Baidu no longer accepts bitcoin

[revans]

Just when bitcoin was about to hit the atmosphere on the way to Da moon, china hacked the navigation system in the thing and now it can't find  moon

You will see that bitcoin is tough, is the tank of economy. It will survive. Actually, I'd be very surprised if we will enter a bear market from now.

Agreed. Let's balance the negative news from PBoC with this:

http://www.businessinsider.com/david-woo-on-bitcoin-2013-12

and this:

http://www.coindesk.com/zipzap-offer-cash-bitcoin-service-28000-uk-locations/

and this:

http://www.coindesk.com/bitcoin-price-reach-98500-say-wall-street-analysts/

Two of those is some guys expressing their opinion while zipzap is a news thats recurring since June. Counter that with the cold reality of Bitcoin being banned for transactions in China.

So David Woo is "some guy"? Are you serious? I think it is not to far away when Wall Street will pump money into the Bitcoin exchanges; it will balance the negative impact from PBoC.

They've already done it. You've had the pump, and now comes the dump

[viboracecata]

Well , Baidu as a company never accepted bitcoins.
And I doubt they even had any customers seeing the transactions on that address.

Not never, but temporary

[Gabi]

Someone tought China was a free nation? Lol

[ImI]

Well , Baidu as a company never accepted bitcoins.
And I doubt they even had any customers seeing the transactions on that address.

nevertheless its bad news

[humanitee]

Good thing the Chinese can still use it as a savings account. 

[GigaCoin]

This is not good news, first the banks now Baidu and i assume any merchants will stop accepting bit coins for sometime.

Thanks for this update, i think will see prices go lower in the coming days.

[niothor]

Well , Baidu as a company never accepted bitcoins.
And I doubt they even had any customers seeing the transactions on that address.

nevertheless its bad news

Of course , but I wasn't a fan of this red china adoption madness.
Nor the current upcoming India one.
The money and the shops are still in the gold old US and EU.

[fiddelingones]

Bitcoin allowed in China ? Seems strange it happened just for short time...

[BadAss.Sx]

Ah well, back to our own community again haha. Don't forget the  Bitcoin conference in India the 14th & 15th december

[lotusblüte]

thx for info