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What is Bitcoin?

Bitcoin is a digital crypto-currency with no single point of failure due to its decentralized peer-to-peer architecture. The source code is publicly available and changes to the reference Bitcoin client are made via concensus within the community. Advantages of Bitcoin include irreversible transactions (i.e. no possibility of chargebacks as with credit cards), pseudo-anonymous, limited and fixed inflation, near instant transactions, multi-platform, no double-spend and little to no barriers to entry and more. It was created by an anonymous person known as Satoshi Nakamoto. Find out more at WeUseCoins.com.

Bitcoin Latest News

Coinapult Launches LOCKS, a Tool to Eliminate Bitcoin Price Volatility

Coinapult's LOCKS service allows consumers to reduce their exposure to bitcoin's volatility by pegging their BTC to another asset.

Posted on 28 July 2014 | 11:00 pm

Tim Draper Leads CrowdCurity’s $1 Million Seed Funding

CrowdCurity has raised $1 million in a round of seed funding led by Tim Draper and Kima Ventures.

Posted on 28 July 2014 | 4:10 pm

Arizona's first bitcoin machine broken by lightning strike - azcentral.com


Arizona's first bitcoin machine broken by lightning strike
azcentral.com
The electricity in the air over Arizona's first bitcoin ATM proved too much for the machine, which was knocked out of commission after lightning struck Bookmans Entertainment Exchange in Tucson Friday said Brian Williams, founder of Javelin Investments ...

Posted on 28 July 2014 | 3:13 pm

Atlas ATS Expands Institutional Bitcoin Exchange to European Market - CoinDesk


Atlas ATS Expands Institutional Bitcoin Exchange to European Market
CoinDesk
The product of a partnership with Spain-based bitcoin ATM network and exchange specialist Recol Pro S.A., the launch follows the announcement of Atlas ATS's Asian market entrance this July. That initiative found Atlas ATS partnering with China-based ...
Atlas ATS Brings Bitcoin Trading to EuropenewsBTC

all 4 news articles »

Posted on 28 July 2014 | 12:39 pm

Bitcoin catches on in tech-savvy Romania - Chicago Tribune


Business Insider

Bitcoin catches on in tech-savvy Romania
Chicago Tribune
Bitcoin is still an infant in Europe relative to the United States, where hundreds of start-ups backed by some Wall Street traders and venture capitalists have propelled consumer and media interest. Activity in virtual currencies around Europe is ...
A Tech-Savvy Central European Country Has Embraced Bitcoin Like Nowhere ...Business Insider

all 17 news articles »

Posted on 28 July 2014 | 12:38 pm

Atlas ATS Expands Institutional Bitcoin Exchange to European Market

Atlas ATS has expanded its global bitcoin exchange operation to Europe with a new local partnership in Spain.

Posted on 28 July 2014 | 12:20 pm

BTC China Upgrades Mobile App with New Trading Pairs, Live Charts

BTC China has upgraded its Mobile Exchange app with direct bitcoin-to-litecoin trading and live data for itchy-fingered traders.

Posted on 28 July 2014 | 10:10 am

Bitcoin? There's an ATM for that - Chicago Tribune


Bloomberg

Bitcoin? There's an ATM for that
Chicago Tribune
“You put your dollars in the machine and get bitcoin, or your put your bitcoin in and get dollars back,” Flores said. “Let's say (customers) come in and their bill is $40 and they only have $20 worth of bitcoin in their account – they can just go to ...
Gold Bugs Meet Bitcoin Believers to Supplant the DollarBloomberg
States make moves to regulate digital currencies like Bitcoin, Pew reportsThe Times-Picayune
Bitcoin Looks for Foothold in Gambling IndustryGuardian Liberty Voice
CoinDesk -CoinTelegraph
all 65 news articles »

Posted on 28 July 2014 | 9:30 am

Blockchain Returns to Apple iOS with New Bitcoin Wallet

Blockchain returns to the App Store with a totally rewritten wallet app for users of Apple's iPhone and iPad.

