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by posternut
Sun Jan 29, 2017 7:16 pm
Forum: In the news
Topic: How Sustainable Will Bitcoin Be After the Apocalypse?
Replies: 3
Views: 716

How Sustainable Will Bitcoin Be After the Apocalypse?

Over the past few years, worldwide fears of an apocalypse-type scenario have increased quite a bit. The trend is likely to be associated with global economic turbulence, failed central planning, and the rise of tyrannical governance. With people believing doomsday may come to pass, many are hoardin...
by posternut
Sun Jan 29, 2017 1:57 am
Forum: In the news
Topic: Japan Has Become a Big Player Within the Bitcoin Economy
Replies: 2
Views: 802

Japan Has Become a Big Player Within the Bitcoin Economy

Over the past year, Japan has been laser focused on digital currency and blockchain solutions. Moreover, the country has recently become the second largest Bitcoin trading region in the world. Now one of Japan’s largest IT conglomerates plans on entering the Bitcoin industry with a new wallet and e...
by posternut
Sat Jan 28, 2017 9:23 pm
Forum: In the news
Topic: Bitcoin Powerhouse Bitfury Initiates Global Blockchain Business Council in Davos
Replies: 0
Views: 309

Bitcoin Powerhouse Bitfury Initiates Global Blockchain Business Council in Davos

Last week at the World Economic Forum 2017 Annual Meeting in Davos, Switzerland, the technology firm Bitfury announced the formation of the Global Blockchain Business Council (GBBC). The initiative grew from Bitfury’s latest partnership with international law firm Covington. GBBC represents an asso...
by posternut
Sat Jan 28, 2017 6:10 pm
Forum: In the news
Topic: Venezuelan Authorities are ‘Weakening’ Bitcoin Mining Operations
Replies: 0
Views: 283

Venezuelan Authorities are ‘Weakening’ Bitcoin Mining Operations

Venezuelan authorities are cracking down on Bitcoin mining facilities and are focused on “weakening” these mining operations within the region. According to reports on January 27, the Organized Crime Bureau of the Bolivarian National Police (BNP) shut down an 11,000 unit Bitcoin mining undertaking....
by posternut
Fri Jan 27, 2017 8:10 pm
Forum: In the news
Topic: Following a Day of Delays, Lukejr Proposes to Decrease the Block Size
Replies: 0
Views: 285

Following a Day of Delays, Lukejr Proposes to Decrease the Block Size

On January 24, the Bitcoin blockchain transaction queue was significantly backed up with unconfirmed transactions. At the peak of the backlog, the mempool showed over 67 thousand unconfirmed transactions. Following this event Bitcoin developer Lukejr has revealed his latest Github BIP proposal aski...
by posternut
Fri Jan 27, 2017 2:34 pm
Forum: In the news
Topic: Basel Institute: “Take Action Against Digital Currency Mixers/Tumblers”
Replies: 2
Views: 463

Basel Institute: “Take Action Against Digital Currency Mixers/Tumblers”

On January 16-18 in Doha, Qatar, a large group of representatives from the Basel Institute on Governance, Europol, Interpol, and authorities from Qatar met to discuss money laundering and digital currencies. The event, filled with investigators from all around the world, focused on ideas on how to ...
by posternut
Fri Jan 27, 2017 2:33 pm
Forum: In the news
Topic: Anarchapulco Freedom Conference Dedicates Full Day to Crypto
Replies: 0
Views: 290

Anarchapulco Freedom Conference Dedicates Full Day to Crypto

One of the world’s largest voluntaryism-based conferences, Anarchapulco, is setting the stage once again in Mexico. The event, which is held in the beautiful surroundings of Acapulco will embrace libertarian philosophy, economics, entrepreneurship, politics, and cryptocurrency solutions throughout ...
by posternut
Thu Jan 26, 2017 8:13 pm
Forum: In the news
Topic: Venezuelan Bitcoin Miners Arrested for ‘Electricity Theft’
Replies: 2
Views: 495

