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How to Buy Bitcoins. Bitstamp - buy and sell bitcoins. Mt.Gox - Bitcoin Exchange. Game over, Bitcoin. Long live human-based currencies! While being a tremendous proof of concept, the distributed cryptocurrency Bitcoin is fundamentally flawed as an alternative money system, critics say.

It is now time for truly radical monetarists to build on this technical experiment and move to the next level of the monetary revolution: a truly human-based digital monetary system. Since its launch in 2009, Bitcoin has turned from a crypto-anarchist project into a hype topic in the worldwide web community and beyond. From London’s squats to Berlin’s Kreuzberg neighborhood: not everyone uses Bitcoin, but everyone is talking about it. Bitcoin can be described as a peer-to-peer cryptocurrency, in other words a distributed monetary system that enables anonymous and relatively secure transactions without any centralized authority. Everyone agrees that Bitcoin is an amazing proof of concept from a technical standpoint, and has succeeded in raising much awareness for the current flaws of the monetary system.

Which is bad, Felix Salmon says: BitCoin Ponzi Scheme. I analyzed more than a million bitcoin tweets. Here’s what that looks like. I recently got my hands on more than 1.3 million tweets, all mentioning bitcoin or creator Satoshi Nakamoto, spanning the entire month of February 2014.

I analyzed more than a million bitcoin tweets. Here’s what that looks like

My goal was to get a sense of who’s actually interested in bitcoin (enough to tweet about it, at least) and to see how activity on Twitter tracked with big news stories. Here’s what I found. Click on any image for a larger version. (Disclaimer: I’m neither a statistician nor a programmer, so I used relatively simple tools for analysis and worked with companies on other aspects. Gnip, which is now part of Twitter, supplied the data. Who’s tweeting about Bitcoin All told, 333,144 unique accounts posted messages related to bitcoin. Here are the 10 usernames that received the most @ mentions.

What bitcoin needs next: education and an ecosystem, says Marc Andreessen. Since its introduction in 2009, bitcoin’s had a bumpy ride — and that should come as no surprise.

What bitcoin needs next: education and an ecosystem, says Marc Andreessen

According to Netscape founder Marc Andreessen, ongoing press controversies over bitcoin amount to growing pains, and are akin to the media coverage he saw during the early days of the Internet. “You don’t get new technologies from the mainstream. You get it from the fringe. It would be very unusual if this kind of thing wasn’t happening,” Andreessen said, while speaking at a CoinSummit on Tuesday. During a panel appearance with Balaji Srinivasan, also a partner Andreessen Horowitz, the two venture capitalists discussed the growing ecosystem of bitcoin — and where they are looking to invest. “We think of it potentially on the scale of the Internet. Marc Andreessen with Balaki Srinivasan and moderator Kashmir Hill from Forbes. “I think there are very few things that are going to grow like bitcoin consulting in the next few years,” Srinivisan said. Max Keiser on Bitcoin Currency. Bitcoin P2P Virtual Currency.

Bitcoin. Bitcointalk.org Forum. Bitcoin Charts. Bitcoin Watch. Bitcoin, mobile payments and the future of money. Money is changing, with a range of innovative new technologies looking to disrupt the established financial structures.

Bitcoin, mobile payments and the future of money

Chief among these are the crypto-currencies such as Bitcoin. But what are they, where did they come from, and are they really a threat to the traditional monetary system? The origins of Bitcoin In 2008, a paper appeared in a newsletter to members of the Cryptography Mailing list, outlining a plan for a new kind of currency called Bitcoin. The following year, the first units of this new currency were available, following release of the Bitcoin software and the launch of its online network. The wider world, preoccupied with the maelstrom of financial meltdown, took very little notice. What’s it worth? The online currency converter XE lists the value of 1 bitcoin at £566.12 (4 February 2014).

Bitcoins are obtained in the first instance by mining (running complex computer algorithms), purchasing from a Bitcoin Exchange, or exchanging for goods and services. Mobile payment systems. MIT Groups to Hold Day-long Conference on Benefits of Bitcoin. Bitcoin API - Chain. BitMinter - Bitcoin made easy! Secure lightweight international Bitcoin wallet. Bitcoin Armory. Bitcoin: How its core technology will change the world - tech - 05 February 2014. At the coalface: mining for money (Image: Stephen Lam/Reuters) The virtual currency is about more than money – the real innovation is what people are doing with the technology it is based on BITCOIN has been called many things, from the future of money to a drug dealer's dream and everything else in between.

Bitcoin: How its core technology will change the world - tech - 05 February 2014

But beyond creating the web's first native currency, the true innovation of Bitcoin's mysterious designer, Satoshi Nakamoto, is its underlying technology, the "block chain". That fundamental concept is being used to transform Bitcoin – and could even replace it altogether. So what is the block chain? Miners, people who run the peer-to-peer Bitcoin software, randomly generate hashes, competing to produce one with a value below a certain target difficulty and thus complete a new block and receive a reward, currently 25 bitcoins. One of those tapping into its power is Vitalik Buterin, a 19-year-old developer from Toronto, Canada. Buterin says Ethereum is much more flexible. Bitcoin Magazine — Bitcoin and Cryptocurrency News and Discussion.

CoinTelegraph - Bitcoin news, analysis and review. Digital 'bitcoin' currency surpasses 20 national currencies in value. An illustration of the "bitcoin," a virtual currency currently selling for more than $90 U.S.

Digital 'bitcoin' currency surpasses 20 national currencies in value

Dollars. More than $1 billion dollars worth of a digital currency known as "bitcoins" now circulate on the web – an amount that exceeds the value of the entire currency stock of small countries like Liberia (which uses “Liberian dollars”), Bhutan (which uses the “Ngultrum”), and 18 other countries. So what is a “bitcoin,” and why would anyone use it?

Unlike traditional currency, bitcoins are not issued by a government or even a private company. Instead, the currency is run by computer code that distributes new bitcoins at a set rate to people who devote web servers to keep the code running. 'They buy gold, they put it under the mattress, or they buy bitcoin. Bitcoin. Russia Says Bitcoin Should Be Avoided [Updated] Russia doesn’t do things by halves — Bitcoin shouldn’t be used by individuals and legal entities according to a recent statement.

Russia Says Bitcoin Should Be Avoided [Updated]

If you have a Bitcoin wallet on your computer, the Government will be suspicious. The Central Bank of Russia reiterated that the official currency is the Ruble, and that it considers Bitcoin a money surrogate. That’s why the cryptocurrency should be avoided Here’s an abstract of the statement translated using Google Translation: Here’s the article 27: Article 27. The Central Bank issued a clarification, not a new rule. The reasons behind this move is that Bitcoin is reportedly used for money laundering and other criminal activities.

Bitcoin Basics For The '76 Percenters' Who Don't Have A Clue What It Is. How to become the best bitcoin miner. Global Bitcoin Computing Power Now 256 Times Faster Than Top 500 Supercomputers, Combined! Explorateur de blocs Bitcoin - Blockchain.info. WalletBuy & Sell Crypto ExchangeProfessional Trading ExplorerLive Data, Charts & Transactions. Bitcoinx. BTC Geek - Learn and Earn with Bitcoin.