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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28521. (Read 26709447 times)

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all you need is a train pic apparently
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Jesus was a (Goddamn) hippy socialist
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Market Integration Platform
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don't get left behind, bears! woot! woot!
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http://www.reddit.com/r/Bitcoin/comments/223b4b/breaking_huobi_to_stop_3rd_party_payment_processor/

Based on the above information, taking into account current industry policy uncertainty, after consultation with the card vendors, fire currency network is scheduled at 0:00 on April 5, 2014 officially closed TOPUP. Meanwhile, the fire service recharge currency bank transfer network upgrade to 7 * 24 hours manual processing, ensuring that users quick recharge. In addition, fire RMB currency net withdrawals of business affected, bitcoins, Wright currency recharge withdrawals unaffected.




dat Google Translate tho


Buy on news?
legendary
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Wow hard times :/ Not easy to believe in BTC at the moment but there is no other way. HODL!!!
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OKCoin pause prepaid card, bank transfer prepaid cards are not affected
Dear OKCoin users:
As the third-party payment card dealer just received notification mechanism to suspend payment channel, OKCoin will be at 0:00 on April 3 before stopping prepaid card, bank transfer recharge card unaffected yuan withdrawals are not affected, to give us apologize for the inconvenience.


From google webpage translation for OKCOIN saw a reddit post didnt trust the link so I went searching on my own...more and more it looks like just these third party guys are going to be squeezed out of the chain.


Or just that their bank hasn't sent them notification yet that their main account is going to be blocked. It seems like PBoC isn't dealing with the exchanges directly, so they are just getting calls out of the blue from their providers telling them that as of tomorrow something isn't going to be working. Explains why all the exchanges are denying getting the notices - they are as much in the dark as we are

its well known that the PBOC sent these to the third party payment systems and not the exchanges...I would imagine ..that as always Chinese self censor themselves.. they don't wait for deadlines to fall in line...so the big banks holding off on letting these guys know is far fetched.
Well the banks and third parties have got until April 15th to implement. I don't think its particularly far fetched at this point to expect that there will be some more announcements before then relating to deposits to exchange's main banking accounts.

Its good in a way, at least we know the deadline for when all this nonsense will be over

They'll be in line prior to April 15th no doubt in my mind.. the question is..whether or not they're will be anything new.. this all to me is what was not to be allowed following the policy changes made in Dec 2013

People spent all of Jan saying there was an imaginary deadline to a ban hammer...they just fabricate a new reason to keep the ban hammer looming.. what is looming is the PBoC tweaking capital controls ..they know if they actually go with a full out ban then the real rush to get money into btc and out of the country is on.
legendary
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OKCoin pause prepaid card, bank transfer prepaid cards are not affected
Dear OKCoin users:
As the third-party payment card dealer just received notification mechanism to suspend payment channel, OKCoin will be at 0:00 on April 3 before stopping prepaid card, bank transfer recharge card unaffected yuan withdrawals are not affected, to give us apologize for the inconvenience.


From google webpage translation for OKCOIN saw a reddit post didnt trust the link so I went searching on my own...more and more it looks like just these third party guys are going to be squeezed out of the chain.


Or just that their bank hasn't sent them notification yet that their main account is going to be blocked. It seems like PBoC isn't dealing with the exchanges directly, so they are just getting calls out of the blue from their providers telling them that as of tomorrow something isn't going to be working. Explains why all the exchanges are denying getting the notices - they are as much in the dark as we are

its well known that the PBOC sent these to the third party payment systems and not the exchanges...I would imagine ..that as always Chinese self censor themselves.. they don't wait for deadlines to fall in line...so the big banks holding off on letting these guys know is far fetched.
Well the banks and third parties have got until April 15th to implement. I don't think its particularly far fetched at this point to expect that there will be some more announcements before then relating to deposits to exchange's main banking accounts.

Its good in a way, at least we know the deadline for when all this nonsense will be over
legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 574
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OKCoin pause prepaid card, bank transfer prepaid cards are not affected
Dear OKCoin users:
As the third-party payment card dealer just received notification mechanism to suspend payment channel, OKCoin will be at 0:00 on April 3 before stopping prepaid card, bank transfer recharge card unaffected yuan withdrawals are not affected, to give us apologize for the inconvenience.


From google webpage translation for OKCOIN saw a reddit post didnt trust the link so I went searching on my own...more and more it looks like just these third party guys are going to be squeezed out of the chain.


Or just that their bank hasn't sent them notification yet that their main account is going to be blocked. It seems like PBoC isn't dealing with the exchanges directly, so they are just getting calls out of the blue from their providers telling them that as of tomorrow something isn't going to be working. Explains why all the exchanges are denying getting the notices - they are as much in the dark as we are

its well known that the PBOC sent these to the third party payment systems and not the exchanges...I would imagine ..that as always Chinese self censor themselves.. they don't wait for deadlines to fall in line...so the big banks holding off on letting these guys know is far fetched.
legendary
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member
Activity: 88
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OKCoin pause prepaid card, bank transfer prepaid cards are not affected
Dear OKCoin users:
As the third-party payment card dealer just received notification mechanism to suspend payment channel, OKCoin will be at 0:00 on April 3 before stopping prepaid card, bank transfer recharge card unaffected yuan withdrawals are not affected, to give us apologize for the inconvenience.


From google webpage translation for OKCOIN saw a reddit post didnt trust the link so I went searching on my own...more and more it looks like just these third party guys are going to be squeezed out of the chain.


Or just that their bank hasn't sent them notification yet that their main account is going to be blocked. It seems like PBoC isn't dealing with the exchanges directly, so they are just getting calls out of the blue from their providers telling them that as of tomorrow something isn't going to be working. Explains why all the exchanges are denying getting the notices - they are as much in the dark as we are
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Spanish Bitcoin trader
Now its finally looking like a proper crash - LTC getting rekt'd, btc-e overdumping instead of juts blindly following china.

The only thing missing is the volume
I think you're reading volume the wrong way: The exchange market is very fragmented now, you need to add up the 3 largest for a proxy to what MtGox used to be for its whole history until about a year ago (90% market share).

24-hour volume is 120k in Bitstamp+Bitfinex+BTC-e: http://bitcoincharts.com/markets/

MtGox days with volume above 150k are few: http://bitcoincharts.com/charts/mtgoxUSD#rg60zigDailyzczsg2011-08-01zeg2013-04-04ztgSzm1g10zm2g25zv

Thus volume these days is actually quite large. Last thursday it was 160k by my count.

Therefore, this is the bottom. No one thinks the China blockade is a rumour anymore. Downside is exhausted.

Another thing is to look at the volume in $ terms.

Some of those days with gox with 150k of volume is when the price was like $50 or less. For the same $ amount at todays rate we would only need 19k btc volume...
That's incorrect: Volume in merchandise is a stable reference, unlike currency volume, which would need to grow with price to maintain liquidity relative to market cap.
hero member
Activity: 574
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OKCoin pause prepaid card, bank transfer prepaid cards are not affected
Dear OKCoin users:
As the third-party payment card dealer just received notification mechanism to suspend payment channel, OKCoin will be at 0:00 on April 3 before stopping prepaid card, bank transfer recharge card unaffected yuan withdrawals are not affected, to give us apologize for the inconvenience.


From google webpage translation for OKCOIN saw a reddit post didnt trust the link so I went searching on my own...more and more it looks like just these third party guys are going to be squeezed out of the chain.

legendary
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100 satoshis -> ISO code
What does Wallzilla at $400 do if it moves up from here and doesn't come back!??!

sr. member
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