Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."




Join Us for Dinar Discussions and More -- We Keep it REAL
 
HomeSearchMemberlistFAQLog inRegister
Awarded by Feed Spot Blog
Iraqi Dinar Blogs
DINAR INFORMATION LINKS

PARTNER SITES
Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap
Share | 
 

 Chinese Web Giant Sina Launches Bitcoin Information Pages

Go down 
AuthorMessage
Ponee
Admin
Admin
avatar

Posts : 34196
Join date : 2011-08-09

PostSubject: Chinese Web Giant Sina Launches Bitcoin Information Pages   Sat Jan 04, 2014 2:10 pm

Chinese Web Giant Sina Launches Bitcoin Information Pages

Jon Southurst (@southtopia) | Published on January 4, 2014 at 15:07 GMT | 


Sina.com.cn, China’s fourth most-popular web portal, yesterday launched Sina Bitcoin Marke information pages with charts, statistics and real-time market quotes.

Sina announced the launch by saying the service was created to assist investors in understanding and discussing bitcoin market trends and relevant market knowledge. It features data gathered from Mt. Gox (USD-BTC), BTC China (CNY-BTC), and 11 more of the largest bitcoin trading platforms. It said the site aimed to be easy to use and understand, and welcomed user suggestions.
Initial reports said the response from users was mainly positive.

Sina is sometimes called “the Yahoo! of China”. Given the nature of large online and media businesses in China, any sign of bitcoin endorsement from a company as prominent as Sina can spark optimism. The same signs were noted after state media CCTV’s documentaries on bitcoin earlier in 2013. It suggests that decision-makers at some levels of China’s official hierarchy appear to find value in bitcoin.
Although based in mainland China, Sina’s online services are aimed at Chinese-speaking communities around the world and it has over 100 million registered users. The company also operates properties like microblogging platform Sina Weibo, Sina.net, Sina Online and Chinese mobile carrier Sina Mobile.
China has bewildered many outsiders with its regulatory statements and actions of the past month; seeming to both allow widespread access to bitcoin while simultaneously clamping down on access to entry and exit points – but not always enthusiastically.

Officially, the Chinese authorities have forbidden any financial institutions from setting bitcoin prices or dealing in digital currencies, and blocked third-party payment processors from exchanges. People are still allowed to speculate and trade them, with several of the usual warnings about associated risks.

The formerly largest exchange BTC China has moved to a voucher system to facilitate payments. Other exchanges like (now-largest) Huobi, chbtc.com and FXbtc, however, are reportedly still receiving deposits in CNY via wire transfers.

The uncertainty has had an effect on bitcoin prices over the past month. Bitcoin was at an all-time high of over $1,200 on 4th December, but lost 50% of that value after the People’s Bank announcements. It has recently climbed closer to the thousand dollar mark again, but any news from a country the size of China causes fluctuations.

At the time of writing, 1 BTC was trading for 4,710 CNY ($778.4) on BTC China and 4,728 CNY on Huobi.com.


http://www.coindesk.com/chinese-web-giant-sina-launches-bitcoin-information-pages/

*****************
Back to top Go down
View user profile
 
Chinese Web Giant Sina Launches Bitcoin Information Pages
Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
Dinar Daily :: OTHER INVESTMENTS :: BitCoins-
Jump to: