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What is Bitcoin?

Bitcoin is a digital crypto-currency with no single point of failure due to its decentralized peer-to-peer architecture. The source code is publicly available and changes to the reference Bitcoin client are made via concensus within the community. Advantages of Bitcoin include irreversible transactions (i.e. no possibility of chargebacks as with credit cards), pseudo-anonymous, limited and fixed inflation, near instant transactions, multi-platform, no double-spend and little to no barriers to entry and more. It was created by an anonymous person known as Satoshi Nakamoto. Find out more at WeUseCoins.com.

Bitcoin Latest News

Bitcoin Wannabe Litecoin Emerges as Low-Price Challenger - Bloomberg


Bitcoin Wannabe Litecoin Emerges as Low-Price Challenger
Bloomberg
“Litecoin right now is where bitcoin was the same time last year,” Michael Curry, co-founder of Canadian digital-currency exchange Vault of Satoshi, said in an interview. “As people are becoming more familiar with bitcoin, they are starting to see ...
Bitcoin Runner-Up Litecoin Emerges as Low-Price Challenger: TechBusinessweek

all 2 news articles »

Posted on 24 April 2014 | 7:34 am

Bitcoin's Promise Goes Far Beyond Payments - blogs.hbr.org (blog)


Bitcoin's Promise Goes Far Beyond Payments
blogs.hbr.org (blog)
Digital currencies like Bitcoin have captured the attention of the media, entrepreneurs, and regulators. The coverage has described exchange meltdowns, price volatility, and government crackdowns. However, the focus on Bitcoin as a currency may ...

and more »

Posted on 24 April 2014 | 7:05 am

From Gold to Cash to Decentralized Data: The Money Revolution Continues

Money has seen some big changes since the days of bartering. Now decentralization is upturning the cart once again.

Posted on 24 April 2014 | 6:50 am

Bitcoin exchange MtGox to start liquidation process - Economic Times


Economic Times

Bitcoin exchange MtGox to start liquidation process
Economic Times
TOKYO: Failed Bitcoin exchange MtGox, whose spectacular collapse hammered the digital currency's reputation, is to be liquidated after a Japanese court on Thursday ordered the start of bankruptcy proceedings, said a lawyer appointed to carry out the ...
Bitcoin exchange MtGox to start liquidation process (Update)Phys.Org
Bankrupt bitcoin exchange Mt. Gox finds 200000 missing bitcoinsVancouver Sun
Mt Gox Bitcoin Exchange Liquidation OrderedSky News
Ottawa Citizen
all 61 news articles »

Posted on 24 April 2014 | 6:09 am

Mt. Gox Announces Commencement of Bankruptcy Proceedings

Mt. Gox has announced the commencement of bankruptcy proceedings in Japan, with attorney Nobuaki Kobayashi appointed as bankruptcy trustee.

Posted on 24 April 2014 | 5:19 am

BitVendo Launches ‘Nuke Proof’ Bitcoin Cold Storage Service

The Irish BTM operator has teamed up with safe deposit facility Merrion Vaults to offer "ultra-secure" bitcoin storage.

Posted on 24 April 2014 | 4:39 am

Bitcoin's future may lie in space - RT (blog)


RT (blog)

Bitcoin's future may lie in space
RT (blog)
Bitcoin miners hope a new initiative from Dunvegan Space Systems and Deep Space Industries Inc. will make the cryptocurrency more secure and easier to access after the two companies announced they will take the peer-to-peer financial system into space.
BitBeat: Will Bitcoin Traverse the Final Frontier?Wall Street Journal (blog)
Cryptocurrency News Round-Up: Bitcoin in Space & MtGox 2.0International Business Times UK
Outer Space: Bitcoin's Final Frontier?Entrepreneur
CoinDesk -PR Newswire (press release)
all 11 news articles »

Posted on 23 April 2014 | 4:42 pm

eGifter Offers 3% Rewards for Gift Cards Bought With BTC, LTC or DOGE

Gift card provider eGifter has launched a new incentive program for its digital currency users.

Posted on 23 April 2014 | 4:10 pm

Investor Group Optimistic in Fight to Stop Mt. Gox Liquidation

A group of investors are seeking control of the bankrupt Mt. Gox bitcoin exchange before its assets are liquidated.

