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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

Bitstars.ph 'Selfie' Contests Reward Winners with Bitcoin - CoinDesk


CoinDesk

Bitstars.ph 'Selfie' Contests Reward Winners with Bitcoin
CoinDesk
Now, as well as 'liking' a photo, you can also leave a small bitcoin tip for the user. Tips average around 8 mBTC, and the site has a daily competition for the most popular selfies. Prizes range from about 200 pesos ($5) to 500 pesos ($12), which ...

Posted on 31 July 2014 | 2:12 am

Las Vegas Strip's first Bitcoin ATM becomes operational - VEGAS INC


TechCrunch

Las Vegas Strip's first Bitcoin ATM becomes operational
VEGAS INC
As with a regular ATM, people who use this Bitcoin version can deposit funds into online accounts or withdraw cash. But instead of using a debit card to access a bank account, customers can convert their cash to Bitcoins or vice versa by inputting ...
Robocoin Opens The First Bitcoin ATM In Vegas, BabyTechCrunch
New Zealand Bitcoin ATM Operator Shuts Down After Bank RefusalsCoinDesk
Las Vegas Strip's first bitcoin ATM now operatingKVVU Las Vegas
Las Vegas Review-Journal -Finextra
all 26 news articles »

Posted on 30 July 2014 | 10:44 pm

Bitstars.ph ‘Selfie’ Contests Reward Winners with Bitcoin

Bitstars.ph is promoting bitcoin in the Philippines via daily contests and crypto prizes for most popular selfies.

Posted on 30 July 2014 | 10:13 pm

Patrick Byrne: Overstock Exploring Block Chain-Based Public Stock Offering

Overstock CEO Patrick Byrne is considering issuing 'cryptosecurities' using block chain technology, saying it will help erase global corruption.

Posted on 30 July 2014 | 4:42 pm

Tokyo Police Launch Investigation into Missing Mt. Gox Bitcoin

The Tokyo Police investigation will focus on 27,000 BTC suspected to have been stolen from Mt. Gox.

Posted on 30 July 2014 | 3:46 pm

Wikimedia Foundation Now Accepts Bitcoin

Posted on 30 July 2014 | 3:14 pm

BTCTrip: We Accept Bitcoiners

You have probably heard it a hundred times by now: we accept bitcoins… This “we accept bitcoins” phrase is perhaps the latest marketing craze that has engulfed many e-commerce sites and traditional brick & mortar stores. Although many businesses accept your alternative currency, not many of them go further than that. Well, BTCTrip doesn’t just accept bitcoins, they accept bitcoiners. That’s what sets this travel site apart from the rest. Accepting bitcoiners means catering to the wants of bitcoin users by paying employees in bitcoin, offering more than discounts, and promoting the space. Martin Fernandez, the co-founder of BTCTrip, was described by Vitalik Buterin as “the archetypal Bitcoin user.” It is no wonder why: Fernandez has been in the tech […]

The post BTCTrip: We Accept Bitcoiners appeared first on Bitcoin Magazine.

Posted on 30 July 2014 | 2:47 pm

New York’s BitLicense Proposal: The View from China

Prominent members of China's bitcoin ecosystem discuss the possible effects of proposed US regulations on the industry.

Posted on 30 July 2014 | 2:30 pm

Real value of Bitcoin - The Hill (blog)


Real value of Bitcoin
The Hill (blog)
The Bitcoin Foundation, the leading association for the digital currency of the same name lost one of their highest profile members last week when Andreas Antonopolous resigned over what he described as “a complete lack of transparency.” Antonopolous ...

Posted on 30 July 2014 | 2:03 pm

Bitcoin Raises Its Washington Profile to Silicon Valley's Dismay - Bloomberg


Associations Now

Bitcoin Raises Its Washington Profile to Silicon Valley's Dismay
Bloomberg
The Bitcoin Foundation's executive director, Jon Matonis, travels the world to promote the virtual currency as a replacement for traditional money. Some of his members want him to focus on a less lofty goal: helping them make lots of old-fashioned cash.
Bitcoin Foundation Unveils New User-Friendly WebsiteCoinDesk
Bitcoin Foundation Reveals New Branding, WebsitenewsBTC
Social Media Roundup: The New Face of BitcoinAssociations Now

all 5 news articles »

Posted on 30 July 2014 | 1:08 pm

Overstock to Extend Bitcoin Payments to Global Customers

Overstock's international customers will soon have the option to pay for the company's e-commerce products in bitcoin.

