“Chinese Internet giant Baidu started accepting Bitcoin as a payment method for Jiasule, its online security and firewall services, on October 14, for instance. And an influx of Chinese investment in Bitcoin is very definite contributory factor to the recent price surge.  Baidu’s corporate stature may well be giving Bitcoin’s perceived legitimacy a boost in China. It’s also clearly helping to increasing BTC trading volumes in the country by giving a chunk of its customer base the option to pay in Bitcoin: Forex Magnates noted last week that China’s largest Bitcoin exchange, BTC China, had more than doubled following the Baidu news.”

http://techcrunch.com/2013/10/22/bitcoin-breaks-200-again/

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