Gemini, the long-awaited New York-based bitcoin exchange founded by Cameron and Tyler Winklevoss and billed as the "Nasdaq of bitcoin", finally debuted on 8th October.

Featured in articles by The Financial Times, TechCrunch and Wired, and promoted via a TV appearance on Fox News, Gemini it succeeded in grabbing the attention of the mainstream media like few industry products before it.

While a success in terms of promotion, however, Gemini is showing signs it is struggling to appeal to bitcoin's active trading community. Though representatives of the exchange stated they're seeking to attract a more institutional clientele than their competitors, avid bitcoin traders tell CoinDesk that they believe this strategy will be difficult to execute.


here is the full article : http://www.coindesk.com/winklevoss-bitcoin-exchange-gemini-win-traders/

Anyone knows how much is the trading volume on their website comparing to the other exchanges ? it's kinda crappy because they don't make their price or their stats on the first page and we can't make an account unless we are from USA .

International premium gourmet coffee producer Pihatt Coffee has officially begun accepting bitcoin payments on the company’s online store.


To da moon Bitcoin , to da moon . It has been a great week honestly and the price is rising .
Happy reading : http://cointelegraph.com/news/115417/good-morning-vietnam-worlds-first-coffee-producer-accepting-bitcoin

It took them some time really .. but they finally did it and I guess that's the important thing .

The number of reachable nodes has declined further following an "attack" that overloaded the bitcoin network.

Last week, an unknown actor sent a deluge of spam that left bitcoin's nodes – the clients that store and relay transactions – with upwards of 88,000, or 1GB worth, waiting in their collective memory pool.

Happy reading : http://www.coindesk.com/bitcoin-node-numbers-fall-after-spam-transaction-attack/

I was wondering how secure is it to hold seed of Electrum or Multibit or any other wallet into a phone (not a smartphone) , just something simple, I have something like this : http://www.amazon.com/samsung-gt-e1086-dual-band-ringtones-organizer/dp/b00495yfg2?tag=indifash06-20

Can this kind of things gets hacked since it have no access to internet or anything .

[New details have emerged about Russian payments giant Qiwi's plans to issue its own cryptocurrency.Russian-language bitcoin news site ForkLog spoke with Qiwi communications director Konstantin Koltsov and Alexei Arkhipov, who is overseeing the project, about the "bitruble", which made waves in Russian media circles last month after the firm announced its intentions.Russian government officials like financial ombudsman Pavel Medvedev later denounced the plan, but the company has moved ahead, filing for relevant trademarks and floating the notion of backing the currency with commodities.]

New details have emerged about Russian payments giant Qiwi's plans to issue its own cryptocurrency.

Russian-language bitcoin news site ForkLog spoke with Qiwi communications director Konstantin Koltsov and Alexei Arkhipov, who is overseeing the project, about the "bitruble", which made waves in Russian media circles last month after the firm announced its intentions.

Russian government officials like financial ombudsman Pavel Medvedev later denounced the plan, but the company has moved ahead, filing for relevant trademarks and floating the notion of backing the currency with commodities.

Happy reading : http://www.coindesk.com/qiwi-bitruble-russias-bitcoin-ban/

“As the above chart shows, the price has broke above the 50 day EMA, which could set up for a move to test big resistance in the US$255-$260 range.”

The Price has not only broken through the 50 day EMA, but has now moved above the 100 day EMA as well.  A test of the 200 day at ~US$256 should occur. However, a lot of energy has been spent and the RSI is getting near an oversold level. It’s looking more like it will reject a move above the key US$255-$260 level, at least initially. Below is a daily chart of the bitcoin price.

Charts & full article  : http://cointelegraph.com/news/115407/bitcoin-price-analysis-is-volume-preceding-price

If you have ideas about features that are not on the current faucets around the web then please throw them at me , I'am currently making a project and building a new faucet (Of course it will be from scratch and Iwon't be using third party websites to withraw funds like FaucetBox or anything like that) ! thank you

Hacking scandals have swept the commercial retail and digital currency sectors for the least three years, and it doesn’t seem to be letting up. Purse.io, the relatively new P2P service provider that links Bitcoin to Amazon, has allegedly lost the Bitcoin funds of many of its users, causing the site to shut down on Sunday.

So they didn't got screwed with shitload of coins like some people claimed .
happy reading : http://cointelegraph.com/news/115404/purseio-shuts-down-site-denies-bitcoin-theft-claims-by-users

I was just on Bitcoin.org to link someone to a wallet and I've seen the warning on the top of the page so I thought I should share it with you guys , I'am not a user of Bitcoin core anymore but here :

https://bitcoin.org/en/alert/2015-10-12-upnp-vulnerability

I never heard of this websites but I saw one or two users speaking about it on the forums so I thought on making this topic to see if people know Loanbase.com or not and what's are there experience with it .
It seems like they have a decent amount of borrowers and also funded shitload of $ (BTC) . Anyway I'd like to hear from people and know more about this service and  if it's legit what's the difference between this one and BTCJam .

[Three months ago, Chris Gledhill was an innovation technologist at one of the UK's largest banks, Lloyds.While it was a great job, he told CoinDesk, it was also incredibly frustrating. The scale of the bank meant he had insight into clear problems with the financial system, but it also meant he lacked any ability to change them.So, he quit. Now, with the help of three (unnamed) co-founders Gledhill is building a 'blockchain-inspired' challenger bank, Secco.The aim is simple, he says: "To disrupt banking from the outside in, rather than the inside out."]

