Bitcoin Forum

尊敬的火币网用户：

      火币网最新信息：
      今天上午10时左右接到工行中关村支行客户经理通知，接到上级运行管理部的通知，要求停止工行为火币网提供服务，在4月18日前完成火币网工行账户的销户。

      上午10点30分左右，火币网几位合伙人赶到工行中关村支行，与支行的客户经理当面沟通了解情况。
情况如下：
      1）确实接到工行上级通知，要求停止火币网在工行中关村支行的账户，限期为4月18日；
      2）通知为口头通知，支行未接到任何书面文件；
      3）问到其他行为什么没有发通知，答称可能不同银行对政策的解读不一样，敏感度也不一样；
      4）问有没有回旋余地，答称没有，因为是上级通知，不是商量；
      5）问到如何处理用户的后续资金管理，答称可以把资金转移到其他商业银行，但是工行肯定是不可以了。

      其中，还向客户经理请教了对于这次比特币政策的看法以及其他相关事情，但因均是个人观点不代表工行的立场也与火币网直接业务关系不大，不在本通知中一一说明。

      上午12点，赶回公司发公告。发公告之前，未向任何用户或组织提前透露该信息，请广大用户监督。

      火币网将于下周一（4月14号）正式停止使用工行中关村支行账户充值和提现(用户工商银行帐号提现不受影响，我们将使用其他银行跨行转账到您的工行账户中)，目前为止其他银行暂时还不受影响，有最新消息火币网将在第一时间发布。
  

      火币网运营部
      2014/04/10

Wow it's the 47th time the same news is reiterated. It just keeps coming out again and again, and every time it's sell off time.

I'm buying as much as i can, if it drops below 250$ by then i will be 100% in BTC.

TY monkeys for selling as low as 400$ see you again on 5 digits bye bye!

Fortunately there is plenty of good news in other countries, and only a limited number of BTC will ever exist.  :)

This ban doesn't mean a large amount of BTC is confined inside China. "Strong hands" in China are buying now so they can dump later on international exchanges. That'll be real diaster.

I'll answer that with a quote from BTC-e trollbox live:
"I guess once china is out, America can really control crypto... we become the number 1 player once again.. and with wall street buying in, I really don't see this as a bad thing." (user: SatoshiNakaMario:)

Bye China, you were fun for a while...

It is only one bank, it says their other banks are not affected.

4 post account newb.

Where has that new purgatory gone, we need to keep them there, to get more signal less noise.


3) order received through spoken word directly; no paper trail

FUD...and who cares any more.....its been the nth time this thread has been run. If people haven't priced this in by now...well then that just bad luck.

Feels like the 547th time the same news is reiterated.
The price we pay for having had a China Bubble?
Fortunately there is plenty of good news in other countries, and only a limited number of BTC will ever exist.  :)

Yawn
Old news is old.
Soon the market will no longer respond to China.

Did you see this?
Major French Supermarket Chain to Accept Bitcoin
https://bitcointalk.org/index.php?topic=563444.0

Ya you mean  21,000,000,000,000,000 units.  Isn't that a lot? Just saying the scarcity argument has been debunked.

You have to learn that the community reacts much more to bad news than good news :(

It's your choice to believe a 4 posts user or not, but i guess you can't ignore official website of Huobi:
http://www.huobi.com/news/index.php?a=show_notice&id=303

Before the China bubble, BTC was trading at $400 levels. China took it to $1,200. Now Gox has taken BTC back to $400. Have to see how much lower China will take it now.  :(

Gox + partly China got it down to 400. Dont forget that we had 2 of this news until now and both time price dropped.

The scarcity argument has been debunked only in terms of "will there be enough BTC to use as money".

No it hasn't been "debunked" in terms of rarity.
If you want to own 1 whole BTC, the price will probably be much higher in the future.

That is temporary:
When the Bear cycle ends the market will react strongly to good news, and often shrug off the bad.

Can't believe this thread caused somebody to dump his coins violently dropping the price to ~$415.

I'll answer that with a quote from BTC-e trollbox live:
"I guess once china is out, America can really control crypto... we become the number 1 player once again.. and with wall street buying in, I really don't see this as a bad thing." (user: SatoshiNakaMario:)

Bye China, you were fun for a while...

How will it go if China is out! It might be back to 100 again!!!

At $407 now...
Well, sell if you are scared, but it will simply drop then recover.
Wait, don't sell, or you will make the price plummet even more xD

I sold most of my coins 2 weeks ago at 500 range when the rumor first appeared. I just want to wait till 15th to see how things would go and how deep the price would drop, then buy back.

Before the China bubble, BTC was trading at $400 levels. China took it to $1,200. Now Gox has taken BTC back to $400. Have to see how much lower China will take it now.  :(

Gox + partly China got it down to 400. Dont forget that we had 2 of this news until now and both time price dropped.

Would love to see it hit $10 and stay there for about six or more months.

It would purge the weak hands and wannabes.

The December 2011 crash to less than $2.00 was awesome for buying!


~BCX~

Dear fire coins network users :

      Fire currency net latest information :
      Today around 10:00 Zhongguancun Branch of ICBC received notification client manager , received notice of higher operation and management department , fire behavior to stop working currency network to provide services to complete the sales currency net household fire ICBC account in April 18 .

