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Other / Off-topic / CoinxUS Releases A New Comprehensive Tutorial on Bitcoin
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on: November 17, 2013, 11:59:48 PM
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Coinx.US, a bitcoin news service, has released a new guide that now makes it easy for the average person to use and understand bitcoin. Launched on November 15, 2013 Bitcoin Unleashed aims to take the average person step-by-step into not only understanding this new currency but profiting from it as well.
Stemming from a high demand from its members, Coinx.US decided to release the FIRST all comprehensive guide on the subject as a single reference manual for newbies and enthusiasts alike.
“We really wanted to introduce to the public this new type of currency and make it easy for people to use, because without the limitations or privacy concerns of conventional money, people can have more control over their financial future.” Robert Capel, Founder of CoinX.US.
Packed with actionable information, videos, links and info graphics, Bitcoin Unleashed leaves no questions about the new technology unanswered. Also, they are offering free email coaching sessions to those who purchase the guide in hopes to introduce more people to this new kind of money.
This is the first comprehensive tutorial of its kind available to the general public, and sales of the new guide have been strong, selling over 500 copies in the first few hours of the launch.
With bitcoin prices up over 2700%(twenty-seven hundred) since January of this year, it is of no wonder that more and more people are curious and want to know how to get into this new digital currency.
You can get more information on this guide by going to coinx.us/u.
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176
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Other / Beginners & Help / Bitcoin Price Hits $500, a 50x Increase in Just 12 Months
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on: November 17, 2013, 11:58:54 PM
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Those bitcoins that made you gasp at $300 just a couple of weeks ago? They were a bargain — the value of 1 BTC has now passed $500.
Prices hit this record and landmark figure at 11.50am GMT on 17 November, and at the time of writing were trading at $503.10 on Mt. Gox.
That means: if you bought a stash of bitcoins at their absolute highest peak price of $266* in April 2013 and then felt nauseous as the price plunged to $65 the same week, you have now almost doubled your investment. Provided you didn’t cut your losses and sell prematurely, that is.
Bitcoin has survived some bumps in that time, most significantly the shutdown of the Silk Road online black marketplace and a number of chilly statements from government representatives. That it has continued to rise despite these setbacks could well be pushing values even higher, as investors sense a more resilient asset than previously thought.
The FBI seized a total of 171,955 BTC from Silk Road in October 2013, an amount so significant there were rumors it could influence bitcoin’s value. It is still unclear what the Bureau intends to do with its haul, if anything.
“Nearly every piece of bad news about individual cases heralded more expectations that bitcoin would pay the price.”
An asset with more significant value has also meant higher-profile hacks, scams and thefts. Companies like Australia’s Inputs.io found themselves out of their depth as its now considerable deposits came under attack.
What had been worth a few thousand in 2012 was suddenly worth millions, and people with plenty of experience finding naive security holes wanted it.
Rather than face their customers’ wrath, the proprietors of such businesses simply took fright and ran away. As recently as last week, the (supposedly) Hong Kong-based GBL also disappeared, along with its customers’ funds.
Yet the value never fell. Nearly every piece of bad news about individual cases heralded more expectations that bitcoin would pay the price. That it has continued to rise despite these setbacks could well be feeding back and pushing values even higher, as investors sense bitcoin is a more resilient asset than previously thought.
The government has been paying as much attention as the hackers and scammers. The US Senate Committee on Homeland Security and Governmental Affairs (HSGAC) will begin hearings on Monday 18 November with representatives from five wary federal agencies and representatives from the bitcoin advocacy community. Another Senate Committee on Banking, Housing and Urban Affairs will also hold a bitcoin hearing on Tuesday 19 November.
Again, the news of these hearings have had no negative impact on bitcoin’s value.
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180
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Bitcoin / Project Development / Re: [BOUNTY] 0.15 BTC per transcript of LetsTalkBitcoin
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on: November 10, 2013, 12:01:20 AM
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Hi there,
I'd like to reserve Episodes 39, 45, 52 please
I'm getting started on it right now.
I'm halfway done with completing the transcribing of Episode 52 - Life on Bitcoin Since we are only allowed to reserve one episode at a time I'll be taking out Episodes 39 and 45 from reservation and making it available Episode 52 is being transcribed and I'm working diligently on it  Thank you |
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