Bitcoin

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Bitcoin Shrugs Off Mt. Gox's Death Rattle

28 February 2014 | 9:37 pm The Bitcoin community may not exactly be dancing on the grave of Mt. Gox, the oldest and once-largest cryptocurrency exchange, which officially filed for banktrupcy in Japan Friday morning. But it's happy enough to step over Gox's corpse and go about business as usual. http://www.forbes.com/sites/andygreenberg/2014/02/28/bitcoin-shrugs-off-mt-goxs-death-rattle/

Bitcoin Exchange Mt. Gox Files For Bankruptcy

28 February 2014 | 5:17 pm NEW YORK (The Deal) –Bitcoin exchange Mt. Gox has filed for bankruptcy in Tokyo after 850,000 bitcoins valued at about $475 million "disappeared." "There was some weakness in the system, and the bitcoins have disappeared. I apologize for causing trouble," CEO Mark Karpeles said at a Friday press conference in Japan. The company's website has shut down except for a Wednesday statement by … http://www.thestreet.com/story/12461788/1/bitcoin-exchange-mt-gox-files-for-bankruptcy.html?cm_ven=RSSFeed

Bitcoin Derivatives Sprout as Regulators Play Catch-Up

28 February 2014 | 4:38 pm The bankruptcy of a major Bitcoin exchange in Japan not only focused attention on the digital currency's risks, it also rattled a still-newer market that regulators are just starting to monitor: Bitcoin derivatives. George Samman, a former Wall Street investment adviser who in May helped start a platform for betting on Bitcoin's price swings, saw trading on his BTC.sx website grow to more than … http://finance.yahoo.com/news/bitcoin-derivatives-sprout-regulators-play-083545795.html

What You Need To Know About Bitcoins (Kindle Edition) tagged “bitcoin” 2 times

24 January 2013 | 8:38 am What You Need To Know About Bitcoins What You Need To Know About Bitcoins (Kindle Edition)By Marcos Sausilitos Buy new: $3.99 Customer tags: currency(2), bitcoin(2), anonymous, mining, freedom, digital currency, chairsatan, hayek, p2p, libertarian, ati, computer http://www.amazon.com/What-Need-Know-About-Bitcoins-ebook/dp/B0059W2LPQ?tag=cclub-20

TSA Reportedly Demands To Inspect Man's Luggage For Bitcoin …

1 March 2014 | 1:37 am Davi Baker wasn't quite sure how to comply with the TSA's demands to inspect his bags for Bitcoin. Baker had found himself in a testy exchange with airport security personnel during an enhanced screening, and they wanted  http://techcrunch.com/2014/02/28/tsa-reportedly-demands-to-inspect-mans-luggage-for-bitcoin/

Mt. Gox exchange faces US lawsuit over Bitcoin losses – Engadget

28 February 2014 | 8:28 pm Remember how the discovery of a botnet took much of the value out of the Mt. Gox Bitcoin exchange, leading it to declare bankruptcy? Yeah, investors aren't happy about that — and they're now demanding compensation. http://www.engadget.com/2014/02/28/mt-gox-exchange-faces-us-lawsuit-over-bitcoin-losses/

What's Not Being Said About Bitcoin | TechCrunch

28 February 2014 | 5:30 pm Editor's note: Brian Armstrong is the co-founder and CEO of Coinbase, a leading consumer, merchant, and developer platform for Bitcoin purchasing, selling, and payment acceptance. Follow him on Twitter. Mt.Gox is gone. http://techcrunch.com/2014/02/28/whats-not-being-said-about-bitcoin/

Bitcoin ASIC Miner Block Erupter CUBE 38Gh/s- IN HAND!

1 March 2014 | 6:27 am $359.99
End Date: Sunday Mar-30-2014 23:27:45 PDT
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Antminer S1 Bitcoin Miner – 180 to 205 GH/s in hand and ready to ship

1 March 2014 | 5:19 am $1,200.00
End Date: Friday Mar-7-2014 21:19:57 PST
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5 GHS on CEX.io Bitcoin Cloud Mining STARTS IMMEDIATELY – LIFETIME CONTRACT!!!

1 March 2014 | 4:57 am $116.99
End Date: Monday Mar-3-2014 20:57:36 PST
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2 BTC Block Erupter USB for Bitcoin Mining – IN HAND READY2SHIP

1 March 2014 | 4:19 am $37.00
End Date: Monday Mar-3-2014 20:19:17 PST
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1 BTC Block Erupter USB for Bitcoin Mining – IN HAND READY2SHIP

1 March 2014 | 4:10 am $18.00
End Date: Monday Mar-3-2014 20:10:08 PST
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6 Responses to Bitcoin

  • Sina says:

    HOW DO I USE BITCOINS HELP? So i have 21.3 mhash and i dont know the kwh price for oregon lake oswego so if anybody could tell me if im making profit on bit coins or not would br great thants

  • Derek says:

    Is There A Place To Buy And Sell Used Items With Bitcoin. I Want To Acquire Bitcoin By Selling Unwanted Stuff? Does anyone know how to do this, or if there is a site for this?

  • Jack says:

    Do You Think That Cash Is Still King? I know at the end of the day it all leads to cash at some point but do you think its still king.
    Would you rather pay with physical money or through a card or cheque?
    Obviously it depends on what your buying.
    Personally I prefer using as for buying anything up to £200. I believe cash is apart of the national identity of each country and it tell a lot about its country. But for a large sum of money I would use my debit card.
    What do you think?
    one more thing:

    do you think we’d still be using banknotes in:
    10 years 20 years 50 years 100 years time?
    One more thing : in the UK we don’t have large denomination of money BofE notes only go up to £50 and the Scottish and Northern Irish £100 notes are very, very rare

    • Curator says:

      The lack of large denominations is to discourage the use of currency by criminals as it increases the bulk of the currency. So far, physical currency has been the only truely anonymous representation of exchange. Bitcoins comes close but leaves a publicly accessible record of transactions that is easily analysed by computers. If criminals continue to use it long enough, a computer program can easily identify them and their activities making the collection of evidence trivial. Physical currency doesn’t leave such a record that can be analysed. I think there will always be a demand for such anonymity of exchange.

      As to whether individual sovereign currency will remain. The Euro demonstrates the difficulty in not having sovereign currency, a difficulty we haven’t had since the gold and silver standard. Fiat money allows for taxation through inflation, literally infinite credit to the authorities controlling it. This allows for governments to take action now and figure out how to pay for it later if at all. The move to multi-national currency removes this ability and results in harsh measures whenever a government exceeds it’s budget. During times of prosperity, there will be a move towards a common currency to increase trade but a few countries will hold on to their sovereign currency indefinitely, the US being one of them though it may be willing to absorb smaller countries economies and governments.

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