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Question: [POLL] Which exchanges do top Chinese officials secretly use?
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Author Topic: [POLL] Which exchanges do top Chinese officials secretly use?  (Read 67 times)
Abcdefghijklmnzzz (OP)
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September 24, 2021, 07:11:29 PM
 #1

The selloff of btc today started about half an hour before the Chinese government announced its btc crusher ban, so there was a bit of insider trading in the People's Republic.

http://www.pbc.gov.cn/goutongjiaoliu/113456/113469/4348521/index.html

Higher up officials have agencies to cover their trades, but the low level people trading on today's news had to use an exchange.

In 2013 the Chinese government would announce a ban on bitcoin, the price would drop, you could watch bitcoin flowing into China, then they would unban it.

Chinese officials do not have anywhere near the amount of bitcoin as U.S. officials, but they have nest eggs.


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September 26, 2021, 06:43:05 AM
 #2

It will be hard to know what exchange the Chinese officials are using to transact there Bitcoin since they know different corners where they can keep there assets without the public knowing about it. The continuous banning of Bitcoin and other related cryptocurrency activities is somehow suspecting and maybe the Chinese government are playing with the cryptocurrency market to show that they dominate the market putting the market into turbulence.

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Abcdefghijklmnzzz (OP)
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September 26, 2021, 07:15:22 PM
 #3

It will be hard to know what exchange the Chinese officials are using to transact there Bitcoin since they know different corners where they can keep there assets without the public knowing about it. The continuous banning of Bitcoin and other related cryptocurrency activities is somehow suspecting and maybe the Chinese government are playing with the cryptocurrency market to show that they dominate the market putting the market into turbulence.

It looks like there is a conspiracy among several governments to develop the digital economy in a certain direction.

After Bitcoin started U.S. official accumulated a vast store of bitcoin. Only a tiny fraction has been exposed.

https://freeross.org/nsa-connection/

https://freeross.org/corruption/

Notice the reference to Tor, which is primarily used to target whistleblowers, not drug dealers.

Then the Chinese started accumulating. There used to be a website that tracked the movement of bitcoin across borders and for a while they were pouring into China as this kind of news item would push them.

Then BCH was created to give China some policy control, and BSV for Australia.

It's all a scam but you have to play along to try and make money.






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September 26, 2021, 07:22:57 PM
 #4

That's beyond the wall of the forbidden city... impossible to know, most and even I would firmly advise, are "clean" now... but as said, sometimes, often, the party goes in a direction, the Tao is clear, and there is no other way than reverse course...

What sadden me? Is how great the industry boomed in PRC ! it was pure confuscianism applied. I would like specially congratulate Antminers for their amazing work ! beyond all imaginable ! So you know, the party said... okay... let's wait.

But yeah, a topic of digital central bank fiat, is appropriate, specially in light of the specila @ www.zerohedge.com...

When the people of the world will get that covid was intentionally released to frame china, steal the election from trump, assure massive bail outs and foster the forced vaccination agendas...they will forget, like 911, wmds in irak, uss liberty or pedogate.
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September 26, 2021, 08:17:30 PM
 #5

That's beyond the wall of the forbidden city... impossible to know, most and even I would firmly advise, are "clean" now... but as said, sometimes, often, the party goes in a direction, the Tao is clear, and there is no other way than reverse course...

What sadden me? Is how great the industry boomed in PRC ! it was pure confuscianism applied. I would like specially congratulate Antminers for their amazing work ! beyond all imaginable ! So you know, the party said... okay... let's wait.

But yeah, a topic of digital central bank fiat, is appropriate, specially in light of the specila @ www.zerohedge.com...

If you are in China maybe you can go to jail or have your organs removed for saying 'The Tao is clear'.

Be careful.
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September 26, 2021, 09:15:29 PM
 #6

I'm lost, who has proof that Chinese officials have bitcoins? and why would they have bitcoins knowing about china's tough political system? who would be this brave who would own bitcoin even knowing he lives in china and knowing these measures. honestly I don't see Chinese officials going against these laws, it would be a big risk needlessly

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September 26, 2021, 10:48:00 PM
 #7

I'm lost, who has proof that Chinese officials have bitcoins? and why would they have bitcoins knowing about china's tough political system? who would be this brave who would own bitcoin even knowing he lives in china and knowing these measures. honestly I don't see Chinese officials going against these laws, it would be a big risk needlessly

In 2013 it was clear China had a policy of moving Bitcoin to China. It was clearly a high level policy thing. They would announce some negative news, the Bitcoin would flow to China in droves, then the news got cancelled. There was a website where you could watch. It was a map showing bitcoin moving from country to country.

So it's clear Bitcoin has been a policy issue for China, not some foreign mysterious thing the government is trying to figure out.

U.S. the same, of course. NSA agents were stealing vast amounts of bitcoin and may even have done the Mt Gox hack. At least the Chinese were paying for their coins.

You are right it is brave for Chinese officials to hide coins, but corruption fighting is not what it seems.

China assigns some lower level people to fight corruption, and their counterparts in the West, a mix of corporate and government strategists, carefully make sure corruption increases with each move.

China catches one oil company executive because he is fed to them in order to secure the overall process.

China is advanced in a lot of things, science, math, etc, but they get the silver medal in understanding corruption.
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September 27, 2021, 09:09:30 AM
 #8

If you are in China maybe you can go to jail or have your organs removed for saying 'The Tao is clear'.

Be careful.

This is funny and scary all at the same time. China is beginning to create panic in the hearts of people using cryptocurrency and this is not a good development. Am thinking the Crypto industry and community should come together and ban China at once to end this whole nonsense. China is worse than a dictatorship and it should not allow its madness spread to the rest of the world. We are already infested with its virus and it still want more with its countless bans on cryptocurrency.
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September 27, 2021, 12:53:24 PM
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This is funny and scary all at the same time. China is beginning to create panic in the hearts of people using cryptocurrency and this is not a good development. Am thinking the Crypto industry and community should come together and ban China at once to end this whole nonsense. China is worse than a dictatorship and it should not allow its madness spread to the rest of the world. We are already infested with its virus and it still want more with its countless bans on cryptocurrency.

China's cryptopolicies are cooperative with 'other melting pots', or 'the global melting pot', whichever phrase you prefer. China and the U.S. and all other 'melting pots' are working together to eliminate any remaining sovereign indigenous entities.

At this point, 'melting pots' have no choice, as political entities, they must eliminate tribal powers or they will weaken and die.

As long as peoples' attention is diverged into multiple faces of the melting pot i.e., China, the U.S., etc then they, the melting pots, are safe.

~

The virus was not 'made in China', it was made and released collaboratively by a group of scientists who believed they were addressing global warming.

Here is a timeline.

2018 / 2019 Trump initiates disentanglement, trade talks with China meant to separate the economies.

2019 As the World Military Games in Wuhan approach, a mysterious respiratory virus emerges in prisons in several countries, including the U.S.

2019 Taiwan sounds the alarm about an unknown respiratory virus, and gradually a global lockdown is initiated.

2020 Global emissions of CO2 drop dramatically.

2021 CO2 emissions start to recover.

The details of each step can be researched by anybody, and it is not hard to find the scientists involved, but their acts and intentions were necessary.

~

The important issue being ignored is that 'consolidating melting pots' i.e., melting pot countries which are still consolidating tribal DNA from tribes they have exterminated, are extremely dangerous. This would require a long explanation if you do not understand it.

The only solution is a retreat, by melting potted people, to tribal affiliations based on their ancestry.

It is something that is happening, and will continue happening.

The only question is whether silly political ambitions will make it expensive.

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