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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

New Bitcoin Exchange Says Australia is Ideal Location

New Australian exchange Independent Reserve says its regulatory compliance and stable location will appeal to customers seeking security.

Posted on 21 October 2014 | 7:55 pm

New York State's Bitcoin Laws Could Ruin Everything Good About Bitcoin - Betabeat


CryptoCoinsNews

New York State's Bitcoin Laws Could Ruin Everything Good About Bitcoin
Betabeat
Bitcoin advocates have spent the past few years trying to sell cryptocurrency to the skeptical mainstream, who tend to be scared that bitcoin is an untrustworthy mirage fit only for drug dealers and criminals. But now that there laws are in the works ...
Bitcoin Giants BitPay and Circle Comment On New York's BitLicenseCryptoCoinsNews
Major privacy group warns New York against Bitcoin law overreachFusion
Bitcoin News Mash-Up: Bitnet Receives $14.5m; BitPay Letter to NYDFS; and MoreForexMinute.com
CoinDesk -CoinTelegraph -EFF
all 12 news articles »

Posted on 21 October 2014 | 5:54 pm

Bitcoin Price Collusion Powerless Against Uptrend, Adoption To Surge During ... - CryptoCoinsNews


CryptoCoinsNews

Bitcoin Price Collusion Powerless Against Uptrend, Adoption To Surge During ...
CryptoCoinsNews
China stocks Bitcoin Price has held steady despite apparently coordinated efforts to pull price back into decline. We look at the outcome of an uptick in growth in the Chinese Economy, as well as the coming surge in Bitcoin adoption to be precipitated ...

Posted on 21 October 2014 | 5:50 pm

Technology Retailer CeX Now Accepts Bitcoin at All UK Locations - CoinDesk


Telegraph.co.uk

Technology Retailer CeX Now Accepts Bitcoin at All UK Locations
CoinDesk
The move follows a trial run at its Glasgow location, where a bitcoin ATM was installed and the store leadership conducted a temporary bitcoin-only payments initiative. In April, CeX began accepting and paying for consumer goods in bitcoin through its ...
CeX to adopt Bitcoin across the UKTelegraph.co.uk

all 2 news articles »

Posted on 21 October 2014 | 5:23 pm

Technology Retailer CeX Now Accepts Bitcoin at All UK Locations

Technology retailer CeX announced that it will accept bitcoin at all 30 of its UK locations.

Posted on 21 October 2014 | 5:01 pm

Why 20 Bitcoin Companies Are Backing a New Deal for Digital Identity - CoinDesk


Why 20 Bitcoin Companies Are Backing a New Deal for Digital Identity
CoinDesk
Jaron Lukasiewicz, CEO of New York-based, B2B-focused bitcoin exchange Coinsetter, suggested that the high costs of establishing and verifying identity is one of the core reasons existing financial products struggle to gain a foothold in emerging markets.

Posted on 21 October 2014 | 2:07 pm

Why 20 Bitcoin Companies Are Backing a New Deal for Digital Identity

Twenty bitcoin businesses have announced support for The Windhover Principles, which aim to reframe the debate around privacy and security.

Posted on 21 October 2014 | 1:25 pm

Why Bitcoin Needs an ISO-Certified Currency Code - CoinDesk


Why Bitcoin Needs an ISO-Certified Currency Code
CoinDesk
Instantly, bitcoin as XBT will be available as a selectable clearing and settlement unit for any business that chooses to offer and implement bitcoin. Of course, designing and managing the necessary settlement and hedging mechanisms will be a different ...

Posted on 21 October 2014 | 12:03 pm

Coinbase Co-Founder Tours Europe in International Expansion Bid

Coinbase is pushing its European expansion forward, with co-founder Brian Armstrong talking up its API and merchant sign-up process.

Posted on 21 October 2014 | 11:35 am

[Live Video Stream] SF Bitcoin meetup at Geekdom

On Tuesday October 28, Bitcoin Magazine and Amagi Metals present the live stream of the San Francisco Bitcoin Meetup at Geekdom. This event hosts two speakers working in the crypto field, followed by a series of 1-minute lightning talks. The main talks will start at 7:30pm (about 15 minutes per speaker) and will be followed by a set of 10 lightning talks. Featuring: Michael Dunworth of snapCard on Merchant adoption: How everyone helps make it happen Paul Puey of Airbitz on Bitcoin Wallets: Balancing Security, Privacy, and Ease of Use Share and bookmark this post! The live stream will be embedded here, on or before October 28.

