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Tag Archives: Bitcoin

What Do Chinese People Think of Bitcoin?

May 19, 2017

Cindy23

"Help! How to pay the ransom?" "What do you know about wannacry?" "News about bitcoin everywhere? How can i buy it? Make me rich!" Recently, a lot of my former friends come to me asking what bitcoin is all about, which is really, really weird, because they haven’t talked to ...

Bitcoin Bubble Blasts: It’s Only a Matter of Time

May 18, 2017

Cindy23

Note: Yi Kelun, president of Corporate Strategy Institute of Anshan city, Anhui province of China, talks about the difference between virtual economy and false economy. Virtual economy is operated on the basis of real economy. A stone can be as precious as a pearl if Taylor Swift w...

Bitcoin Can Be Used For Bad, So as Fiat Currencies

May 17, 2017

Cindy23

An unprecedented ransomware Wannacry has effortlessly made thousands of Chinese college students, especially senior students cry like a baby. The cyberattack locks down their papers on infected computers and asks them to pay $300 worth of bitcoin to regain control of them. The hard fact is tha...

Cryptocurrency for Dummies: Bitcoin and Beyond

May 12, 2017

Demir Selmanovic

Note: The is a guest post from Toptal . Demir is a developer and project manager with over 15 years of professional experience in a wide range of software development roles. 8BTC is always looking for talented contributors. Bitcoin created a lot of buzz on the Internet. It was ridicu...

Cryptocurrencies Are Sirens Luring You to a Journey of No Return

May 9, 2017

Cindy23

Why do you buy cryptocurrencies? For investment or for speculation? If you dream of getting rich overnight and buy any coins when the price is rising, then you are so doomed. Cryptocurrencies are like sirens who lure you to invest with their enchanting music and voices. You get blinded by th...

Bitcoin Holder Sun Zeyu Working to Launch Physical Wallet Coldlar

May 5, 2017

Cindy23

Sun Zeyu, chief strategy officer of Bichuang, has been holding Bitcoins for years. He said that planning to get rich with Bitcoin is just like playing the lottery, you never know who are the lucky ones. “It was on October 17, 2013 that I invested 30,000 yuan in Bitcoin. And I was reall...

Bitcoin Price Breaks 1459 USD, Is It too Late to Buy Bitcoin Now?

May 3, 2017

Cindy23

The price of Bitcoin hit an eight-year high Monday, surpassing 1,459 USD or 10,060 CNY. As bitcoin price is rising to levels unseen before, some experts predict that one will be able to buy a house in Beijing with one Bitcoin in 10 years. My colleagues (mostly girls) checked their ba...

“One Bitcoin, One House,” Nonsense or Reality?

Apr 28, 2017

Cindy23

“One Bitcoin, one house” has recently become a new expectation among Chinese Bitcoin investors. Zhao Dong, an old Bitcoin holder, said that not everyone has the luck to get rich. "When I first heard of Bitcoin in 2009, I didn’t take it seriously. I thought it was just something lik...