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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

Top 5 Women in the Bitcoin World Today - Coinreport


Top 5 Women in the Bitcoin World Today
Coinreport
Bitcoin is a new digital form of money that has been created to simplify and protect transactions all throughout the world. It is used from China, to Australia, to the USA. However, bitcoin's demographic mainly centralizes around males. This isn't to ...

Posted on 18 April 2014 | 8:05 pm

Xapo's Wences Casares Talks Bitcoin Safety and How a Patagonian Goddess ... - Re/code


Xapo's Wences Casares Talks Bitcoin Safety and How a Patagonian Goddess ...
Re/code
Actually, among all the bitcoiner fans in Silicon Valley — and they are wearying as the most irritating of missionaries can be in their efforts to convert you into the bitcoin religion — Casares is often mentioned as among the most dedicated and ...

and more »

Posted on 18 April 2014 | 2:33 pm

Can Wearable Tech and Bitcoin Revamp Mobile Payments?

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 really enjoy shopping from Overstock.com with Bitcoin

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

Investors attempt to save MtGox bitcoin exchange - The Guardian


The Guardian

Investors attempt to save MtGox bitcoin exchange
The Guardian
MtGox, formerly the world's biggest bitcoin exchange, is the subject of a rescue attempt from a group of investors who want to save it from liquidation. Tokyo-based MtGox dealt a severe blow to bitcoin's reputation when it fell victim to an apparent ...
Mt. Gox suitors seek support to save bitcoin exchangeReuters UK
Mt. Gox Suitors Launch Last-Ditch Bid To Revive Bitcoin ExchangeWall Street Journal
Save MtGox - Bitcoin Important Implications of Going DownThe Market Oracle
Reuters
all 81 news articles »

Posted on 18 April 2014 | 12:46 pm

This week in bitcoin: Another creator, another MtGox failure - GigaOM


Sci-News.com

This week in bitcoin: Another creator, another MtGox failure
GigaOM
Szabo, a respected blogger, was identified as a potential creator of bitcon after a forensic linguistics study said his writing patterns had an “uncanny” likeness to that of the original bitcoin paper. The Aston University study matched a different ...
Or maybe this is the person who invented BitcoinCBS News
Bitcoin Creator 'Satoshi Nakamoto' Unmasked–Again?Wall Street Journal (blog)
'The Rise and Rise of Bitcoin': An Exclusive First LookMashable
Sci-News.com -Phys.Org -Slate Magazine (blog)
all 40 news articles »

Posted on 18 April 2014 | 11:06 am

BitPay developers broadcast first Copay multisig transaction from Tucuman, Argentina

submitted by ryancarnated link 17 comments

Posted on 18 April 2014 | 11:00 am

LocalBitcoins Releases Investigation Report on Site Wallet Issues

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

Why Does Ron Paul Think Bitcoin Does Not Fit The Definition Of Money? - Forbes


Why Does Ron Paul Think Bitcoin Does Not Fit The Definition Of Money?
Forbes
Bitcoin is a very interesting subject because for many years in Congress, I was a champion of legalizing competition in currencies. We have a terrible monetary system today. We have a government that purposely counterfeits and debases the currencies ...

Posted on 18 April 2014 | 10:36 am

Sims 2 – Million Dollar Challenge! – Finale (Part 2) – Pink

Thumbnail

Total Series Length: 28 Hours 21 Minutes and 27 Seconds Total Video File Sizes: 28gb Neighborhood Download: https://www.mediafire.com/?2h2z2dhzejvg22y Neighborhood File Size 44.66mb MAKE...

Posted on 18 April 2014 | 10:30 am

100 Bitcoin Bigfoot Brochures just arrived at my doorstep! ;)

submitted by micro23 link 54 comments

Posted on 18 April 2014 | 10:29 am

The Bitcoin Word Game

How specific words and phrases are being crafted in an attempt to shape the public's perception of bitcoin.

Posted on 18 April 2014 | 9:02 am

Texas's Greg Abbott Welcomes the 'Bitcoin Community' to His Campaign - The Wire


The Wire

Texas's Greg Abbott Welcomes the 'Bitcoin Community' to His Campaign
The Wire
Bitcoin users tend to be young, white, libertarian males. This is partly because Bitcoin is completely decentralized and outside the Federal Reserve's purview. While Abbott isn't one of the politicians calling to "End the Fed," he is definitely a ...
Bitcoin not gaining traction despite Abbott's embraceAmarillo.com
Don't mess with Texas – or its bitcoin contributionsMarketWatch (blog)
Abbott Campaign Accepting Bitcoin ContributionsCBS Local
Dallas Morning News (blog)
all 77 news articles »

Posted on 18 April 2014 | 7:56 am

Former Neo & Bee Employees Release Damning Statement

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

The full picture of former Neo & Bee employees

Following the latest statement released by Danny Brewster, CEO of Neo & Bee Ltd, we, the personnel involved at an executive level within Neo and Bee, feel it is appropriate and justified to make the following statement regarding the mistruths and outright lies being fed to investors, creditors and the public. In the interests of preserving the potential that the company can be turned around, we had remained silent on the matter up to this point. The senior management team would like to extend their deepest ...

