FSP-Rebel
06-05-2013, 01:29 PM
http://www.thegenesisblock.com/china-climbs-to-top-spot-in-monthly-bitcoin-downloads/
Last month we showed the initial impact after Chinese state-run broadcaster CCTV ran a piece about bitcoin. The Chinese presence in bitcoin has continued to accelerate since then, even as the rest of the world tempered its rate of adoption.
In May, China surpassed the previously-dominant US in number of monthly bitcoin downloads, with 85K compared to 64K in the US. Not only did China climb it’s way to the top spot for the first time, but it was also the only country out of the top 10 highest all-time downloading nations to increase the number of monthly downloads in May.
Expanding in the Chinese market because of their sheer size could really boon the BTC global market. Also, the amount of positive press that BTC receives in China is unreal if one has been paying attention. Perhaps, it's their subtle way of messing with the US's reserve currency status by building up this crypto-currency and drawing people out of dollars when possible, idk.
Interesting chart is interesting
http://i42.tinypic.com/ddkth2.png
The room for growth is exciting, imagine what that chart might look like in 6 months.:eek:
Last month we showed the initial impact after Chinese state-run broadcaster CCTV ran a piece about bitcoin. The Chinese presence in bitcoin has continued to accelerate since then, even as the rest of the world tempered its rate of adoption.
In May, China surpassed the previously-dominant US in number of monthly bitcoin downloads, with 85K compared to 64K in the US. Not only did China climb it’s way to the top spot for the first time, but it was also the only country out of the top 10 highest all-time downloading nations to increase the number of monthly downloads in May.
Expanding in the Chinese market because of their sheer size could really boon the BTC global market. Also, the amount of positive press that BTC receives in China is unreal if one has been paying attention. Perhaps, it's their subtle way of messing with the US's reserve currency status by building up this crypto-currency and drawing people out of dollars when possible, idk.
Interesting chart is interesting
http://i42.tinypic.com/ddkth2.png
The room for growth is exciting, imagine what that chart might look like in 6 months.:eek: