There are some concerns the numbers are inflated i.e. they have have no conversion fee, so they could be trading with themselves to pump up the numbers.
There are other indicators that this might be legit trade volume. Things like state-sponsored media exposure, the large number of Chinese bitcoin miners, and also that Chinese are already familiar with another very popular digital currency (QQ).
Comments
There are some concerns the numbers are inflated i.e. they have have no conversion fee, so they could be trading with themselves to pump up the numbers.
There are other indicators that this might be legit trade volume. Things like state-sponsored media exposure, the large number of Chinese bitcoin miners, and also that Chinese are already familiar with another very popular digital currency (QQ).
The CCTV spot wasn't state sponsored per se, but I know what you mean.
Oh?
Here's to hoping. I'd love it to be real.