Bitcoin was up 30% the past week. Long awaiting but finally it has broken through the psychologically important US$500 mark. The price has been stagnating between $400 and $500 in the past month. Bitcoin price is really volatile but lets hope that this volatility happens over $1.000 really soon. In the cryptocurrency world everything is around the exchange rates. The segment leaders and the economist are being asked about prediction at all times about the
We had a chance to interview Tuur Demeester at the Amsterdam conference. We were really lucky because he has decided to take a break from the cryptocurrency segment for a little bit and will focus on philosophy and self knowledge. He is the author of the financial newsletter MacroTrends which goes to investors in the Netherlands and Belgium. He has also co-founded two private schools in Belgium and also in the Netherlands. Bitcoinist.net As an economist, what do you
Introduction Appcoins. What a great way to fund an open source project, right? The idea began with Mastercoin, but seems to have jumped from there to become its own meme. You just create an app, and then make it less convenient by creating a cryptocurrency (or “appcoin”) that is required to use it, some of which you sell to investors to pay for development of the app. There’s no way that couldn’t work! It’s just like selling
AUSTIN, Texas – Voice & Exit, an event aimed to spark innovation, returns to Austin, Texas on June 21, with a lineup that includes Cody Wilson, co-creator of Dark Wallet. Bitcoin will be a hot topic among speakers and attendees, as it plays a central role in several speakers’ projects.This year’s event will also offer a breakout session on crypto-innovations featuring Wilson, Michael Goldstein and Chuck Grimmett, making it a natural draw for Texas’ growing Bitcoin community.
After partnering up with the Vienna University of Technology, Cebexpo is changing the place of the conference from ACV to TU Wien. Bitcoin conference will take place on 31. May – 1. June on the grounds of the 200 years old University of Technology right in the “heart of Vienna”. “Many attendees suggested the conference should have a better location in the city. We also tried to find a place that would be closer to
The World’s First Corporation With a Formal Capital Structure Based on Bitcoin Seeks to Raise 25,000 Bitcoin Today, Cryptor Latam Inc., an innovative investment company and Think Tank focused on bitcoin and crypto related assets, announces the launch of its capital raising campaign. With a world-class advisory board and board of directors candidates, the company plans to serve the bitcoin ecosystem by becoming a long term investor for booming businesses in the bitcoin and crypto related sectors. Cryptor Latam Inc., part
Following the footsteps of Amagi metals, Euro Pacific Precious Metals, one of the largest international gold and silver dealers started accepting Bitcoin. Even larger than Amagi Metals volume wise, this will bring a lot of attention and potentially precious metal investors that want to diversify their portfolio. To do this, they partnered up with Bitpay, a popular payment processor. With its excellent customer support, as well as the ability to have daily deposit to your
This is what they had to say after the Conference: “Thank you for joining us for the most international and influential Bitcoin conference to date! We hosted over 1100+ attendees from 50+ countries, 140+ speakers, 45+ sponsors, 40+ exhibitors and 60+ media; including but not limited to The Economist, Bloomberg, New York Times, Reuters and the Associated Press. A special thanks to leading Bitcoin media outlet,CoinDesk, for providing daily coverage in addition to sponsoring lanyards.
