[2014-05-11] Chinese Bitcoin Summit a Success So Far

[aliceHortrex]

http://cointelegraph.com/news/111412/chinese_bitcoin_summit_a_success_so_far

Yesterday was day one of China’s first-ever Global Bitcoin Summit in Beijing. The summit comes during a rough patch for Bitcoin in China as eleven of the country’s major banks have ceased dealing with customers using the digital currency. Despite even more setbacks at the last minute, the summit is so far a success.

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[bryant.coleman]

I do respect the organizers of the Chinese Bitcoin Summit. They are a bunch of intelligent and brave people, not afraid to stand up to the military dictatorship. That said, the success of this summit is a bloody blow to the Chinese military regime.

[sabreezie]

Bitcoin will never succeed in China. We can forget about it once and for all!

[erono]

Are Chinese people able to receive payments to their chinese bank accounts from the exchange where Chinese people converted their bitcoins to fiat? That is my question.

[zzojar]

Is China still carrying the bitcoin price?

[bryant.coleman]

Is China still carrying the bitcoin price?

I think that your question is whether China still influences the Bitcoin exchange rate or not. Not much. Most of the people don't care about China anymore. But still, news from there can have slight impact on the exchange rates.