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Title: Where are the Chinese? Post by: Lorenzo on March 05, 2015, 03:10:05 AM I've heard that a large percentage of the Bitcoin community is in China.
Now, it does seem like there are quite a few Chinese people associated with cryptos. For example, there is Charles Lee who created Litecoin and his brother Bobby Lee who owns BTC China. There is also Bter which is located in China. The Chinese language board is also quite active here too, although strangely there are more Russians posting in the Russian board than Chinese in the Chinese board. It also seems that a lot of mining hashrate is located in China (link (http://bitcointalk.org/index.php?topic=976229)) and much of the trading that goes on in exchanges happens there too. But looking at the list of names of people associated with Bitcoin, there doesn't seem to be many Chinese names at all: http://en.wikipedia.org/wiki/Category:People_associated_with_Bitcoin https://en.bitcoin.it/wiki/People https://en.bitcoin.it/wiki/Developers Title: Re: Where are the Chinese? Post by: Gleb Gamow on March 05, 2015, 03:34:41 AM I've heard that a large percentage of the Bitcoin community is in China. Now, it does seem like there are quite a few Chinese people associated with cryptos. For example, there is Charles Lee who created Litecoin and his brother Bobby Lee who owns BTC China. There is also Bter which is located in China. The Chinese language board is also quite active here too, although strangely there are more Russians posting in the Russian board than Chinese in the Chinese board. It also seems that a lot of mining hashrate is located in China (link (http://bitcointalk.org/index.php?topic=976229)) and much of the trading that goes on in exchanges happens there too. But looking at the list of names of people associated with Bitcoin, there doesn't seem to be many Chinese names at all: http://en.wikipedia.org/wiki/Category:People_associated_with_Bitcoin https://en.bitcoin.it/wiki/People https://en.bitcoin.it/wiki/Developers It's worse than that! I don't see any Klingon names. Title: Re: Where are the Chinese? Post by: QuestionAuthority on March 05, 2015, 04:00:44 AM I think all the Chinese moved to San Francisco.
Title: Re: Where are the Chinese? Post by: koshgel on March 05, 2015, 04:15:07 AM I think all the Chinese moved to San Francisco. The current traffic situation would say that's accurate. Title: Re: Where are the Chinese? Post by: hua_hui on March 05, 2015, 04:29:10 AM IMO, Chinese have high level of risk tolerance. They will go wherever can generate profit. There are a lot of them involving in Bitcoin mining business. Some big mining farms are still operating in China and remain anonimous!
Title: Re: Where are the Chinese? Post by: viboracecata on March 05, 2015, 04:36:05 AM Chinese communicate in QQ group, QQ is a top chat tool in China, if you will install QQ, and search one bitcoin related group to join, you can see all the hunger speculators of Chinese
Title: Re: Where are the Chinese? Post by: AgentofCoin on March 05, 2015, 04:41:59 AM One name to rule them all... Lika Shing.
Keep it to yourself though.. Shhhhh... Title: Re: Where are the Chinese? Post by: finlon on March 05, 2015, 05:04:34 AM Chinese have left the boat a long time back .
JK, QQ groups it is. Almost on every chinese profile, you will see the details of the QQ group . Title: Re: Where are the Chinese? Post by: Gleb Gamow on March 05, 2015, 05:17:04 AM Chinese have left the boat a long time back . JK, QQ groups it is. Almost on every chinese profile, you will see the details of the QQ group . Would somebody be so kind as to post a crop screenshot of such. I'm not doubting, just want to see what it looks like on an average user's page. Title: Re: Where are the Chinese? Post by: Herbert2020 on March 05, 2015, 05:24:05 AM i think the chineese are mostly involved as a consumer or user of bitcoin rather than getting involved in technical development of cryptocurrencies. so only the large community which consists of trading, forums, mining etc.
Title: Re: Where are the Chinese? Post by: finlon on March 05, 2015, 05:36:11 AM Chinese have left the boat a long time back . JK, QQ groups it is. Almost on every chinese profile, you will see the details of the QQ group . Would somebody be so kind as to post a crop screenshot of such. I'm not doubting, just want to see what it looks like on an average user's page. Ok ,I might be wrong about the normal users on the forum, but head over to the altcoin section. You will find a lot of the QQ groups. Title: Re: Where are the Chinese? Post by: bryant.coleman on March 05, 2015, 06:17:22 AM Everyone exaggerates the size of the Chinese BTC community. Compared to that in the US and Russia, the Bitcoin sphere in China is still in its infancy. They were latecomers, and it is almost impossible for them to catch up.
Title: Re: Where are the Chinese? Post by: Amph on March 05, 2015, 07:36:11 AM after the peak of 1200, some of them vanished/dispersed, also the fact that there bitcoin is banned(trading i presume), made the thing worse for them
Title: Re: Where are the Chinese? Post by: hua_hui on March 05, 2015, 08:14:29 AM after the peak of 1200, some of them vanished/dispersed, also the fact that there bitcoin is banned(trading i presume), made the thing worse for them not really banned! Gov is just issuing the warning of involving BTC business and stop the direct payment processor channels to crypto exchanges. However they still have their ways to deposit fiat money to exchanges. Trading of cryptocurrencies are not banned. Do you notice some of biggest crypto exchanges are still existing in China, such as OKcoin, Huobi, Btcchina etc?Title: Re: Where are the Chinese? Post by: Undermood on March 05, 2015, 08:23:13 AM Chinese have left the boat a long time back . JK, QQ groups it is. Almost on every chinese profile, you will see the details of the QQ group . Would somebody be so kind as to post a crop screenshot of such. I'm not doubting, just want to see what it looks like on an average user's page. Ok ,I might be wrong about the normal users on the forum, but head over to the altcoin section. You will find a lot of the QQ groups. after the peak of 1200, some of them vanished/dispersed, also the fact that there bitcoin is banned(trading i presume), made the thing worse for them Due to the gov's warning and banning, the Chinese speculators dumped it at a loss and left. Even in the Chinese board, a bit quiet comparing when at the peak of 1200.Title: Re: Where are the Chinese? Post by: Sir Bitcoin on March 05, 2015, 08:24:25 AM I think the Chinese are in China to be honest.. Not entirely sure.
