Chinese Exchanges:

[ElectricMucus]

Don't forget on fake volume!!!!!

And then many are saying stamp is dying... 
Can't wait for Gemini. So traders will stop following that cheap Chinese shit called exchange...

Cant wait for Gemini as well. My hopes are on the Winklevii brothers. If Gemini fails then I fear the consequences.

It's either "Winlevoss brothers" or "Winklevi". Using both is redundant you ignoramus.

Winkledouches

[dataispower]

Chinese Bitcoin banking service kipcoin.com lost 3000+ bitcoin

https://www.reddit.com/r/Bitcoin/comments/2w84el/kipcoincom_lost_3000_bitcoin/

"Kipcoin, which went online this May, sets its fundraising cap at 10,000 btc and pays an interest of 0.0137% daily. Media coverage indicates that the site makes money in two ways: 1. Arbitrage – buying from exchanges where prices are lower and sell at others where prices are higher. 2. Lend the coins to miners."

http://www.forbes.com/sites/ericxlmu/2014/07/12/major-chinese-exchanges-rolled-out-bitcoin-banking-services/

http://www.miningpool.co.uk/chinese-exchange-kipcoin-hacked/

[ajareselde]

Chinese Bitcoin banking service kipcoin.com lost 3000+ bitcoin

https://www.reddit.com/r/Bitcoin/comments/2w84el/kipcoincom_lost_3000_bitcoin/

"Kipcoin, which went online this May, sets its fundraising cap at 10,000 btc and pays an interest of 0.0137% daily. Media coverage indicates that the site makes money in two ways: 1. Arbitrage – buying from exchanges where prices are lower and sell at others where prices are higher. 2. Lend the coins to miners."

http://www.forbes.com/sites/ericxlmu/2014/07/12/major-chinese-exchanges-rolled-out-bitcoin-banking-services/

Its same story over and over again, and ill say the same i always say; they "lost" coins in their wallets, stole from themselves and now blaming others.
They can mask their bussines anyway they want, in the end its all the same, classical ponzi scheme that works well and pais out until they have enough funds to run away.

[dataispower]

Google translate:

Hong Kong Monetary Authority to extend the virtual currency regulations to circulate provider

"Hong Kong Corporate Finance Committee announced the creation of a new regulatory virtual currency in circulation provider (LP). The committee will provide supervision for the financial sector and the flow through arbitration hearings broker between providers and their customers."

"Financial Supervision Commission, its provider of virtual currency in circulation regulatory financial requirements will include monitoring, reporting, and record keeping. Require each of their members to fulfill regulatory approval are the lowest level of net worth, such as keeping the customer owes more than $ 500,000 in debt to 10% of all net."

http://gold.hexun.com/2015-02-17/173448384.html

[lolled]

huobi going down once in awhile because DNS!

Maybe people should leave the exchange once and for all.

[Brewins]

huobi going down once in awhile because DNS!

is the API down too when the site is down?

[HarmonLi]

I've actually been wondering for some time now whether at least some if the Chinese exchanges with high volume may be selling coins that don't really exist (a la gox). I don't see them scamming anyone as of now but these kinds if problems seem to be increasing...

[Melds]

I don't know if related:

Hong Kong lawmakers urge ban on bitcoin

"The government should clamp down on bitcoin, said lawmakers Leung Yiu-chung and James To, who accompanied the complainants, among them Nepalese and mainland Chinese, as well as Hong Kong citizens.

"The government should not just stand aside," Leung told reporters. "It's simply not enough to just ask people to exercise caution when investing ... it has to ban the circulation of such virtual currency in the market.""

http://uk.reuters.com/article/2015/02/11/uk-fraud-bitcoin-hongkong-idUKKBN0LF0WV20150211

https://bitcointalk.org/index.php?topic=952222.msg10425632#msg10425632

"Hong Kong’s central bank has warned against investing in virtual currencies"


http://www.nytimes.com/2015/02/11/business/international/hong-kong-issues-warning-about-bitcoin.html?_r=1

https://bitcointalk.org/index.php?topic=951238.msg10414215#msg10414215

This is actually good for bitcoin /s

[Coinshot]

Chinese Bitcoin banking service kipcoin.com lost 3000+ bitcoin

https://www.reddit.com/r/Bitcoin/comments/2w84el/kipcoincom_lost_3000_bitcoin/

"Kipcoin, which went online this May, sets its fundraising cap at 10,000 btc and pays an interest of 0.0137% daily. Media coverage indicates that the site makes money in two ways: 1. Arbitrage – buying from exchanges where prices are lower and sell at others where prices are higher. 2. Lend the coins to miners."

http://www.forbes.com/sites/ericxlmu/2014/07/12/major-chinese-exchanges-rolled-out-bitcoin-banking-services/

http://www.miningpool.co.uk/chinese-exchange-kipcoin-hacked/

At least those coins are off the market for now. It will not be very easy to mix and sell such a big amount.

[LewiesMan]

Chinese Bitcoin banking service kipcoin.com lost 3000+ bitcoin

https://www.reddit.com/r/Bitcoin/comments/2w84el/kipcoincom_lost_3000_bitcoin/

"Kipcoin, which went online this May, sets its fundraising cap at 10,000 btc and pays an interest of 0.0137% daily. Media coverage indicates that the site makes money in two ways: 1. Arbitrage – buying from exchanges where prices are lower and sell at others where prices are higher. 2. Lend the coins to miners."

http://www.forbes.com/sites/ericxlmu/2014/07/12/major-chinese-exchanges-rolled-out-bitcoin-banking-services/

http://www.miningpool.co.uk/chinese-exchange-kipcoin-hacked/

At least those coins are off the market for now. It will not be very easy to mix and sell such a big amount.

