bitcoin

It should not come as a surprise to you "anonymous" cryptocurrency is being used to buy and sell illegal goods and services, sometimes rather openly, like at BitcoinPharmacy. And surely, this is one of the cornerstones for those governments looking to regulate it, beyond wanting its cut as...

Apple co-founder Steve Wozniak is a forward looking guy, so it's no surprise that he had an interest in investing in Bitcoin. However, at the ET GBS Wozniak told the tale of how his own Bitcoins got stolen. India Times is reporting that Wozniak had 7 bitcoins stolen through fraud, "Somebody...

Steven Seagal has become the brand ambassador for Bitcoiin2Gen according to this press release. The new coin is starting its "pre-ICO period" now, with the coin launching next month. Bitcoiin2Gen is ethereum based, and will have its own wallet and mining machines. You can sign up for the...

Got enough for now, thanks all!

Bitcoin (BTC) is looking very good in terms of regaining some of its lost value if you take it in the scope of a 1-week view. Even the big picture looks promising as well as BTC is now back over its price from December of 2017. Surely though, BTC is not for those that do not like to gamble.

According to the US cybersecurity czar, Rob Joyce, the US government has a long way to go before it starts regulating bitcoin. He believes the government needs to understand all the benefits and risks of the cryptocurrency first. However, he did note that the bitcoin trail is hard to follow...

Coindesk is showing us that Bitcoin is feeling a bit of resurgence this morning at its price is back up to over $9200 this morning. It's resurgence is surely based on the fact GPU companies are taking steps to keep video cards out of miners hands. /s In other news I should have put my money...

According to a study by Recorded Future, Litecoin is starting to be accepted more and more on the Dark Web in place of the standard-bearer, Bitcoin. The reasons are many, but transaction fees and speed appear to be some of the main complaints against Bitcoin. Of course this is the Dark Web and...

I'm funding my annual trip to MegaCon. Feel free to make a reasonable offer below. ASUS Dual Series GTX 1060 3GB Purchased January 10, 2018. Have receipt if you need it.; $320 Shipped. Both SOLD. Gigabyte Radeon HD 7950 3GB $150 shipped SOLD I've had this card since I built my main...

U.S markets regulators from the Commodity Futures Trading Commission (CFTC), and the Securities and Exchange Commission (SEC) will be providing testimony to the Senate Banking Committee over the risks virtual currencies pose to investors and the financial system. There is currently no single U.S...

There are lot of stories making the rounds this morning about the huge drop in Bitcoin cryptocurrency prices dropping like rocks lately, however it is worth noting that this is on the heels of huge gains seen at the end of last year. Of course if you bought at it's high of around $20K, it...

How do you steal Bitcoin with a gun? Break into the guy's house that you know is part of the crypto-wealthy, tie up his wife, take away their baby, then give your mark the option of trading all his crypto over to you or deal with consequences that are likely to make you very amenable. Not many...

Rapper 50 Cent forgot that he had accepted Bitcoin payments for his 2014 album "Animal Ambition." The album netted 50 Cent around 700 Bitcoins in 2014, which the rapper apparently forgot about. Just wow... Good for him for being ahead of the times. Here I am giddy as a schoolgirl when I find $5...

In reports today, India and South Korea are announcing they want their cut from cryptocurrency investors. BlockTribune and others are reporting that India has sent tax notices to cryptocurrency investors following a nationwide survey. The notice asks crypto investors to provide details of their...

Researchers from Tel Aviv University and the University of Tulsa think they have proven beyond a doubt that Bitcoin prices have been fraudulently manipulated back in 2013 in order to push the value of from $150 to more than $1000 in two months. What is truly astounding about this is the...

The North American Bitcoin Conference, you probably know it as the "TNABC," will be held in Miami next week. And just when you thought you could buy anything with cryptocurrency, it seems that you cannot use Bitcoin to buy your tickets to the Bitcoin conference. It seems as though that...

Bitcoin has been the big cryptocurrency monster that everyone talks about, but Ethereum has been making a run up that's second to none. As a matter of fact ETH is up over 13,000% in the last year and is up 60% this week alone. This one bears watching and for that matter crypto as a whole may...

China has already banned bitcoin and ICO's so now they are going for the kill shot on bitcoin miners. According to a leaked document to the internet-finance regulator, they are requiring local authorities to guide bitcoin miners to exit from the business of mining. Supposedly, this action is...

Jason, over at Micro Soldering Supply, has successfully recovered a Mycelium BTC wallet from a dead Android phone. He managed to do this after removing the EMMC chip from the phone. After that, he put it in an EMMC reader and copied the wallet database to another phone. Apparently he was able...

It seems like yesterday, but it's been 9 years ago today since that first bitcoin block was mined. It paid out a whopping 50 BTC compared to today's 12.5 BTC payout per block. That 50 BTC is worth over $700K right now and would be a nice little nest egg if you mined it and held. Happy...

