Erik Voorhees, THE MAJORITY OF CRYPTO USERS REFER TO THE AUG 1, 2017 FORK OF BITCOIN SIMPLY AS 'BCash'…NOT BITCOIN CASH. THE MARKET HAS SPOKEN. WILL YOU COMMIT TO REDUCING CONFUSION TO NEW CRYPTO USERS AND DO THE RIGHT THING BY CHANGING ALL REFERENCES F

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Bitcoin

Confusion Grows Surrounding Official Chinese Position Regarding Bitcoin Mining (news.bitcoin.com)

In recent days a number of conflicting reports have surfaced pertaining to the stance of China’s government with regards to bitcoin mining. Last week, Bloomberg reported that the People’s Bank of China (PBOC) had met to discuss curbing mining operations in China, whilst Chinese media reports denied such – however, it has since emerged that the local government of Xinjiang province has mandated an “orderly exit” of its bitcoin mining industry. Despite widespread speculation that the

Bitcoin

Confusion and Euphoria As Bitcoin Cash Surges Past $30 Billion (coindesk.com)

“BITCOIN CASH IS BITCOIN NOW.” Issued by Li Ang, head of China-based bitcoin mining outfit Canoe Pool, the proclamation may not be distinguishable from typical cryptocurrency banter. However, the difference this time around is the context. No idle statement, Ang’s comment comes amid what can only be characterized as one of the biggest migrations of […]

Bitcoin

Bitcoin wallet confusion

Being new to the Bitcoin world, I have found my way around a lot of things but paper wallets is still confusing. I went to Bitcoin address and generated 3 wallets I believe. I have private key info and bitcoin address. I take it if I buy bitcoins I use the Bitcoin address to send to. So where are the bitcoins stored? How do I withdraw the bitcoins if I want to?

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