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Title: recently a major China newspaper reported bitcoin Post by: qikaifu on September 28, 2011, 04:14:28 PM and the title said that
"Made your own money and purchase some goods on taobao.com" (the ebay of China) "Someone created bitcoin, exchanging with currencies around the world, some investors are waiting for the rally, and some Chinese people are mining it" and there is a discussion wave about bitcoin on weibo.com, the twitter of China. http://www.fawan.com.cn/html/2011-09/26/content_330104.htm Title: Re: recently a major China newspaper reported bitcoin Post by: Litt on September 28, 2011, 04:38:24 PM Hmm china ::)
Title: Re: recently a major China newspaper reported bitcoin Post by: johnj on September 28, 2011, 04:54:43 PM As big of a 'boom' as mainstream China would be for bitcoin, somehow I just don't see the government embracing a decentralized anything. Maybe Hong Kong or one of the other model areas... but then again maybe my grasp on Chinese politics is outdated.
Title: Re: recently a major China newspaper reported bitcoin Post by: qikaifu on September 28, 2011, 05:20:17 PM well, the ppl living in China are not always acting in the way gov like, just like ppl all around the world.
Title: Re: recently a major China newspaper reported bitcoin Post by: Elwar on September 28, 2011, 05:22:20 PM Like China has any sort of economy...or people...
:o Title: Re: recently a major China newspaper reported bitcoin Post by: dsp on September 28, 2011, 05:30:35 PM and the title said that "Made your own money and purchase some goods on taobao.com" (the ebay of China) "Someone created bitcoin, exchanging with currencies around the world, some investors are waiting for the rally, and some Chinese people are mining it" and there is a discussion wave about bitcoin on weibo.com, the twitter of China. http://www.fawan.com.cn/html/2011-09/26/content_330104.htm How will they deal with the inability to counterfeit it. I think this will be a real barrier to entry in to the Chinese market. Title: Re: recently a major China newspaper reported bitcoin Post by: the founder on September 28, 2011, 05:57:05 PM How will they deal with the inability to counterfeit it. I think this will be a real barrier to entry in to the Chinese market. LOL!!!! Title: Re: recently a major China newspaper reported bitcoin Post by: Elwar on September 28, 2011, 05:59:04 PM http://www.fawan.com.cn/html/2011-09/26/content_330104.htm Link is screwed up...leads to a page full of gibberish. Title: Re: recently a major China newspaper reported bitcoin Post by: ThomasV on September 28, 2011, 06:05:15 PM in case you missed it, there's a chinese bitcoin exchange, where traded volume has been growing nicely:
http://bitcoincharts.com/charts/chart.png?width=700&m=btcnCNY&k=&r=180&i=&c=0&s=&e=&Prev=&Next=&v=1&cv=0&ps=0&l=0&p=0&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&SubmitButton=Draw& Title: Re: recently a major China newspaper reported bitcoin Post by: Elwar on September 28, 2011, 06:10:09 PM This is actually pretty big (just read the article).
Even a small bump in the Chinese market will affect us quite a bit. Title: Re: recently a major China newspaper reported bitcoin Post by: worldinacoin on September 28, 2011, 06:10:42 PM I won't be surprised if bitcoin sites are those about to be blocked by China, they are extremely paranoid about anonymous thingy
Title: Re: recently a major China newspaper reported bitcoin Post by: TiagoTiago on September 28, 2011, 06:27:56 PM I would think it's likely the gov there will find ways to get inside to monitor and control, even if it is by counterfiting Bitcoin itself (not bitcoins, i mean the actual Bitcoin project)
Title: Re: recently a major China newspaper reported bitcoin Post by: worldinacoin on September 28, 2011, 06:33:14 PM I think they will definitely try, if succeed, it should be in, if not, it will be blocked by the Great Wall.
I would think it's likely the gov there will find ways to get inside to monitor and control, even if it is by counterfiting Bitcoin itself (not bitcoins, i mean the actual Bitcoin project) Title: Re: recently a major China newspaper reported bitcoin Post by: Elwar on September 28, 2011, 06:57:59 PM in case you missed it, there's a chinese bitcoin exchange, where traded volume has been growing nicely: http://bitcoincharts.com/charts/chart.png?width=700&m=btcnCNY&k=&r=180&i=&c=0&s=&e=&Prev=&Next=&v=1&cv=0&ps=0&l=0&p=0&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&SubmitButton=Draw& It appears that early September somebody took out a lot of Yuen. Title: Re: recently a major China newspaper reported bitcoin Post by: Bitcoin Oz on September 28, 2011, 07:44:15 PM Maybe they would make their own version. Just like Google has a competitor in baidu bitcoin might have a chinese version.
