jl2012
Legendary
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Activity: 1792
Merit: 1093
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June 04, 2014, 06:35:58 AM |
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They are using "4th party processor", i.e. recharge voucher
1st parties are the exchanges and client 2nd party is the commercial banks 3rd party is the Alipay (like Paypal)
PBoC banned 2nd and 3rd parties, so the exchanges add one more layer on top of that.
All noobs and non-believers should have sold during the capitulation. The Chinese who are buying now are those really understand the value of bitcoin.
Do they seriously think the PBOC won't ban "4th party" too, or didn't intend to ban it already? The exchange operators seem to be playing an extremely dangerous game here. The latest rumor says that PBoC is going to ban "recharge code": http://www.btcbbs.com/forum.php?mod=viewthread&tid=15521 (in Chinese) This should well explain the drop to 3756CNY (600USD) at Huobi few hours ago. The rumor says it's the Document 140/2014 of Payment and Clearing Association of China Similar rumors have been floating for a few days, but more details is given today. It's not confirmed, but I think this should eventually happen. Just FYI. I personally don't give a fuck to PBoC
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I HATE TABLES I HATE TABLES I HA(╯°□°)╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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bpnave
Newbie
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Activity: 26
Merit: 0
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June 04, 2014, 06:36:19 AM |
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I have a question someone might know the answer to: https://i.imgur.com/voSyxxf.pngthose are 3-day candles on bitcoinwisdom. When will that last candle end? Did it just start or is it about to end? EDIT: It says "2014-06-03 2:00" when you hover over it with he crosshair pointer. Seems to me that's GMT 0:00 translated to my time zone. Is that the start time of the candle time range? I believe that's the starting date, so for yours, it starts on the 3rd of June and ends on the 6th at the same time. Meaning that that candle has just started. Weird, though, since for me, it says at the bottom that it's June 2nd for that candle, meaning 2nd-5th. Either way it's at least another day or so before the next candle starts.
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freebit13
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June 04, 2014, 06:36:51 AM |
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Is Shroombot on a dumping spree?
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Davyd05
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June 04, 2014, 06:37:33 AM |
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you can set btcwisdom to universal time or it uses your local time I believe
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akujin
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June 04, 2014, 06:43:52 AM |
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Is Shroombot on a dumping spree?
No.. It's functioning perfectly... Shroombot was design to do stupid things
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fonzie
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June 04, 2014, 06:47:14 AM |
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CHINA BANS BITCOIN! GAME OVER!
"PBoC is going to ban "recharge code""
SUB 300 - SOONISH
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Timmmaahh
Member
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Activity: 98
Merit: 10
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June 04, 2014, 06:50:05 AM |
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CHINA BANS BITCOIN! GAME OVER!
"PBoC is going to ban "recharge code""
SUB 300 - SOONISH
source? otherwise just another bullshit statement..
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N12
Donator
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Activity: 1610
Merit: 1010
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June 04, 2014, 06:56:52 AM |
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The latest rumor says that PBoC is going to ban "recharge code":
Boy, what a surprise. The question is, why where the Chinese ever so naive to think it wouldn't happen?
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freebit13
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June 04, 2014, 06:59:36 AM |
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Oh, so it's China that makes up the laws for the rest of the world... I must have been living in a dream world all my life. Thanks for the info
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 04, 2014, 07:00:23 AM |
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blatchcorn
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June 04, 2014, 07:11:38 AM |
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But I thought China already banned bitcoin haha And the price is still $200 higher than a few weeks ago - not exactly game over by any means
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Hunyadi
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Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
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June 04, 2014, 07:11:47 AM |
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jl2012
Legendary
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Activity: 1792
Merit: 1093
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June 04, 2014, 07:13:15 AM |
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The latest rumor says that PBoC is going to ban "recharge code":
Boy, what a surprise. The question is, why where the Chinese ever so naive to think it wouldn't happen? As I said, I think all cowards have gone during the bear market. The remaining Chinese traders don't really care what PBoC says. For them, this probably is the last chance to buy bitcoin easily. The overhead cost will be much higher when recharge code is banned.
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magicmexican
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June 04, 2014, 07:21:31 AM |
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PBoC strikes back, part XII?
If its going to be another boring 2-3 months bear market with China fud&pump i am not even going to watch it.
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YogoH
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June 04, 2014, 07:22:51 AM |
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LOL, one post on a chinese forum and the bears come out
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akujin
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June 04, 2014, 07:27:04 AM |
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madmat
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Activity: 966
Merit: 1000
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June 04, 2014, 07:28:04 AM |
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I missed the train 1BfR1ogtjfcT3LjEWogZQjDERtxAVemwEZ You'll get a Starobrno for this tomorrow I didn't forget btw. I'm just...lazy and late Enjoy your beer! Thanks a lot for that. I am all drunk now !
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