Re: Venezuelan Bitcoin Miners Arrested for ‘Electricity Theft’

The first mistake was posting pictures of miners and identifiable information while living in a socialist state...
Exactly.
by posternut
Thu Jan 26, 2017 3:35 pm
Forum: In the news
Topic: Venezuelan Bitcoin Miners Arrested for ‘Electricity Theft’
Replies: 2
Views: 495

Venezuelan Bitcoin Miners Arrested for ‘Electricity Theft’

Four Bitcoin miners have been arrested in Charallave, Venezuela according to the spanish-language Bitcoin publication Criptonoticias. The arrest comes at a time of turmoil in Venezuela’s economy, with some individuals turning to Bitcoin. Read More Here: https://news.bitcoin.com/venezuela-bitcoin-mi...
by posternut
Thu Jan 26, 2017 2:05 pm
Forum: In the news
Topic: Don’t Expect to See Kim Dotcom’s Bitcoin Babies Until Later this Year
Replies: 1
Views: 358

Don’t Expect to See Kim Dotcom’s Bitcoin Babies Until Later this Year

As Bitcoin.com previously reported, a good portion of the cryptocurrency community has been focused lately on the tweets of Kim Dotcom. On the anniversary of authorities seizing Megaupload, Dotcom told the public he had an announcement about his new Megaupload and Bitcache project. A few days later...
by posternut
Thu Jan 26, 2017 1:15 am
Forum: In the news
Topic: Review of the Cold Storage Hardware Wallet Cryptosteel
Replies: 1
Views: 390

Review of the Cold Storage Hardware Wallet Cryptosteel

There are various ways to maintain bitcoin using cold storage techniques like a paper or a hardware wallet. Lots of these methods keep your cryptocurrency safe, but private keys and seed phrases need to be backed up in a secure fashion. One method of backup is called Cryptosteel, which can safely h...
by posternut
Tue Jan 24, 2017 8:11 pm
Forum: In the news
Topic: The Qtum Project Creates a Mixture of Bitcoin and Ethereum
Replies: 2
Views: 1262

The Qtum Project Creates a Mixture of Bitcoin and Ethereum

A new project called Qtum has been created by the Singapore-based Quantum Foundation that plans to meld the Bitcoin protocol with Ethereum technology. The open source project integrates the Ethereum Virtual Machine with Bitcoin’s Unspent Transaction Output (UTXO) model and aims to provide smart con...
by posternut
Tue Jan 24, 2017 5:57 pm
Forum: In the news
Topic: Markets Update: Upward Trends As All Eye Trump and China
Replies: 0
Views: 274

Markets Update: Upward Trends As All Eye Trump and China

Most of this week’s cryptocurrency markets have been on an upward trend following the top digital asset, Bitcoin. On January 16 Bitcoin’s fiat price value broke the US$900 range, once again showing a determined bullish outlook. Meanwhile, the top ten altcoins in the cryptocurrency ecosystem have ei...
by posternut
Mon Jan 23, 2017 6:20 pm
Forum: In the news
Topic: Fierce Debate Only Natural In Open Source Developments Like Bitcoin
Replies: 1
Views: 1015

Fierce Debate Only Natural In Open Source Developments Like Bitcoin

Bitcoin was released to the public as an open source project that allows anyone in the world to not only transact in a decentralized manner, but also help modify the code. Many open source projects like Linux have started with the source code followed by a myriad of alternative implementations. How...
by posternut
Mon Jan 23, 2017 1:09 am
Forum: In the news
Topic: The Bitcoin Store Helps ‘Shibes For Socks’ Program
Replies: 5
Views: 1805

