• I examine the dollar tracking mechanisms of both NXT and BitsharesX. If a few months ago you would have told me I’d have two digital options, existing in an extremely low fee environment, capable of shoring up value because they were pegged to the US Dollar… I probably wouldn’t have believed you. If your currency of choice is going through a chaotic, volatile phase why not simply store that value (temporarily) in an asset that

    Big Showdown: CoinoUSD vs BitUSD

    | 2014/09/14 8:58 am
  • Bitcoin promises extraordinary rewards to early adopters, should it go mainstream. The rewards are potentially far greater, for the earliest adopters, than could be achieved by starting a successful business. Nakamoto himself could end up by far richest person who has ever lived, and many others will end up in fabulous luxury just for mining on their laptops or spending miniscule amounts of money in 2009. Lots of people don’t like this prospect, often because

    Bitcoin’s Obscene Wealth Disparity Is a Feature

    | 2014/09/13 2:52 pm
  • I enter both BitVCs futures contest and 1BTCXE’s trading contest at the same time. Being a true masochist when it comes to research and all things cryptocurrency I decided it wouldn’t be enough to explore 1BTCXE’s new trading platform or BitVCs new trading platform one at a time but to instead play both on nightmare difficulty by attempting to navigate both at the same time. Since both organizations decided to start and end their contests

    345 BTC in prizes, 2 contests, and 1/2 a brain – Day 1

    | 2014/09/11 3:24 am
  • I take a look at the market implications, what kind of media response we can expect, and where this whole fiasco might lead. If you’ve even so much as glanced at a cryptocurrency related media outlet this news cycle then you’ve undoubtedly heard the news that an old email address reported to have once belonged to Satoshi Nakamoto has been compromised and that information about the Bitcoin protocols mysterious inventor may soon be forthcoming. Whether

    Exposing the man, the myth, the legend… now what?

    | 2014/09/10 12:39 pm
  • Things don’t usually stay stable for long, especially when it comes to the market and prices of cryptocurrency. Bitcoin for example saw a minor depression due to erratic trading bot activity on BTC-E. This has brought down the price between the $470-$480 ranges, $20 from the “normal” of $500. On top of this there is news of Satoshi’s p2p account getting hacked, which is sure to cause some fear. On the flip side, Paypal and

    Market Analysis: Looking Down

    | 2014/09/09 11:13 pm
  • In terms of sheer volume this week BitsharesX remains the one to watch. However tor based Anonymity player Stealthcoin (XST) has made some interesting strides up an impressive 593.79% from this time last week. While numbers that high usually indicate a quick crash as token holders get out to lock in profits and fund development, Stealthcoin will be one to keep an eye on once it has settled in at it’s new equilibrium. Bitmark (BTM)

    Market Watch – Sept 7th

    | 2014/09/08 12:04 pm
  • Coming off a rather slump week at the markets, with most of the top crypto-currencies simply holding or losing ground, I thought I’d take the time to cover one of the few that has actually managed to gain in value over the past 7 days. Up an impressive 58.29% this week, Viacoin ranks 22nd in overall market cap with 4,282 BTC (or 2,048,981 USD). While at first glance there are mostly superficial differences between Viacoin

    Viacoin climbs in a slump week

    | 2014/09/03 6:54 am
  • 2014 has been a very troubled year for bitcoin. There have been some twists and difficult situations that have endangered the digital currency health and launched distrust among investors. Nevertheless, it also has been a year of teaming activity pledged with a steady and constant entry of new users and many businesses accepting bitcoin. The fast and progressive implantation of bitcoin has lead to the appearance of a whole new set of industries and services

    Bitcoin is bound to continue its remarkable growth

    | 2014/09/01 11:05 pm
  • As the title suggests, this week has been stable for the most part. Take the world stable with several grains of salt, as stable in cryptocurrency is still volatile for most people to stomach when they have been used to the relative stability of the dollar and people in precious metals. For example, let’s take a look at some of the more recognizable cryptocurrencies such as Litecoin and Darkcoin. Litecoin has stayed in the $5 range,

    Market Analysis: Stable Week

    | 2014/08/31 1:27 am
  • Bitcoin is catching some steam over U.S. online merchants including Overstock, DISH and Expedia, as customer’s using the digital currency id becoming increasingly large. For now sales paid for in bitcoin have been a fraction of one percent, but this number is expected to rise as acceptance grows, and the online currency will become as ubiquitous as the internet. Michael Gulmann, vice president of global products at Expedia Inc. has stated: “Bitcoin isn’t going anywhere;

    Bitcoin is exceeding U.S. online merchant’s expectations

    | 2014/08/28 9:13 pm
  • A look at my hands on experience learning to use the BitsharesX platform. Now that BitsharesX seems to have settled into it’s new equilibrium at around  7,600 Satoshi per unit it seemed like a good chance for me to dive in and see what the BitsharesX platform is like and exactly how this whole “BitAssets” concept works in practice (while also researching how it’s supposed to work on paper). Which brings me to my first point

