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Why bitcoin needs a marketing campaignCNBC.com
"It's hard for me to say that bitcoin
is going to be the dominant virtual currency of the future," Lucas said. "If someone came up with a virtual currency that people understood and whose value did not fluctuate as much, well, then it might become the ...
Posted on 20 April 2014 | 8:12 am
As the mining industry evolves, there are always new products and services hitting the market for enterprising cryptocurrency entrepreneurs.
Posted on 20 April 2014 | 6:30 am
Bitcoin: Making sense of noncentsCrain's Detroit Business
transactions are included in a shared public transaction log known as a "block chain." This is to confirm that the party spending the bitcoins
really owns them. It's also meant to prevent fraud and double-spending. However, there are no ...
Posted on 20 April 2014 | 6:08 am
John Law recaps the week's news and forecasts the future, in his final column for CoinDesk.
Posted on 20 April 2014 | 4:24 am
Jason Tyra examines the most significant bitcoin news from the world’s regulators and law courts.
Posted on 19 April 2014 | 6:51 am
Sports gambling in America is big business. It is also, largely, illegal. According to the National Gambling Impact Study Commission, nearly $400 billion is wagered on sports by United States citizens during a given year, with only $3.5 billion of those bets being placed at legal books in Nevada. With only one state offering legal sports betting, how is it that U.S. citizens are able to gamble so much on games? While a significant portion of illegal gambling is still done in person, the internet has allowed the popularity of the pastime to soar. Widely used sites such as Bovada and 5Dimes that are based outside of U.S. jurisdiction (Canada and Costa Rica, respectively) offer gamblers a way to get […]
The post Betting on the Blockchain: Sports Gambling and Bitcoin appeared first on Bitcoin Magazine.
Posted on 18 April 2014 | 7:47 pm
The Bitcoin Job Fair in Silicon Valley is set for those seeking employment in the cryptocurrency industry.
Posted on 18 April 2014 | 2:59 pm
Wearable technology and bitcoin could reinvigorate the mobile payments industry, but a number of challenges need to be addressed.
Posted on 18 April 2014 | 1:30 pm
I just think it's great. I'm a member of Club "O" which only cost me $5 for a year. Free shipping on everything, and 5% back on every purchase. Usually the items I need are cheaper on Overstock than other sites. Things like electronics, home appliances, etc etc. I noticed silly things like candles are crazy expensive so I'm guessing that's where they make a lot of money. I just feel like I have similar thinkings to the founder of...
Posted on 18 April 2014 | 12:47 pm
Posted on 18 April 2014 | 12:46 pm
Dogecon, new GPUs and the potential future of payments – these and more in this week's All Things Alt.
Posted on 18 April 2014 | 12:05 pm
Posted on 18 April 2014 | 11:06 am
CryptoCurrency Convention 4/9/14 - Dan Larimer Bitshares Have you ever had a hard time explaining bitcoin? The Very 1st CryptoCurrency Convention was an overwhelming success in solving that...
Posted on 18 April 2014 | 11:05 am
submitted by ryancarnated link 17 comments
Posted on 18 April 2014 | 11:00 am
Following yesterday’s statement from LocalBitcoins regarding issues with its wallet service, the website has released its follow-up investigation report. The report focused in part on claims that the site’s two-factor authentication failed to prevent a wallet breach. LocalBitcoins also addressed the cause of withdrawal delays that took place as users tried to move their bitcoins […]
Posted on 18 April 2014 | 11:00 am
Posted on 18 April 2014 | 10:36 am
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Posted on 18 April 2014 | 10:29 am
More than a few easter eggs in our bitcoin ATM coverage as we spin around the world this week.
Posted on 18 April 2014 | 9:59 am
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Posted on 18 April 2014 | 7:56 am
The Law Society is urging people to leave instructions for their intellectual property and digital media in their wills.
Posted on 18 April 2014 | 7:29 am
Written by Ivan Raszl,GM of MediaBistro, blogger at Bitcoin Owl and associate at Inside Bitcoins Conference. Originally posted at http://bitcoinowl.com/everything-starting-fall-place-bitcoin Bitcoin is a fairly new phenomena. Nobody at this stage can be sure if it will survive its infancy. But, if we look at the major issues and opportunities surrounding this new technology the signs seem to be all aligning for an exciting two years. Developing world joining Bitcoin‘s adoption in the West may be considered slow considering the advantages it offers. And there is a good reason for this. Most westerners in general do not need Bitcoin. We have a fairly good banking system and we can afford the costs associated with it. We accept the yearly $100-200 bank […]
The post Everything is Starting to fall in place for Bitcoin appeared first on Bitcoin Magazine.
