Bitcoin Forum

Economy => Speculation => Topic started by: yomofo on April 29, 2014, 04:30:36 PM



Title: 2 more Chinese banks/payment services bans all btc related accounts 4/29/14
Post by: yomofo on April 29, 2014, 04:30:36 PM
another chinese bank announces bitcoin account ban
http://www.chinabank.com.cn/info/index_article.jsp?id=75[2

Quote
Internet Banking Online - Statement on the Prohibition of the payment services company for bitcoin transactions
2014-04-29 

chinese payment service announces bitcoin account ban
http://www.ecpss.cn/new/news/news_07.htm

Quote
Declaration on the Prohibition of the payment services company for bitcoin transactions


Title: Re: 4/29/14 2 more Chinese banks/payment services bans all btc related accounts
Post by: sgbett on April 29, 2014, 04:31:57 PM
im so afraid of this news that I have shorted all the bitcoins, by leveraging my alt coin holdings.


Title: Re: 2 more Chinese banks/payment services bans all btc related accounts 4/29/14
Post by: y3804 on April 29, 2014, 05:37:15 PM
Very late, News released 9 hours ago!


Title: Re: 2 more Chinese banks/payment services bans all btc related accounts 4/29/14
Post by: zby on April 29, 2014, 05:44:47 PM
Very late, News released 9 hours ago!

So that was probably the reason of the recent Chinese dump.


Title: Re: 2 more Chinese banks/payment services bans all btc related accounts 4/29/14
Post by: Ultros on April 29, 2014, 05:46:44 PM
Market's reaction is barely palpable.

http://i582.photobucket.com/albums/ss263/neilkitt/care-o-meter.gif


Title: Re: 2 more Chinese banks/payment services bans all btc related accounts 4/29/14
Post by: gagalady on April 29, 2014, 06:04:01 PM
Exactly, my "care-o-meter" is at 0. How mant more of these we will have 1,5,7? They will end some day.


Title: Re: 2 more Chinese banks/payment services bans all btc related accounts 4/29/14
Post by: jamesc760 on April 29, 2014, 06:14:17 PM
Move along, nothing to see here!


Title: Re: 2 more Chinese banks/payment services bans all btc related accounts 4/29/14
Post by: leopard2 on April 29, 2014, 07:16:29 PM
we need a YAWN smiley

sorry Shorties you won't get those $10 coins again, better get some for 400 before the next wave  :D

Chinese won't help you withdraws are blocked, how SUPER STUPID would they have to be now to dump for lame RMB, they will hold on to the coins they have ! Soon black market prices in China will be 30% over Stamp  ;)


Title: Re: 2 more Chinese banks/payment services bans all btc related accounts 4/29/14
Post by: counter on April 29, 2014, 07:45:26 PM
Always nice to see people not panicking.  Hopefully this news makes more Chinese bullish


Title: Re: 2 more Chinese banks/payment services bans all btc related accounts 4/29/14
Post by: spazzdla on April 29, 2014, 07:48:53 PM
Always nice to see people not panicking.  Hopefully this news makes more Chinese bullish
I have a feeling China is going to step up their FUD level.. watch out for some real bad FUD soon.


Title: Re: 2 more Chinese banks/payment services bans all btc related accounts 4/29/14
Post by: YipYip on April 29, 2014, 10:22:15 PM
we need a YAWN smiley

sorry Shorties you won't get those $10 coins again, better get some for 400 before the next wave  :D

Chinese won't help you withdraws are blocked, how SUPER STUPID would they have to be now to dump for lame RMB, they will hold on to the coins they have ! Soon black market prices in China will be 30% over Stamp  ;)

Dude u have hit the nail soo on the head ...AGreed china ban should be a bullish signal is the real relity of it all  8)



Title: Re: 2 more Chinese banks/payment services bans all btc related accounts 4/29/14
Post by: hellscabane on April 29, 2014, 10:41:46 PM
It's okay, other "markets" will fill the void of less banks. Whether they are through "illicit" means can be saved for another conversation. In either case, things still look positive.

Besides, banks are messed up institutions in a different sense. Although bitcoin benefits from further adoption, being adopted by the banks of China is not a necessity by any means.


Title: Re: 2 more Chinese banks/payment services bans all btc related accounts 4/29/14
Post by: UnDerDoG81 on April 29, 2014, 11:10:54 PM
Always nice to see people not panicking.  Hopefully this news makes more Chinese bullish
I have a feeling China is going to step up their FUD level.. watch out for some real bad FUD soon.

 :D maybe new FUDīs will come that they have hacked the code, invented BTC stealing trojan worms or nuke BTC... They do everything to get cheap coins... I know, without the Chinese we would never have seen $1200 coins but it would be way healthier for Bitcoin without them greedy Chinese...


Title: Re: 2 more Chinese banks/payment services bans all btc related accounts 4/29/14
Post by: bitcoinsrus on April 29, 2014, 11:13:46 PM
Always nice to see people not panicking.  Hopefully this news makes more Chinese bullish
I have a feeling China is going to step up their FUD level.. watch out for some real bad FUD soon.

 :D maybe new FUDīs will come that they have hacked the code, invented BTC stealing trojan worms or nuke BTC... They do everything to get cheap coins... I know, without the Chinese we would never have seen $1200 coins but it would be way healthier for Bitcoin without them greedy Chinese...
+1