http://www.coindesk.com/yuan-trades-now-make-70-bitcoin-volume/The majority of bitcoin transactions carried out over the last 30 days came from yuan trades, it has been revealed. China-based exchange BTC China tweeted that a total of 71% of bitcoin trades last month could be attributed to yuan users – the Chinese market, in other words.
|
|
|
|
http://www.cryptocoinsnews.com/do-free-bitcoin-sites-work/?utm_source=rss&utm_medium=rss&utm_campaign=do-free-bitcoin-sites-workGoogle the phrase “free bitcoin” and you won’t be disappointed with the number of results. What you will be disappointed with however is the nature of the sites claiming to offer “free” bitcoins. As the old saying goes: “Nothing in life is free.” What these sites actually do is require you to perform time consuming tasks for a few measly satoshi (0.00000001 Bitcoin) which you will probably never see in any useable form as the sites have payout minimums that are impossible to reach. I decided to trawl through some of the top results for this search in an attempt to actually use them.
|
|
|
|
http://www.bostonglobe.com/business/2014/09/04/mit-coop-accept-bitcoin-payments/fkd1gsN3QdIw9reffU7VNM/story.htmlFrom T-shirts to trinkets bearing the school logo, the COOP store at the Massachusetts Institute of Technology lets shoppers show off their high-tech bona fides. Now there’s another way: Customers can pay for their purchases using the electronic currency bitcoin. The campus bookstore says it is the first in the nation to accept bitcoin, a fringe payment system that is gaining popularity for its low transaction fees and perceived security. Several major retailers, including Amazon, Target, and Victoria’s Secret, accept bitcoin payments.
|
|
|
|
http://www.wired.com/2014/09/bitcoin-exchange-ceo-pleads-guilty-in-silk-road-case/Robert Faiella and Charlie Shrem opted to travel down a crooked path—running an illegal money transmitting business that catered to criminals bent on trafficking narcotics on the dark web drug site, Silk Road,” Manhattan U.S. Attorney Preet Bharara said in a statement. “The approximately $1 million in Bitcoins Faiella and Shrem sold to these outlaws cost them a lot more than they bargained for and bought them today’s convictions.
|
|
|
|
http://www.theregister.co.uk/2014/09/03/asf_bitcoing/Accepting Bitcoin allows donors to the Apache Software Foundation the benefit of digital currency exchange no matter where they reside,” ASF said in a statement. Founded in 1999 Apache is home to the much-loved HTTP Apache Server. Since then its empire has expanded dramatically to encompass more than 200 other open-source projects and initiatives.
|
|
|
|
http://cointelegraph.com/news/112428/if-you-dont-have-a-bitcoin-strategy-you-will-regret-it-in-5-years-fran-strajnar-bravenewcoincomFran Strajnar is a serial-entrepreneur. After having done the corporate circuit with some of New Zealand’s leading tech vendors as a BDM or Project Manager, he decided to work for himself and began experimenting with his own business ideas which included a bio-chemical startup as well as some dabbling in the electronic cigarettes market. One of his latest ventures in the pipeline is BTM Ltd. – a company that focuses on brining Bitcoin ATMs to New Zealand. He is also the founder of bravenewcoin.com, a popular Bloomberg-type resource for cryptocurrencies. Additionally, Fran is the organizer of Bitcoin South, the first ever Cryptocurrency conference in New Zealand slated for November 29-30.
|
|
|
|
http://bostinno.streetwise.co/all-series/winners-of-the-mit-bitcoin-competition-bitcoin-at-mit/The MIT BitComp served as a summer-long competition, and was designed to have students develop innovative bitcoin-related apps. The contest was broken up into three rounds, the first of which 82 undergraduates, 20 graduate students, 14 alumni and one sole high school student participated in. Team Ethos picked up prizes in the first and second rounds of the competition, according to CoinDesk, and eventually went on to receive the first-place, grand prize of $5,000. Developed by MIT Media Lab graduate students Guy Zyskind and Amir Lazarovich, as well as bitcoin entrepreneur Oz Nathan, Ethos offers a "decentralized blockchain." Or rather, a platform to help users control and maintain their personal data online.
