Asia’s richest man Li Ka-shing has boosted his investment in bitcoin, in a vote of confidence for the beleaguered digital currency, amid a crackdown on its widespread popularity in China. Despite the price of a bitcoin tumbling from political pressure, the billionaire tycoon has poured an undisclosed amount of money, believed to be worth millions of dollars…
While the debate continues within the Bitcoin community, several altcoins have experienced a significant surge in overall value. Cryptocurrencies such as Dash and Ethereum have conquered new levels in price and market capitalization at a time that coincides with the struggles of Bitcoin as the cryptocurrency seems to be undergoing a significant adjustment in…
On Jan. 29, the governor of the Central Bank of Iran Valiollah Seif officially announced during a national television interview that the US dollar will no longer be used within the country as a response to US President Donald Trump’s controversial temporary travel ban on certain countries including Iran. According to the official statement of the Iranian central…
Today, we are excited to announce the launch of Bitaccess bitcoin purchases at thousands of storefronts across Canada. Customers can now purchase bitcoin using a Flexepin voucher. Available in 6, Canadian retail locations, Flexepin can be bought using cash or a debit card. Buying a Flexepin voucher is like purchasing a gift card. It is bought from a store cashier…
Now that the Bitcoin halving is behind us, the community can breathe a sense of relief. Although no issues were expected, one never knows how markets and miners will react during these historic situations. Albeit the impact on the Bitcoin price is fairly minimal, WSJ reports a 2% decline since the halving. Over the past few weeks, Bitcoin enthusiasts and experts…
Investor Jim Rogers, of Rogers Holdings fame, has said he missed the boat on investing in bitcoin. “If I were smart, I would have bought it in the early days when people first told me about it. I still don t know enough about it to invest in it.” Future of money? Rogers said there have always been great investments around the world, so he was not focused on digital…
This week, a term emerged that many bitcoiners won t have heard before: transaction malleability. Mt Gox cited it as a key reason for suspending withdrawals, and it was also mentioned as the basis for an exploit used in a massive attack against the bitcoin network this week. So, what is it, how does it work, and should we be worried? Here s what we know. What…
First, a blockchain is just a database In and of itself, a blockchain is nothing more than a type of database, a giant spreadsheet, keeping a record of historical transactions (in literally anything) between parties. Accountants call that a ledger. Any ledger needs to be maintained by someone whose role it is to make sure the data accurately reflects the state…
A lot of people have an opinion about Bitcoin as something shady, something for the criminals. Where has this come from? Is BTC a tool used by ISIS? Let’s have a look at some arguments and facts on this topic. Bitcoin and Silk Road Many of you know what Silk Road was all about. If you don’t here’s a brief description. Silk Road was essentially an Ebay for criminals…
Exactly how much they’re making is hard to pin down, because the vast majority aren’t required to disclose performance figures (Zhou declined to comment on his). Chinese banks were banned from trading bitcoin in 2013, while capital controls mean foreign firms have a small presence on China’s exchanges. One of the few traders willing to talk about their returns…
Smart contracts were a popular trend throughout 2016, as investors, banks and major financial institutions explored the potential of smart contract-based protocols such as Ethereum to build innovative and decentralized applications. Yet, even Ethereum, a network valued at nearly US$930 million, struggled to demonstrate practical usage and efficient commercialization…
To buy Bitcoin with Luno you need to have done two things: Luno provides two ways to buy Bitcoin: Instant buy or sell (easy to understand, simple to use) Exchange order (more complex, more control) 1. Instant buy or sell This feature allows you to instantly buy bitcoin at the current exchange rate. Instant buy step-by-step guide Select “Buy” or “Sell” from the…
As far as leading the digital currency revolution, Bitcoin just isn’t getting it done. Ryan Taylor of Dash sees why Bitcoin is failing to take over the world. Bitcoin is in a lull. For the past several months, the frontrunner of the cryptocurrency world has experienced relatively stagnant value. Both the number of transactions and total transaction value have…
