Read any article written about bitcoin in the mainstream press and odds are, at some point it touches on the incredible volatility of bitcoin s price. Indeed, one of the largest barriers to the widespread adoption of bitcoin as a viable global currency is its volatility. It s impractical that a currency that regularly gains or loses 10% or more of its value in…
One of the most common questions asked at industry conferences is why Western Union or Moneygram don’t just use Bitcoin themselves. If they did, they could eliminate the potential threat posed by the young Bitcoin remittance start-ups who are out there trying to eat their lunch. Theoretically, Western Union could just throw R&D resources at the problem…
Bitcoin will be accepted throughout the whole University of Nicosia system, including affiliated institutions such as: St. George’s University of London/UNic Medical School, a partnership between St. George’s University of London and UNic UNic Online Degree Divisions, offering online programs to students worldwide Intercollege, vocational colleges in Nicosia…
Mint and Coinbase: Your New Bitcoin Finance Tracker Bitcoin, the electronic currency system, allows direct payments from one party to another without the necessity of a financial institution. It is self-governing, and the value of Bitcoin varies, sometimes with substantial volatility. People can use Bitcoin for almost any type of transaction, including online…
Who wants to be a millionaire? That could possibly lead to a cheerful chorus of “me” almost anywhere. The only other question that might get a similar response is “who want’s ice cream?” The stories of rags to riches are inspirational stuff. When it comes to Bitcoin there are many reasons to believe that the cryptocurrency has the power to create wealth. Even…
Have a credit card or debit card and want to buy/sell bitcoin (btc), litecoin (ltc) or other digital currency? There is nothing simpler if you use our service! How it started Credit cards as a payment method have a long history. The concept of using a card for purchases was described in 1887. It was a story from utopian novel, however. The fantasies became real…
Ken Moore, head of Citi Innovation Labs told IBTimes UK during a technology briefing that the bank has been looking at distributed ledger technology for the last few years and has amassed a skilled team. They have constructed three blockchains and a test currency to run across them. Moore said: We have up and running three separate systems within Citi now…
If you’re not a math genius or a cryptographer, it can be hard to wrap your head around what Bitcoin is. So two years ago, I decided to get familiarized by immersing myself in it. I got rid of my cash and credit cards, and spent a week in San Francisco living on Bitcoin. At the time, few people had heard of the cryptocurrency, and fewer actually accepted it…
Do research. Make sure you know how much a bitcoin is worth, because the price tends to fluctuate. As of April 18, 2014, the exchange rate was $508 per bitcoin. However, that price constantly changes. Visit a local trading site. One example is LocalBitcoins, which is used as the example for this article. However, there are other trading sites that you can find…
NEW YORK (InsideBitcoins) — February of 2014: a defining moment in bitcoin history. Mt. Gox, then the largest bitcoin exchange, reveals the “loss” of 850, bitcoins, with a value at the time of approximately $473 million. For months, there had been complaints that withdrawals from the company were taking far too long. Reports said some customers were experiencing…
This post is one in a series of quick-hit interviews with companies using Apache Cassandra™ and/or DataStax Enterprise (DSE) for key parts of their business. For this interview, we talked with Vincent de Lagabbe at kaiko.com. DataStax: Hello Vincent, thanks a lot for your time today. Could you please tell us a bit about kaiko.com, what exactly you offer and your…
Today is the fifth anniversary of Bitcoin - on or about Jan. 3, 2009, Bitcoin s pseudonymous creator Satoshi Nakamoto mined the first 50 bitcoins and started the Bitcoin payment network. And not long after that on Jan. 12, Hal Finney was the recipient of the first Bitcoin transaction. Finney has a long involvement in the crypto community. For years, he worked…
Currently, based on (1) price per hash and (2) electrical efficiency the best Bitcoin miner options are: “It depends on how much you’re willing to spend”, the answer would be as simple as that. Seeing that Bitcoin Mining profitability relies on many different factors, each person asking himself this will get a slightly different answer. “Mining profitability…
