Taobao (China's version of Ebay) bans bitcoin mining hardware

ElectricMucus

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Quote from: manfred on January 09, 2014, 03:48:01 AM

Quote from: ElectricMucus on January 09, 2014, 03:44:41 AM

http://money.cnn.com/2014/01/09/news/bitcoin-alibaba/index.html

Alibaba just did the same thing taobao did.

Alibaba owns Taobao

makes sense, although alibaba is mainly export/B2B related.

I guess we can expect the same thing taking place on all Alibaba group sites.
http://en.wikipedia.org/wiki/Alibaba_Group

manfred

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Quote from: ElectricMucus on January 09, 2014, 03:44:41 AM

http://money.cnn.com/2014/01/09/news/bitcoin-alibaba/index.html

Alibaba just did the same thing taobao did.

Alibaba owns Taobao

ElectricMucus

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http://money.cnn.com/2014/01/09/news/bitcoin-alibaba/index.html

Alibaba just did the same thing taobao did.

hlynur

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Quote from: niothor on January 08, 2014, 05:00:38 AM

Quote from: N12 on January 08, 2014, 04:57:15 AM

Does anyone qualified know whether the "Bitcoin mining" ban refers to Taobao only or whether it is an order from the PBOC to the whole of China?

I looked at it in Google Translate yesterday, but it looked unclear to me. It would surprise me if they really banned Bitcoin mining nationally.

Blitz , I wondered for one month , why the hell we have a Chinese subforum when we can't get any accurate translation or news of what is happening there.
After the first announce in early December it took almost a week to get a poorly translated text which didn't clear anything.

+1

would be really good to have some trustable users from chinese subforum who could shed light on what's going in china on a regular basis.
i saw the same problem on AsicMiner thread when a chinese interview with friedcat took quite some time until it appeared there.
unfortunately it seems to me there are rarely chinese users on the english forum, at least we get updates like this one from time to time
which recalibrate the perspective on the current situation there.

nastybit

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Quote from: niothor on January 08, 2014, 05:00:38 AM

Quote from: N12 on January 08, 2014, 04:57:15 AM

Does anyone qualified know whether the "Bitcoin mining" ban refers to Taobao only or whether it is an order from the PBOC to the whole of China?

I looked at it in Google Translate yesterday, but it looked unclear to me. It would surprise me if they really banned Bitcoin mining nationally.

Blitz , I wondered for one month , why the hell we have a Chinese subforum when we can't get any accurate translation or news of what is happening there.
After the first announce in early December it took almost a week to get a poorly translated text which didn't clear anything.

This, exactly this! Any news coming from China stays in the uncertainty limbo for a while until somebody on the west decide to look it up
Sometimes I wonder if all this China craziness is completely made up, seriously how is it possible??

niothor

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in defi we trust

Quote from: N12 on January 08, 2014, 04:57:15 AM

Does anyone qualified know whether the "Bitcoin mining" ban refers to Taobao only or whether it is an order from the PBOC to the whole of China?

I looked at it in Google Translate yesterday, but it looked unclear to me. It would surprise me if they really banned Bitcoin mining nationally.

Blitz , I wondered for one month , why the hell we have a Chinese subforum when we can't get any accurate translation or news of what is happening there.
After the first announce in early December it took almost a week to get a poorly translated text which didn't clear anything.

N12

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Does anyone qualified know whether the "Bitcoin mining" ban refers to Taobao only or whether it is an order from the PBOC to the whole of China?

I looked at it in Google Translate yesterday, but it looked unclear to me. It would surprise me if they really banned Bitcoin mining nationally. We have seen no drop in hashrate nor have we seen news reports about this, so probably not.

freddyfarnsworth

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Never dumb, but would take from the people to mine themselves doncha think...

disclaimer201

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Let them do what they will. Only thing that will happen is they get left out of a billion dollar market. In fact, it is so unlikely any country would willingly sabotage its own profit margins with such legislation that I find it much more likely this is all a big FUD campaign to buy bitcoins cheaply and manipulate the market. One legislation today, another in three months. Loopholes etc... The Chinese are not dumb.

