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Category Archives: Bitcoin

To Understand Soft/hard-fork Issue from Technique’s Angle

Feb 24, 2017

chris zhou

To update Segregated Witness issue via soft-fork is quite contentious both for SegWit and for soft fork (some people think hard-fork is needed for SegWit’s update). Now let’s see the issue from technology angle to make a judgement on which one is right. Hard/soft fork issue concerns de...

Sosobtc adopts Bitfinex price amid market confusion

Feb 17, 2017

Red Li

Earlier today, sosobtc, one of the most popular price watch app in China, announced on weibo that the default CNY price would be based on Bitfinex price due to “Variance of bitcoin price between domestic exchanges and foreign exchanges” The move sheds light on providing a more reliable b...

Chinese bitcoin traders lost track of authentic price

Feb 14, 2017

Red Li

As the latest response to the regulatory pressure, Haobtc plans to remove “trading” feature and shutdown of CNY deposit on Monday. Bitkan also chose to stay low by suspending verification of new OTC traders. Chinese traders are seeking genuine bitcoin trade price. Haobtc released a st...

Op-ed:There is no “proper” price for bitcoin

Feb 4, 2017

Red Li

Most people didn’t buy in bitcoin as the price is not “right” or in other words, too expensive. However, there will be no “proper” price for bitcoin. Lao Mao , COO of Yunbi, released an op-ed article, expressing his views on bitcoin and rebutting some general conceptions among the publi...

What a Trump presidency may bring for China’s Bitcoin

Jan 21, 2017

Olusegun Ogundeji

Bitcoin’s growth rate will henceforth be somewhat affected by the outcome of two key events -- Donald Trump’s inauguration in the U.S. and the PBoC’s release of its report on its investigation into the three key exchanges in China. Starting from late last year, there have been predi...