One of the most reliable tools in my cryptocurrency investing toolbox is lending on the Poloniex exchange. It s the old-faithful, slow-but-steady, go-to champion of my passive investment strategies. And it s an answer to the age old question: if you have a large amount of Bitcoin or some other cryptocurrency lying around, what can you do with it? Make more of…
Blockchain is a game-changer in the industry and no financial services firm can afford to ignore it. – Anirban Bose, Global Head of Banking and Financial Services Blockchain distributed-ledger architecture has the potential to enhance security, speed, and operational efficiency for banks in several business areas such as payments, asset management, loyalty…
Investor confidence on Bitcoin has taken another big hit after Bitfinex, a prominent Hong Kong-based digital currency exchange, reported the theft of about US$65.8 million worth of bitcoins early Wednesday. About 119, 756 bitcoins were lost in a security breach, according to Zane Tackett, the director of community and product development at Bitfinex. News of…
Keep an eye on the Bitcoin price, even while browsing in other tabs. Simply keep this site open and see the live Bitcoin price in the browser tab. (Note: Some mobile browsers don’t yet support this feature.) See how many bitcoins you can buy. Enter an amount on the right-hand input field, to see the equivalent amount in Bitcoin on the left. See the value of your…
Oracle is here to help you to sell Bitcoin to PayPal with a very low exchange fee. We are a reliable online service provider with many 5-stars reviews. There might be so many reasons why you have visited this web page. But the main reason may be that you are looking for selling bitcoins to PayPal. Am I right? If the answer is yes, then you have come to the right…
Recommended articles related to faucets for beginners: If the words Bitcoin, faucet etc. are unfamiliar to you, I highly recommend you to use the following guides to prevent confusion and delay. Things to remember: Registration procedure: After landing on the homepage of a faucet, you will be asked to enter the bitcoin address to register. Once you enter your…
The underground website s anonymous administrator told users Thursday evening that attackers had made off with all of the funds it held in escrow. Silk Road serves as a middleman between buyers and sellers, temporarily holding on to funds in its own accounts during a deal. Buyers put their money into Silk Road s accounts, and sellers withdraw it. At the time…
Using Bitcoin to pay and get paid is easy and accessible to everyone. How to use Bitcoin 1. Inform yourself Bitcoin is different than what you know and use every day. Before you start using Bitcoin, there are a few things that you need to know in order to use it securely and avoid common pitfalls. 2. Choose your wallet You can bring a Bitcoin wallet in your everyday…
To experience an inflationary rate of up to 500 bln percent is insuperable to creating wealth and better living standards. Robert Mugabe and his cronies thought they could defy basic economic principles and still have their way. Their actions have created untold hardships for many of their compatriots. It is a pity that a food basket like Zimbabwe has to experience…
Bitcoin can be a great way of adding, sending, or withdrawing value from your Uphold account, and because the Bitcoin Network is global, it can be used by almost anyone around the world. There are many exchanges available, such as Bitstamp, Bittrex and Poloniex. These services help you buy, sell and trade cryptocurrencies. We recommend using Howtobuybitcoins.info…
In the digital world we live in, new systems need to be established in order to regulate relationships between the members of the information society. While the existing financial system occasionally leads to recessions, growing debts, and numerous frauds, the alternative is still in development — it is digital currencies which are based on cryptography and backed…
A Bitcoin digital signature and its verification is one of the main key secrets behind the Bitcoin protocol. It allows non-repudiation as it means the person who sent the message had to be in possession of the private key and so therefore owns the Bitcoins – anyone on the network can verify the transaction as a result. But how does it work? The private key creates…
You might not know it, but there’s a special feature in every Blockchain Wallet that makes it effortless to find places nearby where you can spend your bitcoin and support the bitcoin community too. Wherever you are, the Blockchain Merchant Map is easily accessible and provides you with a verified list of merchants. That’s right, we check in with every single…
