cactus-pits
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Activity: 21
Merit: 0
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October 15, 2013, 11:40:18 PM |
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me rikey!
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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niothor
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October 16, 2013, 12:01:44 AM |
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slothbag
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October 16, 2013, 12:06:44 AM |
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Let's be realistic this is probably nothing to do with Baidu management or employees but some techy in a newly acquired subsidiary who convinced the boss to accept Bitcoin for their DDoS protection service.
Sounds like a perfect pump and dump too me.. techie from acquired subsidiary buys as much bitcoin as he can afford, and tells his friends and family to do the same.. btcchina exchange rate gets a nice volume/price ramp up.. make the Baidu announcement and watch the price go to the moon and sell.. |
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Phinnaeus Gage
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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October 16, 2013, 12:52:56 AM |
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Interesting how the following chart resembles recent Mt Gox's rate:  |
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jl2012 (OP)
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Activity: 1792
Merit: 1092
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October 16, 2013, 12:53:54 AM |
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Let's be realistic this is probably nothing to do with Baidu management or employees but some techy in a newly acquired subsidiary who convinced the boss to accept Bitcoin for their DDoS protection service.
It depends on how Baidu works internally and how much freedom is given to subsidiaries. For a big company like Baidu they should have all these rules written. |
Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)
LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)
PGP: D3CC 1772 8600 5BB8 FF67 3294 C524 2A1A B393 6517
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trilightzone.org
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Activity: 47
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October 16, 2013, 01:49:22 AM |
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That's good news for the bitcoin community !  From experience quite a few of friends and even clients started to use / accept bitcoin for their product as we try to take the time to explain about bitcoin when asked about it. There is so much information about it but what we noticed is that sometimes people don't need to know all the technical ins and outs of bitcoin to understand it and use it. |
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balanghai
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October 16, 2013, 03:13:11 AM |
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This is good for chinese people! I don't know if its good for their gu\/3mint.
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Financisto
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October 16, 2013, 03:36:23 AM |
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Will the Chinese Gov. allow that in the long run?
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Vycid
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Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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October 16, 2013, 03:52:16 AM |
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Will the Chinese Gov. allow that in the long run?
Who knows. The Chinese are very upset with the dollar, and would be happy to undermine it. That is evident from even a cursory glance at the news. Maybe they see Bitcoin as a political opportunity. |
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freedomno1
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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October 16, 2013, 04:02:52 AM |
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Will the Chinese Gov. allow that in the long run?
Who knows. The Chinese are very upset with the dollar, and would be happy to undermine it. That is evident from even a cursory glance at the news. Maybe they see Bitcoin as a political opportunity. It would be a smart political play from their perspective in my opinion as it relies less on the US backed debt-securities and rather on something that they can make into a global trading mechanism |
Believing in Bitcoins and it's ability to change the world
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BitThink
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Activity: 882
Merit: 1000
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October 16, 2013, 04:05:47 AM |
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Just one (a small one) of many services of Baidu trying to accept bitcoin. I don't think that is a big deal at all. I will only be impressed if their advertisement service begins accepting bitcoin.
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p2pbucks
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October 16, 2013, 04:40:48 AM |
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 Keep going!
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Phinnaeus Gage
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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October 16, 2013, 05:16:43 AM |
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Just 1 well known company starts accepting it aaaand Twitter, right after their IPO. |
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molecular
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Activity: 2772
Merit: 1019
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October 16, 2013, 06:16:13 AM |
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Let's be realistic this is probably nothing to do with Baidu management or employees but some techy in a newly acquired subsidiary who convinced the boss to accept Bitcoin for their DDoS protection service.
"Hey Boss, let's make some money... you know, for us. Our wifes and kids. Here's how we do it..." |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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lemons
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October 16, 2013, 07:44:52 AM |
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good news!!
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servicelabs
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Activity: 1064
Merit: 1001
itkylin.com
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October 16, 2013, 07:57:32 AM |
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good news!
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Zangelbert Bingledack
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Activity: 1036
Merit: 1000
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October 16, 2013, 08:03:34 AM |
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Something's not adding up right. I'm witnessing a page view every second.
Welcome to the Reddit effect. |
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Nagan
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Activity: 100
Merit: 10
Bitcoin is physical
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October 16, 2013, 08:59:12 AM |
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Lazy bastards can't even translate it properly, just copy/paste from Google translate? Really? What is "music Bitcoin accelerated payment?" No wonder I don't read this joke of a website for "news." I imagine Robin Li waking up this morning surprised with all this trollmedia hype over Jiasule decision. Ouch... As if Yahoo itself could start accepting Bitcoins for some minor service, so that they would be cool again  |
Bitcoin is physical.
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Phinnaeus Gage
Legendary
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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October 16, 2013, 04:34:52 PM |
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Just 1 well known company starts accepting it aaaand Twitter, right after their IPO. Are you sure? Source? Reason? No proof. I was just expanding upon the post I quoted, but it would be nice, wouldn't it? |
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