Baidu now accepts Bitcoin

Re:Baidu now accepts Bitcoin by bernatfp on Tuesday October 15, 2013 @11:08AM (#6553643)

Not a surprise, China already has the leading exchange in terms of volume, BTCChina.

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Re:Baidu now accepts Bitcoin by jedunnigan on Tuesday October 15, 2013 @01:29PM (#6554785)

There are some concerns the numbers are inflated i.e. they have have no conversion fee, so they could be trading with themselves to pump up the numbers.

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Re:Baidu now accepts Bitcoin by gustoffen on Tuesday October 15, 2013 @03:37PM (#6555791)

There are other indicators that this might be legit trade volume. Things like state-sponsored media exposure, the large number of Chinese bitcoin miners, and also that Chinese are already familiar with another very popular digital currency (QQ).

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Re:Baidu now accepts Bitcoin by jedunnigan on Tuesday October 15, 2013 @04:05PM (#6555971)

>state-sponsored media exposure

The CCTV spot wasn't state sponsored per se, but I know what you mean.

>the large number of Chinese bitcoin miners

Oh?

Here's to hoping. I'd love it to be real.

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