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Bitcoin Politics

INTERMARKET ANALYSIS: Where Bitcoin Fits In

SHA256 ALGORITHM HASHRATE: 238.9 Ph/s Facebook1Twitter15G+1Pinterest reddit Upvote Downvote submit inShare 1 This is part of a larger presentation I did at Coinagenda . See the complete slides here . I encourage everyone to quickly go through the slide deck to check the pulse of the…

cineramaOctober 21, 2014

Bitcoin Politics

Bitcoin Foundation Plans New Nomination Process Before Elections

The Bitcoin Foundation has announced updates to its corporate governance structure, including stricter rules concerning terms for board members and suggestions for a new nomination process for elections.According to a blog post , the new elections are part of the Foundation 's efforts to "instate a corporate…

cineramaOctober 21, 2014

Bitcoin Politics

BitLicense Comment Period Closes with Final Input from Circle, BitPay

New York Central Park Just in time for the closing of the comment period for New York State's 'BitLicense' proposal yesterday, bitcoin companies Circle and BitPay managed to have the final say on the matter – for now.In their comments, both companies expressed a number of…

cineramaOctober 21, 2014

Bitcoin Politics

Patrick Byrne: Bitcoin Will Immensely Disrupt Financial Industry

Jason Burack of Wall St for Main St had on American entrepreneur, e-commerce pioneer, CEO and chairman of Overstock.com and Bitcoin entrepreneur, Patrick Byrne.Patrick has been called the "Most Hated Man on Wall Street" and he has been a voice of truth for reform against…

cineramaOctober 21, 2014

Bitcoin Politics

Coinbase Co-Founder Tours Europe in International Expansion Bid

Brian Armstrong at Techcrunch Disrupt London Coinbase, one of the most visible companies in the bitcoin space, is making a strong bid to expand in Europe as it attempts to grow in new markets outside the US for the first time.In recent weeks, Coinbase has…

cineramaOctober 21, 2014

Bitcoin Politics

Why 20 Bitcoin Companies Are Backing a New Deal for Digital Identity

Open Mustard Seed, ID3 To members of more than 20 digital currency companies, the broad increase in financial access the industry hopes to achieve is currently being impeded by issues that go beyond finance and technology to defining transparency and identity in the digital age.Expanding…

cineramaOctober 21, 2014

Bitcoin Politics

The 12 Best Answers from Gavin Andresen’s Reddit AMA

Bitcoin Core developer Gavin Andresen took to Reddit today to engage the community in an ask-me-anything (AMA) session that tackled a variety of topics both silly and serious.In his post kicking off the session, the 47-year-old chief scientist at the Bitcoin Foundation detailed his contributions to the…

cineramaOctober 21, 2014

Bitcoin Politics

Bitcoin is Not Backed by Anything (And That’s OK!)

Bitcoin is Not Backed by Anything (And That’s OK!) Whenever you hear, “That currency is not backed by anything!,” it’s almost always meant as criticism. Hard-money enthusiasts are quick to point out the horrible track record of fiat currency. Nearly without fail, currencies “backed by…

cineramaOctober 21, 2014

Bitcoin Politics

Encrypted Chat Apps: Which is Best?

It’s been said that sending an email is like sending a postcard—you should assume that it’s viewable by many others. While this is true, it’s only true because trusted third parties—that is, the email providers—have been discovered to either be viewing message contents themselves, or…

cineramaOctober 21, 2014

Bitcoin Politics

Coinfloor Willing to Launch Bitcoin Fund and Trade in Wider Range of Currencies

Coinfloor Willing to Launch Bitcoin Fund and Trade in Wider Range of Currencies In an announcement Coinfloor, the London-based Bitcoin exchange , has said that it is opening up to a wider range of currencies. The company further elaborated that it will also raise money…

cineramaOctober 20, 2014

Bitcoin Politics

BTC.sx partners with itBit in large-scale Asian expansion plan

BTC.sx partners with itBit in large-scale Asian expansion plan UK-based BTC.sx , the world’s first Bitcoin-only trading platform, has announced its partnership and integration with itBit exchange to significantly increase its presence in Asia.itBit, which has locations in Singapore and New York, will initially work…

cineramaOctober 20, 2014

Bitcoin Politics

Bitcoin Analysis: Week of Oct 19 (Intro to MACD)