Posted on 21 October 2014 | 11:07 am

Bitcoin Miner Ditches Clients to Chase $2 Billion Coding Prize - Bloomberg


Bloomberg

Bitcoin Miner Ditches Clients to Chase $2 Billion Coding Prize
Bloomberg
After bitcoin's price collapsed from a high of more than $1,000 to lows of around $300 earlier this month, customers once eager to mine the digital currency have started to ask for their money back, according to KnC co-founder Sam Cole. Yet the ...
KnCMiner Ditches Customers in Favor of Mining Bitcoin and Litecoin for ...CryptoCoinsNews
Swedish Bitcoin miner kicks out clients -- KnCMiner expands alternative ...The Swedish Wire
KnCMiner Stops Sales of Equipment, Mining For Themselves InsteadnewsBTC

all 5 news articles »

Posted on 21 October 2014 | 10:23 am

Why Bitcoin Needs an ISO-Certified Currency Code

The nomenclature of bitcoin and its subunits plays an important role in evolving standards for more mainstream adoption.

Posted on 21 October 2014 | 9:45 am

Bitcoin is Not Backed by Anything (And That’s OK!)

Whenever you hear, “That currency is not backed by anything!,” it’s almost always meant as criticism. Hard-money enthusiasts are quick to point out the horrible track record of fiat currency. Nearly without fail, currencies “backed by nothing” get heavily devalued through inflation, and they often collapse within decades. The best solution, so far, has been to tie currency to a commodity whose supply can not be arbitrarily inflated by governments or central banks, or to use that commodity directly as a currency. Gold and silver have served this purpose best, and they have been used successfully for millennia. Backing any currency in precious metals restrains the possibility for inflation. But, when we look deeper, the connection between being “unbacked” and […]

Posted on 21 October 2014 | 7:53 am

Press Release: Polish company first in the world to sell shares for Bitcoins

A Polish company, InPay S.A., is the first in the world whose shares are available for purchase in public offering using the digital currency Bitcoin. The sale has just launched on the equity crowdfunding site Beesfund.com. Equity crowdfunding is simply raising capital thanks to the online community. Unlike the reward-based crowdfunding, made popular by sites such as Kickstarter, Indiegogo or RocketHub, in equity crowdfunding people who are involved in financing the company receive personal shares. Examples of sites which enable this type of capital acquisition include the American websites EquityNet and Fundable or the British Crowdcube. Thanks to these services companies have raised over 300 million dollars in total. But up till now none of the leading platforms had enabled […]

Posted on 21 October 2014 | 7:52 am

Press Release: Seedcoin and startups BTC.sx, BitcoinATM360, bitSIM, CoinSimple, meXBT share exciting news this Fall!

Seedcoin and startups BTC.sx, BitcoinATM360, bitSIM, CoinSimple, meXBT share exciting news this Fall! Hong Kong – October 21, 2014 – Continuing their steady pace in launching innovative products and being involved at the forefront of the bitcoin industry, Seedcoin and its startups BTC.sx, BitcoinATM360, bitSIM, CoinSimple and meXBT have exciting news to share during the Autumn months. BTC.sx: The world’s first and exclusive platform for trading Bitcoin-only trading, BTC.sx sponsored the Inside Bitcoins London conference (Sept 15-16) alongside Seedcoin recently. The company has since launched a revenue sharing referrals scheme, allowing customers who recommend their friends to earn 20% of BTC.sx’s revenue from traders they have referred. Further expanding its global presence, BTC.sx announced yesterday it has integrated its trading […]

Posted on 21 October 2014 | 7:44 am

Music Industry Pioneers Premier Studios NY 1st to Accept Bitcoin & Offer Training in Music

New York, NY (PRWEB) October 21, 2014 Today, New York City-based recording studio, announced that it is changing the music industry by offering the first in-studio music seminars, and by announcing its acceptance of the controversial digital currency ‘bitcoin.’ Premier Studios serves the industry elite, is aimed at working with students, or others interested in pursuing a career in music production. In another pioneering move, Premier Studios announced the launch of their much-anticipated, intensive preparatory seminars. Individual ones range from $200-$400 and are being accepted now. If you accumulate approximately 15 seminars at a total cost of $5,000 (seminars are paid for when they are taken so you do not have to pay the $5,000 in 1 lump sum) you […]

Posted on 21 October 2014 | 7:29 am

MIT computer scientists can predict the price of Bitcoin - MIT News


Inside Bitcoins

MIT computer scientists can predict the price of Bitcoin
MIT News
A researcher at MIT's Computer Science and Artificial Intelligence Laboratory and the Laboratory for Information and Decision Systems recently developed a machine-learning algorithm that can predict the price of the infamously volatile cryptocurrency ...
Predicting the Price of Bitcoin: MIT Team Develops Algorithm That Generates 89 ...Inside Bitcoins
Want to know when to sell Bitcoins? MIT researchers can predict pricesVentureBeat

all 4 news articles »

Posted on 21 October 2014 | 7:05 am

BitLicense Comment Period Closes with Final Input from Circle, BitPay

Bitcoin companies Circle and BitPay have submitted the final comments on New York's BitLicense proposals – for now.

