Bitcoin Forum

Dear OKcoin users:

OKCoin Branch received a phone call to the Construction Bank: the higher authorities should be required, China Construction Bank accounts will be suspended for the OKCoin services. Subsequently, we conducted in-depth communication with the bank immediately after issuing this Announcement. Communication with the bank details are as follows:

1 Branch of the China Construction Bank to receive notice of the higher authorities, the suspension is OKCoin on the ground branch of service requirements on 4 April 18 afternoon 16 : 00 before off households.

2 This notice is oral notice, Branch not received any written document.

3 user banks Katy is not affected.

4 other banks recharge unaffected.

Details about the bank card recharge pause:

OKCoin be 4 months 18 am 10 : 00 officially stop the use of land branch of China Construction Bank account recharge, other banks temporarily affected, users mention now everything is normal, there is the latest news OKCoin will be the first Time release.

OKCoin as Bitcoin investor attention and trust of the professional trading platform, we have been proactive response program to prepare all kinds of emergencies, as far as possible to protect the interests of investors affected. We know that this notice is issued, the parties will have been severely criticized; But as a platform, we can only be impartial, timely and efficient. We all know that domestic policy adjustments Bitcoin market will certainly have an impact, but we also know that Bitcoin is a prairie in the world, and today we are "a bit of people." Currently emergency plan progress as follows:

1, OKCoin are communicating with more financial institutions, to build more recharge channels.

2, recharge code Bye recharge service agents will soon be published.

3, OKCoin overseas operations teams are helping to complete the construction technology overseas stations.

OKCoin together bits of marine launched "Bitcoin vending machines' upcoming production.

With a very heavy heart that we publish the news, before continuing 415 14 Exchange of part or all of the bank is notified cancel the account after everyone including us great pleasure to think things over, but the 17 April 10 point, we formally received the Bank of China Beijing Branch Baijiazhuang branch off households notice, after our Beijing high-level verification, we carefully released this announcement.

16:00, we received the Bank of China Beijing Branch Branch Baijiazhuang customer service phone again, the content is leading an urgent request for the cancellation of ten star treasure seize corporate accounts in their banks, a telephone recording .

Notice of suspension of bank recharge fire coins network approach

Dear fire coins network users:

    16:15 this afternoon received a branch of China Construction Bank on land client manager notification requirements should be higher line, CCB will suspend the provision of services for fire gold coins into the network. Due to the current banking policy uncertainties, we have decided to suspend the bank recharge this way (withdrawals are not affected), to be determined before making policy adjustments. Users can use the recharge card, prepaid card supports all major banks, 7 * 24 hours a timely arrival.


    Fire coins Network Operations
    2014.04.17

Western exchanges are coupled with the rates in China... so yes, you'll have to sell lower. Sorry

On a side note, I think they plan to introduce ATMs soon as another recharge channel. But soon they'll run out of options and will have to move offshore. I've been repeating this endlessly

We may hold over $500 for a couple hours, then I expect $470ish

News like this won't affect bitcoin in the slightest, except for create short-term dips in price.

...and back down we go! lol

Katy is not affected

Using China news to drop prices for a nice fat rebuy worked so well last time, why wouldn't they try it again? This is becoming rather dull and predictable.

I expected the next China ban in a month or two but 2 days after it was banned, it is banned again is ridiculous.

I expected the next China ban in a month or two but 2 days after it was banned, it is banned again is ridiculous.

I said China will not let BTC climb past $500 easily.  IMO they will continue to attempt to drive the price to sub $100(I can't see them doing it but they get an A+ for trying), when they achive their desired amount of BTC... strong hands will be rewarded.

Thank you China.   :-/

I said China will not let BTC climb past $500 easily.  IMO they will continue to attempt to drive the price to sub $100(I can't see them doing it but they get an A+ for trying), when they achive their desired amount of BTC... strong hands will be rewarded.

Go and look over the short Huobi chart over the past few days, compare it with Bitstamp, and see who kicked off every single surge of buying pressure for every single leg up of the recent price spike. Once you have done that you may want to rearrange that statement. The Chinese Bitcoin pumpers n dumpers will continue to extort and exploit this market as much as they possibly can in order to wring out maximum USD from the market. They will pump it as high as they feasibly can and crash it as low as they feasibly can, fleecing the mass of Bitcoin speculators every step of the way.

It is because China that Bitcoin even hit the heights that it hit to begin with.

It is because of China that Bitcoin spiked up $548.

It will be due to lack of organic demand that Bitcoin grinds down from here, but because if China that it flash crashes down to $200 range.

etc etc.

(and many say that much of the Chinese volume is fake)

I said China will not let BTC climb past $500 easily.  IMO they will continue to attempt to drive the price to sub $100(I can't see them doing it but they get an A+ for trying), when they achive their desired amount of BTC... strong hands will be rewarded.

Those who panic first panic best.  If you are going sell, then sell now and post buys all the way down.  If you do it right, then you will be rewarded more than "strong hands."

I don't really see Bitcoin crashing down to the $200 range, but I certainly wouldn't mind picking up some $200 coins.

I bet 99% of the people here would go all-in at those prices before climbing to a new ATH somewhere this year or early 2015.

PBOC please ban Bitcoin 934234 more times so we can scoop up those cheap coins!  ;D

Same arguments I seen when Bitcoin was trending in $800 range. Indeed, I was told firmly by various early adopter forum members that $800 Bitcoin was cheap Bitcoin and that I should buy all the "fkn Bitcoins that I fkn can", whilst Bitcoin was at the bargain basement price of $820. Bitcoin could never go below $700, $600, $500, $400 because all the Bitcoiners all over the world will be going all in to scoop up all dem cheap coins.

Go and look over the short Huobi chart over the past few days, compare it with Bitstamp, and see who kicked off every single surge of buying pressure for every single leg up of the recent price spike. Once you have done that you may want to rearrange that statement. The Chinese Bitcoin pumpers n dumpers will continue to extort and exploit this market as much as they possibly can in order to wring out maximum USD from the market. They will pump it as high as they feasibly can and crash it as low as they feasibly can, fleecing the mass of Bitcoin speculators every step of the way.

It is because China that Bitcoin even hit the heights that it hit to begin with.

It is because of China that Bitcoin spiked up $548.

It will be due to lack of organic demand that Bitcoin grinds down from here, but because if China that it flash crashes down to $200 range.

etc etc.

(and many say that much of the Chinese volume is fake)

Same arguments I seen when Bitcoin was trending in $800 range. Indeed, I was told firmly by various early adopter forum members that $800 Bitcoin was cheap Bitcoin and that I should buy all the "fkn Bitcoins that I fkn can", whilst Bitcoin was at the bargain basement price of $820. Bitcoin could never go below $700, $600, $500, $400 because all the Bitcoiners all over the world will be going all in to scoop up all dem cheap coins.

The whole China drama is ridiculous. People panicking without any solid reason.

I'm happy to see all those short-term traders leave. They never truly understood Bitcoin.


ya.ya.yo!