BTCchina IS BACK, bank deposits restored!!!

[yomofo]

1rst reddit thread
http://www.reddit.com/r/BTCmarketsCirclejerk/comments/1wj00n/btcchina_reinstates_bank_deposits/

2nd reddit thread
http://www.reddit.com/r/Bitcoin/comments/1wipty/btc_china_enabling_direct_deposits/

3rd reddit thread
http://www.reddit.com/r/BitcoinMarkets/comments/1wivdg/btc_china_enabling_direct_deposits/

(screenshot)

(screenshot after clicking link)

http://imgur.com/0rGXGoP (screenshot)

http://imgur.com/akvm7oL (screenshot after clicking link)

China is back.

Bears should surrender now.

[vokain]

confirmation seems weak and intended purpose seems shady

[bitcoinlitcoinbtcltc]

Hahahahahahahaha, what a hopeless attempt to drive the price up.
If it was restored, BTC China would have made an official comment about it.

[BitcoinAshley]

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

[chessnut]

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

Bitcoin has already crashed. on the 31st it will do nothing. dont you get it?

[bitcoinlitcoinbtcltc]

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

Bitcoin has already crashed. on the 31st it will do nothing. dont you get it?

Lol, it's far from ''crashed''.
It will at least drop to the 350-450 range.

[BitcoinAshley]

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

Bitcoin has already crashed. on the 31st it will do nothing. dont you get it?

Lol, it's far from ''crashed''.
It will at least drop to the 350-450 range.

Exactly. These people don't get it. Banks aren't just banned from dealing "IN" bitcoin, as the PBOC notice explicitly says. They are are also (implicitly) banned from dealing WITH bitcoin-related companies. This isn't stated directly but it's obviously implied; my sources from within the PBOC confirm this in the chinese language. So even if BTCchina allowed bank deposits, it would be illegal and their bank would be immediately shut down by Chinese regulatory authorities.

Confirmed.

On the 31st we are going down, and I think 350-450 is optimistic, weird troll guy who thread-spams constantly.

[chessnut]

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

Bitcoin has already crashed. on the 31st it will do nothing. dont you get it?

Lol, it's far from ''crashed''.
It will at least drop to the 350-450 range.

when an asset more than halves in volume, it crashes. period. I dont deny the capacity to crash more. but the crash was a chinese crash. it is done and over with. Tell me what force in China will drive the crash tomorrow? there will be no open exchanges!

[bitcoinlitcoinbtcltc]

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

Bitcoin has already crashed. on the 31st it will do nothing. dont you get it?

Lol, it's far from ''crashed''.
It will at least drop to the 350-450 range.

when an asset more than halves in volume, it crashes. period. I dont deny the capacity to crash more. but the crash was a chinese crash. it is done and over with. Tell me what force in China will drive the crash tomorrow? there will be no open exchanges!

it is going down, the crypto oracle has predicted it

(this is confirmed)

[chessnut]

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

Bitcoin has already crashed. on the 31st it will do nothing. dont you get it?

Lol, it's far from ''crashed''.
It will at least drop to the 350-450 range.

when an asset more than halves in volume, it crashes. period. I dont deny the capacity to crash more. but the crash was a chinese crash. it is done and over with. Tell me what force in China will drive the crash tomorrow? there will be no open exchanges!

it is going down, the crypto oracle has predicted it

(this is confirmed)

its funny when proudhon does it - not you though.
http://www.youtube.com/watch?v=pQjqxayxwt4

[BitcoinAshley]

when an asset more than halves in volume, it crashes. period. I dont deny the capacity to crash more. but the crash was a chinese crash. it is done and over with. Tell me what force in China will drive the crash tomorrow? there will be no open exchanges!

it is going down, the crypto oracle has predicted it

(this is confirmed)

See, now it looks like he's playing proudhon's game but you can't even tell.

I bet he's a proudhon alt.

[MoneyMorpheus]

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

Bitcoin has already crashed. on the 31st it will do nothing. dont you get it?

Lol, it's far from ''crashed''.
It will at least drop to the 350-450 range.

I think that chinese that wanted out before new year got out. Today is the last banking day of this year and all withdraws made tomorrow won't arrive before the 1st. I don't know if this news are real or not, what I do think is that if it actually "crashes" during the weekend it will be a lame attempt of manipulation.

I don't think it will last much longer than the silkroad "crash". If its not banned it will be seen as good news. But I think if its banned its even better. This because btc has no frontiers. If chinese actually banned btc a black market will appear. Btc will be sold overpriced to take money out of the country. Once all btc from china are bought, they will be force to actually take money out of china to buy them. People with an excess in they early fiat leak will use that to buy them, whereas people that actually need to transfer more money abroad will buy other people excess in the form of btc. After this point price will skyrocket.

Right now I'm getting more bullish by the hour. If you have a better theory elaborate it  

[TERA]

If this is true then this is horrible news. China is rat poison for bitcoin.

[GigaCoin]

There is no announcement on btc China, so far its just a bunch of ppl posting screenshots and someone supposedly "confirming" by talking to his qq chinese "friend"

If indeed true, I see the price going down for a bit as big players will want their coins cheap before taking off again.

[chessnut]

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

Bitcoin has already crashed. on the 31st it will do nothing. dont you get it?

Lol, it's far from ''crashed''.
It will at least drop to the 350-450 range.

I think that chinese that wanted out before new year got out. Today is the last banking day of this year and all withdraws made tomorrow won't arrive before the 1st. I don't know if this news are real or not, what I do think is that if it actually "crashes" during the weekend it will be a lame attempt of manipulation.

I don't think it will last much longer than the silkroad "crash". If its not banned it will be seen as good news. But I think if its banned its even better. This because btc has no frontiers. If chinese actually banned btc a black market will appear. Btc will be sold overpriced to take money out of the country. Once all btc from china are bought, they will be force to actually take money out of china to buy them. People with an excess in they early fiat leak will use that to buy them, whereas people that actually need to transfer more money abroad will buy other people excess in the form of btc. After this point price will skyrocket.

Right now I'm getting more bullish by the hour. If you have a better theory elaborate it  

smart investors in China bought Bitcoin because it cant be regulated. why would they let go now? every new law imposed against them makes it more valuable, and more proven, and more desirable.
smart investors and officials in America realise they have no better alternative than to back Bitcoin, and are going to make the best of it.
my 2 cents.

[smoothie]

lol so this isn't confirmed? Just post....be emotional...emotions of others net the smart money more profits.

[empoweoqwj]

There is no announcement on btc China, so far its just a bunch of ppl posting screenshots and someone supposedly "confirming" by talking to his qq chinese "friend"

If indeed true, I see the price going down for a bit as big players will want their coins cheap before taking off again.

So much bs on reddit. Entertaining but that's about it ....

[mgburks77]

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

hmm.. just like the war on drugs made selling illegal drugs unprofitable?

[empoweoqwj]

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

hmm.. just like the war on drugs made selling illegal drugs unprofitable?

"War on drugs" - even the phrase makes me laugh. You should know when a war isn't winnable.

[mgburks77]

We need confirmation that this is incorrect, preferably in a foreign language source (russian or chinese for best confirmation)

Obviously it is not true, BTC is over in china, and on the 31st it will crash.

hmm.. just like the war on drugs made selling illegal drugs unprofitable?

"War on drugs" - even the phrase makes me laugh. You should know when a war isn't winnable.

Agreed