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What is Bitcoin?

Bitcoin is a digital crypto-currency with no single point of failure due to its decentralized peer-to-peer architecture. The source code is publicly available and changes to the reference Bitcoin client are made via concensus within the community. Advantages of Bitcoin include irreversible transactions (i.e. no possibility of chargebacks as with credit cards), pseudo-anonymous, limited and fixed inflation, near instant transactions, multi-platform, no double-spend and little to no barriers to entry and more. It was created by an anonymous person known as Satoshi Nakamoto. Find out more at WeUseCoins.com.

Bitcoin Latest News

Coin Congress Day 2: Bitcoin Industry Bullish in Face of Obstacles

The second day of Coin Congress in San Francisco leaned heavily on investment, adoption and technology issues.

Posted on 24 July 2014 | 10:30 pm

Ecuador Bans Bitcoin in Legislative Vote

The National Assembly of Ecuador has created a new digital currency, while banning bitcoin and other decentralized alternatives.

Posted on 24 July 2014 | 9:52 pm

Barry Silbert Resigns SecondMarket CEO Position

Bitcoin entrepreneur Barry Silbert is stepping down as CEO of SecondMarket to focus solely on bitcoin ventures.

Posted on 24 July 2014 | 4:02 pm

High-Performance PC Maker Alienware Adds Bitcoin Payments

Gaming PC specialist Alienware, an independent company owned by Dell, is now officially accepting bitcoin.

Posted on 24 July 2014 | 3:43 pm

Gallery: Bitcoin Community Spirit Shines at TNABC Chicago - CoinDesk


Gallery: Bitcoin Community Spirit Shines at TNABC Chicago
CoinDesk
Whether it was PayPal and Blockchain coming to the stage for a discussion on bitcoin's future or bitcoin wallet provider Pheeva and block chain API maker Chain holding an impromptu photo session, the event succeeded at showcasing the strong sense of ...

Posted on 24 July 2014 | 2:56 pm

Gallery: Bitcoin Community Spirit Shines at TNABC Chicago

CoinDesk provides a visual recap of The North American Bitcoin Conference, held last weekend in Chicago.

Posted on 24 July 2014 | 2:45 pm

Bitcoin Price Drops Below $600 After Relative Stability - CoinDesk


CoinDesk

Bitcoin Price Drops Below $600 After Relative Stability
CoinDesk
“In any other time, in any part of 2013, and even before that, an event like Dell [taking bitcoin], would have shot the price up by 20-50%,” said Mark Lamb, chief executive of London-based exchange Coinfloor, which has been growing its daily trading ...
What's happening with the Bitcoin Price?CryptoCoinsNews
Bitcoin starts to come of age as price stabilisesMoney Observer
Bitcoin On The Cusp, But In Which Direction?Investing.com
NASDAQ -ForexMinute.com -Forex Market (blog)
all 13 news articles »

Posted on 24 July 2014 | 2:26 pm

Bitcoin Price Drops Below $600 After Relative Stability

Big news should cause big price moves, right? Apparently not, as long stable BTC prices declined below $600 today.

Posted on 24 July 2014 | 2:02 pm

Can Bitcoin Be Stable Long Term? - Bloomberg


Can Bitcoin Be Stable Long Term?
Bloomberg
July 24 (Bloomberg) -- BitPay Co-Founder and Executive Chairman Tony Gallippi Bloomberg Businessweek's Brendan Greeley discuss how Bitcoin is being used. They speak on “Bloomberg West.” (Source: Bloomberg). Please enable JavaScript to view the ...

and more »

Posted on 24 July 2014 | 12:11 pm

Move over Dogecoin, Bitcoin may be about to enter NASCAR - CryptoCoinsNews


CryptoCoinsNews

Move over Dogecoin, Bitcoin may be about to enter NASCAR
CryptoCoinsNews
bitcoin nascar NASCAR fans might get even more, perhaps unwanted, exposure to digital currency this year. Only months ago, Josh Wise was racing under the Dogecoin name. Now, rookie driver Alex Bowman and the BK racing team are embracing Bitcoin ...
Crowdfunding Campaign Aims to Promote Bitcoin at NASCARCoinDesk
NASCAR Driver Supports Crowdtilt Campaign to Bring Bitcoin to Sprint Cup SeriesCrowdfund Insider
New Crowdfunding Campaign Aims to Bring Bitcoin to NASCARnewsBTC
Bitcoin Magazine
all 6 news articles »

Posted on 24 July 2014 | 11:47 am

Coinsetter Exits Beta to Target Institutional Traders

New York-based bitcoin exchange Coinsetter has lowered fees to 0.10% following its official launch.

