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What is Bitcoin?

What is Bitcoin?

Bitcoin Cross-Exchange Spreads Reach 16-Month High After months of customer difficulty at Mt. Gox, bitcoin’s leading exchange by volume, price differentials between exchanges have risen to the same levels seen during the mid-April bubble. The last time the differential was higher was when BTC was trading at $4.90 in March 2012. Since early May, Tokyo-based Mt. Gox has encountered a number of issues affecting the capital flow in and out of their exchange.

L019: Bitcoin P2P Currency: The Most Dangerous Project We've Ever Seen - Launch - Solid discussions of this piece on, Hacker News, Slashdot and Reddit. Rob Tercek has a follow up to this piece here. by Jason Calacanis and the LAUNCH team A month ago I heard folks talking online about a virtual currency called bitcoin that is untraceable and un-hackable. Folks were using it to buy and sell drugs online, support content they liked and worst of all -- gasp! The Beginners Guide To Bitcoin – Everything You Need To Know - Monetarism - A UK Money and Personal Finance Blog In February 2013, version 0.8.0 of Bitcoin was released. This virtual payments system is the financial equivalent of Latin, the language with no native speakers. In the case of Bitcoin, though, what you are dealing with is a financial structure with no central bank, no one regulatory body as such, and no physical form. That may sound odd – so let’s look in more detail at Bitcoin, how it works, and what its future might be. What is Bitcoin?

for Businesses Bitcoin is a very secure and inexpensive way to handle payments. The lowest fees out there Bitcoin's high cryptographic security allows it to process transactions in a very efficient and inexpensive way. You can make and receive payments using the Bitcoin network with almost no fees. In most cases, fees are not strictly required but they are recommended for faster confirmation of your transaction. Protection against fraud Best of Trading bots to trade BTC on exchanges Hi, please post here what the bots you are using. Trading bot - software, that automatically trade your bitcoins (or litecoins) on exhachanges like MtGox or BTC-e I know several such bots, please post your opinions, what is the best bot for making profits? 1. language: RU, EN, Exhanges: MtGox, BTC-e Very adjustable strategies, but you need to write them yourself, author provides comprehencive support in his blog, you can use Byulow, EMA24 or cross-exchange trade strategies, e.q. "if btc price on MtGox is lower than $last_price_for_3h then buy btc on"

Comparison of mining pools Reward types & explanation: CPPSRB - Capped Pay Per Share with Recent Backpay. [1] DGM - Double Geometric Method. A hybrid between PPLNS and Geometric reward types that enables to operator to absorb some of the variance risk. Operator receives portion of payout on short rounds and returns it on longer rounds to normalize payments. [2] ESMPPS - Equalized Shared Maximum Pay Per Share. Bitcoin decentralized cryptocurrency Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.[8]

for Individuals Bitcoin is the simplest way to exchange money at very low cost. Mobile payments made easy Bitcoin on mobiles allows you to pay with a simple two step scan-and-pay. No need to sign up, swipe your card, type a PIN, or sign anything. Bitcoin Arbitrage, Scalping Market Inefficiencies and Currency Market-Share Gradual Shift One of the characteristics of any new development market or exchange that attempts to attract liquidity and develop price discovery processes, is that for certain newly structured instruments or thinly priced/thinly traded assets, a wide difference in available prices and fragmented liquidity from one market source to the next can exist. The essence of this phenomenon has existed for a millennial since the ancient days of commodity trading in Mesopotamia (modern-day Iraq), and was brought to light in Forex trading over the past decade, as electronic access to markets enabled arbitrage to take place at the speed of light in markets such as online currency trading, when comparing rates across various providers for the purpose of exploiting even the smallest difference. Fees and Venue Restrictions Eat Away at Scalper’s Profits

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