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Author Topic: It happened. You cant deposit in BTC china & OkCoin through banks now.  (Read 4557 times)
AlbertKing (OP)
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December 18, 2013, 06:03:14 AM
 #21

No money in, only out, and the coin pool size would stay the same. Imagine what does that means.

We are not talking about hours, we are talking about days of price fall off, this is just the beginning.

See BtcChina chart now, falls to RMB2,800 without a big bounce at all. Now this is very very unusual. If you are holding coins instead of fiat, God bless you.

 

Confirmed, now btcchina do not take bank deposit. So no fiat money inflow, and btc/fiat money outflow is allowed

http://ww2.sinaimg.cn/bmiddle/8025921bjw1ebnqz91khzj20c307k75e.jpg


traderCJ
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December 18, 2013, 06:06:56 AM
 #22

No money in, only out, and the coin pool size would stay the same. Imagine what does that means.

We are not talking about hours, we are talking about days of price fall off, this is just the beginning.

See BtcChina chart now, falls to RMB2,800 without a big bounce at all. Now this is very very unusual. If you are holding coins instead of fiat, God bless you.

 

Confirmed, now btcchina do not take bank deposit. So no fiat money inflow, and btc/fiat money outflow is allowed





Whoever holds through this has gigantic, planet-sized balls.  I am not that man.  See you all when China is cashed out.
johnyj
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December 18, 2013, 06:13:36 AM
 #23

It is bad for no fiat money inflow, means even if I want to buy a lot, I can not get money into the exchanges, we will have a very big divergence between btcchina and other exchanges, suggest that we take btcchina's exchange rate off the official exchange rate list, since they are essentially not an exchange any more

AlbertKing (OP)
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December 18, 2013, 06:48:45 AM
 #24

This affects every exchanges in China, it means when we retreat our funds in exchanges, you'll get back roughly where before the china rally begins. Think for yourself.

DPoS
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December 18, 2013, 06:49:27 AM
 #25

It is bad for no fiat money inflow, means even if I want to buy a lot, I can not get money into the exchanges, we will have a very big divergence between btcchina and other exchanges, suggest that we take btcchina's exchange rate off the official exchange rate list, since they are essentially not an exchange any more

very good point..  but seems many exchanges have slow money train inbox which means whales will grab all liquidity for now and sap price to nothing

~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
piramida
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December 18, 2013, 08:27:07 AM
 #26

Whoever holds through this has gigantic, planet-sized balls.

Thanks I guess, although I would prefer them to be more compact than that.

i am satoshi
AlbertKing (OP)
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December 18, 2013, 10:01:21 AM
 #27

Yes, you are finally correct, once.

See for yourself.
You donno what does opportunity means at all.

Lol, you obviously need this to stay near the top so here is a free bump for me.

Anything that could make our little Albert more happy  Grin

No tips needed.



Yeah, poor me, I'm missing so much opportunities  Grin
Bitbuy
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December 18, 2013, 10:03:40 AM
 #28

Whoever holds through this has gigantic, planet-sized balls.

Thanks I guess, although I would prefer them to be more compact than that.


Yes; same for me. Maybe more the size of a small moon?  Wink
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