• Recently Reddcoin has been making some serious market gains, both in volume and in price with a 24 hour volume of $578,183 and price of 41 Satoshis at its peak. This wasn’t a sudden growth either, as you can see by the following graph that shows Reddcoin price as well as volume over the last 3 months. As you can see, over the last 3 months, Reddcoin has been steadily gaining both volume and price,

    Reddcoin: Major Market movement!

    | 2014/08/11 11:46 pm
  • Money20/20’s primary goal is to help advance innovations in payments and financial services for a world where commerce is an ‘anywhere, any time’ connected experience. Since our inaugural event in 2012, bitcoin and the associated cryptocurrency technology has become one of the most prolific areas of innovation in the industry—and Money20/20 has made a conscious and concerted effort to ensure its coverage. Broad Coverage Each year, our sessions on cryptocurrencies are standing room-only. This year,

    Money20/20: Bitcoin Coverage & Tool for Engagement

    | 2014/08/11 8:30 pm
  • Interview with Xapo! I had the opportunity to sit down and talk with Xapo, the a Bitcoin debit card. With achievements like $20 million of funding, you know its bound to be something big.  It essentially works as a Visa debit card, but it can be funded via Bitcoin. If you missed the interview, it can be read here. I in fact was accepted into the early access program, and can’t wait for the final release

    News Summary: August 10th – August 16th

    | 2014/08/10 10:43 pm
  • When looking for a place to spend your Bitcoin, we have the bases covered. But if you’re looking for some more quirky items to purchase I think ShopJoy is a hard place to beat. Offering stuff like cases with hands on them, to more sensible items like unlocked phones. Do note that prices are in Austrailian dollars, so take that into factor if you are purchasing abroad. 1. Why did you decide to make ShopJoy a

    Merchant Adoption: Shopjoy

    | 2014/08/10 4:15 am
  • Today we have Bitcoin Cloud Services, yet another cloud mining service. Let’s see what they have to bring to the table. 1.What inspired the idea for Bitcoin Cloud Services? I started mining back in 2011, but eventually due to the competitive nature of the Bitcoin network it got more difficult to get early access to hardware. With hardware delays from most of the manufacturers it became almost impossible to the average user to get involved

    Bitcoin Cloud Services: Exclusive Interview

    | 2014/08/09 8:44 pm
  • Xapo is a new company, with an ambitious goal. To make Bitcoin more widespread, through a similar interface, essentially a Visa card. It is a debit card that is funded with Bitcoin. I was lucky enough to get an early access card and take it for a spin myself. I talked to Ted Rogers, the Chief Strategy Officer over at Xapo regarding Xapo as a company and a little bit about them. 1. What sparked

    Interview with Xapo: Bitcoin debit card!

    | 2014/08/08 11:18 pm
  • We all know that Scrypt ASICS are now available for purchase, and miners have been hashing away at Scrypt coins, leaving GPU miners to scramble to under algorithms, most popular being Scrypt-n and x-11. Scrypt ASICS may have also had a negative effect on prices, for Darkcoin and Vertcoin. Darkcoin is the most popular X11 coin, and Vertcoin is the most popular Scrypt-n coin, so it’s logical to assume that is where most GPU miners

    Litecoin and ASICS: Effect on Market

    | 2014/08/08 10:43 pm
  • Coinage is a new Bitcoin exchange coming from the same people that have brought you multiple Philippines services, more on that later. From the looks of it, Coinage is a professional exchange, promising liquidity, a secure and fast system, and more. it seems that they only charge a 1% fee on transactions as  well, making it attractive to traders. 1. What sparked the idea of Coinage? Being staunch believers in Bitcoin, it has always been

    Coinage.Ph: Philippines Bitcoin exchange!

    | 2014/08/07 2:32 am
  • Teams to compete to build FinTech applications for a $125,000 prize pool and the chance to present to an audience of thousands  New York, NY. August 6, 2014–Money20/20, the world’s largest event for payments and financial services innovation, today announced the launch of the ‘Money20/20 Hackathon’ to be held October 31 to November 2, 2014 at the Aria Resort & Casino convention facility in Las Vegas, immediately before the kick-off of 2014’s Money20/20, which will

    Money20/20 Announces the ‘Money20/20 Hackathon

    | 2014/08/06 9:04 pm
  • If you have done any mining in the past you know its hot and noisy. Usually alternatives are to either get cloud mining, or pay for someone to host your hardware. Both options are valid, and really intriguing if you have to pay an especially exorbitant electricity rate or just can’t stand the noise. Before we start, it is good to know where Genitrust is today. Genitrust is a company that helps companies, investors, and

    Hashing Plex Interview: Hosted Mining Services

    | 2014/08/06 2:50 pm
  • Bitcoinist.net were invited to one of biggest music festival in Europe called Balaton Sound. Since digital currencies are now getting deeply involved in the music industry we thought this could be a perfect place to ask a few musicians about their opinion on bitcoion. We had a chance to make a few interviews on the festival. About 2014 Balaton Sound The 2014 MasterCard Balaton Sound attracted a total of 145 000 fans during 4 days

    Bitcoinist.net @ 2014 MasterCard Balaton Sound – Bitcoin believers from the music industry

    | 2014/08/05 3:09 pm
  • For people looking to sell houses, and for Bitcoins as well, MyCoinRealty is probably your best (and only option) at looking to sell a house for Bitcoin. The process of putting up a house for sale is both simple and free: Process of selling your home for Bitcoin 1. If you’d like to sell you home for Bitcoins just go to our contact page and provide your contact information, a description of your property, and

