Quote from: JeffBrad12 on April 17, 2017, 04:36:16 AM

Quote from: tyson187 on April 16, 2017, 06:59:07 AM

Quote from: mynhpark on April 13, 2017, 03:58:20 AM

Since the beginning of 2017 bitcoin traders have been focused on the ongoing developments between Chinas central bank and bitcoin exchanges residing within the country.

Over the past two months, withdrawals have been suspended across nearly every major Chinese bitcoin trading platform with no word on when suspensions will be lifted.

For now, over-the-counter markets and Localbitcoins trades are the only options for big cryptocurrency traders in China, while the entire world wonders when Chinese exchanges
will resume withdrawals.

When do you think chinese exchanges will resume withdrawals?

Already it has been two months since PBOC suspended withdrawals from exchanges.I think it may take some more months to allow withdrawals.Thanks to PBOC due to which bitcoin market is free from chinese gamblers atleast temporarily.

The withdrawals will have delayed until there will be an official announcement from the government.

But if the Chinese exchange will have applied webcam verification in the future and it will be restricting a lot of Reviews their users. With the trading fees, there will be no manipulation from the chinese community.

I do not worry about the continuation of the chinese exchange site withdrawals.

I don't think the video webcam verification will work on the long run, maybe some people will do it to be able to get their fund out of the exchange but this will create another parallel market as we have seen with the increase trade volume on Localbitcoin.