• Recently Erik Voorhees was interviewed by the Austin Bitcoin Meetup group via skype. Erik Voorhees is an outspoken Bitcoin Entrepreneur and evangelist.  During the interview the topics of Bitlicense, Bitcoin Entrepreneurship and privacy were discussed. Bitcoinist has transcribed part of the interview and provided the video feed as well. For more Erik Voorhees, follow him on twitter @ErikVoorhees Watch the video here. Can you talk about BitLicence? “I don’t think New York deserves to be

    Interview with Erik Voorhees

    | 2014/09/02 4:12 pm
  • 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
  • The “Bitcoin Startups Munich” Networking Group Held Its First Meeting Last Week. Attendance and Interest Has Surpassed Expectations Bitcoin Startups Munich, a business networking group that connects Bitcoin entrepreneurs and is building an ecosystem of Bitcoin startups, met for the first time on the evening of Thursday, August 28th. The event took place in the premises of Opentabs, a payment processing and e-commerce start-up in East Munich. Attendance at the inaugural event was higher than

    Bitcoin Startups Munich

    | 2014/09/01 12:37 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
  • Most merchants who adopt Bitcoin do not keep the bitcoins they earn but instead sell them for dollars on exchanges immediately using payment processing services such as BitPay. Consequently, the merchant creates selling pressure at the exchange, which drives the price down. So far this effect has been relatively mild, but there is a real possibility that the “merchant adoption” effect could spiral out of control if the selling pressure from new merchants is so

    The Merchant Adoptocalypse

    | 2014/08/30 2:53 pm
  • Modern scholars agree that one of the earliest systems of writing appeared in Sumer in the late 4th millennium BC as a way to keep account of inventories and record transactions. Humanity sure has come a long way from signing records on clay tablets. Now a new service called Blocksign allows anyone to sign legally binding documents and preserve records on the blockchain. This technology is very disruptive and has the potential to render notaries

    Exclusive interview with Blocksign – A New Way to Sign Documents

    | 2014/08/29 11:23 pm
  • NXT Lost, Hacker stole 8.3 million NXT! A story of how hackers stole quite a lot of NXT from the popular exchange BTER. The total amount is 8.3 million NXT, with CFA Consulting leading the manhunt. Read the full article here. Shadowcoin Developer Interview! Shadowcoin is one of more well known private centric coins. Read my article to find out why they are worth your time. World’s first Virtual Bitcoin Expo! Bitcoinist did an write

    News Summary: August 24-30

    | 2014/08/28 11:59 pm
  • A rising coin with a becoming more popular centric of privacy, is Shadowcoin. I was able to talk to the main developer over at Shadowcoin, and here’s is what he had to say. 1. What is Shadow’s end goal? To establish Shadow as the ultimate P2P privacy solution for anything web-related – the anti-Google if you will. Anonymity is our primary focus, so we want people to be able to talk, shop, browse and publish

    Shadow Coin Developer Interview

    | 2014/08/28 11:46 pm
  • 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
  • We are pleased to announce that Genesis Mining is taking a giant leap forward and will offer Bitcoin mining contracts starting Friday, August 29th 2014. The new Bitcoin mining contracts will be introduced at very competitive prices starting at as little as $2.15 per GH/s. As usual, the pricing is transparent: there are no additional fees or hidden costs. Everything is integrated in the beautiful Genesis Mining interface. Marco Streng, the CEO of Genesis Mining,


    | 2014/08/28 11:32 am
  • 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
  • Bitcoinist had the chance to talk to Barnabas Debreczeni, the owner of the first bitcoin ATM in Budapest Hungary. You can read our report from the press release here. [youtube id=”wXmEp32ari0″ align=”center” mode=”normal” autoplay=”no” aspect_ratio=”4:3″ maxwidth=”620″ parameters=”XCurrency”]   Video: Bitcoinist Photo sources: Bitcoinist, Octarine Labs

    Bitcoin ATM Hungary Video int.