    MyCoinRealty: Sell houses for Bitcoin!

    | 2014/08/05 4:03 am
  • If you find yourself in Las Vegas for any of the plethora of upcoming events and in need of some digital currency you are in luck. Simply go to Golden Gate Casino and The D. Bitcoinist.net had the pleasuring of interviewing the owners of both Golden Gate Casino and the D about their decision to move into the crypto currency sphere. The Interview Why did the D decide to install a Bitcoin ATM?  “We started accepting bitcoin

    Casinos, Las Vegas & Bitcoin ATMs

    | 2014/08/04 9:36 pm
  • Cointerra’s last big action was the acquisition of the Hungarian bitcoin software company Bits of Proof . With this move they are trying to strengthen their back end support for their cloud hashing services. CoinTerra provides large scale Bitcoin mining hash power through its multiple state-of-the-art datacenters installations employing the highly scalable TruePeta™ deployment architecture. However this is not why we write about this company today. I had a chance to meet Cointerra CEO Ravi

    Cointerra Review + Video

    | 2014/08/04 8:39 am
  • What Can I Buy With Bitcoin? As bitcoin gains traction worldwide and we approaching the beginnings of “early adoption“, the most common question among consumers these days is: “What can I buy with bitcoin?” Besides big name merchants adopting bitcoin like DISH, Dell, Overstock and Expedia, there are a plethora of other places where one might spend bitcoins. Several resources are available. For a larger look at what you can buy for bitcoin check out: coinmap.org.

    What Can I Buy With Bitcoin?

    | 2014/08/04 12:52 am
  • Russian plans to ban Crypto! Russia is planing on banning the use of cryptocurrency or “money substitutes and value transmitters”. They are also considering putting criminal responsibilities onto companies and people who use said currencies in operations. It seems that even though nothing has been finalized, Bitcoin prices have taken a toll, briefly hitting $550. Read the full report here, by Nuno Menezes. Cloakcoin Interview about PoSA If you been watching the markets, you would have

    News Round up: August 3rd – August 9th

    | 2014/08/04 12:36 am
  • If your looking for some products that will help your body, check out at Supplements First. they also accept Bitcoin also, which is always a plus. They also hold the BItcoin they recieve, something that seems quite rare still. 1. What sparked the idea for Supplements first? When I noticed that there was a lack of a retailer for health & fitness supplements for Bitcoins on the market. As such when I went into the project to

    Merchant Adoption: Supplements First

    | 2014/08/03 11:08 pm
  • From the same company that brought you Rebit.ph,  Bitstars, Coinage, and Bitmarket, is Prepaidbitcoin. PrepaidBitcoin is essentially what it sounds like. Bitcoin available to be purchased, prepaid. This brings Bitcoin to a familiar interface, as many Filipinos use prepaid cards for everything, from minutes to gift cards. 1. What sparked the idea for PrepaidBitcoin? It seemed like the most obvious thing to do in a market like the Philippines. This is the texting capital of the

    PrepaidBitcoin: Buy Prepaid cards in the Philippines!

    | 2014/08/03 4:39 am
  • The Russian government prepares to ban crypto currencies. As stated by the Russian news express RIA Novosti, the Russian Finance Ministry is planning on legislating against the use of crypto currencies. The Russian Finance Ministry is issuing a proposal to prohibit the use and operations with money substitutes and value transmitters such as digital currencies. The Ministry is also considering not just prohibiting crypto currencies, but also to bring criminal responsibility to companies and individuals

    Russia Plans to ban crypto currencies

    | 2014/08/02 9:40 pm
  • A new company has surfaced, call Coinsafe. Using Coinsafe, you can turn your phone,tablet, or computer into your own Bitcoin ATM! You can choose whether to buy or sell Bitcoin, and can even customize what fees you charge. 1. What inspired the founding of Coinsafe? In the US, it’s reasonably easy to buy or sell Bitcoin on Coinbase (though sharing your bank info and waiting for days for wires to clear is pretty annoying), but

    Coinsafe: Your free Bitcoin ATM!

    | 2014/08/02 6:45 pm
  • ZipZap first started out as a network for consumers to make payments with convenience. Now ZipZap has announced that they have raised a $1,000,000, with the main focus of strengthening their network for digital currencies. If you would like to know more about this, Marco did a quick write up of the topic, read it here. 1. What sparked the idea of ZipZap? ZipZap was born from an idea to provide a cash payment option for

    ZipZap: Exclusive Interview

    | 2014/08/02 5:12 pm
  • Mine 4 Life is a charity event, with a cryptocurrency twist. All proceeds will be sent to Saint Judes, a hospital where they offer their services at no charge. Truly a charitable cause. 1. What sparked the idea of Mine 4 Life? This was the brain child of seeing charities of a great cause in need of financial backing, and a way to help with the use of crypto currencies. I didn’t see anything near

    Mine 4 Life: ASIC Mining for Charity!

    | 2014/08/02 5:22 am
  • Draglet is based in Munich, and is one company that has come forward with a new set of options and adaptable plug-in tools to allow exchange-related businesses to run off a pre-manufactured backend system. As bitcoin is becoming increasingly accepted, followed by new users and businesses coming into play everyday, the industry around cryptocurrency has been seeing an extraordinary growth. The digital currency market has dragged exchanges to be a part of the booming industry

    Draglet, the new concept exchange

    | 2014/08/01 4:43 pm