How much Bitcoin advertising was taking place on there? Considering you can't use Bitcoin for anything in China there's no incentive for anyone to advertise it other than exchanges.
Correct.People these days make a deal out of such petty news.I wonder why would OP call it a bad move in the faith of bitcoin's future.As said,blowing it out of proportions. Btw exchanges are not the only bitcoin businesses out there.You can pretty much advertise a faucet/a ponzi that is.Good the site made the update.I'm happy they won't be telling me where to invest my coins anymore. *Was tired of that crap already. 
Topic: Baidu Stops All Bitcoin-Related Advertising - page 2. (Read 1975 times)
How much Bitcoin advertising was taking place on there? Considering you can't use Bitcoin for anything in China there's no incentive for anyone to advertise it other than exchanges.
legendary
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Baidu stopping advertising on bitcoin probably may be because government regulations , as bitcoin still not legalized in many countries ,some organization may not opt for advertising such things , but as i know there is always growth on bitcoin
then why the government didn't give a warning to those chinese miners? they're still doing mining activities just like before Quote
now almost all the internet websites are using the bitcoins for transaction.
definitely not right,bitcoin still not that mainstream,bitcoin is now still trying to be accepted worldwide but not yet getting used for almost all of websites So what? How much business was lost? How big was BTC-related advertising on Baidu? I bet it's no big deal. A 5-digit figure at best. Correct me if I'm wrong but I've never seen BTC-related advertising on big media, only on small dedicated websites.
The matter of concern here Is not how much business is lost due to Baidu's this move but trying to figure out what made them took this decision as it indirectly affect entire bitcoin environment.Do they have any inside information of Chinese government going to ban or put controls on bitcoin? So what? How much business was lost? How big was BTC-related advertising on Baidu? I bet it's no big deal. A 5-digit figure at best. Correct me if I'm wrong but I've never seen BTC-related advertising on big media, only on small dedicated websites.
The matter of concern here Is not how much business is lost due to Baidu's this move but trying to figure out what made them took this decision as it indirectly affect entire bitcoin environment 
Baidu stopping advertising on bitcoin probably may be because government regulations , as bitcoin still not legalized in many countries ,some organization may not opt for advertising such things , but as i know there is always growth on bitcoin ,now almost all the internet websites are using the bitcoins for transaction.
hero member
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Bitcoin is better than search engine.
It's like gold, central bank don't talk about it ... but they have a good stock of it (for war).
It's like gold, central bank don't talk about it ... but they have a good stock of it (for war).
bitcoin is different than search engine. search engine give informations about something, bitcoin give investments to us. and when Baidu not using bitcoin like before, then bitcoin still going on to continue the long journey.
people which use Baidu as default search engine really don't care about Baidu stop all bitcoin related advertising, don't need this. all they need is information that Baidu can give to them. or if Baidu can not give the info, then they can use the other search engine.
bitcoin is heading to somewhere better than now, and in future, i think many people especially from government will know and learn and using bitcoin for their transaction.
IMO BTCBTCBTC would be fine without that. It's a whole lot different and a far worse situation when Baidu would decide to censor all bitcoin related searches.
For those who don't know, Baidu is a Chinese search engine and according to Alexa.com, It's considered as the fourth most visited website in the World.
In which ways ? They will be losing out on a lot of ad revenue.If they're fine with that,why should we bother ? 
Whenever there is good news , bad news follows for some reasons. (Twitch re-adds Bitcoin as payment method and now Baidu stops everything related to it).
How many people even use Baidu?Don't think that will be doing any bad to the bitcoin world except for faucets.Do you think they will stop showing faucets as well? Faucet==Bitcoin adds==Against baidu's new terms and conditions?Cointelegraph gave two possible reasons since Baidu didn't make any statements.
- Because of Ponzi schemes which they can't control
- Because government asked them to.
Well,they can always check the businesses before advertising them ?Simply putting a ban on all the advertisements which endorse any bitcoin related investment procedures should have been a much simpler solution- Because of Ponzi schemes which they can't control
- Because government asked them to.
Chinese probably have a better knowledge about Bitcoin then most of the Bitcoiners so I don't think they could fall for Ponzi schemes that easy s, In the other hand I don't think government asked them to do that either.
That's a myth!Don't be surprised to know that Chinese are well versed in running biggest ponzi schemes.So , where Bitcoin is heading... for real ?
Not sure where that is coming from.What any of these has to do with the future of bitcoins?You're blowing it out of proportions!Almost every Chinese out there use Baidu daily. (number of users of internet in China is +700,000) so I guess It will affect Bitcoin on one way or another and yes faucets will be affected as well. (anything related to btc or crypto currencies)
Here are some more stats if anyone's interested: http://expandedramblings.com/index.php/baidu-stats/
For those who don't know, Baidu is a Chinese search engine and according to Alexa.com, It's considered as the fourth most visited website in the World.
