Norwegian man discovers $27 bitcoin investment now worth more than enough to buy an apartment. Photograph: George Frey/Getty Images Bought in 2009, currency’s rise in value saw small investment turn into enough to buy an apartment in a wealthy area of Oslo This article was originally published on 29 October 2013. Due to a technical fault, it has been republished here…
China-based bitcoin startup BTCC is launching its Mobi payments app for Android and iOS today. Unveiled last fall during the Money2020 payments industry conference in Las Vegas, the firm said at the time that its app would appeal to a global market, with support for multiple currencies and Visa debit card access. In earlier statements, BTCC CEO Bobby Lee said that…
There are a ton of ways to store your Bitcoin, and it can be pretty overwhelming trying to decide which is best for you. In this guide we will break down your options and explain the pro s and con s of the different wallet services. Keep in mind, for most people it is best to use a couple different types of wallets depending on your specific use. When you are storing…
But first read everything on this page since you should take to make sure your new wallets are secure. NEW: Litecoin & Dogecoin paper wallets, too! : How to make a paper bitcoin wallet Why trust this site? This generator is based on BitAddress.org , the well established and most trustworthy open-source engine for generating addresses using your own browser…
What s wrong with software wallets? In the Bitcoin world, you are your own bank. Bitcoin ownership is materialized by a private key, or a private master seed. Computers are not great at protecting such data, especially considering that whenever you sign a transaction your key must be read and stored in the application memory. If your computer is compromised, then…
UPDATE (15th December 20:38 BST) : Article updated to show that Peter Vessenes disputes the foundation s claim that it s owed expenses from him. The Bitcoin Foundation will soon run out of funds, the foundation s board was told at a meeting on 20th October. The meeting s minutes, published yesterday, show that board chairman Brock Pierce opened the event with the…
I wish to thank our shareholders for the positive feedback we have received since completing the first phase of our Bitcoin project. Our machines have been working flawlessly at full potential with a very high level of efficiency. We are excited and ready for the expansion of this activity as we implement the second planned phase,stated, Executive Chairman of MGT…
Important announcement: BitX has recently rebranded to Luno. We have not yet changed our bank account names to Luno so do not be alarmed if you are still depositing to a BitX bank account. Simply follow the steps as indicated on your device and your deposit will reach us as normal. To deposit money, follow these steps: 1. Log into your Luno account and click ACCOUNTS…
What makes bitcoin popular? The popularity of different internet services and online e-commerce made it necessary to create a new type of payment solution that would satisfy the needs of millions of internet users. Bitcoin, a digital currency with no centralized control has filled the vacancy. Since 2015, a great number of online merchants and resellers have been…
Rosland Capital recently produced an interesting infographic comparing the ten most important traits of an investment or more precisely of a store of value or currency. They offer physical gold and precious metals backed IRAs as a method to add stability to the mix. Including gold and other precious metals in your portfolio lowers your risk by diversifying from paper…
The bitcoin mining difficulty has undergone another major change. It seems the difficulty continues to increase by a higher percentage over the past few months. This latest change represents mining getting 16.64% more difficult, indicating a lot of new hashpower has come online over the past two weeks. It is unclear if this is the case, although the latest generation…
IPayYou.io, a bitcoin wallet, announced the launch of Bitcoin Direct to Starbucks, a new way for coffee lovers to use bitcoin. iPayYou s newest feature enables users to easily transfer bitcoin from their existing iPayYou wallet to their Starbucks mobile app, according to a press release. Users select an amount of funds they wish to transfer, allowing the new feature…
