Nothing at all will happen on january 31st. Please stop talking about it

[chessnut]

I created my own private alt coin and moved all of my bitcoins into there because of how low Bitcoin will drop on January 31st.

I have also burned down my house. Just in case.

lol gimme some of those alt coins!! I dont care how much they are I need just to dump all my BTC!!

[Apostata]

RUMOR, but should be easy to confirm/deny:  A lot of banking services in PRC are very limited or completely unavailable until 2/7.

If true, I wouldn't expect much action at all out of China until 2d week of Feb.

Strange thing is Zerohedge confirmed the rumor was FALSE, however Huobi still say on their website that withdrawals and deposits will not be processed during this time

http://www.zerohedge.com/news/2014-01-26/no-there-no-stoppage-cash-transfers-china

http://www.huobi.com/news/index.php?a=show_notice&id=46

http://www.huobi.com/news/index.php?a=show_notice&id=66

Actually, as I read it, the rumor I reported is true.  The false rumor is quite a bit more ambitious in its scope.  The true part is that holiday schedules curtail banking services through the 7th.

Hmmmm...I don't know what to believe!   I think you are right, I think the Zerohedge report was specifically referring to Citibank.   

Update: Looks like Forbes took down the original article!

http://www.forbes.com/sites/gordonchang/2014/01/26/china-halts-bank-cash-transfers-2/

[ElectricMucus]

The bitcoin community thinks only payment processors, not banks are affected. But that's not the only interpretation.

http://imgur.com/c6NANbM (screenshot of live tweet)

http://coinchomp.com/2014/01/26/live-blog-north-american-bitcoin-conference-day-2/

http://www.linkedin.com/in/malcolmcasselle (profile of speaker at Miami bitcoin conference 1/26/14)

this is happening live at the Miami bitcoin conference. 

“They also said that Banks could not perform withdraws for the purpose of Bitcoin purchases, [...] that sent a chill through the bitcoin ecosystem”.

is that referring to withdrawals for bitcoin purchases at exchanges or something else?  however, it's already explicitly stated that you can not price things in bitcoin.  im starting to think this is referring to exchanges.

Malcom Casselle: “… China made it illegal to price things in Bitcoin… ”

Malcom: “So that’s the current state in china – you’re not allowed to use 3rd party payment provider, you’re not allowed to deposit money into your Bank account for Bitcoin.”

[extee]

yeah don't worry guys, china is a totally democratic country. your bitcoin investment are totally safe.
the Huobi owner will be given a medal of honor by the chinese government for circumventing their rules.

[TERA]

Looks like nothing happened.

[MatTheCat]

Looks like nothing happened.

Rome wasn't built in a day.....

.....it wasn't destroyed in a day either.

[ScrapOfCat]

Looks like nothing happened.

Rome wasn't built in a day.....

.....it wasn't destroyed in a day either.

And at this late date, either one is still a viable proposition.  Odd that.

[undeadbitcoiner]

I think 31 is passed away and FEB is on the way
Nothing Happened and Nothing will happen
If anything is to be happen then Good Thing will be happen in VC and Crypto

[piramida]

Looks like nothing happened.

Rome wasn't built in a day.....

.....it wasn't destroyed in a day either.

yeah but on 31st of january, which is in the topic of this thread, nothing happened, so your comment is a quintessence of stupid - it does not contradict the original post, it adds a useless and irrelevant historical reference, and it suggests that something bad will happen based on nothing. you would be better off to just not type anything next time if you have nothing to say.

[chessnut]

Looks like nothing happened.

Rome wasn't built in a day.....

.....it wasn't destroyed in a day either.

yeah but on 31st of january, which is in the topic of this thread, nothing happened, so your comment is a quintessence of stupid - it does not contradict the original post, it adds a useless and irrelevant historical reference, and it suggests that something bad will happen based on nothing. you would be better off to just not type anything next time if you have nothing to say.

when in Rome, do as the Romans do......

[piramida]

Looks like nothing happened.

Rome wasn't built in a day.....

.....it wasn't destroyed in a day either.

yeah but on 31st of january, which is in the topic of this thread, nothing happened, so your comment is a quintessence of stupid - it does not contradict the original post, it adds a useless and irrelevant historical reference, and it suggests that something bad will happen based on nothing. you would be better off to just not type anything next time if you have nothing to say.

when in Rome, do as the Romans do......

Well that at least adds to the conversation because it has meaning Still, it is sad watching this subforum turn into a steaming pile of crap posts. Maybe it's time to kick some roman ass!

[MatTheCat]

Well that at least adds to the conversation because it has meaning Still, it is sad watching this subforum turn into a steaming pile of crap posts. Maybe it's time to kick some roman ass!

Yeah, what we need is some gems like this: Bitcoin @ $1050

I have now entered at top of market and done quite well, although am losing now and selling at lower prices than I paid to limit damage.

Oh man I considered you to be smarter than that. You just never sell bitcoin cheaper than you bought it, because every dip is a temporary retrace. Your panic mode for bitcoin should mean "stop buying" and then when you think it stopped falling you start buying again. Any other way - and you are just robbing yourself. Can't stop you, of course, but sad to see.

lol.

[BittBurger]

Believe what you want my friend.
But the Chinese want their money out of those exchanges before the 31st .

How does it feel to be dead wrong all the time?

Loved your January 31 doomsday article too.

Stop talking.

[Elwar]

Just wait until February 31st. Bitcoin will end on that day.

[wobber]

Just wait until February 31st. Bitcoin will end on that day.

No. That's when the end starts. It will be finished on February 32nd

[piramida]

Well that at least adds to the conversation because it has meaning Still, it is sad watching this subforum turn into a steaming pile of crap posts. Maybe it's time to kick some roman ass!

Yeah, what we need is some gems like this: Bitcoin @ $1050

I have now entered at top of market and done quite well, although am losing now and selling at lower prices than I paid to limit damage.

Oh man I considered you to be smarter than that. You just never sell bitcoin cheaper than you bought it, because every dip is a temporary retrace. Your panic mode for bitcoin should mean "stop buying" and then when you think it stopped falling you start buying again. Any other way - and you are just robbing yourself. Can't stop you, of course, but sad to see.

lol.

You even bolded it but still don't understand? Sad, so sad. You sold lower, bought higher, sold lower again, inverse of an amazing trader.

[chessnut]

Looks like nothing happened.

Rome wasn't built in a day.....

.....it wasn't destroyed in a day either.

yeah but on 31st of january, which is in the topic of this thread, nothing happened, so your comment is a quintessence of stupid - it does not contradict the original post, it adds a useless and irrelevant historical reference, and it suggests that something bad will happen based on nothing. you would be better off to just not type anything next time if you have nothing to say.

when in Rome, do as the Romans do......

Well that at least adds to the conversation because it has meaning Still, it is sad watching this subforum turn into a steaming pile of crap posts. Maybe it's time to kick some roman ass!

31st has come and gone. nothing happened. this thread is history. (good call)

- 'all roads lead to Rome.'