Did any news just happen?

[Ander]

No, I believe btc38 don't hold bitcny, at least for now. They will have bitcny changed into cny through tradebts.com (a counterparty to bitpay) right away.

Thats great, this basically means we have bitpay for BTS now.

[merlin0113]

Thats very interesting.  They are essentially accepting it just like it was regular CNY.

Which is exactly what we want merchants to do - accept a bitasset as identical to the normal currency.

No, I believe btc38 don't hold bitcny, at least for now. They will have bitcny changed into cny through tradebts.com (a counterparty to bitpay) right away.

[Ander]

Thats very interesting.  They are essentially accepting it just like it was regular CNY.

Which is exactly what we want merchants to do - accept a bitasset as identical to the normal currency.

[btswildpig]

would be cool if btc38 could pass on interest on their bitcny customer deposits somehow

BTC38 will not provide CNY-BITCNY trading pairs .
If you deposit BITCNY in BTC38 , you'll get CNY fiat balance , the BITCNY will belong to BTC38 .

[ag]

would be cool if btc38 could pass on interest on their bitcny customer deposits somehow

[ripplexiaoshan]

bitCNY is now equal to CNY, 1:1. Great news +5% +5% +5% +5%

Perhaps we should give whoever behind this to make this deal with btc38 happened a paid delegate position, just as a bonus.

I also agree that this kind of marketing is the best. FYI, the honor belongs to Chinese marketing team. Let's see whether there will be bitUSD trade platform or not. +5% +5%

[Ander]

Lol, coinmarketcap still hasnt updated.

[merlin0113]

WHoever made this deal is the best marketing we have ever had.


The bitCNY peg will be REAL now.

THIS

[Ander]

WHoever made this deal is the best marketing we have ever had.


The bitCNY peg will be REAL now.

[merlin0113]

bitCNY is now equal to CNY, 1:1. Great news +5% +5% +5% +5%

Perhaps we should give whoever behind this to make this deal with btc38 happened a paid delegate position, just as a bonus.

[ripplexiaoshan]

bitCNY is now equal to CNY, 1:1. Great news +5% +5% +5% +5%

[Ander]

20%

[Ander]

I strongly recommend you guys cancell sell order ASAP and have a nice ride, LOL

Have no sell orders, and not going to sell any. :)

[Riverhead]

It's up 16% on BTC38

[merlin0113]

http://www.btc38.com/general/5291.html