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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

Fred Wilson: Blockchain Applications Still Biggest Opportunity in Bitcoin - CoinDesk


Forex Magnates

Fred Wilson: Blockchain Applications Still Biggest Opportunity in Bitcoin
CoinDesk
Amidst a bearish price cycle and a wave of negative press, it's safe to say that 2015 may be yet another year filled with growing pains for bitcoin. In the face of these obstacles, however, many of its veteran supporters are standing strong and banding ...
Bitcoin Picks: KPMG on Bitcoin Disrupting Retail Banking as Coinbase Secures ...Forex Magnates

all 2 news articles »

Posted on 24 January 2015 | 7:01 pm

'The Bitcoin Forum' Bitcointalk.org goes down for the second time in a week - newsBTC


newsBTC

'The Bitcoin Forum' Bitcointalk.org goes down for the second time in a week
newsBTC
Earlier this week it was reported that bitcoin's main forum had experienced some unexpected downtime. As we've gotten accustomed to from other incidents with bitcointalk, the discussion was taken to the bitcoin subreddit where theymos, the forum's ...

Posted on 24 January 2015 | 2:48 pm

Fred Wilson: Blockchain Applications Still Biggest Opportunity in Bitcoin

CoinDesk speaks to USV principal Fred Wilson about his firm's recent investment in Coinbase and larger investment philosophy for the industry.

Posted on 24 January 2015 | 11:22 am

Review: Haasbot 2.0 Brings Automated Trading to the Next Level

CoinDesk reviews Haasbot 2.0, a sophisticated trading bot suite designed for bitcoin trading professionals.

Posted on 24 January 2015 | 10:31 am

How Bitcoin Could Shake Up B2B Payments - CoinDesk


How Bitcoin Could Shake Up B2B Payments
CoinDesk
“We only really have three suppliers who accept bitcoin,” said Brim, who tries to persuade his trading partners to use it as much as possible. “Two are based in Israel, and one in Taiwan. We purchase maybe only 2% of the Tomcar vehicle's parts from ...

Posted on 24 January 2015 | 8:07 am

Bitcoin Might Matter More Than You Think - Wall Street Journal


Benzinga

Bitcoin Might Matter More Than You Think
Wall Street Journal
one is Bitcoin and who isn't macro mode so ... well the answer such questions are answered in this new ... book the age of cryptocurrency by Michael E Spalding and Michael J Casey thank you foreign much of a month or two that are on and on like this is ...
Review: 'Age of Cryptocurrency,' bitcoin and economy, by Paul Vigna and ...Washington Post
What Is Bitcoin And How Do You Get Some?PSFK (blog)
Bitcoin Makes An Appearance At DavosBenzinga

all 7 news articles »

Posted on 24 January 2015 | 3:28 am

Bitcoin Price Technical Analysis for 23/1/2015: Increasing Highs - newsBTC


Bitcoin Price Technical Analysis for 23/1/2015: Increasing Highs
newsBTC
Bitcoin price is continuing to make higher highs which confirm the bullish momentum of the market throughout the past few days. We have been adding up the bullish signals via our daily analysis articles this week.

Posted on 23 January 2015 | 2:01 pm

Gallery: Bitcoin Industry Cuts Loose at Miami Conference

The North American Bitcoin Conference, held in Miami last week in, remains a biannual staple of the bitcoin conference calendar year.

Posted on 23 January 2015 | 12:20 pm

Bitcoin and the Digital-Currency Revolution - Wall Street Journal


Wall Street Journal

Bitcoin and the Digital-Currency Revolution
Wall Street Journal
The digital currency known as bitcoin is only six years old, and many of its critics are already declaring it dead. But such dire predictions miss a far more important point: Whether bitcoin survives or not, the technology underlying it is here to stay ...
Bitcoin is just the first app to use blockchain technologyO'Reilly Radar
Bitcoin Won't be the dominant system for Moving Money Says Bill GatesForexMinute.com
Overlook All the things You Did not Recognize About BitcoinNational Gazette
WPX News -Lifeboat Foundation (blog) -Benzinga
all 9 news articles »

Posted on 23 January 2015 | 11:03 am

How Bitcoin Compares to Fiat Currency’s House of Cards

Double standards are like mosquitoes to me: after hearing their buzz for a while, I want nothing more than to shine a flashlight their way and swat them down mercilessly. One such double standard is the harsh way in which economists and commentators criticize Bitcoin technology, while at the same time taking for granted the financial system that they live under every day. Yes, the value of Bitcoin and other cryptocurrencies is very volatile still, and the ecosystem that develops around them has been a Wild West so far. But in the six years of Bitcoin’s existence, the underlying technology—decentralized and open source in nature—has proven itself to be extremely robust and constantly evolving. Bad computer code is replaced over […]

The post How Bitcoin Compares to Fiat Currency’s House of Cards appeared first on Bitcoin Magazine.

