• Bitcoinist asked digital currency experts Kim Dotcom, Reggie Middleton and Tone Vays to give us their thoughts on what we should expect from Bitcoin this year. 3 Prominent Experts Share Their Predictions It would be hard to find anyone who predicted Bitcoin could more than double in value in 2016. Even the most ardent proponents can only be so optimistic. My view of its price went as high as $800 by year’s end, but I certainly

    How Far Will Bitcoin Go in 2017? Experts Weigh In With Predictions

    | 2017/01/03 4:00 pm
  • This article will cover another approach to solving the data bloat problem in blockchains utilizing a tried and tested enterprise software solution – the Enterprise Database – alongside an Ephemeral Blockchain. [Note: This article is an op-ed] Blockchain Data Bloat in the Supply Chain MultiChain, Sidechain, BigchainDB, Factom, and other chains built either on or off the Bitcoin Blockchain will eventually suffer from the data bloat syndrome. Pruning techniques like SPV and sharding can help with this syndrome

    …And It’s Gone: How Ephemeral Blockchains Can Fix Data Bloat

    | 2016/12/27 3:00 am
  • Bitcoin investors rejoice as the cryptocurrency beat all global fiat currencies yet again in 2016. Cryptocurrency trading can provide a couple of advantages for investors over conventional trading as economists tend to distort traditional markets, whether intentionally or not.  Note: this article is an op-ed. Reality vs. Economists’ Perception Investors believed in the dismal science of economic analyses and ratings like religious zealots. Often, the economists’ views on the markets surfaced as meticulous mathematical outputs and philosophies. But

    Why Every Investor Should Be Looking at Cryptocurrency

    | 2016/12/18 2:00 am
  • [Editor’s Note: The following article is an op-ed.] This article is for general consumption, but I’m primarily intending this for all of the Bitcoin haters out there. The trolls of Bitcoin. The people who run around the Internet, mistakenly calling Bitcoin a “scam.’’ a “pyramid scheme,“ or a “Ponzi scheme.”  The ones who have successfully ignored all that Bitcoin has accomplished over the last eight years, and are ignorant enough to actually think Bitcoin is

    Why Bitcoin Price Will See Huge Gains For The Next 10 Years

    | 2016/12/05 11:00 am
  • If you even casually follow security news, you’re aware that the key governing Microsoft Secure Boot has been found, exploited, and Secure Boot as a “feature” has been rendered meaningless. I’m here to tell you that this is a good thing. Also read: GTX 1070 Ethereum Mining Review Most coverage of the subject has been written in that panicky, alarmist prose that makes for exciting news, but the problem is that the invalidation of Secure

    Why The Windows Secure Boot Hack Is a Good Thing

    | 2016/08/19 3:00 pm
  • One of the biggest problems facing Bitcoin is people’s lack of trust. Despite the security of the blockchain, many continue to believe that Bitcoin is unsafe, attracting criminals and breeding fraud. Also read: Bitcoin Price Sluggish, But Technical Indicators Still Bullish Gox and Bitfinex: Coincidence, or Signs of Conspiracy? The recent Bitfinex hack has done little to change this attitude. In fact, when one looks at the attack, it’s easy to notice similarities between these

    Coincidence or Conspiracy? A Comparison of Mt. Gox and Bitfinex

    | 2016/08/17 5:00 am
  • It’s been three years since the Winklevoss twins announced their intention to release a bitcoin ETF to investors. Since then, they’ve battled with regulators and watched as others created and released similar products.  Now, we’re again hearing that the Winklevoss ETF will “soon” be released. The question is: will the Winklevoss ETF really ever be cleared for launch? Also read: Winklevoss Twins Propose Fully Regulated BTC Exchange Winklevoss and Bitcoin In 2012, the Winklevoss twins

    Will the Winklevoss ETF Ever Happen?

