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Author Topic: [2014-04-26] CoinDesk - BTC China Halts RMB Account Funding  (Read 425 times)
byt411
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April 27, 2014, 12:37:50 AM
 #1

http://www.coindesk.com/btc-china-halts-rmb-withdrawals/

China is so annoying, keeps spreading annoying news to affect the price.
What are your thoughts on this?
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p2pbucks
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April 27, 2014, 01:50:52 AM
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old news .  cmcchina's anouncement published on 4.25
byt411
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April 27, 2014, 01:57:59 AM
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old news .  cmcchina's anouncement published on 4.25

How is news from 1 day ago news? Also, it was published on the 26th.
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April 27, 2014, 06:37:55 AM
 #4

BTC China CEO Bobby Lee said his company had not yet any direct notifications from any of its banking partners, but was ready to act should such information arrive. Apart from the China Merchants Bank website posting, which did not specify any exchange by name, no other banks have stated their intentions as yet.

...no other banks have stated their intentions as yet
Translation:
Uncertainty about the other banks will allow us to release more bad news in the future.
byt411
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April 27, 2014, 12:06:04 PM
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BTC China CEO Bobby Lee said his company had not yet any direct notifications from any of its banking partners, but was ready to act should such information arrive. Apart from the China Merchants Bank website posting, which did not specify any exchange by name, no other banks have stated their intentions as yet.

...no other banks have stated their intentions as yet
Translation:
Uncertainty about the other banks will allow us to release more bad news in the future.

Let me correct that, I don't find you quite right there.

Translation:
Uncertainty about the other banks will allow us to release more bad news in the future, so that we can plummet the price and buy buy buy.
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