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wholesale jewelry supplies san antonio tx The price of domestic exchanges will be different, but the difference is relatively small. What you said to buy Bitcoin abroad and sell it at home. This is the so -called arbitrage. In fact, many people do this. Ideally, if the RMB and the US dollar can be freely bought and sold at the current exchange rate, the difference in domestic and foreign differences will soon be flattened by arbitrage. However, this is not the case. China has foreign exchange control. It is difficult for you to exchange a lot of exchange rates to the US dollar at the current exchange rate. Now the certification of regular foreign exchanges is very strict. It is not possible to recharge the US dollar transaction Bitcoin. Some small exchange fees are also very high. The price of Bitcoin fluctuates a lot, and the difference between the previously seen may change after a while. In short, ordinary people are risky at home and abroad, and the profitability of profitability is not as big as you think. You now see that this price has been regulated by the market, and it is definitely different from the official exchange rate.
stainless steel jewelry wholesale malaysia The view of exchange rate analysts coincides with the opinions of the American Commodity Futures Trading Commission. The committee said in September 2015 that virtual currency such as Bitcoin was officially regarded as a commodity. According to this, the US Commodity Futures Trading Commission has the right to supervise the supervision of cryptocurrency futures and options transactions.
The foreign exchange strategy director Nick Benblock (Nick) said that to some extent, Bitcoin can be regarded as a form of wealth and investment, which can be regarded as a vague alternative to some extent. Consider the assets.
"As an alternative asset, this type of electronic product may have some value, because 1) you can pay it with it; 2) As far as the ability of blockchain and decentralization methods and verification transactions may have some value may have some value. , "Ben Ni Brock said. "There are other forms of assets, just like people sometimes buy paintings, which is part of their investment portfolio. People buy bottled wine. But some people think that paintings have inherent value."
Tuesday's remarks were added to the above speculation, and he said on Twitter that Bitcoin is a bubble, which helps to trigger a daily price fluctuation of more than $ 200. Kuban wrote: "I don't question its value, but I expressed doubt about valuation."
"This is definitely an exchange medium, but the price fluctuation means as a accounting unit. If you use it, you use it. Bitcoin is not very helpful as a reference, "Ben Ni Brock said.
The purchase of assets as a shelter will bring unexpected consequences. China ’s largest Bitcoin Exchange said last week that because the Chinese government was worried about capital escape and money laundering in the past four months, they volunteered to end the withdrawal business. In February this year, the People's Bank of China required Bitcoin to operate the transaction on the grounds that violated the regulations of foreign exchange management, money laundering and payment settlement. "You can't really valuation for it, said" you really can't create any value, "said Crazy. "
lizzy james jewelry wholesale Main costs:
1. Buying Bitcoin with US dollars usually requires a relatively high fee, about 0.2%.
2, the handling fee for Bitcoin transfer (can be ignored).
3. The handling fee for withdrawal from the domestic exchange is 0.3%to 0.5%.
4, exchange fee for exchange.
5, power transfer to foreign exchanges.
6. Interests generated by borrowing the risk of currency price fluctuations, about 0.1%(can also be hedge with futures, but you need to occupy a certain amount of funds).
The biggest difficulty: How to exchang the RMB in China into the US dollar without restriction. The reason for the difference is that the arbitrage channel is blocked. If you have a restricted exchange channel, then this difference should be made by you.