BTCC is suspending trades on the 30th, BUT.
They stated its due to the recent ICO rules and NOT because the government has shut them down... I think people are overlooking this.
But what would you do honestly as a Chinese investor?
You might not be able to get your money out as FIAT if you don't do it now at least thats the fear going through the minds of the chinese.
Especially when you government is over controlling and extremely harsh when it comes to enforcing its rule.
I feel like china will prepare a set of rules and laws to make sure they can profit huge off crypto and then allow everything to continue will full legality creating the biggest gains we have ever seen.
They will probably buy up billions at the low end of the dip before releasing the "good news"
and in 5 years chinese government will have trillions in bitcoin US's stupid SEC rules and restrictive slow government will have excluded them from the crypto rush guess who comes out on top?
Well i mean other than us
People are taking all the regulation talk the wrong way. Regulation means that things are being accepted and adopted. Regulation means that we can go about our business legally without concern of our FIAT gateways getting shutdown.
They stated its due to the recent ICO rules and NOT because the government has shut them down... I think people are overlooking this.
But what would you do honestly as a Chinese investor?
You might not be able to get your money out as FIAT if you don't do it now at least thats the fear going through the minds of the chinese.
Especially when you government is over controlling and extremely harsh when it comes to enforcing its rule.
I feel like china will prepare a set of rules and laws to make sure they can profit huge off crypto and then allow everything to continue will full legality creating the biggest gains we have ever seen.
They will probably buy up billions at the low end of the dip before releasing the "good news"
and in 5 years chinese government will have trillions in bitcoin US's stupid SEC rules and restrictive slow government will have excluded them from the crypto rush guess who comes out on top?
Well i mean other than us
People are taking all the regulation talk the wrong way. Regulation means that things are being accepted and adopted. Regulation means that we can go about our business legally without concern of our FIAT gateways getting shutdown.