Posted on 18 April 2014 | 4:14 am

Ron Paul: Bitcoin is not ‘True Money’

US Congressman Ron Paul doesn't believe bitcoin is ‘true money’, but he's still a big fan of the concept.

Posted on 18 April 2014 | 4:04 am

When you can and can’t rely on 0 confirmations

submitted by BitFast link 3 comments

Posted on 18 April 2014 | 1:34 am

Well I prefer the ? symbol because it actually works!

submitted by Vaultoro link 44 comments

Posted on 17 April 2014 | 11:21 pm

LocalBitcoins Names Malware As Cause of Wallet Issues

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

Texans for Greg Abbott to Accept Bitcoin Contributions

This afternoon, Texans for Greg Abbott announced acceptance of Bitcoin for campaign donations. Greg Abbott is running as the Republican candidate in the Texas Gubernatorial race. Striving to be a cutting edge candidate, Abbott stated, “I’m excited to see our campaign add another tool to our cutting-edge digital outreach, which is allowing us to reach more Texans than any previous campaign in the state.” It is great to see that Abbott as well as other policymakers note the opportunities Bitcoin has to promote free market economics and ingenuity across the board. Abbott’s campaign will certainly not be the first to embrace Bitcoin in the 2014 election cycle. Abbott’s campaign team published the following press release: April 17, 2014 For Immediate […]

The post Texans for Greg Abbott to Accept Bitcoin Contributions appeared first on Bitcoin Magazine.

Posted on 17 April 2014 | 2:08 pm

China’s Banks Close More Bitcoin Accounts Following PBOC Deadline

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

Blockchain Buys Rights to Bitcoin.com Domain Name - Wall Street Journal (blog)


Blockchain Buys Rights to Bitcoin.com Domain Name
Wall Street Journal (blog)
And, as of today, essentially that's Blockchain. The online wallet company acquired a five-year lease to this rather fancy piece of digital real estate for an undisclosed amount. The first thing you can't help but notice on the new site is the word ...
Nic Cary is the proud new owner of Bitcoin.comUpstart
Blockchain Strikes Big! Gets Five Year Deal to Manage Bitcoin.comCoinreport
Blockchain.info Signs 5-Year Deal to Manage 'Bitcoin.com'CoinDesk
newsBTC -ForexMinute.com -TheDomains.com
all 12 news articles »

Posted on 17 April 2014 | 10:15 am

The Evolution of Bitcoin, from Behind a Berlin Bar

Celebrating three years accepting bitcoin, bar owner Joerg Platzer reflects on bitcoin's evolutionary changes from the merchants' side.

Posted on 17 April 2014 | 9:31 am

Blockchain.info Signs 5-Year Deal to Manage ‘Bitcoin.com’

The company says it is positioning itself to build its profile in the bitcoin community and drive consumer adoption.

Posted on 17 April 2014 | 8:02 am

MaidSafe Makes Data Safe

If you can understand the organization of ants, you can understand MaidSafe.[1] 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

Is This $11m Yacht The Most Expensive Thing You Can Buy With Bitcoin?

A yacht priced at 22,305.134 BTC ($11,000,000) may be the most expensive bitcoin product ever.

Posted on 17 April 2014 | 5:41 am

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Watch 'Bitcoin Uprising' - CNBC.com


Watch 'Bitcoin Uprising'
CNBC.com
Bitcoin. Digital gold rush or a shadowy tool empowering criminals on the dark web? What is really driving The Bitcoin Uprising? CNBC's Mary Thompson takes an in-depth look at this emerging digital currency by speaking to the bitcoin faithful, who ...
CNBC Explores BitcoinBitcoin Magazine
CNBC Chronicles Bitcoin in “Bitcoin Uprising” DocumentarynewsBTC

all 4 news articles »

Posted on 17 April 2014 | 4:30 am

Dogecoin Founder, Enthusiasts Set For San Francisco Convention

Dogecon SF will bring the area's dogecoin community together to celebrate its history over panel talks, food and fun.

