#first keme post on this new blog
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keme my telephone booth girlie my telephone dial up twirl the phone cord girlie i love u so
#☼.txt#silhouette tag#he means SO much to me#first keme post on this new blog#& its a post that has so many layers#thinking about him asking for the other kids phone numbers in his class so he can call them on the landline#& hogging the phone from his sister & oh no gran gran this is ABSOLUTELY not a phone call for u it is for me#bc i am VERY popular duh.#thinking about him flying three four states over getting lost after kya abandons them#& exhausting himself of energy trying to find her & losing all sense of direction stumbling upon diner that#lets him use their phone to call home from across state lines bc what is this kid doing here all alone#thinking about him as an adult doing the same thing but with more sense of direction calling home to let his family know#he's safe he'll be home soon put a pot on for dinner love u <3#thinking other thoughts about kya & her disappearance but its like. 4 am & i dont wanna
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Can't Help Falling In Love
This is somewhat late to post but my feels are still active. So I'm gonna leave it here in my blog. ***** Normal lang naman na araw iyon para sakin. Wala ako masiyadong ineexpect na mangyayari. Oo magkikita kami ng taong espesyal sakin. You know, the usual date. Kakain. Maglalakad sa mall. Magpipicture. Magkikwentuhan at magbibiruan. Nothing else. Nothing special. Pero all of a sudden this not-so-special day became one of the most special days I had. Hindi ko lubos inakala na magkakaroon ulit siya ng isang effort na magiging memorable & unforgettable for me. Telling this is somehow embarrassing but that was his second surprising effort that made me literally jump into his arms. Sa araw na 'yon, ayoko sanang tumambay kami sa mall kasi sabi ko malulungkot lang ako dahil 3rd week na ang CHFIL di pa kami nakakanood because wala pa kaming pera pareho, wala akong pwedeng makasama at lalong ayaw niyang manood ako alone. So, I was worried all the time na baka pag nagkapera na kami hindi na ito showing at mabebreak yung record ko of watching all KN movies on the big screen. Kahit ayaw ko pumunta pinush niya pa rin kaya pumayag na lang ako not knowing na may mangyayaring ikakasaya ko nang sobra. Akala ko nga nang-gogoodtime siya. Akala ko joke. Akala ko nantitrip lang. Pero sobra akong nagulat nang sabihin niya na magsisine na daw kami ng CHFIL sa oras na tumuntung na kami ng mall. Ang sabi niya wala pa siyang pera pero shookt binudget na pala niya 'yon para makanood na ko at 'di na ko malungkot. Sa sobrang saya ko puro "talaga? talaga? talaga?" na lang ang nasasabi ko sakaniya at siya naman ngisi lang ng ngisi sakin. Nakakainis. Ayoko pa naman yung pinapaasa ako. But then, he's true to his words. Nilibre niya nga ako ng ticket for CHFIL at sinamahan niya ko manood. Actually he's not a super kathniel fan pero sa sobrang tuwa at gulat ko na nagyaya siyang magsine ng isang kn movie (which is for the first time kasi ako palagi nagyayaya sakaniya dati), natameme at napasmile na lang ako sa tabi niya. After 3 consecutive kn movies (from SDTG to BALU) na alone ako manood, at last nakasama ko ulit siya manood sa harap ng big screen. Namiss ko pa nga yung moments namin during MBL & Pagpag na kinikilig, natatawa, naiiyak, nagugulat ako tapos nahahampas at nakukurot ko siya. Buti hindi siya nagagalit at hindi niya ako hinihiwalayan. Wala na kasi yung ganong feels simula nung naging ldr kami at alone na lang akong nanonood ng kn movies. And that day, April 29, mas naging exciting yung pakiramdam ko na manood ng CHFIL kasama yung mahal ko. I'm so happy that time. Thanks to him and thanks God that I was given such luck. At last mami-meet ko na rin si Gab and Dos sabi ko sa sarili