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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

Blockchain Returns to Apple iOS with New Bitcoin Wallet

Blockchain returns to the App Store with a totally rewritten wallet app for users of Apple's iPhone and iPad.

Posted on 28 July 2014 | 7:30 am

Blockchain's Bitcoin App Reinstated in Apple's App Store - Wall Street Journal (blog)


Wall Street Journal (blog)

Blockchain's Bitcoin App Reinstated in Apple's App Store
Wall Street Journal (blog)
The removal of the app infuriated bitcoin fans, some of whom smashed their iPhones – one went so far as to literally shoot it at a range. At the time, Apple didn't offer any official reason for the move, although it was widely assumed the company was ...
We Just Got A New Sign Apple Is Embracing BitcoinBusiness Insider
Blockchain Returns to Apple iOS with New Bitcoin WalletCoinDesk
Bitcoin Likely to Resume FallForex Market (blog)
newsBTC
all 5 news articles »

Posted on 28 July 2014 | 7:03 am

Bitcoin: The difference in Attitude is Education

This is a guest post by Naomi Brockwell. The media tends to focus on doom-and-gloom stories, because sensationalist headlines attract larger audiences. However, when journalists go so far as to misrepresent facts and sway the public in one direction or another, these stories can be dangerous. This is especially true when talking about a new technology that has the potential to change lives for the better. Public opinion can mean the difference between this potential being realised, or crushed completely. That is the situation with Bitcoin. The media frequently talks about Bitcoin now, but often misrepresents the facts. Coverage tends to focus on the negatives. Stories about money laundering, drug trading, exploded exchanges, and price crashes predominate. The coverage rarely […]

The post Bitcoin: The difference in Attitude is Education appeared first on Bitcoin Magazine.

Posted on 28 July 2014 | 7:00 am

Buying Your Next Car with Beepi

If you are looking to purchase a pre-owned vehicle with Bitcoin, look no further – Beepi has made it a possibility. With the help of BitPay, the California-based company has integrated bitcoin payment support for its continually expanding line-up of pre-owned automobiles. Beepi has become the first peer-to-peer marketplace to allow customers to purchase cars with bitcoin, further solidifying the role of digital currency in mainstream applications. Buying a car is a person’s second largest financial purchase and the integration of bitcoin payments further supports the company’s mission to create the most hassle-free way to purchase a vehicle online. What Beepi is doing is commendable, eliminating the stressful barriers that are often associated with purchasing an automobile. In addition, the […]

The post Buying Your Next Car with Beepi appeared first on Bitcoin Magazine.

Posted on 28 July 2014 | 6:00 am

The Truth About Bitcoin – Dispelling Common Myths About The Digital Currency

Bitcoin has become frequently talked about in the financial media. Despite this the general public is still relatively under informed when it comes to this digital currency. In a January 2014 poll it was found that only 25% of US adults were familiar with Bitcoin. This means that there is still significant room to educate the general public about the advantages of using a peer-to-peer digital currency. To address some of those knowledge gaps here are some of the most common myths about Bitcoin as well some of its key benefits. Myth #1: Bitcoin is no different to any other digital currency There have been many other digital currencies in the past, including Beenz, Liberty Dollars and eGold. However these […]

The post The Truth About Bitcoin – Dispelling Common Myths About The Digital Currency appeared first on Bitcoin Magazine.

Posted on 28 July 2014 | 5:22 am

UltraCoin 101

For the first time ever in human history, we can create unforgeable documents. This is thanks to the Blockchain. The Blockchain is a peer-to-peer ledger, owned by nobody, that creates and records all digital currency transactions using mathematics. The blockchain uses the computing power of the global public to solve these cryptographic problems that confirm transactions made using a digital currency such as bitcoin. The blockchain also stores aspects of each transaction made using the currency;  small transactions can be made in which any information is permanently stored; forever. Promises can be made and enshrined on the blockchain. This new form of promise, however, is different than the often broken ones we as humans are accustomed to. They will never […]

The post UltraCoin 101 appeared first on Bitcoin Magazine.

Posted on 28 July 2014 | 5:16 am

California Lawyer is Latest Congressional Candidate to Accept Bitcoin - CoinDesk


California Lawyer is Latest Congressional Candidate to Accept Bitcoin
CoinDesk
The Democrat representing California's 35th congressional district is a business owner and lawyer who specializes in technology and, more specifically, the Internet. Gagnier said that several of her constituents had asked if she would begin accepting ...

Posted on 28 July 2014 | 4:33 am

California Lawyer is Latest Congressional Candidate to Accept Bitcoin

Christina Gagnier, a Californian tech lawyer and business owner, is the latest congressional candidate to accept bitcoin donations.