The Bitcoin Store Helps ‘Shibes For Socks’ Program

The Bitcoin Store (store.bitcoin.com) is pleased to announce a charitable partnership with the Dogecoin community called the “Shibes For Socks” project. By working with the Los Angeles-based Love My Neighbor Foundation, the organizations have collaborated to deliver socks to the homeless within the...
by posternut
Sun Jan 22, 2017 7:45 pm
Forum: In the news
Topic: Big Changes Coming Within the Chinese Bitcoin Exchange Realm
Replies: 0
Views: 297

Big Changes Coming Within the Chinese Bitcoin Exchange Realm

There’s a lot of changes happening with Chinese bitcoin exchanges lately in light of the recent central bank inspections. Last week the top three exchanges within the region drastically changed margin lending services. Now more revelations have come to light as these companies plan on charging thei...
by posternut
Sun Jan 22, 2017 6:18 pm
Forum: In the news
Topic: QE and Capital Controls Create Worldwide Demand for Bitcoin
Replies: 0
Views: 259

QE and Capital Controls Create Worldwide Demand for Bitcoin

Bitcoin had an incredible run in 2016, finally breaking $1,000 USD on New Year’s Day 2017. Many people are curious to find out why significant amounts of money found its way into the bitcoin economy over the past year. Two of the biggest reasons that are spurring bitcoin demand worldwide are bitcoi...
by posternut
Sun Jan 22, 2017 3:38 pm
Forum: In the news
Topic: Samourai Wallet Launches New Privacy Feature Ricochet
Replies: 0
Views: 309

Samourai Wallet Launches New Privacy Feature Ricochet

The developers of the privacy-centric bitcoin wallet, Samourai, have announced a new feature that claims to “improve fungibility and frustrate blockchain spies.” Launched in the spring 2015, the creators of the Samourai bitcoin wallet have been staunch advocates of bitcoin privacy and fungibility. ...
by posternut
Fri Jan 20, 2017 2:09 pm
Forum: In the news
Topic: Report: The North American Bitcoin Conference – Day Two
Replies: 0
Views: 331

Report: The North American Bitcoin Conference – Day Two

The North American Bitcoin Conference (TNABC) has finished up its final day in Miami. Day two showcased a wide array of great speakers educating the crowd about the many benefits of bitcoin and its surrounding technologies. As Bitcoin.com recently reported, attendees of the Miami Bitcoin conference...
by posternut
Fri Jan 20, 2017 2:07 pm
Forum: In the news
Topic: Report: The North American Bitcoin Conference – Day One
Replies: 0
Views: 296

Report: The North American Bitcoin Conference – Day One

The 2017 North American Bitcoin Conference packed a large crowd this year with hundreds of guests networking in the warm surroundings of beautiful Miami beach. Energy was in high spirits over the course of the event celebrating Bitcoin’s eight year anniversary. The North American Bitcoin Conference...
by posternut
Mon Jan 16, 2017 2:17 am
Forum: In the news
Topic: [2017-01-12]Russia’s Relationship with Bitcoin May See Brighter Days Ahead
Replies: 1
Views: 453

[2017-01-12]Russia’s Relationship with Bitcoin May See Brighter Days Ahead

The state of bitcoin’s legality in Russia has been shaky over the past couple of years. Reports of bitcoin bans, jail sentences for holding cryptocurrencies, and other regulatory policy headlines have spread like wildfire. Throughout many of these stories Russia’s Deputy Finance Minister, Alexey Moi...
by posternut
Sun Jan 15, 2017 3:07 pm
Forum: In the news
Topic: Nigerian SEC Associates Shady MLM Schemes Like Onecoin With Bitcoin
Replies: 0
Views: 282

Nigerian SEC Associates Shady MLM Schemes Like Onecoin With Bitcoin

This past week the Securities and Exchange Commission (SEC) of Nigeria has warned its residents about virtual currency investments. The agency’s warning has bundled bitcoin investment with two Multi-Level-Marketing (MLM) operations well known for deceptive activities. https://news.bitcoin.com/niger...
by posternut
Sat Jan 14, 2017 6:37 pm
Forum: In the news
Topic: Bitcoin Mining Power Growing Bigger But Greener
Replies: 2
Views: 779

