News for hackers. Stuff that matters.

A comment on Baidu now accepts Bitcoin. Parent comment

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.
[ Parent | on HN ]
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).
[ Parent | on HN ]
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.

[ Parent | on HN ]