Bitcoin Forum

Bitcoin => Press => Topic started by: anwen on October 16, 2013, 03:28:01 AM



Title: 2013-10-16 Chinese Internet Giant Baidu Now Accepts Bitcoin
Post by: anwen on October 16, 2013, 03:28:01 AM
http://mashable.com/2013/10/15/baidu-bitcoin/

For Bitcoin, this partnership comes at a crucial time. After the feds busted the online drug bazaar Silk Road and seized all its Bitcoins — roughly 5% of the total in circulations — some speculated that it was the end of the virtual currency. But after dropping dramatically, Bitcoin's price has recovered, reaching a five-month high.

See also: 8 Vendors You Didn't Know Accepted Bitcoins

Now, the digital currency gets the backing of a real Internet giant. Baidu is the fifth most-visited website in the world and China's top site, according to Alexa.

"This is encouraging news, even more so since it is from China and with a NASDAQ-listed company," John Matonis, executive director of the Bitcoin Foundation, told Mashable in an email.


Title: Re: 2013-10-16 Chinese Internet Giant Baidu Now Accepts Bitcoin
Post by: AU on October 16, 2013, 03:39:24 PM
What is Baidu?


Title: Re: 2013-10-16 Chinese Internet Giant Baidu Now Accepts Bitcoin
Post by: kjlimo on October 16, 2013, 03:44:03 PM
What is Baidu?

... this is answered in a million places...

2013-10-16 Chinese Internet Giant Baidu Now Accepts Bitcoin

If you can't read the first post before posting, what makes anyone believe you'll read the second post???


Title: Re: 2013-10-16 Chinese Internet Giant Baidu Now Accepts Bitcoin
Post by: LiteCoinGuy on October 16, 2013, 04:40:53 PM
What is Baidu?

wiki is your friend.