Coin News

BitPAC has sent $250 worth of bitcoin donations to eight members of Congress, including Rand Paul and Paul Ryan.

After Circle opened to the public, the topic on everyone’s mind was how simple it looked to use. With the process of acquiring and sending Bitcoin being highly complex and confusing, Circle found a way to make everything look clean, smooth and user-friendly. In response, Coinbase unveiled their new look and interface featuring a more […]

The post Coinbase Unveils New Layout In Response to Circle Bitcoin Bank Launch appeared first on CryptoCoinsNews.

Ex-VeriFone CFO and new BitFury board member Bob Dykes talks about bitcoin in context of payments innovation.

Bitcoin France has joined the Bitcoin Foundation as its newest international chapter. The Bitcoin Foundation also has chapters in Australia, Bangladesh, Canada, Denmark, Germany, Mexico, The Netherlands, Romania, and Slovenia. The Association Bitcoin France is headed by Philippe Rodriguez, the President of Bitcoin France. France has been one of Europe’s Bitcoin hubs for years now. Paris is […]

The post Bitcoin France Joins Bitcoin Foundation as Newest Chapter Affiliate appeared first on CryptoCoinsNews.

The rise of the free and open Internet since the early 1990s has led the gambling industry to expand its reach further into new markets. Despite strict and heavy regulatory policies, online gambling firms have managed to comply with a seemingly endless barrage of tighter gambling laws. Likewise, new payment systems have emerged that provide easier ways to lure people into making more bets. One such scheme is the introduction of Bitcoin, which is an open-source system using peer-to-peer technology for online payments. This type of payment system has the ability to bypass certain restrictions in online gambling all over the world, making it a potentially profitable betting tool for online casinos and gamblers. Placing bets The advantages of using […]

The post Bitcoin’s Impact on the Online Gaming Industry appeared first on Bitcoin Magazine.

The Constitution is a living document. The Bible is a living document. The manifesto for the Pepsi logo is a living document and the Bitcoin white paper is breath, a breath of fresh air. Yes, this document is a representation of pure mathematical truth; however, I believe we are at fault if we are to assume “truth” is ubiquitously understood by the masses, or, that the white paper is a system of values and virtues the masses can empathize with. The majority of the world does not look to the white paper as a guideline for anything more than rational knowledge due to the very nature of math as an emotionless concept for anyone who is not a mathematician. Distilling […]

The post A Magna Carta for Bitcoin appeared first on Bitcoin Magazine.

In all the craze over Bitcoin ASICs, no one has ever answered the pressing question: How long would it take to solve a BTC hash by hand? Now we know

The Georgia Institute of Technology has integrated bitcoin into its student dining and shopping credit system.

The Bitcoin price hit $397.75 during the US trading session yesterday and has since retraced to $380. Trade has slipped back below the 20-period moving average on the 4-hour chart and downside looms… but where is it? Bitcoin Price Decline Doesn’t Want to Play Time of analysis: 14h30 UTC 1 October 2014 The 15-minute Bitstamp […]

The post What Happened To The Bitcoin Price Decline? appeared first on CryptoCoinsNews.

ATLANTA, GA – OCTOBER 1, 2014 — Georgia Institute of Technology will be the first university in the world to integrate bitcoin payments into its stadium concession sales and student dining and shopping credit system, announced Wednesday by BitPay, the world’s leading bitcoin payment processor. Bitcoin point of sale devices will be located in the student section of Bobby Dodd Stadium, and the Barnes & Noble store in Tech Square will be home to a bitcoin-enabled point purchase terminal for student credit BuzzCards. Students who use bitcoin will now be able to purchase food and goods at almost all locations on the Tech campus. Georgia Tech was founded in 1885 and remains one of the most prestigious public universities in […]

The post Georgia Tech and BitPay Announce Bitcoin Integration appeared first on Bitcoin Magazine.

Yesterday, Reddit’s admin Yishan announced that they plan to create a cryptocurrency. Reddit raised $50 million in funding, and plans to share 10% with the userbase somehow, calling for the possible need for a cryptocurrency. The plan is in its infancy, but Andrew Barisser of Assembly Coins wrote an open letter to Reddit. He makes […]

The post Andrew Barisser’s Open Letter To Reddit: Build On Bitcoin appeared first on CryptoCoinsNews.

Bitcoin and gold-trading platform DigitalTangible is expanding to Asia, thanks to a partnership with Hong Kong-based exchange Melotic.

Dublin’s first bitcoin pub has unplugged its ATM and stopped accepting payments in bitcoin, citing legal issues.

Sports, in many senses, polarize a playing field. They foster an ‘us versus them’ mentality that when taken to an extreme, can hurt others or create an environment where anyone playing the game is at risk for the sake of competition.   I’ve seen this same spirit among those who support altcoins and have explicitly said their altcoin’s goal is to supplant Bitcoin’s current #1 spot.   Is that really a worthy goal? Is there something better all cryptocurrencies can strive towards?   Polarizing cryptocurrencies into rankings or villainizing other altcoins totally obfuscates the true purpose we share: to rise above the lie that we only have the freedom to use currencies issued by sovereign nations. Anyone who claims another […]

The post The Confusion in Competition appeared first on Bitcoin Magazine.

