Post
Topic
Board 中文 (Chinese)
Re: BOUNTY: english speakers who can answer questions about btc in china...
by
tunafish
on 24/12/2014, 01:09:37 UTC
Thank you all for the input and insight. I didn't know the exchanges were all still offering 0% transaction fee ---I remember huobi doing that for a while then stopping and there volume sinking like a rock. So that would certainly explain the amazingly high volume. Hopefully they all reintroduce a modest trade fee (0.10% or so) since the speculation isn't helpful at these levels in terms of helping to stabilize the price. I admit I trade on price changes like most people too but I'd prefer to see long-term stability in bitcoin price even if it means I make 10% instead of 20% in the short term.
It sounds like the attitudes in China a very much like here in the U.S. ... people still don't trust bitcoin or are ignorant of it (all while their credit card and identity information is stolen from hackers targeting major retailers and credit card fee's hurt small businesses). Hopefully they'll come around soon in both our countries.
I sent payments to addresses provided, thanks for your input.