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Category Archives: Bitcoin

How China Took Center Stage in Bitcoin’s Civil War

Jul 29, 2016

8BTCNews

A delegation of American executives flew to Beijing in April for a secret meeting just blocks from Tiananmen Square. They had come to court the new kingmakers in one of the strangest experiments in money the world has seen: the virtual currency known as Bitcoin. Against long odds, and de...

An agent of change: bitcoins lure investors

Jun 23, 2016

8BTCNews

Kevin Sun sold out his more than 1,000 bitcoins last week at the price above 5,100 yuan ($785) each, reaping an almost 100 percent return on investment when the digital currency hit a two-year high. The Beijing-based professional individual investor poured money into bitcoins through the Huo...

How The Bitcoin Protocol Works

May 25, 2016

Chalmers Brown

An increasing number of businesses and consumers are now considering bitcoin, a new type of currency that offers a potential global-encompassing digital payment method. With this growing acceptance, it's important to learn the essential components of this platform designed to change how we buy and...

Gavin Andresen is Not Giving Up on Bitcoin Classic

May 11, 2016

8BTCNews

During a recent AMA on Chinese Bitcoin community website 8btc, Bitcoin Foundation Chief Scientist Gavin Andresen confirmed that he’s not giving up on Bitcoin Classic and the project intends to proceed with their development plans. Andresen also reiterated his past statements regardin...

Is China saving Bitcoin, or destroying it?

Mar 21, 2016

8BTCNews

I recently talked with Bobby Lee, CEO of BTCC, China’s first and biggest bitcoin exchange. It would be fair to call Bobby an optimist when it comes to Bitcoin in China and throughout the world. “The great part is that in China, Bitcoin is very popular. There’s a lot of specula...

Bitcoin HongKong Roundtable Consensus

Feb 21, 2016

8BTCNews

On February 21st, 2016, in Hong Kong’s Cyberport, representatives from the bitcoin industry and members of the development community have agreed on the following points: We understand that SegWit continues to be developed actively as a soft-fork and is likely to proceed towards release o...