Test CircleCount PRO now!
Login now

Not your profile? Login and get free access to your reports and analysis.

Tags

Sign in

No tag added here yet.
You can login on CircleCount to add some tags here.

Are you missing a tag in the list of available tags? You can suggest new tags here.

Login now

Do you want to see a more detailed chart? Check your settings and define your favorite chart type.

Or click here to get the detailed chart only once.

Patrick Ulrich has been at 1 events

HostFollowersTitleDateGuestsLinks
Google Play9,302,965Join us for a special Google Play hangout with hip hop's biggest newcomer, +Kendrick Lamar (http://goo.gl/s66EK) on Wednesday, March 13. Lamar will be live from Austin's South by Southwest Festival to open up to fans about how a kid from Compton came up through the ranks to create one of 2012's most acclaimed albums, _good kid, m.A.A.d city_. Leave your questions for Kendrick using #kendricklamarhangout for a chance to have it answered on air. #kendricklamarhangout #kendricklamar #gkmc #poeticjustice #sxsw   *About the Hangout* +Kendrick Lamar was a kid growing up in Compton in the 1990s, trying to stay out of trouble. By 16, he'd recorded his first mixtape, under the name K. Dot. 2012's good kid, m.A.A.d city, Lamar's major label debut album, is a sprawling masterpiece of technical rapping and structured storytelling that defies and expands the conventions of his genre.Google Play presents: Kendrick Lamar2013-03-13 12:30:003148  

Shared Circles including Patrick Ulrich

Shared Circles are not available on Google+ anymore, but you can find them still here.

The Google+ Collections of Patrick Ulrich

Activity

Average numbers for the latest posts (max. 50 posts, posted within the last 4 weeks)

3
comments per post
5
reshares per post
30
+1's per post

918
characters per posting

Top posts in the last 50 posts

Most comments: 18

posted image

2015-12-29 02:50:08 (18 comments; 16 reshares; 86 +1s)Open 

Bitcoin's back: Big year for controversial digital currency

Bitcoin is up over 40 percent this year. The U.S. Dollar Index: a gain of 9 percent

The U.S. dollar has had a nice run. It's been the talk of global currency trading all year long.

And why not? After years of a weak greenback due to dovish Federal Reserve policy, the Dollar Index has extended big 2014 gains, up near-9 percent against a basket of major world currencies this year. Some individual currency trades, like USD/Brazil Real, have netted currency investors huge returns.

But to find what's arguably been the best global currency in 2015, an investor might need to put quote marks around the term "global currency."

It would have been easy to dismiss bitcoin after a surge that had taken the digital currency's price over $1,000 on some exchanges crashed in late... more »

Most reshares: 16

posted image

2015-12-29 02:50:08 (18 comments; 16 reshares; 86 +1s)Open 

Bitcoin's back: Big year for controversial digital currency

Bitcoin is up over 40 percent this year. The U.S. Dollar Index: a gain of 9 percent

The U.S. dollar has had a nice run. It's been the talk of global currency trading all year long.

And why not? After years of a weak greenback due to dovish Federal Reserve policy, the Dollar Index has extended big 2014 gains, up near-9 percent against a basket of major world currencies this year. Some individual currency trades, like USD/Brazil Real, have netted currency investors huge returns.

But to find what's arguably been the best global currency in 2015, an investor might need to put quote marks around the term "global currency."

It would have been easy to dismiss bitcoin after a surge that had taken the digital currency's price over $1,000 on some exchanges crashed in late... more »

Most plusones: 86

posted image

2015-12-29 02:50:08 (18 comments; 16 reshares; 86 +1s)Open 

Bitcoin's back: Big year for controversial digital currency

Bitcoin is up over 40 percent this year. The U.S. Dollar Index: a gain of 9 percent

The U.S. dollar has had a nice run. It's been the talk of global currency trading all year long.

And why not? After years of a weak greenback due to dovish Federal Reserve policy, the Dollar Index has extended big 2014 gains, up near-9 percent against a basket of major world currencies this year. Some individual currency trades, like USD/Brazil Real, have netted currency investors huge returns.

But to find what's arguably been the best global currency in 2015, an investor might need to put quote marks around the term "global currency."