Posted on 28 July 2014 | 4:22 am

Bitcoin Price Analysis – $590 Support Under Attack - CryptoCoinsNews


newsBTC

Bitcoin Price Analysis – $590 Support Under Attack
CryptoCoinsNews
Bitcoin price decline is on the cards again and, with it, the question: “Where will it end?” A week ago, the market-wide sense had been that a consolidation similar to late-May's pre-launch contraction was developing – only to shatter at the last moment.
Bitcoin Price Slumps Slightly Following Short Period of StabilitynewsBTC

all 2 news articles »

Posted on 27 July 2014 | 11:47 pm

CoinDesk Mining Roundup: Miner Meetups and Pool Pressures

In this week's mining roundup, a Las Vegas mining convention is set for October and reports say BTC Guild is considering closure.

Posted on 27 July 2014 | 2:45 pm

Bitcoin News in Review: $150 Bitcoin ATM, Most Expensive Bitcoin Painting ... - CryptoCoinsNews


CryptoCoinsNews

Bitcoin News in Review: $150 Bitcoin ATM, Most Expensive Bitcoin Painting ...
CryptoCoinsNews
This week, we looked at two high schoolers working on a $150 Bitcoin ATM, saw the most expensive Bitcoin painting ever sold, discussed the Etherium project's Ether presale, and more. We've also got a video this week put together by our own Calvin Tran.
Russia Hosts First International and All Russian Bitcoin Conference in St ...CoinTelegraph

all 4 news articles »

Posted on 27 July 2014 | 1:01 pm

$46k Spent on Bitcoin Mining Hardware: The Final Reckoning

Dario Di Pardo spent $46k on bitcoin mining hardware. Which companies came good on their promises?

Posted on 27 July 2014 | 9:55 am

Meet the Bitcoin Fans Behind Offline Messenger goTenna - CoinDesk


Meet the Bitcoin Fans Behind Offline Messenger goTenna
CoinDesk
“The tech-savvy bitcoin demographic is a perfect target consumer for goTenna because bitcoiners quickly understand goTenna's technology and appreciate our commitment to privacy and decentralisation,” explained Daniela Perdomo via email. Not that the ...

Posted on 27 July 2014 | 3:45 am

Bitcoin Shop CEO: We Plan to Be a Universal Bitcoin Solution

CoinDesk speaks to CEO Charles Allen to debunk misconceptions about the company and its goals in the bitcoin space.

Posted on 26 July 2014 | 7:20 am

Huobi: Regulated US Bitcoin Market Key to Our Expansion

CoinDesk sits down with Huobi's Wendy Wang to talk about the exchange's international ambitions.

Posted on 25 July 2014 | 3:36 pm

Kanye West Sues Coinye Altcoin into Oblivion

A lawsuit filed by Chicago rapper Kanye West against the developers behind Coinye West has concluded.

Posted on 25 July 2014 | 12:25 pm

New York's Financial Regulator, Benjamin Lawsky, Maintains Lead On Bitcoin ... - Forbes


Forbes

New York's Financial Regulator, Benjamin Lawsky, Maintains Lead On Bitcoin ...
Forbes
Nor was he willing to hear what Bitcoin operators had to say during his office's initial probe into the technology. At the time of his announcement, his office issued 22 subpoenas against Bitcoin-related entities without first consulting with industry ...
10 things bitcoin won't tell youMarketWatch
Bloomberg and Switch-Video explain the complicated process of Bitcoin miningTelegraph.co.uk
Bitcoin Tracker | Week 33PYMNTS.com
CryptoCoinsNews -SBS -Computer Business Review
all 31 news articles »

Posted on 25 July 2014 | 10:42 am

Ripple Labs CTO Designs Smart Contracts

Stefan Thomas is one of the more talented and respected developers in the space. An old hat at this young technology, he has been making waves as the CTO of Ripple labs. In a recent effort he has set his sights on smart contracts technology. The designs and implementation he and his team have come up with are interesting, to say the least. In a white paper entitled Smart Oracles, we see described a novel, simple, and flexible approach to smart contracts. In such a system, rules can be written in any programming language, and contracts can interact with any service that accepts cryptographically signed commands. The paper also includes an implementation of smart oracles, called Codius (based on the […]

The post Ripple Labs CTO Designs Smart Contracts appeared first on Bitcoin Magazine.

Posted on 25 July 2014 | 10:02 am

Bitcoin and Marx’s Theory of History

This article first appeared on page 26 of Issue 21. You probably don’t think about Marxism when you think about Bitcoin. To most people, Marx is known as the guy who didn’t like private property and capitalism in general. Bitcoin, a cryptocurrency with the ability to encourage markets by breaking down the worldwide barriers created by multiple national currencies, doesn’t seem like it has much to do with him. You would probably think that Marx wouldn’t like Bitcoin. But I don’t think so. I believe if Marx were around today he would see Bitcoin as an excellent example of his Theory of History in action; a global system, with roots in the crisis’ of capitalism, that will bring the world […]

The post Bitcoin and Marx’s Theory of History appeared first on Bitcoin Magazine.

