Author Topic: 1 BitCNY is no longer worth 1 CNY at the moment  (Read 505 times)

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Offline btswildpig

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1 BitCNY is no longer worth 1 CNY at the moment
« on: April 27, 2015, 06:12:31 pm »
http://www.transwiser.com/

transwiser.com is offering 1.004 CNY for 1 BitCNY 

I could earn some money if only I can get some BitCNY at the cost of exactly 1 CNY and sell it on transwiser.com , and goes on and on ...
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Offline Ander

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Re: 1 BitCNY is no longer worth 1 CNY at the moment
« Reply #1 on: April 27, 2015, 06:21:14 pm »
Its interesting how when the bitUSD and bitCNY pegs broke slightly, they caused the bitAssets to become MORE valuable, not less.  (Probably because the system ended up being too biased against the shorts). 
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline btswildpig

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Re: 1 BitCNY is no longer worth 1 CNY at the moment
« Reply #2 on: April 27, 2015, 06:23:44 pm »
Its interesting how when the bitUSD and bitCNY pegs broke slightly, they caused the bitAssets to become MORE valuable, not less.  (Probably because the system ended up being too biased against the shorts).

Transwiser is testing a theory to see if people will short more BitCNY if he offers higher price on BitCNY .
这个是私人账号,表达的一切言论均不代表任何团队和任何人。This is my personal account , anything I said with this account will be my opinion alone and has nothing to do with any group.