It would have been easy to dismiss bitcoin after a surge that had taken the digital currency's price over $1,000 on some exchanges crashed in late... more »

Latest 50 posts

posted image

2016-02-08 03:53:10 (0 comments; 0 reshares; 10 +1s)Open 

SatoshiPay Launches Bitcoin Nanopayment Network for Online Content

SatoshiPay, an online payments company headquartered in London, announced the launch of a platform for Web publishers, offering a new way to monetize content through frictionless micropayments.

SatoshiPay’s payment technology gives users the ability to transact amounts as small as one cent or less – which the company refers to as “nanopayments” – by leveraging blockchain technology.

“Nanopayments can be fractions of a cent. They are instantly settled and can be executed at high frequency. Imagine a couple of payments per second by a single user,” said SatoshiPay co-founder and CEO Meinhard Benn. “This enables completely new ways of monetizing Web content and digital goods in general. In an increasingly digital society, nanopayments allow for new business models that existing paymenttechnology cannot... more »

SatoshiPay Launches Bitcoin Nanopayment Network for Online Content

SatoshiPay, an online payments company headquartered in London, announced the launch of a platform for Web publishers, offering a new way to monetize content through frictionless micropayments.

SatoshiPay’s payment technology gives users the ability to transact amounts as small as one cent or less – which the company refers to as “nanopayments” – by leveraging blockchain technology.

“Nanopayments can be fractions of a cent. They are instantly settled and can be executed at high frequency. Imagine a couple of payments per second by a single user,” said SatoshiPay co-founder and CEO Meinhard Benn. “This enables completely new ways of monetizing Web content and digital goods in general. In an increasingly digital society, nanopayments allow for new business models that existing payment technology cannot facilitate due to its fee structure and trust models.”___

posted image

2016-02-08 03:23:49 (0 comments; 0 reshares; 7 +1s)Open 

Louis CK launches an online-only video series

Louis CK is no stranger to dodging conventional TV in favor of releasing his shows online, but his latest effort might take the cake. He just surprise-released the first episode of a new online-only video series, Horace and Pete, through his website. And it's not amateur hour, either -- the bar-themed show co-stars Steve Buscemi, while actors ranging from Alan Alda to Jessica Lange make appearances in the first video alone. It's not clear how long H&P will run, but there are hints that the first episode was shot just days earlier.

You may be wondering why I would include a post about a comedian's new online show in a bitcoin collection but I felt that it was actually kind of fitting. See part of Louis CK's unconventional release strategy includes the ability to pay for his content with bitcoin usingBitpay&#... more »

Louis CK launches an online-only video series

Louis CK is no stranger to dodging conventional TV in favor of releasing his shows online, but his latest effort might take the cake. He just surprise-released the first episode of a new online-only video series, Horace and Pete, through his website. And it's not amateur hour, either -- the bar-themed show co-stars Steve Buscemi, while actors ranging from Alan Alda to Jessica Lange make appearances in the first video alone. It's not clear how long H&P will run, but there are hints that the first episode was shot just days earlier.

You may be wondering why I would include a post about a comedian's new online show in a bitcoin collection but I felt that it was actually kind of fitting. See part of Louis CK's unconventional release strategy includes the ability to pay for his content with bitcoin using Bitpay's services. This wasn't something new for the comedian's site either as he has been an early adopter of the new tech.

One thing to be sure to be clear on is setting the expectation that this show isn't a comedy. It definitely has light moments with good laughs but it is definitely more of a drama. Regardless it's very good and I would recommend everyone taking the chance to check it out.

https://louisck.net/show/horace-and-pete___

posted image

2016-02-04 09:26:44 (0 comments; 3 reshares; 19 +1s)Open 

Blockstream Raises $55 Million to Build Out Bitcoin’s Blockchain

Blockstream has raised $55m in Series A funding to continue its work expanding the bitcoin code base for commercial use.

With the news, Blockstream's total funding rises to $76m over two investment rounds. To date, the company's signature technology has been its sidechains offering, currently in testing, which enables the creation of blockchains that can validate data from, and transfer assets to, other blockchains.

Blockstream Raises $55 Million to Build Out Bitcoin’s Blockchain

Blockstream has raised $55m in Series A funding to continue its work expanding the bitcoin code base for commercial use.

