Quote from: Barek on November 19, 2013, 05:14:08 PM

Quote from: jl2012 on November 19, 2013, 04:42:05 PM

As I said in the other thread, I can ALWAYS sell at those insane high price and get the CNY in my account within 24 hours. So the price is REAL. The volume is inflated simply due to free transaction.

Their site may be down from time to time, but that's nothing worse than gox or stamp

In addition to btcchina, I can also sell on other Chinese exchanges with similar price and received CNY withdraw too.

Agreed. (emphasis mine)

Quote from: windjc on November 19, 2013, 04:46:10 PM

Maybe they are just fu**ing smarter than you. Maybe they realize that this technology could be a hedge against their US debt holdings. Or perhaps they just want Bitcoin innovations to come from China vs. some other country. I mean, China wants power. When it comes to finances they are actually very forward thinking.

And another agreed. (minus some of the language)

I use BtcChina via QT-Trader via BtcChina API, works great for the most part,
but often, and I mean often the connection to the API goes down and the WebSite
is off-line at the same time.

Happen to me last night when I cashed out to Cash / Yuan and the problem did not correct itself
until the next morning, I cashed out at $50,000 Yuan, in the morning when their site came back
on-line the market had raised to $54,000 Yuan, I have been Up-Side Down all day waiting for the
market to either lower itself or make a few good trades to get the coin back I lost, I was at 10 BTC
when the BtChina site went off line, now at the current market rate I'm at 9.3 BTC, even with these
problems it's hard to leave because the trades are FREE, but I'm beginning to ask myself are they
really FREE with missed opportunity costs (a 400 Yuan rise), started out with BiFinex and never had
site down problems except for once, surprised to hear that MtGox and BitStamp also have these problems.

But I make BTC Deposits and BTC WithDrawals from BtcChina all day with Zero Problems.
I would not call them a Scam or Fake Company, and as previously mention it was started by the previous
head of Wal-Mart China, and his Brother has invented "LiteCoin", really don't think they have to steal from AnyOne,
those guys have enough CASH already !