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Author Topic: Tomorrow, All Chinese Exchangers are going to shutdown  (Read 658 times)
JanpriX
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October 30, 2017, 10:25:48 PM
 #21

Thanks for the warning, mate. Honestly speaking, I don't know what's currently happening with China. To be precise, I don't care anymore. They're just doing what they want and doesn't even care to the well-being of the cryptosphere.

You are correct in your warning that anyone who would dealing with exchanges related to China should take a considerable amount of risk assessment first. They are risking their money to be taken by the Chinese government when they feel to do it. My advice, don't involve yourself with them anymore. You can trade to other exchanges available out there that are less riskier.

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pugman
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October 31, 2017, 05:03:17 AM
 #22

1/11/2017 is the dead line given by China authority, major Chinese Exchangers are going to shutdown tomorrow.
Any one telling you something is re-opening in China or China gov is secretly allowing crytos trading or Chinese unicorn is farting out new exchangers, are fudders.

okcoin.cn:
"从10月31日24时起,OKCoin币行(www.okcoin.cn)将停止人民币和比特币交易,大家可以随时提现人民币至自己的银行卡;对于数字资产,大家也可以提现至其他平台或钱包。"
"from 31/10 24:00 okcoin.cn stops CNY/BTC trading, go withdraw now!"

huobi.com:
"公告:关于火币网(www.huobi.com)10月31日停止交易的公告"
"huobi.com stop trading after 31/10"

btcchina.com:
"2. 比特币中国将按照9月14日公告所示,准时在9月30日中午12:00关停一切交易,包括人民币和数字资产的交易,以及币币交易;
3. 平台数字资产及人民帀的最终提现截止时间为10月30日中午12:00;用户如不想保留数字资产,请尽快兑换成人民币再进行提现;"
"Last warning, deadline for you to withdraw is 30/10 mid 12:00"

Some of these exchangers recently registered aboard with new domains trading USD Tether/BTC pairs, they don't accept CNY deposit nor Withdrawal, they might not even accept clients from China and US. in fact, they can't even accept USD deposit directly, that's why they go for Tether. such as:
huobi.pro by huobi.com
okex.com and okcoin.com by okcoin.cn
etc..

Remind everyone here, these fake foreign exchangers are operating under the same people in China, China gov can raid them over night. be caution trading on any of them. tether.to is also risky to be cracked down by the US authority just like btc-e code, using ".to" domain to get away from domain seizing by FBI & VeriSign is good but that's not enough, use it at your own risk.





Didn't huobi say goodbye to crypto world yesterday? I read a article saying that huobi has officially withdrawn all it's relationships with crypto world. Was it a fake article? Damn I hate those.
Btw there might be a slight possibility of trading back in China but it's not official yet on if the government is ready for it or not. These fake exchanges look scary,and today is Halloween as well. Hopefully no one becomes a victim of these sites.

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November 02, 2017, 10:00:02 AM
 #23

They already do this before and they are planning to  try this again.. hope this is just a fake news since i still don't see any news outside of this forum .. if we see big news again posted by trusted news blog that is our signal that the price will huge drop again..
Well i think we don't need to be worry if they close exchanges again in china since we already experience this before i think it will be still the same result in the end.  So we don't need to be worry instead focus on investing more bitcoin for coming fork in november.
First, we have to know that the news is based on reality or it is just speculation and for example if it happened, so what, what they can do bad with bitcoin.  I think Chinese will suffer from this of his act of China because bitcoin is still increasing and people are investing more in bitcoin and on daily basis involvement of people are increasing.

You are right that it is the second time of china to ban exchanges in her country but later on china reopen the exchanges again and this time china will again reopen it.

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