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How regulation help decentralize bitcoin OTC in China

Apr 21, 2017

0.Introduction At the beginning of this year, the government in China was tightening Bitcoin trading rules. All Bitcoin exchanges in China have stopped processing Bitcoin withdrawals. Everyone are very pessimistic. But two months later, Bitcoin wasn't taken down. Instead it gets a...

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Op-ed: How bad could it be if we have two or more Bitcoins

Mar 27, 2017

Note:Author of this op-ed is Laomao, founder of Yunbi, which recently announced ETH connected with MLM.He is also a Chinese columnist on 8btc.   The recent plummet of BTC price is because some people worried that Bitcoin may split due to the scaling divergence and they d...

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Op-ed:Why Bitcoin won’t hardfork like Ethereum

Mar 23, 2017

Note: Jiang Zhuo'er released an op-ed to refute the words that Bitcoin might split like Ethereum. He said in the end the market will determine the fate of minority chain. TL;DR 1. The minority fork of BTC needs to burn 200 million Yuan to survive. 2. The mining industry has the ...

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Op-ed: why people choose onchain scaling and oppose Core and SW

Mar 20, 2017

Note: Author of the op-ed is Dr. Liu Changyong. He is also a supporter of BU. Several days ago he summarized 6 reasons to support BU in the “Bitcoin Unlimited” wechat group. 1. In the beginning, SW scaling roadmap was supported by almost everyone and Hongkong agreement was ...

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Op-ed: Should I exchange one BTC for one month of labor?

Mar 10, 2017

Note: author of this op-ed is Shiliang Huang. He is an opinion leader in the Chinese bitcoin circle. According to the official statistics, the average annual  income of Chinese is 62,029 yuan, or ~5170 a month. Chapter 0 Introduction In the last three months, the price of Bitcoin...

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Op-ed: Impossible to de-Chinalize Bitcoin

Feb 16, 2017

Note: the blog is written by Huang Siliang, an opinion leader in Chinese bitcoin community, on 13th Feb. It’s an interesting read along with the tide of de-globalization.  Chapter 0 Introduction PBOC has been strengthening the supervision to domestic Bitcoin enterprises. Comp...

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

Feb 4, 2017

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...

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Why Bitcoin price may not crash like 2013

Jan 4, 2017

Several factors including China’s economic situation have made the Bitcoin surge different from what was the case in 2013 when the price first rose above the $1000 tag but later reversed. As a result, the rising price of Bitcoin today is not likely to suffer a similar fate. Going by its recor...

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Are Chinese buying ETC because of 8BTC article

Dec 30, 2016

An article about ETC by Xu Zijing, AKA Ryan_XxOo, was released on 8btc this Wednesday when the ETC was around 0.0011btc. The article: Will ETC take the next lead, has over 2,500 views at press time. Two days later ETC soars to around 0.0017btc, a 50% gain. It's easy to link...

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Blockchain-based eSDR to address liquidity shortage in 2017

Dec 28, 2016

Yao Yudong, ex-director of PBOC Research Institute, delivered a keynote speech in the 2016 China Shenzhen Fintech Summit, proposing an electronic Special Drawing Rights (eSDR) system based on blockchain technology to mitigate the liquidity shortage problem in 2017. His speech was ...