BTCChina start to charge trading fees now, another sell off may be expected.

[FenixRD]

I thought they maybe had proven themselves, but I currently have a deposit going on 10+ confirmations. They quote 5 as the requirement for credit, but in my BTCChina account it still says "awaiting fund" despite THEIR OWN LINK sending me to Blockchain which shows 10 confirmations currently: https://blockchain.info/address/1M2QZepTyKXD7SH6mhWw7GL2cT4KNQE4ay (technically they send you here - https://blockchain.info/zh-cn/address/1M2QZepTyKXD7SH6mhWw7GL2cT4KNQE4ay to the Chinese version)

WTF is going on.

[emanymton]

I thought they maybe had proven themselves, but I currently have a deposit going on 10+ confirmations. They quote 5 as the requirement for credit, but in my BTCChina account it still says "awaiting fund" despite THEIR OWN LINK sending me to Blockchain which shows 10 confirmations currently: https://blockchain.info/address/1M2QZepTyKXD7SH6mhWw7GL2cT4KNQE4ay (technically they send you here - https://blockchain.info/zh-cn/address/1M2QZepTyKXD7SH6mhWw7GL2cT4KNQE4ay to the Chinese version)

WTF is going on.

btcchina is the new gox 

[FenixRD]

I thought they maybe had proven themselves, but I currently have a deposit going on 10+ confirmations. They quote 5 as the requirement for credit, but in my BTCChina account it still says "awaiting fund" despite THEIR OWN LINK sending me to Blockchain which shows 10 confirmations currently: https://blockchain.info/address/1M2QZepTyKXD7SH6mhWw7GL2cT4KNQE4ay (technically they send you here - https://blockchain.info/zh-cn/address/1M2QZepTyKXD7SH6mhWw7GL2cT4KNQE4ay to the Chinese version)

WTF is going on.

btcchina is the new gox 

Interestingly, I send from Coinbase. IIRC, BTCChina's CEO is the brother of the creator of Litecoin, who is employed by Coinbase... (small world). One of them should slap the other over the phone.

[AlbertKing]

You are wrong.
We buy bitcoins to make a profit.

the chinese were buying btc for a couple of reasons and one of them was property tax evasion
(property bought with btc  was not taxed )
but the main one was to bypass current laws on chinese citizens being restricted to moving money
out of china (its  illegal to transfer more than $50,000 out of china in a single year)


they can  claim to be speculators or whatever but i believe these reasons are more important to them
than any other reason to buy bitcoins

[AlbertKing]

I hope you guys sell at $840(the price when I write this) and buy back at $720(the price 5 hours later), that's a 17% ROI.

a rumor/speculating post is just for this kind of effect I guess.

For those who dont give a F about profit, well my hat's off to you.

Tipping Address:
188vSXijbqQGzBRXNzJzvF1U9bgBPRPpiN

[CoinCidental]

You are wrong.
We buy bitcoins to make a profit.

the chinese were buying btc for a couple of reasons and one of them was property tax evasion
(property bought with btc  was not taxed )
but the main one was to bypass current laws on chinese citizens being restricted to moving money
out of china (its  illegal to transfer more than $50,000 out of china in a single year)


they can  claim to be speculators or whatever but i believe these reasons are more important to them
than any other reason to buy bitcoins

you can speak for every single  chinese person whos ever bought BTC's ?

[AlbertKing]

You may feel it arbitrary but I'm just trying to tell you the truth, it's hard to get the idea if you don't actrually live here.

You are wrong.
We buy bitcoins to make a profit.

the chinese were buying btc for a couple of reasons and one of them was property tax evasion
(property bought with btc  was not taxed )
but the main one was to bypass current laws on chinese citizens being restricted to moving money
out of china (its  illegal to transfer more than $50,000 out of china in a single year)


they can  claim to be speculators or whatever but i believe these reasons are more important to them
than any other reason to buy bitcoins

you can speak for every single  chinese person whos ever bought BTC's ?

[FenixRD]

I hope you guys sell at $840(the price when I write this) and buy back at $720(the price 5 hours later), that's a 17% ROI.

a rumor/speculating post is just for this kind of effect I guess.

For those who dont give a F about profit, well my hat's off to you.

Tipping Address:
188vSXijbqQGzBRXNzJzvF1U9bgBPRPpiN

I tried to dickhead, but your goddamn exchange, BTCChina ate my BTC for the duration of the drop...

("dickhead" is jokingly, btw. I'm with you, all I wanted was to make my damn 17% or so; anytime I can increase my holdings of BTC I'm happy)

[AlbertKing]

Yes sometimes it's very slow to inject your coins. Better prepare it before the show even start.

I hope you guys sell at $840(the price when I write this) and buy back at $720(the price 5 hours later), that's a 17% ROI.

a rumor/speculating post is just for this kind of effect I guess.

For those who dont give a F about profit, well my hat's off to you.

Tipping Address:
188vSXijbqQGzBRXNzJzvF1U9bgBPRPpiN

I tried to dickhead, but your goddamn exchange, BTCChina ate my BTC for the duration of the drop...

("dickhead" is jokingly, btw. I'm with you, all I wanted was to make my damn 17% or so; anytime I can increase my holdings of BTC I'm happy)