      10:30 or so, fire a few coins network partner arrived at Zhongguancun Branch of ICBC , the branch manager of client face to face communication to understand the situation .
Follows :
      1 ) ICBC superiors did receive a notice to stop the fire coins Network account Zhongguancun Branch of ICBC , the deadline is April 18 ;
      2 ) notify the oral notification , Branch not received any written document ;
      3 ) asked what other acts did not send a notice replied that the policy may be interpreted in different banks is not the same , the sensitivity is not the same ;
      4 ) There is no leeway asked , replied that no , because it is superior notification , not consultation ;
      5 ) asked how to handle the user's subsequent capital management , replied that the funds can be transferred to other commercial banks , but ICBC is definitely not it.

      Among them, also to ask the client manager for the Bitcoin policy views and other related things , but are the personal views do not represent the position of the bank is also little direct business relationship with the fire currency network , not the one described in this notice .

      12:00 , sent back to the company announcement . Prior to the announcement issued not earlier disclose that information to any user or organization, the majority of users supervision.

      Fire currency network will be next Monday ( April 14th ) officially stopped using ICBC Zhongguancun Branch account recharge and withdrawals ( user ICBC account withdrawals are not affected, we will use other bank fund transfer to your ICBC account ) , so far other banks temporarily affected, the latest news will be posted net currency of fire for the first time .
  

      Fire coins Network Operations
      2014/04/10

This is all temporary.

Everyone is hoping so. We need some big news. I am afraid that if there is no positive news about the BTC in the very recent future, then we'll see the exchange rates dropping to $200.

This is all temporary.

I bought my coins when BTC was going at $15 a piece. And I am not selling unless BTC reaches that mark again.  ;D

Ya you mean  21,000,000,000,000,000 units.  Isn't that a lot? Just saying the scarcity argument has been debunked.

Everyone is hoping so. We need some big news. I am afraid that if there is no positive news about the BTC in the very recent future, then we'll see the exchange rates dropping to $200.

I hope that this will also cause Chinese ASIC manufacturers to switch from making ASICs to widgets - so that the difficulty can stabilise a bit.

my opinion:
on the 14th a business changes bank account, with no impact on deposits or withdrawals. they then have 4 days to receive any delayed deposits that customers have sent to the old bank account. and move it to the new account. the business has access of both accounts between the 14th and 18th, and as such any customers accidentally depositing to the old account will still be credited to their exchange balance without impact.

summary:
as of the 14th, please use the new bank details for depositing, as the old details wont be accepted after the 18th.

no panic required

It seems you are still pretending this is FUD, right ?

The market can stay irrational longer than you can stay solvent.

Time for China to stand up and overthrow it's control freak of a government who are simply old rich men in suits. They are corrupt, greedy stupid, lazy, fat, murderers- the Chinese government need to FINISH. They take Chinese freedom away with propaganda's commy lies since young children, they blind the Chinese with falsehoods since babies and let them be poor. See, freedom is come for a price you need to earn it and that is to say, China must turn it's guns on it'self, in particular, Beijing must die.

Is bitcoin doomed because of this? or is this just another bump in the road?

Is bitcoin doomed because of this? or is this just another bump in the road?

So china is out of btc for now. Is that why btc price so low

I am at a large wide-screen monitor and that looks great.  :)

What is interesting is that the stock market had it's worst drop today since 2011. Awfully big coincidence me thinks!

make a shirt  ;)

More news from china. Surely btc will survive.

Don't get it! how will moving overseas and incorporating offshore help Chinese bitcoiners?

Exchanges overseas accounts IBAN/SWIFT will be blacklisted??

It's like trying to fund Bitstamp from your Australian bank, they won't process it.

http://www.coindesk.com/chinese-bitcoin-exchanges-prepare-to-move-operations-overseas/

For example, if BTC China has an account in the UK, China cannot ban that.
Simple enough.

on the flipside, no chinese could buy one bitcoin through this uk-account

You would have to do international transfers.

afaik chinese are not allowed to do international transfers

at least no yuan goes out of china without government permission

afaik chinese are not allowed to do international transfers
at least no yuan goes out of china without government permission

What sort of a stone age country is China? Is it possible of a mainland Chinese to travel to Hong Kong, carrying some cash which could be converted to Bitcoins there?

What sort of a stone age country is China? Is it possible of a mainland Chinese to travel to Hong Kong, carrying some cash which could be converted to Bitcoins there?

You said it.  Makes sense they won't let the people even have internet. If they allowed that, they might start thinking too much.

What the heck do you mean by "they won't let the people even have internet"??? This isn't North Korea. China just banned facebook, twitter, google and other sites. The internet is much more than that.

Even Google is banned in China. That is almost like banning the entire internet. And they have got millions of spies to see which sites their citizens are visiting. Definitely not an ideal situation.

Here ya go: http://www.zazzle.com/everything_is_going_to_b_ok_bitcoin_shirt-235527514148983304

https://www.evernote.com/shard/s91/sh/6099bbc6-ac67-419a-83b8-e15982abeefd/52316a5a121b8a49130de4ca2d365ac2/deep/0/Everything-is-Going-to-B-OK-Bitcoin-Shirt-from-Zazzle.com.png (http://www.zazzle.com/everything_is_going_to_b_ok_bitcoin_shirt-235527514148983304)

The price will not be so crazy anymore,since China contribute the largest daily turnover.