Posted on 23 April 2014 | 2:56 pm

Is Bitcoin A Safe Bet? A Quick Guide To Cryptocurrency - Forbes


Forbes

Is Bitcoin A Safe Bet? A Quick Guide To Cryptocurrency
Forbes
Virtual currencies, notably Bitcoin, have recently gained traction in the media as potential investment vehicles. Proponents praise their decentralization, convenience, and transparency. Over the past year, they have transformed from black market ...
​'Bitcoin better than any form of money that has ever existed before'RT (blog)
IRS says virtual currencies like bitcoin to be taxed like property - not currencyVancouver Sun
Moscow Bitcoin Experts Discuss the Future of Digital CurrencyCoinreport
Econsultancy (blog) -The Voice of Russia -newsBTC
all 19 news articles »

Posted on 23 April 2014 | 2:13 pm

US Election Commission Delays Decision on Bitcoin Campaign Contributions

The US Federal Exchange Commission has delayed its decision on bitcoin campaign contributions expected today.

Posted on 23 April 2014 | 12:25 pm

Cleveland Merchants Join Forces for ‘Bitcoin Boulevard US’ Promotion

Local businesses in Cleveland, Ohio, are teaming up to create a new bitcoin destination called Bitcoin Boulevard US.

Posted on 23 April 2014 | 12:10 pm

Atlas ATS Joins Forces with US Stock Exchange to Avoid Regulatory Hurdles

The bitcoin trading platform has teamed up with the National Stock Exchange to avoid issues faced by US exchanges.

Posted on 23 April 2014 | 11:00 am

Nearly $500k Sitting Unclaimed in Silk Road 2.0 Bitcoin Wallets

Silk Road 2.0 reports that 1,000 BTC has not been claimed by users affected by its February security breach.

Posted on 23 April 2014 | 9:35 am

Is Double Spending Unconfirmed Transactions a Concern for Bitcoin?

While bitcoin has largely removed the issue of double spending, unconfirmed transactions still leave a window of opportunity.

Posted on 23 April 2014 | 7:47 am

Dorian Nakamoto thanks users for $23k donation, denies being Bitcoin creator - PCWorld


The Guardian

Dorian Nakamoto thanks users for $23k donation, denies being Bitcoin creator
PCWorld
The cash-strapped man Newsweek magazine named as the creator of Bitcoin has thanked supporters who donated over $23,000 of the virtual currency to him. Dorian Satoshi Nakamoto again denied being the mysterious mastermind behind Bitcoin in a ...
Man named in Newsweek's bitcoin 'scoop' thanks supportersThe Guardian
Dorian Satoshi Nakamoto thanks bitcoin community: 'I want to hug you'Los Angeles Times
Watch the guy Newsweek thinks created Bitcoin thank the community for their ...Washington Post (blog)
RT -ABC News (blog) -Upstart
all 58 news articles »

Posted on 23 April 2014 | 7:37 am

Digging for answers: The “strong smell” of fraud from one Bitcoin miner maker - Ars Technica


Digging for answers: The “strong smell” of fraud from one Bitcoin miner maker
Ars Technica
For many crypto-minded libertarians, Bitcoin is the future of money. But that dream hasn't been helped much by the numerous high-profile legal cases involving the currency in recent years: The Bitcoin Savings and Trust hedge fund collapsed; uncertainty ...

and more »

Posted on 23 April 2014 | 7:14 am

Jeff Garzik Announces Partnership to Launch Bitcoin Satellites into Space

The non-profit endeavor plans to have a backup node in space in case the Bitcoin network fails.

Posted on 23 April 2014 | 6:00 am

State's top banker to tackle bitcoin, digital currency - The Tennessean


Coinreport

State's top banker to tackle bitcoin, digital currency
The Tennessean
Greg Gonzales, the state's top banking official, has joined a task force exploring virtual currencies, including the growing usage of bitcoin. The Emerging Payments Task Force, comprised of nine state bank regulators, will study the impact of new ...
The Emerging Payments Task Force Invites Regulators to Study BitcoinCoinreport

all 2 news articles »

Posted on 23 April 2014 | 5:48 am

Iowa State University Hit by Bitcoin Mining Malware

The University suffered a massive security breach which compromised student personal data and attempted to mine bitcoins.

Posted on 23 April 2014 | 4:29 am

Dorian Nakamoto Thanks Bitcoin Donors on YouTube

The Californian man accused by Newsweek of being the founder of bitcoin has thanked the community for its support.

Posted on 22 April 2014 | 5:54 pm

Voting Underway for Bitcoin Foundation Board of Directors

Around a dozen candidates will compete over the next week for the Board of Directors' two open seats.

Posted on 22 April 2014 | 4:21 pm

US State Bank Supervisors to Discuss Bitcoin at Public Hearing

The CSBS has announced its task force will examine bitcoin, among other payments topics, at an upcoming May hearing.

Posted on 22 April 2014 | 3:45 pm

Inventor Creates Commercial Bitcoin Fuel Pump

The fuel pump accepts only bitcoin, and is ready for pilot installation, its creator says.

