The goal of this article is to review Bitcoin’s growth as a whole, and discuss key events that happened in each month, and attempt to predict what we can expect 2015 to be like using 2013 and 2014 as years of comparison. This article will be broken down into months covering January- part of December. Bitcoin’s market will be explained simply rather than thoroughly analyzed. I hope you enjoy this article as we review this
On December 5, Stellar Executive Director Joyce Kim disclosed news of a ledger fork related to a failure of their consensus system. The consensus system used by both Stellar and Ripple have never been used at the scale Stellar is implementing, and the system failed to reach consensus causing a fork in the ledger. Stellar has about 140,000 active accounts per week, and over 3 million total accounts. The maximum number of total accounts the
Bitcoin is not truly anonymous, and that opened up an opportunity for crypto currencies aiming to offer complete privacy and anonymity. Darkcoin was the first crypto currency to securely offer such features. The currency was launched on the 18th of January 2014, with the brand Xcoin but the creator, Evan Duffield, changed its name to Darkcoin a few days later. Darkcoin soon became popular and its growth became apparent right after the implementation of Darksend
Crypto Finance Analysis Consulting and CCEDK joined forces to create and make available the first Bitcoins hedge fund based on the Nxt Asset Exchange allowing people from the non crypto world to profit of its growth by buying shares directly with euros. The idea was to create a financial service to open a door to the crypto world to the average investor, because crypto currencies are too hard to understand, the market too volatile, and
Recently ZeusMiner decided to cancel their anticipated Volcano next gen Scrypt miner. The move to stop manufacturing chips and miners is being made in favor of shifting completely to their cloud mining platform ZeusHash. The move was a difficult one for ZeusMiner as it is a successful chip and hardware manufacturer who provided Scrypt ASIC miners to miners directly and also to vendors as ZeusMiner branded and OEM. The change was one that was especially
When I previously chatted with Spendabit, they were just starting out with about a million items that could be purchased. Things are always growing in the Bitcoin space at a rapid pace, and Spendabit is no different with now more than 2.5 million items indexed. Today I talk with Chris, the CTO and Co-Founder of Spendabit regarding region support and how Spendabit has changed in the last couple of months. 1. For a brief refresher,
A professor emailed me the link of this “promotional video” from master card. He asked me to give a professional analysis of this video because he finds that “other writers do not have that objective capacity as an academic educated man or woman will show when writing an article”. Most of these kinds of videos hold more information than just what is being said. We did one about the Bill Gates interview a couple of
When it comes to pushing Bitcoin adoption, we have to make both the technology and the software easy to understand for every age category. As we Bitcoin enthusiasts like to say : “It has to be easy enough for my grandmother to understand”. EasBit, a startup company located in The Netherlands, wants to create a granny proof Bitcoin wallet. EasBit has launched a crowdfunding campaign on IndieGogo in order to develop a granny-proof Bitcoin wallet
What is your background Bob? I’m an executive entrepreneur with more than 29 years of experience creating, marketing, and selling products to consumer and business customers. Before Ziftr, I spent 11 years as President and EVP with PC Connection, a Fortune 1000 reseller of high tech equipment. I’ve done 6 startups to date, 2 IPOs and I hold multiple patents. I created Ziftr in 2008 and have assembled a team of about 35 talented software
San Francisco, California — On December 2, Stellar Executive Director Joyce Kim sat on a Stellar panel and gave an overview of the Stellar project to the audience at The Future of Money and Technology Summit, a yearly fintech conference that meets to discuss the evolution of money. The panel was called “Stellar: Building a Common Financial Platform”, and also included Stripe CTO Greg Brockman and Ripple Founder Jed McCaleb. The entire panel session was
On December 8, a scheduled software update left Blockchain.info vulnerable for 2.5 hours, and hundreds of bitcoins are reported stolen. Blockchain.info published a security disclosure on their blog and committed themselves to rectifying any issues experienced by affected users. “When making a scheduled software update overnight to our web-wallet, our development team inadvertently affected a part of our software that ensures private keys are generated in a strong and secure manner. The issue was present
SAN FRANCISCO, California — December 2, Stellar Executive Director Joyce Kim, Stripe CTO Greg Brockman, and Stellar Lead Developer Jed McCaleb sat on a panel and gave an overview of the Stellar project to the audience at The Future of Money and Technology Summit, a yearly fintech conference that meets to discuss the evolution of money. The panel was called “Stellar: Building a Common Financial Platform”, and the entire session was streamed live and published
