Chinese bitcoin site JUA just acquired new domain name BitBank.com

[nextblast]

This is very fresh news: JUA has just acquired domain BitBank.com, aiming to become the world's biggest and most professional bitcoin deposit / interest earning service provider.

It is guessed that the price of this domain should be on par with that of BitPay.com, but they have not commented on how much it cost for the purchase.

JUA's  CEO, Mr. Songxiu Hua (also the founder of BW.com pool, and ChBTC.com exchange), spoke earlier that they are building a team that operates in the U.S. to promote their service outside China.

While the new domain has not been linked to their original site yet, they are already launching a logo voting campaign in Weibo (Chinese version of Twitter).
http://weibo.com/5181983458/C84rpjg8Q?type=repost#_rnd1426075004971
In Weibo, voters get 0.005BTC for each vote.

Here are some of the examples. Which one do you like?











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[neoneros]

Let's create a currency where we do not need banks anymore, they only try to scam us all.. so Bitcoin was born. And now this? Bitcoin banks?

[Eastwind]

Associating Bitcoin with bank is misleading at this stage as banks are regulated with certain protection to the depositors.

[Agestorzrxx]

Those who put they bitcoin into this site are idiot.
There are already a scam site as this one who ask people save their bitcoin to the site.

[Q7]

That highly brandable domain itself must be worth a lot to purchase. This shows they are really serious and committed to develop the business which is good. What concerns me is the kind of service they are providing which I think is more towards interest earning kind of thing that pays you for depositing your fund with them.

[hua_hui]

Associating Bitcoin with bank is misleading at this stage as banks are regulated with certain protection to the depositors.

yes, our bitcoin is not Guaranteed when saving there! Actually it is a kind of investment associated with high level of risk!

[tadakaluri]

Associating Bitcoin with bank is misleading at this stage as banks are regulated with certain protection to the depositors.

yes, our bitcoin is not Guaranteed when saving there! Actually it is a kind of investment associated with high level of risk!

Yes, I agree with you 100%. The investment with them must high level of risk.

[TheGr33k]

That highly brandable domain itself must be worth a lot to purchase. This shows they are really serious and committed to develop the business which is good. What concerns me is the kind of service they are providing which I think is more towards interest earning kind of thing that pays you for depositing your fund with them.

commited to making a reputable company or gox

[Hazir]

Let's create a currency where we do not need banks anymore, they only try to scam us all.. so Bitcoin was born. And now this? Bitcoin banks?

That is why most of the early bitcoin users are with bitcoin and loves it exactly how it is. They hate banks and current financial system. This site will be probably marketed to the different target.

Associating Bitcoin with bank is misleading at this stage as banks are regulated with certain protection to the depositors.

Exactly. For now it is just blasphemy for every bitcoin user. But imagine this site in couple years. It could be new number 1. Bitcoin site. Sadly.

[johnscoin]

Another Chinese scam site. Again