A thin client is a program which connects to the Bitcoin peer-to-peer (P2P) network but which doesn t fully validate transactions or blocks. That is, it s a client to the full nodes on the network. Most thin clients use the Simplified Payment Validation (SPV) method to verify that confirmed transactions are part of a block. To do this, they connect to a full…
While many crypto-technologies, such as Bitcoin, are permissionless, much of the legacy infrastructure is permissioned. Ongoing discussion regarding integration of distributed ledgers into legacy systems has brought attention to a growing divide: Permissionless Ledgers (Public Blockchains) vs. Permissioned Ledgers (Private Blockchains) Permissionless Ledgers…
What is a no deposit bonus? Bitcoin casinos with no deposit bonus give a free bonus that requires no deposit. A no deposit bonus is given as “test-money” to a new player, even before he or she deposited any bitcoins in their account. How does it work? As mentioned above, to reward new casino players who have not deposited any bitcoins with bonuses. All you need…
Introduction Despite being the digital solution to a multitude of economic problems of the contemporary world, Bitcoin as a currency has some serious issues which stand in the way of its wide acceptance. The main reason is that Bitcoin is very volatile as a currency. The price at any given moment can be significantly different from what it was just a moment before…
Bitcoin is a very secure and inexpensive way to handle payments. Choose your own fees There is no fee to receive bitcoins, and many wallets let you control how large a fee to pay when spending. Most wallets have reasonable default fees, and higher fees can encourage faster confirmation of your transactions. Fees are unrelated to the amount transferred, so it…
What you need to know is that not all machines support two-way operations, many still only allow to buy bitcoins, however according to our Bitcoin ATM Charts about 40% of all installed Bitcoin ATMs actually support sell operations. In order to find your nearest bitcoin machine where you can sell bitcoins – you can visit our bitcoin ATM map. Use “Crypto->Fiat”…
Setting up and operating an exchange can be quite involved. A few tiers to start thinking about: legal, banking, tech+security, and volume. Legal The first question is whether you want to operate globally (e.g. Bitfinex or BitStamp) or focus on a national market (e.g. FlowBTC, meXBT). The next step is to seek legal counsel to help decide where you want to locate…
As of now the effects of Bitcoin on the economy is minimal. But the increasing or supposedly increasing trends are 1) If you had read about BitCoin you may know that the major advantage of the currency is its de-coupling from any Fed-controlled real (fiat) currencies. Hence the normal regulations that apply to currencies are not applicable atleast as of now in…
Nasdaq OMX Group Inc. expects to become the first major exchange operator to use the technology behind bitcoin when a project in its private-companies business goes live in the fourth quarter. The stock market operator is partnering with infrastructure provider Chain to use blockchain to issue and transfer the shares of privately held companies. Blockchain is…
One of the most heated discussions among bitcoin’s technical community so far in 2015 is how (and if) the bitcoin protocol should be adjusted to handle greater transaction volume. To facilitate that discussion, we’ve compiled extensive block chain and network data underpinning the debate. The full analysis will be published as a series and focus on objective…
One judge in Florida believes that if bitcoin isn t money, as the federal government says it is not via the IRS, then selling it can t mean you are an illegal money transmitter or, in the case she was considering, a money launderer. In this ruling from Florida Circuit Court Judge Teresa Pooler, Judge Pooler finds that defendant Michell Espinoza is not guilty…
At the moment there about 240 Bitcoin ATMs worldwide. And this happened in less than a year. However, many people compare this to standard bank ATMs, mentioning there are more than 2 million available worldwide today. Our answer would be: “Yes, and what?” How is it at all can be compared, when bank ATMs are there for more than 40 years now, and here we are talking…
The value of bitcoin is created by demand and offer by the need of market. If you want deeper estimation let assume two hypothetical examples: Hypothesis 1: * All people in USA has equal savings and all savings are in BC. BC is used only in USA * Average Savings Amount for Americans is 3, 800$. * USA population is 317, 161, Because the number of bitcoins is…
The San Diego County in South California is now home to its very first 2-way Bitcoin ATM machine. A new 2-way Bitcoin ATM – the first of its kind in San Diego County – was announced today by CoinStructive Inc., a Bitcoin marketplace consultant in partnership with CoinOutlet Inc., a U.S.-based hardware startup-centric to Bitcoin and manufacturer of this 2-Way…
