The only way to exchange Bitcoin for cash is to find someone willing to trade. In person, this can be slightly inconvenient, since verifying that the Bitcoin have been received involves waiting for confirmations from the Bitcoin network. This is true even if you exchange Bitcoin by sharing the private key to your Bitcoin address, since the recipient will still…
The financial world can be a confusing place full of strange terms, unusual forms of currency, and endless trading options. Unfortunately for those who are not so tech savvy, the integration of the internet into our daily lives has allowed the financial world to evolve. In addition to extensive banking, payment, and stock options that have become the norm online…
Load the register with the value 23. Add 4b to the register, that is now 23 + 4b = 6e. Multiply the register by 1e, yielding 6e * 1e = ce4. The register holds the final result, that is ce4. Stack memory Most of the time, we need to track complex program states with variables . In C, depending on whether a variable is allocated statically or with malloc, it’s…
2013 was a breakout year for bitcoin. While many people are still trying to grasp the concept of “what exactly is a bitcoin?”, even more businesses are starting to ask the question “do we need to care?” With any new technology there are going to be advantages and disadvantages, risks and rewards. Bitcoin is no exception. Today I want to explore the idea of why…
On this page we present an automatically updating ( daily ) bitcoin return calculator . Enter any two dates since July of 2010, and we will compute the annual and total returns on money invested in bitcoin between those two dates. We also will automatically adjust the quoted returns for inflation, optionally, if you choose the “Adjust For Inflation (CPI)” option…
In the financial world, value is everything. Understanding the true value of a stock, a commodity or currency can be a complex process involving things like free cash flows, asset-based analysis and other arcane concepts, but the underlying idea is pretty simple. “Is this thing I want to buy worth the asking price?”. If it’s valued too high, it’s probably a bad…
Commonwealth Bank of Australia chief information officer David Whiteing has warned the bank s technology halo could slip unless it embraces crypto-currencies like Bitcoin, online assets like air miles, and gets on the front foot with hiring untapped technology expertise. In a wide-ranging briefing at an Australian Information Industry Association lunch in Sydney…
Max Keiser s crypto investment fund Bitcoin Capital has closed a $1.6m equity crowdfunding round. A financial journalist and the host of RT s Keiser Report , Keiser has been an open advocate of cryptocurrencies. He backed his own altcoin, MaxCoin, following its creation by two Bristol University students in early 2014. Describing itself as high risk, high return…
Bitcoin can it become a real-world currency? Photograph: Matt Cardy/Getty Bitcoin is one of the first attempts to create a real-world currency with no governments, no central banks, and no rules It started, and ended, with a click. With one touch of a mouse, a hacker managed to transfer 25, credits of online currency – then worth almost $500, dollars – to…
Trump s victory in the presidential election, combined with a Republican Congress, is making for quick changes to the investment landscape. The dollar has rallied and will likely continue with volatility. The peso has already dropped quickly with Trump s win. At the same time, many countries, including China, are trying to devalue their currencies to keep their…
Bitcoin is secure money for the internet. You can pay without handing out sensitive financial information, and you don t need an account. Get a wallet First you ll need a bitcoin wallet – an app that lets you receive, hold, and spend bitcoin. To learn more, check out our Bitcoin Wallet Comparison, where we keep an updated list of options. Buy some bitcoin Once…
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…
