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Author Topic: Big news.China central bank closed the internet transfer channel to market.  (Read 4487 times)
timmmers
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December 19, 2013, 02:08:41 AM
 #21

Thanks for the info myax.

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.Akoin













.ONE AFRICA. ONE KOIN..

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.TELEGRAM
Ludwig Von Mises
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December 19, 2013, 03:05:48 AM
 #22

I smell FUD.  No one knows what the China government will do in the future, but to date what you said is NOT true .... BTC china is still actively trading.  They have "temporarily suspended" buying bitcoin from banks in RMB.  The official statement from btcchina website (below) says they will provide alternative funding methods.

Provide a source for the claim that btcchina will shutdown by end of January?  This directly contradicts what the CEO of btcchina has said so far.  I live in china, trade on btcchina, and read all the news about bitcoin, including Chinese forums.

Regardless, the big Chinese players (eager to avoid capital controls and stash their pile of money) will always prefer local or OTC transactions, to avoid bank scrutiny.   The local option will just be more lucrative for traders like me  Smiley

Here is the official statement (and my translation):
---
Dear bitcoin China (BTC China) users: due to well-known reasons, bitcoin China (BTC China) had to temporarily freeze the recharging function, bitcoin charging, coins and currency are not affected, bitcoin China (BTC China) will continue to operate. Please continue to focus on our home page, we will provide other means of recharging. To bring you any inconvenience, we express profound apology. Bitcoin China (BTC China) 2013.12.18
---
Dear bitcoin China (BTC China) users: due to well-known reasons, bitcoin China (BTC China) had to temporarily freeze the recharging function, bitcoin charging, coins and currency are not affected, bitcoin China (BTC China) will continue to operate. Please continue to focus on our home page, we will provide other means of recharging. To bring you any inconvenience, we express profound apology. Bitcoin China (BTC China) 2013.12.18
---
FACTS:   Bitcoin China will be closed within 30 days.

Just exactly where does it say that they are closing in 30 days?


CIYAM, I said that .  I am the source  Smiley)

I came here with the news that BTC China will be down and here it is. It's down.

You said that I am bringing FUD while I told you that I am saying the truth and that you will see in 2-3 days.

Now, 2 days has passed and all I said was true. Next time, believe my words.

Do you want me to tell you who will be the next Bitcoin exchanger who will close its business? Smiley

Stay cool, it won't be before February. It's enough BTC china for now. Smiley


CIYAM
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December 19, 2013, 03:51:25 AM
 #23

FACTS:   Bitcoin China will be closed within 30 days.

Just exactly where does it say that they are closing in 30 days?


CIYAM, I said that .  I am the source  Smiley)

I came here with the news that BTC China will be down and here it is. It's down.

So two things we can gather:

1) There is no "source" to your FUD and

2) You are wrong as btcchina is NOT down at all.

Even someone claiming it will rain every day will be right "some of the time". Cheesy

For someone who claims they have no interest in BTC at all why are you so *keen* to keep pitching this "information"?

With CIYAM anyone can create 100% generated C++ web applications in literally minutes.

GPG Public Key | 1ciyam3htJit1feGa26p2wQ4aw6KFTejU
enric
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December 19, 2013, 03:55:55 AM
 #24

Seems that there a technical problem with bank wires but some exchanges are solving it.

payment processors are automatic and funds in the moment.  Bankwire has a delay of 24hours, and some  exchanges dont have yet the structure to process manually (but can solve it!) anyway two of the big chinese exchanges are currently accepting new diposits

huobi.com http://www.reddit.com/r/Bitcoin/comments/1t7gf1/huobicombank_transfer_recharge_24_hours_arrival/

chbtc.com https://www.chbtc.com/news/show-289-proclamation

So, btcchina if not get another payment processor, needs to creat a working team to process bank transfers...
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December 19, 2013, 06:57:29 AM
 #25

Btcchina has just announced on Wednesday that they was forced to stop accepting yuan-based deposits.
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