In which ways ? They will be losing out on a lot of ad revenue.If they're fine with that,why should we bother ? Whenever there is good news , bad news follows for some reasons. (Twitch re-adds Bitcoin as payment method and now Baidu stops everything related to it).
How many people even use Baidu?Don't think that will be doing any bad to the bitcoin world except for faucets.Do you think they will stop showing faucets as well? Faucet==Bitcoin adds==Against baidu's new terms and conditions?Cointelegraph gave two possible reasons since Baidu didn't make any statements.
- Because of Ponzi schemes which they can't control
- Because government asked them to.
Well,they can always check the businesses before advertising them ?Simply putting a ban on all the advertisements which endorse any bitcoin related investment procedures should have been a much simpler solution- Because of Ponzi schemes which they can't control
- Because government asked them to.
Chinese probably have a better knowledge about Bitcoin then most of the Bitcoiners so I don't think they could fall for Ponzi schemes that easy s, In the other hand I don't think government asked them to do that either.
That's a myth!Don't be surprised to know that Chinese are well versed in running biggest ponzi schemes.So , where Bitcoin is heading... for real ?
Not sure where that is coming from.What any of these has to do with the future of bitcoins?You're blowing it out of proportions!Almost every Chinese out there use Baidu daily. (number of users of internet in China is +700,000) so I guess It will affect Bitcoin on one way or another and yes faucets will be affected as well. (anything related to btc or crypto currencies)
For those who don't know, Baidu is a Chinese search engine and according to Alexa.com, It's considered as the fourth most visited website in the World.
Whenever there is good news , bad news follows for some reasons. (Twitch re-adds Bitcoin as payment method and now Baidu stops everything related to it).
Cointelegraph gave two possible reasons since Baidu didn't make any statements.
- Because of Ponzi schemes which they can't control
- Because government asked them to.
Chinese probably have a better knowledge about Bitcoin then most of the Bitcoiners so I don't think they could fall for Ponzi schemes that easy s, In the other hand I don't think government asked them to do that either.
So , where Bitcoin is heading... for real ?
Whenever there is good news , bad news follows for some reasons. (Twitch re-adds Bitcoin as payment method and now Baidu stops everything related to it).
Cointelegraph gave two possible reasons since Baidu didn't make any statements.
- Because of Ponzi schemes which they can't control
- Because government asked them to.
Chinese probably have a better knowledge about Bitcoin then most of the Bitcoiners so I don't think they could fall for Ponzi schemes that easy s, In the other hand I don't think government asked them to do that either.
So , where Bitcoin is heading... for real ?
I think there are also another scenario:
if they stop to accept btc just because is not profitable?
I means, start to accept btc in a big company (like baidu) means:
- new employment(s) just to set up and run wallet, promo, website script, ads etc...
- pay "taxes"?
- act a first dealer for a new tech. and introducing this new payment system to a big country (the biggest population!)
So what? How much business was lost? How big was BTC-related advertising on Baidu? I bet it's no big deal. A 5-digit figure at best. Correct me if I'm wrong but I've never seen BTC-related advertising on big media, only on small dedicated websites.
as baidu are a big search engine and also said the fourth most visited website in the World ,i think it is just make slower to introduce bitcoin to the world ,
even there only few bitcoin business involved ,
at least something bad happens out there and imo it is just internal problem, baidu can not handle it.
Cointelegraph gave two possible reasons since Baidu didn't make any statements.
- Because of Ponzi schemes which they can't control
- Because government asked them to.
if it's because of ponzi schemes than this is bad for bitcoin since its bad reputation is hurting bitcoin. we need to do something about this.
if it's because of the government than i can understand it and it might be another point for bitcoin. maybe even bring some more clientele.
The Baidu news is a non-issue for Bitcoin. BTC was fine before Baidu did BTC related advertisements and it would not make a difference if they decide to stop now. Maybe the writer of the article at CT thought it would make a good story or something.
Also be careful with most of the BTC news sites. Some of them write stories for the sake of writing and having something fresh and new at their sites. So take some of these stories with a grain of salt.
Also be careful with most of the BTC news sites. Some of them write stories for the sake of writing and having something fresh and new at their sites. So take some of these stories with a grain of salt.
For those who don't know, Baidu is a Chinese search engine and according to Alexa.com, It's considered as the fourth most visited website in the World.
