Quote from: BitThink on December 26, 2013, 01:48:29 PM

Quote from: HighSociety on December 26, 2013, 01:39:01 PM

What are your guys thoughts on what will happen the week before and off course on the 31st of January? I read multiple articles which claim that trading in bitcoin will come to a complete stop or hold on the 31st of January in China? Or at least in Yuan/BTC Since OKcoin and BTCChina now found a loophole by funding their site through the use of vouchers I wonder if this way of funding will also be banned by the Chinese central? And if we can expect a dump a week before the 31st of January?

Jan 31 is the last day for 3rd party payment services to stop service. Since now almost all 3rd party payment services have already stopped service, 31 Jan does not have any special meaning in my opinion.

exactly, all 3rd party payment have already stopped service, but China not stop bitcoin trading in Okcoin and BTCChina. 31st of January is China's new year, people will get end-year bonus and buy gifts for family.

everbox

Posts

Merits