Three months ago, Chris Gledhill was an innovation technologist at one of the UK's largest banks, Lloyds.

While it was a great job, he told CoinDesk, it was also incredibly frustrating. The scale of the bank meant he had insight into clear problems with the financial system, but it also meant he lacked any ability to change them.

So, he quit. Now, with the help of three (unnamed) co-founders Gledhill is building a 'blockchain-inspired' challenger bank, Secco.

The aim is simple, he says: "To disrupt banking from the outside in, rather than the inside out."


Happy reading :  http://www.coindesk.com/meet-secco-the-uks-blockchain-inspired-challenger-bank/

Yes before you link to that CoinKite article , I already read it . however I still don't get it ... Our funds are logically not going to be compromised or anything however when I send BTC what should do so the other user actually receive them and he don't get the attack ? nothing ?  It's simply by luck ? I can send 1 BTC and simply "hope" so he will receive them ? if he don't my BTC are screwed ?  because this make no sense honestly and is this attack permanent ?

[While there is much discussion of how far cryptocurrency exchanging has come in its short history, a question mark still hangs over its future.From niche to a part of everyday life for the majority of users of Bitcoin and other cryptocurrencies, exchanges have always fulfilled an obvious role. Dramatic market expansion has delivered new standards of technology and a host of new USPs, yet the central function of the exchange remains the same: convert one currency to another, as cheaply as possible.With the internet now awash with exchange providers, however, where could the market be heading?]

While there is much discussion of how far cryptocurrency exchanging has come in its short history, a question mark still hangs over its future.

From niche to a part of everyday life for the majority of users of Bitcoin and other cryptocurrencies, exchanges have always fulfilled an obvious role. Dramatic market expansion has delivered new standards of technology and a host of new USPs, yet the central function of the exchange remains the same: convert one currency to another, as cheaply as possible.

With the internet now awash with exchange providers, however, where could the market be heading?

Full article &  source : http://cointelegraph.com/news/115396/perfect-balance-how-exchange-alternatives-are-taking-on-the-btc-dinosaurs

The National Bank of Ukraine has issued a warning to the country’s regional banks, global financial institutions and its executives regarding the financial risks involved in the use of digital currencies like bitcoin.


Screw them . Continue reading at : http://cointelegraph.com/news/115394/ukraine-national-bank-joins-eu-btc-warning-still-eyeing-blockchain

[Sydney-based company OnMarket and Australian Prime Minister Malcolm Turnbull have co-launched a new fintech app which allows retail investors to access the Australian Securities Exchange’s infrastructure and submit bids for shares in companies.]

Sydney-based company OnMarket and Australian Prime Minister Malcolm Turnbull have co-launched a new fintech app which allows retail investors to access the Australian Securities Exchange’s infrastructure and submit bids for shares in companies.


Continue reading at : http://cointelegraph.com/news/115393/australian-prime-minister-bids-shares-in-bitcoin-group-via-new-fintech-app

I'am guessting *paranoid*  that my PC is infected or something , even if it's not I wanna be sure , so I suppose that Dual boot should be fine and same as Linux Live CD , right ? I will be totally safe ? If yes then does anyone know if Kali linux works fine with Electrum , I don't want to screw up . ty

[Andy Haldane, the Chief Economist and the Executive Director of Monetary Analysis and Statistics at the Bank of England recently proposed that the UK should switch from a fiat to a digital currency based economy to support the UK’s economic growth.]

Andy Haldane, the Chief Economist and the Executive Director of Monetary Analysis and Statistics at the Bank of England recently proposed that the UK should switch from a fiat to a digital currency based economy to support the UK’s economic growth.

That's what I'am talking about   

Continue reading more at : http://cointelegraph.com/news/115391/bank-of-england-uk-should-ditch-fiat-for-digital-currencies

["Bitcoin in its current incarnation is slow in the sense of being able to do a transaction and have it properly authenticated, which can take quite a few minutes. It doesn't really work in today's fast-paced shopping environment; even more so in train stations and so on when you have got millions of people trying to go through turn-styles – there you need real-time, instantaneous authentication, and delivery.”]

MasterCard has been feeling the heat of Bitcoin for over a year now. Bitcoin has become big enough worldwide so that it can no longer be ignored as a viable payment option and currency. In a state-of-the-business interview with the International Business Times, Ann Cairns, president of international markets for MasterCard was asked directly about Bitcoin and how it compares to MasterCard.

Here is what he said :

"Bitcoin in its current incarnation is slow in the sense of being able to do a transaction and have it properly authenticated, which can take quite a few minutes. It doesn't really work in today's fast-paced shopping environment; even more so in train stations and so on when you have got millions of people trying to go through turn-styles – there you need real-time, instantaneous authentication, and delivery.”

Full article : http://cointelegraph.com/news/115390/mastercard-exec-bitcoin-doesnt-really-work-in-todays-environment

Come on guys , tell me what you think about this  Pretty sure you have a lot of stuff to say .

NeuCoin (NEU), a cryptocurrency specifically designed to aid the implementation of online microtransactions and tipping within online products and services, finally launched September 23.

The event was followed by co-founders Daniel Kaufman and Johan Sandstrom holding an open Q&A with the Bitcoin community via Skype. Kaufman and Sandstrom believe that Bitcoin will remain the major cryptocurrency in mainstream use, but that there is nonetheless room for altcoins that successfully target specific practical niches.

Continue reading at : http://cointelegraph.com/news/115389/neucoin-will-have-more-consumers-using-it-than-bitcoin-within-one-year-founder

I personally say this is nonsense .