ko, mawiwitness ko na rin ang sinasabi nilang the best kn movie so far. Nakadagdag pa sa eagerness ko na 'wag palampasin 'tong movie na 'to yung mga positive feedbacks na nababasa ko either from my co-fans, casual viewers, pro or non-fans (I'm really lucky na wala akong nabasa or narinig na negative reaction about CHFIL sa social media feeds ko or sa daily conversations around me). Mas marami rin ang mga non-fans na nasiyahan sa movie, nagandahan kay Kathryn, nagwapohan kay Daniel at lumabas ng sinehan na 'di makaget-over sa napanood (ayon sa mga naabot ng paningin at pandinig ko). Totoo naman, naniniwala naman ako sa mga sinasabi nila kasi kaming dalawa mismo ganon din ang naexperience during & after manood. Konti na lang nga yung tao pero rinig pa rin ang malalakas na tawa at ang kilig nila. Feeling ko rin, ilang beses na nilang napanood 'yon at 'di pa sila nagsasawa. Sabagay kami nga rin una pa lang, tawang-tawa na. Sa mga nakapanood na, alam kong alam niyo na kung anong tinutukoy ko na una palang sobrang nakakatawa na. Remember that cr scene? Omg. Eh kasi naman ang galing ni Kathryn don sa scene na 'yon, bat ganon? Pano nila tinuruan si Kath na gawin 'yon? Naloka kaming dalawa don. Sobra kaming natawa kay Kath. Jusmiyo. Mas lalong humihigpit yung hawak namin sa isa't isa habang tawa kami ng tawa sa eksena sa cr na 'yon. It's also pleasing to hear that he's laughing hard like me. Alam ko yung tawa niya kapag natatawa talaga siya kaya alam ko ring havey yung eksena for him. And that whole bar scene? Yes, two thumbs up for that. Another new aura of kathniel. The hyper and loud one. They nailed another scene again & as always. Ang sexy naman ni Dos while saying the line "you're violating me, i like it" pero mas sexy nung binulong 'yon sakin ng katabi ko at pinauulit-ulit na niya 'yon sabihin everytime nag-aasaran kami. Grabe. Alam niya talaga yung makakapagpakilig at makakapagpasaya sakin. Oo mahal ko si Dos, pero si Ryan Edward pa rin ang mas mahal ko ng lubos. *trying hard me* But yeah, boom rhymes 123 abc! Then that sanity scene? Drop the mic para kay Gab. Ang galing! Nakakagoodvibes lahat ng facial expressions niya doon. At sana may available gif or clip nung taong grasa Kathryn. Nakakawala kasi kaya ng stress. It really has a quite nicely blend of humor and drama. Yung never-ending tawa naming dalawa ay yung eksena with Ms. Cherry Pie Picache. We're both laughing like there's no tmrrw. Halos magpukpokan na kaming dalawa sa sobrang laptrip nung eksena na 'yon. Di namin kinaya si Ms. Cherry Pie and the entire scene. Nateary-eye naman ako sa cave scene ni Gab & Dos. Pareho pa naming sinabayan yung mga sinasabi nilang dalawa. Nagka-goosebumps ako sa eksena na 'yon. Dagdagan pa ng mahigpit na hawak kamay namin while repeating the vows na feeling ko ikakasal din kami. The music adds flavor to the romantic side of the movie. Lalo na yung Panalangin by Dos and ofcourse Can't Help Falling In Love by Daniel Padilla. Pero music to my hears ang marinig na ako naman yung kinakantahan ng Can't Help Falling In Love ng boyfriend ko with matching eye-to-eye pa. Halos di ako makatitig ng matagal sakaniya habang kumakanta siya sa tabi ko. The casting also suits each characters. I strongly compliment Kristel, Janus, & Matteo for their undeniable talents. Gab's squad and Dos' family played by different artists has helped in gaining responses from the audience efficaciously. At syempre di ko makakalimutan si Joross bc he really played an important part in the movie. I didn't expect nor foresee na ganon ang mangyayari. Kaya imbis na magworry ako nang si Dos ay dumaosdos, natawa tuloy kami pareho. Medyo bad pero di kasi waley ang scene. Lastly, the combination of the director and the writer's endowment is another formula for completing such worth-watching movie. That's why it grossed way more than what I expected. Then talking about the lead