Bitcoin Affiliate Network playing #39;Daddy Cool #39; after breaking a block, and 6 monitor desktop.
Just wanted to share this little bit of silliness I found the other day and had a chance to record today. A mining pool I mine on plays Daddy Cool by Boney M whenever they break a block. Pretty...
By: Glytch
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Bitcoin 101 - A Million Killer Apps - Part 2 - Blockchains A Global Shared History
History has always been written by the victors. But beginning in 2009, this limitation has been disrupted. Designed to be electronic cash, Bitcoin has proved to be so much more. In this video...
By: world bitcoin network
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Bitcoin 101 - A Million Killer Apps - Part 2 - Blockchains & A Global Shared History - Video
Brad Templeton: How Bitcoin Disrupts the Finance Industry
Should you invest in Bitcoin? Maybe not, says Brad Templeton, but that doesn #39;t mean the digital currency isn #39;t amazing in and of itself. Templeton explains what Bitcoin achieves and how it...
By: Big Think
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Brad Templeton: How Bitcoin Disrupts the Finance Industry - Video
Michael Connell - Bitcoin Comedian! - Bitcoins Gravy Episode 56
Excerpt from Let #39;s Talk Bitcoin - Episode.
By: Let #39;s Talk Bitcoin!
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Michael Connell - Bitcoin Comedian! - Bitcoins & Gravy Episode 56 - Video
ZEBPAY APP #39; ANNOUNCING- THE FIRST BITCOIN MOBILE WALLET APP IN INDIA,
ZEBPAY APP #39; ANNOUNCING- THE FIRST BITCOIN MOBILE WALLET APP IN INDIA,
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ZEBPAY APP' ANNOUNCING- THE FIRST BITCOIN MOBILE WALLET APP IN INDIA, - Video
That tech is the underpinning of the bitcoin cryptocurrency system, and acts as an unchangeable universal record system (that has obvious applications for financial transactions, but could also prove a key backbone for a number of future uses).
Read MoreForget currency, bitcoin's tech is the revolution
One such application could be in the often-foretold "Internet of Things." This is the idea that, in the future, our daily lives will interact with a "network of billions of intelligent devices," according to IBM.
In fact, IBM released an investigation into this concept, concluding that "the 'blockchain' offers a very elegant solution" for many of the logistical issues surrounding the Internet of Things.
Although the company's exact goals are as-yet unknown, 21 co-founder Balaji Srinivasan (who is also a general partner at Andreessen Horowitz) once gave a talk about breaking free from the rule of governments and old institutions by building "a world run by software." (Originally pointed out by Reddit user Noosterdam.)
For more on 21's funding, see The Wall Street Journal's report.
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China's craze for bitcoins has been well-documented over the past year, but a new report highlights just how dominant of a player the country is.
About 80 percent of bitcoin volume is now driven by the Chinese yuan, according to data from Goldman Sachs. The U.S. dollar is the second most used currency for transactions, followed by the euro, the bank said in a new report.
The bank's findings correlate with data from Bitcoinity, a popular website used to track market data. A look at trading volume over the past six months reveals China's yuan accounted for 77 percent of total market share, compared with 19 percent for the greenback and just 1 percent for the euro.
China's high trading activity comes despite recent moves by the People's Bank of China (PBoC) to clamp down on the crypto-currency. The central bank banned financial institutions from bitcoin trading in December after warning that the currency was essentially a vehicle for speculation. Earlier in 2014, the PBoC also took measures to prevent bitcoin companies from gaining access to payment processors.
However, Goldman Sachs believes the mood is gradually improving: "However, in light of a somewhat stabilizing Bitcoin economy in China, a few payment processors have reemerged, such as BTC China's JustPay."
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Don't be fooled when you see a Bitcoin price prediction that calls for a collapse in the digital currency.
Those predictions are mostly based on the bursting of the Bitcoin bubble. Bitcoin prices soared 8,500% in 2013 only to fall 85% by this past January.
But the critics have misread what the charts are saying.
All they see is a long downtrend. It buttresses their belief that Bitcoin has no value and that its demise is inevitable.
But these critics miss several key points. The truth is, now that it's post-bubble, Bitcoin is finally finding its true value...
First, critics typically liken the Bitcoin bubble to the infamous Dutch Tulip Bulb Mania of 1634-1637.
In that case, imported tulip bulbs went from being a somewhat pricey luxury to a wildly speculative investment. Prices soared some 1,500% within a few months. When some started to cash out, the whole thing crashed. In less than a month, prices for the once-prized bulbs fell 99%.
Bitcoin, however, is not that kind of bubble. The tulip bulbs had little practical value; they were just pretty flowers.