Posted on 30 July 2014 | 12:25 pm

Bitcoin Magazine Congratulates Team Member, Vitalik Buterin

Bitcoin Magazine would like to congratulate former Lead Writer and now Editorial Board Member, Vitalik Buterin, on his receipt of the Peter Thiel Fellowship Award. Vitalik is the mastermind behind the Ethereum Project. As a 20 year old, his development experience is extensive with involvement in Bitcoin, KryptoKit, and the Dark Wallet. Through the Peter Thiel Fellowship program, Vitalik will receive a grant of $100k to span over two years so he can focus full time on the Ethereum project and further decentralized developments. In addition to funding, all fellows will receive guidance on entrepreneurship and startups. Congratulations, Vitalik! The Thiel Foundation issued the following press release on the award and recipients: PETER THIEL ANNOUNCES 2014 CLASS OF THIEL FELLOWS […]

The post Bitcoin Magazine Congratulates Team Member, Vitalik Buterin appeared first on Bitcoin Magazine.

Posted on 30 July 2014 | 12:00 pm

Bitcoin is barely regulated — and these congressmen want to keep it that way - Washington Post (blog)


New York Times

Bitcoin is barely regulated — and these congressmen want to keep it that way
Washington Post (blog)
Conversation at the evening event buzzed for a few minutes when the three congressmen hosting “Bitcoin Demo Day” stopped by to shake hands and pick up fliers. But for much of the event, bitcoin start-up vendors and entrepreneurs outnumbered their ...
Proposed Rules Expose Rifts Among Bitcoin EnthusiastsNew York Times
Bitcoin? There's an ATM for thatChicago Tribune
Gold Bugs Meet Bitcoin Believers to Supplant the DollarBloomberg
CoinTelegraph -Business in Vancouver -The Telegram
all 93 news articles »

Posted on 30 July 2014 | 11:59 am

Why The Bitcoin Price Is Going Down - CryptoCoinsNews


International Business Times UK

Why The Bitcoin Price Is Going Down
CryptoCoinsNews
bitcoin trend is point down To be clear right from the start: You won't find a definite answer in this article. There are many theories why the price is going down, and it is interesting and insightful to look at them. There might be one that you ...
Bitcoin Price Drops for 12th Consecutive DayInternational Business Times UK
Bitcoin rises for first time in 6 days after hitting 1-month lowInvesting.com
Bitcoin Technical Analysis 31st JulyForexMinute.com
DailyForex.com -NASDAQ -CoinDesk
all 11 news articles »

Posted on 30 July 2014 | 11:21 am

Wikipedia Now Accepts Bitcoin Donations

Wikipedia's parent company, the Wikimedia Foundation, now accepts bitcoin donations thanks to a partnership with payment processor Coinbase.

Posted on 30 July 2014 | 11:19 am

Bitcoin Foundation Unveils New User-Friendly Website

The Bitcoin Foundation has launched a new-look website featuring various resources on bitcoin and the organization itself.

Posted on 30 July 2014 | 10:07 am

You Can Now Donate to Wikipedia in Bitcoin - TIME


TechCrunch

You Can Now Donate to Wikipedia in Bitcoin
TIME
The Wikimedia Foundation, the non-profit responsible for Wikipedia, said Wednesday that it will accept donations of the digital currency Bitcoin. “It has always been important to the Foundation to make sure donating is as simple and inclusive as ...
Wikipedia Begins Taking Donations in BitcoinNew York Times
Wikipedia Now Accepts Bitcoin DonationsCoinDesk
BitBeat: Wikipedia Adopts BitcoinWall Street Journal (blog)
TechCrunch -International Business Times UK -CryptoCoinsNews
all 17 news articles »

