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 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 …
In the next year, Bitcoin will start its transformation from a mere currency into an entire open-source, decentralized exchange for everything from futures contracts to car rentals.FORTUNE -- In 2013, bitcoin's valuation didn't just skyrocket, but its infrastructure, services, and adoption exploded as well, culminating in recent announcements that major online retailer Overstock.com and NBA team the Sacramento Kings would accept the digital currency as payment. Some…
Read moreBitcoin remains a mystery to many on Main Street America. However, many analysts and experts think that the digital currency's future lies in the payments business, a $500 billion dollar industry for tradition financial institutions like JP Morgan and Visa. The problem with current payment technology is that, while effective, it is very slow, inefficient, and vulnerable to hacks and cyberattacks. Bitcoin, while it has many problems of its own, solves a number of the issu…
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