Posted on 28 July 2014 | 7:30 am

Bitcoin: The difference in Attitude is Education - Bitcoin Magazine


Bitcoin: The difference in Attitude is Education
Bitcoin Magazine
In response to the fearmongering and lack of credible information about Bitcoin, I started my “Bitcoin Girl” project as an accessible and fun way to present videos that demonstrate the human impact of this technology. Bitcoin Girl is part of a larger ...

Posted on 28 July 2014 | 7:03 am

Bitcoin: The difference in Attitude is Education

This is a guest post by Naomi Brockwell. The media tends to focus on doom-and-gloom stories, because sensationalist headlines attract larger audiences. However, when journalists go so far as to misrepresent facts and sway the public in one direction or another, these stories can be dangerous. This is especially true when talking about a new technology that has the potential to change lives for the better. Public opinion can mean the difference between this potential being realised, or crushed completely. That is the situation with Bitcoin. The media frequently talks about Bitcoin now, but often misrepresents the facts. Coverage tends to focus on the negatives. Stories about money laundering, drug trading, exploded exchanges, and price crashes predominate. The coverage rarely […]

The post Bitcoin: The difference in Attitude is Education appeared first on Bitcoin Magazine.

Posted on 28 July 2014 | 7:00 am

Buying Your Next Car with Beepi

If you are looking to purchase a pre-owned vehicle with Bitcoin, look no further – Beepi has made it a possibility. With the help of BitPay, the California-based company has integrated bitcoin payment support for its continually expanding line-up of pre-owned automobiles. Beepi has become the first peer-to-peer marketplace to allow customers to purchase cars with bitcoin, further solidifying the role of digital currency in mainstream applications. Buying a car is a person’s second largest financial purchase and the integration of bitcoin payments further supports the company’s mission to create the most hassle-free way to purchase a vehicle online. What Beepi is doing is commendable, eliminating the stressful barriers that are often associated with purchasing an automobile. In addition, the […]

The post Buying Your Next Car with Beepi appeared first on Bitcoin Magazine.

Posted on 28 July 2014 | 6:00 am

The Truth About Bitcoin – Dispelling Common Myths About The Digital Currency

Bitcoin has become frequently talked about in the financial media. Despite this the general public is still relatively under informed when it comes to this digital currency. In a January 2014 poll it was found that only 25% of US adults were familiar with Bitcoin. This means that there is still significant room to educate the general public about the advantages of using a peer-to-peer digital currency. To address some of those knowledge gaps here are some of the most common myths about Bitcoin as well some of its key benefits. Myth #1: Bitcoin is no different to any other digital currency There have been many other digital currencies in the past, including Beenz, Liberty Dollars and eGold. However these […]

The post The Truth About Bitcoin – Dispelling Common Myths About The Digital Currency appeared first on Bitcoin Magazine.

Posted on 28 July 2014 | 5:22 am

Orlando School Gives Students bitcoins

Last month I attended an interesting Orlando Bitcoin Meetup. The Meetup took place at Bright Learning Academy, a school for special needs students that works with children who need an alternative to traditional school settings. The school takes a technological approach to learning. It’s no mystery that kids learn to understand technology much more easily than we do. That’s just the way things go. Bright Learning Academy is teaching money management and free market principles with Bitcoin technology. They did it before MIT. Last winter, school teacher Robert Lefebure began signing up students for a wallet at Blockchain.info. “The idea, explains Robert, “was to use Bitcoin to teach personal money management and economics because, frankly, it’s hard to understand where […]

The post Orlando School Gives Students bitcoins appeared first on Bitcoin Magazine.

Posted on 28 July 2014 | 5:13 am

California Lawyer is Latest Congressional Candidate to Accept Bitcoin

Christina Gagnier, a Californian tech lawyer and business owner, is the latest congressional candidate to accept bitcoin donations.

Posted on 28 July 2014 | 4:22 am

CoinDesk Mining Roundup: Miner Meetups and Pool Pressures

This week, a Las Vegas mining convention is set for October and reports say BTC Guild could cease operations.