Posted on 30 July 2014 | 10:07 am

Blockchain is Back! Relaunches on Apple App Store, Completely Revamped Android Wallet App

Apple users and bitcoiners can now breathe a little easier. Six months after Apple removed the Blockchain wallet app from the App Store, Blockchain is back. The company made the announcement this morning, just days after the release of a completely revamped Blockchain Android app, which was initially unveiled at the North American Bitcoin Conference in Chicago. When the original iOS app was banned by Apple in January there were over 1,000 news stories that covered the development. Apple seems to have gotten the idea. Although Apple has not directly stated their support of Bitcoin and other payment technologies, it seems they have changed their stance on the type of approved applications within the App Store. It is most definitely […]

The post Blockchain is Back! Relaunches on Apple App Store, Completely Revamped Android Wallet App appeared first on Bitcoin Magazine.

Posted on 30 July 2014 | 7:02 am

Advertise with Anonymous Ads

DAC Sun Limited Launches first official Bitshares X Chain for Distributed “Trading” of Commodities and Stocks.

On July 19th, Bitshares announced that its Hong Kong-based partner DACS Unlimited is launching the first official, live Bitshares X chain. Bitshares X is the stock- and commodities-focused product of Bitshares, which aims to be a multipurpose platform for distributed versions of everything from insurance to music retailing. This makes Bitshares, arguably, the first functional iteration of what’s known as a Distributed Autonomous Corporation – essentially, a distributed, centreless system much like the Bitcoin network, but able to execute commands more complicated than ‘buy’ and ‘sell,’ and with a wider variety of resources. That could mean this counts as a victory for Bitshares over its main conceptual competitor, Ethereum, a DAC platform that is still in the proof of concept phase. […]

The post DAC Sun Limited Launches first official Bitshares X Chain for Distributed “Trading” of Commodities and Stocks. appeared first on Bitcoin Magazine.

Posted on 30 July 2014 | 7:02 am

Bitcoins Affected by New York’s BitLicense May Trade at Discount

Savvy traders could profit handsomely from the bitcoin arbitrage opportunities presented by a future BitLicense, argues Jon Matonis.

Posted on 30 July 2014 | 6:47 am

Dogecoin Core Development Interview

Dogecoin, born in jest, is now serious business. A major payment processor already supports Dogecoin payments. This has opened up the coin to a huge selection of international merchants. One such merchant is Hustler Magazine, which recently confirmed it would start accepting payments in Dogecoin. Dogecoin is also being embraced by new exchanges, including those in the lucrative Chinese market. Most importantly, the community seems as vibrant and passionate as ever. This is important. However, it matters little if there is no one maintaining the protocol and ensuring both the integrity and security of the network. Fortunately for Dogecoin the core development team is equally as passionate. They are increasingly becoming recognised as one of the most active and productive […]

The post Dogecoin Core Development Interview appeared first on Bitcoin Magazine.

Posted on 30 July 2014 | 6:07 am

CoinSafe Releases ‘Virtual Bitcoin ATM’ Apps for Merchants

CoinSafe says its new software allows businesses to trade bitcoins directly with walk-in customers.

Posted on 30 July 2014 | 5:19 am

New Zealand Bitcoin ATM Operator Shuts Down After Bank Refusals

A New Zealand bitcoin ATM operator is the latest to fall victim to the banking industry's digital currency barriers.

Posted on 29 July 2014 | 7:49 pm

Cypherpunk Comic ‘Hunt for Satoshi Nakamoto’ to launch Crowdfund on SWARM platform

Alex Preukschat, Josep Busquet and José Ángel Ares García, the trio behind ‘The Hunt for Satoshi Nakamoto’, the new Bitcoin Comic which previewed at CoinSummit and was recently written up on CoinDesk are gearing up to launch their project kickstarter style on the new SWARM platform which recently raised over $1,000,000 worth of Bitcoin in startup capital. Preukschat says he wants to take 1,000 pre-orders of the comic before it goes to print and those who sign up will receive crypto-tokens from the SWARM platform in return for their donations allowing them access to perks and special offers in future like limited edition artwork cover for the comic books and T-Shirts. Crowdfunding on a Bitcoin-only platform makes a lot of sense to Preukschat whose basic goal is to educate […]

The post Cypherpunk Comic ‘Hunt for Satoshi Nakamoto’ to launch Crowdfund on SWARM platform appeared first on Bitcoin Magazine.

