Bitcoin is starting to become a household name when speaking of online payments and its expansion is spreading not only through the United States, but throughout the world. Latin America, however, seems to be embracing it while other countries seem to resent the idea of decentralization. News from Paraguay is that the first Bitcoin ATM will be installed in a restaurant named “Be Okay” meaning that the restaurant becomes the first business in Paraguay to
The second country that we will take a closer look at is the Isle of Man. The Isle of Man is nestled between Ireland, England,Wales and Scotland. It has been a haven for online gambling companies for a couple of years now. However The Isle of Man is looking toward the future like an open minded country should. There has been quite a storm about the Isle of Man’s decision to become a “pro digital
During our news reporting, interviews, articles, academic life, and networking, we made some interesting connections and friends from all walks of life. So why not do a special interview with some of our connections we’ve build up? That is the exact thought we at Bitcoinist had. However due to the high status and fame these people and their companies have, we will not use their original names. These prominent people speaking out for or
The rumors have been flying that the UK Treasury is looking into digital currencies and how to create some form of legal net for these currencies. The UK Treasury is asking for information on new digital currencies from the public, law enforcement agencies and financial regulators. However, most of these people do not know what digital currencies are. That is why the UK government is giving the hand of friendship toward the Bitcoin
With the explosion of interest in Bitcoin over the last 24 months, keywords, trademarks and domain names around bitcoin have become somewhat of a commodity. Techemy Ltd, a NZ based start-up, has secured a key domain name in the bitcoin space: Http://bitcoin.info Company co-founder and CEO, Fran Strajnar stated: “After having spent 11 months building a stable price index (BNC Price-Index via Bravenewcoin.com), we wanted to offer the world a clean website with a
Who or what is Mobile Vikings? They are a cell phone operator like Base, Vodafone, T-Mobile but have way better deals to offer their customers. Mobile Viking services are available in Belgium, The Netherlands and Poland. However they are an innovative company and are looking for oportunities to expand. Every time a customer recharges his or her credit on their smart phone, they receive multiple “goodies” so to speak. These items Mobile Vikings customers
Bitcoin is yet again recovering from its weekly low of $321 and is currently sitting at $360 range, around a 10% increase in the last 10 days. We have been in the dumps for quite a while now, and it sure seems the market is turning for the good. While progress has stalled around the $370 mark, the constant volume and low prices may prove to be enticing enough for investors to get in at
We received a lot of questions at multiple bitcoin and crypto conferences and meet ups: “how to get the maximum out of Crypto” an “what is the best investment”. Is it investing in Crypto companies, day trading or buying collectibles and/or antiques on the fairly new auction houses that have sprung up? We will provide some pointers. All suggestions have merit but all have some problems attached to them. Investing your digital currency
Bitcoin and Cryptocurrencies have opened up new opportunities for all sorts of businesses and people who come with the concepts for them. One of the businesses that have sprung up is Crypto Chips, which are poker chips in a variety of different digital currencies. Entrepreneurship comes in many forms, and Crypto Chips is another great example of it. The Bitcoinist was able to interview the creator of CryptoChips.net Yakpimp from twitter and in the forums.
“ We were aware that some criminal elements were focusing in on creating a next gen version of the Silk Road.“ the FBI stated to Bitcoinist a couple days ago. “Like all new things, and the digital currency is something new, there are always opportunistically criminal elements that try to worm their way in. We let them bathe in the false sense of security long enough to collect data so we can prosecute the perpetrators to the fullest
Rimbit is the next generation trading platform, that complies with Government regulations, abides by society rules and more importantly it allows users to have full control of their money; it implements immense advantages, since it has no Bank fees, no country limitations, no international transaction fees and no lost Bank funds. It promises to be a highly secure platform offering a whole new range of financial possibilities.
