Bitcoin's Rally Cry on China's War on Bitcoin. We are coming.
To our Chinese Friends, Countryman, and Government - lend me your ears. The Chinese government has now ordered their press to censor news of bitcoin and our Global Bitcoin Summit. It's already too late. We are bitcoin and we're already there. People are using our currency quietly...carefully today. Does your government think their citizens don't know....
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New data coming from eMarketer’s latest worldwide retail forecast shows that this year, China will manage to surpass the US and become the world’s largest retail market, with sales of over $4.886 trillion, compared to the average sum of $4.823 trillion in the US. Due to Asia’s growing number of online shoppers, reports indicate that this year alone, the entire continent will spend a record $1 trillion, most of the sum coming from China. While the increasing popularity of ecommerce in other regions such as Southeast Asia and India have helped pushed the number upwards, China owns the....
BTC China has finally surpassed Mt. Gox as the top Bitcoin exchange, passing 600,000 BTC in volume, compared to Gox's 589,000 BTC volume. Of course, things could change in the coming days and weeks, but it's still a noteworthy milestone. Bitcoin interest in China has spiked in the past month, especially after Chinese search engine Baidu announced they would be accepting payments in Bitcoin. It should be noted (as pointed out by a user on Reddit) that Mt. Gox still has the highest 30-day volume. BTC China is catching up on that front, however.
Bitcoin Price has held steady despite apparently coordinated efforts to pull price back into decline. We look at the outcome of an uptick in growth in the Chinese Economy, as well as the coming surge in Bitcoin adoption to be precipitated by unavoidable market turmoil. China Growth Improves (a little bit). Global Economy. Bitcoin Price Collusion. Summary. Comments. China Growth Improves (a little bit). China's quarterly GDP beat expectations by point one of a percent by coming in at 7.3% for July-September 2014. China's economic growth was, according to Bloomberg, driven by higher export....
Our London сorrespondent Nick Ayton reports from the city of London where the mood is tense and the financial world is in a state of anxiety, looking west to the US and east to China. Will we see China try to sneak another devaluation under the radar on Friday, Jan. 20 when the 45th US president, who sees things differently from others, takes over? US-China trade war coming. The battle for manufacturing supremacy is about to begin as the US and China go head to head as each looks to fuel demand and inject more growth into their respective economies. Will the US currency be the next one to....
Earlier this morning, we posted some rumors that suggested a major shift in China regarding bitcoin adoption. As it were, it looks like they may be coming to fruition. On Monday, some of the top third-party payment companies in the country met with officials from the People's Bank of China - and while the meeting wasn't explicitly about bitcoin, it reportedly became a talking point in the conversation. "PBOC, in no uncertain terms, directed third-party payment companies not to do business with bitcoin exchanges in China," said what has been called a reputable source to CoinDesk. So, we are....