|
|
|
|
http://www.fxempire.com/technical/technical-analysis-reports/will-bitcoin-continue-the-slide-despite-positive-data/After breaking through the $500 mark in the downward direction, the Bitcoin price stumbled to the $470 and is just bouncing back. Bitcoin has made a 1.03% gain in the past 24 hours. It seems as the downward trend that started in July is going to continue in the first week of August. Nevertheless, more positive fundamental news today for Bitcoin enhances the long-term outlook. For example, a report from the Canadian press shows that a small, but growing, number of workers are demanding to be paid in Bitcoin, instead of Canadian dollars. However, one analyst suggests that payrolls in virtual currencies will not expand beyond the technology sector as there are limited places to spend these currencies.
|
|
|
|
http://www.idigitaltimes.com/fappening-jennifer-lawrence-kate-upton-and-other-fapture-victims-may-be-center-perfect-bitcoin-crimeThe Fappening has affected Jennifer Lawrence, Victoria Justice and various other popular starlets thanks to an iCloud hack. We can't say for sure whether or not the ambitious hacker reverse engineered passwords from email addresses Honan style or took advantage of a security hole, but one thing is for certain: the nudes are out there. And the anonymous hacker has already made a pretty penny from Bitcoin and PayPal donations from what seems to be just the tip of the iceberg. Which makes one wonder: what is about to fappen? And will the iCloud hacker/Fapture initiater ever be brought to justice?
|
|
|
|
https://coinreport.net/coming-demise-bitcoins-sole-reign-part-2/Universal acceptance of multiple currencies at first seems like a near-impossibility, but it’s actually an eventual certainty. The cost for accepting Bitcoin is very, very low, and the additional cost of accepting, say, Bitcoin and Litecoin, is actually extremely, extremely minimal. Once you have a system that accepts one, accepting another very similar currency is trivial. As such, if one cryptocurrency can gain universal acceptance – which would occur necessarily if Bitcoin rises to global prominence – it follows that in the theoretical world where two or more cryptocurrencies are of equivalent market capitalization and liquidity, they will both be universally accepted. It’s a three-step process:
|
|
|
|
http://cointelegraph.com/news/112403/charges-reduced-charlie-shrem-agrees-to-plea-dealThere have been at least three major cases filed against individuals recently that involved trading or selling Bitcoin in some manner or the other. One such case is U.S. v. Faiella, U.S. District Court, Southern District of New York, No. 14-cr-00243, which involved two defendants, Robert Faiella and Charlie Shrem, was at least halfway settled on Friday when Charlie Shrem agreed to a plea deal with US prosecutors. The case involved the two defendants allegedly attempting to sell more than US$1 million in digital currency on the Silk Road.
|
|
|
|
http://www.sulphurdailynews.com/article/20140831/NEWS/140839972/-1/newsBitcoins have also been the subject of scrutiny due to concerns that it can be used for illegal activities. The bitcoin system has been characterized by many journalists and economists as a Ponzi scheme. One European bank reportedly stated that it was not easy to assess whether the system actually worked like a pyramid or Ponzi scheme. Bitcoin supporters disagree.
|
|
|
|
http://businessinsavannah.com/bis/2014-08-30/bitcoins-what-you-need-know-about-cryptocurrency#.VAK6FaOrYU8Speculators who rushed to purchase bitcoin were disappointed, however, as it subsequently lost more than half its value, dropping to its current worth of approximately $588. Clearly, no business with a 3 percent profit margin wants to accept such a volatile form of exchange. Returns also could present problems for retailers who accept bitcoin. Imagine an item purchased for one-tenth of a bitcoin, which is returned a few weeks later. The customer expects to receive one-tenth of a bitcoin in return for the item, but the value of one bitcoin has risen from $500 to $700 in the meantime.
|
|
|
|
|
Show Posts