3000 is such a tiny amount for BTC exchange volumes.

[NotLambchop]

^It all adds up

[LewiesMan]

^It all adds up

3000 only?

[p2pbucks]

LOL here comes the crash... With chinese exchanges hacked we have pretty much a guarantee to end the weekend way under $200!

No， it would be quite opposite. Bitcoin will bypass 300$ .
Because 80% chinese exchanges are scam & ponzi company , they fake the bitcoins in their system and manipulate the price .
The true bull will come when these scammers are cracked down

[dataispower]

80% of Bitcoin is exchanged into and out of Chinese yuan

http://qz.com/359679/80-of-bitcoin-is-exchanged-into-and-out-of-chinese-yuan/

[dataispower]

In less than 4 weeks, the following 6 high level people have left OKCoin.

Changpeng Zhao (aka CZ), the high profile CTO of OKCoin, left. https://www.reddit.com/r/Bitcoin/comments/2w7byw/regarding_cz_leaving_okcoin/

Zane Tackett, International Operations Manager at OKCoin https://www.reddit.com/r/BitcoinMarkets/comments/2r4gmt/rbitcoinmarkets_best_of_2014_awards_winners/

Richard Bensberg, /u/OKCoin_Richard, Chief Compliance Officer at OKCoin, https://www.reddit.com/r/Bitcoin/comments/2uvtt1/okcoin_aua_with_ceo_star_xu_and_okcoin_team/

Chris Woods, the Director of International Operations
http://www.reddit.com/r/Bitcoin/comments/29gwk8/we_are_okcoin_auaask_us_anything/

Damian, The product designer from Alibaba https://www.reddit.com/r/Bitcoin/comments/2w7byw/regarding_cz_leaving_okcoin/

Nika, Team Lead of Customer Services, represented OKCoin at St. Petersburg conference
https://twitter.com/BitcoinConfRu/status/538218101738078208
https://www.reddit.com/r/BitcoinMarkets/comments/2yxyju/mass_exodus_at_okcoin_something_is_brewing/

*Edited out irrelevant information.:

[1Referee]

In less than 4 weeks, the following 6 high level people have left OKCoin.

Changpeng Zhao (aka CZ), the high profile CTO of OKCoin, left. https://www.reddit.com/r/Bitcoin/comments/2w7byw/regarding_cz_leaving_okcoin/

Zane Tackett, International Operations Manager at OKCoin https://www.reddit.com/r/BitcoinMarkets/comments/2r4gmt/rbitcoinmarkets_best_of_2014_awards_winners/

Richard Bensberg, /u/OKCoin_Richard, Chief Compliance Officer at OKCoin, https://www.reddit.com/r/Bitcoin/comments/2uvtt1/okcoin_aua_with_ceo_star_xu_and_okcoin_team/

Chris Woods, the Director of International Operations
http://www.reddit.com/r/Bitcoin/comments/29gwk8/we_are_okcoin_auaask_us_anything/

Damian, The product designer from Alibaba https://www.reddit.com/r/Bitcoin/comments/2w7byw/regarding_cz_leaving_okcoin/

Nika, Team Lead of Customer Services, represented OKCoin at St. Petersburg conference
https://twitter.com/BitcoinConfRu/status/538218101738078208
https://www.reddit.com/r/BitcoinMarkets/comments/2yxyju/mass_exodus_at_okcoin_something_is_brewing/

*Edited out irrelevant information.:

Makes you wonder what the real reason is for these people to leave.

Hostile working environment? They don't agree with how the exchange is being operated?

Chinese exchanges are quite shady in general, especially with what is almost certainly huge loads of fake volume.

[innocent93]

In less than 4 weeks, the following 6 high level people have left OKCoin.

Changpeng Zhao (aka CZ), the high profile CTO of OKCoin, left. https://www.reddit.com/r/Bitcoin/comments/2w7byw/regarding_cz_leaving_okcoin/

Zane Tackett, International Operations Manager at OKCoin https://www.reddit.com/r/BitcoinMarkets/comments/2r4gmt/rbitcoinmarkets_best_of_2014_awards_winners/

Richard Bensberg, /u/OKCoin_Richard, Chief Compliance Officer at OKCoin, https://www.reddit.com/r/Bitcoin/comments/2uvtt1/okcoin_aua_with_ceo_star_xu_and_okcoin_team/

Chris Woods, the Director of International Operations
http://www.reddit.com/r/Bitcoin/comments/29gwk8/we_are_okcoin_auaask_us_anything/

Damian, The product designer from Alibaba https://www.reddit.com/r/Bitcoin/comments/2w7byw/regarding_cz_leaving_okcoin/

Nika, Team Lead of Customer Services, represented OKCoin at St. Petersburg conference
https://twitter.com/BitcoinConfRu/status/538218101738078208
https://www.reddit.com/r/BitcoinMarkets/comments/2yxyju/mass_exodus_at_okcoin_something_is_brewing/

*Edited out irrelevant information.:

It seems Okcoin is declining, it's said that there are too much divergences within Okcoin.
But still no any official information about the personnel changes.

I assume more exchanges will be gone in 2015.

[bassclef]

80% of Bitcoin is exchanged into and out of Chinese yuan

http://qz.com/359679/80-of-bitcoin-is-exchanged-into-and-out-of-chinese-yuan/

I disagree with this. Most of the Chinese trade volume is wash which pumps up existing transactions which are quite small in comparison. Look at Huobi for example: The orderbooks don't come close to matching the volume. The majority of transactions are simply small amounts being traded back and forth by the same accounts.

[—]

With the exception of CZ the others seem a bunch of chair warmers

[minerbit hill]

Decentralised or not you can still manipulate the markets. That much is obvious.