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Author
Topic: CEO of BTC China speaking to CNBC (Read 9080 times)
esse83
(OP)
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CEO of BTC China speaking to CNBC
December 18, 2013, 12:24:26 PM
#1
http://video.cnbc.com/gallery/?video=3000229171&__source=yahoo
|headline|other|video|&par=yahoo
Bobby Lee, CEO of BTC China, says there is no need to panic after Chinese authorities blocked the country's Bitcoin exchanges from accepting new cash inflows.
Bitcoin is wild and crazy investment that Im diversifying out of all the time, - Gavin Andresen
Ng93
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Re: CEO of BTC China speaking to CNBC
December 18, 2013, 12:33:26 PM
#2
Trollololo
Mjbmonetarymetals
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Re: CEO of BTC China speaking to CNBC
December 18, 2013, 12:33:58 PM
#3
So do exchanges in china need to use 3rd party payment providers ? Or can banks deal directly with exchanges ... A clear yes or no would be useful
Bitrated user: Mick.
Bitcoinpro
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Re: CEO of BTC China speaking to CNBC
December 18, 2013, 12:34:31 PM
#4
dont panic you just sold all your coin to him and his mates
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CIYAM
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Ian Knowles - CIYAM Lead Developer
Re: CEO of BTC China speaking to CNBC
December 18, 2013, 12:34:51 PM
#5
Quote from: Mjbmonetarymetals on December 18, 2013, 12:33:58 PM
So do exchanges in china need to use 3rd party payment providers ? Or can banks deal directly with exchanges ... A clear yes or no would be useful
Banks deal directly with the exchanges, however, currently you can only withdraw not deposit.
With CIYAM anyone can create 100% generated C++ web applications in literally minutes.
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boogi
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Re: CEO of BTC China speaking to CNBC
December 18, 2013, 12:37:56 PM
#6
haha, yep wait till the bottom to say dont panic.
spin
Sr. Member
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Re: CEO of BTC China speaking to CNBC
December 18, 2013, 12:45:45 PM
#7
Anybody got a transcript of this?
If you liked this post buy me a beer. Beers are quite cheap where I live!
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EvilPanda
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Small Red and Bad
Re: CEO of BTC China speaking to CNBC
December 18, 2013, 12:46:09 PM
#8
Next big announcement? "Bobby Lee: stay calm folks and wait here, i'll be right back!"
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Bitcoinpro
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Re: CEO of BTC China speaking to CNBC
December 18, 2013, 12:51:55 PM
#9
Quote from: boogi on December 18, 2013, 12:37:56 PM
haha, yep wait till the bottom to say dont panic.
still the greatest performing asset in human history what have you got to say about that
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Elokane
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Truth is a consensus among neurons www.synereo.com
Re: CEO of BTC China speaking to CNBC
December 18, 2013, 01:04:49 PM
#10
Don't panic BECAUSE.. ?
Synereo: liberating the Internet from abusive business models.
Beware of he who would deny you access to information, for in his heart, he dreams himself your master.
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Mjbmonetarymetals
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Re: CEO of BTC China speaking to CNBC
December 18, 2013, 01:05:44 PM
#11
Why did he say he needs to use 3rd party payment processors ?
Bitrated user: Mick.
btbrae
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Re: CEO of BTC China speaking to CNBC
December 18, 2013, 01:21:40 PM
#12
It really annoys me when people start all their sentences with "So...". In English you BARELY EVER start a sentence with "So..." and it's even rarer to use it to answer a direct question. I mean WTF? I thought this was a quick fad but it's been going on long enough and we have to put a stop to it. I'm starting a committee or something. It drives me fucking nuts. Learn to English.
Kazimir
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Re: CEO of BTC China speaking to CNBC
December 18, 2013, 01:23:38 PM
#13
If I were Bobby Lee, I would be more than happy to buy ALL chinese bitcoins at 2,000 - 2,500 CNY, sell some at EUR or USD exchanges, and retire early
In theory, there's no difference between theory and practice. In practice, there is.
Insert coin(s):
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Bitcoinpro
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Merit: 1000
Re: CEO of BTC China speaking to CNBC
December 18, 2013, 01:24:07 PM
#14
Quote from: Elokane on December 18, 2013, 01:04:49 PM
Don't panic BECAUSE.. ?
tomorrow the price will be 2000
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Mjbmonetarymetals
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Re: CEO of BTC China speaking to CNBC
December 18, 2013, 01:29:21 PM
#15
Quote from: btbrae on December 18, 2013, 01:21:40 PM
It really annoys me when people start all their sentences with "So...". In English you BARELY EVER start a sentence with "So..." and it's even rarer to use it to answer a direct question. I mean WTF? I thought this was a quick fad but it's been going on long enough and we have to put a stop to it. I'm starting a committee or something. It drives me fucking nuts. Learn to English.
I'm sorry that annoys you
,
Ok........
So why did bobby lee say (35 seconds in) that btcchina needs 3rd party payment services, my understanding was banks can work directly with exchanges in china ?
Bitrated user: Mick.
Mjbmonetarymetals
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Re: CEO of BTC China speaking to CNBC
December 18, 2013, 01:30:33 PM
#16
Quote from: CIYAM Open on December 18, 2013, 12:34:51 PM
Quote from: Mjbmonetarymetals on December 18, 2013, 12:33:58 PM
So do exchanges in china need to use 3rd party payment providers ? Or can banks deal directly with exchanges ... A clear yes or no would be useful
Banks deal directly with the exchanges, however, currently you can only withdraw not deposit.
Ok got it . Thanks
Bitrated user: Mick.
takagari
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Activity: 1050
Merit: 1000
Re: CEO of BTC China speaking to CNBC
December 18, 2013, 01:40:09 PM
#17
That was fun to watch, as china went to bed and panicked the western world woke up and purchased it all. lol
I've got cash funds coming back, massive refund but not till January, Really is sad I don't have them right now. would of been nice to buy ten coins at $400
SoNic67
Newbie
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Merit: 0
Re: CEO of BTC China speaking to CNBC
December 18, 2013, 01:42:23 PM
#18
http://www.nytimes.com/2013/12/19/business/international/china-bitcoin-exchange-ends-renminbi-deposits.html?_r=2&
techstorm2
Full Member
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Re: CEO of BTC China speaking to CNBC
December 18, 2013, 01:45:38 PM
#19
Quote from: EvilPanda on December 18, 2013, 01:39:52 PM
Quote from: btbrae on December 18, 2013, 01:21:40 PM
It really annoys me when people start all their sentences with "So...". In English you BARELY EVER start a sentence with "So..." and it's even rarer to use it to answer a direct question. I mean WTF? I thought this was a quick fad but it's been going on long enough and we have to put a stop to it. I'm starting a committee or something. It drives me fucking nuts. Learn to English.
SO SOrry, SOme of us SOmetimes SO bad at grammar
Me too, every morning driving to work, every person being interviewed on the radio starts with "SO", AAARRRGGH, this is not the way to start a sentence, where did this come from, its nearly as annoying as the upward inflection which makes every statement sound like a question!
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Umworpol
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Re: CEO of BTC China speaking to CNBC
December 18, 2013, 01:51:00 PM
#20
Quote from: btbrae on December 18, 2013, 01:21:40 PM
It really annoys me when people start all their sentences with "So...". In English you BARELY EVER start a sentence with "So..." and it's even rarer to use it to answer a direct question. I mean WTF? I thought this was a quick fad but it's been going on long enough and we have to put a stop to it. I'm starting a committee or something. It drives me fucking nuts. Learn to English.
I wonder if you know how to speak chinese LOL . world are changing accept it !
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