on the close-down of FxBTC before all users could withdraw - page 2.

jl2012

legendary

Activity: 1792

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Quote from: zhangweiwu on May 11, 2014, 09:52:58 PM

a lot chineses news outlets are reporting bitcoin bans of other countries. one title is: 'following the lead of china, the world countries queue to desert bitcoin'

They also tell you "Chinese Internet is the freest in the world", "China has the best human right record of the world", "Without China, xxx will collapse" (replace 'xxx' with anything). Smart Chinese simply won't give a shit to this kind of propaganda. For those stupid brainwashed Chinese, their involvement in bitcoin will just make it more volatile.

YipYip

hero member

Activity: 574

Merit: 500

Quote from: Alonzo Ewing on May 11, 2014, 10:22:24 PM

Quote from: YipYip on May 11, 2014, 08:44:26 PM

Dude dont give a flying fruit cake about your CHINA problems

Us white devils are moving one...you need to sort your own shit out ..let us know when u can contribute constructively to crypto

Otherwise we have all had enough & really dont care...overthrow your repressive regime or something of that nature ...the rest is blah blah blah

Stop being an asshole. The Chinese govt is the enemy, just as all govts are the enemy, not the Chinese people.

OVER IT !!

Tell me there has been no price manipulation amongst this crisis

1) LEVERAGE
2) NO ORDER FEES
3) NO FAKE VOLUME

Yeah they are all sugar and spice and all things nice.... Undecided

Alonzo Ewing

legendary

Activity: 1040

Merit: 1001

Quote from: YipYip on May 11, 2014, 08:44:26 PM

Dude dont give a flying fruit cake about your CHINA problems

Us white devils are moving one...you need to sort your own shit out ..let us know when u can contribute constructively to crypto

Otherwise we have all had enough & really dont care...overthrow your repressive regime or something of that nature ...the rest is blah blah blah

Stop being an asshole. The Chinese govt is the enemy, just as all govts are the enemy, not the Chinese people.

zhangweiwu

sr. member

Activity: 313

Merit: 250

Quote from: jamesc760 on May 11, 2014, 09:36:41 PM

Thanks for the update, zhangweiwu!

Your insight on the ground in China is most valuable. China's decoupling from the rest of the world is a troubling event; until it's completed, we in the West must deal with what's happening over there. It looks like China Syndrome's effect on the btc price is becoming less and less each and every day.

true. i have written a article to review the china saga - it influnce is ending, so it is time for eulogy. bu it is low urgency and hence delays in publishing queue. guest writing can't be prompt like forum post...

if you like a few minutes fun: china govt is strong, media hold dim view:
a lot chineses news outlets are reporting bitcoin bans of other countries. one title is: 'following the lead of china, the world countries queue to desert bitcoin'. some reports in china are saying: the bitcoin's decoupling from the rest of the world is a troubling event, but we must move on.

jamesc760

sr. member

Activity: 448

Merit: 250

Thanks for the update, zhangweiwu!

Your insight on the ground in China is most valuable. China's decoupling from the rest of the world is a troubling event; until it's completed, we in the West must deal with what's happening over there. It looks like China Syndrome's effect on the btc price is becoming less and less each and every day.

YipYip

hero member

Activity: 574

Merit: 500

Quote from: zhangweiwu on May 11, 2014, 08:28:47 PM

can't help pointing out that I predicted the event will happen, one month ago:

possibility of insolvency of Chinese exchange FxBTC examed (they are 4th biggest in China)
https://bitcointalksearch.org/topic/possibility-of-insolvency-of-chinese-exchange-fxbtc-examed-557067

(No, I don't know if the rest are insolvent, but they have a chance to save themselves by forming a league, as they did in self-regulation, thanks to the fact that Chinese traders do not use wallets, instead they transfer coins to the most trusted one when they are worried, hence if they "help each other" a real bank run can be delayed - but, it is also a golden opportunity to take down a competitor, e.g. "Hey, Huobi just came to me saying they want a league to fight bank run! They must have a problem, let's make their plead public". FxBTC is known aloof, not working together with other exchanges, it is their bane as it turns out)

Chinese news system alread received instruction from central on what/how to report Bitcoin, whether state media secure the opportunity to paint Bitcoin black or not depends on their judgement of the noise Bitcoin made: Big noise -> paint Bitcoin black, now you see the ponzi scheme; small noice -> no report of Bitcoin allowed, let it die without much debate.

(No I don't think Bitcoin will die, but more bad news from China expected)

Dude dont give a flying fruit cake about your CHINA problems

Us white devils are moving one...you need to sort your own shit out ..let us know when u can contribute constructively to crypto

Otherwise we have all had enough & really dont care...overthrow your repressive regime or something of that nature ...the rest is blah blah blah

zhangweiwu

sr. member

Activity: 313

Merit: 250

can't help pointing out that I predicted the event will happen, one month ago:

possibility of insolvency of Chinese exchange FxBTC examed (they are 4th biggest in China)
https://bitcointalksearch.org/topic/possibility-of-insolvency-of-chinese-exchange-fxbtc-examed-557067

(No, I don't know if the rest are insolvent, but they have a chance to save themselves by forming a league, as they did in self-regulation, thanks to the fact that Chinese traders do not use wallets, instead they transfer coins to the most trusted one when they are worried, hence if they "help each other" a real bank run can be delayed - but, it is also a golden opportunity to take down a competitor, e.g. "Hey, Huobi just came to me saying they want a league to fight bank run! They must have a problem, let's make their plead public". FxBTC is known aloof, not working together with other exchanges, it is their bane as it turns out)

Chinese news system alread received instruction from central on what/how to report Bitcoin, whether state media secure the opportunity to paint Bitcoin black or not depends on their judgement of the noise Bitcoin made: Big noise -> paint Bitcoin black, now you see the ponzi scheme; small noice -> no report of Bitcoin allowed, let it die without much debate.

(No I don't think Bitcoin will die, but more bad news from China expected)

Topic: on the close-down of FxBTC before all users could withdraw - page 2. (Read 2651 times)