If you still don't understand where are the Chinese, you still don't understand Bitcoins.
I doubt Satoshi was himself a Chinese as they were the first ones to adopt the cryptocurrencies and give it the volume it needed.
Topic: Where are the Chinese? (Read 1715 times)
The Chinese are around, involved in many projects.
I have no doubt about the ability of the Chinese to produce, and I do not doubt at any time than they are able.
If I'm not mistaken, today 54% of Bitcoins is mined in China (correct me if I'm wrong).
I have no doubt about the ability of the Chinese to produce, and I do not doubt at any time than they are able.
If I'm not mistaken, today 54% of Bitcoins is mined in China (correct me if I'm wrong).
Well even if you don't see them, you just know they are there. Probably they are more active in chinese based forum and that is why you don't see them here. Remembered that I saw a chart that says china based exchangers actually account for more than 90% of the trading activities. If that is what I saw.
I've heard that a large percentage of the Bitcoin community is in China.
Now, it does seem like there are quite a few Chinese people associated with cryptos. For example, there is Charles Lee who created Litecoin and his brother Bobby Lee who owns BTC China. There is also Bter which is located in China. The Chinese language board is also quite active here too, although strangely there are more Russians posting in the Russian board than Chinese in the Chinese board. It also seems that a lot of mining hashrate is located in China (link) and much of the trading that goes on in exchanges happens there too.
But looking at the list of names of people associated with Bitcoin, there doesn't seem to be many Chinese names at all:
http://en.wikipedia.org/wiki/Category:People_associated_with_Bitcoin
https://en.bitcoin.it/wiki/People
https://en.bitcoin.it/wiki/Developers
Now, it does seem like there are quite a few Chinese people associated with cryptos. For example, there is Charles Lee who created Litecoin and his brother Bobby Lee who owns BTC China. There is also Bter which is located in China. The Chinese language board is also quite active here too, although strangely there are more Russians posting in the Russian board than Chinese in the Chinese board. It also seems that a lot of mining hashrate is located in China (link) and much of the trading that goes on in exchanges happens there too.
But looking at the list of names of people associated with Bitcoin, there doesn't seem to be many Chinese names at all:
http://en.wikipedia.org/wiki/Category:People_associated_with_Bitcoin
https://en.bitcoin.it/wiki/People
https://en.bitcoin.it/wiki/Developers
8btc: Chinese Bitcoin Community Report
Highlights:
~250k Chinese crypto players
5000+ QQ groups
Top 3 cities: Beijing, Guangzhou,Shenzhen
Derivative/Futures markets are expanding.
Top 3 altcoins: BTS/DOGE/YBC
30% of all players had mining experience
8k qq members remain active on a daily basis.
30k active traders
10% renewal of the whole community
Some players have returned to the crypto market after 6 month absence.
Full report:
http://www.8btc.com/community-report (in Chinese)
China always make 1-2 step forward they do an action, they have high motivation with businesses which they can get profit. That's the point I like China ppl they do something with seriously and high motivation. They not run with SIG campaign only 
lol
lol 
Damn, you're right. Just where ARE the Chinese? You never really see them when you leave the house. I guess the world just needs more Chinese ppl. Maybe give them incentives to reproduce more
Lol at all the idiots recently talking about Chinese people as some kind of minority. I don't think people understand that Chinese are the -majority-, and everything else is the minority. They don't have slanted eyes; you have big googly eyes. Most people are not ready to admit that China will become the pioneer country, leading the world in most standards. Get used to it.
Damn, you're right. Just where ARE the Chinese? You never really see them when you leave the house. I guess the world just needs more Chinese ppl. Maybe give them incentives to reproduce more
Chinese have left the boat a long time back .
JK, QQ groups it is. Almost on every chinese profile, you will see the details of the QQ group .
JK, QQ groups it is. Almost on every chinese profile, you will see the details of the QQ group .
