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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

Tim Draper Leads CrowdCurity’s $1 Million Seed Funding

CrowdCurity has raised $1 million in a round of seed funding led by Tim Draper and Kima Ventures.

Posted on 28 July 2014 | 4:10 pm

Atlas ATS Expands Institutional Bitcoin Exchange to European Market

Atlas ATS has expanded its global bitcoin exchange operation to Europe with a new local partnership in Spain.

Posted on 28 July 2014 | 12:20 pm

Moolah Acquires Troubled Altcoin Exchange MintPal

Digital currency services provider Moopay has purchased MintPal in an acquisition that will take place gradually through August.

Posted on 28 July 2014 | 11:40 am

SWIFT Institute Offers €15,000 for Bitcoin Research Project

The SWIFT Institute is launching a research programme on cryptocurrencies, with a €15,000 grant for the winning proposal.

Posted on 28 July 2014 | 10:56 am

BTC China Upgrades Mobile App with New Trading Pairs, Live Charts

BTC China has upgraded its Mobile Exchange app with direct bitcoin-to-litecoin trading and live data for itchy-fingered traders.

Posted on 28 July 2014 | 10:10 am

Bitcoin? There's an ATM for that - Chicago Tribune


Bloomberg

Bitcoin? There's an ATM for that
Chicago Tribune
“You put your dollars in the machine and get bitcoin, or your put your bitcoin in and get dollars back,” Flores said. “Let's say (customers) come in and their bill is $40 and they only have $20 worth of bitcoin in their account – they can just go to ...
Gold Bugs Meet Bitcoin Believers to Supplant the DollarBloomberg
Bitcoin Looks for Foothold in Gambling IndustryGuardian Liberty Voice
Bitcoin ATM Startup Hoping to Plant Its Flag in DallasDallas Observer (blog)
CoinDesk -azcentral.com
all 46 news articles »

Posted on 28 July 2014 | 9:30 am

Multisig: A Revolution Incomplete

The author is involved in the Ethereum project. The author has no relationship with BitGo, Bitrated, Codius or CryptoCorp. Update: Ben Davenport from Bitgo has replied, saying that they already have an API to support use their service as a pure CryptoCorp-like oracle and soon intend to provide a browser extension. I commend them for their rapid response and dedication to sound security practices. After several years of improving infrastructure and technology, it seems like multisignature wallet technologies are finally making a headway in the Bitcoin world. Greenaddress.it and BitGo have emerged as primary contenders in the space, and the latter has recently raised $12 million in venture capital funding and boasts that it stores over $100 million in BTC. […]

The post Multisig: A Revolution Incomplete appeared first on Bitcoin Magazine.

Posted on 28 July 2014 | 9:10 am

Bitcoin Price Speculation – Lessons Learned From Trading Stocks - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price Speculation – Lessons Learned From Trading Stocks
CryptoCoinsNews
bitcoin price speculation Bitcoin price prediction and chart analysis are among the most popular topics on Bitcoin. That's okay, nothing wrong with a little speculation. But there's a lot more to making a profit than 'reading the charts' and following ...
Igot's Future Trades Set to Safeguard Customers from Bitcoin VolatilityPayment Week

all 3 news articles »

Posted on 28 July 2014 | 9:07 am

Apple welcomes back top Bitcoin wallet app - CNNMoney


CNNMoney

Apple welcomes back top Bitcoin wallet app
CNNMoney
But Apple (AAPL, Tech30) recently reversed its antagonistic stance toward Bitcoin and has started to allow a few Bitcoin wallet apps to trickle back in. On Saturday, Apple notified Blockchain.info it could return. The British startup republished its ...
Blockchain's Bitcoin App Reinstated in Apple's App StoreWall Street Journal (blog)
Apple Allows the World's Most Popular Bitcoin Wallet Back Into Its StoreWired
Blockchain Bitcoin Wallet Is Back In The Apple App StoreTechCrunch
CoinDesk -Bloomberg -BuzzFeed
all 27 news articles »

Posted on 28 July 2014 | 8:47 am

CoinTerra Acquires Bitcoin Software Developer Bits of Proof

Bitcoin mining hardware firm CoinTerra has announced the acquisition of enterprise software company Bits of Proof.

Posted on 28 July 2014 | 7:56 am

Blockchain Returns to Apple iOS with New Bitcoin Wallet

Blockchain returns to the App Store with a totally rewritten wallet app for users of Apple's iPhone and iPad.

Posted on 28 July 2014 | 7:30 am

Bitcoin: The difference in Attitude is Education

This is a guest post by Naomi Brockwell. The media tends to focus on doom-and-gloom stories, because sensationalist headlines attract larger audiences. However, when journalists go so far as to misrepresent facts and sway the public in one direction or another, these stories can be dangerous. This is especially true when talking about a new technology that has the potential to change lives for the better. Public opinion can mean the difference between this potential being realised, or crushed completely. That is the situation with Bitcoin. The media frequently talks about Bitcoin now, but often misrepresents the facts. Coverage tends to focus on the negatives. Stories about money laundering, drug trading, exploded exchanges, and price crashes predominate. The coverage rarely […]

The post Bitcoin: The difference in Attitude is Education appeared first on Bitcoin Magazine.

