Bitcoin Latest News
Ron Paul: Bitcoin Is Not 'True Money'Business Insider
"Though I don't personally believe that Bitcoin
is true money, it should be perfectly legal and there should be no restrictions on it, there should be no taxes on it," Paul wrote. "The people who operate Bitcoin
would, of course, be prohibited from ...and more »
Posted on 16 April 2014 | 11:50 pm
Dogecon SF will bring the area's dogecoin community together to celebrate its history over panel talks, food and fun.
Posted on 16 April 2014 | 3:16 pm
Blockchain and the Bitcoin Foundation will co-present the Blockchain Awards at the Bitcoin 2014 Conference in Amsterdam next month.
Posted on 16 April 2014 | 2:16 pm
Posted on 16 April 2014 | 2:06 pm
New York-based SecondMarket is now offering a professional-level bitcoin exchange service available for institutional traders.
Posted on 16 April 2014 | 1:45 pm
A group of researchers at Britain's Aston University claim that the likely creator of Bitcoin is digital currency blogger Nick Szabo. “The number of linguistic similarities between Szabo's writing and the Bitcoin paper is uncanny, ...
Posted on 16 April 2014 | 1:16 pm
Online marketplace CeX now pays bitcoins to UK customers selling used technology and entertainment products on its site.
Posted on 16 April 2014 | 1:10 pm
Bitcoin Magazine is currently considering breaking up the magazine into categories. The motivation for this is a desire for our readers to know what section they are in without looking at the table of contents. We also want to group similar stories near each other and possibly color code our sections to assist in automaticity while navigating through the magazine. We also want these sections to reflect our readers favorite areas of interest, and hope this poll will help us as we consider using categories/sections to group magazine content. If you want to suggest a different category please enter it in the comments or email email@example.com.
The post Survey Says: Bitcoin Magazine is Considering Categories appeared first on Bitcoin Magazine.
Posted on 16 April 2014 | 12:42 pm
The first customer-facing marijuana vending machine to debut in the US will accept bitcoins as a form of payment.
Posted on 16 April 2014 | 12:11 pm
Posted on 16 April 2014 | 12:10 pm
Posted on 16 April 2014 | 11:15 am
Minneapolis Federal Reserve Bank President Narayana Kocherlakota addressed bitcoin during a town hall meeting today.
Posted on 16 April 2014 | 10:18 am
This guest post by Ian Grigg is reprinted with permission from financialcryptography.com. Before Bitcoin, there was cryptocurrency. Indeed, it has a long and deep history. If only for the lessons learned, it is worth studying, and indeed, in my ABC of Bitcoin investing, I consider not knowing anything before Satoshi’s paper as a red flag. Hence, a very fast history of what came before. Early Days The first known (to me) attempt at cryptocurrencies occurred in the Netherlands, in the late 1980s, which makes it around 25 years ago or 20BBTC. In the middle of the night, the petrol stations in the remoter areas were being raided for cash, and the operators were unhappy putting guards at risk there. But […]
The post A Quick History of Cryptocurrencies BBTC — Before Bitcoin appeared first on Bitcoin Magazine.
Posted on 16 April 2014 | 10:10 am
Peercoin was the first Bitcoin-based monetary system to use proof-of-stake as a mechanism to ensure its own integrity. However, there are some objections to Peercoin’s proof-of-stake model. This article presents those objections along with a similar system redesigned to address them. In a simplified version of Peercoin’s proof-of-stake design, each node can use part of its balance as a stake allowing it to chain blocks. The bigger that stake, the more chances this node has of increasing the block chain. The reward for chaining blocks is 1% of the used stake as newly minted coins, annually. Conversely, making transactions requires paying a fee that destroys 0.01 coins per transaction. For example, after having chained a block using one coin of […]
The post Transaction Rights: The Necessary Product of Block Chaining appeared first on Bitcoin Magazine.