EmerCoin (EMC) is a decentralized cryptocurrency that enables international payments for practically zero fees and without reliance on a third party. Made for the real world, it is completely global and decentralized. EMC is developed by ppc.fixx.ru team that has specifically designed it for real world transactions, employing emergent technologies to create a new currency with both long-term and real broad application. Emercoin was the first in the history of crypto currencies, to used STUN protocol that allows obtaining external IP addresses, instead of WEB-services.
For those that have been living under a virtual rock for the past three months, (don’t worry, there are plenty of people under this rock) – Open Bazaar has released their beta 3.0! Not sure what Open Bazaar is? That is okay check out Bitcoinist’s coverage of the market here and here Why is Open Bazaar Important For the first time in history there is a market, this time a digital market, that cannot be
It seems that the next trend for cryptocurrency may be POS, which essentially is securing the network and being rewarded coins just by having your wallet open with coins in it that are of eligible age, which varies from coin to coin. High POS is always interesting experiments, especially on how they mange inflation. The highest POS rate was 750%, but has been trumped by Snowballs. I was able to talk with the developer, “iGotSpots”
Traveling to bitcoin conferences can get expensive. Some people have spent over $100,000 in travel expenses to travel to the multitude of bitcoin conferences in 2014. The Crypto Money Virtual Expo eliminates this cost altogether. Special Opportunity The Crypto Money Virtual Expo has announced special opportunity for fledgling cash-strapped startups that cannot afford to travel across the world to attend a bitcoin conference. Check out the press release below: Only 24 time slots available! Hurry
BitcoinATM360, a global seller of Bitcoin ATMs, is now in partnerships with Coinsetter, a premier U.S. based bitcoin exchange is now in works of an intergrated partnership providing Bitcoin ATM operators prioritized access to Coinsetters exchange during time of purchase through BitcoinATM360s website. This partnership will be known as a significant advance in the Bitcoin ATM space. For the first time, an operator will be able to order a machine with backend exchange access, integration,
Bitcoin In India For the past month, Bitcoinist.net delved into an seemingly untapped bitcoin market; India. The community in India has been very welcoming and like other bitcoin communities across the globe, are working relentlessly on bitcoin adoption and education. Why Developing Countries? Bitcoin is an excellent choice for developing markets as bitcoin is an excellent store of wealth where banks and governments cannot touch it. Ideal if your government or bank is untrustworthy. Furthermore,
Everything is happening incredibly fast. We are growing and our services are evolving so rapidly we sometimes even forget to mention all that we achieved. Sharing news is something that we should definitely do more often, and as an attempt for improvement, we hereby present you some of our latest accomplishments. We hope that this will only make you want to know more! Price Reduction- This is simply incredible. We have never thought it will
There has been a lot speculation, shouting matches, opinions, dubious accusations etc. that flew around concerning digital currencies, or like some call them crypto currencies. Some journalists from the more traditional media made unfounded accusations like “Mt. Gox has crashed so Bitcoin will follow suit”. If professionals and academics read things like that what do they think? Are there some that are sceptical or what is the deal? It does seem it’s “all quiet on
This is the weekly news bits of Bitcoinist.net. We inform you of the actual happenings of the cryptocurrency market. Hope Gold Coin, Festival of Hope and the Master Protocol The Mastercoin Foundation has announced this week, that it will be supporting a great music and charity event: HOPE GOLD COIN, The Festival of Hope and the Master Protocol. It will be the largest live music and charity event in history, where a 100 charities will
We are all witnessing how the worldwide economic situation keeps getting worse and worse every day. Unemployment numbers are rising through the roof and there is no bright light ahead. On the contrary, the future is only looking gloomier at this point. So what can be done in order to create more jobs? The way things are handled at the moment leave a lot to be desired. Companies are not innovating themselves, or looking at
People always ask me: “What to do with your Bitcoin and other crypto”? the answer is: you can do a lot with it. Buying gift cards for amazon, iTunes etc. However you want to do a solid investment. Maybe investing in some real money and what is better than buying proof sets, gold coins, silver coin sets etc. When you want to do this you need to be very careful. This article is written because