Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Crypti | Release July | 100% POS | New Source
by
hatecrypti
on 10/07/2014, 15:46:02 UTC
Attitude of China govement regarding BTC/altcoin is not clear until now, may be these coins will be forbidden in China via this IPO thing, let's wait and see.

First (as it was said many times), it is not IPO but rather a pre-sale of Crypti.

Second, Bter has done their own legal homework as well, before joining this pre-sale.
Man, let's wait and see, I have said the policy regarding BTC is not clear in China, there has been two round suppresses in the last few months by the government, and I think you have noticed the price wave of BTC, and you can check the related news if you know Chinese, it's not illegal now but no one can guarantee it still will be not illegal in the next days, BTC and alt coins has damaged the interests of China banks and stock exchange which runs by government, may be the government just needs an excuse to suppress BTC/alt coins again, government don't like BTC. Bter said they have done legal homework, it's true but not completely true since they want this coin to make money, I have listed some things they don't want to say above