Coin News

Most explanations of the falling price of bitcoin fail to stand up to scrutiny, so what's really going on?

The Liberty Beat Partners with Genesis Communications Network FOR IMMEDIATE RELEASE Contact: John Bush, Owner and Editor in Chief of The Liberty Beat Phone: 512-773-6102 Email: [email protected] San Marcos, TX – The Liberty Beat, your daily source for liberty news and activist updates, is announcing a new partnership with the Genesis Communications Network that will greatly expand the reach of the program. The daily news service will also soon be producing three updated editions a day. Since January of 2013, The Liberty Beat has provided daily top-of-the-hour news that could be heard on LRN.FM and up to 14 times per day on 90.1 FM in Austin, TX. Now, you can hear the daily news service on the Genesis Communications Network […]

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Throughout the short history of cryptocurrency, hundreds of coins have debuted and then died. Digital altcoin graveyards are filled with coins who thought they may one day challenge Bitcoin but are now nothing more than a distant memory–a forgotten file on a few former users’ hard drives. However, throughout this tumultuous time, two coins have consistently retained […]

The post Ripple Price Increase Could Drop Litecoin to 3rd in Coin Market Cap appeared first on CryptoCoinsNews.

Throughout the short history of cryptocurrency, hundreds of coins have debuted and then died. Digital altcoin graveyards are filled with coins who thought they may one day challenge Bitcoin but are now nothing more than a distant memory–a forgotten file on a few former users’ hard drives. However, throughout this tumultuous time, two coins have consistently retained […]

The post Ripple Price Increase Could Drop Litecoin to 3rd in Coin Market Cap appeared first on CryptoCoinsNews.

Throughout the short history of cryptocurrency, hundreds of coins have debuted and then died. Digital altcoin graveyards are filled with coins who thought they may one day challenge Bitcoin but are now nothing more than a distant memory–a forgotten file on a few former users’ hard drives. However, throughout this tumultuous time, two coins have consistently retained […]

The post Ripple Price Increase Could Drop Litecoin to 3rd in Coin Market Cap appeared first on CryptoCoinsNews.

I decided to see how practical it would be to mine Bitcoin with pencil and paper. It turns out that the SHA-256 algorithm used for mining is pretty simple and can in fact be done by hand. Not surprisingly, the process is extremely slow compared to hardware mining and is entirely impractical. But performing the algorithm manually is a good way to understand exactly how it works.

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The Dutch Openbaar Ministerie, their Public Prosecution Service, has leaked a document to volkskrant.nl regarding plans for Project: ITOM (Illegal Trade on Online Marketplaces). The Dutch OM will be working in conjunction with government agencies from around the world, but mostly Europe, to hinder the development of the deep web’s online marketplaces, which happen to […]

The post Project: ITOM (Illegal Trade on Online Marketplaces) Will Target Europe’s Bitcoin Users appeared first on CryptoCoinsNews.

The word “crypto” is Greek in origin (from kryptós) and means “hidden” or “secret.” Cryptozoology is the study of hidden and rare animals, cryptography is the study of hidden or secret writings, etc. In contemporary times, the use of crypto as a prefix usually designates a secret identification. While few today would declare their allegiance to the ideals of fascism, it is not uncommon to hear people referred to as “crypto-”fascists. The addition of crypto as a prefix in this case indicates a belief that someone is 1) secretly a fascist or 2) they act in ways to surreptitiously bring about fascism. The double entrendre of “crypto as a prefix” can help us understand the role of crypto in the […]

The post Crypto-Anarchists and Cryptoanarchists appeared first on Bitcoin Magazine.

In my previous related article “Bitcoin Price Goes Down? Good!” I argued that the ongoing trend toward declining value of Bitcoin is healthy. Now I am here to bring you the bad news that the trend will continue and the price of Bitcoin will continue to go down. This is my opinion, not necessarily shared […]

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Arthur C. Clarke’s third law famously states: “Any sufficiently advanced technology is indistinguishable from magic.” What Bitcoin makes possible can at first seem almost magical, or just impossible (and therefore most likely fraudulent or otherwise doomed). The following describes the basic technical elements behind Bitcoin and how it brings them together in new ways to make seeming magic possible in the real world. Clarke’s second law states: “The only way of discovering the limits of the possible is to venture a little way past them into the impossible.” And this, we can see in retrospect, is basically what Bitcoin creator Satoshi Nakamoto did. Few at the time, even among top experts in relevant fields, thought it could really ever work. […]

The post Bitcoin: Magic, Fraud, or Sufficiently Advanced Technology?: Part I appeared first on Bitcoin Magazine.

