EDIT: It dropped about two bucks
Topic: Baidu Stops All Bitcoin-Related Advertising - page 3. (Read 1975 times)
Let's just wait and see the effect of this on the bitcoin price. Let's hope the bitcoin price doesn't drop too much, eh?
EDIT: It dropped about two bucks
EDIT: It dropped about two bucks
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?
Great news Twitch re-adds Bitcoin as payment method.This is really bad news for bitcoin that Baidu Stops All Bitcoin-Related Advertising.Every time we hear a good news beside bad news.Hope Baidu changed their mind and add Bitcoin as payment method for Advertising.
Just waiting for a more information about the explanation from Baidu. maybe the factor is having a big chance cause Baidu stopping all of the advertising is related to bitcoin is an the intervention from the 3rd parties. 
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).
Great news Twitch re-adds Bitcoin as payment method.This is really bad news for bitcoin that Baidu Stops All Bitcoin-Related Advertising.Every time we hear a good news beside bad news.Hope Baidu changed their mind and add Bitcoin as payment method for Advertising.
It won't have any impact on Bitcoin even though Baidu is a huge thing in China. The Chinese government sees Bitcoin as a tool that allows people to get money easily out of the country. I am fairly sure the government has a huge responsibility in Baidu removing their Bitcoin related ads.
Cointelegraph says Baidu invested in Circle two months ago, and stopping Bitcoin related advertising will harm that investment. Baidu might start a new Bitcoin advertising system that gives it more control over who can advertise, what they can advertise, and how much Baidu gets paid for adverts.
Quote
the announcement of Baidu is quite ironic considering the fact that the internet giant invested in Circle, a Bitcoin-based money-sending application just two months ago.
Since they've invested in Circle, they'll probably allow adverts from well-known bitcoin platforms like circle,bitpay and coinbase, which the baidu admins could verify.
If it's the second though, where they got pressured by the government, as cointelegraph says "It may be the Chinese government’s plan to censor out independent cryptocurrencies and push for the advertisement of state-owned and government controlled Blockchain networks and cryptocurrencies."
Let's hope it's the first one though.
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.
*Yeah, haven't seen one on big-media yet, though just yesterday I saw some adverts on wuxiaworld.com (i was shocked, seeing as it reached the lightnovels/translation/readers crowd already) so just a matter of time. lol
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 ?
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.
Cointelegraph says Baidu invested in Circle two months ago, and stopping Bitcoin related advertising will harm that investment. Baidu might start a new Bitcoin advertising system that gives it more control over who can advertise, what they can advertise, and how much Baidu gets paid for adverts.
Quote
the announcement of Baidu is quite ironic considering the fact that the internet giant invested in Circle, a Bitcoin-based money-sending application just two months ago.
The Twitch news is great and something tells me the cat is already out of the bag in china "closing the door after the horse has bolted" so it all good........ cup half full lol 
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 ?
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