By David Snitkof Two of the most talked-about topics in the world of financial technology are marketplace lending and cryptographic currencies. As we have explored in depth on this blog, marketplace lending is growing rapidly and democratizing access to capital for consumers and businesses around the globe. Cryptographic currencies such as bitcoin offer the potential for a monetary system not controlled by central banks or governments, as well as the promise of decreased t…
Read moreProfessor Susan Athey: ‘If People Use It, Bitcoin Has Intrinsic Value’
Susan Athey is a senior fellow at the Stanford Institute for Economics Policy Research, specializing in auction-based marketplaces and the economics of the Internet. She is also an advisor at Ripple Labs and serves as Microsoft’s Chief Economist. Athey brought an independent academic perspective to discussions atCoinSummit San Francisco last week, using her expertise and research to assess the technology’…
The rumored deadline for China’s banks to cut off bitcoin exchanges from deposits has arrived, with no official word from the authorities that such a policy even exists. Chinese exchange BTC China claims it has no intention of changing the way it does business. The story has contributed to turbulence in the bitcoin markets since it first began circulating as a rumor last month. Bitcoin saw its value fall beneath $400 briefly for the first time since November 2013. This is d…
Read moreBitcoin prices crashed today as Chinese businesses began receiving official deposit shutdown notices from banks, confirming recent suspicions of an impending crackdown. Exchanges will stop account recharging via bank accounts between now and 15th April. Even though the news has been anticipated for over a week now, bitcoin prices sank under $403 from a high of $450.74 on the CoinDesk Bitcoin Price Index after companies began making public announcements on their sites.
Read moreCRYPTORY is a scalable system of distributed computing that allows you to earn a guaranteed stable yield on your investment. Our powerful computing system is optimized for mining Bitcoins, one of the most common decentralized currencies.
How does CRYPTORY® manage to provide a stable and predictable increase in income despite the fluctuation in the Bitcoins per US Dollar exchange rate?
The short answer to this question — Hedging. Still don’t understand? … Don’t worry! In this …
The value of the Bitcoin has soared in recent months, but can the technology also help make predictions? A research team from a venture capital firm lists top 10 predictions for the digital currency in 2014.
1. More than $100M of venture capital will flow into Bitcoin start-ups. This pool of capital will be distributed across local/global exchange start-ups (e.g. BTC China*), merchant related services (e.g. Bitpay), wallet services (e.g.Coinbase) and a host of other innovative…
With the recent Bitcoin to USD exchange rate skyrocketing many people worldwide are now looking to mine Bitcoin easily with ASICs and mint themselves some digital currency. New Bitcoin cloud mining platform CEX.IO is meeting this demand; anyone worldwide can now easily purchase Bitcoin ASIC mining shares and generate a passive Bitcoin mining income without needing to buy, set up and configure a Bitcoin mining machine. The CEX.IO operation is highly professional: offering …
Read moreMore than money, bitcoin's real value lies in its algorithms
Blockchain technology that powers bitcoin and other digital currencies is showing up in a variety of other applicationsMore than money, bitcoin's real value lies in its algorithms
Baidu, also known as the "Google of China," is now accepting Bitcoin payments, according to Mashable!Now, the digital currency gets the backing of a real Internet giant. Baidu is the fifth most-visited website in the world and China's top site, according to Alexa.
"This is encouraging news, even more so since it is from China and with a NASDAQ-listed company," John Matonis, executive director of the Bitcoin Foundation, told Mashable in an email.
Apart f…
As you found now this post i believe u know what BITCOIN is and how to mine bitcoin using hardware.
First question is: Do i really need to invest money in to hardware to start with bitcoin?
Answer is NO! Not any more. Below you will find why not and why not any more.
The basics for a new user As a new user, you can get started with Bitcoin without understanding the technical details. Once you have installed a Bitcoin wallet on your computer or mobile phone, it will generate your first Bitcoin address and you can create more whenever you need one. You can disclose your addresses to your friends so that they can pay you or vice versa. In fact, this is pretty similar to how email works, except that Bitcoin addresses should only be used onc…
Read moreBitcoin 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
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