Post
Topic
Board Speculation
Re: Reason for Today's Crash: China Bans Bitcoin Payment Processors
by
ringsting
on 17/12/2013, 04:37:40 UTC
I'm in China and speak Chinese:

  • The BTC website is still accepting payments from my bank
  • I called them and they told me that withdrawals are still happening and I can withdraw FIAT.  My guess is that they are cash rich as people putting money in there and withdrawing it overseas.
  • Great arbitrage ops at the moment