Posted on 27 July 2014 | 2:45 pm

$46k Spent on Bitcoin Mining Hardware: The Final Reckoning

Dario Di Pardo spent $46k on bitcoin mining hardware. Which companies came good on their promises?

Posted on 27 July 2014 | 9:55 am

Why Timothy Coles is Selling His $2 Million Gold Mine for Bitcoin - CoinDesk


Why Timothy Coles is Selling His $2 Million Gold Mine for Bitcoin
CoinDesk
He added that although he currently owns no bitcoin, he sees a future in it should the BitPremier sale succeed. While he has no active plans to invest were he to enter the market, Coles expressed an openness to invest in the broader bitcoin industry ...

Posted on 27 July 2014 | 5:49 am

Why Timothy Coles is Selling His $2 Million Gold Mine for Bitcoin

Timothy Coles, a 35-year gold mining veteran, tells CoinDesk why he is selling his Yukon interests for 3,200 BTC.

Posted on 27 July 2014 | 5:30 am

Meet the Bitcoin Fans Behind Offline Messenger goTenna

The brains behind goTenna, a solution to situations where you don’t have phone signal, discuss their relationship with bitcoin.

Posted on 27 July 2014 | 3:40 am

Dear John: Once again — Bitcoin is a joke - New York Post


Dear John: Once again — Bitcoin is a joke
New York Post
I recently read the Dear John column about bitcoin and I have to say that you are someone who I think — if you spent some time understanding it — would see the value. Forget bitcoin as a currency for a second — wipe that idea out of your brain. The ...

Posted on 26 July 2014 | 5:11 pm

The Case for Merging Mexico’s Peso With Block Chain Technology

In Mexico, a team of bitcoin enthusiasts are developing plans for a digital peso.

Posted on 26 July 2014 | 12:00 pm

Bitcoin Shop CEO: We Plan to Be a Universal Bitcoin Solution

CoinDesk speaks to CEO Charles Allen to debunk misconceptions about the company and its goals in the bitcoin space.

Posted on 26 July 2014 | 7:20 am

Huobi: Regulated US Bitcoin Market Key to Our Expansion

CoinDesk sits down with Huobi's Wendy Wang to talk about the exchange's international ambitions.

Posted on 25 July 2014 | 3:36 pm

Celery Launches Consumer-Friendly Bitcoin and Dogecoin Buying Service

Trading platform provider BTX Trader has officially launched its bitcoin and dogecoin buying product, Celery.

Posted on 25 July 2014 | 11:10 am

#OffTheCouch: Award-winning Film Could Bring Bitcoin to 1,000 High Schools

The Corporation Film’s Crypto Challenge from Hello Cool World on Vimeo. For its 10th year anniversary, “The Corporation” is raising money for a re-release shown to 1,000 schools across North America. Their original fiat campaign closed at $30,000, and they’re hoping for a match from the cryptocurrency community. Campaign creator Kat Dodds is making this a race to the top for a special thanks section of the film that will feature the logos of the contributing cryptocurrencies. Students across 1,000 schools will receive a free lesson in corporate literacy and be exposed to Bitcoin for the first time. The updated version of the film will feature Bitcoin’s logo and explain to the audience how the film was able to get […]

The post #OffTheCouch: Award-winning Film Could Bring Bitcoin to 1,000 High Schools appeared first on Bitcoin Magazine.

Posted on 25 July 2014 | 9:34 am

Building a Bitcoin Economy: How to Close the Loop

This guide is a continuation of a previous article at http://bitcoinmagazine.com/13104/building-bitcoin-economy-stimulate-adoption/ If you or someone in the area has been preaching crypto for a while, you probably have a few nearby businesses accepting Bitcoin by now. This is an important first step, and worthy of celebration over a few Bitcoin beers. Bitcoin evangelism never sleeps, however, so it’s time to grow the seeds you’ve sown into a sustainable Bitcoin economy. But before you get started, heed what I’ve learned from my latest efforts. When you first bring cryptocurrency adoption to a community, it’s necessary to rely on promises of publicity, delivered in the form of organized events and media attention. The novelty will soon wear off, however, and you can’t volunteer […]

The post Building a Bitcoin Economy: How to Close the Loop appeared first on Bitcoin Magazine.