Posted on 21 October 2014 | 6:56 am

Why 2016 Will Be The Year of Bitcoin 2.0 - CryptoCoinsNews


CryptoCoinsNews

Why 2016 Will Be The Year of Bitcoin 2.0
CryptoCoinsNews
2016 There are many reasons for optimism for Bitcoin owners and enthusiasts. Bitcoin is starting to gain a steady flow of mainstream acceptance (See corporations like The United Way, Dell Computers and ESPN integrating Bitcoin into their business ...
Lessons From The Failure Of Bitcoin TraderNASDAQ
The Collapse of MintPal and Bitcoin Trader: Better the Devil You KnowInside Bitcoins
Bitcoin Shop Successfully Mints BitcoinsCNNMoney

all 7 news articles »

Posted on 21 October 2014 | 6:45 am

Coinbase CEO Brian Armstrong Shares His Vision For The Future Of Bitcoin - TechCrunch (blog)


TechCrunch (blog)

Coinbase CEO Brian Armstrong Shares His Vision For The Future Of Bitcoin
TechCrunch (blog)
Right after opening its doors to Europe, Coinbase co-founder and CEO Brian Armstrong joined Alex Wilhelm on stage today at TechCrunch Disrupt Europe to discuss the future of bitcoin. The conversation covered everything happening right now around ...
Convincing banks about Bitcoin is 'challenging'Telegraph.co.uk
Bitcoin Goes up and downFXstreet.com
Bitcoin: Uptrend LoomsInvesting.com
Resource Investor -The Market Oracle
all 10 news articles »

Posted on 21 October 2014 | 3:53 am

Bitcoin… We Are All The Blockchain

Bitcoin… we are all the blockchain Since the first great jump in Bitcoin’s exchange rate in early April 2013, speculative trade has stolen the limelight as the main Bitcoin story. Tweets of “To the moon!” echo like a rallying cry, selling what amounts to a collective vision statement. But what’s the vision? A respected VC assures us it’s “still headed to 10k” as if Bitcoin was a prize thoroughbred being written down by the Bookies, but still had a few Derbies left in her… Is that all this is about? Whatever one feels about the ‘profiteer mentality’ so evident across the Bitcoin movement, it is clear that without this driver, this long overdue financial systems innovation may not have taken […]

Posted on 20 October 2014 | 12:14 pm

Asia's Largest Business Forum Shines Spotlight on Bitcoin - CoinDesk


CoinDesk

Asia's Largest Business Forum Shines Spotlight on Bitcoin
CoinDesk
A panel discussion and question-and-answer session devoted to bitcoin were included for the first time on the event's final day, organized in part by local company Coinplug and Professor Peter In, the Associate Dean of Korea University's Graduate ...

Posted on 20 October 2014 | 10:53 am

DigitalBTC Downplays Negative Cashflow in Q3 Report

DigitalBTC has announced operational losses in its third quarter report, but maintains its performance is "robust".

Posted on 20 October 2014 | 10:11 am

Asia's Largest Business Forum Shines Spotlight on Bitcoin

Bitcoin left its mark during panels at the World Knowledge Forum and Korea University's Bitcoin Expo in Seoul.

Posted on 20 October 2014 | 8:19 am

Bitnet Lands $14.5 Million Series A Funding to Rival Coinbase, BitPay

Bitnet is targeting large companies with its enterprise bitcoin payments solution and one retail giant is already on board.

Posted on 20 October 2014 | 6:29 am

Bitcoin Derivatives Platform BTC.sx Partners With Asian Exchange itBit

Derivatives platform BTC.sx is now offering its BTC/USD currency pair to users on itBit's bitcoin exchange platform.

Posted on 20 October 2014 | 5:00 am

BTC China Adds Mining Pool and Merchant Payment Services

BTC China has expanded its range of services to include a mining pool and payment processing for merchants.

Posted on 20 October 2014 | 2:14 am

Gems Bitcoin App Lets Users Earn Money From Social Messaging

Gems is seeking to disrupt the established social media business model through the power of crypto 2.0 technology.

Posted on 19 October 2014 | 1:20 pm

Why Bitcoin's Core Developers Want Multiple Versions

Bitcoin's development process isn't democratic, says its lead developer, but more options may benefit the Bitcoin Core.

Posted on 19 October 2014 | 10:26 am

Wikimedia Foundation Now Accepts Bitcoin

Posted on 30 July 2014 | 3:14 pm

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 Core version 0.9.1 released

Posted on 8 April 2014 | 4:27 pm

Bitcoin taxfree in Denmark

Posted on 25 March 2014 | 5:46 pm

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

October 22, 2014 -
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