Author

Topic: Baidu no longer accepts bitcoin (Read 3559 times)

newbie
Activity: 54
Merit: 0
December 06, 2013, 12:58:26 PM
#30
thx for info  Smiley
legendary
Activity: 1526
Merit: 1002
Bulletproof VPS/VPN/Email @ BadAss.Sx
December 06, 2013, 12:00:02 PM
#29
Ah well, back to our own community again haha. Don't forget the  Bitcoin conference in India the 14th & 15th december
full member
Activity: 127
Merit: 100
December 06, 2013, 11:50:53 AM
#28
Bitcoin allowed in China ? Seems strange it happened just for short time...
hero member
Activity: 826
Merit: 501
in defi we trust
December 06, 2013, 11:44:13 AM
#27
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.
sr. member
Activity: 308
Merit: 251
Giga
December 06, 2013, 11:44:08 AM
#26
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.
hero member
Activity: 1302
Merit: 502
December 06, 2013, 11:44:03 AM
#25
Good thing the Chinese can still use it as a savings account.  Cool
ImI
legendary
Activity: 1946
Merit: 1019
December 06, 2013, 11:41:24 AM
#24
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
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
December 06, 2013, 11:37:26 AM
#23
Someone tought China was a free nation? Lol
legendary
Activity: 1316
Merit: 1000
Varanida : Fair & Transparent Digital Ecosystem
December 06, 2013, 11:26:38 AM
#22
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
sr. member
Activity: 336
Merit: 250
December 06, 2013, 11:01:52 AM
#21
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
full member
Activity: 177
Merit: 100
December 06, 2013, 11:01:02 AM
#20
The fact is that bitcoin can't be destroyed or stopped, so if everythineg continue to go bad for bitcoin in 20 years someone will ask: "we have bitcoins for 20 years and it is still not regulated, let regulate that thing"!. So, bitcoin willl succeed, the question is "when"?
legendary
Activity: 1792
Merit: 1047
December 06, 2013, 10:57:46 AM
#19
Very interesting. This will have negative implications on the bitcoin ecosystem BUT, rest assured, the weak ones are being shaken.

For the rest of us, $1 BTC is fine. Or even litecoin, but I don't see it gaining that much traction to be recognized and accepted.

For now it seems china considers Bitcoin to be a commodity due to the deflationary nature vs fiat.
hero member
Activity: 826
Merit: 501
in defi we trust
December 06, 2013, 10:22:09 AM
#18
Well , Baidu as a company never accepted bitcoins.
And I doubt they even had any customers seeing the transactions on that address.
newbie
Activity: 48
Merit: 0
December 06, 2013, 10:08:08 AM
#17
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.


I'm just contrasting opinions on whats 'going to' happen to stuff that HAS happened.

So am I. When David Woo talks (happened after PBoC event) Wall Street listens, and they'll get into the game. Meanwhile, more and more merchants are accepting Bitcoin (but not in China of course). The game has shifted from Asia to West. The space race continues.
sr. member
Activity: 252
Merit: 250
December 06, 2013, 09:58:09 AM
#16
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.


I'm just contrasting opinions on whats 'going to' happen to stuff that HAS happened.
newbie
Activity: 48
Merit: 0
December 06, 2013, 09:56:50 AM
#15
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.
sr. member
Activity: 252
Merit: 250
December 06, 2013, 09:52:28 AM
#14
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.
newbie
Activity: 48
Merit: 0
December 06, 2013, 09:50:26 AM
#13
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/
full member
Activity: 196
Merit: 100
December 06, 2013, 09:50:16 AM
#12
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.
you saying from now on until the end of time, btc will never enter a bear market again?? i order some of what you're taking bud Cheesy
legendary
Activity: 1064
Merit: 1001
December 06, 2013, 09:36:10 AM
#11
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.
sr. member
Activity: 448
Merit: 250
“A decentralized registry for unique assets”
December 06, 2013, 09:31:25 AM
#10
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
full member
Activity: 238
Merit: 100
December 06, 2013, 09:30:05 AM
#9
Very interesting. This will have negative implications on the bitcoin ecosystem BUT, rest assured, the weak ones are being shaken.

For the rest of us, $1 BTC is fine. Or even litecoin, but I don't see it gaining that much traction to be recognized and accepted.

Well, but we have extremely positive news from Wall Street, so it will balance out quite nicely.

Problem with wall street is that they love bubbles, and love to gamble, so of course they're going to love bitcoin.
sr. member
Activity: 252
Merit: 250
December 06, 2013, 09:28:39 AM
#8
Current price level seems very feeble but I suppose this does not have the power of a bloomberg tweet.
sr. member
Activity: 252
Merit: 250
December 06, 2013, 09:27:04 AM
#7
This is very telling on the true nature of the news yesterday. I get people trying to downplay it but this could get real ugly.  Locking in profits may not be a bad idea.  Just saying.
newbie
Activity: 48
Merit: 0
December 06, 2013, 09:19:46 AM
#6
Very interesting. This will have negative implications on the bitcoin ecosystem BUT, rest assured, the weak ones are being shaken.

For the rest of us, $1 BTC is fine. Or even litecoin, but I don't see it gaining that much traction to be recognized and accepted.

Well, but we have extremely positive news from Wall Street, so it will balance out quite nicely.
legendary
Activity: 1064
Merit: 1001
December 06, 2013, 09:13:10 AM
#5
Wrong! didn't bought.

And you keep thinking of speculation, while I was talking about payment methods and all
full member
Activity: 140
Merit: 100
Bitcoin - love & hate
December 06, 2013, 09:10:34 AM
#4
Very interesting. This will have negative implications on the bitcoin ecosystem BUT, rest assured, the weak ones are being shaken.

For the rest of us, $1 BTC is fine. Or even litecoin, but I don't see it gaining that much traction to be recognized and accepted.

1$ BTC is only good for the ones who paid less.
All others paid the top of the pyramide and lose money.

And I think you bought over 500$. That's a factor 500!
hero member
Activity: 545
Merit: 500
legendary
Activity: 1064
Merit: 1001
December 06, 2013, 09:07:54 AM
#2
Very interesting. This will have negative implications on the bitcoin ecosystem BUT, rest assured, the weak ones are being shaken.

For the rest of us, $1 BTC is fine. Or even litecoin, but I don't see it gaining that much traction to be recognized and accepted.
hero member
Activity: 545
Merit: 500
December 06, 2013, 09:05:09 AM
#1
http://jiasule.baidu.com/news/52a18454bf9efd290bfdcc69/

Seems they are out of the bitcoin game for now (and China Telecom is out aswell it seems).
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