[2014-04-14] Chinese Bitcoin Exchanges OKCoin and BTC China Planning Bitcoin ATM

[roslinpl]

According to article from BTCWorldNews.com

There is a very good news for China

Chinese Bitcoin Exchanges OKCoin and BTC China Planning Bitcoin ATMs

Just when you thought things in China couldn’t get any more confusing, OKCoin — a bitcoin exchange in the country — announces a bitcoin ATM. A Chinese news-blog posted the first report on the topic on Monday, making note that the exchange would be …
Bitcoin gets easier for consumers to buy, spendKnoxville News Sentinel
Bitcoin Rallies Over 10 Percent, OKCoin to Launch ATMForex Market (blog)

Can you imagine, how many people are over there ? and how many of them will use those ATMs?

After last week panic and "bad rumors" I think China is still a huge player in our BTC World.

[LiteCoinGuy]

yeah but i dont think that the chinese gov will allow these atms... 

[notthematrix]

yeah but i dont think that the chinese gov will allow these atms... 

why? http://www.maxkeiser.com/2013/12/excellent-news-for-bitcoin-china-will-treat-bitcoin-as-a-commodity-rather-than-a-currency/
its legel to buy a commodity and trade it like gold.

[LiteCoinGuy]

yeah but i dont think that the chinese gov will allow these atms...  

why? http://www.maxkeiser.com/2013/12/excellent-news-for-bitcoin-china-will-treat-bitcoin-as-a-commodity-rather-than-a-currency/
its legel to buy a commodity and trade it like gold.

hopefully but its only legal as long as the chinese gov bans it (i guess they change their "laws" like they want to)

but the good thing is: now everyone could be an atm