Bitcoins no longer accepted on Baidu..
-
??? :-[
-
Probably pulled due to the tanking it has already dropped almost 50% + new China rules!
-
China bans banks from bitcoin transactions
[url=http://www.smh.com.au/business/markets/currencies/china-bans-banks-from-bitcoin-transactions-20131206-2yugy.html]http://www.smh.com.au/business/markets/currencies/china-bans-banks-from-bitcoin-transactions-20131206-2yugy.html[/url] -
Shame :(
-
[quote]“Baidu’s website-acceleration platform decided to suspend Bitcoin payment acceptance from Friday as recent large fluctuations in Bitcoin’s value makes it unable to safeguard users’ interests.”[/quote]
Sucks to be them…
Damn…
Well, you can bet your bottom bitcoin they they’ll start accepting it once the market chills out eventually. Things could change but the thing is, the people aren’t banned… just the banks… which means individuals who run said bank of China could easily buy up the coins privately.
Who’s to say that the announcement was done in such a way so the price would crash so the guys running the show could jump in cheap. After realising that the coin has a true potential maybe they instigated this crash to take advantage of it?
Wouldn’t surprise me in the least.