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Bitcoin => Bitcoin Discussion => Topic started by: Jaroslaw on May 07, 2013, 09:11:09 AM



Title: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: Jaroslaw on May 07, 2013, 09:11:09 AM
As many of you know china like doing copy-cat in everything. They dont use google but baidu(chinese copy) they copy everything like phones, cars, tv, even military tanks, airplanes. So why the hell they use bitcoins not they own copy-cat CCNCoin, ChinaCoin or whatever they name it?


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: Ares on May 07, 2013, 09:27:11 AM
I can't think of a single reason.


















































brb selling all my Bitcoins


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: b!z on May 07, 2013, 09:27:37 AM
The answer is they don't use BTC, they use CNC :)


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: Matthew N. Wright on May 07, 2013, 09:30:29 AM
As many of you know china like doing copy-cat in everything. They dont use google but baidu(chinese copy) they copy everything like phones, cars, tv, even military tanks, airplanes. So why the hell they use bitcoins not they own copy-cat CCNCoin, ChinaCoin or whatever they name it?

The only reasoning behind doing so that I can imagine would be to try and somehow regulate the price nationwide. Other than that, what benefit would a worldwide payment service be if it was only mined and exchanged and trusted inside China? They'd be throwing away valuable market exposure.


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: crumbcake on May 07, 2013, 09:34:53 AM
As many of you know china like doing copy-cat in everything. They dont use google but baidu(chinese copy) they copy everything like phones, cars, tv, even military tanks, airplanes. So why the hell they use bitcoins not they own copy-cat CCNCoin, ChinaCoin or whatever they name it?

The only reasoning behind doing so that I can imagine would be to try and somehow regulate the price nationwide. Other than that, what benefit would a worldwide payment service be if it was only mined and exchanged and trusted inside China? They'd be throwing away valuable market exposure.

It's not mined "just inside China."  ChinaCoin = just another name.


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: Matthew N. Wright on May 07, 2013, 09:37:26 AM
As many of you know china like doing copy-cat in everything. They dont use google but baidu(chinese copy) they copy everything like phones, cars, tv, even military tanks, airplanes. So why the hell they use bitcoins not they own copy-cat CCNCoin, ChinaCoin or whatever they name it?

The only reasoning behind doing so that I can imagine would be to try and somehow regulate the price nationwide. Other than that, what benefit would a worldwide payment service be if it was only mined and exchanged and trusted inside China? They'd be throwing away valuable market exposure.

It's not mined "just inside China."  ChinaCoin = just another name.

I never said anything about "ChinaCoin", I was answering the general question which was "Why don't the Chinese just make their own coin?".


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: crumbcake on May 07, 2013, 09:41:22 AM
My mistake--I thought the topic was "China Coin," and it's "China" coin.  Early for me...


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: smoothie on May 07, 2013, 09:41:47 AM
CNC = Chicken Coin


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: Hawker on May 07, 2013, 09:44:35 AM
As many of you know china like doing copy-cat in everything. They dont use google but baidu(chinese copy) they copy everything like phones, cars, tv, even military tanks, airplanes. So why the hell they use bitcoins not they own copy-cat CCNCoin, ChinaCoin or whatever they name it?

Because it would be just another pointless altcoin?  Bitcoin has value that can be used to trade outside of China - its why I originally got interested in Bitcoin.  There is no way some local altcoin can be used the same way.


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: Tirapon on May 07, 2013, 09:55:50 AM
Step 1: Create another pointless alt-coin
Step 2: Call it 'ChinaCoin' and put some Chinese writing on the main website
Step 3: ? ? ? ?
Step 4: Profit

 :)


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: Zaih on May 07, 2013, 10:33:46 AM
Step 1: Create another pointless alt-coin
Step 2: Call it 'ChinaCoin' and put some Chinese writing on the main website
Step 3: ? ? ? ?
Step 4: Profit

 :)

Possibly my favorite post on this site. Pure genius.


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: Tirapon on May 07, 2013, 10:54:03 AM
I wish I could take credit for it, but I actually stole that from southpark  :P


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: RationalSpeculator on May 07, 2013, 11:00:03 AM
As many of you know china like doing copy-cat in everything. They dont use google but baidu(chinese copy) they copy everything like phones, cars, tv, even military tanks, airplanes. So why the hell they use bitcoins not they own copy-cat CCNCoin, ChinaCoin or whatever they name it?

I bet they won't do that. The motivation of copying is PROFIT. They will want to own btc because that's what the world has, and that's where the profit is.


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: oakpacific on May 07, 2013, 11:03:32 AM
Because most of us are not stupid and will not spend our money on some crappy altcoins simply because the letters "CHN" are included in its name.


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: Jaroslaw on May 07, 2013, 11:07:42 AM
Because most of us are not stupid and will not spend our money on some crappy altcoins simply because the letters "CHN" are included in its name.

And here we go with definition with bitcoin and why people buying it. Ponzi scheme :)


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: oakpacific on May 07, 2013, 11:08:56 AM
Because most of us are not stupid and will not spend our money on some crappy altcoins simply because the letters "CHN" are included in its name.

And here we go with definition with bitcoin and why people buying it. Ponzi scheme :)

You seem to know nothing about either Bitcoin or Ponzi scheme, not worth my time.


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: skyhenge on May 28, 2013, 01:54:44 AM
can you buy anything with a chinacoin?


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: str4wm4n on May 28, 2013, 05:09:38 AM
do the chinese even call their country china?


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: farfiman on May 28, 2013, 07:55:12 AM
do the chinese even call their country china?

Zhonghua Renmin Gongheguo


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: Matthew N. Wright on May 28, 2013, 08:01:42 AM
do the chinese even call their country china?

Zhonghua Renmin Gongheguo

"'Murika" seems so much simpler in comparison.


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: anaikh on May 28, 2013, 02:28:04 PM
As many of you know china like doing copy-cat in everything. They dont use google but baidu(chinese copy) they copy everything like phones, cars, tv, even military tanks, airplanes. So why the hell they use bitcoins not they own copy-cat CCNCoin, ChinaCoin or whatever they name it?

most of Chinese use google. But as the gov implements The Great FireWall, you can not search some key words in google. so they have to use Baidu.

BTW, baidu owns its own search patent.


Title: Re: Why chinese ppl should use bitcoins not they copy-cat "CHINA"coin?
Post by: syn999 on May 28, 2013, 03:57:57 PM
CNC is not that well known in China, i dont even think most BTC user heard LTC before