Breaking news: Baidu (NASDAQ:BIDU) accepts BITCOIN! - page 8.

foggyb

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Quote from: Minthos on October 15, 2013, 08:31:45 AM

Quote from: greyhawk on October 15, 2013, 07:56:53 AM

They're gonna get their teeth kicked in.

http://blogs.wsj.com/chinarealtime/2009/06/29/china-cracks-down-on-virtual-currency-for-real/

How are they gonna get rid of those coins they take in without breaking the "You can't buy real things with virtual currency" laws?

Perhaps China don't consider Bitcoin a virtual currency.

I agree. Bitcoin is not a VIRTUAL currency, it IS money.

Patel

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Looks like the article links to this page, and this page links to the article.

Is this even confirmed?

Phinnaeus Gage

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Bitcoin: An Idea Worth Spending

Quote from: Severian on October 15, 2013, 10:18:05 AM

Quote from: Phinnaeus Gage on October 15, 2013, 10:10:16 AM

Between you, I and LocalBitcoins, I don't think a single one of the ~2B Chinese have yet used the service.

Can't disagree. That said, I don't think this company would be offering a btc address unless they had some kind of tacit approval from on high in Beijing.

When did it change from Peking, btw? Perfectly good name with fewer letters.

I miss Bombay and, come to think of it, New Amsterdam.

Phinnaeus Gage

legendary

Activity: 1918

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Bitcoin: An Idea Worth Spending

Fuck it! Somebody had to do it, and besides, more search juice for both services on opposite sides of the globe: https://bitcointalksearch.org/topic/1ntbqkvfxapc8mmbowwrzhg7o3emcbsxng-watch-311027.

Severian

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Quote from: Phinnaeus Gage on October 15, 2013, 10:10:16 AM

Between you, I and LocalBitcoins, I don't think a single one of the ~2B Chinese have yet used the service.

Can't disagree. That said, I don't think this company would be offering a btc address unless they had some kind of tacit approval from on high in Beijing.

When did it change from Peking, btw? Perfectly good name with fewer letters.

dserrano5

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Quote from: Phinnaeus Gage on October 15, 2013, 09:59:58 AM

https://blockchain.info/address/1NtbQKVFxAPc8mmBoWwRzhg7o3EMCBsxNg

Just received it's 5th transaction. Fuck the moon! This thing's aimed toward Mars.

Not sure if ironic Wink

.

Phinnaeus Gage

legendary

Activity: 1918

Merit: 1570

Bitcoin: An Idea Worth Spending

"He's your son, but allow me to give you a hot tip: 1NtbQKVFxAPc8mmBoWwRzhg7o3EMCBsxNg ."

Phinnaeus Gage

legendary

Activity: 1918

Merit: 1570

Bitcoin: An Idea Worth Spending

Quote from: Severian on October 15, 2013, 10:03:23 AM

Quote from: Phinnaeus Gage on October 15, 2013, 09:59:58 AM

Just received it's 5th transaction.

I voted. ; )

Between you, I and LocalBitcoins, I don't think a single one of the ~2B Chinese have yet used the service.

trifith

newbie

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Quote from: Phinnaeus Gage on October 15, 2013, 10:04:06 AM

https://blockchain.info/tx/a8308cf84a9f6ccac287ba060d3ac0b87dec6cfc1bf40524bbb83ee5894f6042

WTF! It just cost me 7 cents to send 1 cent to said address.

Stop sending dust? Don't include fees in dust?

greyhawk

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Quote from: Phinnaeus Gage on October 15, 2013, 10:04:06 AM

WTF! It just cost me 7 cents to send 1 cent to said address.

Welcome to the bitcoinomy.

Phinnaeus Gage

legendary

Activity: 1918

Merit: 1570

Bitcoin: An Idea Worth Spending

https://blockchain.info/tx/a8308cf84a9f6ccac287ba060d3ac0b87dec6cfc1bf40524bbb83ee5894f6042

WTF! It just cost me 7 cents to send 1 cent to said address.

Severian

sr. member

Activity: 476

Merit: 250

Quote from: Phinnaeus Gage on October 15, 2013, 09:59:58 AM

Just received it's 5th transaction.

I voted. ; )

thecomputerscientist

newbie

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Quote from: Zakryze on October 15, 2013, 09:10:02 AM

Get ready guys, fasten your bitbelts we are going directly TO THE MOON!
Just imagine all the chinese enterprises going bitcoin in the next days. I think sooner or later many chinese enterprises will follow this example.

Well, if just the Chinese government could just announce that they'll start buying oil priced in Bitcoin, then we're leaving the f-ing solar system!!

Phinnaeus Gage

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Activity: 1918

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Bitcoin: An Idea Worth Spending

https://blockchain.info/address/1NtbQKVFxAPc8mmBoWwRzhg7o3EMCBsxNg

Just received it's 5th transaction. Fuck the moon! This thing's aimed toward Mars.

prezbo

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Activity: 430

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Quote from: trifith on October 15, 2013, 09:33:20 AM

Quote from: Grouver (BtcBalance) on October 15, 2013, 08:04:08 AM

The news is 5 hours old (check the comments) and there is still no significant movement at Bitstamp, Mtgox or BTCChina. =/

How long does it take you to get cash to the exchanges? Who's left holding dollars after yesterdays run up?

Obviously, this is fantastic, but from my experience market price only follows bad news (silk road) and never positive news (even when wordpress started accepting bitcoin there wasn't much of a rally), so don't expect much.

Phinnaeus Gage

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Bitcoin: An Idea Worth Spending