Posted on 22 April 2014 | 1:40 pm

BitPay Pledges 1 BTC Match to BitGive’s “The Water Project” Campaign

How can you put your Bitcoin to good use? In so many ways! One opportunity that you have to consider today is donating to the BitGive Foundation’s Water Project Campaign. The Water Project recently began accepting Bitcoin and focuses on delivering clean water to Sub Saharan Africa. As a 501(c)(3) organization, the Water Project seeks to build a foundation in communities in need of a sustainable water supply. You can be apart of this project. Most of us simply take our running faucets and clean water for granted, but many do not have access to clean drinking water. I agree with the Water Project that, “clean water saves lives.” Donating even 5 USD in BTC can and will truly make […]

The post BitPay Pledges 1 BTC Match to BitGive’s “The Water Project” Campaign appeared first on Bitcoin Magazine.

Posted on 22 April 2014 | 10:54 am

You could soon use bitcoin to support political campaigns - CNNMoney


CNNMoney

You could soon use bitcoin to support political campaigns
CNNMoney
The Federal Election Commission will consider a request this Wednesday that could open the floodgates for donors to make political contributions in Bitcoin in the upcoming mid-term elections. It's a sign of increased acceptance of the upstart currency, ...
FEC Considers Allowing Bitcoin Donations to Political Campaigns // April 23, 2014Nextgov
US Election Commission Delays Decision on Bitcoin Campaign ContributionsCoinDesk
FEC supportive of allowing bitcoins for campaignsThe Hill (blog)

all 21 news articles »

Posted on 22 April 2014 | 9:38 am

Sir Richard Branson Wants a Transparent Cryptocurrency, But Will Customers?

The Endorsements Billionaire entrepreneur Sir Richard Branson, whose Virgin Galactic airlines was the first to accept bitcoins for space flight, recently described bitcoin as “the pioneer of a global currency” in an interview in the April issue of Delta’s SKY Magazine. Branson clearly believes in bitcoin. Not only is he accepting it, but he’s invested in it as well. But his comments indicate that he does not believe bitcoin will be the ultimate winner in the cryptocurrency wars. “It may not be the perfect global currency of the future yet, but it’s the pioneer of a global currency,” Branson said. He joins other tech giants in his assessment. “The Foundation is involved in digital money but unlike Bitcoin it would […]

The post Sir Richard Branson Wants a Transparent Cryptocurrency, But Will Customers? appeared first on Bitcoin Magazine.

Posted on 21 April 2014 | 2:48 pm

Betting on the Blockchain: Sports Gambling and Bitcoin

Sports gambling in America is big business. It is also, largely, illegal. According to the National Gambling Impact Study Commission, nearly $400 billion is wagered on sports by United States citizens during a given year, with only $3.5 billion of those bets being placed at legal books in Nevada. With only one state offering legal sports betting, how is it that U.S. citizens are able to gamble so much on games? While a significant portion of illegal gambling is still done in person, the internet has allowed the popularity of the pastime to soar. Widely used sites such as Bovada and 5Dimes that are based outside of U.S. jurisdiction (Canada and Costa Rica, respectively) offer gamblers a way to get […]

The post Betting on the Blockchain: Sports Gambling and Bitcoin appeared first on Bitcoin Magazine.

Posted on 18 April 2014 | 7:47 pm

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Mt. Gox To Be Liquidated

A Japanese bankruptcy court declared this week that collapsed Bitcoin exchange Mt. Gox will not be permitted to reorganize and therefore must enter liquidation. The court rejected Mt. Gox’s petition (similar to a Chapter 7 filing in the United States) on the grounds that the plan of reorganization submitted by Mt. Gox is unlikely to be successful. Moreover, the court claimed that CEO Mark Karpeles has lost the confidence of creditors and customers whose cooperation would be necessary to carry out the reorganization under Japanese law. Liquidation comes as unwelcome news to Mt. Gox’s customers, many of whom have held on to the possibility of a full recovery of lost funds. Since liquidation involves selling or otherwise distributing all of […]

The post Mt. Gox To Be Liquidated appeared first on Bitcoin Magazine.

Posted on 18 April 2014 | 7:38 pm

Bitcorati: A Hub For the Bitcoin Community

  A major problem with adapting Bitcoin as one’s main currency is the difficulty in making trust-less transactions. Don’t get me wrong; the technology and network behind Bitcoin aren’t the problem. It’s the disconnect between the network of people that two parties may share that can create concern. There is still an issue with making a transaction with an individual especially if they are shipping you a physical device like an electronic device where there is no certainty they are trustworthy without using a commonly trusted user or 3rd party as an escrow. There is a great solution to helping make trustworthy connections within the Bitcoin community and it’s called Bitcorati. This website aims to provide services similar to what […]

The post Bitcorati: A Hub For the Bitcoin Community appeared first on Bitcoin Magazine.

