It’s probably safe to assume that Bitcoin is here to stay. Yes, it’s a bit volatile and yes, other cryptocurrencies are a lot easier to mine and a lot cheaper to buy, but the ever-growing number of ways to spend bitcoins – plus the fact that it’s still around after being proclaimed dead numerous times over the past few years – is a testimony of the resilience…
When it comes to Bitcoin discussions, one of the arguments you are bound to encounter is the fact that you can’t pay your real-life bills with digital currency. Technically speaking, that is always incorrect, as you can convert Bitcoin to fiat currency and pay bills. If you live in Europe, however, you can also use a service called BitBill.eu. Use Bitcoin To…
If you have a pending transaction that is taking an abnormally long time to confirm, it may be due to network congestion. To find out more about how network congestion can affect your transaction, check out this article in our Support Center. This is a Blockchain Quick Bit, where we cover the basics of a topic, or product, to help you understand it better. This…
Since we started, our vision has been to make money work like the internet: instant, global, secure and free. Now we’re making payments more social than ever and diving headfirst into next-gen blockchain technology, rather than the buying and selling of bitcoin itself. What’s this mean for you? Lots of options. 1. Sell your bitcoin and cash out To get your bitcoin…
Bitcoin is a digital currency (also called crypto-currency) that is not backed by any country s central bank or government. Bitcoins can be traded for goods or services with vendors who accept Bitcoins as payment. Bitcoin-to-Bitcoin transactions are made by digitally exchanging anonymous, heavily encrypted hash codes across a peer-to-peer (P2P) network. The P2P…
OffshoreDedicated bring simplicity and freshness to keep your website up and running. We are committed to provide reliable anonymous offshore hosting with protection from any encroachment, maintaining our clientÂ’s rights to full freedom of information and independence. We value and treasure freedom on the internet because this is one of the few places where it…
During the gold rush, it s a good time to be in the pick and shovel business. -Mark Twain Cryptocurrencies, and in particular the leading Bitcoin, are a hot area of investment. Make sure to read my articles titled 5 Reasons To Buy Bitcoin and 6 Reasons Why You Shouldn t Invest In Bitcoin. Cryptocurrencies represent a convenient way to store purchasing power without…
Sadly, a lot of people who make recommendations (not saying the other people on this strand are included in this) have no idea what the options genuinely are, because they are no actively participating. Experience matters. But so do profit models. People talk up different kinds of metrics, but what matters is that you get the return OF your original investment…
The Gemini exchange has been working on making bitcoin more appealing to the mainstream. Their daily auctions attract a lot of attention, which is a positive thing. Just yesterday, the platform set a new record in USD value. 2054 Bitcoin were sold worth US$2.46m. Quite a big auction that indicates demand for bitcoin is anything but slowing down. It is good to…
Learning how to use Bitcoin can still be quite difficult for new users because the easy-to-use layers on top of the underlying protocol are still being created at this point in time. Having said that, most people who have used digital payment systems, such as PayPal, in the past should have no problem learning how it all works in these early days. Having some…
Cryptocurrencies are a form of money specifically designed to take advantage of the architecture of the internet. Instead of relying on a standard financial institution to guarantee and verify transactions, cryptocurrency transactions are checked, or confirmed,by the computers of the users on the currency s network. The computers that verify the transactions…
On October 6, Bitcoin.com mining pool officially mined its 10th block after securing nearly 1% of global hashrate. Its founder Roger Ver noted that Bitcoin.com has been paying its miners around 6% more than other major pools. The emergence of the Bitcoin.com mining pool and its 1% global hashrate holds more significance than others may imagine, considering their…
Update In business since end of 2007, VirWox is today the the leading independent exchange for trading virtual currencies, both in terms number of users (about 100, ), and trading volume (2012: 29 million Euro / 38 million US$). Currencies traded are Linden Dollars (the virtual currency used in Second Life), Avination s C$, and the Open Metaverse Currency (OMC)…
Let’s face it, at times learning the ins and outs of Bitcoin when you’re a beginner can be daunting. Bitcoin at its core can be technical in nature (think of how technical it is to understand how the Internet works too) and for the layman, understanding its intricacies may prove difficult. Seeing the Blockchain address and transaction page for the first time…