Out of all of the Bitcoin-accepting charity representatives I’ve had the pleasure to interact with, Anne Connelly was the most sincere. Although she admits it started as a publicity stunt, she claims her interest grew the more she learned about it, and hopes to make it a significant source of funds. She reached out to the VanBex marketing company to ask for help in finding Bitcoin donors and discuss sponsorship opportunities, and was referred to the Bitcoin Co-op, which handles non-profit projects. In the short time since we’ve partnered with them, I’ve gotten to understand their perspective on Bitcoin’s charitable impact, and how we can amplify it even further. Dignitas International is a Canadian-based international charity dedicated to fighting AIDS in poor […]

The post Dignitas: Fighting AIDS with Bitcoin appeared first on Bitcoin Magazine.

Part I can be read here along with this CoinDesk Article on why we changed Camp Bitcoin to Camp Dogecoin   “What is this–that Bitcoin bulls*t?!” were the words I awoke to my first morning at Burning Man. A large burly man declaring himself as “Papa Bear,” who was also in charge of placement of our camp, came out with teeth bared. We had set up camp about 10 feet in the wrong direction, and he found an excuse to ream us out for not agreeing with his brain. Our camp organizer, Gary Lachance, instantly sprung out of his tent, fully postured to face the noise.  “Camp Dogecoin,” Gary said in his calm collected monotone voice, trying to calm the beast. Papa […]

The post We’re On A Mission From Doge: Burning Man Part II appeared first on Bitcoin Magazine.

Part I can be read here along with this CoinDesk Article on why we changed Camp Bitcoin to Camp Dogecoin   “What is this–that Bitcoin bulls*t?!” were the words I awoke to my first morning at Burning Man. A large burly man declaring himself as “Papa Bear,” who was also in charge of placement of our camp, came out with teeth bared. We had set up camp about 10 feet in the wrong direction, and he found an excuse to ream us out for not agreeing with his brain. Our camp organizer, Gary Lachance, instantly sprung out of his tent, fully postured to face the noise.  “Camp Dogecoin,” Gary said in his calm collected monotone voice, trying to calm the beast. Papa […]

The post We’re On A Mission From Doge: Burning Man Part II appeared first on Bitcoin Magazine.

After months of working with customers in an invite-only phase, today Circle opened their initial service to the world. Circle is a new kind of Internet-centric consumer financial service, one that the average person would find enjoyable and powerful, built on the promises of Bitcoin – instant, global, secure, free transactions. The Circle announcement states […]

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Coinarch is pleased to announce the launch of its latest product, the Maximiser. The Coinarch Maximiser is a bitcoin-linked investment which allows users to earn high rates of interest in a flat or upward trending market, bringing a new dimension to the world of bitcoin investing. “We are really excited to have the Coinarch Maximiser up and running,” said Coinarch CEO Jeremy Glaros. “Including the Maximiser in our suite of products means our customers can now generate attractive bitcoin-linked returns even in sideways markets, something which up to now has not been available in the bitcoin space. Given the relative stability of the bitcoin price from mid-June through to early August, we think the Maximiser will be attractive to a […]

The post Coinarch Launches Maximiser Aimed at Changing the World of Bitcoin Investing appeared first on Bitcoin Magazine.

When Circle's Bitcoin bank launched in May, the only way that you could sign up was if you had an invitation. From today, however, the nascent financial institution has opened its doors to everyone in the world. Circle is pitching itself as a...

As a follow up to my piece “Why Bitcoin Value vs The U.S. Dollar Does Matter (And Never Will)”, it is necessary to understand the fate of the U.S. Dollar is set in stone. The U.S. Dollar must collapse. Fait accompli. The average American is ignorant to this fact because: 1) An ignorant American consumer […]

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Weekend trade pulled the Bitcoin price below support at $400. At the start of the European session today, an intraday low was printed across exchange charts – $364.79 at Bitstamp. The new low has made decline to $200 a possibility, but it’s unlikely to be achieved in a single wave down. Time of Analysis: 13h00 […]

The post Navigating the Bitcoin Price Swings appeared first on CryptoCoinsNews.

Circle's digital money platform is now publicly available across the world with support for seven languages.

A few weeks after suffering the wrath of Bitcoiners about unexpected cards fees that came with a two-month card shipping delay, the company is experiencing new setbacks from customers that complain about funds disappearance cases. XAPO Customers Complain XAPO, the company with the largest capitalization of all Bitcoin industry with a $40M record fundraising, is again […]

The post Bitcoin Company XAPO Facing Mounting Customer Complaints appeared first on CryptoCoinsNews.

This is my official, first-person review of the website PizzaForCoins.com, which allows you to buy pizza with Bitcoin from the three largest pizza chains worldwide, instead of using paper currency. The thoughts and views expressed here are not necessarily shared by CryptoCoinsNews.com and are the opinions of the author, Evander Smart, alone. Being a old […]

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