Posted on 28 July 2014 | 7:00 am

The Truth About Bitcoin – Dispelling Common Myths About The Digital Currency - Bitcoin Magazine


The Truth About Bitcoin – Dispelling Common Myths About The Digital Currency
Bitcoin Magazine
Bitcoin has become frequently talked about in the financial media. Despite this the general public is still relatively under informed when it comes to this digital currency. In a January 2014 poll it was found that only 25% of US adults were familiar ...

Posted on 28 July 2014 | 5:25 am

The Truth About Bitcoin – Dispelling Common Myths About The Digital Currency

Bitcoin has become frequently talked about in the financial media. Despite this the general public is still relatively under informed when it comes to this digital currency. In a January 2014 poll it was found that only 25% of US adults were familiar with Bitcoin. This means that there is still significant room to educate the general public about the advantages of using a peer-to-peer digital currency. To address some of those knowledge gaps here are some of the most common myths about Bitcoin as well some of its key benefits. Myth #1: Bitcoin is no different to any other digital currency There have been many other digital currencies in the past, including Beenz, Liberty Dollars and eGold. However these […]

The post The Truth About Bitcoin – Dispelling Common Myths About The Digital Currency appeared first on Bitcoin Magazine.

Posted on 28 July 2014 | 5:22 am

Advertise with Anonymous Ads

UltraCoin 101

For the first time ever in human history, we can create unforgeable documents. This is thanks to the Blockchain. The Blockchain is a peer-to-peer ledger, owned by nobody, that creates and records all digital currency transactions using mathematics. The blockchain uses the computing power of the global public to solve these cryptographic problems that confirm transactions made using a digital currency such as bitcoin. The blockchain also stores aspects of each transaction made using the currency;  small transactions can be made in which any information is permanently stored; forever. Promises can be made and enshrined on the blockchain. This new form of promise, however, is different than the often broken ones we as humans are accustomed to. They will never […]

The post UltraCoin 101 appeared first on Bitcoin Magazine.

Posted on 28 July 2014 | 5:16 am

California Lawyer is Latest Congressional Candidate to Accept Bitcoin

Christina Gagnier, a Californian tech lawyer and business owner, is the latest congressional candidate to accept bitcoin donations.

Posted on 28 July 2014 | 4:22 am

Bitcoin Price Analysis – $590 Support Under Attack - CryptoCoinsNews


newsBTC

Bitcoin Price Analysis – $590 Support Under Attack
CryptoCoinsNews
Bitcoin price decline is on the cards again and, with it, the question: “Where will it end?” A week ago, the market-wide sense had been that a consolidation similar to late-May's pre-launch contraction was developing – only to shatter at the last moment.
Bitcoin Price Slumps Slightly Following Short Period of StabilitynewsBTC

all 2 news articles »

Posted on 27 July 2014 | 11:47 pm

CoinDesk Mining Roundup: Miner Meetups and Pool Pressures

This week, a Las Vegas mining convention is set for October and reports say BTC Guild could cease operations.

Posted on 27 July 2014 | 2:45 pm

$46k Spent on Bitcoin Mining Hardware: The Final Reckoning

Dario Di Pardo spent $46k on bitcoin mining hardware. Which companies came good on their promises?

Posted on 27 July 2014 | 9:55 am

Why Timothy Coles is Selling His $2 Million Gold Mine for Bitcoin - CoinDesk


Why Timothy Coles is Selling His $2 Million Gold Mine for Bitcoin
CoinDesk
He added that although he currently owns no bitcoin, he sees a future in it should the BitPremier sale succeed. While he has no active plans to invest were he to enter the market, Coles expressed an openness to invest in the broader bitcoin industry ...

Posted on 27 July 2014 | 5:49 am

Why Timothy Coles is Selling His $2 Million Gold Mine for Bitcoin

Timothy Coles, a 35-year gold mining veteran, tells CoinDesk why he is selling his Yukon interests for 3,200 BTC.

Posted on 27 July 2014 | 5:30 am

Dear John: Once again — Bitcoin is a joke - New York Post


Dear John: Once again — Bitcoin is a joke
New York Post
I recently read the Dear John column about bitcoin and I have to say that you are someone who I think — if you spent some time understanding it — would see the value. Forget bitcoin as a currency for a second — wipe that idea out of your brain. The ...

Posted on 26 July 2014 | 5:11 pm

The Case for Merging Mexico’s Peso With Block Chain Technology

In Mexico, a team of bitcoin enthusiasts are developing plans for a digital peso.

Posted on 26 July 2014 | 12:00 pm

Bitcoin Shop CEO: We Plan to Be a Universal Bitcoin Solution

CoinDesk speaks to CEO Charles Allen to debunk misconceptions about the company and its goals in the bitcoin space.