Posted on 24 July 2014 | 9:38 am

Beyond New York: What Lies Ahead for Bitcoin

Contrary to some statements, bitcoin's fate will not be decided by lawmakers and regulators in the next 18 months

Posted on 24 July 2014 | 8:57 am

NASCAR Sprint Cup Driver Alex Bowman Embraces Bitcoin and Announces Support for Bitcoin Crowdfunding Effort

Rookie driver, Alex Bowman, is embracing the use of Bitcoin in what is the first chance to bring Bitcoin to the NASCAR stage. A press release from the team was released this morning.   BITCOIN AND NASCAR COME TOGETHER IN THE FIRST CROWDFUNDING EFFORT FOR A SPRINT CUP DRIVER Alex Bowman, rookie driver for BK Racing, embraces the use of Bitcoin and emerging payment technologies. STATESVILLE, NC — JULY 24 — Today, NASCAR driver Alex Bowman and his team, BK Racing, announce their support of a Bitcoin crowdfunding effort, named Bitcoin23, to bring a Bitcoin themed car to the NASCAR Sprint Cup Series. The campaign starts today and runs until August 20, and will be instrumental in the continued growth […]

The post NASCAR Sprint Cup Driver Alex Bowman Embraces Bitcoin and Announces Support for Bitcoin Crowdfunding Effort appeared first on Bitcoin Magazine.

Posted on 24 July 2014 | 7:20 am

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Bloomberg and Switch-Video explain the complicated process of Bitcoin mining - Telegraph.co.uk


CryptoCoinsNews

Bloomberg and Switch-Video explain the complicated process of Bitcoin mining
Telegraph.co.uk
Bitcoin is a virtual currency, or “cryptocurrency”, that first appeared on the radar in 2009 after an anonymous creator “buried” 21 million coins online. Bitcoin mining is the complicated process through which new Bitcoins are made. So how does it work?
DigitalBTC achieves 'complete payback' of Bitcoin mining investmentThe Australian
Bitcoin Mining Energy Consumption And Other Bitcoin Research PapersCryptoCoinsNews
DigitalBTC Reports Early Success on Australian Securities ExchangeCoinDesk

all 22 news articles »

Posted on 24 July 2014 | 3:47 am

Mt. Gox Bitcoin investors voice anger after creditors meet - ZDNet


Yahoo News

Mt. Gox Bitcoin investors voice anger after creditors meet
ZDNet
Investors from failed Japanese Bitcoin exchange, Mt. Gox, are livid following the first creditors meeting Wednesday in Tokyo, where questions remain unanswered over the loss of some US$500 million worth of Bitcoins. A group of more than 100 investors ...
Mt. Gox trustee considering paying creditors in BitcoinCoinReport
Angry Bitcoin investors demand answers at Tokyo creditors' meetYahoo News
Angry Bitcoin Investors Come Up Empty Handed At Creditors Meet in TokyoFinancialbuzz.com

all 27 news articles »

Posted on 23 July 2014 | 11:06 pm

Coin Congress Day 1: Debate Over New York Regulation Rages On

The first day of Coin Congress consisted of opinions on the NYDFS framework and an interesting BTC trading presentation.

Posted on 23 July 2014 | 9:04 pm

Auction of Bitcoins.com Domain Name Halted By US Court

A US district court has ordered Tibanne KK to cancel the auction of Bitcoins.com after a protest from CoinLab.

Posted on 23 July 2014 | 4:10 pm

Barry Silbert Leads $250,000 Investment in Mexican Bitcoin Exchange Volabit

Barry Silbert's Bitcoin Opportunity Corp has invested $250,000 in Volabit, the startup formerly known as Coincove.

Posted on 23 July 2014 | 1:35 pm

World’s First Airline to Accept Bitcoin Misses a Big Opportunity

AirBaltic may be the first airline to accept cryptocurrency, but the transaction fee is missing the point of bitcoin.

Posted on 23 July 2014 | 12:31 pm

ZipZap Expands Bitcoin Buying Service to 34 European Countries

Transaction network ZipZap has announced that consumers across 34 countries will soon be able to use its cash-to-bitcoin services.

Posted on 23 July 2014 | 10:44 am

Bitcoin Sign-Ups for Intuit QuickBooks ‘Higher than Expected’

CoinDesk speaks to the developers behind the first of what could be many Intuit products integrated with bitcoin.

Posted on 23 July 2014 | 9:40 am

Mt. Gox Trustee Will Consider Returning Bitcoin Unconverted - Wall Street Journal


The Australian Financial Review

Mt. Gox Trustee Will Consider Returning Bitcoin Unconverted
Wall Street Journal
TOKYO—An official responsible for the assets of Mt. Gox told creditors he would consider returning the bitcoin that remains with the defunct exchange without converting it into regular currencies, people who attended a closed meeting with creditors said.
Mt. Gox trustee leaves door open to revival of Bitcoin exchangePCWorld
Japan's BitFlyer Raises $1.6 Million for Bitcoin Exchange ExpansionCoinDesk
Ex-Goldman Trader's Bitcoin Exchange to Fill Mt. Gox VoidBusinessweek
Financial Times -Investing.com -Forex Market (blog)
all 23 news articles »

Posted on 23 July 2014 | 6:15 am

Ethereum Launches Own ‘Ether’ Coin, With Millions Already Sold

The presale of Ethereum's own platform-specific altcoin kicked off last night, with sales already booming.

