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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

Experts to CNBC: USD, Not BTC, is the Future Digital Currency

Experts recently told CNBC that the dollar, not bitcoin, is the future of digital currency.

Posted on 24 April 2014 | 1:50 pm

Cleveland Heights merchants banking on Bitcoin Boulevard to draw global ... - The Plain Dealer


Cleveland Heights merchants banking on Bitcoin Boulevard to draw global ...
The Plain Dealer
Lisa Dunn, standing in her Revive fair trade apparel, jewelry and gift shop, is among the Cleveland Heights businesses who will accept bitcoin payments as part of a community-wide creation of the world's second Bitcoin Boulevard US starting May 1.

Posted on 24 April 2014 | 1:21 pm

GoCoin’s Steve Beauregard Talks Altcoins, Asia and Merchant Adoption

GoCoin CEO Steve Beauregard makes the business case for altcoins in a new interview with CoinDesk.

Posted on 24 April 2014 | 11:00 am

Dorian Nakamoto Thanks The Bitcoin Community, Reminds Us He's Not The ... - TechCrunch


The Guardian

Dorian Nakamoto Thanks The Bitcoin Community, Reminds Us He's Not The ...
TechCrunch
The alleged “face of Bitcoin,” Dorian Satoshi Nakamoto, has taken to YouTube with noted Bitcoin activist, Andreas Antonopoulos, to thank the Bitcoin community for sending him over $20,000 in BTC donations. “If I was the real creator, I would never use ...
Dorian Nakamoto thanks users for $23k donation, denies being Bitcoin creatorPCWorld
Man named in Newsweek's bitcoin 'scoop' thanks supportersThe Guardian
Dorian Satoshi Nakamoto thanks bitcoin community: 'I want to hug you'Los Angeles Times
Washington Post (blog) -RT -ABC News (blog)
all 59 news articles »

Posted on 24 April 2014 | 10:39 am

Xapo Now Offers The First Credit Card Linked To Your Bitcoin Wallet - TechCrunch


Ubergizmo

Xapo Now Offers The First Credit Card Linked To Your Bitcoin Wallet
TechCrunch
Bitcoin vault Xapo made news in March after launching an insured, secure repository for big BTC investors. The service, which has gone so far as to bury paper bitcoin keys in underground vaults, has become a big finance darling. Now it's going after ...
Updated: A debit card for bitcoin: Xapo could solve the payment problem with ...GigaOM
First Bitcoin Vaults, Now Xapo Debuts Debit CardsWall Street Journal (blog)
The World's First Bitcoin Debit Card Is Almost HereWired
MarketWatch (blog) -CoinDesk -Ubergizmo
all 12 news articles »

Posted on 24 April 2014 | 10:39 am

BitSat Verification: Bitcoin's Giant Leap into Orbit - Discovery News


BitSat Verification: Bitcoin's Giant Leap into Orbit
Discovery News
In a joint venture between Dunvegan Space Systems and Deep Space Industries Inc., the aim is to add an extra verification layer to bitcoin by creating a system of orbital hubs called BitSats. These small satellites, which can either be free-flying or ...

Posted on 24 April 2014 | 10:20 am

Xapo Launches Bitcoin Debit Card Accepted at All MasterCard Locations

Xapo claims its card is the first to allow bitcoin users similar spending freedoms to traditional debit cards.

Posted on 24 April 2014 | 9:00 am

Bitcoin Wannabe Litecoin Emerges as Low-Price Challenger - Bloomberg


Bitcoin Wannabe Litecoin Emerges as Low-Price Challenger
Bloomberg
Merchants and investors are taking notice of litecoin, which is pitched by its developers as cheaper to generate, more plentiful and easier to use for small transactions than bitcoin. While prices for both have slid since a surge late last year ...

and more »

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 ...
Here's Why Bitcoin Could Disrupt The Entrenched Payments IndustryBusiness Insider

all 5 news articles »

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 ...
Mt. Gox crumbles into liquidation, throws Bitcoin legitimacy into questionVentureBeat
Bankrupt Bitcoin bunker blender begins: MtGox admin starts liquefactionRegister
Bankruptcy proceedings begin for Mt. Gox bitcoin exchangeCTV News

all 94 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 better than any form of money that has ever existed before' - RT (blog)


RT (blog)

​'Bitcoin better than any form of money that has ever existed before'
RT (blog)
Bitcoin is shaping up to be the currency of the future, enabling people to send and receive money anywhere in the world free of charge in a currency that govts are unable to control, Roger Ver, bitcoin investor and the CEO of Memory Dealers told to RT.
Is Bitcoin A Safe Bet? A Quick Guide To CryptocurrencyForbes
Kander Cautions Missouri Investors on BitcoinOzarksFirst.com
Kander Issues Investor Alert on BitcoinCBS Local
The Globe and Mail -Load The Game -Vancouver Sun
all 26 news articles »