Title: Re: Where are the Chinese? Post by: H.W.Z on March 05, 2015, 08:34:24 AM I think the Chinese are in China to be honest.. Not entirely sure. LOL, yes, common sense. But I need to state the truth. Comparing with western world, it has cheap labor and electricity here in China for doing the mining business.Title: Re: Where are the Chinese? Post by: dothebeats on March 05, 2015, 09:00:07 AM Hmm not entirely sure about this but I think most of them left after the ath. Of course, after getting a lot of money way back 2013, there are no reasons for them to stay (well this is just an assumption though).
Title: Re: Where are the Chinese? Post by: dothebeats on March 05, 2015, 09:01:53 AM Chinese have left the boat a long time back . JK, QQ groups it is. Almost on every chinese profile, you will see the details of the QQ group . Would somebody be so kind as to post a crop screenshot of such. I'm not doubting, just want to see what it looks like on an average user's page. Ok ,I might be wrong about the normal users on the forum, but head over to the altcoin section. You will find a lot of the QQ groups. after the peak of 1200, some of them vanished/dispersed, also the fact that there bitcoin is banned(trading i presume), made the thing worse for them Due to the gov's warning and banning, the Chinese speculators dumped it at a loss and left. Even in the Chinese board, a bit quiet comparing when at the peak of 1200.This might be the case too. The gov't of China's stance against bitcoin isn't exact. One day they plan to ban bitcoin and then the next day they will lift their decision. If you were the Chinese, you will find it difficult to move with that restrictions. Title: Re: Where are the Chinese? Post by: calme on March 05, 2015, 09:02:10 AM Damn, you're right. Just where ARE the Chinese? You never really see them when you leave the house. I guess the world just needs more Chinese ppl. Maybe give them incentives to reproduce more
Title: Re: Where are the Chinese? Post by: gadman2 on March 05, 2015, 09:17:23 AM Damn, you're right. Just where ARE the Chinese? You never really see them when you leave the house. I guess the world just needs more Chinese ppl. Maybe give them incentives to reproduce more Lol at all the idiots recently talking about Chinese people as some kind of minority. I don't think people understand that Chinese are the -majority-, and everything else is the minority. They don't have slanted eyes; you have big googly eyes. Most people are not ready to admit that China will become the pioneer country, leading the world in most standards. Get used to it. Title: Re: Where are the Chinese? Post by: avatar_kiyoshi on March 05, 2015, 09:49:17 AM China always make 1-2 step forward they do an action, they have high motivation with businesses which they can get profit. That's the point I like China ppl they do something with seriously and high motivation. They not run with SIG campaign only ::) lol
Title: Re: Where are the Chinese? Post by: hl5460 on March 05, 2015, 10:16:17 AM I've heard that a large percentage of the Bitcoin community is in China. Now, it does seem like there are quite a few Chinese people associated with cryptos. For example, there is Charles Lee who created Litecoin and his brother Bobby Lee who owns BTC China. There is also Bter which is located in China. The Chinese language board is also quite active here too, although strangely there are more Russians posting in the Russian board than Chinese in the Chinese board. It also seems that a lot of mining hashrate is located in China (link (http://bitcointalk.org/index.php?topic=976229)) and much of the trading that goes on in exchanges happens there too. But looking at the list of names of people associated with Bitcoin, there doesn't seem to be many Chinese names at all: http://en.wikipedia.org/wiki/Category:People_associated_with_Bitcoin https://en.bitcoin.it/wiki/People https://en.bitcoin.it/wiki/Developers 8btc: Chinese Bitcoin Community Report (https://bitcointalk.org/index.php?topic=974675.0) Highlights: ~250k Chinese crypto players 5000+ QQ groups Top 3 cities: Beijing, Guangzhou,Shenzhen Derivative/Futures markets are expanding. Top 3 altcoins: BTS/DOGE/YBC 30% of all players had mining experience 8k qq members remain active on a daily basis. 30k active traders 10% renewal of the whole community Some players have returned to the crypto market after 6 month absence. Full report: http://www.8btc.com/community-report (in Chinese) Title: Re: Where are the Chinese? Post by: Q7 on March 05, 2015, 11:56:20 AM Well even if you don't see them, you just know they are there. Probably they are more active in chinese based forum and that is why you don't see them here. Remembered that I saw a chart that says china based exchangers actually account for more than 90% of the trading activities. If that is what I saw.
Title: Re: Where are the Chinese? Post by: mlferro on March 05, 2015, 01:23:57 PM The Chinese are around, involved in many projects.
I have no doubt about the ability of the Chinese to produce, and I do not doubt at any time than they are able. If I'm not mistaken, today 54% of Bitcoins is mined in China (correct me if I'm wrong). Title: Re: Where are the Chinese? Post by: DeboraMeeks on March 05, 2015, 01:36:58 PM If you still don't understand where are the Chinese, you still don't understand Bitcoins.
I doubt Satoshi was himself a Chinese as they were the first ones to adopt the cryptocurrencies and give it the volume it needed. |