South Korea has decided to jump on the cryptocurrency regulation bandwagon and will no longer allow anonymous cryptocurrency accounts. Also, they will have regulators continually monitoring the exchanges from this point on. Further, new legislation may be put into place that would shut down...

WTB: - Xbox One (prefer the S model, more storage is better, don't need the X, and I can get by on 500gb, so send me offers on that if that's all you have) - I bought an Xbox One from another forum, but the blu ray drive wouldn't work. I think that's due to the console just being thrown into a...

Hi there, I've just signed up to the forum, so a new figure around here. The past few days I've been researching about the profitability of mining bitcoins, bitcoin cash, ethereum and peercoins. Several mining calculators and platforms like whattomine.com seem to show more or less the same...

Today marked the first day of bitcoin futures trading and it was a wild one. Futures surged as high as $18K which means the value has tripled in the past month. Trading was so heavy that automatic halts were triggered to cool off volatility. All eyes are going to be on this cryptocurrency...

On Tuesday, the USPTO awarded a patent to Bank of America that provides for a cryptocurrency exchange system and it allows simple exchange of one digital currency to another. The system is fully automated and it keeps up with the latest pricing from external feeds. Further, if this makes it...

Valve announced today that they are no longer going to accept bitcoin as payment for games on Steam. They say that the cryptocurrency is too volatile over the last few months and it's just not worth the trouble to them or their customers to continue using bitcoin as payment. Furthermore, until...

TL;DR The increased volatility of its value and high transaction fees are no longer economically feasible. https://steamcommunity.com/games/593110/announcements/detail/1464096684955433613 RIP

The UK and EU are going to start applying anti-money laundering laws to crytpcurrencies next year. This means that online platforms that trade bitcoins are going to have to do due diligence on their customers and act as a watchdog for transactions that might be questionable. I can't say I'm...

The US Commodity Futures Trading Commission announced today that they are going to allow Bitcoin futures to be traded on 3 exchanges. For all of you that wanted to make money on Bitcoin, but didn't want to actually buy the cryptocurrency, you can bet on the futures market now. It's going to...

Coinbase and Gemini, two of the biggest cryptocurrency exchanges, both crashed this morning as the price of Bitcoin skyrocketed past the $11K mark. I'm sure this really ticked off a lot of people because they weren't able to login and sell as it peaked and now Bitcoin is back down to around $9K...

It seems like only yesterday we were talking about Bitcoin hitting the $9,000 mark. Today it's closing in on $10,000 and the cryptocurrency market has reached a market value of $300 billion. This is starting to look like one tremendous bubble and it's going to be very painful when it pops...

Chainalysis, a digital forensics firm, estimates as many as 3.79M bitcoins are gone forever. Using a value of $8.5K per coin that comes to about $20B that's somewhere out in the ether. Others have speculated before, but Chainalysis specializes in the bitcoin blockchain so they are using actual...

According to a former employee of Space X, Sahil Gupta, he believes there is a good possibility Elon Musk created Bitcoin. If you review his reasons you'll probable think they are pretty thin. I feel the same way. However, maybe Elon did create Bitcoin and he's sitting on a few hundred...

I know it sounds silly (not), but with the increase in value of Bitcoin and Ethereum it appears that the thieves/hackers out there are trying to find as many wallets as they can. According to several security researchers there is a significant increase in scanning for wallets on the internet...

Just weeks after crossing the $7,000 milestone, bitcoin surged to a new all-time high on November 16, peaking at $8020 on the Bitfinex exchange. This marked the first time the cryptocurrency’s value passed the $8,000 mark, though it dropped back down to $7,896 at the time of writing. Is bitcoin...

One bitcoin is now worth less than $5,900, down 25 percent from Wednesday's high above $7,800. Meanwhile, the currency of a rival, spinoff network called Bitcoin Cash, has doubled to more than $1,500 over the same four-day period. Does this mean that Bitcoin is going to start fading away in...

Hi, we have created website, which allows anybody to follow coins, which he owns. User will submit number of owned coins and original buy price. Coinparator follows them, calculates current profits, shows charts... . http://www.coinparator.com/ If you own single coin it might not be...

The Internal Revenue Service is heading to court today (WARNING auto play video) with the goal of forcing Coinbase, a U.S. cryptocurrency exchange, to hand over data on a host of its users. I would suggest that people that have used Coinbase to move large quantities of Bitcoin/cash around are...

A Bitcoin transaction wastes as much electricity as it takes to power an American home for a week, and legendary coder Bram Cohen wants to fix that. He plans to use proof of time and storage rather than electricity-burning proofs of work. I'm as green as the next guy (maybe not), but if...

Bitmain claims to have built at least 70 percent of the computers on the Bitcoin network and now they want to leverage their technology to build AI chips and computers. Their new AI chip will be specialized in both training and executing deep learning algorithms. As a matter of fact they say...