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Title: [2014-04-10] Bitcoin Price Plummets as China Moves to Further Restrict Bitcoin Post by: Ripdon007 on April 10, 2014, 10:18:08 PM https://coinreport.net/bitcoin-price-drops-china-restrict-btc/
Quote Recent drop in Bitcoin prices is due to the Chinese Bitcoin exchanges receiving notifications from their respective banks saying that they must close their accounts. However, it is important to note that the PBOC has yet to make an official statement. As for now, one thing is clear: Bitcoin is not banned in China. Price reaction shows people are panicking for sure... time to buy? or wait till after the 15th??? thoughts? Title: Re: [2014-04-10] Bitcoin Price Plummets as China Moves to Further Restrict Bitcoin Post by: vitarian on April 10, 2014, 10:31:01 PM buy a little now, a little on the 14th, a little on the 15th, and some more on the 16th.
Title: Re: [2014-04-10] Bitcoin Price Plummets as China Moves to Further Restrict Bitcoin Post by: LiteCoinGuy on April 10, 2014, 11:42:06 PM buy a little now, a little on the 14th, a little on the 15th, and some more on the 16th. and then we will have peace ;) Title: Re: [2014-04-10] Bitcoin Price Plummets as China Moves to Further Restrict Bitcoin Post by: notthematrix on April 11, 2014, 12:15:33 AM So what do you do , setup a local account set up a INT account , thats it.
https://vip.btcchina.com/page/notice20140328 Users Can Now Select User Account Type Home Users Can Now Select User Account Type Dear Customers, For an easier and faster CNY fund/withdraw experience, we have added a new feature requiring users to select a user account type: Mainland China account or International account. Where can I select my user account type? For all new users and existing users that have not previously traded on our exchange, a popup window will appear upon clicking “CNY Fund” and “CNY Withdraw” pages. Which user account type should I select? If you have a bank account opened in Mainland China, please select Mainland China account. Otherwise, please select International account. Please note: Once this is set, it cannot be changed. What is the difference between the two account types? Mainland China account can: Fund through: 1. Yi Jin Dong 2. Bank Transfer 3. BTCC Voucher Withdraw to: 1. BTCC Voucher 2. Bank Account International account can: Fund through: 1. BTCC Voucher Withdraw to: 1. BTCC Voucher Note: For CNY fund/withdraw assistance, please email us at voucher@btcchina.com. Are the BTCC Voucher for the two account types the same? No. The BTCC Voucher withdrew to Mainland account users cannot be funded into International account users, and vice versa. How come a popup window did not appear when I clicked “CNY Fund” and “CNY Withdraw” pages? For existing users that have made transactions and fund/withdraw CNY on our exchange will not need to select an user account type. Your user account type is set by default as “Mainland China” account. I have already selected a user account type, can I change it again? Once you have made your selection, you will not be able to change your selection anymore. If you wish to change your user account type, you can register for a new account and reselect your user account type. For further enquiries, please contact our 24/7 customer support service. BTC China Team March 28, 2014 Title: Re: [2014-04-10] Bitcoin Price Plummets as China Moves to Further Restrict Bitcoin Post by: bitbouillion on April 11, 2014, 02:41:33 AM For any price action somebody will find some news that fit.
Title: Re: [2014-04-10] Bitcoin Price Plummets as China Moves to Further Restrict Bitcoin Post by: Bit_Happy on April 11, 2014, 02:50:56 AM Buy low, Buy now.
I didn't trust "The China Bubble" when BTC was on the way up. Now I am completely finished with hearing about China. It's over, time to move on. Title: Re: [2014-04-10] Bitcoin Price Plummets as China Moves to Further Restrict Bitcoin Post by: bryant.coleman on April 11, 2014, 03:35:32 AM I didn't trust "The China Bubble" when BTC was on the way up. Now I am completely finished with hearing about China. A lot of trading is still occurring at BTC-China, with daily trade volumes averaging BTC5,000 to BTC10,000. Way less than what we had at the time of the China boom, but still very significant amounts. |