Accept bitcoin donations! have you recently heard about a new system called Bitcoin? Bitcoin can be defined as a new digital currency that has been introduced on the web. The digital currency is an efficient and secure form of making payments on the web. The open source software is a secure avenue to make payments. It can be used on various platforms for example…
Cryptocurrency or digital money received as a result of computer cryptographic operations have appeared quite recently. Bitcoin dates back to 2009 and is currently considered to be the most popular cryptocurrency in the world. Anyone can use bitcoin wallet to pay for the services or products on the Internet or exchange bitcoin with the regular money. You can…
Our backend system is made for a smooth order process and a quick payout. It should be noted though, that if our backend system detects some inconsistency in the data associated with an order, it will be pick-up for a manual review. Here are some general rules, which we advise you to follow if you want your bitcoins fast and smooth: • Name (Only use your real…
There is a growing trend within the cryptocurrency industry that portrays the characteristics of a time-bomb waiting to explode. Almost everywhere you turn, there is a certain coin to mine, a product to invest in, or a cryptocurrency based MLM that promises extraordinary payouts. The number of individuals who subscribe to these programs, on a daily basis, rises…
The Bitcoin mining community, a very valuable and powerful association, always seems to have this “elephant in the room.” This elephant would happen to be the massive stranglehold that China has over the globe’s total Bitcoin production. Very few have seen this as a positive development within the spectrum of Bitcoin. This has been a constant source of consternation…
FREE Add-Ons with every Domain Name! Free Email Account Bulk Tools DNS Management Easy to use Control Panel Domain Theft Protection Domain Forwarding Unlimited Mail Forwards Bitcoins: Redefining Domain Registration Bitcoins are perceived to be the future of money. Since it was created in 2009, Bitcoin has become the most popular and most efficient virtual currency…
I m a big fan of Bitcoin Â… Regulation of money supply needs to be depoliticized. -Al Gore, Former US Vice President and Winner of Nobel Peace Prize You want money to be based on something that no government mandarin can wish into existence with the stroke of a pen. -Patrick Byrne, Overstock.com CEO Bitcoin is a technological tour de force. -Bill Gates, Microsoft…
By now you understand everything about what Bitcoin is and how it works, you’ve been buying and selling it vigorously, and every time you discover a place accepting Bitcoin as a form of payment you feel like it’s Christmas. You know for sure what mining means, and if you have had a chance to mine Bitcoin back in the day, you have probably managed to make a profit…
Bitcoins are a relatively new digital currency that exists only within the world wide web. The cryptocurrency does not have any value on its own, but it is created in the process of social interaction. Only because of communication, the value – and price – is formed. Bitcoin supply and demand Everything in the world of Bitcoin is about supply and demand – those…
LONDON The total value of all bitcoins in circulation hit a record high above $14 billion on Thursday, as the web-based digital currency jumped 5 percent on the day to its highest levels in three years after more than doubling in price this year. The price of one bitcoin reached $875 on the Europe-based Bitstamp exchange, its strongest level since January 2014…
We’ve talked about Bitcoins before, and even put together a list of 20 places where you can spend them. But a list of places to spend Bitcoins isn’t of much use if you don’t have any Bitcoins. Sure, you could go to a Bitcoin exchange such as Mt.Gox and exchange your money for Bitcoins, but there’s always security risks involved in doing so. If you decide to mine…
On March 11th, the Securities and Exchange Commission will release its ruling on whether or not a Bitcoin ETF will be approved. Back in 2013 the Winklevoss twins, you may remember them from the story on how was started, filed for their Bitcoin Trust ETF to be approved. Others have been submitted since then, but that ETF will be the first to be approved or denied…
People are using the bitcoin digital currency more than ever before. That’s good news for this decidedly democratic money system, a system controlled not by big governments and big banks and big credit card companies but by a vast network of computers set up by users around the world. The more people who use bitcoin, the more useful it becomes—the closer we get…