Quote from: Bitsburger on May 20, 2013, 09:03:59 PM

Quote from: samson on May 20, 2013, 08:44:25 PM

Quote from: Its About Sharing on May 20, 2013, 08:36:46 PM

Quote from: samson on May 20, 2013, 08:32:15 PM

Quote from: Bitsburger on May 20, 2013, 08:30:05 PM

A friend in China mentioned today there's growing curiosity about BTC there after it was featured this weekend on CCTV. It's made it to the daily hot topic on sina weibo. Anyone want to speculate on whether/when this might be reflected in the exchanges?

Sure : It will make no difference whatsoever.

That is about as extreme as saying it will cause the price to explode to $10,000. I just don't see how advertising to millions or potentially billions of people will have no effect???

It had pretty much no difference the first time hit hit the TV in China.

There was a little price action based on the hype with money already on the exchanges but that soon died out.

The thing that struck me this time is that he said it was a hot topic on weibo. Does anyone know if that was the case after the earlier mentions on CCTV?

Chinese downloads of the Bitcoin software spiked after the 1st CCTV coverage:
http://sourceforge.net/projects/bitcoin/files/stats/timeline?dates=2013-05-01+to+2013-05-19

They are top country this month:
http://sourceforge.net/projects/bitcoin/files/stats/map?dates=2013-05-01%20to%202013-05-19