Posted on 16 April 2014 | 3:16 pm

Blockchain Awards to Honor Bitcoin Leadership at Bitcoin 2014

Blockchain and the Bitcoin Foundation will co-present the Blockchain Awards at the Bitcoin 2014 Conference in Amsterdam next month.

Posted on 16 April 2014 | 2:16 pm

Tokyo court: Bitcoin exchange Mt. Gox will liquidate - USA TODAY


Vancouver Sun

Tokyo court: Bitcoin exchange Mt. Gox will liquidate
USA TODAY
Mt. Gox, the Tokyo-based Bitcoin exchange that collapsed earlier this year after $425 million worth of its customers' digital currency disappeared, lost its bid to reorganize and will likely be liquidated, a Japanese bankruptcy court administrator said ...
Troubled Bitcoin exchange Mt. Gox reportedly asks court to be liquidatedFox News
Mt Gox Bitcoin exchange enters administrationFinancial Times
Bitcoin exchange shutting down after court rejects bankruptcy protectionAustin American-Statesman
New York Times -Vancouver Sun
all 304 news articles »

Posted on 16 April 2014 | 2:06 pm

Survey Says: Bitcoin Magazine is Considering Categories

  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 help@bitcoinmagazine.com.

The post Survey Says: Bitcoin Magazine is Considering Categories appeared first on Bitcoin Magazine.

Posted on 16 April 2014 | 12:42 pm

Transaction Rights: The Necessary Product of Block Chaining

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

CNBC Explores Bitcoin

CNBC.com has released their digital documentary “The Bitcoin Uprising” this morning. The documentary follows cnbc.com reporter Mary Thompson into the world of bitcoin, from home-based mining operations to the deep web.  Thompson and one of her producers, Karina Frayter, decided to create this piece after realizing that a 1-minute ‘hit’ (or story) on the currency was too difficult to do.  The documentary will only be available online, as that is the “most appropriate place for it, considering the bitcoin community is completely immersed in the digital world,” Thompson explains. Thompson’s journey through the bitcoin sphere started from a place of “pure curiosity.”  However, she quickly recognized that this new technology had many “strong voices backing it, and strong voices criticizing […]

The post CNBC Explores Bitcoin appeared first on Bitcoin Magazine.

Posted on 16 April 2014 | 6:00 am

Side Chains: The How, The Challenges and the Potential

Disclosure: the author of this article is the founder and Chief Scientist of the Ethereum project Last week, Adam Back and Austin Hill came out with an announcement on Let’s Talk Bitcoin, in which they announced their newest project: “sidechains”. The idea, they described, would allow for the existence of alternative blockchains, perhaps with different rules allowing various kinds of additional features or transaction types, but with a currency unit whose value is pegged to that of the bitcoin. The intent is to allow experimentation with different extensions to the Bitcoin protocol, using separate networks to avoid any risk to Bitcoin itself, while still using the same underlying currency unit. As soon as the idea was announced, there has been […]

The post Side Chains: The How, The Challenges and the Potential appeared first on Bitcoin Magazine.

Posted on 15 April 2014 | 3:08 pm

Weaving Is A Better Metaphor for Bitcoin, Instead of Mining

In order to create a broad appeal for the concepts behind cryptocurrencies clear communication is crucial. Some of the terminology used in describing Bitcoin has been widely accepted, and taken as a given, almost unchangeable feature of cryptocurrencies. Other, more precisely codified components of the protocol can be changed as long as there is consensus around the usefulness of this change and more than 50% of the people running the Bitcoin network accept the new version. The metaphors and the corresponding terms used to  describe how Bitcoin works can also be updated, or even radically changed, if we think that the change would provide value. Why would we do that? As Bitcoin becomes mainstream, or aims to do so, one of […]

The post Weaving Is A Better Metaphor for Bitcoin, Instead of Mining appeared first on Bitcoin Magazine.

Posted on 15 April 2014 | 1:54 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 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

Problem with transactions

Posted on 10 February 2014 | 6:07 am

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

Czech ISP accepts bitcoin

Posted on 3 February 2014 | 2:58 pm

7 eleven and bookstores accepts Bitcoin - in Mexico

Posted on 1 February 2014 | 12:51 pm

parfuemerie.de accepts Bitcoin

Posted on 1 February 2014 | 12:42 pm

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Bitcoin v0.9.0rc1 released

Posted on 1 February 2014 | 12:05 pm

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

‘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 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

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

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

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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

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

April 19, 2014 - Advertise with Anonymous Ads
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