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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30987. (Read 26711345 times)

full member
Activity: 126
Merit: 100
Bottom: When china is awake...., and a low has been reached..... stage two rebound. from 3251 - current 3670, almost as if the dumb china have sold, while smart held and are buying. almost how the rest of the world loses on BTC everyday... imagine that
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
Wait a second a communist country with the  firewall of china blocking facebook, youtube, twitter etc... Has two different currencies (CNY CNH)  for mainland and others, and only allows their citizens to withdraw $50k a year out of the country didn't embrace a revolutionary free currency it cannot control with open arms?!?! No way!!! Although to be fair i expected it to be a bit further in the game
hero member
Activity: 658
Merit: 500
without deposits coming in and withdraws still going out, BTCChina will become the opposite of gox and always be 2-5% lower?
or btcchina crashes to zero?

this gana be weird.....

they should just halt trading and give everyone their monies back, but they wont do that, so this is gana be weird....

WTF? where did you get this FUD?

BTCchina users have already said bank withdraws still work...

Only the specified payment networks are no longer available...

This is why you should just lock this damn thread. All FUD and BS.


the news was saying withdraws will still work but deposits will stop

no?

No from what i read the "news" (not even a news but rumours), after Chinese New Years all institutions will halt business with btc exchange awaiting for rules and regulations.

3rd Party payment network decide to stop on their own.
hero member
Activity: 658
Merit: 500
Has there been any actual official confirmation of this last round of news from China? I just read a thread that said it is all rumors based on an unauthenticated online post that isn't online anymore...

No official announcement.... it all started from a Weibo post (Twitter-copycat)
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
without deposits coming in and withdraws still going out, BTCChina will become the opposite of gox and always be 2-5% lower?
or btcchina crashes to zero?

this gana be weird.....

they should just halt trading and give everyone their monies back, but they wont do that, so this is gana be weird....

WTF? where did you get this FUD?

BTCchina users have already said bank withdraws still work...

Only the specified payment networks are no longer available...

This is why you should just lock this damn thread. All FUD and BS.


the news was saying withdraws will still work but deposits will stop

no?
hero member
Activity: 658
Merit: 500
without deposits coming in and withdraws still going out, BTCChina will become the opposite of gox and always be 2-5% lower?
or btcchina crashes to zero?

We still have no proof that BTCChina is shutting down, correct?

Here are the possibilities as I see them:

1.  All yuan transfers to BTCChina are banned.

2.  Only 3rd-party payment processor transfers are banned.  That is, you are still permitted to deposit and withdraw to/from BTCChina using your bank account.  (This change was made so that China could keep a better track of capital flows for AML purposes.)

3.  This is all FUD and nothing has changed.

I vote for number 2. Going thro banks is the best way to control capitals (or thats how the CCCP think).... until they realise the mining economy behind bitcoin. They're gonna ban mining too? like how they "banned" facebook and google?

LOL

full member
Activity: 126
Merit: 100
Pressure building for a rally. Buy cheap coins while you still can. Litecoins for 20 buck is a steal bought 120@ 20.09
hero member
Activity: 658
Merit: 500
without deposits coming in and withdraws still going out, BTCChina will become the opposite of gox and always be 2-5% lower?
or btcchina crashes to zero?

this gana be weird.....

they should just halt trading and give everyone their monies back, but they wont do that, so this is gana be weird....

WTF? where did you get this FUD?

BTCchina users have already said bank withdraws still work...

Only the specified payment networks are no longer available...

This is why you should just lock this damn thread. All FUD and BS.
legendary
Activity: 1162
Merit: 1007
without deposits coming in and withdraws still going out, BTCChina will become the opposite of gox and always be 2-5% lower?
or btcchina crashes to zero?

We still have no proof that BTCChina is shutting down, correct?

Here are the possibilities as I see them:

1.  All yuan transfers to BTCChina are banned.

2.  Only 3rd-party payment processor transfers are banned.  That is, you are still permitted to deposit and withdraw to/from BTCChina using your bank account.  (This change was made so that China could keep a better track of capital flows for AML purposes.)

3.  This is all FUD and nothing has changed.
newbie
Activity: 35
Merit: 0
I am not comfortable with any recovery that follows action on btcchina.
+1
hero member
Activity: 616
Merit: 500
Firstbits.com/1fg4i :)
Has there been any actual official confirmation of this last round of news from China? I just read a thread that said it is all rumors based on an unauthenticated online post that isn't online anymore...
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
without deposits coming in and withdraws still going out, BTCChina will become the opposite of gox and always be 2-5% lower?
or btcchina crashes to zero?

this gana be weird.....

they should just halt trading and give everyone their monies back, but they wont do that, so this is gana be weird....
hero member
Activity: 658
Merit: 500
So its noon over in China..... still no official announcement.... ?

Why?


govt. insiders still loading up

Loading up? you mean buying cheap coins ? Then announce... its all FUD and their only official stand was already announced weeks ago?
Actually sound very probable.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
So its noon over in China..... still no official announcement.... ?

Why?


govt. insiders still loading up
hero member
Activity: 658
Merit: 500
So its noon over in China..... still no official announcement.... ?

Why?
hero member
Activity: 728
Merit: 500
I am not comfortable with any recovery that follows action on btcchina.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
hero member
Activity: 658
Merit: 500
Anyone else find it ironic that we have the GreatWall of China on Gox?

Yeah.... that wall says " FCK YOU CHINA"
hero member
Activity: 592
Merit: 500
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
nice to have a decent ta in here for chance

Goat has a gift for TA. It's his thing.

who wants to sign up for my weekly news letter?   Grin

"goat gab"

sign me up
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