorthodox methods to deposit and some seem to think they're faking their volume.

Having said that it seems virtually impossible to get a straightforward view of what is actually happening there. In this case the information superhighway has failed miserably.

So do Bter and Mtgox also have to abide by these rules since they are run from China?

gentlemand

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Welt Am Draht

I think there's cause to panic about how close to the wind China's biggest exchange is sailing. They've had some pretty unorthodox methods to deposit and some seem to think they're faking their volume.

Having said that it seems virtually impossible to get a straightforward view of what is actually happening there. In this case the information superhighway has failed miserably.

Tirapon

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China has been co-opted by the alliance between Russia and North Korea. Putin and Kim Jong Un are taking control of the exchanges.

It has all been confirmed by reliable sources in this thread:

https://bitcointalk.org/index.php?topic=412280.220

TigerCoin

newbie

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Quote from: gentlemand on January 22, 2014, 12:09:13 PM

Wrong. They're not being closed. They're closing down channels to get your money out after that date. There are workarounds like vouchers. I'm not sure it'll last though.

Ah so that would explain the lack of panic. Hopefully they work out regulation.

gentlemand

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Welt Am Draht

Wrong. They're not being closed. They're closing down channels to get your money out after that date. There are workarounds like vouchers. I'm not sure it'll last though.

TigerCoin

newbie

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Quote from: FlyForFun on January 22, 2014, 11:57:42 AM

Quote from: TigerCoin on January 22, 2014, 11:19:57 AM

The way that I read an article a few months ago, it said that China was to completely ban Bitcoin on the 30th of January. After I saw that people were not panicking or referencing it at all, I decided to look up the news again yesterday. From what I now understand, the Chinese exchanges have been closed from deposits for a month and are coming back on the 30th?

These articles are worded pretty weirdly in my opinion, or maybe I am just missing something really obvious -.-

Could somebody please clarify the situation?

What I understand is, on 30th Jan, all chinese exchange site have to be closed down completely. I might be wrong, anybody have any idea?

Yeah it is weird because they say *until January 30th which makes no sense at all to me Huh

FlyForFun

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Quote from: TigerCoin on January 22, 2014, 11:19:57 AM

The way that I read an article a few months ago, it said that China was to completely ban Bitcoin on the 30th of January. After I saw that people were not panicking or referencing it at all, I decided to look up the news again yesterday. From what I now understand, the Chinese exchanges have been closed from deposits for a month and are coming back on the 30th?

These articles are worded pretty weirdly in my opinion, or maybe I am just missing something really obvious -.-

Could somebody please clarify the situation?

What I understand is, on 30th Jan, all chinese exchange site have to be closed down completely. I might be wrong, anybody have any idea?

TigerCoin

newbie

Activity: 42

Merit: 0

The way that I read an article a few months ago, it said that China was to completely ban Bitcoin on the 30th of January. After I saw that people were not panicking or referencing it at all, I decided to look up the news again yesterday. From what I now understand, the Chinese exchanges have been closed from deposits for a month and are coming back on the 30th?

These articles are worded pretty weirdly in my opinion, or maybe I am just missing something really obvious -.-

Could somebody please clarify the situation?

Topic: Not sure that I get what is happening on the 30th - page 2. (Read 2974 times)