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Topic: China again——it was on TV this time - page 2. (Read 4576 times)

hero member
Activity: 812
Merit: 1000
September 30, 2011, 10:09:53 PM
#24
Bitcoin in Chinese is really cool. 比特币 could just be bit-coin

google returns 2.2m results for 比特币

i wonder how many of those are related to bitcoin.
sr. member
Activity: 322
Merit: 251
FirstBits: 168Bc
September 30, 2011, 10:07:09 PM
#23
Bitcoin in Chinese is really cool. 比特币 could just be bit-coin but it also seems to hint at competition and scarcity. My best attempt:

比 (bǐ) "ratio", "compare" or "compete"
比特 "bit"
特 (tè) "special" or "unusual",
币 (jīn or bì) "mint", "coin" or "currency" (scarf radical) as in 人民 rénmínbì or 中央造厂 Taiwan's central mint

I'd appreciate corrections/interpretations.
donator
Activity: 229
Merit: 106
September 30, 2011, 09:01:24 PM
#22
The transaction volume of btcchina.com is very small compared with mt.gox. May still be a good choice because it is still very difficult moving money in/out of mt.gox for non-usa citizen. I have tried to deposit some money to mt.gox through its HK bank account two week ago and still not yet credited to my trading account, not to mention to withdraw money may take them months to process and the high cost.
hero member
Activity: 714
Merit: 500
September 30, 2011, 07:47:30 PM
#21
What's the best exchange for someone in China to purchase BTC?

btcchina.com
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
September 30, 2011, 06:05:02 PM
#20
The meek shall inherit the Earth my friends. I am just so excited that we are getting TONS of free publicity, and that our message is spreading to every part of the planet.

It is not because Bitcoin is meek that it will inherit the Earth, but because it is strong.
legendary
Activity: 1764
Merit: 1015
September 30, 2011, 04:20:53 PM
#19
The meek shall inherit the Earth my friends. I am just so excited that we are getting TONS of free publicity, and that our message is spreading to every part of the planet.
sr. member
Activity: 305
Merit: 250
Crypto X Change
September 30, 2011, 12:17:35 PM
#18
What's the best exchange for someone in China to purchase BTC?

Hi, we are catering for the entire Asia market as part of our Global Exchange, we have inbuilt most languages and also currencies into the Exchange from any country in the world landed in your Exchange account within 24 Hours from sending the money.

We have strategically made sure that we can cover as many markets as possible with our system which we have built form the ground up.

Our Exchange is Opening to the Public within the next 14 days.

Thank You, we welcome clients from all over the world.
hero member
Activity: 955
Merit: 1002
September 30, 2011, 12:15:41 PM
#17
https://btcchina.com/ Is probably the simplest to use as they accept alipay.

Apart from that Ruxum has a good setup for China with low withdrawal fees for anyone with a Hong Kong account (I dunno if Gox can match this) and decent prices for "international wires".

But I'd say that most "money" peeps would be headed for Mt Gox as it's the largest market to play around in.

What China really needs atm is a decent pool hosted in Hong Kong, Maccau or Japan/Korea.

mt.gox has a hong kong bank account, so it should be feeless for transfers to mainland China. The amount of trades in RMB on mt.gox is still too small though. But you can transfer any currency to a Chinese bank account (though there is a $50k limit per year on withdrawals if you are a private citizen)
hero member
Activity: 1138
Merit: 523
September 30, 2011, 12:09:37 PM
#16
https://btcchina.com/ Is probably the simplest to use as they accept alipay.

Apart from that Ruxum has a good setup for China with low withdrawal fees for anyone with a Hong Kong account (I dunno if Gox can match this) and decent prices for "international wires".

But I'd say that most "money" peeps would be headed for Mt Gox as it's the largest market to play around in.

What China really needs atm is a decent pool hosted in Hong Kong, Maccau or Japan/Korea.
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
September 30, 2011, 11:57:47 AM
#15
What's the best exchange for someone in China to purchase BTC?
hero member
Activity: 1138
Merit: 523
September 30, 2011, 11:34:32 AM
#14
Quote
The only advantages of chinese people is they have nothing to invest.
Bitcoin must be a good choice.

Dude you obviously dunno jack. China has more USD millionaires than the US does. Most families in the major cities here have net-worths in that range as well Grin
hero member
Activity: 714
Merit: 500
September 30, 2011, 11:10:49 AM
#13
The only advantages of chinese people is they have nothing to invest.
Bitcoin must be a good choice.
hero member
Activity: 955
Merit: 1002
September 30, 2011, 11:04:50 AM
#12
I'm a hashaholic Grin

I tend just to drink when I trade in bitcoin - hence I bought at $14
hero member
Activity: 1138
Merit: 523
September 30, 2011, 10:49:26 AM
#11
I'm a hashaholic Grin
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
September 30, 2011, 10:38:39 AM
#10
They have cheap Android tablets with wifi. You don't need to hash to use bitcoin.
hero member
Activity: 955
Merit: 1002
September 30, 2011, 10:34:56 AM
#9
Can somebody please translate what is being said besides where they play the bitcoin commercial?

I wouldn't count on a big popularity swing yet, if we would have seen a more significant spike on the network, hell it didn't even surpass germany.

The spike in trading tends to lag at least a week behind big news as people figure out how to change their money into Bitcoins.

Also the number of people in China in an economic position to use bitcoin is equivalent to the population of a typical European country.
What's the big deal then? If people still can't even afford gpus/buy some it makes sense the impact is rather small.

Well there is always Japan & South Korea...

GPUs are quite cheap in China - and you can easily find someone who will modify your electricity meter.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
September 30, 2011, 10:28:04 AM
#8
Can somebody please translate what is being said besides where they play the bitcoin commercial?

I wouldn't count on a big popularity swing yet, if we would have seen a more significant spike on the network, hell it didn't even surpass germany.

The spike in trading tends to lag at least a week behind big news as people figure out how to change their money into Bitcoins.

Also the number of people in China in an economic position to use bitcoin is equivalent to the population of a typical European country.
What's the big deal then? If people still can't even afford gpus/buy some it makes sense the impact is rather small.

Well there is always Japan & South Korea...
hero member
Activity: 955
Merit: 1002
September 30, 2011, 10:21:35 AM
#7
Can somebody please translate what is being said besides where they play the bitcoin commercial?

I wouldn't count on a big popularity swing yet, if we would have seen a more significant spike on the network, hell it didn't even surpass germany.

The spike in trading tends to lag at least a week behind big news as people figure out how to change their money into Bitcoins.

Also the number of people in China in an economic position to use bitcoin is equivalent to the population of a typical European country.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
September 30, 2011, 10:12:10 AM
#6
Can somebody please translate what is being said besides where they play the bitcoin commercial?

I wouldn't count on a big popularity swing yet, if we would have seen a more significant spike on the network, hell it didn't even surpass germany.

The spike in trading tends to lag at least a week behind big news as people figure out how to change their money into Bitcoins.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
September 30, 2011, 10:03:42 AM
#5
Can somebody please translate what is being said besides where they play the bitcoin commercial?

I wouldn't count on a big popularity swing yet, if we would have seen a more significant spike on the network, hell it didn't even surpass germany.
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