With the news, Blockstream's total funding rises to $76m over two investment rounds. To date, the company's signature technology has been its sidechains offering, currently in testing, which enables the creation of blockchains that can validate data from, and transfer assets to, other blockchains.___

posted image

2016-01-28 19:26:09 (4 comments; 4 reshares; 28 +1s)Open 

Ethereum Overtakes Litecoin in Market Cap after Continued Upward Trend

On January 23, Ethereum overtook Litecoin for the first time to become the third-largest digital currency when looking at total coin market cap. This is after a two-week period where the Ethereum market cap has grown by more than 80 percent.

The price of Ethereum is on an equally steep upward trend, growing more than 300 percent since the beginning of January; 24-hour volume has grown from around $300,000 to upwards of $10 million. This is in comparison to the average daily Litecoin trading volume of $1 million and is up to a quarter of the daily trading volume of Bitcoin, which is $39.5 million. It looks like the market cap of Ethereum, which is $280M will soon rocket past the market cap of Ripple, which is $300M and the second-largest market cap for a digital currency, because of Ripple’s lower averagedai... more »

Ethereum Overtakes Litecoin in Market Cap after Continued Upward Trend

On January 23, Ethereum overtook Litecoin for the first time to become the third-largest digital currency when looking at total coin market cap. This is after a two-week period where the Ethereum market cap has grown by more than 80 percent.

The price of Ethereum is on an equally steep upward trend, growing more than 300 percent since the beginning of January; 24-hour volume has grown from around $300,000 to upwards of $10 million. This is in comparison to the average daily Litecoin trading volume of $1 million and is up to a quarter of the daily trading volume of Bitcoin, which is $39.5 million. It looks like the market cap of Ethereum, which is $280M will soon rocket past the market cap of Ripple, which is $300M and the second-largest market cap for a digital currency, because of Ripple’s lower average daily trading volume of $3 million.___

posted image

2016-01-25 15:52:25 (1 comments; 3 reshares; 23 +1s)Open 

CFTC appoints LedgerX CEO to their Technology Advisory Committee

The US Commodity Futures Trading Commission (CFTC) has recently been expanding its role into digital commodities. The latest member of the CFTC Technology Advisory Committee (TAC) is Paul L. Chou, co-founder and CEO of the Bitcoin institutional trading and clearing platform, LedgerX.

The TAC was created in 1999 to advise the Commission on the impact and implications of technological innovations in financial services and the futures markets. Furthermore, the Committee is responsible for the appropriate legislative and regulatory response to increasing use of technology in the markets.

CFTC appoints LedgerX CEO to their Technology Advisory Committee

The US Commodity Futures Trading Commission (CFTC) has recently been expanding its role into digital commodities. The latest member of the CFTC Technology Advisory Committee (TAC) is Paul L. Chou, co-founder and CEO of the Bitcoin institutional trading and clearing platform, LedgerX.

The TAC was created in 1999 to advise the Commission on the impact and implications of technological innovations in financial services and the futures markets. Furthermore, the Committee is responsible for the appropriate legislative and regulatory response to increasing use of technology in the markets.___

posted image

2016-01-25 15:36:09 (5 comments; 5 reshares; 22 +1s)Open 

Europe To Hold Public Hearing On Virtual Currencies

The European Parliament’s Committee on Economic and Monetary Affairs (ECON) is to hold a public hearing to discuss virtual currencies on Monday, January 25th 2016. The European Parliament is the directly elected legislative body of the European Union (EU), the world’s largest economy.

The hearing will discuss the role of legislators and other public institutions, the benefits and drawbacks of virtual currencies, and the underlying risks in using the crypto-technologies among other things.

The panellists for the public hearing will include representatives from the European Commission and the Organisation for Economic Co-operation and Development (OECD), academia and stakeholders from the private sector including EDCAB, the European Digital Currency and Blockchain Technology Forum.

Europe To Hold Public Hearing On Virtual Currencies

The European Parliament’s Committee on Economic and Monetary Affairs (ECON) is to hold a public hearing to discuss virtual currencies on Monday, January 25th 2016. The European Parliament is the directly elected legislative body of the European Union (EU), the world’s largest economy.

The hearing will discuss the role of legislators and other public institutions, the benefits and drawbacks of virtual currencies, and the underlying risks in using the crypto-technologies among other things.

The panellists for the public hearing will include representatives from the European Commission and the Organisation for Economic Co-operation and Development (OECD), academia and stakeholders from the private sector including EDCAB, the European Digital Currency and Blockchain Technology Forum.___

posted image

2016-01-25 04:37:08 (11 comments; 10 reshares; 66 +1s)Open 

Bitcoin Holders Can Now Receive Daily Interest Payments On Coinbase

On January 21st, during the North American Bitcoin Conference in Miami, BSAVE announced its Bitcoin savings account for Coinbase wallet users. This new feature allows Coinbase clients to receive daily interest payments.