Posted on 23 January 2015 | 10:21 am

DigitalBTC Inks Deal With Spondoolies-Tech to Expand Mining Operation

Australian bitcoin company digitalBTC is expanding its mining capacity and entering a new contract with data centre provider Verne Global. The company said it is acquiring new bitcoin mining hardware from manufacturer Spondoolies-Tech, although the exact details were not revealed. DigitalBTC did say, however, that the new hardware will expand its processing capacity by approximately 40% for […]

Posted on 23 January 2015 | 6:24 am

Payment Processor EgoPay Confirms Hack, Insider Suspected

Third-party payment processor EgoPay suffered a hack in late December, the company has confirmed in a blog post.

Posted on 23 January 2015 | 4:36 am

Winklevoss Twins Plan Regulated US Bitcoin Exchange

The Winklevoss twins have announced Gemini, a planned bitcoin exchange designed to appeal to US investors with a focus on compliance and security.

Posted on 23 January 2015 | 3:40 am

Bill Gates: Bitcoin Alone Won't Solve Global Payments Challenges - CoinDesk


CryptoCoinsNews

Bill Gates: Bitcoin Alone Won't Solve Global Payments Challenges
CoinDesk
When asked about digital currencies like bitcoin and the technology's ability to deliver cheaper global transactions, Gates said he thinks bitcoin will not be the distributed payment system used in the future, but that it holds the potential to make a ...
Bill Gates on Bitcoin: Bitcoin Alone is not Good EnoughCryptoCoinsNews
Bill Gates: 3 Criticisms of BitcoinInside Bitcoins
Bill Gates says Bitcoin not the futureStreetWise Journal

all 138 news articles »

Posted on 23 January 2015 | 2:13 am

OKCoin CEO Star Xu: Bitcoin’s Price Depends on User Growth

CoinDesk speaks to OKCoin CEO Star Xu about his leading BTC/CNY exchange's new push to promote "real bitcoin use" in China and abroad.

Posted on 22 January 2015 | 4:42 pm

Braintree Activates Bitcoin Payments for US Merchants

Merchants who use the payments software platform Braintree in the US can enable bitcoin payments through Coinbase from today.

Posted on 22 January 2015 | 11:10 am

Is Bitcoin Truly Decentralized? Yes – and Here Is Why It’s Important

Jan 22. 2015 for BitcoinMagazine.com Those within the industry understand that one of Bitcoin’s most important features—and perhaps its true core innovation—is its decentralized structure. Bitcoin has no central control: no central repository of information, no central management, and, crucially, no central point of failure. And yet, most of the actual services and businesses built within the Bitcoin ecosystem are centralized. They are run by specific people, in specific locations, with specific computer systems, and they are susceptible to specific legal entanglements. This situation creates tension and certainly a little irony—we have a decentralized technology, yet most things existing upon it are centralized. To a casual observer, and even more to a cynical one, it may appear that the claim […]

The post Is Bitcoin Truly Decentralized? Yes – and Here Is Why It’s Important appeared first on Bitcoin Magazine.

Posted on 22 January 2015 | 9:52 am

BitFury Eyes Bitcoin Mining Advantage With Immersion Cooling Acquisition

BitFury Group has signed an agreement to acquire technology cooling solutions provider Allied Control.

Posted on 22 January 2015 | 9:00 am

Payments Giant Ingenico Adds Bitcoin Option to POS Terminals

Bitcoin payments provider Paymium has partnered with one of the world's largest point-of-sale (POS) solution providers to allow European brick-and-mortar retailers to accept the digital currency. Specifically, Paymium has created an app that is being hosted on the Telium Tetra Marketplace, a payment application suite developed by Ingenico Group solely for its POS terminals. The app allows merchants to accept bitcoin […]

Posted on 22 January 2015 | 8:19 am

Ex-Rugby Star: Smart Contracts Could Prevent Legal Disputes in Sport

Self-enforcing smart contracts could prevent disputes in the sports world and ease pressure on the legal system, says a former professional player.

Posted on 22 January 2015 | 5:27 am

Bitcoin to Feature at Rakuten's First Financial Conference

Multi-billion-dollar retailer Rakuten is including a panel of bitcoin industry representatives at its first financial conference next month.

Posted on 22 January 2015 | 3:47 am

Mastercoin Seeks Second Start With Omni Reboot

Pioneering crypto 2.0 project Mastercoin has officially rebranded as Omni in a bid to solidify its messaging in the face of criticism and competition.

Posted on 21 January 2015 | 3:55 pm

BTC Media Acquires Bitcoin Magazine

January 21, 2015 FOR IMMEDIATE RELEASE Contact: Tyler Evans 256-539-6100 BTC Media Acquires Bitcoin Magazine NASHVILLE, TN—BTC Media LLC, parent company of financial technology magazine yBitcoin and its website www.ybitcoin.com, has as of January 21, 2015 completed the purchase of Bitcoin Magazine from Coin Publishing LLC. Bitcoin Magazine is the first publication devoted exclusively to Bitcoin, the digital currency that burst onto the international economic scene as open source software in 2009. Magazine founders Mihai Alisie and Vitalik Buterin published their first issue in May, 2012 and later joined forces with Orlando, Florida-based Coin Publishing LLC to produce 22 issues. The magazine is mailed to subscribers worldwide, sold at Barnes & Noble bookstores and published online at www.bitcoinmagazine.com. BTC Media […]

The post BTC Media Acquires Bitcoin Magazine appeared first on Bitcoin Magazine.