Posted on 25 July 2014 | 9:49 am

#OffTheCouch: Award-winning Film Could Bring Bitcoin to 1,000 High Schools

The Corporation Film’s Crypto Challenge from Hello Cool World on Vimeo. For its 10th year anniversary, “The Corporation” is raising money for a re-release shown to 1,000 schools across North America. Their original fiat campaign closed at $30,000, and they’re hoping for a match from the cryptocurrency community. Campaign creator Kat Dodds is making this a race to the top for a special thanks section of the film that will feature the logos of the contributing cryptocurrencies. Students across 1,000 schools will receive a free lesson in corporate literacy and be exposed to Bitcoin for the first time. The updated version of the film will feature Bitcoin’s logo and explain to the audience how the film was able to get […]

The post #OffTheCouch: Award-winning Film Could Bring Bitcoin to 1,000 High Schools appeared first on Bitcoin Magazine.

Posted on 25 July 2014 | 9:34 am

Building a Bitcoin Economy: How to Close the Loop

This guide is a continuation of a previous article at http://bitcoinmagazine.com/13104/building-bitcoin-economy-stimulate-adoption/ If you or someone in the area has been preaching crypto for a while, you probably have a few nearby businesses accepting Bitcoin by now. This is an important first step, and worthy of celebration over a few Bitcoin beers. Bitcoin evangelism never sleeps, however, so it’s time to grow the seeds you’ve sown into a sustainable Bitcoin economy. But before you get started, heed what I’ve learned from my latest efforts. When you first bring cryptocurrency adoption to a community, it’s necessary to rely on promises of publicity, delivered in the form of organized events and media attention. The novelty will soon wear off, however, and you can’t volunteer […]

The post Building a Bitcoin Economy: How to Close the Loop appeared first on Bitcoin Magazine.

Posted on 25 July 2014 | 9:29 am

AirBaltic Waives Controversial Bitcoin Transaction Fee

Following criticism, Latvian airline AirBaltic has done away with its €5.99 charge for flights purchased with bitcoin.

Posted on 25 July 2014 | 7:48 am

OKCoin Denies Manipulating Bitcoin Trading Volumes

The exchange says strange movements in volume statistics stem from price stagnation and its switch to a new domain.

Posted on 25 July 2014 | 6:09 am

Austria Offers ‘Contradictory’ Guidance on Bitcoin’s Financial Status

Two ministers have given new guidance on tax and accounting rules for bitcoin, but some advice varies, say commentators.

Posted on 25 July 2014 | 4:11 am

Ecuador Bans Bitcoin, Plans Own Digital Money

The National Assembly of Ecuador has created a new electronic 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 provides a visual recap of The North American Bitcoin Conference, held last weekend in Chicago.

Posted on 24 July 2014 | 2:45 pm

airBaltic - World’s First Airline To Accept Bitcoin

Posted on 22 July 2014 | 11:03 am

Expedia to accept Bitcoin payments for hotel bookings

Posted on 12 June 2014 | 12:41 pm

Bitcoin Core version 0.9.1 released

Posted on 8 April 2014 | 4:27 pm

Bitcoin taxfree in Denmark

Posted on 25 March 2014 | 5:46 pm

Bitcoin v0.9.0 released

Posted on 19 March 2014 | 6:44 am

Bitcoin-Qt v0.9.0rc3 released

Posted on 13 March 2014 | 3:21 am

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

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

Coinbase Now Requires Two Factor Authentication For Certain Actions

Coinbase now requires two-factor authentication (also known as 2FA) for certain transactions and changes to an account. The one primarily dealt with in their blog post, seen here, is sending

The post Coinbase Now Requires Two Factor Authentication For Certain Actions appeared first on Bitcoin Blogger.

Posted on 15 January 2014 | 1:58 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

‘Almost Human’, A Fox Network Show, Has Shown Bitcoin In The Future

Readers! I present to you two video clips from two separate episodes of ‘Almost Human’, Fox’s newest sci-fi show. To quote Jesús Cripto of CCN: Anyways, it’s likely you haven’t heard

The post ‘Almost Human’, A Fox Network Show, Has Shown Bitcoin In The Future appeared first on Bitcoin Blogger.

Posted on 7 January 2014 | 4:01 pm

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

Major Chinese BTC Exchange OKCoin Facing Allegations

OKCoin, touted as the second biggest Chinese exchange, second only to BTC China in volume, is being accused of trading with fake data. Following the ruling that Chinese banks and

The post Major Chinese BTC Exchange OKCoin Facing Allegations appeared first on Bitcoin Blogger.

Posted on 23 December 2013 | 2:23 am

Advertise with Anonymous Ads

Bitcoin Billboards Appearing Around Los Angeles

This story first appeared in CCN. Los Angeles residents driving near the area of Robertson and Cadillac might notice a new unusual advert on the billboard at 2363 S Robertson

The post Bitcoin Billboards Appearing Around Los Angeles appeared first on Bitcoin Blogger.

Posted on 20 December 2013 | 11:45 am

July 28, 2014 -
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