Posted on 29 July 2014 | 7:03 pm

Abstractly Represented Money: Introducing Metamoney

Part of this article appears in Issue 20 In his pocket, Joe has an old leather wallet. It contains enough banknotes to buy him a brand new wallet of a better model he saw in a magazine. This buying power is exclusive to him, who alone can use those bills to buy something. Likewise, if he transfers them to another person, then instead of him, only this other person will own their buying power. However, although Joe’s transferring away his banknotes can always transfer along their control, it could never transfer along their whole property, which is not only his. The bills, as possibly distinct from their purchasing power, do not belong to him alone. For example, he has no […]

The post Abstractly Represented Money: Introducing Metamoney appeared first on Bitcoin Magazine.

Posted on 29 July 2014 | 6:00 pm

Steve Stockman: New York’s Bitcoin Regulation Could Crush the Industry

In a new interview with CoinDesk, US Representative Steve Stockman explores the complex regulatory challenges facing bitcoin today.

Posted on 29 July 2014 | 4:07 pm

ZipZap Raises $1.1 Million to Grow Global Bitcoin Payments Network

ZipZap has raised $1.1m in new funding with the goal of becoming the leading payment network for digital currencies.

Posted on 29 July 2014 | 3:20 pm

Arizona's first bitcoin machine broken by lightning strike - azcentral.com


Business Insider

Arizona's first bitcoin machine broken by lightning strike
azcentral.com
The electricity in the air over Arizona's first bitcoin ATM proved too much for the machine, which was knocked out of commission after lightning struck Bookmans Entertainment Exchange in Tucson Friday said Brian Williams, founder of Javelin Investments ...
Chicago's First Bitcoin ATM Debuts in LakeviewDNAinfo
CoinSafe Releases 'Virtual Bitcoin ATM' Apps for MerchantsCoinDesk
One Of America's First Bitcoin ATMs Was Fried By A Lightning StrikeBusiness Insider
Daily Mail -Chicago Business Journal
all 21 news articles »

Posted on 29 July 2014 | 2:32 pm

To Dream Of Bitcoin

Ancient Greek philosophers learned the importance of dreams: that dreams tied into our reality somehow, but notably that we must first dream of something before we can make it reality. Man told stories and dreamed of flying to the moon, and then with dreams created for generation after generation, we achieved it. Marked by Neil Armstrong’s famous words “That’s one small step for man, one giant leap for mankind.” Bitcoin was a dream, the want and need for change, born from a desire burning in everyone. For if what Bitcoin brings and promises was not what we all desired, then surely, for whatever our reasons, we would not be drawn to it as we are. For many of us the start […]

The post To Dream Of Bitcoin appeared first on Bitcoin Magazine.

Posted on 29 July 2014 | 1:40 pm

Bitcoin Exchange ANX Adds Features to iOS and Android Apps

Hong Kong-based multi-currency exchange ANX has upgraded its iOS and Android apps with features for traders and consumers.

Posted on 29 July 2014 | 7:45 am

Arizona’s First Bitcoin ATM Struck by Lightning

Arizona's first and only bitcoin ATM has been knocked out of action by a lighting strike.

Posted on 29 July 2014 | 5:34 am

Coinapult Launches LOCKS, Aiming to Eliminate Bitcoin Price Volatility

Coinapult's LOCKS service allows consumers to reduce their exposure to bitcoin's volatility by pegging their BTC to another asset.

Posted on 28 July 2014 | 11:00 pm

German Newspaper "taz" accepts Bitcoin

Posted on 22 July 2014 | 1:32 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

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

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

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 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

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 31, 2014 -
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