Posted on 21 January 2015 | 11:00 am

PayPal Speaker Series Examines Good and Bad of Bitcoin

PayPal's Techxploration event is a monthly meetup held by the payments company. This month, bitcoin was its focus.

Posted on 21 January 2015 | 10:20 am

Bitspark Rolls Out Remittance Service to Indonesia

Bitspark has rolled out its second bitcoin-powered remittance service in a month, catering this time to Indonesian workers in Hong Kong.

Posted on 21 January 2015 | 6:00 am

How One Startup Will Use Blockchain Tech to Disrupt Online Gaming

A Chinese startup called Play claims it can disrupt the incumbent online gaming industry by placing games' logic on a blockchain.

Posted on 21 January 2015 | 2:51 am

Bitcoin Magazine Joins the Growing BTC Media Family

Bitcoin Magazine Is Better than Ever! Bitcoin Magazine is the oldest surviving media outlet in the cryptocurrency industry, dating back to its launch in 2012 (eons ago in Bitcoin time). Bitcoin Magazine has been there covering the highs and lows of the Bitcoin revolution, and to many of us it provided our first exposure to the future of money. More than anything, Bitcoin Magazine has been a resource and voice for the Bitcoin community at large–representing the most diverse groups of individuals in commerce today. However, as Bitcoin has grown from a nascent technology to a financial juggernaut, the magazine has faced challenges scaling itself to the ever-increasing needs of its core community, not to mention its expanding rings of […]

The post Bitcoin Magazine Joins the Growing BTC Media Family appeared first on Bitcoin Magazine.

Posted on 15 January 2015 | 11:41 am

Last Issues of Original Bitcoin Magazine on Sale Now!

Check out the Bitcoin Magazine Store, where you’ll find special values on single and bundled back issues of the authentic voice of the cryptocurrency community. Take advantage of the last remaining artifacts of the original Bitcoin Magazine–offering you a limited-time opportunity to complete your magazine collection and own a piece of Bitcoin history. As a gift to the Bitcoin community, we’ve also made all past issues available for download as DRM-free, pay-what-you-want PDFs.

The post Last Issues of Original Bitcoin Magazine on Sale Now! appeared first on Bitcoin Magazine.

Posted on 15 January 2015 | 11:39 am

What is Bitcoin?

Bitcoin has taken the world by storm. Yet when most people hear about it, whether for the first or the tenth time, they have one simple question: “What is it?” Like an automobile, Bitcoin is very technically advanced, and it can be extremely complicated, depending on how much you want to know about it. But also like an automobile, you don’t actually need to know much about Bitcoin’s technical details in order to use it—and in order for it to change the way you look at the world. Here’s what you need to know. Generally speaking, Bitcoin is two things: A payment network (“Bitcoin”); The currency unit used on that network (“bitcoins”). Thus, as both a payment network and the […]

The post What is Bitcoin? appeared first on Bitcoin Magazine.

Posted on 15 January 2015 | 11:27 am

Why Bitcoin Has Value

We all have what feels like an intrinsic understanding of value, though it is actually learned as we come to know our world. A gold bar has value, an empty soda can, not so much. When we encounter new things it’s usually fairly easy to assess what kind of value they might hold, but Bitcoin is a different beast. Bitcoin is harder to define and understand, and for many beginning Bitcoiners the question of value is one of the most puzzling. So why does Bitcoin have value? To begin, we really need to understand why anything has value. Fans of post-apocalyptic fiction will often point out that in the end, the only things of real value are those that sustain […]

The post Why Bitcoin Has Value appeared first on Bitcoin Magazine.

Posted on 15 January 2015 | 11:22 am

Tatiana Talks with Trace Mayer about Money 20/20, Armory, and his podcast!

I had the opportunity to sit down at Premier Studios with  Trace Mayer as he got ready to attend this year’s Money 20/20 conference.  Join us as Trace Mayer discusses the CEO panel of Bitcoin companies for Money 20/20, Bitcoin security, Bitcoin for beginners, investments in Bitcoin and much more!  This is one interview you will not want to miss!     For more info: Trace Mayer www.bitcoin.kn www.freebitcoinguide.com

The post Tatiana Talks with Trace Mayer about Money 20/20, Armory, and his podcast! appeared first on Bitcoin Magazine.

Posted on 14 January 2015 | 6:12 pm

Major Magazine Publisher to Accept Bitcoin Payments

Posted on 18 December 2014 | 12:43 pm

Microsoft accepts Bitcoin

Posted on 11 December 2014 | 5:06 am

Mozilla accepting Bitcoin

Posted on 20 November 2014 | 1:55 pm

PayPal and Virtual Currency

Posted on 23 September 2014 | 9:52 pm

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 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

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

January 24, 2015 -
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