Ebay’s CEO on Bitcoin Bitcoin, considered by many to be the killer of traditional payment methods such as PayPal, may become instead an enhancement. CEO of eBay, John Donahoe, states that they are actively considering the integration of Bitcoin with their payment service known as PayPal. Last month, they even launched a virtual currency section on their US website so it’s fitting that there considering it as a payment method. This is a mean virtual
Logos, allows businesses, NGOs, universities, communities and miners to “mine” Logos for the ecosystem Isle of Man, 21 May 2014 – Logos, the new generation currency, launches today with its desktop wallet for Windows, Mac an Linux systems. Unlike crypto-currencies such as Bitcoin, Logos are not just created through transaction verification (“mining”). Logos are created by businesses, NGOs, universities and communities applying for and receiving funding for development, integration, marketing, environmental and charity projects. Transaction verification is
For Bitcoin cloud mining, names quickly come to mind such as Cex.io or PBmining. But what about on the Scrypt side of the spectrum? Genesis Mining plans to change just that. Before going over what makes Genesis Mining stand out, what are some of the benefits of having your hash power the cloud versus setting up your own rig? Well, for one, you don’t have to set it up. Even for experienced miners, it’s a
“Bitcoin is the most intellectually interesting development in the last two years,” said Julian Assange via a WeChat Livestream at Net Prophet — the annual technology and trends conference. According to the Wikileaks founder, the next great innovation that is headed our way will be in the finance sector. He reckons that the technological innovation behind Bitcoin is establishing a new global consensus. Usually, we need laws to establish and enforce the way financial transactions take place,
In an earlier article, I conceded too much and suggested that Bitcoin doesn’t need to be a unit of account. What I should have said is that Bitcoin is a great unit of account—much better than the dollar. The objection that Bitcoin is not a good unit of account actually hides a circular argument that invalidates it. Bitcoin’s utility as a unit of account depends on what you already believe about Bitcoin. If you are
The Bank of Canada has come out with a very bold statement, stating that Bitcoin adopted could destabilize global finance. Bank of Canada extends even further than that, including all other digital currencies in spectrum, such as Facebook credits, Amazon coins, and World of Warcraft gold just to name a few. Bank of Canada wasn’t all hate however, acknowledging the potential benefits of faster transaction times, less fees, etc. they do feel that in Bitcoins
Oliver Janssens is an early adopter who has some serious problem about the Bitcoin Foundation so he decided to make a contest with a reward of 100.000$ Worth of Bitcoin. Let`s see what he has to say about this: My name is Olivier Janssens, early adopter and Bitcoin millionaire. The Bitcoin foundation has had its role in the last 2 years. Unfortunately, it is internally recreating the same archaic political system that fails to work
Nicolas Cary is one of the biggest leaders in the bitcoin sector by being the CEO of blockchain. He is super busy and travels a lot so we were really lucky to catch him for a quick interview at the 2014 Bitcoin Conference in Amsterdam. Bitcoinist.net Hi Nick, thank you for your time, I am sure Bitcoinist.net readers will be stoked to read this interview! Nic Cary Hello! Thanks for having me! Bitcoinist.net How did
It is so nice to see how bitcoin is spreading all over the world. Thanks to Mr. Josh Metnick CTO of Wrapports LCC a media ventrure that owns and operated the Chicago Sun-Times. has started accepting bitcoin for subscriptions in April, and as they promised they are continuing to experiment. The paper plans to run ads with printed QR codes, allowing readers to use bitcoin to buy products directly. The first test of this is planned
Two weeks ago, Western Union received a patent for “Alternative value exchange systems and methods,” which, in short, is a way for the company to use and accept “alternative currencies.” At the time of filing, back in 2009, these currencies included barter systems like Bartercard and virtual gold and dollars from various online sources, including Second Life and World Of Warcraft. Western Union, we should remember, thinks bitcoin isn’t that interestingbut would love to get a piece of the virtual
The 2014 Bitcoin Conference took place in Amsterdam organized by the Bitcoin Foundation. I believe it has been the biggest so far… Everyone was there from the industry as it was the most important conference from all. Even other conference organizers visited the event as well We have been present at the Miami, Berlin, Texas and NYC conference as well and we have to say that this has been the most productive for us as
We received the following message from Aaron (Bitangels) and we think is something really worth to share! If you have, please consider donations for the victims of the flood! Here is the original message: Hi fellow Bitcoiners, you might have heard about the terrible flood desaster that is happening in Serbia. So I am setting up this spontaneous campaign and hope that many people can donate some Bitcoins to show that we care and help.
Not long ago, Singapore Bitcoin payments system startup CoinPip brought US-based 37coins’ SMS bitcoin wallets to Singapore in a bid to make Bitcoin transactions simpler for the public. Now, Singapore-based startup 8pip wants to go one step further by introducing what it claims are the world’s first Bitcoin prepaid cards. The team will launch the cards at Startup Asia Singapore 2014 on May 7, as well as at Singapore’s first BOOST:Bitcoin event, an event aimed
We have come to the 3rd day of the 2014 Bitcoin Conference. The last two days were really interesting with full of extraordinary keynotes and panels. We are sorry for not tweeting that much, but we do have an explanation to that. We were focusing more on bringing loads of interviews to you. So from next week you can expect them on our site. Just a few examples on what you will see: Jon Matonis
Are you looking to make all of your cryptocurrency friends green with envy? Wife refusing to let you spend $10k on another one of your ‘toys’? Like to have the most up-to-date, latest and greatest technology and you won’t take ‘No’for an answer? Well, that settles it. The first major BlackCoin Community Incentive is here and we want you to be a part of it. The time has finally come and after much anticipation the