Posted on 18 April 2014 | 6:57 am
submitted by -Mahn link 62 comments
Posted on 18 April 2014 | 6:36 am
Former employees of Neo & Bee have given their explanation on the demise of the Cyprus-based bitcoin company.
Posted on 18 April 2014 | 6:25 am
Find out our top bitcoin stories from the past seven days in this week's video roundup.
Posted on 18 April 2014 | 2:53 am
submitted by BitFast link 3 comments
Posted on 18 April 2014 | 1:34 am
submitted by Vaultoro link 44 comments
Posted on 17 April 2014 | 11:21 pm
LocalBitcoins users are reporting that their wallets have been emptied and that transactions via the service have been delayed.
Posted on 17 April 2014 | 3:20 pm
A former US government consumer finance watchdog has come out in support of bitcoin.
Posted on 17 April 2014 | 1:25 pm
Adam Draper, CEO of Boost VC, talks to CoinDesk about his commitment to accelerate 100 bitcoin startups by 2017.
Posted on 17 April 2014 | 12:05 pm
There is continued uncertainty for China's bitcoin exchanges tonight as some reported verbal closure notices from banking partners.
Posted on 17 April 2014 | 10:35 am
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If you can understand the organization of ants, you can understand MaidSafe. Alone, by itself, an ant is both vulnerable and easily marginalized. Yet when working with the rest of the colony, ants with roughly the same petite attributes can take down larger prey, clear paths and protect the mound from disasters (both natural and man-made). I spoke with David Irvine, the CEO of MaidSafe and he used this type of analogy to describe how the decentralized attributes of MaidSafe works. MaidSafe bills itself as a wholly decentralized internet wherein it acts as a decentralized storage platform available to anyone globally. Over the past 8 years, the team has concocted a cauldron of algorithms which harmonize, orchestrate and control individual […]
The post MaidSafe Makes Data Safe appeared first on Bitcoin Magazine.
Posted on 17 April 2014 | 6:00 am
Posted on 16 April 2014 | 2:06 pm
Bitcoin Magazine is currently considering breaking up the magazine into categories. The motivation for this is a desire for our readers to know what section they are in without looking at the table of contents. We also want to group similar stories near each other and possibly color code our sections to assist in automaticity while navigating through the magazine. We also want these sections to reflect our readers favorite areas of interest, and hope this poll will help us as we consider using categories/sections to group magazine content. If you want to suggest a different category please enter it in the comments or email firstname.lastname@example.org.
The post Survey Says: Bitcoin Magazine is Considering Categories appeared first on Bitcoin Magazine.
Posted on 16 April 2014 | 12:42 pm
This guest post by Ian Grigg is reprinted with permission from financialcryptography.com. 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 occurred in the Netherlands, in the late 1980s, which makes it around 25 years ago or 20BBTC. In the middle of the night, the petrol stations in the remoter areas were being raided for cash, and the operators were unhappy putting guards at risk there. But […]
The post A Quick History of Cryptocurrencies BBTC — Before Bitcoin appeared first on Bitcoin Magazine.
Posted on 16 April 2014 | 10:10 am
Peercoin was the first Bitcoin-based monetary system to use proof-of-stake as a mechanism to ensure its own integrity. However, there are some objections to Peercoin’s proof-of-stake model. This article presents those objections along with a similar system redesigned to address them. In a simplified version of Peercoin’s proof-of-stake design, each node can use part of its balance as a stake allowing it to chain blocks. The bigger that stake, the more chances this node has of increasing the block chain. The reward for chaining blocks is 1% of the used stake as newly minted coins, annually. Conversely, making transactions requires paying a fee that destroys 0.01 coins per transaction. For example, after having chained a block using one coin of […]
The post Transaction Rights: The Necessary Product of Block Chaining appeared first on Bitcoin Magazine.
Posted on 16 April 2014 | 10:07 am
Beginning Monday, technology enthusiasts in Brazil became able to convert the Brazilian Real to Bitcoin using a Bitcoin vending machine, also known as a Bitcoin ATM. The unveiling marks the first Bitcoin ATM to be installed in Latin America, with a permanent position at a Sao Paulo bar which is already accepting Bitcoin. As the popularity of digital currency in Latin America continues, many businesses and individuals are taking advantage of the benefits that this new payment method provides. For businesses in developing countries, Bitcoin gives businesses the ability to end costly trade restrictions that decrease profits and hinder their ability to compete in the global marketplace. Bitcoin can also cut transaction fees associated with debit and credit card transactions. […]
The post First Bitcoin ATM Lands in Latin America appeared first on Bitcoin Magazine.
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