People Use It, Bitcoin Has Intrinsic Value
Professor 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’…
Top 10 predictions for Bitcoin in 2014 - source
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…
Mine Bitcoin From Anywhere With Revolutionary Bitcoin ASIC Cloud Mining Platform
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 …
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Bitcoin is not just digital currency. It's Napster for finance.
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…
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Online Retailer Will Accept Bitcoin
The online retailer Overstock plans to accept the digital currency Bitcoin next year, the company’s top executive told the Financial Times, becoming the first big American online retailer to do so. Patrick Byrne said the online general merchandise shop plans to start taking Bitcoin as early as the second quarter in 2014. “I think a healthy monetary system at the end of the day isn’t an upside down pyramid based on the whim of a government official, but is based on something…
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How does Bitcoin work?
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…
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Bitcoin 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. All you need to receive Bitcoin payments is to display the QR code in your Bitcoin wallet app and let your friend scan your mobile, or touch the two phones together (using NFC radio technology).
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