Post
Topic
Board Speculation
Re: Reason for Today's Crash: China Bans Bitcoin Payment Processors
by
pand70
on 17/12/2013, 06:36:55 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

Call them again and ask them to make an announcement in the front page and clarify the situtation.