30 Sep '14, 6pm

Chomping at the Bitcoin: An Expert’s Take on Bitcoin in China #China #Bitcoin -

Chomping at the Bitcoin: An Expert’s Take on Bitcoin in China #China #Bitcoin -

Around mid to late 2013, the bitcoin world started waking up to an interesting realization: bitcoin growth wasn’t being driven by the typical finance and tech centers of New York, London or Silicon Valley. In fact, China was playing the more significant role. At that time, exchange BTC China had already posted the record-high bitcoin price of $308 (CNY equivalent) in April 2013 and was surpassing Mt Gox in trade volumes. Chinese factories were cranking out mining machines and the country’s residents were downloading more bitcoin wallets than anyone else in the world. In November , China was leading the global rise of bitcoin, as its price was growing exponentially. The digital currency hit its all-time high of over $1,230 a few weeks later. Then, on 5th December, the People’s Bank of China (PBOC) entered the narrative with a warning for all financial institutions to steer ...

Full article: http://www.coindesk.com/chinas-role-bitcoins-future/

Tweets

How Long Would It Take to Mine Bitcoin by Hand?

How Long Would It Take to Mine Bitcoin by Hand?

singularityhub.com 30 Sep '14, 5pm

Bitcoin is a decentralized, digital currency. It was invented by a mysterious individual known by the handle, Satoshi Naka...

'Rise and Rise of Bitcoin' a clear-cut take on ...

latimes.com 02 Oct '14, 9pm

As a result, several of those featured bitcoin millionaires are later shown filing for bankruptcy or, in the case of Charl...

We have again called on the NSW Government to t...

nswtaxi.org.au 01 Oct '14, 8am

30 SEPTEMBER 2014 The NSW Taxi Council has again called on the NSW Government to take strong action against ridesharing in...

Bitcoin: Magic, Fraud, or Sufficiently Advanced...

bitcoinmagazine.com 29 Sep '14, 4pm

Arthur C. Clarke’s third law famously states: “Any sufficiently advanced technology is indistinguishable from magic.” What...

The new issue of @BARISTAMAGAZINE is out! This time I take a look at #EcoFriendly coffee roasting.

The new issue of @BARISTAMAGAZINE is out! This ...

baristamagazine.com 01 Oct '14, 6pm

Barista Magazine digital is a complete, online version of the entire issue of Barista Magazine! Whether you're using a com...

Over 5,400 Bitcoin Business Now Listed on

coinmap.org 01 Oct '14, 9pm

To list your venue go to OpenStreetMap editor and add payment:bitcoin=yes tag to it (or payment:litecoin=yes for Litecoin)...

'Bitcoin will become the new gold'

telegraph.co.uk 03 Oct '14, 1pm

“In five short years Bitcoin has issued 12m units valued at $6bn,” said Mr Matonis. “No other virtual currency has ever do...

What’s a Bitcoin Look Like? The Story Behind This Popular Photograph

What’s a Bitcoin Look Like? The Story Behind Th...

bloomberg.com 30 Sep '14, 5am

Dollars, euros and pounds are easy to visualize: They’re physical objects. Being digital, bitcoins aren’t tangible -- whic...

Chinese Markets’ Dominance Poses Questions About Global Bitcoin Trading Flows

Chinese Markets’ Dominance Poses Questions Abou...

coindesk.com 27 Sep '14, 5pm

China’s position as the most active bitcoin trading market has come to attention again as Beijing exchange OKCoin topped d...

Why The Bitcoin Price Drop Is Really Good News

Why The Bitcoin Price Drop Is Really Good News

cryptocoinsnews.com 04 Oct '14, 7am

In some ways, Bitcoin is a victim of its success. With all of the new merchants coming onboard, when merchants take more B...

Bitcoin Is Growing Up: Now You Can Hedge Your Investments

Bitcoin Is Growing Up: Now You Can Hedge Your I...

bloomberg.com 30 Sep '14, 4am

Christian Martin and Leonard Nuara go to a lot of bitcoin conferences, and, at 49 and 55, respectively, they invariably fe...

Bitcoin price falls to 11-month low

bbc.co.uk 06 Oct '14, 1pm

6 October 2014 Last updated at 14:40 Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Bitcoi...

This week in bitcoin: Investment in bitcoin is up as the price goes down

This week in bitcoin: Investment in bitcoin is ...

gigaom.com 10 Oct '14, 9pm

The price drop on Sunday was allegedly caused by an early adopter who sold 24,580 BTC on the BitStamp exchange, raking in ...