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Author Topic: Bank of China & China Construction Bank announces bitcoin ban today 4/30/14  (Read 2416 times)
yomofo (OP)
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April 30, 2014, 07:38:56 AM
 #1

http://www.ccb.com/cn/home/personal/new_announce/20140430_1398824403.html

Quote
Statement on the Prohibition of the use of my bank account for bitcoin transactions
Published :2014-04-30

http://www.boc.cn/custserv/bi2/201404/t20140430_3268494.html

Quote
Statement on the Prohibition of the use of my bank account for bitcoin transactions
2014-04-30

windjc
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April 30, 2014, 07:44:14 AM
 #2

http://www.ccb.com/cn/home/personal/new_announce/20140430_1398824403.html

Quote
Statement on the Prohibition of the use of my bank account for bitcoin transactions
Published :2014-04-30

http://www.boc.cn/custserv/bi2/201404/t20140430_3268494.html

Quote
Statement on the Prohibition of the use of my bank account for bitcoin transactions
2014-04-30

Effects which exchanges?
yomofo (OP)
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April 30, 2014, 07:47:23 AM
 #3

http://www.ccb.com/cn/home/personal/new_announce/20140430_1398824403.html

Quote
Statement on the Prohibition of the use of my bank account for bitcoin transactions
Published :2014-04-30

http://www.boc.cn/custserv/bi2/201404/t20140430_3268494.html

Quote
Statement on the Prohibition of the use of my bank account for bitcoin transactions
2014-04-30

Effects which exchanges?

i believe bank of china was the last remaining bank transfer option for btc china.

tins
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April 30, 2014, 07:48:45 AM
 #4




Wonderful news!
Now we won't have to deal with their hot mess anymore.
anu
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April 30, 2014, 08:24:04 AM
 #5

Wonderful news!
Now we won't have to deal with their hot mess anymore.

I seriously doubt that. The doomsters won't stop. And if not China, it will be: Mark Karpeles to dump allegedly lost Bitcoin in one single market order next week. Sell before he does.

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sgbett
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April 30, 2014, 11:04:40 AM
 #6

damn. this is bad news. I'm running out of things to short sell.

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
*my posts are not investment advice*
CoinRocka
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April 30, 2014, 11:17:21 AM
 #7

Yet amazingly $400+ on Huobi   Cool
Asrael999
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April 30, 2014, 12:11:34 PM
 #8

still "bothered" - you need something besides China to force the crash now.
gagalady
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April 30, 2014, 01:11:16 PM
 #9

Another china "bad" news, so let's see how will this effect bitcoin price now. I wonder how much bitcoins do china won in total? how many %?
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April 30, 2014, 01:46:01 PM
 #10

Such newses!

I panic sold 0 bitcoins!

MCTRL_751 >   END OF LINE
jamesc760
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April 30, 2014, 02:44:54 PM
 #11

I agree, this is a wonderful news. Finally the last nail has been hammered to China coffin. Good riddance. It's all good from here.
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April 30, 2014, 03:54:15 PM
 #12

http://www.ccb.com/cn/home/personal/new_announce/20140430_1398824403.html

Quote
Statement on the Prohibition of the use of my bank account for bitcoin transactions
Published :2014-04-30

http://www.boc.cn/custserv/bi2/201404/t20140430_3268494.html

Quote
Statement on the Prohibition of the use of my bank account for bitcoin transactions
2014-04-30

Effects which exchanges?

i believe bank of china was the last remaining bank transfer option for btc china.

So why is the price on Btc China and everywhere else the same now as it was just before this announcement?
Malin Keshar
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April 30, 2014, 04:12:04 PM
 #13

http://www.ccb.com/cn/home/personal/new_announce/20140430_1398824403.html

Quote
Statement on the Prohibition of the use of my bank account for bitcoin transactions
Published :2014-04-30

http://www.boc.cn/custserv/bi2/201404/t20140430_3268494.html

Quote
Statement on the Prohibition of the use of my bank account for bitcoin transactions
2014-04-30

Effects which exchanges?

i believe bank of china was the last remaining bank transfer option for btc china.

So why is the price on Btc China and everywhere else the same now as it was just before this announcement?


too many bans, ppl get tired and just hold or buy when another one comes
jamesc760
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April 30, 2014, 04:52:16 PM
 #14

You can only pump-and-dump so many times before people catch on to you. Now the question is, How will the Chinese schemers respond to the nonchalant attitude to these so-called bad news coming out of China anymore?
Mythul
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April 30, 2014, 04:53:27 PM
 #15

Does anybody actually care about this anymore ?

BTW Bloomberg just added Bitcoin to their charts !
sgbett
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April 30, 2014, 05:30:01 PM
 #16

The next alt!

BANcoin

It is full of win o/

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
*my posts are not investment advice*
p0peji
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April 30, 2014, 06:15:40 PM
 #17

You can only pump-and-dump so many times before people catch on to you. Now the question is, How will the Chinese schemers respond to the nonchalant attitude to these so-called bad news coming out of China anymore?

So now all the bulls will go onto a buying spree only to be met with maximum dumpage from the Chinese.
troy112
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April 30, 2014, 07:38:36 PM
 #18

Seriously getting bored with all this banning bullshit. Wont affect price much, just few dollars down.
TERA
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April 30, 2014, 09:07:44 PM
 #19

Is everyone in here ignorant, only focused on price speculation, and doesn't actually analyze and research anything about what they're talking about?  Every Chinese bank that makes their required public statement, now I hear posters here chime in with "o noez more bs china fud. when will they stop'. Really? The Caixin news required that EVERY Chinese bank involved make a public statement that they would not provide services to bitcoin related accounts. So now obviously you will see several (or dozens) of PRs, all from banks individually complying with this statement. They are not all 'another china ban pr', they are not 'bans', and it is not 'fud'. Grow up and get educated about what you are actually talking about.
toy4lov3rs
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April 30, 2014, 09:16:04 PM
 #20

The Caixin news required that EVERY Chinese bank involved make a public statement that they would not provide services to bitcoin related accounts. So now obviously you will see several (or dozens) of PRs, all from banks individually complying with this statement.

Funny, so they really feel threatened by Bitcoin, and rightfully so !
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