Will Bitcoin Be Dethroned by an Altcoin? Not in This Life OtherCoins

Will Bitcoin Be Dethroned by an Altcoin? Not in This Life

I started investing in Bitcoin in 2011. In the past 6 years, I have met so many people hailing that Bitcoin will be dethroned by an altcoin. Today you hear eth activists say eth has reached new heights with a market cap of more than $17,85 billion, about 50% of that of bitcoin and it will soon overreach bitcoin. Tomorrow you hear litecoiners claim that as segwit is activated, litecoin will shoot for the moon and bitcoin will die in the long-dragging debate. I didn’t mean to sound critical, but I personally invested a lot of altcoins and got disappointed...
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Blockchain: The Internet of Value Offers a Trustworthy Global Platform that the Internet of Information Never Had OtherCoins

Blockchain: The Internet of Value Offers a Trustworthy Global Platform that the Internet of Information Never Had

Growing up in the 21st century, you may have been warned that you could lose your job as a result of rapid technological change. As an English editor, I’ve been suggested to plan a career change before Machine translation leaves me jobless in three or five years. It is scary to see technological progress eliminating the need for many types of jobs. Therefore, people sometimes choose not to believe as it does in the case of bitcoin and the blockchain technology. I try to talk people around me into learning something about bitcoin and the blockchain technology, but they would...
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CCTV2 Covers BTC, BCC, ETH, XRP, LTC and Scaling Solutions BU VS Segwit OtherCoins

CCTV2 Covers BTC, BCC, ETH, XRP, LTC and Scaling Solutions BU VS Segwit

CCTV2 has launched a new series on the global investment trends regarding to bulk stock, cryptocurrencies, real estate and art market. The debut episode this Wednesday focuses on cryptocurrency. The price of bitcoin hit a new record high of about $3500 this Tuesday. Chen Qian, a Singapore-based CNBC commentator analyzed the performance of such four cryptocurrencies as BTC, ETH, XRP and LTC. The open price of bitcoin was $968.23 on the first day of 2017 and spiked to $3018 in June. Bitcoin price closed at $2873.83 on July 31. “The cryptocurrency market has enjoyed a bull run over the past...
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Bitcoiner Yuan Wei: Bitcoin Is a Great Investment, But Not a Global Currency OtherCoins

Bitcoiner Yuan Wei: Bitcoin Is a Great Investment, But Not a Global Currency

Who is Yuan Wei? One of the seven writers of the book Bitcoin; Computer major at college; Stock enthusiast for years; A tech-savvy; Never sell one bitcoin in the past 4 years. How has my Attitude to bitcoin changed as I’ve learnt more about it?   I always believe that we should hold bitcoin for long, but my understanding about bitcoin has changed. On May 2013, this is how I told people what bitcoin is. “Bitcoin is a revolutionary technology and it is the money of future. “ However, in 2016, I realized that bitcoin is actually anti-human. It will...
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The Upper Limit of 21 Million Makes Bitcoin a Perfect Speculative Tool Instead of a Currency OtherCoins

The Upper Limit of 21 Million Makes Bitcoin a Perfect Speculative Tool Instead of a Currency

Note: The article is written by an anonymous bitcoin holder. Will Bitcoin become a world currency? I guess it will be the next” scaling discussion” that would be dragged on for years.  The answer is so simple: NO! Isn’t it a common sense that any deflationary bias currencies are inherently speculative? Let’s assume that the total supply of CNY is capped at the limit of 1000 million. If you have 100 million, it means that you are the top 10 richest person once and for all, which is like stealing wealth of the future generation. This is totally unacceptable. The upper...
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Yang Zuoxing – The Man behind Antminer S9 and Whatsminer (Shenma) OtherCoins

Yang Zuoxing – The Man behind Antminer S9 and Whatsminer (Shenma)

Cryptocurrency trading is a global activity, but Chinese chipmakers have led the way in developing the most efficient mining machines to mine the cryptos. Crypto mining unicorns Bitmain (founded in 2013), Canaan (founded in 2013) and Ebang (in 2010) have risen rapidly in the digital gold rush these years and all seeked to go public this year. This lucrative business has been drawing more players. Traditional chip giants Nvidia and AMD have made a foray into the crypto mining sector. Latecomers like Innosilicon, Panda Miner and Whatsminer (known as “Shenma” in China) are springing up. In January 2017, a crypto...
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Binance CEO Chaopeng Zhao: Build a Decentralized Financial System in Full Speed OtherCoins

Binance CEO Chaopeng Zhao: Build a Decentralized Financial System in Full Speed

“From $0.003 in the first transaction of BTC in 2010, to $6,000 support in 2018, BTC has grown 2,000,000 times in the last 7 years. Let’s dare the crypto market will do 1/2000th of that in the next few years? 1000x.” – Chaopeng Zhao Chaopeng Zhao, the founder and CEO of Binance, which emerged out of nowhere last year to become the world’s largest cryptocurrency exchange, is a down-to-earth billionaire though sitting on one of the industry’s largest fortunes. In an interview with hiswift News, CZ shared with us about the company’s plans to launch fiat-to-crypto exchanges on almost every...
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Unsolved Mystery of the Cryptocurrency World: Has the PBOC Given the Green Light for Bitcoin Withdrawal? OtherCoins

Unsolved Mystery of the Cryptocurrency World: Has the PBOC Given the Green Light for Bitcoin Withdrawal?

Last Wednesday, Okcoin took the lead and announced that they would allow 20 bitcoins to be withdrawn per day. And followed by Okcoin, BTCC and Huobi resumed their bitcoin and litecoin withdrawals. As Chinese bitcoiners are buzzing about the withdrawal, they are all asking the same question: has the PBOC finally allowed the big three to do so? Operators at Okcoin claims that it has nothing with the PBOC. “After talking with other industrial players, we reached the consensus that it is a good timing to resume bitcoin withdrawal. Plus, the PBOC never asked us to suspend bitcoin services, we...
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One Bitcoin Helps One Family Get Through Dark Times OtherCoins

One Bitcoin Helps One Family Get Through Dark Times

It all started with an email. One night(June 4), when I was closing my eyes while meditating, my phone was suddenly ringing on an incoming message. (I knew I should have turned off my cell phone!) It was an email from a stranger with the title of “BITVC.com”. The email reads: Hi Cindy, Do you have an email address for bitvc.com support? huobi is no longer supporting btc. I chatted with them via their site and they kept insisting they have nothing to do with bitvc and could not support me. My inquiry is in regards to getting my coins off bitvc.com as they stopped...
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Zilliqa & Prysmatic Lab  Geekhub Sharding Deep Talk Online OtherCoins

Zilliqa & Prysmatic Lab Geekhub Sharding Deep Talk Online

Geekhub Global Online, the first blockchain online technology dialogue event in China,begins to meet with  blockchain enthusiasts from around the world! The event aims to deliver cutting-edge high-quality blockchain technology content to the technology community. Each session will invite senior technical geeks from around the world to talk, and members of the Geekhub technical community can also participate in live interactions to discuss blockchain technology, development and the future. The first session of the event,”Sharding and Cross Sharding Communication technology” was successfully completed on September 20th. Two core members of the most innovative team in the blockchain segment were invited to...
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