casts, gandang-ganda ako kay Kathryn Bernardo. Sobra. Palagi naman pero palagi rin siyang may bagong naipapakita kaya di nakakasawa. First appearance niya pa nga lang sa movie napa-wow na ko. Hindi pa man din kasama sa trailer 'yon kaya I was mesmerized by the beauty she's carrying while appearing on her first scene. In every angle, every focus, every facial expression (whether it be crying, laughing, smiling or whtvr the director wants), I can see the beauty, the passion and the normalcy of what she's doing. Her eyes is so expressive. Nadadala rin ako sa bawat smile, tawa, at iyak niya. Ang mas masaya ay ang makitang nakasmile rin ang katabi ko. Not with his fake smile. Kaya maybe nagagandahan din siya kay Gab. Kathryn played Gabriella Dela Cuesta very well. I love Gabgab too. And with Jose Ibarra Gonzales? It was outstandingly played by Daniel Padilla. Medyo bad man sabihin pero alam niyo bang napapa-"shet" lang ako everytime na nag-eenglish si Dos? Like omg si Daniel 'yon eh! Si Daniel na bihira mag-English pero pag nagsalita na mas sexy pa sa pag-Español niya. Naiirita na nga ata yung katabi ko everytime kinikilig ako pag nag-eEnglish at nagpapacute si Dos. Buti na lang natolerate pa naman niya ang kabaliwan ko. And I just can't skip that topless Daniel. Heart eyes emoji na yung mata ko non eh. Oo wala siyang abs pero mahal siya ni Kath. Di na niya at di na namin 'yon kailangan dahil 'di naman din 'yon ang basehan. Wala rin namang abs ang boyfriend ko pero hot & sexy pa rin siya sa paningin ko. Ganon kasi magmahal. So don't you also dare say that Daniel is trying hard on making us laugh because the audience proves it all. Hindi lang ako ang natatawa, pati katabi ko, pati mga tao sa sinehan. My boyfriend isn't a fan of Daniel but he laughs too much like me. Kaya walang trying hard don. Hindi siya trying hard. We know that Daniel worked passionately to achieve the Dos we witnessed. Dos is another character he can treasure & we can be proud of. Thus, Kathryn & Daniel proved to each of us how versatile they are. Tama nga si Direk Mae, walang halong keme ang dalawang ito at nahalata ko yon sa movie. Lalo na nung ginawa nila yung mga adventures na 'yon sa Cebu. Astig! Ang ganda! They really slay on every role they portray. I can feel the sincere emotions of all their characters. No doubt why they were complimented by different people on each role they have showed us. Kaya kahit tapos na yung movie walang humpay pa rin siya sa kakapuri na maganda daw ang kwento nito. Given na kasi 'yon sakin at yung marinig yun galing sakaniya ay nakakataba ng puso. Parang yung kathniel na rin kasi mismo ang pinuri niya. Pinagmalaki pa niya sa mga kaibigan niya. Speechless na nga ako kasi mas mukha na siyang fan kaysa sakin. Nagbara na tuloy yung lalamunan ko dahil sa halo-halong saya, kilig at pasasalamat. That's why I'm very thankful to the man behind that euphoric day. It's not easy to find someone like him. Ayoko na nga siyang mawala sakin and hopefully hindi na talaga niya ko iwan or hindi na kami magkahiwalay. I am already very blessed to have him in my life. Parang nagkaroon din ako ng sarili kong Daniel Padilla. Lagi niyang pinaparamdam sakin na mas mahalagang maging masaya ako kaysa sa sarili niya. Dati nga medyo hater pa siya ng katnyel pero ngayon gusto na rin niya sila and suportado pa rin niya ko sa pagfafangirl ko. Hindi siya nagagalit, hindi siya nagseselos sa pagkabaliw ko kay Daniel. Naiintindihan niya na masaya ko when it's all about kathniel. Kaya ang saya-saya ko na nilibre niya ko, na sinamahan niya ko manood at hindi siya nagrereklamo habang nanonood. In fact parehas kaming kinikilig, natatawa at napaparealize sa mga bagay-bagay. Baliw pa nga 'yon eh. Inaasar ako ng inaasar na para daw siyang si Jason dahil nga pa-6 years na rin kami at baka daw kapag may dumating na Dos ay ipagpalit ko na siya. Toinks lang. Hindi naman nga siya parang