Posted on 26 July 2014 | 7:20 am

7 Dumb (and Visionary) Things People Said About the Internet

CoinDesk looks back at the most notable utterances about the Internet that could have relevance for bitcoin today.

Posted on 26 July 2014 | 4:25 am

Huobi: Regulated US Bitcoin Market Key to Our Expansion

CoinDesk sits down with Huobi's Wendy Wang to talk about the exchange's international ambitions.

Posted on 25 July 2014 | 3:36 pm

Kanye West Sues Coinye Altcoin into Oblivion

A lawsuit filed by Chicago rapper Kanye West against the developers behind Coinye West has concluded.

Posted on 25 July 2014 | 12:25 pm

Celery Launches Consumer-Friendly Bitcoin and Dogecoin Buying Service

Trading platform provider BTX Trader has officially launched its bitcoin and dogecoin buying product, Celery.

Posted on 25 July 2014 | 11:10 am

Ripple Labs CTO Designs Smart Contracts

Stefan Thomas is one of the more talented and respected developers in the space. An old hat at this young technology, he has been making waves as the CTO of Ripple labs. In a recent effort he has set his sights on smart contracts technology. The designs and implementation he and his team have come up with are interesting, to say the least. In a white paper entitled Smart Oracles, we see described a novel, simple, and flexible approach to smart contracts. In such a system, rules can be written in any programming language, and contracts can interact with any service that accepts cryptographically signed commands. The paper also includes an implementation of smart oracles, called Codius (based on the […]

The post Ripple Labs CTO Designs Smart Contracts appeared first on Bitcoin Magazine.

Posted on 25 July 2014 | 10:02 am

The BlueCoin Phenomenon

BlueCoin is very serious about their chosen theme. Taking cue from the cultural antics of the Dogecoin community, the founders of BlueCoin have been trying to give it something of a personality. They announced an official BlueCoin afterparty to the North American Bitcoin Conference on BitcoinTalk with a blue-tinted model, and others dressed in BlueCoin superhero-esque outfits were there to amuse guests. So what’s it all about? BlueCoin has nothing to do with colored coins, the Bitcoin 2.0 application. Like RedCoin, BlackCoin, WhiteCoin, YellowCoin and others, BlueCoin is another alternative cryptocurrency that backers claim is superior to Bitcoin, and hope will come to supplant it. A new block is generated every minute, yielding faster transaction confirmations, and the mining difficulty adjusts each […]

The post The BlueCoin Phenomenon appeared first on Bitcoin Magazine.

Posted on 25 July 2014 | 10:00 am

Bitcoin and Marx’s Theory of History

This article first appeared on page 26 of Issue 21. You probably don’t think about Marxism when you think about Bitcoin. To most people, Marx is known as the guy who didn’t like private property and capitalism in general. Bitcoin, a cryptocurrency with the ability to encourage markets by breaking down the worldwide barriers created by multiple national currencies, doesn’t seem like it has much to do with him. You would probably think that Marx wouldn’t like Bitcoin. But I don’t think so. I believe if Marx were around today he would see Bitcoin as an excellent example of his Theory of History in action; a global system, with roots in the crisis’ of capitalism, that will bring the world […]

The post Bitcoin and Marx’s Theory of History appeared first on Bitcoin Magazine.

Posted on 25 July 2014 | 9:49 am

#OffTheCouch: Award-winning Film Could Bring Bitcoin to 1,000 High Schools

The Corporation Film’s Crypto Challenge from Hello Cool World on Vimeo. For its 10th year anniversary, “The Corporation” is raising money for a re-release shown to 1,000 schools across North America. Their original fiat campaign closed at $30,000, and they’re hoping for a match from the cryptocurrency community. Campaign creator Kat Dodds is making this a race to the top for a special thanks section of the film that will feature the logos of the contributing cryptocurrencies. Students across 1,000 schools will receive a free lesson in corporate literacy and be exposed to Bitcoin for the first time. The updated version of the film will feature Bitcoin’s logo and explain to the audience how the film was able to get […]

The post #OffTheCouch: Award-winning Film Could Bring Bitcoin to 1,000 High Schools appeared first on Bitcoin Magazine.

Posted on 25 July 2014 | 9:34 am

AirBaltic Waives Controversial Bitcoin Transaction Fee

Following criticism, Latvian airline AirBaltic has done away with its €5.99 charge for flights purchased with bitcoin.

Posted on 25 July 2014 | 7:48 am

OKCoin Denies Manipulating Bitcoin Trading Volumes

The exchange says strange movements in volume statistics stem from price stagnation and its switch to a new domain.

Posted on 25 July 2014 | 6:09 am

German Newspaper "taz" accepts Bitcoin

Posted on 22 July 2014 | 1:32 pm

airBaltic - World’s First Airline To Accept Bitcoin

Posted on 22 July 2014 | 11:03 am

Expedia to accept Bitcoin payments for hotel bookings

Posted on 12 June 2014 | 12:41 pm

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

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

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

‘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

July 28, 2014 -
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