    | 2016/08/16 4:00 pm
  • The bitcoin price is flat. Did you expect a major move after bitfinex came back online? Tired of over-trading, having your eyes bleed while staring at charts that don’t move? Take a break and bet the Olympics. Also read: UFC Fight Night 92 Picks Bitcoin Betting Picks for the Olympics Women’s Soccer The Women’s soccer quarterfinals are on Friday. The favorites to win USA had a hard time against Colombia and ended up with a

    Bet on the Olympics with Bitcoin: Rio 2016 Picks

    | 2016/08/11 10:05 pm
  • The best way to bet on sports online is with bitcoin. Many traditional online sportsbooks now accept bitcoin and also offer deposit bonuses for using the currency. You can also use the “pure” bitcoin sportsbooks that provide the quickest deposits and withdraws in the industry. The number of sports bettors and sportsbooks using bitcoin increases every day, giving bettors more options.  Also read: Bet on MMA with Bitcoin: UFC 201 Betting Picks UFC Fight Night

    Bet on MMA with Bitcoin: UFC Fight Night 92

    | 2016/08/03 8:30 pm
  • “This is your last chance. After this, there is no turning back. You take the blue pill — the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit-hole goes.” –Morpheus, The Matrix Also read: Symantec Report Indicates End of Locky Ransomware Threat Recently, supreme technologist Elon Musk proclaimed his belief that

    Blockchain as the Matrix: Are We Entering a Virtual Life?

    | 2016/06/19 9:00 am
  • According to The Verge’s Russell Brandom, The recent attack on the DAO is somehow related to the past failings of Bitcoin. Also read: Technical Analysis: Long-Term Bitcoin Price Corrections to Come? That’s right: your eyes are not playing tricks on you, I promise that you read that correctly. I’ve seen my share of tinfoil-hatting on the subject of cryptocurrency and security, but Brandom’s conflation of these two completely different technologies takes the cake. The sheer

    How the Verge Totally Misrepresented the DAO, and Bitcoin

    | 2016/06/19 5:00 am
  • It’s been a bleak time for Tor in recent months. Now, with rape accusations against developer Jacob Appelbaum, it is becoming uncertain whether or not the project will be able to survive.  Also read: Hacker Sells Twitter Data Dump on Deep Web for 10 Bitcoin Ex-devs have been working with federal law enforcement to undermine the software project’s effectiveness, and changes to criminal codes could make users open to unwanted law enforcement investigation. Most recently, Appelbaum

    Tor Woes: Can the Project Survive its Recent Troubles?

    | 2016/06/09 6:03 pm
  • Despite eight years revamping the world of finance, digital currency is still getting a bum rap. Indeed, we can acknowledge the fact that Bitcoin and the blockchain has thus far held a rather short life and faced excessive negativity and competition from traditional financiers, but is that enough to lessen its accomplishments? Also read: Bitcoin Price Stays Put, Can Traders Finally Relax? Since coming to fruition in 2008, Bitcoin has practically rewritten the way we

    Money Demystified: How the Blockchain Offers Financial Safety

    | 2016/05/22 9:00 am
  • Decentralized autonomous organizations have received much attention in recent weeks since Ethereum launched its new Decentralized Autonomous Organization platform, featuring projects such as Slock.it and Digix, among others. Ethereum has chosen to ignore the elephant in the room in its press releases: there’s another DAO. It’s Bitcoin, and it’s the biggest blockchain technology around. Also read: Everyone’s Favorite Crypto Just Might Scale After All The First DAO Bitcoin is undoubtedly an online creation community: an internet

    Bitcoin Is the Original DAO

    | 2016/05/17 10:15 am
  • Editor’s Note: The following article is the opinion of the writer. It has started debate along with both positive and negative reactions. All voices should be heard and acknowledged. Andreas Antonopoulos and others are perpetuating a misconception about the nature of power by advancing the notion that the most monied institutions on the planet won’t crack the code for their own blockchain-based systems. Antonopolous claims that, if a blockchain is not an “open” — or