si Jason eh (oo ganon na kami katagal pero di naman kasi ganon ang ugali niya and I'm happy with him). Sinabi ko na lang na kahit sino pa man ang dumating, siya pa rin naman ang pipiliin ko. Buong movie magka-holding hands lang kami at walang bumibitaw. Mas lalo pa itong humihigpit kada kikiligin ako or matatawa kami pareho sa isang eksena, dialogue or facial expression. Ang mas nakakapanindig balahibo pa ay nung tinawag niya rin akong "misis ko" habang nanonood kami at nakakakilig na hindi lang din 'yon isang beses. Para tuloy pakiramdam ko katulad din ng ending ng movie ang kakahinatnan ng relasyon namin. Hindi man kasinghawig ng relasyon namin ang kwento nina Gab and Dos, ang sarap pa rin sa pakiramdam panoorin ito kasama ang taong mahal na mahal ko. Gab taught me to take risk when loving someone. Dos taught me to be thankful to God everyday. Mga bagay na hindi ko makuhang magawa dati. And things that I am determined to do now, for myself and for the one I love. Thank you CHFIL! It's neither a waste of money nor a waste of time. I really can't help falling in love with Gab & Dos, with DJ & Kath, and of course with my own "mister ko" who spent a precious time with me. Siya na yung panghabangbuhay ko at ako na rin daw ang panghabangbuhay niya. ❤
#prsnl#share#chfil#experience#kathniel fan#kathryn bernardo#daniel padilla#gab#dos#dela cuesta#gonzales#blockbuster#relationship goals#boyfie moments#happy life
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New Post has been published on Forex Blog | Free Forex Tips | Forex News
!!! CLICK HERE TO READ MORE !!! http://www.forextutor.net/pbocs-talks-dim-the-prospect-of-bitcoin-in-china/
PBOC’s Talks Dim the Prospect of Bitcoin in China
This daily digest focuses on Yuan rates, major Chinese economic data, market sentiment, new developments in China’s foreign exchange policies, changes in financial market regulations, as well as market news typically available only in Chinese-language sources.
– Bitcoin platforms are unlikely to become official exchanges in China.
– Consumption’s contribution to the economic growth dropped in 2016.
– Would you like to know more about trading? DailyFX webinars are a great place to start.
To receive reports from this analyst,sign up for Renee Mu’ distribution list.
– The Chairman of PBOC’s Operations Office Zhou Xuedong told on Monday that price bubbles were seen in Bitcoin; proper regulation on Bitcoin trading is needed in China. He said that the regulator will introduce a series of measures in the effort to strengthen oversight on Bitcoin platforms. Also, Zhou emphasized that current Bitcoin online platforms are platforms only, rather than exchanges. To become an exchange, a platform will need to receive approvals from the securities regulator and even the State Council. However, this is unlikely to happen according to Zhou.
After Bitcoin experienced extreme moves in prices in early January, officials from the PBOC’s Operations Office in Beijing and headquarters in Shanghai began to inspect Chinese Bitcoin trading platforms, including the ‘Big Three’ – BTCChina, OKCoin and Huobi. Zhou, as the Chair of the Beijing Operations Office, is considered to be the leader of these inspections and thus, his comments revealed the prospect of Bitcoin in China from a regulator’s point of view.
The trading volume on the Big Three Chinese Bitcoin platforms used to take up 98% of the entire volume across the world. After the Chinese regulator launched inspections, Chinese trading volume plunged and remains subdued.
Data downloaded from bitcoinity.org; chart prepared by Renee Mu.
As of March 13th, China’s share in Bitcoin trading by volume dropped to 19% amid extended suspension in Bitcoin withdrawals in all the Big Three platforms. A Hong Kong based platform, Bitfinex, now ranks the first by volume.
Data downloaded from bitcoinity.org; charts prepared by Renee Mu.
