The real estate developer is a subsidiary of one of China's largest online entertainment company, they have stated that they adopt BTC mainly for two purposes: (1). they want to show that unlike other real estate developers, they have roots in the internet and is kind of young and cool; (2) their mother company have experiences with the payment industry, so they want to explore a bit more about BTC in that aspect.
They also stated that their commitment to BTC will be long-term, the original link is in Chinese, if anyone cares to read I will post it here.
Topic: Real Estate Developers in China now accepting Bitcoin for Property Purchases (Read 1137 times)
November 16, 2013, 01:52:09 AM
November 16, 2013, 01:42:28 AM
Love love love reading what Chinese wealth is getting into. One of my favorite things to discuss is what the Chinese are doing especially in a town like Vegas. Just ask a sales associate in any nice store and you'll hear some amazing stories about the Chinese coming in.
November 16, 2013, 01:36:06 AM
The wallets of the folks in China can get very ...............very ......................very deep.
I would not be the least bit surprised if quite a few of them have quite a bit of BTC ..............
Anyone who has been to Asia knows that residents there can very often have more money than god.
I would not be the least bit surprised if quite a few of them have quite a bit of BTC ..............
Anyone who has been to Asia knows that residents there can very often have more money than god.
November 15, 2013, 10:07:12 PM
China's national TV CCTV1 gives some free advertisement on Bitcoin, so people are making news on it. No one has actually purchased a house with Bitcoin so far.
November 15, 2013, 10:03:57 PM
Another move in the right direction in terms of adoption, can't wait until the day when I never have to touch fiat!
November 15, 2013, 09:51:31 PM
Wooot, this is exciting news indeed. Even though there is alot of property for sale in china I still see this is as a positive sign for BTC. I can't wait for this to catch on all over the globe... Thanks for posting OP 
November 15, 2013, 06:31:42 AM
Some folks do have enough btc but what is key is if one can part buy using fiat and btc
Helps promote btc usage in real estate but in a realistic way
Helps promote btc usage in real estate but in a realistic way
November 15, 2013, 06:11:41 AM
This is a amazing leap forward/ Thank you China!
November 15, 2013, 06:10:28 AM
Does anyone actually posses enough btc to purchase real esate though?
Ummmmmmmmmmm...
November 15, 2013, 05:17:52 AM
Does anyone actually posses enough btc to purchase real esate though?
November 15, 2013, 03:45:04 AM
It is a big deal directionally if true but I would caution against too much near term expectation for a price rise
November 14, 2013, 11:53:19 PM
This is kind of a big deal ya know.
I think this justifies pushing BTC price to $500
I think this justifies pushing BTC price to $500
November 14, 2013, 07:36:26 PM
You can now purchase homes with Bitcoin in Shanghai, China:
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20131114000039&cid=1102
Also see:
http://qz.com/147606/look-out-chinas-housing-bubble-is-now-available-in-bitcoin/
-Burger-
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20131114000039&cid=1102
Also see:
http://qz.com/147606/look-out-chinas-housing-bubble-is-now-available-in-bitcoin/
-Burger-
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