Bobby Lee, CEO of BTCC (BTC China) is doing an AMA right now.

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Quote from: LiteCoinGuy on November 22, 2015, 05:05:42 PM

Quote from: GriffinHeart on November 22, 2015, 01:19:41 PM

I thought that BTC use was prohibited in China? What is the news on that?
Are the laws in China being relaxed by their government..? (The one child policy is being relaxed, does this follow/has the BTC prohibitation ever been actually enforced?)
Other than that, an AMA is pretty insightful into the bitcoin exchange market (and in the chinese side of the BTC market)
I'll also assume that this is for cheap advertising on top of the (possible) good rep that this will gain them.

no.

http://www.coindesk.com/why-china-is-the-perfect-place-for-bitcoin/

Thanks for the read. Surprised to see ONLY one comment on the article.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1010

In Satoshi I Trust

Quote from: GriffinHeart on November 22, 2015, 01:19:41 PM

I thought that BTC use was prohibited in China? What is the news on that?
Are the laws in China being relaxed by their government..? (The one child policy is being relaxed, does this follow/has the BTC prohibitation ever been actually enforced?)
Other than that, an AMA is pretty insightful into the bitcoin exchange market (and in the chinese side of the BTC market)
I'll also assume that this is for cheap advertising on top of the (possible) good rep that this will gain them.

no.

http://www.coindesk.com/why-china-is-the-perfect-place-for-bitcoin/

GriffinHeart

full member

Activity: 182

Merit: 100

Hello there!

I thought that BTC use was prohibited in China? What is the news on that?
Are the laws in China being relaxed by their government..? (The one child policy is being relaxed, does this follow/has the BTC prohibitation ever been actually enforced?)
Other than that, an AMA is pretty insightful into the bitcoin exchange market (and in the chinese side of the BTC market)
I'll also assume that this is for cheap advertising on top of the (possible) good rep that this will gain them.

ajareselde

legendary

Activity: 1722

Merit: 1000

Satoshi is rolling in his grave. #bitcoin

Quote from: samasas on November 22, 2015, 03:37:04 AM

Quote from: Bitcoinpro on November 22, 2015, 03:22:48 AM

Scam company lol who cares

BTCC is less scam than several Chinese exchanges. The volume in other Chinese exchanges is many time of that in BTCC.

I would take that "volume" with grain of salt, because when you have exchanges with 0 fee, there's nothing stopping them from pumping
up that volume by buying and selling at same prices, buying from own sell orders and so on..

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: Bitcoinpro on November 22, 2015, 03:22:48 AM

Scam company lol who cares

Yes, Bitcoin.com is a royal shitshow, as befitting the flagship forum of the Gavinista XT vanguard.

coinpr0n

hero member

Activity: 910

Merit: 1000

Never used BTCC the company so I can't really opine on that, but I've enjoyed Bobby talking in a couple interviews. Seems knowledgeable and has an interesting perspective.

Blue_Tiger73

member

Activity: 112

Merit: 10

Quote from: Bitcoinpro on November 22, 2015, 03:22:48 AM

Scam company lol who cares

Exactly, who really cares about a really shit, scam company. This makes no difference to the Bitcoin community and you have to be pretty stupid to get involved with the scam.

RealPhotoshoper

legendary

Activity: 1050

Merit: 1001

i think Bobby Lee has success to make BTCC raise up again,btcc got B+
BTCC (formerly BTC China) is one of the oldest Chinese exchanges, in operation since June of 2011–so nearly on their fifth anniversary! They tested out a number of different fee structures–from a small fee on both ends, to a maker-taker system, to a system that seems to be popular among Chinese exchanges: no fees. BTCC works with Litecoin as well as Bitcoin, and runs a number of side-operations, including a mining pool.
http://theblogchain.com/bitcoin-exchange-reviews/btcchina-review/

samasas

newbie

Activity: 55

Merit: 0

Quote from: Bitcoinpro on November 22, 2015, 03:22:48 AM

Scam company lol who cares

BTCC is less scam than several Chinese exchanges. The volume in other Chinese exchanges is many time of that in BTCC.

Bitcoinpro

legendary

Activity: 1344

Merit: 1000

Scam company lol who cares

CoinBateman

sr. member

Activity: 392

Merit: 250

Thanks, also interesting question about the fee model. I have wondered the same question too.

MemoryDealers

vip

Activity: 1052

Merit: 1105

Bobby Lee, CEO of BTCC (BTC China) is doing an AMA right now at Bitcoin.com
BTCC is one of the largest exchanges in the entire world, so there should be some interesting information.
Ask him now at: https://forum.bitcoin.com/ama-ask-me-anything/i-m-bobby-lee-founder-and-ceo-of-btcc-ask-me-anything-t2890.html

Topic: Bobby Lee, CEO of BTCC (BTC China) is doing an AMA right now. (Read 802 times)