Posted on 23 July 2014 | 5:30 am

Why I

Some people ask me why I love Bitcoin so much, given that I (at the time of this writing) don’t have very much. I wear Bitcoin shirts, talk about it way too much, and have convinced dozens of businesses to adopt it–I even got a Bitcoin tattoo on my left shoulder, paid for in BTC. No wonder they ask. Usually, I just shrug it off (the question, not the tattoo), and say that I hate the government. That is fairly correct, but it’s not the real reason I’m so passionate about cryptocurrency. While Bitcoin certainly is able to fix some of our world’s biggest problems, and I’d like to think my motivations are as logical as that, the deeper reasons are more […]

The post Why I appeared first on Bitcoin Magazine.

Posted on 22 July 2014 | 4:59 pm

Sovereignty 2.0

We are living in a new world.  As Andreas Antonopoulos put so eloquently, “now that we have crypto-currencies, it’s not sovereignty that determines currency, it’s currency that creates sovereignty.” Bitcoin has helped declare independence for the Internet, and it appears it will continue to disrupt the status quo until that independence is recognized.  If we’ve learned anything from P2P technology, it’s that our rules bend around the tech, not the other way around. But if our rules bend around the tech, could we one day be living in a world where our borders do too? Take the concept of decentralized autonomous states, or society if you like. The idea is that a political faction could be distributed throughout a global […]

The post Sovereignty 2.0 appeared first on Bitcoin Magazine.

Posted on 22 July 2014 | 4:54 pm

German Newspaper "taz" accepts Bitcoin

Posted on 22 July 2014 | 1:32 pm

airBaltic - World’s First Airline To Accept Bitcoin

Posted on 22 July 2014 | 11:03 am

Bitcoin to Earth: Don’t Look Now, but your Paradigm is Shifting

There is one thing stronger than all the armies in the world, and that is an idea whose time has come. - Victor Hugo.  French poet and writer. 1802 – 1885 Historians may look back on these current days with fascination.  We may be living through the beginning of one of the biggest paradigm shifts in modern human history. The way the world actually thinks about money and stored value might be changing in a tidal wave of recognition. This article will define what a paradigm is and what a paradigm shift looks like.  Perhaps we may understand how to prepare and perhaps benefit from the embryonic beginnings of what may one day be seen as a titanic shift. The […]

The post Bitcoin to Earth: Don’t Look Now, but your Paradigm is Shifting appeared first on Bitcoin Magazine.

Posted on 22 July 2014 | 9:52 am

Our Uncoinventional Journey to Bitcoin Boulevard US

Last month our family spent nearly a month living on the road while spending only Bitcoin. During the course of our travel we were invited via Twitter to make a change to our route so we could experience the cutting edge Bitcoin Boulevard, founded by Nikhil Chand and his amazing wife, Rebecca. The pair has helped dozens of restaurants and shops set up to accept Bitcoin through BitPay. We immediately changed our route to include an overnight stop in Cleveland Heights, Ohio so we could test out the local Bitcoin scene and get to know their community. When we pulled up to their vintage 1920s house, Nikhil and Rebecca were waiting for us in their driveway. They helped us unload […]

The post Our Uncoinventional Journey to Bitcoin Boulevard US appeared first on Bitcoin Magazine.

Posted on 19 July 2014 | 3:59 pm

Constructive Reflections on Bitcoin in the Beltway

This past month was the Bitcoin in the Beltway Conference held in Washington, D.C. The event was planned by Jason King, who recently ran 3,214 miles on a tour called “Bitcoin Across America”. The Conference took place at the Marriott Renaissance in Downtown D.C. and proceeds went to King’s organization, Sean’s Outpost, a homeless outreach and advocacy group that operates on bitcoin donations. King defies the laws of physics with the amount of energy he pours into his advocacy. In addition to literally running across the country for Bitcoin and organizing this major event in D.C., he is also a regular speaker at BTC events across the country and a dedicated philanthropist. The event featured speakers such as Patrick Byrne, […]

The post Constructive Reflections on Bitcoin in the Beltway appeared first on Bitcoin Magazine.

