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Bitcoin has ”died“ over 100 times.
It died in 2013 after the collapse of its biggest online exchange Mt Gox. Back then, bitcoin obituaries were all over the Internet. Earlier this year, the price of bitcoin abruptly fell from $1,161 to $889 as People’s Bank of China (PBoC) was stepping up its efforts to regulate the market. And when Chinese bitcoin exchanges have disabled withdrawals of the cryptocurrency, people gathering at forums keep asking if bitcoin is doomed. But bitcoin just refuses to die this way and it has showed the world its resilience. And obviously, what doesn’t kill bitcoin makes it stronger.
But things are slightly different this time. Over the past several weeks, as everyone in the community wondering if BU would be activated, bitcoin is unavoidably said to die again. Will a hard fork sentence bitcoin to death?
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As bitcoiners are worrying what might happen if bitcoin hard forks, Bitfinex is already trading post fork coins BCC and BCU, like the situation isn’t complicated enough. “If no fork occurs by December 31, 2017, then BCU will expire worthless and BTC will be given in exchange for each BCC holder.” it seems that BU supporters think hashing power is everything in the world of bitcoin, but that is not the case. If mining pools hard fork together in the name of “defending the interest of bitcoin community”, what would be their next step? Increasing the 21 million maximum coin limit? read the whole article at: http://news.8btc.com/hashing-power-is-not-the-king-in-the-world-of-bitcoin |
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Amazing Speed 51,000,000 Qtum tokens have been sold out within 117 hours after the QTUM’s global crowdsale kicked off on March 16th 12:00 pm. 11,156.76 BTC and 77,081.031 ETH have been raised according to the offcial. That is to say Qtum has raised more than 15 million USD in less than 5 days. Qtum has been recognized as the Blockchain project that has raised the most funds by using the least time. http://news.8btc.com/qtum-crowdsale-culminates-in-15m-usd-in-117-hours |
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As Bitclub and Antpool are joining in switching to Bitcoin Unlimited, it seems that after almost three years of endless debate, the time for a conclusive decision has finally arrived. Will mining pools hard fork together? Which path will miners choose? What will happen to our coins? What are the possibilities of bitcoin hardfork? There are just so many uncertainties. Read more about the story: http://news.8btc.com/are-you-worried-if-bitcoin-hardfork-will-be-the-next-ethereum-failure |
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BitFury and a Chinese blockchain startup BestSign announced a partnership on March, 19th to make blockchain the next electronic signature. BitFury will offer money and tech support to help BestSign change how people sign documents in China. For years the question whether electronic signatures are as legal and enforceable as paper contracts have been plagued e-signature startups. At BestSign, it is developing its own e-signature system that has achieved ISO 27001 compliance. The company is also working with Apple, Intel to develop more blockchain-based solutions. Read more about the story: http://news.8btc.com/bitfury-and-bestsign-trying-to-make-blockchain-the-future-of-electronic-signatures |
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9 mllion USD worth of BTC and ETH has been raised within 90 minutes for the crowdsale of Qtum, the most discussed and focused Blockchain project of China in 2017 as it has officially kicked off on March, 16th, , GMT 12:00pm (Beijing Time 20:00). At the press time, Qtum's crowdsale has reached 81% milestone of the total 51,000,000 Qtum token that are planed to distributed in the crowdsale. The funds are composed of 8,999 BTC and 6,4731ETH, worth of more than 12 million USD. Currently the crowdsale is still underway and is seeing more in-coming investors. Investment outside China is also fastly contributing to the crowdsale. Here is the officially recommended platform for overseas investors of Qtum. qtum.bizhongchou.comqtum.bizhongchou.com is the exclusive site owned by bizhongchou.com for overseas investors while Bizhongchou.com is a crowdfunding site affiliated to 8btc focusing on Chinese investors. Please first register on news.8btc.com to gain an account which can be used on news.8btc.com for qtum investment. Please also join Qtum’s official Slack Gruop to meet Qtum team and 8btc for more updated information and discussion. qtumnexus.slack.com |
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Have you ever thought of why some people succeed in investing bitcoin while others lose? a chinese bitcoin holder shared his story about 4 things he learned from his successful investment in bitcoin. Actually, he started with Litecoin, but lost everything. He began investing in bitcoin in 2015 and won a return of 330% in 20 months. Read more about the story. http://news.8btc.com/4-things-i-learned-as-a-bitcoin-holder |
