Hypothesis: BTCChina is completely fake (with evidence)

[coraz]

And most compellingly

- During the crash the volume stays _THE SAME_ throughout. There is a sharp drop, but no panic selling at all! The volume is constant. This does not make any sense to me.

The main problem with this specific argument is: if they are faking volume why aren't they faking volume increases on crashes as well?

[NUFCrichard]

I can believe that someone is manipulating the market, but I can't understand why they would...

[2dogs]

I can believe that someone is manipulating the market, but I can't understand why they would...

Why not?

[Vycid]

I cannot reach btcchina, I keep getting the ddos service message.

Anyone else having this problem? I am becoming concerned, since I have funds there.

[pheaonix]

I can believe that someone is manipulating the market, but I can't understand why they would...

profit that is why

[Dodgers]

- Nobody seems to be able to access btcchina.com, yet trades are still being executed (do reply if you can reach and deposit BTC)

I trade on BCT China. No problems there. I am not in China and am not a Chinese citizen. I can deposit, trade, and withdraw. No problems. From my own experience with them, they have superb customer service.

I think you're seeing things that aren't there.

How???, I emailed them last week and they told me that I had to have a mainland China bank account in order to register.

[windjc]

- Nobody seems to be able to access btcchina.com, yet trades are still being executed (do reply if you can reach and deposit BTC)

I trade on BCT China. No problems there. I am not in China and am not a Chinese citizen. I can deposit, trade, and withdraw. No problems. From my own experience with them, they have superb customer service.

I think you're seeing things that aren't there.

How do you get money in and out of their exchange? Advice on this matter? Thanks.

[seanneko]

- Nobody seems to be able to access btcchina.com, yet trades are still being executed (do reply if you can reach and deposit BTC)

Works fine for me. I'm Australian and I've done day trading on BTCChina. No problems at all with depositing or withdrawing.

I think this is all crap for one main reason: the CEO of BTCChina is the ex-CEO of Walmart. It's not just some random inputs.io scammer.

[windjc]

- Nobody seems to be able to access btcchina.com, yet trades are still being executed (do reply if you can reach and deposit BTC)

Works fine for me. I'm Australian and I've done day trading on BTCChina. No problems at all with depositing or withdrawing.

I think this is all crap for one main reason: the CEO of BTCChina is the ex-CEO of Walmart. It's not just some random inputs.io scammer.

How are you depositing and withdrawing there?

[jubalix]

one thing I have observed is the Chinese buyer seems to refuse to sell property for less than they purchased it regardless.

I think this may translate into BTC.

[Tzupy]

I am not sure if BTCChina is fake, but it's going down, and for now Gox is not following (but may follow soon).

[seanneko]

- Nobody seems to be able to access btcchina.com, yet trades are still being executed (do reply if you can reach and deposit BTC)

Works fine for me. I'm Australian and I've done day trading on BTCChina. No problems at all with depositing or withdrawing.

I think this is all crap for one main reason: the CEO of BTCChina is the ex-CEO of Walmart. It's not just some random inputs.io scammer.

How are you depositing and withdrawing there?

I deposited BTC, not $/¥. Did a bit of trading then ran off with my profits before I fucked up and made a mistake.

[Vycid]

one thing I have observed is the Chinese buyer seems to refuse to sell property for less than they purchased it regardless.

I think this may translate into BTC.

That's garbage, that'd imply their stock markets would only go up, never down.

[jubalix]

one thing I have observed is the Chinese buyer seems to refuse to sell property for less than they purchased it regardless.

I think this may translate into BTC.

That's garbage, that'd imply their stock markets would only go up, never down.

look your right with stocks, but property, I have yet to see that fall, it just levels out or falls a really little bit for a while then climbs again.

[sickpig]

I cannot reach btcchina, I keep getting the ddos service message.

Anyone else having this problem? I am becoming concerned, since I have funds there.

try using https://btcchina.com  it should redirect to https://vip.btcchina.com/

[BitchicksHusband]

one thing I have observed is the Chinese buyer seems to refuse to sell property for less than they purchased it regardless.

I think this may translate into BTC.

Sounds great to me!  Keep buying high, my Chinese friends! 

[BitPirate]

BTCChina is real -- all the exchanges are "real" now.

However, is the volume largely people already in the game doing a big circlejerk, or is it really newcomers? And how much of the price rise can be attributed to them?

[glub0x]

Not sure if this is true or not but this makes sense.
If you have the biggest volume, you can drive the price, wich can lead a rogue admin to do this kind of scam.
Now the sr, baidu and senate thing is real so...

That being sayed the evidences are weak...

[zedicus]

http://techcrunch.com/2013/11/18/btc-china-series-a/

So its 3 guys in a garage? lol ... Just kidding.


Rock on btcchina, rock on..

 

[Xer0]

i always had a bad feeling about this