Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
y3804
on 01/05/2014, 04:08:50 UTC
I don't know why exactly this is happening but i do know if they really wanted to stop this they could ban Bitcoin now and close all related bank accounts. But they won't because someone has an agenda here and is probably making a lot of money.

Read this article

http://bitcoinblog.de/2014/04/28/chinese-banks-dont-know-how-to-act-appropriate-cause-bitcoin-is-too-tiny/

TL;DR Banks don't care about Bitcoin. They don't really give a sh** about closing the accounts. They find weird that PBOC is pressuring them over such a small issue. PBOC is having trouble closing the accounts and even had to send two of the second highest rank officials to interview the banks

You've probably already read it anyway. I agree, someone is making a lot of money behind the scenes