Posted on 16 April 2014 | 10:07 am
Beginning Monday, technology enthusiasts in Brazil became able to convert the Brazilian Real to Bitcoin using a Bitcoin vending machine, also known as a Bitcoin ATM. The unveiling marks the first Bitcoin ATM to be installed in Latin America, with a permanent position at a Sao Paulo bar which is already accepting Bitcoin. As the popularity of digital currency in Latin America continues, many businesses and individuals are taking advantage of the benefits that this new payment method provides. For businesses in developing countries, Bitcoin gives businesses the ability to end costly trade restrictions that decrease profits and hinder their ability to compete in the global marketplace. Bitcoin can also cut transaction fees associated with debit and credit card transactions. […]
The post First Bitcoin ATM Lands in Latin America appeared first on Bitcoin Magazine.
Posted on 16 April 2014 | 9:50 am
Pete Sweeney Reuters April 16, 2014. BTC China, one of the country's leading digital currency exchanges, has installed China's first bitcoin ATM and launched an online app allowing individuals to buy and sell bitcoins using ...
Posted on 16 April 2014 | 9:32 am
Posted on 16 April 2014 | 8:24 am
Posted on 16 April 2014 | 7:05 am
CNBC.com has released their digital documentary “The Bitcoin Uprising” this morning. The documentary follows cnbc.com reporter Mary Thompson into the world of bitcoin, from home-based mining operations to the deep web. Thompson and one of her producers, Karina Frayter, decided to create this piece after realizing that a 1-minute ‘hit’ (or story) on the currency was too difficult to do. The documentary will only be available online, as that is the “most appropriate place for it, considering the bitcoin community is completely immersed in the digital world,” Thompson explains. Thompson’s journey through the bitcoin sphere started from a place of “pure curiosity.” However, she quickly recognized that this new technology had many “strong voices backing it, and strong voices criticizing […]
The post CNBC Explores Bitcoin appeared first on Bitcoin Magazine.
Posted on 16 April 2014 | 6:00 am
TPG Assistant Editor Melanie Wynne takes us through a quick history of the bitcoin and analyzes the future of this digital currency and whether travelers could take advantage of it in the future. In the four-year history of the ...
Posted on 16 April 2014 | 5:29 am
CoinDesk's Kadhim Shubber visits the offshore vault where Bullion Bitcoin trades digital gold for the real thing.
Posted on 16 April 2014 | 5:24 am
The defunct bitcoin exchange is now less likely to ever recover missing or seized funds, diminishing relaunch hopes.
Posted on 16 April 2014 | 4:47 am
SHANGHAI (Reuters) - BTC China, one of the country's leading digital currency exchanges, has installed China's first bitcoin ATM and launched an online app allowing individuals to buy and sell bitcoins using mobile phones, ...
Posted on 16 April 2014 | 4:44 am
submitted by coinwatcher link 6 comments
Posted on 16 April 2014 | 2:30 am
submitted by Nous322bc link 24 comments
Posted on 16 April 2014 | 2:21 am
Tareq joins us again to chat more Bitcoin, technology, AI, privacy, and more!
Posted on 16 April 2014 | 1:16 am
submitted by Tebros link 42 comments
Posted on 15 April 2014 | 11:57 pm
submitted by object_oriented_cash link 4 comments
Posted on 15 April 2014 | 8:47 pm
William Quigley, part of a group aiming to relaunch Mt. Gox, appeared on CNBC today to discuss his bid.
Posted on 15 April 2014 | 5:06 pm
The price of bitcoin rose today as a long-rumored PBOC deadline passed without further action from the regulator.
Posted on 15 April 2014 | 4:10 pm
Cryptocurrency exchange CoinMKT has announced that it has launched an API to provide advanced access to its platform.
Posted on 15 April 2014 | 3:15 pm
Disclosure: the author of this article is the founder and Chief Scientist of the Ethereum project Last week, Adam Back and Austin Hill came out with an announcement on Let’s Talk Bitcoin, in which they announced their newest project: “sidechains”. The idea, they described, would allow for the existence of alternative blockchains, perhaps with different rules allowing various kinds of additional features or transaction types, but with a currency unit whose value is pegged to that of the bitcoin. The intent is to allow experimentation with different extensions to the Bitcoin protocol, using separate networks to avoid any risk to Bitcoin itself, while still using the same underlying currency unit. As soon as the idea was announced, there has been […]
The post Side Chains: The How, The Challenges and the Potential appeared first on Bitcoin Magazine.
