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Will new money be allowed to enter btcchina?
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Topic: Will new money be allowed to enter btcchina? (Read 625 times)
accord01
(OP)
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Will new money be allowed to enter btcchina?
December 06, 2013, 04:08:57 PM
#1
I'm still confused by the new rulings. What is the outlook of new money coming into BTCchina. Has any new money come in yet?
eindbaas
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umad?
⇾
Re: Will new money be allowed to enter btcchina?
December 06, 2013, 04:10:50 PM
#2
nope
thats why we already crashed 250 dolla's
wobber
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Re: Will new money be allowed to enter btcchina?
December 06, 2013, 04:16:02 PM
#3
Quote from: eindbaas on December 06, 2013, 04:10:50 PM
nope
thats why we already crashed 250 dolla's
Because you know, you researched, right?
If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
niothor
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in defi we trust
Re: Will new money be allowed to enter btcchina?
December 06, 2013, 04:25:20 PM
#4
Quote from: eindbaas on December 06, 2013, 04:10:50 PM
nope
thats why we already crashed 250 dolla's
250 dollars where?
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antimattercrusader
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Re: Will new money be allowed to enter btcchina?
December 06, 2013, 04:54:58 PM
#5
Quote from: eindbaas on December 06, 2013, 04:10:50 PM
nope
thats why we already crashed 250 dolla's
Incorrect. As far as I know, individuals are allowed to invest. They're going to implement AML/KNY style requirements like everywhere else, which is annoying, but not that unexpected. 2nd, BTCchina is, if my understanding is correct, already legal and registered appropriately.
Correct me if I am wrong.
BTC: 13WYhobWLHRMvBwXGq5ckEuUyuDPgMmHuK
Boxman90
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Re: Will new money be allowed to enter btcchina?
December 06, 2013, 04:57:56 PM
#6
Isn't BTCChina technically a company/institute handling bitcoin transactions? I could see China needing very little legal paperwork to shut that place down.
They specifically say that for personal use! speculating is okay. Person-to-person transactions are allowed, ie the use of the bitcoin protocol. Insert an intermediary
company
(btcchina), would complicate things in this new ruling.
I'm not sure if it fits but it is risky nonetheless. BTCChina has a considerable risk of being hindered by the Chinese Govt.
LTC: LKKy4eDWyVtSrQAJy7Qmmz61RaFY91D9yC BTC: 18fzdnCkuUNthCD8hM36UBGopFa9ij78gG
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