Mastodon

Most of the Google Searches for Bitcoin Are Coming From Russia – Benzinga

Most of the Google Searches for Bitcoin Are Coming From Russia
Benzinga
Via Google (NASDAQ: GOOG) Trends, we’re able to see how often and from where Internet users have used the search engine to look up information about and potentially buy Bitcoins, the online currency whose value doesn’t appear to be hitting a plateau


Most of the Google Searches for Bitcoin Are Coming From Russia
Benzinga
Via Google (NASDAQ: GOOG) Trends, we're able to see how often and from where Internet users have used the search engine to look up information about and potentially buy Bitcoins, the online currency whose value doesn't appear to be hitting a plateau ...

Paul Volcker is apparently nonplussed by bitcoin – Quartz

Paul Volcker is apparently nonplussed by bitcoin
Quartz
For all you bitcoin nerds predicting the surge of the online currency: Paul Volcker doesn’t care. In fact, it would seem that the eminent former chairman of the Federal Reserve—known for bringing US inflation under control in the early 1980s—doesn’t

and more »


Paul Volcker is apparently nonplussed by bitcoin
Quartz
For all you bitcoin nerds predicting the surge of the online currency: Paul Volcker doesn't care. In fact, it would seem that the eminent former chairman of the Federal Reserve—known for bringing US inflation under control in the early 1980s—doesn't ...

and more »

The Passing of The Iron Lady and the Threat of Bitcoin – RedState

The Passing of The Iron Lady and the Threat of Bitcoin
RedState
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the passing of Margaret Thatcher, her role in history and the governmental threat of Bitcoin. We’re brought to you by Stephen Clouse and

and more »


The Passing of The Iron Lady and the Threat of Bitcoin
RedState
On today's edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the passing of Margaret Thatcher, her role in history and the governmental threat of Bitcoin. We're brought to you by Stephen Clouse and ...

and more »

Forget bitcoin, this virtual currency doubles your money every month – Quartz

Forget bitcoin, this virtual currency doubles your money every monthQuartzTo produce bitcoins, processors must hum away solving mathematical problems. But mavros, another virtual currency, are simpler. They exist because Sergey Mavrodi, their creator, …


Forget bitcoin, this virtual currency doubles your money every month
Quartz
To produce bitcoins, processors must hum away solving mathematical problems. But mavros, another virtual currency, are simpler. They exist because Sergey Mavrodi, their creator, says they do. And while the recent spike in bitcoin value is the result of ...
For additional musings and announcements:FT Alphaville

all 2 news articles »

The Bitcoin Boom Rests On The Shoulders of 3 Libertarians – Benzinga

The Bitcoin Boom Rests On The Shoulders of 3 Libertarians
Benzinga
Many of the ideas laid out in The Use of Knowledge in Society have had a substantial influence in how the virtual currency operates, specifically the idea of a decentralized block chain — a key aspect in Bitcoin’s success. They provide anonymity


The Bitcoin Boom Rests On The Shoulders of 3 Libertarians
Benzinga
Many of the ideas laid out in The Use of Knowledge in Society have had a substantial influence in how the virtual currency operates, specifically the idea of a decentralized block chain -- a key aspect in Bitcoin's success. They provide anonymity ...

How to buy and sell Bitcoins — Part 2: Practical – ZDNet

How to buy and sell Bitcoins — Part 2: Practical
ZDNet
Summary: So you want to buy and sell Bitcoins, but how is it done? In the second part of this two-part series, I’ll show you how to transfer money from your bank to a Bitcoin exchange, how to use your wallet, and how to buy real things. Matt Baxter


How to buy and sell Bitcoins -- Part 2: Practical
ZDNet
Summary: So you want to buy and sell Bitcoins, but how is it done? In the second part of this two-part series, I'll show you how to transfer money from your bank to a Bitcoin exchange, how to use your wallet, and how to buy real things. Matt Baxter ...

