Category Archives: Bitcoin

Tipping Tuesday! Bitcoin is worth $1,000,000 -- Chips in Skin, Karpeles is back again
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Tipping Tuesday! Bitcoin is worth $1,000,000 -- Chips in Skin, Karpeles is back again - Video

The search for Satoshi Nakamoto, the illusive creator of Bitcoin, may well be over(Adrian Chen/ Twitter)

Few mysteries in recent years have been as frustrating or as compelling as the question surrounding the true identity of Bitcoin's creator Satoshi Nakamoto.

Now, following five months of research into the true identity of Nakamoto, author and financial writer Dominic Frisby has narrowed down the possibilities to just one man: Nick Szabo.

In his new book 'Bitcoin - The Future of Money?' Frisby dedicates an entire chapter to detailing his investigation into uncovering Nakamoto. Through a forensic investigation that involves the trawling of 80,000 words published in various places online by Nakamoto, Szabo is singled out as the only candidate capable of creating the world's most famous cryptocurrency.

There are a number of key factors that Frisby cites in drawing his conclusions. Like others before him, Frisby draws attention to the similarities in writing style between Nakamoto and Szaboand the fact that Szabo designed the precursor to Bitcoin.

Further than any research into Nakamoto's identity so far, however, Frisby points to new evidence that pins Szabo to the creator of Bitcoin.

These include the time zone from which Nakamoto posted online tying closely to Szabo's own time zone and sleep patterns, subtle references to economists such as Carl Menger in discussions about money, the use of the coding language C++, as well as observations that Szabo and Satoshi used the same operating system.

"What for me is a humdinger: Szabo actually worked for Chaum's Digicash (an electronic money considered a precursor to Bitcoin) in the 1990s," Frisby writes. "I even found his old Digicash email address."

Many names have been put forward, including most famously Leah Goodman's speculative piece for Newsweek(owned by IBTimes UKparent company IBT Media) earlier this year that California engineer Dorian Satoshi Nakamoto was the man behind Bitcoin.

Szabo is himself very protective of his privacy. Only one photo is known to exist of him (above) and very little information beyond his own blog and various academic involvements is actually known. Speculation that he is Bitcoin's creator had surfaced before and he has denied it to both Frisby privately and on Twitter publicly.

Link:
Bitcoin Creator Revealed? Satoshi Nakamoto's True Identity Unmasked

When you begin Bitcoin Billionare, you're a nerdy bitcoin miner languishing in a musty office. But if you play the iPhone long enough, and you'll transform from a "geeky bitcoin miner to geeky bitcoin miner who owns a private island." How does one achieve this aspirational lifestyle? Just click. (And keep clicking.)

The brilliance of Bitcoin Billionaire, from Noodlecake Studios (the creators of Super Stickman Golf) and FizzPow Games, is in how it maximizes the already addictive nature of click games. "Underneath the cute retro 8-bit graphics and cheery chiptunes, the game revels in the fact that its just an idle clicker," writes Animal. The more clicks, the better. Players can click with as many fingers as the screen allows. The more you click, the more valuable your clicks become, generating more bitcoins per click. Once your mining gets rolling, your geek's surroundings quickly begin improving, with new furniture, nicer offices, and fancy tech toys.

Another way this clicker ensures your return is by allowing players to "invest" in objects like robot butlers and hover boards, which accrue value while you're away from the game. Watching ads in the game is optional, but choosing to watch them can exponentially increase the value of your clicks. If you want, you can even exchange real money for virtual "hyperbits," allowing you to shift the proceedings further in your favor. In a move of deceptive genius, the game will gift you these hyperbits in exchange for promoting it on Facebook or allowing it to send you push notifications.

By incentivizing all interaction, Bitcoin Billionaire becomes impossible to resistafter all, what's a harmless a push notification if it's worth few more sweet, sweet coins? Watch out Android users, this time sucker is coming for you next.

[h/t Animal]

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"Bitcoin Billionaire" Reveals How Addictive A Single Click Can Be

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A look inside America's largest Bitcoin mining operation - Video

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The Flipside Bitcoin News #5 - Chris Ellis A Cyborg, Mining Farm Up In Flames, Ode to Ben Lawsky - Video

Dominic Frisby - Bitcoin: The Future of Money?
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BITCOIN SCAM - PIRATE40 ARRESTED CHARGED
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By: FreedomForceUSA

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BITCOIN SCAM - PIRATE40 ARRESTED & CHARGED - Video

GYFT Bitcoin for gift cards, spend bitcoin at major retailers Target CVS Dell
Quick Bit interview with CJ MacDonald at Money 20/20 in Las Vegas. Gyft enables bitcoin users to spend bitcoin at hundreds of retailers who do not accept bitcoin. You can buy gif cards faster...

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GYFT Bitcoin for gift cards, spend bitcoin at major retailers Target CVS Dell - Video