    Andreas Antonopoulos’ Folly On Private Blockchains

    | 2016/05/11 11:48 am
  • Will Craig Wight´s “I am Satoshi” claim cause people to panic sell their bitcoins? If he is Satoshi, then he controls a large supply of the total coins in existence and could sell them. The last two times in recent bitcoin history when there was a major news event, the price tanked and then recovered. It appears that until Wright moves some bitcoin that are from a block that Satoshi is known to control, people don´t

    I Am Satoshi: Will Dr. Wright Cause Panic in the Bitcoin Markets?

    | 2016/05/04 8:50 pm
  • The introduction of Bitcoin to the world sparked a revolution of finance and economics. Bitcoin set money’s value free from government constraint; now the value could be determined solely by the market. Instead of depending on centralized third parties for every financial transaction, people could exchange value around the world cheaply and in a completely decentralized manner. Bitcoin ushered in the age of truly digital cash. But Bitcoin isn’t the whole story. By creating an open-source

    The Origin of Dash and the Future of Money

    | 2016/04/30 8:00 pm
  • Embrace, Extend, Extinguish. Sounds like the slogan from an evil comic-book organization like Hydra, or the League of Shadows. In reality, it’s the oft-cited business mantra of Microsoft, with regards to how they handle emerging competitors and open source technologies.  Also read: IMF leak Validates Crypto Adopter Concerns You’ll find it parroted most in the open source community, particularly when Microsoft pulls stunts like their recent “partnering” with canonical to implement an Ubuntu-like Posix environment

    Keeping the Blockchain Open in the Shadow of Tech Giants

    | 2016/04/14 12:00 pm
  • Apple recently won their case against the FBI, and the FBI cracked the iPhone in question anyway, with the help of Cellebrite, a government contractor that provides “forensic extraction” tools to investigative agencies. Their new methods in securing evidence have bordered closer to hacking, bringing the legality of them into question.  Read Also: Homeland Security Task Force Tracks Domestic Bitcoin Traders The federal investigative agency has shown a pattern of reluctance to release their data acquisition

    Why the FBI Encryption Debate Is Less Significant Than You Think

    | 2016/04/13 12:00 pm
  • We’ve seen the Bitcoin scaling debate rise in fervor, come to a head, and die down without a substantial resolution. Many of its by-products are much maligned by the community, but despite the balkanization and unproductive argument that has become integral to bitcoin on social media, Bitcoin continues to be more or less an attractive option in the blockchain ecosystem. No amount of squabbling and negative press coverage will change that for the core user

    C-Bit Altcoin Highlights Everything Wrong With the Bitcoin Community

    | 2016/04/02 6:00 am
  • 31 march 2016 – BTCJam and net-ARB have been squabbling over the past few days over claims of false Bitcoin rewards issued by the former. Both companies have sent out emails to users denying responsibility for the false arbitration rewards, each blaming the other for the confusion and false reward claims. Net-ARB cites a 3rd party for verification of claims, whereas BTCJam cites the partnership between the 3rd party and net-ARB as the reason for

    net-ARB and BTCJam Fallout Highlights Necessity of Smart Contracts

    | 2016/04/01 3:42 am
  • 31 March 2016 – The federal government now has a task force dedicated to tracking and analyzing domestic and foreign “unlicensed bitcoin exchangers.” The task force, part of the Homeland Security Investigations (HSI) branch of the DHS, came to light in a federal affidavit outlining the investigation and arrest of David Burchard for large scale distribution of marijuana on Tor hidden services, under his alias, “Caliconnect”. This kind of inquiry, previously restricted to the FBI

    Homeland Security Task Force Tracks Domestic Bitcoin Traders

    | 2016/04/01 1:24 am
  • 15 March 2016 – There’s been a lot of contentious events surrounding privacy, encryption, and data security in the past few weeks covered in the media. With the US Presidential Primaries in full swing, and the presidential election looming closer on the horizon, few seem to be concerned with securing that most basic of civil liberties enjoyed in democratic nations: the right to vote. In the US, electronic voting machines, specifically the type manufactured by

    Blockchain-Based Voting Could Fix Election Security in the United States

    | 2016/03/15 9:57 pm