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…
A revolutionary online system of virtual currency developed in 2008, bitcoin is the brainchild of Satoshi Nakamoto. Nobody is certain whether Nakamoto is an individual s name, a pseudonym, or a group of people. After publishing a 2008 paper describing this digital currency, Nakamoto released the open-source bitcoin software the next year. Operating without an…
Elon Musk, head of Tesla and SpaceX, joined President-elect Donald Trump’s team of Advisories, as did Uber CEO Travis Kalanick. Mr. Musk has made jaw-dropping comments on Bitcoin in the past. In an interview available on YouTube, Mr. Musk, who has been appointed to Trump’s Team of Advisories, describes his feelings on Bitcoin. “I think Bitcoin is probably a good…
Bitcoin arbitrage trading is a way to make money trading bitcoin with less risk than speculative bitcoin trading or day trading. Trading bitcoin is risky business, this is a fact. The price can swing wildly, and nobody knows for certain what the price will be from day to day. If you know the bitcoin market, it is possible to read the market signals and make trades…
I want to give an extended answer as I found the pre-existing here or elsewhere in need of a bit more clarification, specifically for newcomers. Formula In order to calculate the approximated total bitcoin earnings value per month from a mining operation (not taking into consideration mining costs [electricity, hardware maintenance etc]) the following formula…
2017 started with a bang as Bitcoin shot through the $1 mark with no signs of slowing down. As a result I get about 2 emails a day from people around the world who are asking one very simple question: “Should I invest in Bitcoin?” Before we begin, I want to get something out of the way – Bitcoin is not a company or a stock, it’s a currency. If you still don’t…
Bitcoin Direct CEO Peter Klamka (left) speaks as former boxing champion Mike Tyson looks on at the launch of the world s first Mike Tyson Bitcoin ATM machine on Sept. 24. Getty Images Iron Mike Tyson has moved from bit ears to bitcoin. As strange as it might sound, the chief executive of a bitcoin exchange company has licensed the former heavyweight champ’s name…
Operator details Operator s name: Digital Mint Support phone: (855) 274-2900 On the map: All Digital Mint bitcoin ATM locations Are you operator? Check the list of services we provide. We provide the following services and materials for operators: Location City: Denver Location: New Money Express Business phone: Show number →+1 303-830-2274 IMPORTANT! In case…
Rod Garratt and Rosa Hayes In a previous post, we discussed bitcoin miners’ incentives to undertake a 51 percent attack given the current condition of the bitcoin market. We also speculated that high profits and free entry would cause more miners to enter the market, driving marginal mining profits to zero in the long run. Since then, the price of a bitcoin has…
We owe many of the innovations that we use every day - from our favorite longstanding websites to the latest mobile applications - to the existence of underlying highly technical protocols. Endusers don t need to understand these any more than drivers need to understand the workings of a car engine. Policy makers, however, need to understand the importance of…
Why would we want to buy things with Bitcoin instead of using national currencies? Well, many people are paid directly in Bitcoin for their work. Transaction fees are lower than traditional payment methods and in most countries bitcoin can be used to circumvent taxes. Bitcoin miners are also paid in Bitcoin and investors often need to dig a bit into their Bitcoin…
This week, we’ve invited Ofir Beigel to guest blog for us. We’ll let him take it from here. Recently, scaling bitcoin has been a hot topic for the bitcoin community. Why is this? Well, as bitcoin grows and more users hop onboard, a big priority is to ensure the network can efficiently handle the increasing transaction volume. And lately, many users have been…
Bitcoins cannot be transferred to any fiat currency or any bank account. If you need to liquidify your bitcoins and you want to get fiat currency in exchange, you can sell your bitcoins in Bitcoin exchanges. Alternative is that you directly spend bitcoins on bought products and services. No financial institution will touch bitcoins. In fact, most banks and…
Currency bans occurring in India and Venezuela point to the danger of giving governments monopoly power over the issuance of paper currency. The lack of choice in currencies— a choice that Nobel economist F. A. Hayek argued is essential to prevent the abuse of power and to combat inflation — deprives individuals of the means to protect themselves from the type…
After two years of lackluster returns, the price of a single coin soared more than 100% this year — putting bitcoin on track for its best annual performance since 2013. A wave of exuberance carried bitcoin from around $90 in January of that year to an all-time high of $1, 242. Bitcoin’s market capitalization sailed past $14.5 billion as the price of a single…
Before you continue with this article on Trading Bitcoin, we have an impression that you are already familiar with the basics of Bitcoin. If not, you can choose to read our other tutorials before pursuing this one. They are listed in their chronological order as follows: Trading Bitcoin comes with statuary warning, sometimes from one’s own instincts — and sometimes…
I would say that depends on the period you are willing to let the investment be tied in the cryptocurrencies. And that is supported by data from price graphs of the top 20 cryptocurrencies-by market capitalization. In the short term, it is hard to tell whether cumulatively you will make a profit, especially if you are going to apply the same rules to all the…
As Japan prepares to enforce regulations upon bitcoin exchanges in the country this, a development that was encouraged by the local bitcoin industry, the number of merchants accepting the cryptocurrency is expected to quintuple to 20, this year. By 2016’s end, there were over 4, 2 bitcoin-accepting merchants and storefronts in the country, quadrupling from the…
I recently open sourced a bitcoin arbitrage bot written in ruby. Read my explanation of arbitrage if you re unfamiliar with the topic. After putting the project on Github, I . It didn t get any points, but it did receive two comments. The top one was: How is it in your interest to share this? Won t all arbitrage opportunities vanish fairly quickly as more people…
A lot of people ask about investing in bitcoin, or if they should. This piece goes through the pros and cons, and various options. It will cover what bitcoin is, and a bit of the history of the digital currency as an investment vehicle. If you are considering investing in bitcoin, we recommend you do your own research before making any decisions. This guide does…
When I first started writing for CoinDesk, all my friends made the same joke: you aren t going to get paid in bitcoins, are you? I assured all concerned parties that I would work for nothing but US dollars. I made sure to get that in writing. But the more I learn about bitcoin, the more I realize that getting paid in the cryptocurrency would not be as scary as…
Before Bitcoin, there was cryptocurrency. Indeed, it has a long and deep history. If only for the lessons learned, it is worth studying, and indeed, in my ABC of Bitcoin investing, I consider not knowing anything before Satoshi’s paper as a red flag. Hence, a very fast history of what came before. Early Days The first known (to me) attempt at cryptocurrencies…
Bitcoin sportsbooks make it easier than ever to place wagers on major sporting events. Bitcoin sports betting allows players to wager on the results of various sports events like tennis, boxing, soccer, baseball, basketball, cricket, motor sports, rugby and many more. The BTC sportsbooks listed below have all been thoroughly tested by a member of the GamblingBitcoin.com…