Posted on 19 July 2014 | 3:06 pm

Uncoinventional Tour in Review, Our Month on the Road Spending Bitcoin Only

Uncoinventional: the Tour in Review Last month, our family traveled the U.S. spending only bitcoins.  We documented our travels for Bitcoin Magazine through a live blog.  As we embarked on this journey, I had no idea what I had got myself into. Still, I felt compelled to try. For those of you who weren’t following our ups and downs in realtime, here are the highlights: The Numbers The trip took a total of 24 days and brought us to stops in 12 cities. We traveled a total of 4,600 miles and pumped gas 16 times. We stayed in eight hotels, crashed in three guest bedrooms and camped at one campground. We paid seven businesses directly with Bitcoin and used three […]

The post Uncoinventional Tour in Review, Our Month on the Road Spending Bitcoin Only appeared first on Bitcoin Magazine.

Posted on 19 July 2014 | 2:09 pm

Cable TV Joins Digital Currency Network, DISH Network to Accept Bitcoin

Bitcoin, a digital currency once described by critics as unusable, unreliable and even a scam, has defied those remarks as it becomes accepted by a company maintaining over 14 million subscribers and employing 34,000 workers. DISH executive vice president and chief operating officer, Bernie Han, said beginning in July the satellite TV company will accept digital coins through the payment processor, Coinbase. Coinbase is a bitcoin consumer wallet and merchant payment processor that powers 1.3 million consumer wallets, and supports 31,000 merchants. The payment processor, Coinbase, will convert bitcoins to cash using their “Instant Exchange” feature, in order to prevent DISH from being affected by value fluctuations. Coinbase was chosen as the payment processor due to their significantly lower operational […]

The post Cable TV Joins Digital Currency Network, DISH Network to Accept Bitcoin appeared first on Bitcoin Magazine.

Posted on 18 July 2014 | 9:03 am

Expedia to accept Bitcoin payments for hotel bookings

Posted on 12 June 2014 | 12:41 pm

Bitcoin taxfree in Denmark

Posted on 25 March 2014 | 5:46 pm

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Mt.Gox Bankcrupty Protection

Posted on 28 February 2014 | 8:39 am

Added Bitcoin Central to bitcoincharts.com

Posted on 26 February 2014 | 3:21 pm

Washington Dispensary Now Takes Bitcoin for Cannabis

Posted on 7 February 2014 | 5:39 am

Blockchain banned from App Store

Posted on 7 February 2014 | 5:35 am

C.A.T. Cryptsy Auto Trader Prints Money All Day Long!

If you’re like me, you know nothing about daytrading. While I was always interested in it, I lacked the time of day to learn about it, and didn’t have much

The post C.A.T. Cryptsy Auto Trader Prints Money All Day Long! appeared first on Bitcoin Blogger.

Posted on 14 January 2014 | 7:53 pm

Bitcoin In The Beltway: Washington D.C. Bitcoin Conference June 20th-22nd

Bitcoin conventions and conferences are a great way for locals to network and hear motivating words from industry leaders.  More and more Bitcoin Conferences are happening each and every year

The post Bitcoin In The Beltway: Washington D.C. Bitcoin Conference June 20th-22nd appeared first on Bitcoin Blogger.

Posted on 6 January 2014 | 2:50 pm

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Bitcoin is no Dinosaur, Doomed to be Extinct, it’s Something Else Entirely

In Stephen Mihm’s latest article in the Bloomberg Opinion section, he calls Bitcoin, in the title of the article no less, a “High-Tech Dinosaur Soon to Be Extinct”. Well, to

The post Bitcoin is no Dinosaur, Doomed to be Extinct, it’s Something Else Entirely appeared first on Bitcoin Blogger.

Posted on 2 January 2014 | 8:59 am

Incentives, Make-Believe Money, and Pretend-to-be-a-day-trader Day

I worry sometimes, folks. Usually about things other than Bitcoin, because it needs time to mature and make its own mistakes. But still, sometimes I worry about it. My biggest

The post Incentives, Make-Believe Money, and Pretend-to-be-a-day-trader Day appeared first on Bitcoin Blogger.

Posted on 23 December 2013 | 7:04 pm

Someone Attempted to Trademark Bitcoin Again

Marvin Dennis of East London attempted to file a trademark claim over Bitcoin on Nov. 5th, full application seen here. This application is rather… odd though. The filing itself is,

The post Someone Attempted to Trademark Bitcoin Again appeared first on Bitcoin Blogger.

Posted on 23 December 2013 | 6:20 pm

Alleged Silk Road Administrators Arrested in Virigina, Australia, and Ireland

TechCrunch reported on rumors of arrests of some Silk Road administrators earlier this week, and those rumors have been confirmed. According to an official announcement  from the Southern District of

The post Alleged Silk Road Administrators Arrested in Virigina, Australia, and Ireland appeared first on Bitcoin Blogger.

Posted on 21 December 2013 | 10:34 pm

July 25, 2014 -
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