Bitcoin is a kind of digital currency that is gaining popularity with every passing day. It is created electronically and also held electronically. Bitcoins are not printed, unlike euros or dollars. Bitcoin is the first example of cryptocurrency, which is a category of money in this digital age. Nowadays, it is possible to perform even PayPal to Bitcoin exchange…
Share are looking for new and more productive asset classes. Similar booms have recently been observed in equities, bonds and commodities trading, all with an accompanying deflation once the roving gang of investors moves on to the next big thing. The recent devaluation of the yuan has also motivated some Chinese consumers to seek bitcoin as a hedge against currency…
Access to bitcoin in Australia became far easier today, as a Melbourne-based startup, Bitcoin Australia, teamed up with one of the largest retail networks in Australia, Blueshyft. Anyone with some cash, a phone number, and an email address, can now purchase bitcoins over the counter at more than 1, 200 retail locations. The process takes less than 30 minutes…
Imagine a world where you could go to the Department of Motor Vehicles (DMV) and be out in ten minutes. Better yet, imagine a world where you no longer need to go to the DMV for anything. You don’t need to spend 45 minutes on the phone with your insurance company to get one piece of paper to register your vehicle that can only be sent to you by pigeon carrier…
According to Bitcoin Block Size - What are the rules? each block can be up to 1MB per size and contain roughly 2400 transactions. As transaction blocks are supposed to be found every ten minutes, this would mean that 14400 transactions per hour or 4 transactions per second could be handled. If there should be more transactions sent they would compete for inclusion…
Werner van Rooyen, head of Business Development and Growth at Bitx, the biggest Bitcoin exchange in South Africa in terms of user base and average trading volume, speaks with Cointelegraph about the penetration of Bitcoin in South Africa. Werner van Rooyen: The demand for Bitcoin is based on the potential that the cryptocurrency has; either as an improved payment…
Bitcoin’s price versus the US dollar is the most searched keyword for Bitcoin, along with “What is Bitcoin?” The Bitcoin price is important under many circumstances, primarily exchange rates with any fiat currency, which are based on US dollar rates to some extent. Now that Bitcoin’s price has more than doubled since January, the Bitcoin trolls and haters are…
The Winklevoss twins have filed an amended Form S-1 with the SEC. The minor update reveals a few new facts about the Winklevoss exchange traded fund (ETF). So far Cameron and Tyler Winklevoss have updated their ETF filing four times. The process of registering an ETF is painstakingly slow: the twins originally filed for an investment fund a year ago, on 1st July…
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The challenge with any new technology is finding a sweet spot. 2015 was the year that bitcoin payments began to find their own. Bitcoin payments are highly efficient in the areas where traditional payments are not - cross-border payments, micropayments, multi-user payments, and automated payments. The transaction numbers in these areas are starting to match up…
Everybody(in the Bitcoin space) is going nuts over what’s happening to Bitcoin exchanges in China and looking closely at the sudden fall of trading volume in China. Bitcoin trading volume in the world However, it seems to me few people are aware of what’s happening in Japan now, especially its ever increasing bitcoin trading volume and signs of wider bitcoin…
With a volatile asset like bitcoin, charting software needs to provide maximum functionality for our traders to keep up with the market. Here are three reasons why our clients love charting with TradingView: 1. Compare multiple bitcoin exchanges quickly Compared to major commodities / currencies, pricing inefficiencies are more common in bitcoin. This is because…
Bitcoin is a confusing topic for most people. There are many methods and paths to consider when trying to understand how it works, let alone how to purchase a bitcoin. At Paxful we have made a great effort finding a way to streamline the entire process for our users and anybody in the world who is looking to participate and empower themselves with the freedom…
Welcome to mBit Casino. We are a leading online Bitcoin casino with hundreds of different games, from slots to blackjack and bitcoin sports betting. We offer 100% secure payments to ensure that your Bitcoins are kept safe and your transactions are completed at lightning speed. In our years of history, we have never had a failed payment, and we guarantee on time…
