New Way To Sell Digital Music? Bitcoins Increase In Legitimacy And Rise In Valuehypebot.comYumcoin-logo When I first wrote about Bitcoin over a year ago and suggested musicians check out digital music sales for bitcoins, each individual bitcoin was wor…
After bitcoin gained immense attention in March and April of this year global trading volume spiked alongside BTC exchange rates, before both subsequently fell and eventually leveled off. Different regions of the globe have adopted bitcoin at their own pace, but lately we’ve seen a reemergence of interest from bitcoin’s supposed birthplace: Japan. Despite being the suspected home of bitcoin’s founder and the world’s preeminent bitcoin exchange, Japan ranks 38th in total bitcoin client downloads while JPY has averaged just 0.6% of global bitcoin trading volume over the past 18 months. Concurrently, Japan’s government has built one of the highest Debt-to-GDP ratios in the world (approximately 240%) amid a flailing economy and volatile currency – the result of which may well be greater bitcoin adoption. The Japanese Yen is the only currency with substantial bitcoin exchange volume to see an increase in trading so far in June. The increase has been substantial, with the 30-day moving average volume increasing 27% between June 1 and June 18 while all other currencies…
The post JPY Only Currency With BTC Trading Volume Increase In June Amid BoJ Policy Concerns appeared first on The Genesis Block.
After bitcoin gained immense attention in March and April of this year global trading volume spiked alongside BTC exchange rates, before both subsequently fell and eventually leveled off. Different regions of the globe have adopted bitcoin at their own pace, but lately we’ve seen a reemergence of interest from bitcoin’s supposed birthplace: Japan. Despite being the suspected home of bitcoin’s founder and the world’s preeminent bitcoin exchange, Japan ranks 38th in total bitcoin client downloads while JPY has averaged just 0.6% of global bitcoin trading volume over the past 18 months. Concurrently, Japan’s government has built one of the highest Debt-to-GDP ratios in the world (approximately 240%) amid a flailing economy and volatile currency – the result of which may well be greater bitcoin adoption. The Japanese Yen is the only currency with substantial bitcoin exchange volume to see an increase in trading so far in June. The increase has been substantial, with the 30-day moving average volume increasing 27% between June 1 and June 18 while all other currencies…
The post JPY Only Currency With BTC Trading Volume Increase In June Amid BoJ Policy Concerns appeared first on The Genesis Block.
TradeRush Binary Options Brand Introduces Bitcoin Trading & Revamps iOS …PR Web (press release)BITCOIN TRADING. TradeRush is pleased to announce bitcoin trading as the latest feature added to their highly rated binary options platform. Options tr…
Phil Archer – Bitcoin Versus Fiat Versus Gold:
In Phil Archer’s latest article on TheGenesisBlock.com (@TheGenesisBlock) he compares Bitcoin against fiat money and gold. Excerpts:
“There are nine distinct characteristics of money: scarce, durable, portable, divisible, easy to recognize, easy to store, fungibile, hard to counterfeit, and widespread use. At first glance, bitcoin has a significant advantage over fiat currencies and gold in many of these.”
– http://bit.ly/1401cUc
All News – Daily E-mail Subscription – Twitter: @BitcoinNews
Phil Archer – Bitcoin Versus Fiat Versus Gold:
In Phil Archer’s latest article on TheGenesisBlock.com (@TheGenesisBlock) he compares Bitcoin against fiat money and gold. Excerpts:
“There are nine distinct characteristics of money: scarce, durable, portable, divisible, easy to recognize, easy to store, fungibile, hard to counterfeit, and widespread use. At first glance, bitcoin has a significant advantage over fiat currencies and gold in many of these.”
– http://bit.ly/1401cUc
All News – Daily E-mail Subscription – Twitter: @BitcoinNews
Video: Bloomberg Summit – The Great Bitcoin Debate:
Ribbit Capital’s Micky Malka (@MickyMalka) and Tangent Capital Partners Jim Rickards (@JamesGRickards) debate the pros and cons of bitcoin from the Bloomberg Link Next Big Thing Summit (#BBnbt).
– http://bloom.bg/14gY4DT (Length: Five minutes)
– http://bitcointalk.org/index.php?topic=237664.0 (Further discussion of the debate)
All News – Daily E-mail Subscription – Twitter: @BitcoinNews
Video: Bloomberg Summit – The Great Bitcoin Debate:
Ribbit Capital’s Micky Malka (@MickyMalka) and Tangent Capital Partners Jim Rickards (@JamesGRickards) debate the pros and cons of bitcoin from the Bloomberg Link Next Big Thing Summit (#BBnbt).