In which ways ? They will be losing out on a lot of ad revenue.If they're fine with that,why should we bother ? Whenever there is good news , bad news follows for some reasons. (Twitch re-adds Bitcoin as payment method and now Baidu stops everything related to it).
How many people even use Baidu?Don't think that will be doing any bad to the bitcoin world except for faucets.Do you think they will stop showing faucets as well? Faucet==Bitcoin adds==Against baidu's new terms and conditions?Cointelegraph gave two possible reasons since Baidu didn't make any statements.
- Because of Ponzi schemes which they can't control
- Because government asked them to.
Well,they can always check the businesses before advertising them ?Simply putting a ban on all the advertisements which endorse any bitcoin related investment procedures should have been a much simpler solution- Because of Ponzi schemes which they can't control
- Because government asked them to.
Chinese probably have a better knowledge about Bitcoin then most of the Bitcoiners so I don't think they could fall for Ponzi schemes that easy s, In the other hand I don't think government asked them to do that either.
That's a myth!Don't be surprised to know that Chinese are well versed in running biggest ponzi schemes.So , where Bitcoin is heading... for real ?
Not sure where that is coming from.What any of these has to do with the future of bitcoins?You're blowing it out of proportions![/quote]
Chinese has been known to censor many things that they do not like and is not in favor of their views, so this is nothing new
its probably both
Even the very techie users got scammed by the trusted exchanges such as crypsy and the rest of the exchanges that could turn scam. polo seem to be acting weird and there could be a chance of hacked declaration. And so the government was alarmed so they asked not to advertise bitcoin related sites before the crypto money can threaten Chinese economy.
Quote
- Because of Ponzi schemes which they can't control
- Because government asked them to.
- Because government asked them to.
Even the very techie users got scammed by the trusted exchanges such as crypsy and the rest of the exchanges that could turn scam. polo seem to be acting weird and there could be a chance of hacked declaration. And so the government was alarmed so they asked not to advertise bitcoin related sites before the crypto money can threaten Chinese economy.
Two possible reasons by cointelegraph could be the real reason behind this but if they don't like to have Ponzi programs running in their network, why don't they just moniter every ad when it is created. If Baidu have stopped than, do you think Google AdWords also do same in future?
They must have thousands, If not millions of ads so monitoring them is probably not an option for them, Google do advertise for random stuff related to Bitcoin (like Bitcoin generators, etc... which obviously doesn't exist and contains malware as bitcoin is based on cryptography).
If a lot of people report them, they will probably get removed, though. (It's the same way as faucets, It's against the rules of Google Adsense, but people use them anyway, so unless someone reports that website, Google won't remove their ads from there)
legendary
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if their government really ask baidu to stops all advertising which is related to bitcoin,i wonder how's about the chinese miners in the near future?
but i guess it's have nothing to do with their government if those miners are now still mining normally without getting warned by their government
but i guess it's have nothing to do with their government if those miners are now still mining normally without getting warned by their government
Quote
Chinese probably have a better knowledge about Bitcoin then most of the Bitcoiners so I don't think they could fall for Ponzi schemes that easy s, In the other hand I don't think government asked them to do that either.
i think it's not right,even in china,i guess there'ss still exist a dumb people who still fall in ponzi 
For those who don't know, Baidu is a Chinese search engine and according to Alexa.com, It's considered as the fourth most visited website in the World.
Whenever there is good news , bad news follows for some reasons. (Twitch re-adds Bitcoin as payment method and now Baidu stops everything related to it).
Cointelegraph gave two possible reasons since Baidu didn't make any statements.
- Because of Ponzi schemes which they can't control
- Because government asked them to.
Chinese probably have a better knowledge about Bitcoin then most of the Bitcoiners so I don't think they could fall for Ponzi schemes that easy s, In the other hand I don't think government asked them to do that either.
So , where Bitcoin is heading... for real ?
To be honest it probably has something to do with the Chinese government trying to combat money-laundering methods, one of them being Bitcoin; a prominent, valuable, easy to move and relatively liquid form of money that can be moved anywhere. Also considering that a lot of Chinese people are trying to get some of their assets out of Chinese banks, there might be some efforts being made by the Chinese government to stop people from easily moving their funds out of the country, or at least hiding them.Whenever there is good news , bad news follows for some reasons. (Twitch re-adds Bitcoin as payment method and now Baidu stops everything related to it).
Cointelegraph gave two possible reasons since Baidu didn't make any statements.
- Because of Ponzi schemes which they can't control
- Because government asked them to.
Chinese probably have a better knowledge about Bitcoin then most of the Bitcoiners so I don't think they could fall for Ponzi schemes that easy s, In the other hand I don't think government asked them to do that either.
So , where Bitcoin is heading... for real ?
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