    BitsharesX: I join the grand experiment (Part 1 of 2)

    | 2014/08/28 2:11 pm
  • For those unfamiliar with Darkcoin, you better start researching on it as it had begun a new era of anonymous coins in cryptocurrency which is arguably the reason for which we see many anonymous coins these days. Coin Specifications 22 Million total coins X11 Algorithm 2.5 Minute Block Generation Decentralized Masternode Network Anonymous sending with DarkSend+ Difficulty Retarget through Dark Gravity Wave Darkcoin was launched at the beginning of the year, and the constant updates

    Darkcoin: Improving on all Stages

    | 2014/08/27 5:19 am
  • After my last article highlighting some of the anonymity players in the market was published I was asked (more than once) why in the world I neglected to mention blockchain 2.0 focused, strong anonymity player, XCurrency. My reasons for this are two fold in that 1) there is no way I could cover all the players in the anonymity market in a single article and 2) XCurrency seems to be much, much more than a simple “one

    XCurrency: a serious contender for the 2.0 crown

    | 2014/08/26 10:16 am
  • As most working in the bitcoin space will tell you, Bitcoin is not anonymous, it is pseudonymous. Now at first glance that statement feels a bit superfluous, a play on words if you will. Leaving the suggestion that the two might more or less be equivalent. However, as it stands there are some significant differences between those two positions and there is a whole market developing around finding ways to take transactions on the blockchain and

    Market Focus: Anonymity

    | 2014/08/23 9:14 am
  • It all seemed to start with the dip of Bitcoin, with many people point due to the fact Ethereum liquidated 2500 Bitcoins, to raise funds for their project. Everyone was used to dumps like this, and thought Bitcoin would rebound. But nope, slowly volume increased and price decreased, and subsequently Litecoin and Darkcoin fell. But just the liquidation of 2,500 Bitcoins all at once couldn’t have done this. For example, look at this flash crash

    Market Analysis: What happened this week?

    | 2014/08/22 11:44 pm
  • Officially jumping into the coveted 3rd slot and  declaring itself “King of 2.0”. BitSharesX (BTSX) with 106,424 BTC  (53,755,292 USD) has used the most recent alt-coin push to propel itself past some serious competition. Signalling to the market that there is plenty of room for fresh innovation at the top. A series of Distributed Autonomous Companies, BitsharesX is the logical economic culmination of open source. If open source development allowed a small upstart from Helsinki to take on IBM, what

    A New Star Rises

    | 2014/08/22 10:57 am
  • One of the bigger contests to keep an eye on in the cryptocurrency market is without a doubt the smart contract race. With the ability to effectively decentralize, automate, and replace multiple trillion dollar industries it represents a sizable target for entrepreneurs and developers of all shapes and sizes to place their crosshairs. While the developers over at Blackcoin (specifically David Zimbeck) have technically already won this race (and I’ll get to that point in

    Smart Contracts, Intelligent Investing

    | 2014/08/22 9:30 am
  • Nowadays, developers and projects are strongly committed in improving anonymous and decentralized systems. The Silk Road Black Market had a serious disadvantage by having a centralized server system that made them vulnerable and was the responsible breach that effectively led the FBI to seize their operations. Silk Road was the first Black market ever to be created with the intent of allowing users to buy, sell, and trade about any type of items and services

    OpenBazaar decentralized marketplace set to launch next week

    | 2014/08/17 10:09 pm
  • It seems as if most coin developers keep on abandoning their coins for some reason. Fortunately, there is always someone in the community with the required skills to take over the coin, and that is the case with IncognitoCoin. A coin with high expectations and a good plan set up to back it. Unfortunately, the developer abandoned the coin leaving it to no good person to take over. This is when the community stood up

    IncognitoCoin: Community Relaunch

    | 2014/08/13 3:35 am
  • 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
  • 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
  • Minerals is a coin with the X11 algorithm and a total of 30 million PoW coins. The PoW phase lasts 7 days, and afterwards, PoS begins with an interest rate of 5%. Other than this, something very important is the lack of a premine or IPO which I find to be a good thing. The big thing that catches my eye about Minerals is the lack of a premine, even more so considering how much

    Minerals: Innovation at its Finest?

    | 2014/07/08 7:42 am
  • Will the adoption of Bitcoin by large retailers have an impact on the transaction volume? The range of products that can be bought for Bitcoins has grown significantlysince the beginning of 2014 as more and more large online retailers have followed their customers’ demands to start accepting Bitcoin payments. In the early days of 2014 Overstock started accepting bitcoins as a form of payment. After the Chinese central bank prohibited financial institutions from processing Bitcoin

    Will retail help Bitcoin?

    | 2014/07/08 7:28 am