Archive for March, 2016

Using barter as an alternative economic model is an interesting, yet not entirely surprising choice. In this day and age, most consumers have plenty of goods, yet very little cash on hand. Changing the goods one doesn’t need [as much] against something more desirable is a tried and tested method to exchange value between parties […]

Virtual currency Bitcoin is much-maligned, partly due to its shady history and its treatment as a trading commodity. However, with the dismantling of Silk Road and the collapse of Mt Gox, Bitcoin is no longer a mere play thing for drug dealers and fantasy gamers. It has real potential as a means to conduct seamless […]

The Vanbex Group has published a report on its website entitled ‘Outlawing Bitcoin, a Matter of Control’, which focuses on the actions of the Russian government and other nations towards BitcoinCT r: 8. This time, it comes attached with punitive damages that could range from million ruble fines to up to seven years in jail […]

JM Bullion is a US online retailer of gold and silver products that accepts Bitcoin. JM Bullion is located in Dallas, Texas, and deals exclusively in physical bullion, selling precious metals that will be sent directly to you. JM Bullion is a US online retailer of gold and silver products that accepts Bitcoin. JM Bullion […]

Canada-based bitcoin exchange Cointrader announced earlier this week that it was shutting down following what it claimed was a debilitating hack. According to a notice posted to the service’s website, the exchange has “closed its doors effective immediately”. Unconfirmed emails sent to users and shared on social media claim that an internal audit showed ‘a […]

A new study by the Initiative for CryptoCurrencies and Contracts (IC3) at the Jacobs Technion-Cornell Institute authored by Christian Decker, Ittay Eyal, Andrew Miller and Emin Gn Sirer, among others, found that bitcoin’s blocksize could currently scale up to 4MB without affecting decentralization. According to the recently released position paper, On Scaling Decentralized Blockchains, 4,000 […]

Here’s what we are looking to trade in today’s bitcoin price European evening session, and a look at how our trades fared today. In this morning’s bitcoin price analysis, we noted that a triangle had formed mid range in our predefined parameters, and that we would look at using this triangle to enter long towards […]

Bitcoin Core developers Dr. Pieter Wuille, Eric Lombrozo and Johnson Lau launched a fourth – and probably final – iteration of the Segregated Witness testnet today. Perhaps most importantly compared to previous versions, ‘SegNet 4′ includes support for another upcoming Bitcoin protocol improvement, CheckSequenceVerify (CSV). This allows for experimentation with routable bidirectional payment channels, better […]

Bitcoin saw a surge in price between March 2015-2016, bringing back profitability to mining. Is it a good time to start mining again? In the old days, gold needed to be dug out of the earth which required a lot of effort. Things have not changed much since then, someone still needs to make an […]

Bitit, a Paris-based startup, has launched its in-person Bitcoin programme in over 100,000 worldwide locations. Bitit offers in person BitcoinCT r: 8 purchasing via receipts ranging from 25 to 250 that are bought from cashiers, and can be redeemed for Bitcoin. It hopes to launch its prepaid plastic and digital gift cards programme soon. Making […]