Trading Platforms
Country
btcchina
China
huobi
China
Okcoin
China
bitfinex
Hong Kong
bitflyer
Japan
bitstamp
Luxembourg
coinbase
U.S.
kraken
U.S.
– China’s Finance Minister Zhong Shan and Deputy Minister Qian Keming took questions at a press conference for the National People’s Congress annual conference.
“A trade war between China and the U.S. will hurt both countries. Cooperation is the only right choice.”
China’s Foreign Minister commented on the China-US relationship in an earlier press conference. Both talks show that China is trying to avoid major trade conflicts with the U.S. According to the Finance Minister, trade-related business has generated over 180 million jobs and taxes from trade contributed to 18% of total taxes income.
“Consumption contributed to 64.6% of the economic growth in 2016.”
The ratio shows that spending has become a major driver to China’s economy. However, the proportion of consumption dropped in 2016 from 66.4% in the previous year. A lack of efficient supply and high costs are major obstacles that the country needs to solve in the effort to develop Chinese potential in spending.
To receive reports from this analyst,sign up for Renee Mu’ distribution list.
PBOC’s Talks Dim the Prospect of Bitcoin in China PBOC’s Talks Dim the Prospect of Bitcoin in China https://rss.dailyfx.com/feeds/forex_market_news $inline_image
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2016 World’s Most Beautiful Island: Palawan (Puerto Princesa Travel Guide)
The City of Puerto Princesa in Palawan, Philippines is located 306 nautical miles southwest of Manila, 205 nautical miles from Panay and about 250 nautical miles from Zamboanga. It is bounded on the North by the Municipality of San Vicente and Roxas and on the the South by the Municipality of Aborlan. Its western side faces the South China Sea while in its eastern coast lays the Sulu Sea
Puerto Princesa City has a total land area of 253,982 hectares making it the largest City in the country. It has been acclaimed several times as the cleanest and greenest city in the Philippines. (visitpuertoprincesa.com)
This is the continuation of my Palawan Travel blog, just in case you haven’t read it yet, here’s the link:
http://hazelinwanderland.tumblr.com/post/149607740174/2016-worlds-most-beautiful-island-palawan-el
We arrived in Puerto Princesa by 29th of July around 11:30 PM. We stayed there for 3 days and 2 nights too.
29JUL2016 2330HR
WHERE TO STAY:
After reading some blogs, we decided to check for hotel accommodation in Agoda. We found Puerto Apartments and it is really good for group sharing. We booked the room a week before our tour and we got our room just for 1200PHP per night good for 5 pax. So technically it’s just 240/pax per night, which include airconditioned room with 2 double deck beds ,1 double bed, 1 personal bathroom, refrigerator kitchen with stove and utensils and WIFI access. You can save a lot by booking with them because you can cook your own food. While our Underground River Tour costs 1300 PHP usually costs 1500-1800 PHP and Honda Bay Tour just for 1100 PHP usually costs 1300-1500 PHP. You can contact this number and book a reservation: 0917-3297054 (Again, prices and inclusions are subject to change without prior notice depending on the season)
We got no chance to take a decent picture when we got there because we were really tired when we arrived in the apartment after 7 hours of traveling. This picture was taken during our second night. (Dont mind the messy room hahaha)
30JUL2016 0830HR
Early in the morning when we were fetched by a van going to the well known Under Ground River. Puerto Princesa’s pride is easily the Puerto Princesa Subterranean River (or Underground River), a UNESCO World Heritage Site and one of the New 7 Wonders of Nature.The 8.2-kilometer river, said to be the longest navigable underground river in the world, winds its way underneath a mountain range, through the St. Paul Underground River Cave, and then goes out into the South China Sea. The journey through the cave system alone is 24 kilometers long.The entire area where the Underground River is located is actually a national park and a model of biodiversity. More than 800 plant species, including almost 300 trees, 195 bird species, 30 mammals, 19 reptiles, and eight bat species call this area home. (itsmorefuninthephilippines.com)
Underground River Entrance
We must be proud since it is known for being one of the New 7 Wonders of the World.
