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Title: ROR Post by: Lauda on January 30, 2014, 09:57:31 PM --- removed on request ---
Title: Re: BTC China Accepting Bank Deposits Again Post by: keithers on January 30, 2014, 10:34:12 PM This will give us a temporary spike in prices until the ban hammer comes down again
Title: Re: BTC China Accepting Bank Deposits Again Post by: MakeBelieve on January 30, 2014, 10:37:29 PM This will give us a temporary spike in prices until the ban hammer comes down again Do you think it's going to get banned again they obviously removed it for a reason so why would they ban it again? Title: Re: BTC China Accepting Bank Deposits Again Post by: Lauda on January 30, 2014, 10:53:10 PM This will give us a temporary spike in prices until the ban hammer comes down again Do you think it's going to get banned again they obviously removed it for a reason so why would they ban it again? Title: Re: BTC China Accepting Bank Deposits Again Post by: MakeBelieve on January 30, 2014, 10:54:14 PM This will give us a temporary spike in prices until the ban hammer comes down again Do you think it's going to get banned again they obviously removed it for a reason so why would they ban it again? Oh is that right so it has very high chance of actually being banned again? Sorry my mistake. Title: Re: BTC China Accepting Bank Deposits Again Post by: Cryptopher on January 30, 2014, 11:25:42 PM This will give us a temporary spike in prices until the ban hammer comes down again I'm with you on this one, something else will happen and the saga will continue. It's all part and parcel of the Bitcoin we have come to accept. Not seen much movement lately, not sure if genuine bears or the whales are plotting. Title: Re: BTC China Accepting Bank Deposits Again Post by: MakeBelieve on January 30, 2014, 11:28:28 PM In that case it will probably get banned again but won't more just keep on opening which kind of defeats the object?
Title: Re: BTC China Accepting Bank Deposits Again Post by: FandangledGizmo on January 30, 2014, 11:39:34 PM Personally I don't think China is the kind of country where BTCChina can just decide to do a 'work-around' for something like this.
I think if he's accepting deposits again, it's because he's got the all clear from the top. His explanation simply leaves the door open for them to change their mind & have him take the blame. I also wouldn't be surprised if China is being forced to counter-balance NY taking such a pro-active fast track approach to Bitcoin regulation. (The lack of clear regulation however strict/loose it might be is the main thing paralysing US Bitcoin businesses, exchanges & big financial players from moving Bitcoin forward in the US atm.) And the last thing China needs is to be sitting proudly on 10k tons of gold after the next crisis thinking it's about to be the major global player only to find the rest of the world doesn't really care because they've happily switched to using programmable money. |