Sports, in many senses, polarize a playing field. They foster an ‘us versus them’ mentality that when taken to an extreme, can hurt others or create an environment where anyone playing the game is at risk for the sake of competition.   I’ve seen this same spirit among those who support altcoins and have explicitly said their altcoin’s goal is to supplant Bitcoin’s current #1 spot.   Is that really a worthy goal? Is there something better all cryptocurrencies can strive towards?   Polarizing cryptocurrencies into rankings or villainizing other altcoins totally obfuscates the true purpose we share: to rise above the lie that we only have the freedom to use currencies issued by sovereign nations. Anyone who claims another […]

The post The Confusion in Competition appeared first on Bitcoin Magazine.

Ziftr is an internet browser add-on that helps users find lower prices for items they want to purchase online. In November, Ziftr plans to expand their business model by launching their own altcoin, ziftrCOIN, and giving 100 coins to 1 million customers. Ziftr believes it can leverage its position to entice both shoppers and retailers […]

The post ZiftrCOIN To Make Online Crypto-Commerce Mainstream appeared first on CryptoCoinsNews.

Want to learn more about Bitcoin? A new option that is growing in popularity is to go to your national “Bitcoin Embassy”. What is a Bitcoin Embassy? It is an educational center where you can ask Bitcoin questions, use the computers to buy Bitcoins, and go to weekly seminars to learn more about mining and […]

The post Bitcoin Embassy Concept Is Taking The World By Storm appeared first on CryptoCoinsNews.

Welkom bij deze Bitcoin Automaat In case you are wondering the words above are written in Flemish, a language closely related to Dutch and spoken in Belgium. They are important to the Bitcoin community because they are the first words that you will see as you do your transaction at Belgium’s first Bitcoin ATM, in […]

The post First Bitcoin ATM Installed in Ghent, Belgium appeared first on CryptoCoinsNews.

People who are new to Bitcoin are led to believe that Bitcoin is just a currency or a store of value.  This couldn’t be further from the truth.  Bitcoin, as a currency, is just the beginning.  It is only Bitcoin’s first “app,” like email was how the Internet was first introduced to the masses.  The […]

The post Top 10 Things Bitcoin Can Offer the World appeared first on CryptoCoinsNews.

The now defunct Bitcoin exchange MT Gox is in the news again. The Ontario Superior Court of Justice has partially certified a Canadian class action against said Bitcoin exchange, which at one time accounted for 80% of daily Bitcoin exchange volume. The class certification paves the way for the approval of an American settlement started by […]

The post Bitcoin Exchange MT Gox Canadian Class Action Partially Certified appeared first on CryptoCoinsNews.

Coinapult has announced $775k in venture funding from FirstMark Capital, Roger Ver and more.

Today, Robocoin has announced open enrollment for their Robocoin Wallet, which is needed to use the “Robocoin Bank.” Robocoin has taken the first step to moving away from being just a Bitcoin ATM company to becoming a full-fledged “Bitcoin Bank.”  The Robocoin Banking platform, which utilizes all existing Robocoin ATMs as automated kiosks, will provide […]

The post Robocoin Wallet Will Leverage Existing Bitcoin ATMs to Expand Bitcoin Network appeared first on CryptoCoinsNews.

Charles Nenner, who has claimed to have never been wrong on a market call, appeared on CNBC and warned that deflation and a stock market crash both coming.

Nenner, who developed the "Nenner cycle," which he says can time the ups and downs of any market, said on CNBC that "for the next many years, you will not see the S&P more than 5% higher than [current levels.]"

But he warns this period of low returns will be followed years of large losses.

"And there's a major thing coming down — I'm talking about far in the future — a major collapse coming down starting in 2018 to 2020," he said.

Fortunately for investors looking for a long-term buy signal, Nenner sees the next bull market starting in 2020. 

Earlier in the segment, Nenner had a contentious exchange with CNBC host Scott Wapner reminiscent of the exchange CNBC anchor Jackie DeAngelis had with Bill Fleckenstein earlier this month. 

Wapner challenged Nenner regarding some of his past market calls, including a call back in 2010 for a "major crisis" after 2013 due to sunspot activity, and a 2009 call that the Dow would hit 5,000 in the next "two to two-and-a-half years."

Fortunately, those calls did not come to fruition.

Currently, Nenner said he is "totally" out of the market.

Nenner sees the primary catalyst for a crash being deflation, which he believes is already starting to take hold across the world's economies and cripple growth.

"I think the big problem is in deflation, which I'm saying every year," Nenner said.

"Europe is close to deflation, Japan is still in deflation, China has very low inflation, and if the dollar continues to rise in the United States, we'll get deflation over here. And I don't think investors are ready for it."

Nenner said that there is deflation in most of the world already, and that a strong dollar will see that deflation get exported here, making it hard for indebted governments to pay off their debts.

Below is the clip from Nenner's appearance on Tuesday. Unfortunately, Nenner's more contentious exchange with Wapner was not available from CNBC.

SEE ALSO: CNBC Anchor Calls Out Fed-Hater Bill Fleckenstein In Startling Shouting Match

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