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Bitcoin Price Falls Below $300

CryptoCoins News, 1/1/0001 12:00 AM PST

So, it happened. After some time moving in a narrow range in the low $300s, Bitcoin price has plunged below $300. This new Bitcoin price crash at the beginning of 2015 is is a continuation of the downward trend of last year – in 2014, Bitcoin has been the worst performing currency in the world, […]

The post Bitcoin Price Falls Below $300 appeared first on CryptoCoinsNews.

Why Some Bitcoin Exchanges Might Die in 2015

CoinDesk, 1/1/0001 12:00 AM PST

Bitcoin’s recently reduced price volatility might be good news for everyday bitcoin users, but could it send a bunch of exchanges off the cliff?

Crypto 2.0 in 2015: Turning Bitcoin Theory Into Big Business

CoinDesk, 1/1/0001 12:00 AM PST

While last year saw lots of hype over crypto 2.0 projects in the making, 2015 could be the year they start to deliver.

Economist Jeffrey Tucker: Scams Are ‘Bullish’ for Bitcoin

CryptoCoins News, 1/1/0001 12:00 AM PST

It is no secret that the cryptocurrency industry is fraught with scams. Some of the more high-profile bitcoin scams–such as Mt. Gox–receive mainstream press coverage and reinforce the misguided stereotype that criminals are bitcoin’s primary user group. Many in the Bitcoin community are understandably worried by this. However, Austrian economist Jeffrey Tucker sees a silver […]

The post Economist Jeffrey Tucker: Scams Are ‘Bullish’ for Bitcoin appeared first on CryptoCoinsNews.

Fake Transaction Chains Double 2014 Bitcoin Volume

CryptoCoins News, 1/1/0001 12:00 AM PST

2014 is the end of Bitcoin’s sixth year. Analysts at the Coin Cadence Bitcoin Index compiled Bitcoin’s transaction data for the past six years. In 2014 Bitcoin Transaction Volume Doubled; growing 45.5%. Apparently, fake transaction chains could account for up to 50% of this network traffic. Critical minds in the community are quick to point […]

The post Fake Transaction Chains Double 2014 Bitcoin Volume appeared first on CryptoCoinsNews.

Happy Birthday Counterparty!

CryptoCoins News, 1/1/0001 12:00 AM PST

On January 2 Counterparty, the peer-to-peer financial platform built on top of the Bitcoin blockchain, announced the celebration of its 1st Year Anniversary. On January 2, 2014, Counterparty emerged as an innovative project with a mission to provide a peer-to-peer financial market within the Bitcoin protocol and represent a step towards the democratization of finance. […]

The post Happy Birthday Counterparty! appeared first on CryptoCoinsNews.

OKCoin’s Jack Liu Proposes Open Bitcoin Security Standards

CryptoCoins News, 1/1/0001 12:00 AM PST

Jack Liu is head of Institutional Development at OKCoin. On his blog, Jack Liu proposes open Bitcoin security standards and how Bitcoin companies should compete. Fundamentally, I don’t believe Bitcoin companies should be in the business of convincing customers who is more secure. – Jack Liu, OKCoin Inspiration came to Liu after watching Olaf Carlson-Wee, […]

The post OKCoin’s Jack Liu Proposes Open Bitcoin Security Standards appeared first on CryptoCoinsNews.

If Your Robot Buys Illegal Drugs, Have You Committed a Crime?

Gizmodo, 1/1/0001 12:00 AM PST

If Your Robot Buys Illegal Drugs, Have You Committed a Crime?

A group of Swiss artists recently set a bot free on the darknet, allowing it to purchase whatever it could with Bitcoins. Among other weird things it bought were a few ecstasy pills and a fake Hungarian passport. Now an attorney asks whether the artists could be arrested under the law as it currently stands.

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