Bitcoin Mining Power Growing Bigger But Greener

Bitcoin has created a vast mining sector within the network’s economy that is growing exponentially. Mining bitcoin has spread the technology towards new thoughts concerning energy consumption, ways to utilize bitcoin mining’s heat source, greener energy solutions and more. https://news.bitcoin.com...
by posternut
Sat Jan 14, 2017 1:22 am
Forum: In the news
Topic: German TV Channel Says Bitcoin Is “Digital Gold”
Replies: 1
Views: 515

German TV Channel Says Bitcoin Is “Digital Gold”

One of Germany’s oldest and well known publicly owned television channels Das Erste recently aired a full featured news report on bitcoin, referring to the cryptocurrency as “digital gold.” In a recently broadcast television show a Das Erste reporter provides an in-depth description of the innovati...
by posternut
Fri Jan 13, 2017 6:20 pm
Forum: In the news
Topic: Markets Update: Cryptocurrency Prices Begin Rebounding
Replies: 1
Views: 341

Markets Update: Cryptocurrency Prices Begin Rebounding

The past week in the cryptocurrency space has been interesting, to say the least. Since our last market update, many of the top digital assets including bitcoin have experienced a bearish downtrend. The significant dive had seen bitcoin hit a low of US$750 per BTC, but the price rebounded on Januar...
by posternut
Fri Jan 13, 2017 1:45 pm
Forum: In the news
Topic: The Lightning Network Alpha Release is Ready for Testing
Replies: 0
Views: 234

The Lightning Network Alpha Release is Ready for Testing

A recent blog post by developers of the Lightning Network, has announced an alpha release of the protocol’s daemon. The release called v0.1-alpha of the Lightning Network is said to be a milestone that enables the platform to be publicly tested by developers. With roughly fifteen developers contrib...
by posternut
Wed Jan 11, 2017 4:25 pm
Forum: In the news
Topic: Chinese Bitcoin Exchange Inspections Cause Price Drop and FUD
Replies: 0
Views: 243

Chinese Bitcoin Exchange Inspections Cause Price Drop and FUD

News from China is once again spreading through the bitcoin world like wildfire. It appears China’s central bank the People’s Bank of China (PBOC) is visiting with the top three Chinese exchanges and assessing the company’s operations. Per usual the price of bitcoin took a dive during the early hou...
by posternut
Tue Jan 10, 2017 6:19 pm
Forum: In the news
Topic: Mainstream Media Should Research Before Publishing Bitcoin Reports
Replies: 1
Views: 354

Mainstream Media Should Research Before Publishing Bitcoin Reports

Since bitcoin’s significant price rise over the past couple of months, the digital asset has gained attention from the mainstream media. Lots of them have been quite optimistic and have described the cryptocurrency in a positive light. However, just recently a couple of mainstream publications have...
by posternut
Tue Jan 10, 2017 2:32 pm
Forum: In the news
Topic: Venezuelans Turn to Bitcoin to Escape Financial Hardships
Replies: 1
Views: 357

Venezuelans Turn to Bitcoin to Escape Financial Hardships

Venezuela has been suffering from significant economic decline and turbulent markets. Many worldwide and residents of the region blame the country’s socialist government and centrally planned economic choices. Over the past few months, it’s been reported quite frequently that Venezuelan citizens ha...
by posternut
Mon Jan 09, 2017 1:31 pm
Forum: In the news
Topic: Ark Invest Reveals New Data on Bitcoin Asset Classification
Replies: 0
Views: 208

Ark Invest Reveals New Data on Bitcoin Asset Classification

Last summer executives from Ark Invest and Coinbase released a paper called “Bitcoin: Ringing the Bell for a New Asset Class,” which defines the cryptocurrency as a new asset class for the 21st century. The paper written by Ark Invest’s Chris Burniske and Coinbase Vice President Adam White has rece...

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