Coin News

Cryptoagency.org is seeking to build a Better Business Bureau for the bitcoin industry, fueled by user reviews.

Let there be two owners A and B of commodities x and y, respectively, of whom A wants y and B wants x. With no money and no third commodity, the only way for both owners to obtain their desired commodities is directly from each other: A ⇢ y B ⇢ x x y y x Otherwise, A and B must delegate their commodity ownership to someone who then redistributes it between them. However, such a centralized solution would at least partially contradict the same ownership, by at least partially transferring it away from its rightful controllers. Hence, only a decentralized solution can preserve the whole commodity ownership underlying this exchange, by A and B exchanging x and y directly. Still, direct commodity exchange […]

The post Social Multiequivalence: Money as Decentralization appeared first on Bitcoin Magazine.

The Chamber of Digital Commerce has filed its response to New York's proposed bitcoin regulations.

Libra has announced it will soon launch LibraTax, a software suite to help bitcoin users meet IRS requirements.

Bitcoin Price is in the last leg of decline since the early-June high near $680. This downtrend, although relentless, is neither stronger nor more volatile than comparable declines in the first five months of 2014. In fact, the current wave down is characterized by little price swing and measured corrections. The big question is where […]

The post Bitcoin Chart Analysis – The End of Trend appeared first on CryptoCoinsNews.

Today sees the launch of CoinDesk's Bitcoin Sentiment Index, which attempts to gauge public perceptions of the digital currency.

I don’t know how it’s going to happen, but I know it will.   A new financial order is emerging which will be radically more transparent than the system which has not fundamentally renovated itself since the crisis of 2008.    PPI scandals.   Libor rigging.    On and on it goes.   The financial services industry fundamentally lost sight of the simple fact that it is not an industry; it’s a service industry to industry.    Its job is to back the industrialists of the day.

As a global movement, from the day one Bitcoin arrived in the scene, the digital currency has been an example of true international cooperation, attracting a community across the globe unified around the vision of a world without barriers.

ie im Jahr 2012 gegründete und mit Sitz in London relativ neue Online-Zahlungsplattform Payza konkurriert mit Diensten wie PayPal. Die persönlichen Konten bei Payza ermöglichen es dem Nutzer, Geld international zu überweisen und verschiedene Waren online zu kaufen. Die Geschäftskonten werden von Händlern dafür genutzt, um Zahlungen zu bearbeiten, Rechnungen auszustellen und um andere Aspekte […]

The post Payza bringt den Bitcoin in Entwicklungsländer appeared first on CryptoCoinsNews.

CoinDesk speaks to Electronic Transactions Association CEO Jason Oxman about bitcoin's future in payments and New York's BitLicense regulation.

Deckbound is a series of upcoming collectible card games that will feature cards backed by transactions on Bitcoin’s Blockchain; each unique card will be assigned a specific transaction on the Blockchain. Because each card is simply a transaction on the Blockchain, players will have a free market to buy, sell, and trade their collection of […]

The post Deckbound: A Competitive Card Game Based On The Bitcoin Blockchain appeared first on CryptoCoinsNews.

Trust is something we’ve taken for granted for a long time. Until recently, nobody ever thought to formally study the concept, except for the Machiavellian goal of learning to falsely instill it in others. One of the most revolutionary things accomplished by cryptocurrency and related fields is to turn that question on its head: instead of wondering what makes people trust others, Satoshi questioned whether trust is necessary or efficient in the first place. Who do we really have to trust with our money, why, and what can we do to change that? Origins Long-time Bitcoin Magazine readers likely have no love for the concept of trust, but it was actually a remarkable innovation: rudimentary forms of it are restricted almost […]

The post The Science of Trust appeared first on Bitcoin Magazine.

If you’re reading this article, there’s a good chance you know a thing or two about bitcoin. You can prognosticate about prices and harangue about hash rates with the best of ‘em. Despite that, you’re still part of a minority, at least according to Bloomberg. Fewer than half of Americans know what bitcoin even is, and those who do have vastly different levels of knowledge. Effective communication will change that. Here are a few guidelines for conversing about bitcoin. Don’t get technical. Don’t assume that your interlocutor knows what you’re talking about. Especially at the beginning of a conversation, always over-communicate and reiterate. If you were selling a car, you wouldn’t start by belaboring a detailed verbal schematic of the inner […]

The post Dos and Don’ts of Talking Bitcoin with Noobs appeared first on Bitcoin Magazine.

Feeling lost? See parts one and two of this guide. The Bitcoin community has made great strides in spreading adoption so far. Businesses accepting Bitcoin have popped up all over the world, and in many cities like Vancouver, we’re starting to experiment with spreading vertically along the supply chain. Hopefully soon the public will begin to embrace it, but a crucial problem remains: if everyone gets paid in bitcoins, how will they pay their taxes? There are a lot of things that just aren’t easy to accomplish with a grassroots approach. In many parts of the world, people still rely on things like public transportation, the payment mechanisms for which are controlled by the government. If you go to a […]

The post Building a Bitcoin Economy: How to Make the Transition appeared first on Bitcoin Magazine.

This story originally appeared in Bitcoin Magazine Issue 21. “Without art, the crudeness of reality would make the world unbearable.” -George Bernard Shaw Art is an undeniable feature of society. They have always been a part of our humanity.  Unlike sciences, which have predictable laws, art is human expression.  Limitless, and inspirational. Art has the power to move humans into action… or inaction. Art can also be a commentary on our current human conditioning, leaving a mark on society. Yet these marks are largely funded and arguably controlled by the elite – wealthy families, foundations, and galleries – the ‘patrons of the arts.’ Artists must find a way to remain true to their forms of truth without offending those who […]

The post How Bitcoin Can Transform Art appeared first on Bitcoin Magazine.

Have you ever thought about leveraging your stored bitcoin? Perhaps you don’t spend your bitcoin, and you, like others, save it with the hopes of its increase. (It is deflationary, after all.) I originally met Adam O’Brien, Founder and President of Bitcoin Solutions, at the Toronto Expo in April, 2014. He’s a nice, down to earth guy with a lot of thoughts on bitcoin.  Like me, he’s a bitcoin enthusiast and his company offers some really cool ways to engage with bitcoin. I spoke to him today about his latest ventures and projects in the space. O’Brien originally got involved in bitcoin when he wanted to buy it, but found – like most of us – that it isn’t exactly easy […]

The post Leverage Your Bitcoin: An Interview with Bitcoin Solutions’ Adam O’Brien appeared first on Bitcoin Magazine.

Emerging market-focused bitcoin exchange BitX has raised S$1m as part of its latest seed funding round.

 The price of litecoin and bitcoin, two of the most prominent cryptocurrencies, once saw their prices go up and down in something approaching a consistent ratio. That’s to say that bitcoin was always worth far more than litecoin, but the two coins saw their value rise and fall roughly in step with each other. In June, that started to fall apart. Noting the decoupling, TechCrunch… Read More

 The price of litecoin and bitcoin, two of the most prominent cryptocurrencies, once saw their prices go up and down in something approaching a consistent ratio. That’s to say that bitcoin was always worth far more than litecoin, but the two coins saw their value rise and fall roughly in step with each other. In June, that started to fall apart. Noting the decoupling, TechCrunch… Read More

Crypto travel agency BTCTrip has announced it is now accepting dogecoin and litecoin payments.

Crypto travel agency BTCTrip has announced it is now accepting dogecoin and litecoin payments.

Crypto travel agency BTCTrip has announced it is now accepting dogecoin and litecoin payments.