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Category Archives: Bitcoin

Chinese stock market may push Bitcoin further till January

Dec 14, 2016

Olusegun Ogundeji

Another stumble in the Chinese stock market has coincided with a slight rise in the price of Bitcoin suggesting a correlation which is likely to continue until January.  While the stock dropped to a six-month low, Bitcoin reaches multi-year high to hit $788 on Tuesday December 13 accordi...

Core to Bitcoin is like Iridium Satellite to Motorola

Dec 12, 2016

Red Li

Jiang Zhuo’er, the hardcore opponent of Bitcoin Core, posted a weibo bashing the Core Devs , whose obsession with anonymity and deepweb is the major hurdle to onchain scaling. He even compared the Core roadmap with Iridium Satellite project in a debate. He said: What the Core devel...

BTC38 to Offer 0% Transaction Fee for Company Account

Dec 6, 2016

Red Li

On 5th Dec, BTC38 introduced company account verification and 0% transaction fee for these accounts by the end of 2017. Currently individual user need to submit ID number and mobile phone number verification for level 1 or 30,000 RMB monthly deposit limit, hand-held ID photos for level ...

Bitcoin mining now decentralized in China – Chandler Guo

Dec 5, 2016

Olusegun Ogundeji

Speaking on how Bitcoin mining has been evolving in China, a Chinese angel investor in Bitcoin and Ethereum startups has stated that things have changed in the sector in the last one year following the direct involvement of energy companies in the mining process which has decentralized most of...

4 Reasons Why Miners are the Most Trustworthy People

Dec 2, 2016


Changyong Liu, a Bitcoin economy expert and university professor in China,  explained why he trust miners more than any other stakeholders in the whole community. 4 reasons to trust Bitcoin miners 1.Miner’s stake is almost completely compatible with the whole ecological interests: ...