Nothing guaranteed, of course this is only a rough estimate! Do not enter commas, only dots for decimal separator. You can also calculate rented mining by setting “Power consumption” to 0 and “Cost of mining hardware” to the rent per time frame. Default values are for a system of four 6870s. Estimate Strategy Extrapolating bitcoin difficulty or price is pure…
OneCoin has already established itself as one of the Top 3 cryptocurrencies worldwide and also the fastest-growing company on the cryptic market ! But we never settle for anything less than the BEST! And this week we received recognition for being the BEST - a quick check in the reputable and highly revered web statistics and analytics portal Alexa.com shows…
I don t actively do any bitcoin mining anymore, but I m leaving this here for historical purposes. Also, the information is still useful for running other kinds of computers at 240V. I have two CoinTerra TerraMiner IVs on order, one in the December batch and one in the March batch. As the December batch orders are now shipping, I spent the past week planning…
Investors are always looking to put money into different assets to satisfy their diversification requirements. Equity investors are often seen maintaining a percentage of their portfolios in slightly unrelated asset classes such as gold and real estate. A small section of investors are also interested in buying artworks, antiques, and old coins, as they represent…
While Bitcoin has long been dominant in the cryptocurrency scene, it is certainly not alone. Ethereum is another cryptocurrency related project that has attracted a lot of hype because of its additional features and applications. Ethereum: More Than Just Money The first thing about Ethereum is that it is not just a digital currency. It is a blockchain-based platform…
You can buy most things for bitcoin online. There is also a growing number of brick & mortar shops which accept bitcoins. Whenever you see the bitcoin accepted here sticker you can put a smile on you face. These shops accept bitcoins. Among our favorite examples of bitcoin accepting sites are Fiverr which accepts bitcoins where you can book flights and…
Buying bitcoin is harder than it should be, which is why we at Coinbase have been working so hard to expand our services to more regions of the world, to accept more payment methods, and to process transactions as quickly as possible. Over the past couple of years we’ve helped thousands of developers to build bitcoin applications. The most consistent and critical…
As promised, here are the final project presentations from the Bitcoin and cryptocurrency technologies class I taught at Princeton. I encouraged students to build something real, rather than toy class projects, and they delivered. I hope you’ll find these presentations interesting and educational, and that you build on the work presented here (I’ve linked to…
Yesterday was quite an interesting day in the world of Bitcoin scams and Ponzi Schemes. OneCoin, the world’s biggest pyramid scheme to date, doubled all user coins last night. This brings the total supply of “coins” to 2 billion, which is ridiculous. In fact, this means that OneCoin is now a bigger cryptocurrency than Bitcoin, according to OneCoin CEO, Ruja Whatsherface…
For Dave Bitcoin, the alias of the software architect that hacks people’s cryptocuency passwords, the price surge of Ethereum’s blockchain token ether has generated a significant amount of work; work that wouldn’t have been steered his way without his focus on developing trust. And just to be clear, Dave Bitcoin hacks people’s passwords with their permission…
Hello there, in this article I’m going to show you the newest methods, sites, you can make bitcoins free and fast, yes, you read that right. This year we saw the bitcoin rise at an amazing rate, it got up to $1, 104. It also had a drastic fall back to $776. As at writing this article it has risen to $804, that’s approximately N252, 657. It’s going to keep rising…
The following article represents the opinion of its author and does not constitute as investment advice. Bitcoin is a very volatile currency and you’re putting your capital at risk when investing in it (just like any other investment). 2017 will be upon us soon enough, so it should come as no surprise that many bitcoin experts are looking ahead to the upcoming…
In a move that has some wondering what they will do with it, Mercedes Benz parent Daimler AG (OTC:DDAIF) has purchased digital payments and Bitcoin transactions processor PayCash Europe. While PayCash handles many types of digital payments aside from Bitcoin and other cryptocurrencies​, it may pave the way for the car maker to directly accept payment in Bitcoin…
Sure, its value might rise and fall by the day, but some small-business owners in New York City are buying into bitcoin by accepting the buzzed-about currency at their brick-and-mortar locations. They’re saying the benefits are many, and the disadvantages are next to none. That’s right, the digital currency — infamously linked to the purchase of drugs and guns…
