• The United States’ new Bitcoin tax rules just made casual, everyday use a complicated bookkeeping headache. The Internal Revenue Service’s notice last week will force the average Bitcoin user to keep a strict record of every purchase made all year long — then perform difficult calculations to account for the changing value of a bitcoin. It’s meant to extract taxes from any gains in Bitcoin’s value, and the rule applies to everything bought with electronic

    New IRS rules make using Bitcoins a fiasco

    | 2014/03/31 2:57 pm
  • We are  in Austin for the Texas Bitcoin Conference streaming live, just like we did from the North American BTC conference and from the Insidebitcoin Conference from Berlin. “The Texas Bitcoin Conference will be held in the Technology and Conference Center, a state of the art, 44,000 square foot facility. This will be the biggest conference in the history of Bitcoin. The Texas Bitcoin Conference will allow attendees to explore this new technology from a host

    Texas Bitcoin Conference – LIVE

    | 2014/03/05 10:28 am
  • SACRAMENTO, CA – Today, the Sacramento Kings announced they will become the first major professional sports franchise to accept Bitcoin, a popular online currency. The bitcoin purchases will be processed through BitPay – the world’s largest payment processor for virtual currencies. Since purchasing the Kings earlier this year, majority team owner Vivek Ranadivé has directed a business philosophy coined “NBA 3.0,” which focuses on investments in technology, globalization and deep community partnerships. The BitPay relationship

    SACRAMENTO KINGS BECOME FIRST PROFESSIONAL SPORTS TEAM TO ACCEPT VIRTUAL CURRENCY BITCOIN

    | 2014/03/02 10:23 am
  • You might ask yourself the question: Why would they do a review in 2014 on a 5 GH/s miner Well, here is the answer! We just had the product delivered to us. To be more precise, a friend of ours ordered one and gave it a try back on 4.5.2013. Costs: 5 GH/s Bitcoin Miner – $274.00 Shipping & Handling – 88$ (all the way to Budapest, Hungary) Upgrade to 7 GH/S    – 100$ Total: 

    Butterfly Labs – Jalapeno 7 gH/s – Hands on

    | 2014/02/16 10:53 pm
  • Our colleague Mate Tokay is Berlin now, and will sending us reports, pictures and news about the conference! Stay tuned! If you are interested in the first day, you can find it here. Instagram feed: [simply_instagram endpoints=”users” type=”recent-media” size=”standard_resolution” display=”5″]  

    Inside Bitcoins – Berlin Live Day#2

    | 2014/02/13 7:07 am
  • Hundreds of attendees gathered at Inside Bitcoins in New York City for thoughtful and engaging networking and discussions on replacing an archaic financial system, freedom of speech, and the Bitcoin revolution. Now, the conference and expo will head to Berlin, Germany on February 12-13th to explore the growth of virtual currencies, FinTech business trends, investment strategies, and more. The program is designed to provide an overview of where the virtual currency industry is today, and

    Inside Bitcoins – Berlin LIVE

    | 2014/02/12 8:32 am
  • Bitmain Antminer U1 Bitmain’s new mini bitcoin miner has just landed in our hands at the North American Bitcoin Conference in Miami. It is a rather small and compact bitcoin miner. It can be used by individuals without mining farms or it can be an ideal solution for office use. Power efficient and silent without fans or any other moving parts, it has only a quite large heatsink. Why buy it? Small, efficient and a

    Bitmain Antminer U1 – review, hands on

    | 2014/02/10 6:25 pm
  • Hundreds of attendees gathered at Inside Bitcoins in New York City for thoughtful and engaging networking and discussions on replacing an archaic financial system, freedom of speech, and the Bitcoin revolution. Now, the conference and expo will head to Berlin, Germany on February 12-13th to explore the growth of virtual currencies, FinTech business trends, investment strategies, and more. The program is designed to provide an overview of where the virtual currency industry is today, and

    Discover the future of Bitcoins and Crypto Currency with national and international industry specialists!

    | 2014/02/04 5:57 pm
  • Today we received an email including this, we are trying to help so here is a story – try to help them! Last night my MtGox account was hacked, and the robber withdrawed 6 BTC and boght 4 more for from my 3600 USD then withdraw it again. With two factor authentication and a phone in my pocket. Strange right? As soon as I saw the email – right after the transaction – I replied

    MtGox transferring BTC to a Robber? Yes, they knew it.

    | 2014/01/30 4:00 pm
  • More than 500 bitcoin community members will soon be converging on Miami for a direction-setting conference aimed at driving the currency from speculation to mainstream. Building on the recent success of the European Bitcoin Convention, the North American Bitcoin Conference will hit Miami Beach on the 25th and 26th of January, 2014. Our colleague “Matte” is visited the North American Bitcoin Conference in Miami. We are receiving continuous updates from him, about programs, speakers, presentations,

    Day 2 – North American Bitcoin Conference – LIVE

    | 2014/01/26 5:13 pm
  • More than 500 bitcoin community members will soon be converging on Miami for a direction-setting conference aimed at driving the currency from speculation to mainstream. Building on the recent success of the European Bitcoin Convention, the North American Bitcoin Conference will hit Miami Beach on the 25th and 26th of January, 2014. Our colleague “Matte” is visited the North American Bitcoin Conference in Miami. We are receiving continuous updates from him, about programs, speakers, presentations,

