CEO's of China megacorps are converting to Bitcoin and fleeing the country

[Bitcoinpro]

First there is no evidence but only speculation about btc being used to flee.

Second, the funny thing about this is i've warned the community many times regarding Chinese business ethics. Yet many ppl here ignored and even voted for BIP that let Chinese miners have power to dictate bitcoin protocol rules. Most even look up to Chinese Btc exchanges like they're even contributing any thing to Bitcoin.

Bitcoin's future in my eyes is very questionable.

 there are stories about bitcoin n capital controls,  u are allowed to own btc in

China, but the fact it is still illegal is bizarre, and i am being trolled by people

on the books pretending to play dumb,

[eddie13]

This is one of the best theories I've come across yet that attempt to explain the recent pumps..

[medUSA]

state media report that the executive has been caught up in a government investigation, into insider dealing or bribery, for example. Few details are ever revealed.

The article never mentioned bitcoin. It said that the missing persons could be caught up in an investigation. So they might be jailed to aid investigation, not fleeing the country with bitcoin.

[equator]

The link in which the story of china megacorps are converting to bitcoin is no where which states that the missing high profile peoples are fleeing the country with bitcoins. OP is just wanted to create some post for signature campaign. the story in link is related to missing of high profile persons are related to their investigation of false doing after they are taken for investigation and they never turned back.

This thread is just misguiding the story link with bitcoin, but when their is nothing about it.

[Bit_Happy]

Nothing but speculation and guessing

So how many Chinese CEO's need to "convert to Bitcoin and flee the country" before a massive wave of investors create a global Bitcoin mania? 

[Bitcoinpro]

Nothing but speculation and guessing

So how many Chinese CEO's need to "convert to Bitcoin and flee the country" before a massive wave of investors create a global Bitcoin mania? 

its already started, somebody must be offering to facilitate the coin for them and set them up at a later stage

with house car and a new identity most likely in Australia,, couldn't really see anywhere else worth going, maybe a

gaded community or the caymen islands

[sanas]

This is one of the best theories I've come across yet that attempt to explain the recent pumps..

Do you see the pump in China and dump in the West? if the rich Chinese just want to get capital out of China, the price reaction is neutral.

[WestHarrison]

This is one of the best theories I've come across yet that attempt to explain the recent pumps..

Do you see the pump in China and dump in the West? if the rich Chinese just want to get capital out of China, the price reaction is neutral.

Still interesting possibilities for arb bots.

[Kprawn]

Even though there are no substance and evidence that this is happening, we cannot simply discard it as fud. We know China has capital controls in place and Bitcoin can be

to circumvent it in some way. It was also rumored that corrupt government employees from China are using the same method to shift these bribes. The thing is, if this is

happening... most of the Bitcoin community do not support this kind of actions and the majority of them use it for legal activities. Let's just be responsible with the kind of

information we are spreading. 

[BillyBobZorton]

First there is no evidence but only speculation about btc being used to flee.

Second, the funny thing about this is i've warned the community many times regarding Chinese business ethics. Yet many ppl here ignored and even voted for BIP that let Chinese miners have power to dictate bitcoin protocol rules. Most even look up to Chinese Btc exchanges like they're even contributing any thing to Bitcoin.

Bitcoin's future in my eyes is very questionable.

 there are stories about bitcoin n capital controls,  u are allowed to own btc in

China, but the fact it is still illegal is bizarre, and i am being trolled by people

on the books pretending to play dumb,

It's not entirely illegal but its regulated. As far as I know, you can get in trouble if you BTC, but not if you make it throught other ways, then the goverment cant know anything about your BTCs.

[foggyb]

Nothing but speculation and guessing

So how many Chinese CEO's need to "convert to Bitcoin and flee the country" before a massive wave of investors create a global Bitcoin mania? 

Lol, that is the first thought I had when I read the headline. Fleeing CEO's create the next big rally. Maybe Donald Trump or George Soros wants to flee as well?

[sanas]

The bitcoin price dropped now. Does it indicate the CEO from Chinese companies are selling the coins after they fled China?