Bitcoin Forum

Charles Xue just weiboed: bitcoin
http://8btc.com/data/attachment/forum/201409/15/173758jeqe0smvlsewzcnx.png
He got 11 million followers.
Of course it's an PR article, which brings us to a new Chinese payment processor.
blockpay.net
Check out yourself.

Charles Xue Biqun (Chinese: 薛必群; pinyin: Xuē Bìqún), is a Chinese-American entrepreneur and angel investor, better known by his screen name Xue Manzi (薛蠻子).[1] He was one of the founders of UTStarcom, the Chairman of 8848 Electronic Commerce Network, the Chairman of Prcedu.



good to have such people on board.

What the hell is 'weiboed'? Is this like some Chinese Facebook or something?

http://en.wikipedia.org/wiki/Sina_Weibo

Clutching at straws aren't we? Constantly hyping every single pice of news that could even peripherally be a positive

Twitter

It seems like they have their own twitter lol. Would be interesting to know chinese to know what they are talking on there.

http://8btc.com/data/attachment/album/201409/16/155847buvvjct5x294qycx.png
He just retweeted the post, claiming he had invested in some relevant companies and one particular type of cryptocurrency. He will disclose which coin later.

30 minutes ago, he confirmed investment in ripple.
http://8btc.com/data/attachment/forum/201409/17/105927tv38mrcck84uz3q8.jpg
link (http://weibo.com/p/1001603755738882302322)

Hmmm no wonder ripple just took off past litecoin  in market cap.  been watching ripple accumulate market value the last week or two.


What are they planning to do with ripple???

probably they plan to use the platform.  as a platform, the tech is really good.  https://ripple.com/ripple_primer.pdf

ur clutching at Fiat   

 ;D
Ironically , he invested in XRP not bitcoin .
But , it's a good sign to bitcoin & crypto in long term perspective

ripple? lol, makes sense - he should also invest in quak quak coin   ;D

tweet him. :D

but seriously, he could already have plans on how to use the platform as a whole.  not just buying and holding XRP, treating it as a store of value, which is lol.  he should at least utilize the network for his needs.  and him being a billionaire, maybe he already has something in mind.

blockpay.net has some spelling errors. surprises me these apparently big and rich Chinese players are too stingy to even hire a real English speaker to proof read.

How do you think they got rich ?

Why ripple? Must be in on the american market

Ripple had some kind of agreement with Citibank.  

of course I think this stuff is a complete joke - centralized digital currencies like Ripple will never gain mass acceptance.  Maybe Citibank can trade Ripple with other junk banks but they're already doing that with their $Fiat scrips and other papers.

Weibo is big, yeah. I only doubt that this is a very big thing these days, since the clampdown on BTC is quite strong in China now, unfortunately - compared to earlier days!

It is very big.

^ Indeed.  Ripple seems to be doing a great job engaging people - including banks - and introducing them to these new concepts and technologies.  As a tech, I don't like it, but I can see why banks might warm to it (two small US banks adopted Ripple very recently).

He's pumping it, for later dump.