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9 mllion USD worth of BTC and ETH has been raised within 90 minutes for the crowdsale of Qtum, the most discussed and focused Blockchain project of China in 2017 as it has officially kicked off on March, 16th, , GMT 12:00pm (Beijing Time 20:00). At the press time, Qtum’s crowdsale has reached 67% milestone of the total 51,000,000 Qtum token that are planed to distributed in the crowdsale. The funds are composed of 7828 BTC and 38,931 ETH, worth of more than 10 million USD. http://news.8btc.com/qtums-amazing-crowdsale-9m-usd-worth-raised-in-90-minutes |
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9 mllion USD worth of BTC and ETH has been raised within 90 minutes for the crowdsale of Qtum, the most discussed and focused Blockchain project of China in 2017 as it has officially kicked off on March, 16th, , GMT 12:00pm (Beijing Time 20:00). At the press time, Qtum’s crowdsale has reached 67% milestone of the total 51,000,000 Qtum token that are planed to distributed in the crowdsale. The funds are composed of 7828 BTC and 38,931 ETH, worth of more than 10 million USD. http://news.8btc.com/qtums-amazing-crowdsale-9m-usd-worth-raised-in-90-minutes |
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China has long been criticized for its poor intellectual property rights(IPR) protection. But thanks to blockchain tech, things have changed for the better. A new startup, Yuanben, or Original, is hoping to crackdown piracy through blockchain. It is a timestamp-based platform where info recorded is immutable. When a new article is posted on the platform, it will be stamped as original and relevant information about title, author, creation time will be recorded on Yuanben Chain. Read more about the story: http://news.8btc.com/blockchain-plays-a-role-in-copyright-protection |
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The crowdsale of Qtum, the most discussed Chinese Blockchain project of 2017 will officially kicks off on March, 16th, , GMT 12:00pm (Beijing Time 20:00) and will end on April 15th 2017 GMT 12:00pm (Beijing Time20:00). The crowdsale will also complete earlier if 51,000,000 Qtum token to be distributed are sold out in advance. The Qtum crowdsale includes four price tiers, lasting one week each, as well as an early bird bonus phase as detailed below:  http://news.8btc.com/countdown-for-qtums-ico-on-march-16th |
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you may be seeing transaction volume as a metric when choosing bitcoin exchanges. But bitcoin insiders reveal that it is an open secret that exchanges generate fake transactions to make themselves look better. this could be devastating for bitcoin newbies like me. Normally, there are three ways to do so. Read more about this story at: http://news.8btc.com/threes-ways-to-generate-fake-transactions-at-bitcoin-exchanges |
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As bitcoin withdrawals suspension continues in China, many Chinese investors are complaining that the Chinese government is too “capricious“and unpredictable. Some believe they would manipulate the media to focus on negative reporting of bitcoin. And it might even could spell doom for bitcoin by confiscating all bitcoins of the three exchanges. But some believe even if bitcoin dies, there would be more altcoins rising. You can read more about the story at: http://news.8btc.com/will-bitcoin-die-whencapricious-chinese-government-confiscates-all-bitcoins-of-the-big-three%EF%BC%9FBTW, what do you think will be the doom day of bitcoin? |
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Have u ever worried that if u support some mystical organizations ur info will be leaked? Maybe now u can use bitcoins. [/b] This is what Cheollima Civil Defense(CCD) is doing to help Han Sol, son of the dead Kim Jong Nam. Now CCD has received 2.7 bitcoins. some chinese netizens joked that that's coz he looks so much better than his uncle Kim-Jong-un. i wonder WHERE r those donors from? China? American? Russia? South Korea? Read more about this story: http://news.8btc.com/bitcoin-plays-a-role-in-humanitarian-assistance |
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The price of a bitcoin has surpassed the price of one ounce gold for the first time ever, reaching more than 1290 per unit last Friday. Maybe u r starting to persuade family and friends around you to buy bitcoin, but have u ever thought of this question: what will be the future of bitcoin? could it be d ethroned by other currencies or be banned? Or even worse, it night be controlled by Chinese investors. what's on ur mind? Read more about worst possibilities of bitcoin at: http://news.8btc.com/is-it-a-blessing-or-a-curse-if-the-red-dragon-controls-the-future-of-bitcoin |
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Does it ever happen to u when u don’t want to redeem gifts at bank A while they have no enough points for right gifts at bank B? China UnionPay Data Services Co, Ltd., a subsidiary of China UnionPay, launched an interbank system where cardholders can exchange bonus points from among any of the banks they do business with to select the rewards they want. Hopefully my bonus points will no longer go unused . Read more about the news. http://news.8btc.com/?p=3759&preview_id=3759&preview_nonce=0697e86efc&_thumbnail_id=3767&preview=true |
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