This is what to expect when you arrived in the island. And please take note of the rules and regulations of the island that your tour guide will discuss to you. (Be a responsible traveler)
1. Strictly NO SMOKING and Littering within the premises as they are trying to preserve the beauty of the island. 2. Avoid talking too loud or playing loud music so you will not disturb any animals 3. Take care of your belongings since there a lot of instances that monkeys (literal monkeys) are taking the bags or cellphone of the tourist thinking that it is food that they can eat. 4. Avoid walking alone in the woods since a lot of reptiles/wild animals are waiting for you, but you can have a tour in the woods just tell your tour guide ofcourse there will be additional fee for that.
These are just some of the rules that I can remember, no worries everything will be advise to you by your tour guide, if your guide is as great as ours.
Thanks Kuya Argel!
before our turn
Upon entering the island, you will be given these devices that you will use during the tour. Years ago,the tour guide is also happen to be the bangkeros, but they need to take care of the species inside the underground river so the local government decided to use these devices to avoid loud noises that can disturb the animals inside. Your guide will play the audio before you enter the cave, it will describe and help you understand facts about the well known Palawan’s Underground River.
Entering the cave.
Honestly speaking I was afraid to do this because watching horror and suspense movies made me a little bit paranoid. HAHA. Before we start the tour all I imagine are crocodiles, snakes and everything creepy underwater. I personally not into this tour but watching the massive rock formation inside amazed me. Although half of my eyes were closed since I’m really nervous that there might be any reptile or bat that will attack us. HAHAHA. By the way, you will be riding a small boat without a machine to avoid loud noises underwater.
This is the only decent picture inside the cave since we are not allowed to use our camera flash inside.
Photos taken after the tour. Yes I can smile now. HAHAHA
Around 1-2pm our tour was ended and we requested if our tour guide can drop us in Pasalubong Centre. I forgot the exact name and forgot to take some pictures. We ended up spending almost 3 thousand just buying pasalubongs because they were very affordable.(After that we promised we will never spend that much again for pasalubong HAHA) Around 4:30 pm we ended shopping and we took a multicab (12PHP each) and rest at our apartment.
31JUL2016 0800HR
Sadly to say it is our last day in paradise. We woke up early in the morning since our call time was 0830HR to start our Honda Bay Tour. Our first stop was at Starfish Island. But we took some selfies at the port while waiting. :p
One more day in Paradise Literal :(
STARFISH ISLAND
This is actually my favorite island among the 3 islands that we’ve been to in PPS. It is a combination of long white sandbar and blue turquoise water, not to mention the starfishes near the shore. I really enjoyed having fun under the sun and I have to say it is worth the burn hahaha.
It was called Starfish Island for a reason :)
SANDBAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAR :)
Turquoise Salt Water Huehuehue :)
LULI ISLAND
I dont need to say that much about this island just read what’s in the photo below. HAHA! I really enjoyed snorkeling and swimming with the fishes. The highlight of this island is the diving spot but I forgot to take picture of it. I tried jumping once and never try again. HAHAHA
Thats me and my bestfriend
Okay, fail jumpshot. O_O
COWRIE ISLAND
There’s nothing that special about this island but a “not so fine” white sand and water activities such as banana boat ride, jetski, flyfish. We had our lunch and rest a bit and took some photos because we were really tired that day.
Paaak Awra! HAHAHA!
My baby love :)
#2016MadeMeNegra
OUR SAMPLE ITINERARY (3D2N IN PUERTO PRINCESA)
DAY 1: 29JUL2016
2330HR- Arrived in Puerto Apartments. Rest overnight
DAY 2: 30JUL2016
0700HR- Breakfast
0900HR- Left the apartment for Underground River
1100HR-1430HR- Underground River Tour Duration
1500HR-1630HR- Pasalubong Shopping
1630HR Onwards- Free Time and Rest overnight
DAY 3: 31JUL2016
0800HR- Breakfast time
0900HR- Left the hotel for Honda Bay Tour
1000HR-1530HR- Honda Bay Tour Duration
1700HR- ETD from Apartment going to Puerto Princesa Int’l Airport
And we’re done! I hope this blog will help you plan your next trip to Puerto Princesa, but still, El Nido won my heart. I’m so sorry if it took ages to finally publish this blog. I’ve been busy last year and forgot to end this. If you have any questions, suggestions, comments or mga keme, feel free to send me a message. Check out my Dumaguete-Siquijor-Cebu Travel blog soon. Thanks for your time! Let’s explore, get lost and wander!
