{"id":824,"date":"2017-09-08T19:14:17","date_gmt":"2017-09-08T19:14:17","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=824"},"modified":"2017-12-17T22:53:44","modified_gmt":"2017-12-17T22:53:44","slug":"news-bitcoin-cash-roadmap-bitpay-as-exchange-no-kik-ico-for-canada-ft-vs-mone-bitcoin-not-banned-in-china","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2017\/09\/08\/news-bitcoin-cash-roadmap-bitpay-as-exchange-no-kik-ico-for-canada-ft-vs-mone-bitcoin-not-banned-in-china\/","title":{"rendered":"News: Bitcoin Cash roadmap, Bitpay as exchange, no Kik ICO for Canada, FT vs Mone, Bitcoin not banned in China"},"content":{"rendered":"<ul>\n<li>Chris Pacia posts the <a href=\"https:\/\/chrispacia.wordpress.com\/2017\/09\/01\/the-bitcoin-cash-roadmap\/\">Bitcoin Cash development roadmap<\/a>. Jorge Stolfi points out the key problem: <a href=\"https:\/\/www.reddit.com\/r\/Buttcoin\/comments\/6ybi0h\/the_bcash_development_roadmap_pick_holes_starting\/dmm4ur1\/\">the notion that a roadmap is a good idea<\/a>. &#8220;Except for the difficulty adjustment and maybe the (simplest) malleability fix, none of the proposed changes addresses a demonstrated need.&#8221;\n<p><\/p>\n<li>Bitpay claims <a href=\"https:\/\/support.bitpay.com\/hc\/en-us\/articles\/203010396-Can-I-use-BitPay-as-an-exchange-\">not to run an exchange<\/a>, and <a href=\"https:\/\/support.bitpay.com\/hc\/en-us\/articles\/203010456-Where-does-BitPay-get-its-exchange-rates-\">implies<\/a> (but does not say directly) that it gets the dollars to pay merchants by selling the coins from the merchants&#8217; customers on its network of exchange partners &mdash; but &#8220;<a href=\"https:\/\/ftalphaville.ft.com\/2017\/09\/06\/2193303\/dubai-or-bust-for-baroness-bitcoin\/\">FT Alphaville<\/a> sources say the company operates a not-insignificant OTC trading operation, implying exchange risk and liquidity is managed in-house.&#8221; Izabella Kaminska pops into \/r\/buttcoin to detail <a href=\"https:\/\/www.reddit.com\/r\/Buttcoin\/comments\/6yhpm9\/bitpay_claims_not_to_be_an_exchange_but_ft\/dmo7xm1\/\">just how naughty this may be<\/a>.\n<p><\/p>\n<li>Kik&#8217;s Kin Foundation is disappointed to <a href=\"https:\/\/medium.com\/kinfoundation\/canadian-residents-excluded-from-next-weeks-kin-tde-fdaded41ffdb\">break the news<\/a> to its fellow Canadians that they can&#8217;t participate in <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2017\/08\/30\/kiks-ico-for-a-completely-centralised-cryptocurrency-in-a-desperation-move-at-the-venture-capital-drying-up\/\">Kik&#8217;s ICO<\/a>. Ciaran Murray <a href=\"https:\/\/twitter.com\/C1aranMurray\/status\/906058229041569792\">notes<\/a>: &#8220;One country gives indication you&#8217;re on shaky ground but you persevere selling into the other 129 anyway. What could go wrong?&#8221;\n<p><\/p>\n<li>Izabella Kaminska <a href=\"https:\/\/twitter.com\/izakaminska\/status\/905322000436125697\">tweets the tale<\/a> of Financial Times Alphaville and <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2017\/09\/06\/mone-and-barrowmans-dubai-bitcoin-property-scheme-is-for-holders-with-more-bitcoins-than-sense\/\">Mone and Barrowman<\/a>.\n<p><\/p>\n<li>A <a href=\"https:\/\/wallstreetcn.com\/articles\/3029742\">news story this afternoon<\/a> seemed to say that <a href=\"https:\/\/translate.google.com\/translate?sl=auto&#038;tl=en&#038;js=y&#038;prev=_t&#038;hl=en&#038;ie=UTF-8&#038;u=https%3A%2F%2Fwallstreetcn.com%2Farticles%2F3029742&#038;edit-text=\">China would ban Bitcoin trading on exchanges<\/a>. This turned out to be a <a href=\"https:\/\/translate.googleusercontent.com\/translate_c?depth=1&#038;hl=en&#038;ie=UTF8&#038;prev=_t&#038;rurl=translate.google.com&#038;sl=auto&#038;sp=nmt4&#038;tl=en&#038;u=https:\/\/mp.weixin.qq.com\/s\/2YfePTC0sGsFjHvf-HUqqA&#038;usg=ALkJrhg6pvKlkF3-WUol43axUEkcIl6ckg##\">dodgy rumour on QQ<\/a>, with <a href=\"https:\/\/twitter.com\/YourBTCC\/status\/906181802548539393\">BTCC<\/a>, <a href=\"https:\/\/twitter.com\/cnLedger\/status\/906195967908601856\">OKCoin and Huobi<\/a> saying they&#8217;d heard nothing of the sort, but it had the predictable effect on the price:\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2017\/09\/btc-price-20170908.png\" alt=\"\" width=\"600\" height=\"338\" class=\"aligncenter size-full wp-image-844\" srcset=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2017\/09\/btc-price-20170908.png 900w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2017\/09\/btc-price-20170908-300x169.png 300w, https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2017\/09\/btc-price-20170908-768x433.png 768w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<br><br><div align=\"center\"><p><a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\"><img src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/become_a_patron_button.svg\" alt=\"Become a Patron!\" title=\"Become a Patron!\" width=217 height=51><\/a><br><p style=\"align:center;\" class=\"patreon-badge\"><i>Your subscriptions keep this site going. <a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\">Sign up today!<\/a><\/i><\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>In case you wondered why Bitcoin crashed this afternoon &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[21,42,67,100,19,30,6,3],"class_list":["post-824","post","type-post","status-publish","format-standard","hentry","category-uncategorised","tag-bitcoin","tag-bitcoin-cash","tag-bitpay","tag-china","tag-doug-barrowman","tag-kik","tag-links","tag-michelle-mone"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/comments?post=824"}],"version-history":[{"count":26,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/824\/revisions"}],"predecessor-version":[{"id":1034,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/824\/revisions\/1034"}],"wp:attachment":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media?parent=824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/categories?post=824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/tags?post=824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}