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Topic: OKPay to stop processing transfers to/from all Bitcoin exchanges - page 2. (Read 4621 times)

sr. member
Activity: 280
Merit: 250
that this OKPay withdrawal is just another part of the tactical manouevres undertaken by Government institutions to crack down on Bitcoin.  

Is there any evidence for that? or is that your TFH talking?
sr. member
Activity: 308
Merit: 250
Jack of oh so many trades.
Would the Japanese be next to hit MtGox big time (and thereby trying to hit BTC as they would like to sell you their "lovely deflationary yen" as an alternative  Undecided ? )

The Japanese don't care about bitcoin. Not enough users in Japan yet.
full member
Activity: 188
Merit: 102
Could someone offer an informed summary on OKPAY - who used it and why was it a desirable choice compared to say wire transfers?

OKpay was the easiest way to send money to BTC-e. 
legendary
Activity: 1218
Merit: 1001
Could someone offer an informed summary on OKPAY - who used it and why was it a desirable choice compared to say wire transfers?

If you live in UK and want to send money to BTCE, they insisted you use OKPay as an intermediary.  Annoyingly, when I tried it, I sent a test amount of £100 and OKPay charged 4% commission to receive it.  I'm trying to get it back now but their website has some fault.
sr. member
Activity: 411
Merit: 250
never thrusted okpay.. 
wiretransfer ftw
full member
Activity: 154
Merit: 100
Could someone offer an informed summary on OKPAY - who used it and why was it a desirable choice compared to say wire transfers?
hero member
Activity: 504
Merit: 500
legendary
Activity: 2128
Merit: 1002
Wow shocker for this Terrible Tuesday.
Anybody know the stand of the Japan Govt in dealing with Bitcoins?
newbie
Activity: 58
Merit: 0
Yikes!! indeed.

Though I don't know how much OKPay accounts for volume wise, this is again one of those nasty little developments added to the list.

I wouldn't be surprised to see -at a certain point in time, so with the benefit of hindsight, of course...- that this OKPay withdrawal is just another part of the tactical manouevres undertaken by Government institutions to crack down on Bitcoin.  Would the Japanese be next to hit MtGox big time (and thereby trying to hit BTC as they would like to sell you their "lovely deflationary yen" as an alternative  Undecided ? )

Yes, I think BTC will survive such Government crackdown, but the only question is: in what shape will it be afterwards?
We'll see.
sr. member
Activity: 308
Merit: 250
Jack of oh so many trades.
Wow. Recently options for moving money in and out of bitcoins have been shrinking. The opposite of what you would expect for an economy that is growing!

Luckily it just means more room for new entrepreneurs to get it right...
hero member
Activity: 630
Merit: 500
This hit my Facebook feed a few minutes ago:

Quote
Hello all. We've released a statement regarding OKPay's intention to stop processing transfers to/from all Bitcoin exchanges, including Mt. Gox. For all of our customers using OKPay, please take a look and understand your options: https://mtgox.com/pdf/20130528_okpay_statement.pdf

This is the status for the time-being, but we're hoping for positive developments in the future.

Yikes.
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