Posted on 25 July 2014 | 9:29 am

airBaltic - World’s First Airline To Accept Bitcoin

Posted on 22 July 2014 | 11:03 am

Bitcoin Core version 0.9.1 released

Posted on 8 April 2014 | 4:27 pm

Bitcoin v0.9.0 released

Posted on 19 March 2014 | 6:44 am

Bitcoin-Qt v0.9.0rc3 released

Posted on 13 March 2014 | 3:21 am

Bitcoincharts and SSL

Posted on 4 March 2014 | 2:21 pm

Mt.Gox Statement

Posted on 3 March 2014 | 3:44 am

Mt.Gox Bankcrupty Protection

Posted on 28 February 2014 | 8:39 am

Added Bitcoin Central to bitcoincharts.com

Posted on 26 February 2014 | 3:21 pm

Problem with transactions

Posted on 10 February 2014 | 6:07 am

Coinbase Now Requires Two Factor Authentication For Certain Actions

Coinbase now requires two-factor authentication (also known as 2FA) for certain transactions and changes to an account. The one primarily dealt with in their blog post, seen here, is sending

The post Coinbase Now Requires Two Factor Authentication For Certain Actions appeared first on Bitcoin Blogger.

Posted on 15 January 2014 | 1:58 am

C.A.T. Cryptsy Auto Trader Prints Money All Day Long!

If you’re like me, you know nothing about daytrading. While I was always interested in it, I lacked the time of day to learn about it, and didn’t have much

The post C.A.T. Cryptsy Auto Trader Prints Money All Day Long! appeared first on Bitcoin Blogger.

Posted on 14 January 2014 | 7:53 pm

‘Almost Human’, A Fox Network Show, Has Shown Bitcoin In The Future

Readers! I present to you two video clips from two separate episodes of ‘Almost Human’, Fox’s newest sci-fi show. To quote Jesús Cripto of CCN: Anyways, it’s likely you haven’t heard

The post ‘Almost Human’, A Fox Network Show, Has Shown Bitcoin In The Future appeared first on Bitcoin Blogger.

Posted on 7 January 2014 | 4:01 pm

Bitcoin In The Beltway: Washington D.C. Bitcoin Conference June 20th-22nd

Bitcoin conventions and conferences are a great way for locals to network and hear motivating words from industry leaders.  More and more Bitcoin Conferences are happening each and every year

The post Bitcoin In The Beltway: Washington D.C. Bitcoin Conference June 20th-22nd appeared first on Bitcoin Blogger.

Posted on 6 January 2014 | 2:50 pm

Bitcoin is no Dinosaur, Doomed to be Extinct, it’s Something Else Entirely

In Stephen Mihm’s latest article in the Bloomberg Opinion section, he calls Bitcoin, in the title of the article no less, a “High-Tech Dinosaur Soon to Be Extinct”. Well, to

The post Bitcoin is no Dinosaur, Doomed to be Extinct, it’s Something Else Entirely appeared first on Bitcoin Blogger.

Posted on 2 January 2014 | 8:59 am

Alleged Silk Road Administrators Arrested in Virigina, Australia, and Ireland

TechCrunch reported on rumors of arrests of some Silk Road administrators earlier this week, and those rumors have been confirmed. According to an official announcement  from the Southern District of

The post Alleged Silk Road Administrators Arrested in Virigina, Australia, and Ireland appeared first on Bitcoin Blogger.

Posted on 21 December 2013 | 10:34 pm

Bitcoin Billboards Appearing Around Los Angeles

This story first appeared in CCN. Los Angeles residents driving near the area of Robertson and Cadillac might notice a new unusual advert on the billboard at 2363 S Robertson

The post Bitcoin Billboards Appearing Around Los Angeles appeared first on Bitcoin Blogger.

Posted on 20 December 2013 | 11:45 am

July 29, 2014 -
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