recently a major China newspaper reported bitcoin

[worldinacoin]

Chinacoin will be coming with rules, death sentences by a bullet for fraudsters perhaps

How will they deal with the inability to counterfeit it. I think this will be a real barrier to entry in to the Chinese market.

Maybe someone will create a 'ChinaCoin' fork and go from there? There'd be no way of counterfeiting them, but creating a fork is probably the next best thing they could do...

[1715421982]

1715421982

[1715421982]

1715421982

[1715421982]

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[1715421982]

1715421982

[Xiong Zhuang]

ha, you people are hilarious.

[o]

There is really a new influx of interest from people in China yesterday (Sep 27), probably someone successfully spreading word. not sure whether it is related to the news, or vice versa.

From the first three graphs below, it signifies that there are around 0.5k new users, who are new to the network and using the newest clients and redownloading the whole block chain. And the last graph suggests that this new bump of people are coming from china (and it is the only bump within this month). The graph also suggests that ut reignites the interest of about 3k chinese people to reconnect to the network.

Though it is only few percent of the bitcoin users, but it alreadt plant a seed in the China.

[sukiho]

I think I read somewhere that the chinese have been using a virtual currency related to a gambling site in quite a big way already, so this may be an easy and welcome progression for them

[Elwar]

yea, fucking major newspaper. my cat's blog has better rank.

Full disclosure though...your cat's blog kicks ass.

[Bigpiggy01]

Remember that China has a lot more USD millionaires than the US does 

Plus a fairly large middle class that's starting to get serious money to play with. The city I'm in, Dalian has a stupid amount of people with a net worth well in excess 500K USD.

[qikaifu]

http://www.alexa.com/siteinfo/fawan.com.cn#

global rank: 153,321
china rank: 13,321

yea, fucking major newspaper. my cat's blog has better rank.

Hey, fuck boy, try this.

http://www.alexa.com/search?q=http%3A%2F%2Fwww.fawan.com%2F&r=site_screener&p=bigtop

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