China did 2 Huge Things For Bitcoin Today

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Damn this stuff looks amazing.

Huge Article on the Frontpage of Chinese Media.

Chinese state newspaper today (Xinhua)

Bitcoin: The First Successful Application of Blockchain Technology

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Alibaba partners with Lolli

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If you never have better register to Lilli now (and get 10 USD free with this link after shopping).
Lolli is an chrome addon/app that gives you cashbacks when buying on their partners websites in Bitcoin. Yes buy stuff on very popular sites and get some BTC back. Huge companies there Mariott, Udemy, GoDaddy, Sephora.. Just register and see.

Alibaba is kind of Amazon for China, but actually loads of people shop there worldwide for cool products with discounts. For start according to a Coindesk report, the new program will only be available for purchases in the United States.

Some Chinese Based Exchanges That Need No Documents

If you want to play a bit markets in china trading crypto here is a few.

  • Binance - the obvious top vol exchange, has STEEM
  • KuCoin - i would call it younger brother of Binance with many NEO and ETH pairs
  • BiBox - amazing China exchange, similar to other two above with different coins
  • BitMax - free transaction mining and fees share of what exchange makes with BTMX tokens
  • Coinex - ETH BCH BTC EOS pairs


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5 comments
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the chinese got the crypto market by the balls

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I think if China heads into this market, everything will get better.

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And in just one headline, there's potential for 1.3+ billion people in China that's exposed to Bitcoin. Before this, I had the opinion that China may just focus on Blockchain, or any of their homegrown cryptos. I didn't think they'd allow for Bitcoin on Chinese soil to compete.

I guess this may just start to prove me wrong, albeit it may be too early to tell. That said, this could be bullish news for Bitcoin, just half a year before Halving 2020.

That said, I have fears that China, with their embrace of Blockchain could in fact be a harbinger for further censorship and surveillance. I made a post here, if you're interested to read my thoughts on it :-)

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