Posted on 24 April 2014 | 3:57 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.
Is Space the Key to Bitcoin's Future?National Journal
Bitcoin heads to space in hopes of becoming more secureSiliconANGLE (blog)
BitBeat: Will Bitcoin Traverse the Final Frontier?Wall Street Journal (blog)
International Business Times UK -Entrepreneur -Computer Business Review
all 15 news articles »

Posted on 23 April 2014 | 4:42 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

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

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

Charlie Shrem Allowed Out of House Arrest for Bitcoin Documentary Premiere

Arrested bitcoin exchange pioneer Charlie Shrem is to be allowed to attend a film premiere in New York.

Posted on 22 April 2014 | 9:03 pm

So Very Wow! Dogecoin Sponsors a NASCAR Racer

Dogecoin has become a very popular cryptocurrency since it was introduced in December 2013. Since then, this currency based on the popular internet meme has been widely used as a “tipping” system for dogecoin Reddit users, while also acting as a successful medium for crowdfunding campaigns. The internet meme features funny, nonsensical and misspelled captions overlayed atop images of a Shiba Inu dog. For those unfamiliar, these captions include, “so very wow,” “such coin,” “very moon,” some of which are hard to understand for those outside the growing community. Developed and created by Billy Markus, with an aim to create a “fun” cryptocurrency that could reach a broader demographic than Bitcoin, Dogecoin has achieved sizeable growth in the short six […]

The post So Very Wow! Dogecoin Sponsors a NASCAR Racer appeared first on Bitcoin Magazine.

Posted on 22 April 2014 | 12:44 pm

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


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 21 April 2014 | 10:19 pm

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

Her World on a String, Spotlight on a Bitcoin Business

If you seek artisan made goods, Central Texas is the place to be. Some attribute it to the magical waters flowing from springs into the river, some attribute it to the weather, others to the people. No matter the reason, one cannot deny that Central Texas is home to a thriving entrepreneurial/artisan movement – a movement that now accepts bitcoin! One such artisan is Bitcoin enthusiast and singer/songwriter, Sarah Stollak, owner of World on a String Jewelry. I met Sarah at one of my husband’s activist related court dates. She was sitting beside me crocheting jewelry with writing pens because her crochet needles were confiscated at the security checkpoint at the courthouse. This radical woman is not afraid to be […]

The post Her World on a String, Spotlight on a Bitcoin Business appeared first on Bitcoin Magazine.

Posted on 20 April 2014 | 12:17 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

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

CryptoCurrency Convention 4/9/14 – Dan Larimer Bitshares

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CryptoCurrency Convention 4/9/14 - Dan Larimer Bitshares Have you ever had a hard time explaining bitcoin? The Very 1st CryptoCurrency Convention was an overwhelming success in solving that...

Posted on 18 April 2014 | 11:05 am

BitPay developers broadcast first Copay multisig transaction from Tucuman, Argentina

submitted by ryancarnated link 17 comments

Posted on 18 April 2014 | 11:00 am

Sims 2 – Million Dollar Challenge! – Finale (Part 2) – Pink

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Total Series Length: 28 Hours 21 Minutes and 27 Seconds Total Video File Sizes: 28gb Neighborhood Download: https://www.mediafire.com/?2h2z2dhzejvg22y Neighborhood File Size 44.66mb MAKE...

Posted on 18 April 2014 | 10:30 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

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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

When you can and can’t rely on 0 confirmations

submitted by BitFast link 3 comments

Posted on 18 April 2014 | 1:34 am

Texans for Greg Abbott to Accept Bitcoin Contributions

This afternoon, Texans for Greg Abbott announced acceptance of Bitcoin for campaign donations. Greg Abbott is running as the Republican candidate in the Texas Gubernatorial race. Striving to be a cutting edge candidate, Abbott stated, “I’m excited to see our campaign add another tool to our cutting-edge digital outreach, which is allowing us to reach more Texans than any previous campaign in the state.” It is great to see that Abbott as well as other policymakers note the opportunities Bitcoin has to promote free market economics and ingenuity across the board. Abbott’s campaign will certainly not be the first to embrace Bitcoin in the 2014 election cycle. Abbott’s campaign team published the following press release: April 17, 2014 For Immediate […]

The post Texans for Greg Abbott to Accept Bitcoin Contributions appeared first on Bitcoin Magazine.

Posted on 17 April 2014 | 2:08 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

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

Washington Dispensary Now Takes Bitcoin for Cannabis

Posted on 7 February 2014 | 5:39 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

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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