Title: Re: recently a major China newspaper reported bitcoin Post by: oOoOo on September 28, 2011, 09:04:28 PM It just occurred to me that this could be a way for non-chinese to acquire yuan working around exchange controls. Once the yuan appreciates in value this could turn out to be a profitable venture.
Title: Re: recently a major China newspaper reported bitcoin Post by: istar on September 28, 2011, 09:44:14 PM There have been other articles before in some quite big chinese newspapers on the economic pages.
Title: Re: recently a major China newspaper reported bitcoin Post by: afro25 on September 28, 2011, 09:58:17 PM How will they deal with the inability to counterfeit it. I think this will be a real barrier to entry in to the Chinese market. Maybe someone will create a 'ChinaCoin' fork and go from there? There'd be no way of counterfeiting them, but creating a fork is probably the next best thing they could do... Title: Re: recently a major China newspaper reported bitcoin Post by: Technomage on September 28, 2011, 10:34:17 PM This is great news. Could be really big. What people maybe don't know about China is that there are a lot of people there who don't like the government controlling them and have found ways to go around anything they try. Incidentally, it happens that the crowd that usually gets most interested in Bitcoin (both left- and right-wing liberals, who are often geeks as well), is the kind of crowd that can't be stopped by the Chinese government.
There might be barriers, possibly very big barriers, for Bitcoin to reach Chinese mainstream, but even if it reaches the liberal geeks in China it will make a big effect. The numbers we're talking about is still millions of people. Title: Re: recently a major China newspaper reported bitcoin Post by: Prze_koles on September 28, 2011, 10:35:09 PM http://www.alexa.com/siteinfo/fawan.com.cn#
global rank: 153,321 china rank: 13,321 yea, fucking major newspaper. my cat's blog has better rank. Title: Re: recently a major China newspaper reported bitcoin Post by: worldinacoin on September 29, 2011, 12:07:33 AM Chinacoin will be coming with rules, death sentences by a bullet for fraudsters perhaps
How will they deal with the inability to counterfeit it. I think this will be a real barrier to entry in to the Chinese market. Maybe someone will create a 'ChinaCoin' fork and go from there? There'd be no way of counterfeiting them, but creating a fork is probably the next best thing they could do... Title: Re: recently a major China newspaper reported bitcoin Post by: Xiong Zhuang on September 29, 2011, 02:23:39 AM ha, you people are hilarious.
Title: Re: recently a major China newspaper reported bitcoin Post by: o on September 29, 2011, 03:38:03 AM There is really a new influx of interest from people in China yesterday (Sep 27), probably someone successfully spreading word. not sure whether it is related to the news, or vice versa.
From the first three graphs below, it signifies that there are around 0.5k new users, who are new to the network and using the newest clients and redownloading the whole block chain. And the last graph suggests that this new bump of people are coming from china (and it is the only bump within this month). The graph also suggests that ut reignites the interest of about 3k chinese people to reconnect to the network. Though it is only few percent of the bitcoin users, but it alreadt plant a seed in the China. 8) http://bitcoinstatus.rowit.co.uk/newhosttodayStart.png http://bitcoinstatus.rowit.co.uk/versionsStart.png http://bitcoinstatus.rowit.co.uk/downloadsStart.png http://bitcoinstatus.rowit.co.uk/countryHostsStart.png Title: Re: recently a major China newspaper reported bitcoin Post by: sukiho on September 29, 2011, 08:40:38 AM I think I read somewhere that the chinese have been using a virtual currency related to a gambling site in quite a big way already, so this may be an easy and welcome progression for them
Title: Re: recently a major China newspaper reported bitcoin Post by: Elwar on September 29, 2011, 10:38:09 AM yea, fucking major newspaper. my cat's blog has better rank. Full disclosure though...your cat's blog kicks ass. Title: Re: recently a major China newspaper reported bitcoin Post by: Bigpiggy01 on September 29, 2011, 03:37:07 PM Remember that China has a lot more USD millionaires than the US does ;D
Plus a fairly large middle class that's starting to get serious money to play with. The city I'm in, Dalian has a stupid amount of people with a net worth well in excess 500K USD. Title: Re: recently a major China newspaper reported bitcoin Post by: qikaifu on September 30, 2011, 09:04:22 AM http://www.alexa.com/siteinfo/fawan.com.cn# global rank: 153,321 china rank: 13,321 yea, fucking major newspaper. my cat's blog has better rank. Hey, fuck boy, try this. http://www.alexa.com/search?q=http%3A%2F%2Fwww.fawan.com%2F&r=site_screener&p=bigtop Site Information for fawan.com Get Details Alexa Traffic Rank: 32,289 Traffic Rank in CN: 3,188 Sites Linking In: 749 Search Results for http://www.fawan.com/Displaying 1 to 1 out of 1 sites. |