Posted on 15 April 2014 | 3:08 pm
Rome wasn’t built in a day, and today’s money mechanics certainly didn’t come in a single treaty. Our global financial system, like any human system, is not perfect and can be outright cruel and inhumane. We have witnessed injections and bailouts for some, and austerity and social benefit cuts for the poor- that’s money mechanics. Why do the orchestrators of such a system play down or block Bitcoins’ right to exist? Former FED chairman, Alan Greenspan in December of 2013 stated, “I do not understand where the backing of Bitcoin is coming from“. Warren Buffet has referred to Bitcoin as a “mirage“. Money, as you might imagine has existed since our first human civilization. While the exact origins are […]
The post Bitcoin & Money appeared first on Bitcoin Magazine.
Posted on 15 April 2014 | 2:14 pm
In order to create a broad appeal for the concepts behind cryptocurrencies clear communication is crucial. Some of the terminology used in describing Bitcoin has been widely accepted, and taken as a given, almost unchangeable feature of cryptocurrencies. Other, more precisely codified components of the protocol can be changed as long as there is consensus around the usefulness of this change and more than 50% of the people running the Bitcoin network accept the new version. The metaphors and the corresponding terms used to describe how Bitcoin works can also be updated, or even radically changed, if we think that the change would provide value. Why would we do that? As Bitcoin becomes mainstream, or aims to do so, one of […]
The post Weaving Is A Better Metaphor for Bitcoin, Instead of Mining appeared first on Bitcoin Magazine.
Posted on 15 April 2014 | 1:54 pm
Gregor Amon used the proceeds from bitcoin's ascent into the $1,000 range to fund a new iOS dating app.
Posted on 15 April 2014 | 1:35 pm
An emergency court hearing set for tomorrow could enable the prosecuting attorneys to obtain new fact-finding abilities.
Posted on 15 April 2014 | 12:50 pm
Posted on 15 April 2014 | 12:26 pm
Weeks ago, it seemed that Dubai may have been turning into a major Bitcoin hub. An image released on various social media platforms and news sources depicted upwards of 400 Bitcoin ATMs in a warehouse, with headlines like “Dubai About to Roll Out 400 Bitcoin ATMs.” However, later that week, the UAE Department of Economic Development stated that they have not issued any Bitcoin licences thus far. But Bitcoin is still making its mark in Dubai. Early this week, the first official Bitcoin ATM made its debut in the heart of Dubai’s financial district. In conjunction, an exciting two-day event will begin on April 20. Cointalks Dubai is organized by The Online Project (TOP), and will be one of the first […]
The post Bringing Bitcoin to the Middle East – Cointalks Dubai appeared first on Bitcoin Magazine.
Posted on 15 April 2014 | 11:37 am
Mining hardware specialist CoinTerra has managed to ship its 5,000th TerraMiner just ten weeks after launching full-scale production.
Posted on 15 April 2014 | 10:33 am
Former NFL and reality TV star Chad "Ochocinco" Johnson says he's interested in bitcoin.
Posted on 15 April 2014 | 8:02 am
This post was released for Issue 19 of Bitcoin Magazine as part of a series of articles about puzzles and games that started with Issue 12. This series of puzzles and games was inspired by a talk given by the founder of the Pirate Party, Rick Falkvinge, at the European Bitcoin Conference in Prague on November 26, 2011 called ‘the fall of the gatekeepers’. A gatekeeper is a person who controls access to something, for example via a city gate. In the late 20th century the term came into metaphorical use, referring to individuals who decide whether a given message will be distributed by a mass medium. In his talk, Falkvinge maps the epic history of the people’s thirst for […]
The post The Gatekeepers appeared first on Bitcoin Magazine.
Posted on 13 April 2014 | 6:04 pm
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Posted on 1 February 2014 | 12:51 pm
Posted on 1 February 2014 | 12:05 pm
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