Bitcoin Analysis: Week of Oct 19 (Intro to MACD) Last Week’s Review In last week’s post we concluded with the following statement: “Our overall stance is now Long-Term Neutral (still have the issue of not enough new users), Intermediate-Term very slightly Bearish with lots of…

cineramaOctober 20, 2014

Bitcoin Politics

Bitstamp: Unverified Bitcoin Accounts at Risk as Deadline Looms

Bitstamp: Unverified Bitcoin Accounts at Risk as Deadline Looms Facebook2Twitter31G+3Pinterest1 reddit Upvote Downvote 1 point inShare 3Bitstamp, one of the largest exchanges in the world that deals with US dollars, is taking the customer ID verification requirement very seriously and has warned its users to…

cineramaOctober 20, 2014

Bitcoin Politics

Bitcoin Payments Company Bitnet Raises $14MM Funding Round

Bitcoin Payments Company Bitnet Raises $14MM Funding Round Not even a year old, San Francisco Bitcoin payment processing platform Bitnet announced on October20th that it had closed a Series A funding round worth US$14 million.The funding round was led by Highland Capital Partners , a global venture…

cineramaOctober 20, 2014

Bitcoin Politics

Bitcoin… We Are All The Blockchain

Bitcoin… we are all the blockchain Since the first great jump in Bitcoin’s exchange rate in early April 2013, speculative trade has stolen the limelight as the main Bitcoin story. Tweets of “To the moon!” echo like a rallying cry, selling what amounts to a…

cineramaOctober 20, 2014

Bitcoin Politics

Zenbox Becomes World’s Largest Bitcoin Kiosk Network in Just a Few Months – Interview with CEO, Cailen Sullivan

Zenbox Becomes World’s Largest Bitcoin Kiosk Network in Just a Few Months - Interview with CEO, Cailen Sullivan Facebook11Twitter44G+4Pinterest reddit Upvote Downvote submit inShare 6This week, we had the opportunity to talk with Cailen Sullivan, CEO and co-founder of ZenBox , the largest BTM (Bitcoin…

cineramaOctober 19, 2014

Bitcoin Politics

Why Bitcoin’s Core Developers Want Multiple Versions

Recent debates about whether people should be allowed to make their own changes to the bitcoin protocol have highlighted an important notion: perhaps developing Bitcoin Core, the reference version of the code, isn’t the only way for people to contribute.A recent alteration to the bitcoin…

cineramaOctober 19, 2014

Bitcoin Politics

Millions of Dollars Worth of Bitcoin Reportedly Seized in Australian Drug Bust

Millions of Dollars Worth of Bitcoin Reportedly Seized in Australian Drug Bust Australian newspaper The Age this week reported that millions of dollars worth of bitcoin has been seized in a drug bust spearheaded by Victorian authorities.Said report indicates that the Director of Public Prosecutions “obtained a…

cineramaOctober 18, 2014

Bitcoin Politics

Levine on Wall Street: Dark Pool Problems and Spreadsheet Errors

News Roundup Stocks. It's just not a good look for a trading venue to turn away orders because volume and volatility are too high. When volume and volatility are too high, that's exactly when you want to trade!1 But Goldman, Credit Suisse, and UBS "told…

cineramaOctober 18, 2014

Bitcoin Politics

On track: Bitnation CEO Rides Out Storm to Focus on Future

On track: Bitnation CEO Rides Out Storm to Focus on Future FacebookTwitter80G+1Pinterest reddit Upvote Downvote submit inShare 2Blockchain governance system Bitnation came under the spotlight this week when its crowdsale was unexpectedly postponed. Its vending partner, concerned about a negative reaction from Australian policy makers,…

cineramaOctober 18, 2014

Bitcoin Politics

Russian Yandex Forgot Bitcoin Exchange Rate

Russian Yandex Forgot Bitcoin Exchange Rate Russian Deputy Finance Minister Aleksey Moiseev informed a reporter that the Russian government would be banning Bitcoin within one year. That was in September, only a month ago, and it seems that they are moving forward much more rapidly.…

cineramaOctober 18, 2014

Bitcoin Politics

Op-Ed: Why We Need Decentralized Due Diligence

Op-Ed: Why We Need Decentralized Due Diligence Facebook38Twitter21G+1Pinterest reddit Upvote Downvote submit inShare 1The recent happenings around BitNation illustrate how simply creating a coin and starting a crowdsale is not enough . We need due diligence around projects and an engagement mechanism that ensures that…

cineramaOctober 18, 2014

Bitcoin Politics

Cryptocurrency Trading News: Market Running Out of Steam

Cryptocurrency Trading News: Market Running Out of Steam ForexMinute.com – There can never be a better explanation in the ways cryptocurrency market react. A two-week bullish hangover seems to be ending on a disruptive note, if one looks at the last 24 hours. Almost every…

cineramaOctober 18, 2014

Bitcoin Politics

Crowdfunding Platform Swarm Announces First Class of Startups

Decentralized crowdfunding startup Swarm has announced the first class of businesses that will feature on its bitcoin-powered platform.The crowdfunding platform’s application process saw a number of groups submit applications, with a select few advancing to the video presentation stage. Entrepreneurs hoping to take part in the initiative…

cineramaOctober 18, 2014

Bitcoin Politics

Why Brazil’s Bitcoin Market is Struggling to Ignite

For better or worse, the story of bitcoin in Brazil begins with Leandro César Marciano.An IT consultant from Belo Horizonte, Marciano founded and later sold the country’s largest bitcoin exchange Mercado Bitcoin following an alleged security breach, and launched Bitcoin Rain, an investment scheme suspended…

cineramaOctober 18, 2014

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