08 Nov '13, 5pm

From Walmart To Bitcoin: The CEO Behind The Chinese Exchange Sending BTC To New Highs

From Walmart To Bitcoin: The CEO Behind The Chinese Exchange Sending BTC To New Highs

Bitcoin continues marching to new highs this month, despite the rather ominous news this week that one of the major wallet services, Inputs.io, was robbed of over 4,000 BTC, or one million worth of U.S. coin. ConvergEx Group market analyst Nick Colas says that one of the main reasons is the surge in interest in Bitcoin from China. “The biggest Bitcoin exchange is now in China, displacing Japanese, American and European sources of demand,” wrote Colas in a note to clients published by Business Insider . “That enterprise is called BTC China, and its CEO Bobby Lee hails from Yahoo Yahoo ! and Walmart China. Oh, and he graduated from Stanford with a degree in Computer Science. In short, an apparently pretty clever fellow.” On Friday morning in Shanghai, a flattered Lee, 38, spoke to me by phone on his way into the office, with the sound of traffic noise sometimes drowning him ...

Full article: http://www.forbes.com/sites/kashmirhill/2013/11/08/from-w...

Tweets

Chinese can now buy real estate with Bitcoin

Chinese can now buy real estate with Bitcoin

finextra.com 08 Nov '13, 6am

Bitcoin acceptance in China has now extended into real estate with a residential developer in Zhangjiang Hi-Tech park in S...

Bitcoin exchange BTC China experiences all-time...

coindesk.com 11 Nov '13, 10am

Chinese bitcoin exchange BTC China hit its all-time high at the weekend, trading bitcoin at ¥1,978 each. The record surpas...

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bloomberg.com 11 Nov '13, 1pm

Major stories shaping the day at the top of your agenda? Wax the dow jones, a zeitgeist and if you forward, 6751, all week...

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stocktwits.com 07 Nov '13, 1pm

Twitter Close Add Twitter Connection To post messages to your Twitter account, you must first give authorization from Twit...

Bitcoin could go to $1 million

Bitcoin could go to $1 million

businessinsider.com 08 Nov '13, 3pm

It's Bitcoin! The value of the electronic currency Bitcoin has hit a new high of $340. This is not surprising. Earlier thi...

#AskJoel why he supports child labor practices ...

globalexchange.org 10 Nov '13, 5pm

From unfair labor practices to the closing of local businesses these are reasons why people—from small business owners and...

Dope news of the day: Chinese real estate developers now accepting bitcoin. #BREAM.

Dope news of the day: Chinese real estate devel...

QZ.com 14 Nov '13, 10pm

China’s got the bitcoin bug. A real estate developer in Shanghai just announced that it’s now accepting bitcoins for one o...

A beginner's guide to Bitcoin:

dailydot.com 07 Nov '13, 2pm

In an essay published earlier this year in the Michigan Law Review , University of Florida law professor Omri Marian specu...

The Chinese Can Now Buy Real Estate and the Dut...

maxkeiser.com 09 Nov '13, 9pm

Understandably, pretty much all of the focus on Bitcoin as of late has been on price appreciation considering the extraord...

The Chinese Can Now Buy Real Estate and the Dut...

libertyblitzkrieg.com 09 Nov '13, 8pm

As part of the promotion, Shanda accepted Bitcoins for payment. Although the exchange rate was ‘fixed’ at 1,000 Chinese Yu...

Bitcoin Wallet Inputs.io Hacked, 4,100 BTC Stolen

Bitcoin Wallet Inputs.io Hacked, 4,100 BTC Stolen

news.softpedia.com 07 Nov '13, 8am

The Inputs.io Bitcoin wallet – a member of the Bitcoin Foundation – is notifying users that a total of 4,100 Bitcoins (aro...

Shopify accepts Bitcoin.

ecommerce.shopify.com 09 Nov '13, 3am

I really enjoy using Shopify and my store is rapidly gaining traction after only roughly 12 months. It's quite possible th...

Chinese bitcoin exchange vanishes along with $4...

net-security.org 12 Nov '13, 4pm

Another bitcoin exchange has shut down, taking approximately $4.1 million worth of its clients' bitcoins with it and, acco...

Bitcoin Price Hits New Record High

online.wsj.com 13 Nov '13, 3pm

Bitcoin's price vaulted above $400 on the Mt. Gox exchange on Wednesday, touching a record as the virtual currency continu...