How to buy and sell Bitcoins — Part 1: Theory – ZDNet

Wired.co.ukHow to buy and sell Bitcoins — Part 1: TheoryZDNetSupply and demand creates a market for Bitcoins as per a traditional financial system. There is no central authority issuing money, and there are no financial regulations offering any sort o…


Wired.co.uk

How to buy and sell Bitcoins -- Part 1: Theory
ZDNet
Supply and demand creates a market for Bitcoins as per a traditional financial system. There is no central authority issuing money, and there are no financial regulations offering any sort of protection to those using or trading Bitcoins. The system is ...
Bubble or No, This Virtual Currency Is a Lot of Coin in Any RealmNew York Times
Four Reasons Bitcoin Is Worth StudyingForbes
Bitcoin Mining Scheme DiscoveredFast Company
MarketWatch (blog) -Wired.co.uk -TechCrunch
all 57 news articles »

Bitcoin mining malware spreads on Skype as price rises – ZDNet

Bitcoin mining malware spreads on Skype as price risesZDNetWhile Bitcoin-stealing malware that target wallets for the digital currency had been found in 2011, security experts have predicted malware would be developed to put botnets to work in Bitcoin …


Bitcoin mining malware spreads on Skype as price rises
ZDNet
While Bitcoin-stealing malware that target wallets for the digital currency had been found in 2011, security experts have predicted malware would be developed to put botnets to work in Bitcoin mining. Anyone can earn Bitcoins by using their computers ...

Timothy B. Lee – Four Reasons Bitcoin Is Worth Studying

Timothy B. Lee – Four Reasons Bitcoin Is Worth Studying:

Forbes contributor Timothy B. Lee (@BinaryBits) writes again on Bitcoin. Excerpts:

“Even if you think the current value of of more than $140 is a bubble, it’s clear that Bitcoin has some genuine applications. The number of daily Bitcoin transactions has soared from around 1000 at the beginning of 2011 to about 50,000 today. Figuring out the “fundamentals” that drive the currency’s long-term value seems like an interesting theoretical puzzle.”

“A core part of Bitcoin’s appeal is that it’s not under anyone’s control. Supposedly, nobody has the authority to change the Bitcoin money supply, cancel or reverse transactions, or otherwise change the attributes of the protocol. But in practice that’s not really true. In the wake of last month’s fork, the elites in the Bitcoin community effectively changed the rules in a matter of hours. In principle, there’s no reason those same elites couldn’t make other changes to the Bitcoin protocol.”

“In principle, these two pools might be able to join forces and execute a 51 percent (or 53 percent) attack on the rest of the network. But doing so might prove foolish in the long run, since that kind of power grab might undermine public confidence in the currency’s long-term viability, since a mining cartel might have the power to change the rules of the Bitcoin protocol in ways that benefit themselves at the expense of ordinary users.”

 – http://onforb.es/10yeRSe
 – http://bitcointalk.org/index.php?topic=170270.0 (Further discussion of this article)

All News – Daily E-mail Subscription – Twitter: @BitcoinNews

Timothy B. Lee – Four Reasons Bitcoin Is Worth Studying:

Forbes contributor Timothy B. Lee (@BinaryBits) writes again on Bitcoin. Excerpts:

“Even if you think the current value of of more than $140 is a bubble, it’s clear that Bitcoin has some genuine applications. The number of daily Bitcoin transactions has soared from around 1000 at the beginning of 2011 to about 50,000 today. Figuring out the “fundamentals” that drive the currency’s long-term value seems like an interesting theoretical puzzle.”

“A core part of Bitcoin’s appeal is that it’s not under anyone’s control. Supposedly, nobody has the authority to change the Bitcoin money supply, cancel or reverse transactions, or otherwise change the attributes of the protocol. But in practice that’s not really true. In the wake of last month’s fork, the elites in the Bitcoin community effectively changed the rules in a matter of hours. In principle, there’s no reason those same elites couldn’t make other changes to the Bitcoin protocol.”

“In principle, these two pools might be able to join forces and execute a 51 percent (or 53 percent) attack on the rest of the network. But doing so might prove foolish in the long run, since that kind of power grab might undermine public confidence in the currency’s long-term viability, since a mining cartel might have the power to change the rules of the Bitcoin protocol in ways that benefit themselves at the expense of ordinary users.”