#puertoprincesa#puertoprincesaphilippines#palawan#philippines#travelblogger#travelphilippines#travelphotography#travel photo blog#travel#travelpinas#pinasvacay2016#pinasvsco#pinasmuna#pinas2016#TravelPh#phfirst
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New Post has been published on Forex Blog | Free Forex Tips | Forex News
!!! CLICK HERE TO READ MORE !!! http://www.forextutor.net/pboc-talks-dim-the-prospect-of-bitcoin-in-china/
PBOC Talks Dim the Prospect of Bitcoin in China
This daily digest focuses on Yuan rates, major Chinese economic data, market sentiment, new developments in China’s foreign exchange policies, changes in financial market regulations, as well as market news typically available only in Chinese-language sources.
– Bitcoin platforms are unlikely to become official exchanges in China.
– Consumption’s contribution to the economic growth dropped in 2016.
– Would you like to know more about trading? DailyFX webinars are a great place to start.
To receive reports from this analyst,sign up for Renee Mu’ distribution list.
– The Chairman of PBOC’s Operations Office Zhou Xuedong told on Monday that price bubbles were seen in Bitcoin; proper regulation on Bitcoin trading is needed in China. He said that the regulator will introduce a series of measures in the effort to strengthen oversight on Bitcoin platforms. Also, Zhou emphasized that current Bitcoin online platforms are platforms only, rather than exchanges. To become an exchange, a platform will need to receive approvals from the securities regulator and even the State Council. However, this is unlikely to happen according to Zhou.
After Bitcoin experienced extreme moves in prices in early January, officials from the PBOC’s Operations Office in Beijing and headquarters in Shanghai began to inspect Chinese Bitcoin trading platforms, including the ‘Big Three’ – BTCChina, OKCoin and Huobi. Zhou, as the Chair of the Beijing Operations Office, is considered to be the leader of these inspections and thus, his comments revealed the prospect of Bitcoin in China from a regulator’s point of view.
The trading volume on the Big Three Chinese Bitcoin platforms used to take up 98% of the entire volume across the world. After the Chinese regulator launched inspections, Chinese trading volume plunged and remains subdued.
Data downloaded from bitcoinity.org; chart prepared by Renee Mu.
As of March 13th, China’s share in Bitcoin trading by volume dropped to 19% amid extended suspension in Bitcoin withdrawals in all the Big Three platforms. A Hong Kong based platform, Bitfinex, now ranks the first by volume.
Data downloaded from bitcoinity.org; charts prepared by Renee Mu.
Trading Platforms
Country
btcchina
China
huobi
China
Okcoin
China
bitfinex
Hong Kong
bitflyer
Japan
bitstamp
Luxembourg
coinbase
U.S.
kraken
U.S.
– China’s Finance Minister Zhong Shan and Deputy Minister Qian Keming took questions at a press conference for the National People’s Congress annual conference.
“A trade war between China and the U.S. will hurt both countries. Cooperation is the only right choice.”
China’s Foreign Minister commented on the China-US relationship in an earlier press conference. Both talks show that China is trying to avoid major trade conflicts with the U.S. According to the Finance Minister, trade-related business has generated over 180 million jobs and taxes from trade contributed to 18% of total taxes income.
“Consumption contributed to 64.6% of the economic growth in 2016.”
The ratio shows that spending has become a major driver to China’s economy. However, the proportion of consumption dropped in 2016 from 66.4% in the previous year. A lack of efficient supply and high costs are major obstacles that the country needs to solve in the effort to develop Chinese potential in spending.
To receive reports from this analyst,sign up for Renee Mu’ distribution list.
PBOC Talks Dim the Prospect of Bitcoin in China PBOC Talks Dim the Prospect of Bitcoin in China https://rss.dailyfx.com/feeds/forex_market_news $inline_image
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