Posted on 18 April 2014 | 7:29 pm

I really enjoy shopping from Overstock.com with Bitcoin

I just think it's great. I'm a member of Club "O" which only cost me $5 for a year. Free shipping on everything, and 5% back on every purchase. Usually the items I need are cheaper on Overstock than other sites. Things like electronics, home appliances, etc etc. I noticed silly things like candles are crazy expensive so I'm guessing that's where they make a lot of money. I just feel like I have similar thinkings to the founder of...

Posted on 18 April 2014 | 12:47 pm

BitPay developers broadcast first Copay multisig transaction from Tucuman, Argentina

submitted by ryancarnated link 17 comments

Posted on 18 April 2014 | 11:00 am

100 Bitcoin Bigfoot Brochures just arrived at my doorstep! ;)

submitted by micro23 link 54 comments

Posted on 18 April 2014 | 10:29 am

U.S. Dollar is Going to Die | Gregory Mannarino

Thumbnail

IN THIS INTERVIEW: - Don't pay attention to the gold and silver markets, "this is all fake" ?1:00 - Will the stock market bubble continue? ?3:40 - What caused the bond market to sell-off?...

Posted on 18 April 2014 | 9:01 am

Everything is Starting to fall in place for Bitcoin

Written by Ivan Raszl,GM of MediaBistro, blogger at Bitcoin Owl and associate at Inside Bitcoins Conference. Originally posted at http://bitcoinowl.com/everything-starting-fall-place-bitcoin Bitcoin is a fairly new phenomena. Nobody at this stage can be sure if it will survive its infancy. But, if we look at the major issues and opportunities surrounding this new technology the signs seem to be all aligning for an exciting two years. Developing world joining Bitcoin‘s adoption in the West may be considered slow considering the advantages it offers. And there is a good reason for this. Most westerners in general do not need Bitcoin. We have a fairly good banking system and we can afford the costs associated with it. We accept the yearly $100-200 bank […]

The post Everything is Starting to fall in place for Bitcoin appeared first on Bitcoin Magazine.

Posted on 18 April 2014 | 6:57 am

/r/technology removing bitcoin censorship, losses default status

submitted by -Mahn link 62 comments

Posted on 18 April 2014 | 6:36 am

The full picture of former Neo & Bee employees

Following the latest statement released by Danny Brewster, CEO of Neo & Bee Ltd, we, the personnel involved at an executive level within Neo and Bee, feel it is appropriate and justified to make the following statement regarding the mistruths and outright lies being fed to investors, creditors and the public. In the interests of preserving the potential that the company can be turned around, we had remained silent on the matter up to this point. The senior management team would like to extend their deepest ...

Posted on 18 April 2014 | 4:14 am

When you can and can’t rely on 0 confirmations

submitted by BitFast link 3 comments

Posted on 18 April 2014 | 1:34 am

Well I prefer the ? symbol because it actually works!

submitted by Vaultoro link 44 comments

Posted on 17 April 2014 | 11:21 pm

MaidSafe Makes Data Safe

If you can understand the organization of ants, you can understand MaidSafe.[1] Alone, by itself, an ant is both vulnerable and easily marginalized.  Yet when working with the rest of the colony, ants with roughly the same petite attributes can take down larger prey, clear paths and protect the mound from disasters (both natural and man-made). I spoke with David Irvine, the CEO of MaidSafe and he used this type of analogy to describe how the decentralized attributes of MaidSafe works.  MaidSafe bills itself as a wholly decentralized internet wherein it acts as a decentralized storage platform available to anyone globally.  Over the past 8 years, the team has concocted a cauldron of algorithms which harmonize, orchestrate and control individual […]

The post MaidSafe Makes Data Safe appeared first on Bitcoin Magazine.

