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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

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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

Bitcoin is great for business-to-business transactions, if both sides know how to use it. What happens if they don't?

Posted on 24 January 2015 | 7:30 am

Gallery: Bitcoin Industry Cuts Loose at Miami Conference - CoinDesk


Wall Street Journal

Gallery: Bitcoin Industry Cuts Loose at Miami Conference
CoinDesk
Though much of the action took place offstage, quite a few talks spurred discussion, perhaps most notably a regulation panel that was full of suggestions that 2015 might prove to be another year where bitcoin is in the headlines for the wrong reasons.
Bitcoin and the Digital-Currency RevolutionWall Street Journal
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
National Gazette -WPX News -Lifeboat Foundation (blog)
all 10 news articles »

Posted on 24 January 2015 | 5:13 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

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

Winklevoss Twins Aim to Take Bitcoin Mainstream - New York Times


New York Times

Winklevoss Twins Aim to Take Bitcoin Mainstream
New York Times
Bitcoin, the virtual currency that was once the talk of the financial world, has been taking a beating over the last year with the price tumbling downward. Now two of the biggest boosters of the virtual currency, Cameron and Tyler Winklevoss, are ...
Winklevoss twins launch Gemini, the 'regulated' Bitcoin exchangeMashable
Winklevoss twins look to legitimize Bitcoin with a regulated US exchangeThe Verge
Winklevoss twins want to make bitcoin legit with US-based exchangeEngadget
Reuters -Daily Beast
all 82 news articles »

Posted on 23 January 2015 | 7:22 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

Winklevoss Twins Plan Regulated US Bitcoin Exchange - CoinDesk


Winklevoss Twins Plan Regulated US Bitcoin Exchange
CoinDesk
The company, named after the Latin word and zodiac sign for twins, as well as NASA's precursor to the moon-shot Apollo program, promises to be a "next-generation bitcoin exchange". Gemini is aimed squarely at the sensibilities of individual and ...

Posted on 23 January 2015 | 4:50 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

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

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

Bill Gates has commented on bitcoin's possible future ahead of the release of the Bill and Melinda Gate Foundation's annual letter.

Posted on 22 January 2015 | 10:32 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

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

Coinbase, a Bitcoin Start-Up, Raises $75 Million in Vote of Confidence - New York Times


New York Times

Coinbase, a Bitcoin Start-Up, Raises $75 Million in Vote of Confidence
New York Times
Coinbase, one of the most popular Bitcoin wallet providers, announced on Tuesday that it had closed a $75 million financing round, the biggest yet for a virtual currency start-up. The announcement of the funding, led by DFJ Growth, could not have come ...
Coinbase raises $75 million in largest-ever VC round for Bitcoin companyFortune
Bitcoin Startup Coinbase Raises $75 Million From DFJ, the NYSE and Two BanksRe/code
BBVA: We Wanted to Better Understand the Bitcoin OpportunityCoinDesk
FT.com (blog) -Boston Globe -VentureBeat
all 75 news articles »

Posted on 21 January 2015 | 2:43 pm

Alleged Silk Road 2.0 Accomplice Arrested on Conspiracy Charges

Federal investigators have confirmed that Brian Richard Farrell has been arrested in connection with black market website Silk Road 2.0.

Posted on 21 January 2015 | 2:00 pm

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

The 12 Biggest Bitcoin Funding Rounds Of All Time

Following Coinbase's record $75m round yesterday, CoinDesk looks back at the previous largest investments in the bitcoin space.

Posted on 21 January 2015 | 8:49 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

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

A Letter to the Bitcoin Magazine Subscribers

January 21, 2015 My name is David Bailey, CEO of BTC Media LLC (better known as publisher of yBitcoin magazine), and I’m very proud to announce that we’ve officially acquired Bitcoin Magazine! I wanted to let you know first, prior to our official press release, in appreciation of your loyalty to Bitcoin Magazine. As you know, Bitcoin Magazine is the oldest media outlet in the entire 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 […]

The post A Letter to the Bitcoin Magazine Subscribers appeared first on Bitcoin Magazine.

Posted on 15 January 2015 | 11:26 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

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 v0.9.0 released

Posted on 19 March 2014 | 6:44 am

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

DNotes Cryptocurrency Savings Plans For Children – First of Many Unprecedented Digital Currency Savings Instruments Sponsored by DnotesVault

  Bitcoin press release: DNotesVault, a secure web wallet launched just a week ago has reaffirmed its mission to build a large generation of DNotes stakeholders worldwide by offering a family of CR.I.S.Ps. (Cryptocurrency Investment Savings Plans) with 100% deposit guarantees. Illinois, USA. DNotesVault, launched a week ago, may sound like just another web wallet beginning to pop up in the rapidly emerging world of cryptocurrency. However co founder Alan Yong explained that DNotesVault is much more than a free, secure web wallet with an unprecedented 100% cryptocurrency deposit guarantee: “It is a strategic vehicle created by the DNotes team in pursuit of mass consumer and merchant adoption, taking full advantage of DNotes being the most stable digital currency.” Says […]

The post DNotes Cryptocurrency Savings Plans For Children – First of Many Unprecedented Digital Currency Savings Instruments Sponsored by DnotesVault appeared first on Bitcoin Magazine.

Posted on 4 December 0001 | 5:00 pm

January 25, 2015 -
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