“BSave is a very unique service. I have been part of the beta platform receiving daily interest and have been asking a lot of questions about the model. The most important question moving forward with any service like this is counterparty risk. In these early stages it is a great service with a great interface and a realistic model for generating the interest in the background. Their big challenge now will be winning trust as deposits grow and building a transparency model to audit deposits with the Blockchain similar to what Uphold has built”, said BnkToTheFuture Co-Founderand Bitcoin Capit... more »

Bitcoin Holders Can Now Receive Daily Interest Payments On Coinbase

On January 21st, during the North American Bitcoin Conference in Miami, BSAVE announced its Bitcoin savings account for Coinbase wallet users. This new feature allows Coinbase clients to receive daily interest payments.

“BSave is a very unique service. I have been part of the beta platform receiving daily interest and have been asking a lot of questions about the model. The most important question moving forward with any service like this is counterparty risk. In these early stages it is a great service with a great interface and a realistic model for generating the interest in the background. Their big challenge now will be winning trust as deposits grow and building a transparency model to audit deposits with the Blockchain similar to what Uphold has built”, said BnkToTheFuture Co-Founder and Bitcoin Capital fund Manager Simon Dixon.___

posted image

2016-01-21 21:53:10 (3 comments; 8 reshares; 45 +1s)Open 

Chicago To Get New Bitcoin ATMs From RockItCoin

Chicago, Illinois now has 24 Bitcoin ATMs thanks toRockItCoin, a new company that decided to install four newBTMs in the area and they will be adding more in the near future.

“RockItCoins goal is to become the largest player in the BitCoin Currency exchange space. In Chicago we will be installing 10-15 more machines”, said RockItCoins CEO Michael Dalesandro.

Chicago To Get New Bitcoin ATMs From RockItCoin

Chicago, Illinois now has 24 Bitcoin ATMs thanks toRockItCoin, a new company that decided to install four newBTMs in the area and they will be adding more in the near future.

“RockItCoins goal is to become the largest player in the BitCoin Currency exchange space. In Chicago we will be installing 10-15 more machines”, said RockItCoins CEO Michael Dalesandro.___

posted image

2016-01-21 21:48:02 (5 comments; 4 reshares; 24 +1s)Open 

New Hampshire Legislators Kill Bitcoin Tax Bill

A legislative effort that would have allowed New Hampshire residents to pay their tax bills using bitcoin has been defeated.

The New Hampshire House of Representatives voted 264 to 74 to kill the bill on 20th January – a move that came just over a year after the measure was first introduced.

The bill was introduced by state Representative Eric Schleien last January and proposed letting citizens in New Hampshire pay taxes and fees using the digital currency.

New Hampshire Legislators Kill Bitcoin Tax Bill

A legislative effort that would have allowed New Hampshire residents to pay their tax bills using bitcoin has been defeated.

The New Hampshire House of Representatives voted 264 to 74 to kill the bill on 20th January – a move that came just over a year after the measure was first introduced.

The bill was introduced by state Representative Eric Schleien last January and proposed letting citizens in New Hampshire pay taxes and fees using the digital currency.___

posted image

2016-01-21 16:22:18 (0 comments; 5 reshares; 22 +1s)Open 

BitGo Launches 'Instant' Bitcoin Transaction Tool

Bitcoin security firm BitGo has launched a new service that aims to allow clients to accept bitcoin transactions prior to their official confirmation on the blockchain.

Called BitGo Instant, the offering aims to allow users to accept transactions more quickly, while guarding against the possibility that funds could be 'double spent' or otherwise altered before they settle against the bitcoin ledger.

At launch, BitGo said major exchanges including Bitstamp,Bitfinex and Kraken had already signed on as users of the service. Other notable partners include altcoin trading service ShapeShift and the e-commerce app Fold.

In interview, BitGo CTO Ben Davenport said the service will help bitcoin companies better offer the user experience their consumers expect from the digital currency, which hasbeen ... more »

BitGo Launches 'Instant' Bitcoin Transaction Tool

Bitcoin security firm BitGo has launched a new service that aims to allow clients to accept bitcoin transactions prior to their official confirmation on the blockchain.