Instead, the correct way to view the Bitcoin price trend is to look at the U.S. housing bubble...
From 1999 to 2006, U.S. home prices soared 80%. But housing was never worthless. Homes were simply overpriced.
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Bitcoin Price Prediction: Why It's Only Now Finding the True Value
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Smoke for My Glaucoma - BITCOIN @bitcoinsmusic
I smoke for my Glaucoma, like every single day. They say a packed bowl or two keeps the doctors away. IG TW @bitcoinsmusic.
By: Bitcoin Music
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Bitcoin Rush-38 w/ OrbitCoin, UToken, Fidor Bank, Bill Cassidy, TheOpenMinute
OrbitCoin: http://orb.sx Block Explorer / Crawler http://atlas.phoenixcoin.org:1080 UToken: http://twitter.com/utokendealer http://www.utokendealers.com FidorBank: http://fidor.de Bill Cassidy:...
By: World Crypto Network
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Bitcoin Rush-38 w/ OrbitCoin, UToken, Fidor Bank, Bill Cassidy, TheOpenMinute - Video
Bitcoin World: Digital currency gets boost from volatile markets
A light-hearted online-platform helps people understand the potential benefits of using the digital money. RT #39;s Lizzie Phelan in Berlin explains how we could...
By: RT
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Bitcoin World: Digital currency gets boost from volatile markets - Video
Making Money From Bitcoin
Grab the copy here : http://forsale7.com/bitcoin.
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Man Buys $27 of Bitcoin, Forgets About Them, Finds They #39;re Now Worth $886,000
You #39;re probably going to see this, a lot! Someone buys some bitcoins and forgets about them. Later, they rediscover them and Whop! They #39;re rich! Just like that!
By: BackToConstitution
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Man Buys $27 of Bitcoin, Forgets About Them, Finds They're Now Worth $886,000 - Video
Andreas Antonopoulos - Collection of memorable quotes
Collection of memorable quotes from Bitcoin #39;s best representative Andreas Antonopoulos. Videos include: Andreas Antonopoulos @ MIT Bitcoin Club Andreas Antonopoulos At BitcoinSouth - Money...
By: John S
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Andreas Antonopoulos - Collection of memorable quotes - Video
Is Bitcoin the MySpace of Cryptocurrency?
I use Google Trends to analyze the chances that the "Facebook of Crypto" will dethrone bitcoin.
By: Alex Millar
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NEW YORK (TheStreet) -- Even as mainstream awareness aboutbitcoin and its possibilities has grown over the past year, the digital currency's volatility has become a cause of worry for investors.
New this week that a bitcoin exchange in Hong Kong had suddenly closed, taking with it some $386 million worth of investors' money, mark the latest in a long list of hacks and scandals that have plagued the currency. It's also further evidence of what critics say are fundamental problems with the currency.
Must Read: 10 Stocks Carl Icahn Loves for 2015: Apple, eBay, Hertz and More "Bitcoin is built with clay feet," said Mark Williams, a risk management expert and bitcoin expert at Boston University. "It isn't built with a focus on trust."
Williams says the currency has a number of structural flaws that have helped to undermine trust.
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Bitcoin Scandals Increase Skepticism About Currency's Trustworthiness
The nascent industry of bitcoin derivatives got a high-profile boost on Wednesday, as a London-based trading platform was launched by ex-employees of some of the world's leading investment banks.
Crypto Facilities was set up by former bankers from Goldman Sachs, Morgan Stanley, BNP Paribas and Societe Generale.
The platform pitches itself as a broker which specializes in bitcoin derivatives, and trades financial products like options and futures which are directly linked to the price of the cryptocurrency. Thus, it allows users to "go long" and bet that the price of bitcoin will rise, or "go short" and bet the price will fall.
Timo Schlaefer, the co-founder and CEO, was previously the executive director of credit quantitative modeling at Goldman Sachs in London. Speaking to CNBC via telephone Wednesday, he said he had worked for the investment bank for ten years but left to create this brokerage firm.
"I really wanted to help this industry develop and bring the experience that I have," he said.
Schlaefer added that he saw real potential in the technology behind bitcoin - the block chain - which is a publicly-distributed ledger system which makes sure all transactions are verified in a transparent, decentralized and secure fashion.
Crypto Facilities is officially regulated by the U.K.'s Financial Conduct Authority. However, the regulator only oversees the company's traditional derivative operations, as there are not yet any official regulations on the digital currency in the country.
Like Schlaefer, the Bank of England has also said it sees huge potential for the technology behind the digital currency bitcoin.
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