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Author Topic: BTC China will be closed. All Bitcoin chinese exchangers will be closed.  (Read 10043 times)
qwertyGuy
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December 17, 2013, 03:26:46 PM
 #101

Seems to me that more and more people are trying to spread FUD to move BTC price down. Yes Chinese were the catalyst for this bubble, but there is still around 190 countries, plus China just wants that funds not to be laundered. BTC will be fine

There are a lot of people who want to buy as low as possible, this is way. Any news at least bit negative can be used to spread FUD
Onews1990
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December 17, 2013, 04:35:22 PM
 #102

I think everyone just needs to calm down, while a few countries or banks may ban BTC, its not going to get banned worldwide or made illegal.
mayax (OP)
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December 17, 2013, 05:45:55 PM
 #103


This thread is about chinese exchangers not about worldwide exchangers.

My information is confirmed once again:

http://www.forbes.com/sites/kashmirhill/2013/12/17/bitcoin-crashes-as-china-cracks-down-further-on-use
RodeoX
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December 17, 2013, 05:54:47 PM
 #104

...
IMO, the banks from worldwide will ban all the Bitcoin exchangers soon(in the following months). I recommend you to sell your Bitcoin now. The rate should go down fast.
If I had a dollar for every time I ignored that kind of advice... Oh wait, I do. Because of the ignoring thing.

Thanks, but no thanks.

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Rehan
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December 17, 2013, 05:56:08 PM
 #105

How much influence does China really have on the BTC market? I guess this is a good test of whether or not BTC really is strong enough to weather these sort of market shifts.
phife
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December 17, 2013, 05:59:18 PM
 #106

I wonder how this affects BTC - EUR charts? Would this mean EUR exchanges would rise because of this or fall?

I have my own theory on both possibilities, but i'd like to hear from you guys.

I just noticed EUR prices fall almost at the same time USD prices drop.
Is this just because the market is flooded with Bitcoins and thus the prices fall?
I know BTC/EUR exchanges are very small compared to Yuan and Dollars, but still.

zuerdemon
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December 17, 2013, 06:04:44 PM
 #107

I wonder how this affects BTC - EUR charts? Would this mean EUR exchanges would rise because of this or fall?

I have my own theory on both possibilities, but i'd like to hear from you guys.

I just noticed EUR prices fall almost at the same time USD prices drop.
Is this just because the market is flooded with Bitcoins and thus the prices fall?
I know BTC/EUR exchanges are very small compared to Yuan and Dollars, but still.

BTC/EUR has to adjust as well otherwise you could do arbitrage if too different from USD/EUR rates
BurtW
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December 17, 2013, 06:52:20 PM
 #108

BTC China will close the business in China in less than 30 days. Mark my words.
This is a pretty specific claim here.  Care to bet on that?  How much would you bet on this?
Here you go.  You made this specific claim.  That would be 30 days from yesterday.
FUD master mayax, will you back your words or not?  Still waiting...

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Vod
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December 17, 2013, 07:36:31 PM
 #109

How much influence does China really have on the BTC market?

World's largest Bitcoin exchange.   Wink

I post for interest - not signature spam.
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Hypetic
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December 17, 2013, 07:55:12 PM
 #110

How much influence does China really have on the BTC market?

World's largest Bitcoin exchange.   Wink


Not for long, probably.
BurtW
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December 17, 2013, 07:56:53 PM
 #111

How much influence does China really have on the BTC market?

World's largest Bitcoin exchange.   Wink


Not for long, probably.
TWO FUCKING POSTS.  How many alts do these FUDers need anyway?  Enough to do the job I guess.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
mayax (OP)
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December 17, 2013, 07:57:51 PM
 #112

How much influence does China really have on the BTC market?

World's largest Bitcoin exchange.   Wink

It will be like a Bitcoin "earthquake". The rate will go down very fast. China is a huge market for Bitcoin and banning the exchangers is like you will cut the wings to a bird.It will still live but... Smiley
BurtW
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December 17, 2013, 08:00:59 PM
 #113

How much influence does China really have on the BTC market?

World's largest Bitcoin exchange.   Wink

It will be like a Bitcoin "earthquake". The rate will go down very fast. China is a huge market for Bitcoin and banning the exchangers is like you will cut the wings to a bird.It will still live but... Smiley
Hot air?  Plenty.
Spine?  None.

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dopey
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December 17, 2013, 08:03:49 PM
 #114

Crypto currencies will survive, the fight for freedom will never end.
mayax (OP)
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December 17, 2013, 08:04:50 PM
 #115

Crypto currencies will survive, the fight for freedom will never end.


what does have that with the exchangers from China? Smiley

We are talking about real things not fantasies.
dopey
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December 17, 2013, 08:11:54 PM
 #116

Crypto currencies will survive, the fight for freedom will never end.


what does have that with the exchangers from China? Smiley

We are talking about real things not fantasies.

The chinese are very resourceful, there are workarounds for every system. Those that hold wealth in crypto will find a way to open up the market place in one form or another. Others, like yourself, will panic and lose money in the process.
mayax (OP)
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December 17, 2013, 08:56:50 PM
 #117

Crypto currencies will survive, the fight for freedom will never end.


what does have that with the exchangers from China? Smiley

We are talking about real things not fantasies.

The chinese are very resourceful, there are workarounds for every system. Those that hold wealth in crypto will find a way to open up the market place in one form or another. Others, like yourself, will panic and lose money in the process.

There are plenty of HYIPs already.
It is a speculative bubble. The people wants to earn money overnight. Otherwise, they will use other e-currencies. Why wouldn't you use a system who is backed of gold? There are a few regulated payment systems which are dealing in gold. You can sell, buy, send funds in gold and you won't face any delay, any problem with your bank when you want to send or to receive funds from a such company. Smiley
Eliavres
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December 17, 2013, 09:18:54 PM
 #118

To be honest, this outcome was foreseeable. The Chinese government would never stand for something they themselves didn't come up with.
mayax (OP)
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December 17, 2013, 09:33:56 PM
 #119

To be honest, this outcome was foreseeable. The Chinese government would never stand for something they themselves didn't come up with.

VERY true! Smiley
immortal4now
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December 17, 2013, 10:30:44 PM
 #120

To be honest, this outcome was foreseeable. The Chinese government would never stand for something they themselves didn't come up with.

No, they dont like they cannot control Bitcoin.

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