 – http://onforb.es/10yeRSe
 – http://bitcointalk.org/index.php?topic=170270.0 (Further discussion of this article)

All News – Daily E-mail Subscription – Twitter: @BitcoinNews

Trojan turns your PC into Bitcoin mining slave – Wired.co.uk


Wired.co.uk

Trojan turns your PC into Bitcoin mining slave
Wired.co.uk
Maybe it’s a sign of the Bitcoin bubble. Criminals are trying to take control of PCs and turn them into Bitcoin miners. According to antivirus seller Kaspersky Lab, there’s a new Trojan — spotted on 4 April and spreading via Skype — that takes
Skype trojan forces Bitcoin miningBBC News
New trojan hijacks your PC for Bitcoin miningCNET Australia
New Skype Malware Makes Computers Mine BitcoinsGeekosystem
Business Spectator –VentureBeat –The Next Web
all 26 news articles »

Wired.co.uk

Trojan turns your PC into Bitcoin mining slave
Wired.co.uk
Maybe it's a sign of the Bitcoin bubble. Criminals are trying to take control of PCs and turn them into Bitcoin miners. According to antivirus seller Kaspersky Lab, there's a new Trojan -- spotted on 4 April and spreading via Skype -- that takes ...
Skype trojan forces Bitcoin miningBBC News
New trojan hijacks your PC for Bitcoin miningCNET Australia
New Skype Malware Makes Computers Mine BitcoinsGeekosystem
Business Spectator -VentureBeat -The Next Web
all 26 news articles »

Ripple Coin Flip, the SatoshiDice of Ripple?

I came across Ripple Coin Flip on the bitcointalk forums and decided to give it a try. There’s only one available address to send to and it gives you a 49% chance of doubling your money. The ripple address is rEgXAZiBKcLPo64wRd5JaASpZ8mGidfZiX if you w…

I came across Ripple Coin Flip on the bitcointalk forums and decided to give it a try. There’s only one available address to send to and it gives you a 49% chance of doubling your money. The ripple address is rEgXAZiBKcLPo64wRd5JaASpZ8mGidfZiX if you want to try it for yourself. Watch this video to see how well it works!

New trojan hijacks your PC for Bitcoin mining – CNET Australia

New trojan hijacks your PC for Bitcoin mining
CNET Australia
Bitcoin is a strange beast. The open source virtual currency is not considered a real currency by the US Government — but all a currency really needs to gain traction is belief in its value. Thus, Bitcoin has taken off, rapidly skyrocketing in the


New trojan hijacks your PC for Bitcoin mining
CNET Australia
Bitcoin is a strange beast. The open source virtual currency is not considered a real currency by the US Government — but all a currency really needs to gain traction is belief in its value. Thus, Bitcoin has taken off, rapidly skyrocketing in the ...

Bubble or No, This Virtual Currency Is a Lot of Coin in Any Realm – New York Times

Bubble or No, This Virtual Currency Is a Lot of Coin in Any RealmNew York TimesWhen Mr. Grinberg, now a lawyer in the financial institutions group of the Manhattan law firm Davis Polk & Wardwell, first learned about bitcoins, they were selling for …


Bubble or No, This Virtual Currency Is a Lot of Coin in Any Realm
New York Times
When Mr. Grinberg, now a lawyer in the financial institutions group of the Manhattan law firm Davis Polk & Wardwell, first learned about bitcoins, they were selling for 10 cents. Now, after the latest price surge that began in January, the cost of a ...

Bitcoin price bubble soars to record as investors grow nervous – Raw Story


Raw Story

Bitcoin price bubble soars to record as investors grow nervous
Raw Story
AFP – Some call it the most famous pizza purchase in history: In May 2010, a programmer called Laszlo asked an online forum if anyone would buy him a couple of pies in exchange for 10,000 Bitcoins, an experimental online currency launched in 2009.


Raw Story

Bitcoin price bubble soars to record as investors grow nervous
Raw Story
AFP – Some call it the most famous pizza purchase in history: In May 2010, a programmer called Laszlo asked an online forum if anyone would buy him a couple of pies in exchange for 10,000 Bitcoins, an experimental online currency launched in 2009.

Virtual currency Bitcoin a hit – Calcutta Telegraph


Calcutta Telegraph

Virtual currency Bitcoin a hit
Calcutta Telegraph
London, April 7: Thousands of savers who appear to have lost trust in banks and governments have begun to invest in Bitcoin — a virtual currency created in mysterious circumstances and described by experts as “gold for computer nerds”. Recently, a


Calcutta Telegraph

Virtual currency Bitcoin a hit
Calcutta Telegraph
London, April 7: Thousands of savers who appear to have lost trust in banks and governments have begun to invest in Bitcoin — a virtual currency created in mysterious circumstances and described by experts as “gold for computer nerds”. Recently, a ...