Would somebody be so kind as to post a crop screenshot of such. I'm not doubting, just want to see what it looks like on an average user's page.
Ok ,I might be wrong about the normal users on the forum, but head over to the altcoin section. You will find a lot of the QQ groups.
after the peak of 1200, some of them vanished/dispersed, also the fact that there bitcoin is banned(trading i presume), made the thing worse for them
Due to the gov's warning and banning, the Chinese speculators dumped it at a loss and left. Even in the Chinese board, a bit quiet comparing when at the peak of 1200.This might be the case too. The gov't of China's stance against bitcoin isn't exact. One day they plan to ban bitcoin and then the next day they will lift their decision. If you were the Chinese, you will find it difficult to move with that restrictions.
Hmm not entirely sure about this but I think most of them left after the ath. Of course, after getting a lot of money way back 2013, there are no reasons for them to stay (well this is just an assumption though).
I think the Chinese are in China to be honest.. Not entirely sure.
LOL, yes, common sense. But I need to state the truth. Comparing with western world, it has cheap labor and electricity here in China for doing the mining business.
I think the Chinese are in China to be honest.. Not entirely sure.
Chinese have left the boat a long time back .
JK, QQ groups it is. Almost on every chinese profile, you will see the details of the QQ group .
JK, QQ groups it is. Almost on every chinese profile, you will see the details of the QQ group .
Would somebody be so kind as to post a crop screenshot of such. I'm not doubting, just want to see what it looks like on an average user's page.
Ok ,I might be wrong about the normal users on the forum, but head over to the altcoin section. You will find a lot of the QQ groups.
after the peak of 1200, some of them vanished/dispersed, also the fact that there bitcoin is banned(trading i presume), made the thing worse for them
Due to the gov's warning and banning, the Chinese speculators dumped it at a loss and left. Even in the Chinese board, a bit quiet comparing when at the peak of 1200. 
after the peak of 1200, some of them vanished/dispersed, also the fact that there bitcoin is banned(trading i presume), made the thing worse for them
not really banned! Gov is just issuing the warning of involving BTC business and stop the direct payment processor channels to crypto exchanges. However they still have their ways to deposit fiat money to exchanges. Trading of cryptocurrencies are not banned. Do you notice some of biggest crypto exchanges are still existing in China, such as OKcoin, Huobi, Btcchina etc? 
after the peak of 1200, some of them vanished/dispersed, also the fact that there bitcoin is banned(trading i presume), made the thing worse for them
Everyone exaggerates the size of the Chinese BTC community. Compared to that in the US and Russia, the Bitcoin sphere in China is still in its infancy. They were latecomers, and it is almost impossible for them to catch up.
Chinese have left the boat a long time back .
JK, QQ groups it is. Almost on every chinese profile, you will see the details of the QQ group .
JK, QQ groups it is. Almost on every chinese profile, you will see the details of the QQ group .
Would somebody be so kind as to post a crop screenshot of such. I'm not doubting, just want to see what it looks like on an average user's page.
Ok ,I might be wrong about the normal users on the forum, but head over to the altcoin section. You will find a lot of the QQ groups.
i think the chineese are mostly involved as a consumer or user of bitcoin rather than getting involved in technical development of cryptocurrencies. so only the large community which consists of trading, forums, mining etc.
Chinese have left the boat a long time back .
JK, QQ groups it is. Almost on every chinese profile, you will see the details of the QQ group .
JK, QQ groups it is. Almost on every chinese profile, you will see the details of the QQ group .
Would somebody be so kind as to post a crop screenshot of such. I'm not doubting, just want to see what it looks like on an average user's page.
Chinese have left the boat a long time back .
JK, QQ groups it is. Almost on every chinese profile, you will see the details of the QQ group .
JK, QQ groups it is. Almost on every chinese profile, you will see the details of the QQ group .
One name to rule them all... Lika Shing.
Keep it to yourself though.. Shhhhh...
Keep it to yourself though.. Shhhhh...
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