– http://bloom.bg/14gY4DT (Length: Five minutes)
– http://bitcointalk.org/index.php?topic=237664.0 (Further discussion of the debate)
All News – Daily E-mail Subscription – Twitter: @BitcoinNews
Bitcoin Big Issue in Amsterdam ConferencePokerfuseOperator concerns about Bitcoin prevented greater enthusiasm. Two of the most complex problems the volatile currency faces are difficulty complying with anti-money laundering regulations, especially wit…
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Bitcoin Big Issue in Amsterdam ConferencePokerfuseOperator concerns about Bitcoin prevented greater enthusiasm. Two of the most complex problems the volatile currency faces are difficulty complying with anti-money laundering regulations, especially with regard to anonymity, and the problem of ... |
WamdaThe Right Way for Startups to Use BitcoinTech CocktailThe companies best suited for Bitcoin payments are digital content providers, mobile application providers, social gaming companies, and companies that make international payments, Murck said. …
TeraHash is a bitcoin mining company that sells boards and kits for Avalon ASIC chips. They launched their website in April after Avalon announced they would be selling 282 MH/s ASIC chips in lots of 10,000 . Bitcoin ASIC chips are the customized components in bitcoin mining that perform the mining calculations. TerraHash offer a wide range of products, with various customization options. There offer two types of products, individual boards that run at 4.5 GH/s or 18 GH/s, as well as complete kits that run either the small or large boards. 4.5 GH/sec Modular Board (Klondike 16) This board is based on the Klondike 16 opne-source design, and contains 16 Avalon ASIC chips. This board can be used with either a computer, or a Raspberry Pi board, and multiple boards can be connected through the same device. From their site, features inclue: Size: 10cm x 10cm Number of chips: 16 PCI Express power connector USB mini type B connector I2C board-to-board, daisy chain connector USB microcontroller with bootloader for firmware upgrades….
The post TerraHash Starts Bitcoin ASIC Preorders Today – 180 GH/s Units Available appeared first on The Genesis Block.
TeraHash is a bitcoin mining company that sells boards and kits for Avalon ASIC chips. They launched their website in April after Avalon announced they would be selling 282 MH/s ASIC chips in lots of 10,000 . Bitcoin ASIC chips are the customized components in bitcoin mining that perform the mining calculations. TerraHash offer a wide range of products, with various customization options. There offer two types of products, individual boards that run at 4.5 GH/s or 18 GH/s, as well as complete kits that run either the small or large boards. 4.5 GH/sec Modular Board (Klondike 16) This board is based on the Klondike 16 opne-source design, and contains 16 Avalon ASIC chips. This board can be used with either a computer, or a Raspberry Pi board, and multiple boards can be connected through the same device. From their site, features inclue: Size: 10cm x 10cm Number of chips: 16 PCI Express power connector USB mini type B connector I2C board-to-board, daisy chain connector USB microcontroller with bootloader for firmware upgrades….
The post TerraHash Starts Bitcoin ASIC Preorders Today – 180 GH/s Units Available appeared first on The Genesis Block.
At a conference held last week in DC, the European Central Bank presented their opinion of virtual currencies including discussions about bitcoin. On slide 6 of their presentation they made a striking argument: bitcoin does not fulfill any of the three functions of money: Medium of Exchange, Unit of Account, or Store of Value. Most likely, their counterpoints to these three functions relate to the large volatility that bitcoin’s exchange rate has experienced since it’s inception. While it is difficult to refute their exact points since the soundtrack is not included, it does raise an interesting question of how the properties of bitcoin compares to fiat and gold. There are nine distinct characteristics of money: scarce, durable, portable, divisible, easy to recognize, easy to store, fungibile, hard to counterfeit, and widespread use. At first glance, bitcoin has a significant advantage over fiat currencies and gold in many of these, and this will be even more obvious after a further examination. Fiat money – a term used to describe currency that…
The post Refuting the ECB – The 9 Characteristics That Make Bitcoin Money appeared first on The Genesis Block.
At a conference held last week in DC, the European Central Bank presented their opinion of virtual currencies including discussions about bitcoin. On slide 6 of their presentation they made a striking argument: bitcoin does not fulfill any of the three functions of money: Medium of Exchange, Unit of Account, or Store of Value. Most likely, their counterpoints to these three functions relate to the large volatility that bitcoin’s exchange rate has experienced since it’s inception. While it is difficult to refute their exact points since the soundtrack is not included, it does raise an interesting question of how the properties of bitcoin compares to fiat and gold. There are nine distinct characteristics of money: scarce, durable, portable, divisible, easy to recognize, easy to store, fungibile, hard to counterfeit, and widespread use. At first glance, bitcoin has a significant advantage over fiat currencies and gold in many of these, and this will be even more obvious after a further examination. Fiat money – a term used to describe currency that…
The post Refuting the ECB – The 9 Characteristics That Make Bitcoin Money appeared first on The Genesis Block.
New ASIC Bitcoin Mining Products Producing 350GHash/s, from KnCMinerCanada NewsWire (press release)STOCKHOLM, June 18, 2013 /CNW/ – KnCMiner, a new entrant to join the bitcoin mining hardware community, are pleased to announce their range of state of t…
Bitcoin continues to grow in popularity for professionals in a wide array of fields. In …The post Bitcoin Takes Another Step into the Medical Arena: An Interview with Dr. Austin Cohen appeared first on Bitcoin Magazine.
Bitcoin continues to grow in popularity for professionals in a wide array of fields. In …
The post Bitcoin Takes Another Step into the Medical Arena: An Interview with Dr. Austin Cohen appeared first on Bitcoin Magazine.