You’re watching Bitcoinist weekly news bits. Today we’re gonna deal with supercomputers, Mastercard and bitcoin sms. Stay with us! A Public Supercomputer Zennet is the worlds first public supercomputer. It is a decentralized peer-to-peer platform that lets anyone rent out and profit from their computation power. The company aims to create the world’s biggest decentralized supercomputer, accessible to anyone around the globe. Zennet will run on a blockchain. Anyone with computation power can offer it
December 8 — Social messaging app Gems is having a token pre-sale on Koinify, and in less than one week has raised $450k worth of bitcoin. A total of 50% of the total GEMZ supply is available for pre-sale, and 42.5% of those have been sold in the first seven days of the crowdsale. GEMZ is a Counterparty issued asset or token, and funds are going to a 2-of-3 Coinbase multisig wallet. The three key
While most of the Cryptocurrency market is down, one coin in particular has been moving a lot this week, in fact up 15% from the 11/22/2014 levels. The currency in regards, of course being Ripple. With a 24h volume of over 2 and a half million dollars, Ripples price per coin slowly approaches $0.015 per Ripple, which is impressive, considering total supply is 99,999,979,958 XRP. This price increase and subsequently market capitalization increase, of course,
Exclusive 20 Minute Interview With Coinapult COO & CFO Justin Blincoe By Alberto Mata On Friday November 28, Coinapult re-launched their Bitcoin by SMS service and announced it via a reddit post titled “Send BTC by SMS – a new, global service from Coinapult that operates through plain old txt msg, no need for a data plan. Bitcoin can boldly go where it hasn’t gone before.” The post received 245 comments and 901 upvotes, and
There is some gossip around saying Pokerstars is preparing to start accepting Bitcoin has a payment method in their site. Pokerstars is currently the most used poker gambling application around the world; a large number of the poker community members use Bitcoin regularly, and if the major online poker provider starts to accept Bitcoin it would be great news.
The Digital Currency Round Table is a joint operation between Coin Apex, the NYC-based tech startup incubator and the New York City King’s College that aims to organize a series of discussions and debates about digital currencies. These discussions not only give finance, politics, economics and media students a more complete picture of the Bitcoin landscape and showcases its enormous impact and relevant challenges to overcome but are also intended to bring awareness and spread information about bitcoin and cryptocurrencies in general.
On Friday November 28, Coinapult re-launched their Bitcoin by SMS service and announced it via a reddit post titled “Send BTC by SMS – a new, global service from Coinapult that operates through plain old txt msg, no need for a data plan. Bitcoin can boldly go where it hasn’t gone before.” The post received 245 comments and 901 upvotes, and the Coinapult SMS walkthrough infographic received 54,093 views. “If I’m working in Canada, and
The city of Rio de Janeiro in Brazil will be hosting the second Latin American Bitcoin Conference. This international event on digital currency will be featuring more than 40 speakers, including Tony Gallippi (BitPay) and Nicolas Cary (BlockChain.info), CEOs of major Bitcoin startups, and Ronaldo Lemos (MIT-MediaLab), the Civil Marco creator and host of one know TV program (Globo News). One of the sponsors of the event is Coinverse, a pioneer company in Brazil who brought and installed the first bitcoin ATM in the country and is set to be at the event showing their financial product solutions.
Matthew Drive, President of Mastercard believes we are seeing a huge change in payment technology whether its digital convergent or crypto currencies; it is very important for the company to look and understand what are the real benefits put into the system by this new technology; for consumers, merchants, governments, or even financial services providers what’s really critical is that what they are putting into the marketplace is trusted.
The impact that derivatives have had on the stock market has long been something academics and industry experts alike, have tried to quantify. In finance, a derivative is a contract that derives its value directly from the value of another asset. This underlying entity can be various things, ranging from individual stocks right up to the whole index, plus commodities and many others. By design, derivatives are used to insure against price variations. To the
Connecting to the global crypto economy with one click. The crypto money virtual expo is the new meetup place for bitcoiners wherever they are. “It is happening” this Friday & Saturday 5-6 of Dec. The 1st virtual crypto money virtual expo will go live at 11am Bitcoin and the blockchain technology is a global phenomenon that is happening all over the world and will be affecting many industries. Keeping track on so many changes, new