Posted on 17 April 2014 | 6:00 am

Bitcoin taxfree in Denmark

Posted on 25 March 2014 | 5:46 pm

Bitcoin v0.9.0 released

Posted on 19 March 2014 | 6:44 am

Bitcoin-Qt v0.9.0rc3 released

Posted on 13 March 2014 | 3:21 am

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Mt.Gox Bankcrupty Protection

Posted on 28 February 2014 | 8:39 am

Added Bitcoin Central to bitcoincharts.com

Posted on 26 February 2014 | 3:21 pm

Problem with transactions

Posted on 10 February 2014 | 6:07 am

Blockchain banned from App Store

Posted on 7 February 2014 | 5:35 am

Czech ISP accepts bitcoin

Posted on 3 February 2014 | 2:58 pm

7 eleven and bookstores accepts Bitcoin - in Mexico

Posted on 1 February 2014 | 12:51 pm

parfuemerie.de accepts Bitcoin

Posted on 1 February 2014 | 12:42 pm

Bitcoin v0.9.0rc1 released

Posted on 1 February 2014 | 12:05 pm

Coinbase Now Requires Two Factor Authentication For Certain Actions

Coinbase now requires two-factor authentication (also known as 2FA) for certain transactions and changes to an account. The one primarily dealt with in their blog post, seen here, is sending

The post Coinbase Now Requires Two Factor Authentication For Certain Actions appeared first on Bitcoin Blogger.

Posted on 15 January 2014 | 1:58 am

C.A.T. Cryptsy Auto Trader Prints Money All Day Long!

If you’re like me, you know nothing about daytrading. While I was always interested in it, I lacked the time of day to learn about it, and didn’t have much

The post C.A.T. Cryptsy Auto Trader Prints Money All Day Long! appeared first on Bitcoin Blogger.

Posted on 14 January 2014 | 7:53 pm

‘Almost Human’, A Fox Network Show, Has Shown Bitcoin In The Future

Readers! I present to you two video clips from two separate episodes of ‘Almost Human’, Fox’s newest sci-fi show. To quote Jesús Cripto of CCN: Anyways, it’s likely you haven’t heard

The post ‘Almost Human’, A Fox Network Show, Has Shown Bitcoin In The Future appeared first on Bitcoin Blogger.

Posted on 7 January 2014 | 4:01 pm

Bitcoin In The Beltway: Washington D.C. Bitcoin Conference June 20th-22nd

Bitcoin conventions and conferences are a great way for locals to network and hear motivating words from industry leaders.  More and more Bitcoin Conferences are happening each and every year

The post Bitcoin In The Beltway: Washington D.C. Bitcoin Conference June 20th-22nd appeared first on Bitcoin Blogger.

Posted on 6 January 2014 | 2:50 pm

Bitcoin is no Dinosaur, Doomed to be Extinct, it’s Something Else Entirely

In Stephen Mihm’s latest article in the Bloomberg Opinion section, he calls Bitcoin, in the title of the article no less, a “High-Tech Dinosaur Soon to Be Extinct”. Well, to

The post Bitcoin is no Dinosaur, Doomed to be Extinct, it’s Something Else Entirely appeared first on Bitcoin Blogger.

Posted on 2 January 2014 | 8:59 am

Incentives, Make-Believe Money, and Pretend-to-be-a-day-trader Day

I worry sometimes, folks. Usually about things other than Bitcoin, because it needs time to mature and make its own mistakes. But still, sometimes I worry about it. My biggest

The post Incentives, Make-Believe Money, and Pretend-to-be-a-day-trader Day appeared first on Bitcoin Blogger.

Posted on 23 December 2013 | 7:04 pm

Someone Attempted to Trademark Bitcoin Again

Marvin Dennis of East London attempted to file a trademark claim over Bitcoin on Nov. 5th, full application seen here. This application is rather… odd though. The filing itself is,

The post Someone Attempted to Trademark Bitcoin Again appeared first on Bitcoin Blogger.

Posted on 23 December 2013 | 6:20 pm

Major Chinese BTC Exchange OKCoin Facing Allegations

OKCoin, touted as the second biggest Chinese exchange, second only to BTC China in volume, is being accused of trading with fake data. Following the ruling that Chinese banks and

The post Major Chinese BTC Exchange OKCoin Facing Allegations appeared first on Bitcoin Blogger.

Posted on 23 December 2013 | 2:23 am

Alleged Silk Road Administrators Arrested in Virigina, Australia, and Ireland

TechCrunch reported on rumors of arrests of some Silk Road administrators earlier this week, and those rumors have been confirmed. According to an official announcement  from the Southern District of

The post Alleged Silk Road Administrators Arrested in Virigina, Australia, and Ireland appeared first on Bitcoin Blogger.

Posted on 21 December 2013 | 10:34 pm

Bitcoin Billboards Appearing Around Los Angeles

This story first appeared in CCN. Los Angeles residents driving near the area of Robertson and Cadillac might notice a new unusual advert on the billboard at 2363 S Robertson

The post Bitcoin Billboards Appearing Around Los Angeles appeared first on Bitcoin Blogger.

Posted on 20 December 2013 | 11:45 am

April 24, 2014 - Advertise with Anonymous Ads
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