Called BitGo Instant, the offering aims to allow users to accept transactions more quickly, while guarding against the possibility that funds could be 'double spent' or otherwise altered before they settle against the bitcoin ledger.

At launch, BitGo said major exchanges including Bitstamp,Bitfinex and Kraken had already signed on as users of the service. Other notable partners include altcoin trading service ShapeShift and the e-commerce app Fold.

In interview, BitGo CTO Ben Davenport said the service will help bitcoin companies better offer the user experience their consumers expect from the digital currency, which has been widely advertised as fast and free, yet can take 10 minutes and sometimes much more to be confirmed by the network.___

posted image

2016-01-21 16:07:23 (3 comments; 5 reshares; 41 +1s)Open 

Is Bitcoin Dead? $1 Billion In Startup Investment Says No

Bitcoin has been declared dead about ninety times since it’s release in 2009, but this time it’s different. Instead of a media outlet breathlessly repeating assurances from a banking sector executive that the first blockchain based virtual currency is dead, the source of the obituary was none other than Mike Hearn, a leading Bitcoin developer.

Hearn’s post on Medium exposed some of the inner workings of the Bitcoin industry, focusing in particular on the deadlock among developers regarding how to increase the maximum number of transactions per second. Hearn deserves to be heard, given the time he has devoted to making Bitcoin work, but many of his concerns have been blown out of proportion.

The majority of the article discusses an issue that has been in hot debate since the middle of 2015, thescalabil... more »

Is Bitcoin Dead? $1 Billion In Startup Investment Says No

Bitcoin has been declared dead about ninety times since it’s release in 2009, but this time it’s different. Instead of a media outlet breathlessly repeating assurances from a banking sector executive that the first blockchain based virtual currency is dead, the source of the obituary was none other than Mike Hearn, a leading Bitcoin developer.

Hearn’s post on Medium exposed some of the inner workings of the Bitcoin industry, focusing in particular on the deadlock among developers regarding how to increase the maximum number of transactions per second. Hearn deserves to be heard, given the time he has devoted to making Bitcoin work, but many of his concerns have been blown out of proportion.

The majority of the article discusses an issue that has been in hot debate since the middle of 2015, the scalability of the Bitcoin’s underlying ledger mechanism,the blockchain.  Bitcoin currently has the ability to handle between 3 and 7 transactions a second due to a mix of the current 1mb limit per entry to the blockchain, called a block, combined with the current methods of uploading the transactions. As it turns out, the number of Bitcoin transactions are growing at such a rate, that we, as an industry, needed to start thinking about scalability as early as last year.___

posted image

2016-01-20 14:29:48 (4 comments; 7 reshares; 38 +1s)Open 

China's central bank plans to launch its own digital currencies

BEIJING (Reuters) - China's central bank wants to launch its own digital currencies to cut the costs of circulating traditional paper money and boost policymakers' control of money supply, the People's Bank of China (PBOC) said on Wednesday.

A PBOC research team set up in 2014 to look into digital currencies should make preparations for launches, according to a central bank statement posted on www.pbc.gov.cn.

"The team ... should set up a clearer strategic target for launching digital currencies, overcome the key technological barriers ... and aim for an early launch of the central bank's digital currencies," the PBOC said.

China's central bank plans to launch its own digital currencies

BEIJING (Reuters) - China's central bank wants to launch its own digital currencies to cut the costs of circulating traditional paper money and boost policymakers' control of money supply, the People's Bank of China (PBOC) said on Wednesday.

A PBOC research team set up in 2014 to look into digital currencies should make preparations for launches, according to a central bank statement posted on www.pbc.gov.cn.

"The team ... should set up a clearer strategic target for launching digital currencies, overcome the key technological barriers ... and aim for an early launch of the central bank's digital currencies," the PBOC said.___

posted image

2016-01-20 03:34:25 (1 comments; 7 reshares; 18 +1s)Open 

Bitcoin Exchange Kraken Acquires Coinsetter, Launches US Trading

Bitcoin exchange Kraken has announced it has purchased Coinsetter in what amounts to one of the larger mergers of notable brands in the bitcoin ecosystem.

As a result of the undisclosed deal, Kraken’s exchange will now be available in 37 US states as well as all 10 Canadian provinces. Coinsetter had previously acquired Canadian bitcoin exchange CAVirtex in April, months after it would close citing security concerns.