Dafar

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What's next though.. China bans bitcoin/litecoin mining period?

That's a huge chunk of miners gone.

crazy_rabbit

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Quote from: alexeft on January 07, 2014, 09:24:44 AM

Do you people think this could extend to the manufacturing of asic chips?

I doubt it.

crazy_rabbit

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Quote from: SaltySpitoon on January 07, 2014, 06:23:30 PM

Quote from: jl2012 on January 07, 2014, 10:40:43 AM

What a stupid FUD. If ebay, an US company, banned bitcoin miner trading, does it mean the US banned bitcoin miner?

Ebay has more or less banned Bitcoin miners. Try selling miners on Ebay.com and you either get your listings taken down, or you have absolutely no sellers protections.

There are a heck of a lot of bitcoin miners on ebay.

disclaimer201

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Eternal Jean-Luc facepalm at proudhon since 2011. He's still waiting for single digits.

niothor

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in defi we trust

Quote from: ?? on ??

Quote from: piramida on January 07, 2014, 05:57:33 PM

Ok, click on this:

http://s.taobao.com/search?q=bitcoin+miner&keyword=&commend=all&ssid=s5-e&search_type=item&atype=&tracelog=&sourceId=tb.index&rt=1389135397382&source=haiwaigou&pid=mm_14507416_2297358_8935934&unid=

/thread

http://www.google.com/translate?hl=en&ie=UTF8&sl=auto&tl=en&u=http%3A%2F%2Frule.taobao.com%2Fdetail-1358.htm%3Fspm%3D0.0.0.0.FmkChchttp%3A%2F%2F

It is mentionned that it takes effect on January 14th.

Now seriously , can someone translate those coins to pure English.
I'm dying to know which one is cocoa coin

freddyfarnsworth

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Only prepay, and contracts (those rippoff artists).

SaltySpitoon

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Welcome to the SaltySpitoon, how Tough are ya?

Quote from: jl2012 on January 07, 2014, 10:40:43 AM

What a stupid FUD. If ebay, an US company, banned bitcoin miner trading, does it mean the US banned bitcoin miner?

Ebay has more or less banned Bitcoin miners. Try selling miners on Ebay.com and you either get your listings taken down, or you have absolutely no sellers protections.

Dragonkiller

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you can make bad news come out of china whenever you want. perfect FUD source for manipulators

niothor

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in defi we trust

Quote from: piramida on January 07, 2014, 05:57:33 PM

Ok, click on this:

http://s.taobao.com/search?q=bitcoin+miner&keyword=&commend=all&ssid=s5-e&search_type=item&atype=&tracelog=&sourceId=tb.index&rt=1389135397382&source=haiwaigou&pid=mm_14507416_2297358_8935934&unid=

/thread

How many of those are fake , I wonder...
Crap , I spent to much time playing with "speak like yoda".

piramida

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Borsche

Ok, click on this:

http://s.taobao.com/search?q=bitcoin+miner&keyword=&commend=all&ssid=s5-e&search_type=item&atype=&tracelog=&sourceId=tb.index&rt=1389135397382&source=haiwaigou&pid=mm_14507416_2297358_8935934&unid=

/thread

Xer0

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°^°

Quote from: niothor on January 07, 2014, 05:53:29 PM

Quote from: Xer0 on January 07, 2014, 05:49:17 PM

Quote from: yomofo on January 07, 2014, 08:44:21 AM

Including but not limited to:
1) Bitcoin, Wright coins, coins Biot, Quark coins, unlimited coins, cocoa coins, pennies coins, PPCoin , NameCoin such as virtual currency ;

they did not list Litecoin. to the moon!

What do you think wright coins is? =)))) or cocoa coins?

something... edible? Cheesy

Topic: Taobao (China's version of Ebay) bans bitcoin mining hardware (Read 9460 times)