Post
Topic
Board Bitcoin Discussion
Re: Good News - China
by
Juggy777
on 17/09/2017, 12:11:44 UTC
Mike V - Viacoin Telegram

" I have just spoken to Yobtc.
 They told me that before Sept. 4th they didn't need any licenses to open their exchange.
 So now they have to close down due to new regulations.
 Which probably means that every exchange will be able to purchase licenses soon.
 And open up again.
 So my advice is to buy as much BTC/alts as you can before that happens "



https://twitter.com/TradingWhaIe/status/908607956010389506

Well this is a welcome news, but for me the good news was that knowing market share went down of china and now they hold hardly 10% of the coins. So basically China created this mess to first get the prices lower, then bring the exchanges under regulations and earn tax on it, like how Japan is doing but I do hope they don't get a big market share again, it's a pain if they are in control. But I hope this news cheers the Bitcoin community.