Bitcoin is not a currency, Bitcoin is a people's movement
By Martin Tiller I don’t know about you, but I am getting sick of hearing about China. It seems that every time any market moves, stocks, bonds, oil – anything – China is given as the reason. It’s beginning to sound more like an excuse than a reason. I mean, does slower than expected Chinese […]
Read MoreOn CoinMap.org you can get a view of everything Bitcoin including consulting houses like Bitcoin Expert in Copenhagen. OK Coin in China gets a $10 million investment to built one of the world’s largest exchanges. Philippines is one of the first countries where Bitcoin got a mainstream breakthrough. The Bank of Thailand does not like […]
Read MoreAs of now, none of the five largest, most influential Bitcoin exchanges are in the United States: Slovenia-based Bitstamp ($368 million in 30 days); Bulgaria-based BTCe ($267 million in 30 days); Japan-based Mt. Gox for dollar transactions ($261 million in 30 days); China-based BTC China ($151 million in 30 days); Japan-based Mt. Gox for euro […]
Read MoreAfter crackdown, a new Bitcoin king emerges in China. Meanwhile, China’s two other big exchanges — Huobi and OKCoin — are bypassing payment processors by letting users wire money directly into exchange bank accounts, says Scott Freeman, a China-based entrepreneur who is also a Bitcoin investor. That’s a slower process, but he says that since […]
Read MoreTech In Asia takes a look at how Bitcoin is treated in a few Asian countries. Bitcoin, a peer-to-peer virtual form of money created back in 2009, first caught our attention back in 2011 when Ruxum launched its Bitcoin exchange in Asia.But Bitcoin hype only reached fever pitch in the latter half of 2013 when […]
Read MoreBut Taobao’s impending ban is puzzling. While China’s Central Bank has decreed that Bitcoin and any other virtual currency cannot be used as a currency (ie: for buying and selling stuff), people may still trade it and invest in it as a commodity. In theory, that makes it fine to trade online, and perfectly legal […]
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