    North American Bitcoin Conference – LIVE

    | 2014/01/25 4:03 pm
  • Gone are the days when Bitcoin was considered as a currency for geeks and those in the darker corners of the internet. Adding eBay to the list of trading platforms for Bitcoin has been a reason to rejoice for Bitcoin enthusiasts all over the world as this move makes Bitcoin a whole lot more accessible. eBay is launching a dedicated Virtual Currency category on eBay Classifieds in the UK on 10th of February. eBay Classifieds,

    eBay UK, Paypal & Zynga are bringing Bitcoin to the mainstream

    | 2014/01/21 4:01 pm
  • Just when you thought you had comfortably wrapped your head around the whole Bitcoin thing, some restless coders up and add another layer of complexity to the world’s preferred brand of magical internet money. A new wave of decentralization may soon be upon us. Lusty possibilities abound. More and more people are coming to understand Bitcoin as both a medium of exchange and a nifty (nerdy) payments and communications system. It is at once a

    Bitcoin 2.0: Distributed Corporations, Derivatives, and Information Markets

    | 2014/01/21 3:54 pm
  • Bitcoin conferences mostly were based in the USA, but in the close future it will be held in Berlin, Germany! Here comes the official spoiler :) Discover the future of Bitcoins and Crypto Currency with national and international industry specialists! Hundreds of attendees gathered at Inside Bitcoins in New York City for thoughtful and engaging networking and discussions on replacing an archaic financial system, freedom of speech, and the Bitcoin revolution. Now, the conference and

    Bitcoin Conference: Berlin 12-13 February.

    | 2014/01/15 5:02 pm
  • Just a year ago, a bitcoin was worth $13. And today, the same piece of digital currency is valued at more than $800 on popular online money exchanges. But Chris Dixon believes that’s still a serious bargain. Dixon, a partner with the big-name Silicon Valley venture capital firm Andressen Horowitz, is adamant that bitcoin could become the primary means of making payments on the internet, and if that happens, the price of a bitcoin will

    Silicon Valley VC Thinks a Single Bitcoin Will Be Worth $100,000

    | 2014/01/15 4:50 pm
  • Some enterprising minds and one of the world’s biggest insurance markets is opening a pretty futuristic bank vault in London. But it’s not futuristic for having fancy locks or laser trip wires. It’s futuristic because of what’s inside: Bitcoin. The idea of a bitcoin bank vault seems a little silly at first. Bitcoin is a virtual currency, so why would you need a vault? Well, the new company, Elliptic Vault, is actually billing this new

    There’s a “Deep Cold Storage” Vault for Bitcoin

    | 2014/01/14 12:32 pm
  • Inside Bitcoins – The future of bitcoins conference is about to hit New York City this april. The early bird tickets are out, the price is a bit spicy, but the Networking ticket seems interesting for the less wealthy fellas. At least we have an option to visit the exhibition. The early bird ticket for the 2 days conference cost $399 the one day pass is $299 the networking pass is $10 – only valid

    Bitcoin conference New York City April 7-8, 2014

    | 2014/01/09 10:03 am
  • Singapore-registered companies who buy and sell bitcoins or exchange the digital currency for other goods and services must pay taxes for these transactions, says the Inland Revenue Authority of Singapore (IRAS), Singapore’s tax authority. The government’s stance towards the volatile cryptocurrency, which once again soared above $1,000 in price, echoes countries like Germany, Norway, and the United Kingdom, all of which deemed Bitcoin taxable. In a series of emails sent to Singapore-based Bitcoin brokering service

    Singapore government to tax some bitcoin transactions

    | 2014/01/08 5:10 pm
  • California Cantina in Santiago will become the first restaurant in Chile, and the first nightclub in all of Latin America, to accept bitcoins, according to their director of press and public relations, Sonia Galleguillos. Officially launching on January 8, the restaurant will be a bitcoin “pioneer” for Latin America, said Galleguillos. She adds that the club has received significant interest on social media regarding the restaurant’s decision to accept the digital currency, in addition to

    Chilean Nightclub to Pioneer Bitcoin in Latin America

    | 2014/01/07 3:37 pm
  • Bitcoin, unlike conventional money, is bought and sold on a peer-to-peer network independent of any central authority. The digital currency has grown in popularity among users who lack faith in the established banking system. However, it has also raised concerns among law-enforcement authorities that the currency could be used for laundering money. Bitcoins have seen their value relative to the dollar shoot up in recent months. However, when Shanghai-based BTC China, the world’s largest bitcoin

    Growth of bitcoin sparks fears of fraud

    | 2014/01/07 12:40 pm
  • Zynga hasn’t had much to celebrate lately — the social gaming company suffered a huge drop in users last year and it hasn’t had a hit title in some time. But now it’s taking a new tack, turning to the Bitcoin community. In a post on Reddit’s Bitcoin subreddit last night, the Zynga team said it is currently “testing expanded payment options for players to make in-game purchases using Bitcoin,” specifically through the payment provider

    Zynga tests Bitcoin payments for seven online games

    | 2014/01/07 9:36 am
  • Bitcoins were worth nothing in 2009, when the digital cryptocurrency was first minted on the computer of its mysterious creator, Satoshi Nakamoto, who claimed to live in Japan. Four years later the value of one Bitcoin surpassed $1,100, thanks in large part to a surge in speculative interest from China. A little-known Shanghai company called BTC China met the demand and quickly became the world’s largest Bitcoin exchange, with more than 100,000 of the virtual

    China Bites Into Bitcoin

    | 2014/01/06 2:54 pm