    | 2014/08/26 9:26 pm
  • Virtual Bitcoin Expo 2015 is the biggest event of the year! By the number of participants, and exhibitionists, this event will provide easy access to the public, and connect you, the speakers and exhibitors with your esteemed customers. For the first time, the entire Cryptocurrency community is under one ceiling! This event seeks to set an alternative to physical expos which on one hand have an impact in the local community and provide an exciting

    Welcome to the World’s first Virtual Bitcoin Expo

    | 2014/08/26 11:52 am
  • Add another spot to spend your bitcoins, New Age Auto Sales is accepting bitcoin so you can purchase your next car. New Age Auto Sales is part of the New Age Auto Group and they are Miami based, but don’t worry they can ship. It is quite surprising, when I talked to the owner Shmuel Hazan, he told me that people from all over were calling in and not to buy cars, but just to

    Car Dealership Accepts Bitcoin

    | 2014/08/25 11:29 pm
  • Hungary’s first Bitcoin ATM is installed in Club Anker, a well known coffee house in downtown Budapest. A machine that changes Hungarian Forint banknotes to Bitcoin enables the promising popularity of the virtual currency to gain new ground. People who are afraid of personal deals or lack trust in online-only purchase have the chance to do it in a safe and tangible way. From now on, tourists and locals may exchange Hungarian Forints to Bitcoin

    First Hungarian Bitcoin-ATM debuts in downtown Budapest

    | 2014/08/25 8:45 pm
  • Exclusive interview with Moran Shaked the Founder & CEO We had a chance to make an exclusive interview with Moran Shaked, the Founder and CEO of an exciting project called Miss Bitcoin. The official launch is going to take place at the upcoming London Inside Bitcoins conference on 15 September. After that Miss Bitcoin will be presenting at the Inside Bitcoins Tel Aviv, Israel in October and at Bitcoin Australasia Conference in Perth, Australia for

    Welcome To The Era Of Miss Bitcoin

    | 2014/08/24 4:37 pm
  • Following the hack of the BTer exchange a deal was negotiated with the hacker for him to return all the stolen NXT to BTer against some Bitcoins. Sure enough, the hacker didn’t keep his work and kept 8.3 million NXT by himself. I was the lead negotiator of this deal, but I am now ready to lead the hunt for this hacker. I had lengthy talk with him, and got a chance to understand him

    The hunt for the missing Nxt has begun

    | 2014/08/23 8:47 pm
  • 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
  • We mentioned ZobrZobr in an earlier article. If you don’t already know, they are a Bitcoin company that specializes in making shirts of various Bitcoin designs and allowing you to post a QR code with a Bitcoin address of your choice, which can be one that you supplied or a popular charity address. 1. What sparked the idea of ZobrZobr? Actually we were hanging out in a cafe with friends and talking about different Bitcoin

    ZobrZobr: Wear your Bitcoin QR!

    | 2014/08/22 11:07 pm
  • Previous comic | Next comic (The series of articles referred to in this comic can be found here, here, and here.) Previous comic | Next comic

    The History of Litecoin

    | 2014/08/22 11:33 am
  • There has been a lot of talk recently about the future of cryptocurrencies and the term Bitcoin 2.0 has come up to describe the coming wave of services built on top of bitcoin (i.e., smart contracts, derivatives, decentralised autonomous applications & corporations, etc.) One of the necessary infrastructure components to make these new applications possible are reliable data sources. Enter Reality Keys, a Japanese based company founded by Edmund Edgar. He was recently on the Epicenter Bitcoin

    Reality Keys, a certificate authority for facts

    | 2014/08/22 9:49 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
  • Heavycoin is an interesting coin having been released a couple months ago. Here, an interview regarding the Heavy1 algorithm with the developer: Q: What makes an algorithm with multiple hashing more secure than something like scrypt or Scrypt N-Factor Scrypt/adaptive-n is a single cryptographic hash function.   Using a single cryptographic hash function as the basis for a crypto-currency is fine until that cryptographic hash function becomes weak, for example, due to advances in cryptography.  You

    Interview with HeavyCoin Developer

    | 2014/08/22 6:18 am