The sale of New York-based Coinsetter, rumored for months, follows an influx of new and well-capitalized entrants in the US bitcoin exchange market, which has seen startups such as Coinbase, Gemini and itBit launch regulated services from New York. Long a platform for institutional traders, Coinsetter raised just over $2m since its founding in 2012, the most recent $1.26mroundcoming at... more »

Bitcoin Exchange Kraken Acquires Coinsetter, Launches US Trading

Bitcoin exchange Kraken has announced it has purchased Coinsetter in what amounts to one of the larger mergers of notable brands in the bitcoin ecosystem.

As a result of the undisclosed deal, Kraken’s exchange will now be available in 37 US states as well as all 10 Canadian provinces. Coinsetter had previously acquired Canadian bitcoin exchange CAVirtex in April, months after it would close citing security concerns.

The sale of New York-based Coinsetter, rumored for months, follows an influx of new and well-capitalized entrants in the US bitcoin exchange market, which has seen startups such as Coinbase, Gemini and itBit launch regulated services from New York. Long a platform for institutional traders, Coinsetter raised just over $2m since its founding in 2012, the most recent $1.26m roundcoming at the end of 2014.___

posted image

2016-01-18 09:33:47 (2 comments; 7 reshares; 34 +1s)Open 

Bitcoin Remittances to Mexico See Huge Potential

Companies and services using Bitcoin are poised to rise to the top of the US to Mexico remittance industry, Mexico's second largest industry. Many experts stated in an interview with CoinTelegraph that the market has huge potential to make cross-border money transfers simpler and cheaper which will save millions of dollars for Mexican people and the economy.

The remittance corridor between the USA and Mexico is currently the biggest and most competitive in the world attracting more and more remittance providers every year. Remittances sent to Mexico from the United States by emigrants totaled $20.69 billion in the first 10 months of 2015. Immigrants traditionally use transfer services like Western Union, which can cost almost 7% of the transfer amount. Utilizing Bitcoin instead can significantly cut down ontransaction costs... more »

Bitcoin Remittances to Mexico See Huge Potential

Companies and services using Bitcoin are poised to rise to the top of the US to Mexico remittance industry, Mexico's second largest industry. Many experts stated in an interview with CoinTelegraph that the market has huge potential to make cross-border money transfers simpler and cheaper which will save millions of dollars for Mexican people and the economy.

The remittance corridor between the USA and Mexico is currently the biggest and most competitive in the world attracting more and more remittance providers every year. Remittances sent to Mexico from the United States by emigrants totaled $20.69 billion in the first 10 months of 2015. Immigrants traditionally use transfer services like Western Union, which can cost almost 7% of the transfer amount. Utilizing Bitcoin instead can significantly cut down on transaction costs.___

posted image

2016-01-18 09:15:09 (0 comments; 9 reshares; 35 +1s)Open 

Using Javascript To Write Your First Bitcoin Program Ever

Conventionally, the first program a coder writes, when learning a new programming language is a Hello World program: It’s the simplest program possible in that it just prints the message Hello World! on the screen. Essentially, it denotes to a newbie that his/her initial code is working at the outset.

However, the Bitcoin programs we need to write must perform two main tasks: receive money and send money. In this article, we’ll focus solely on receiving money as we will write a program called Hello Money!.

If you've ever wanted to get started with writing a simple bitcoin program then here's a great start. 

Using Javascript To Write Your First Bitcoin Program Ever

Conventionally, the first program a coder writes, when learning a new programming language is a Hello World program: It’s the simplest program possible in that it just prints the message Hello World! on the screen. Essentially, it denotes to a newbie that his/her initial code is working at the outset.

However, the Bitcoin programs we need to write must perform two main tasks: receive money and send money. In this article, we’ll focus solely on receiving money as we will write a program called Hello Money!.

If you've ever wanted to get started with writing a simple bitcoin program then here's a great start. ___

posted image

2016-01-16 23:31:45 (0 comments; 13 reshares; 65 +1s)Open 

Australian securities market set to begin trading Bitcoin

The Australian securities exchange (ASX) is preparing to publicly trade shares of the Bitcoin Group on February 9th, under the BCG handle. Bitcoin Group currently operates 6,000 "mining" rigs spread across seven international locations (though mostly in China where the cost of electricity is most affordable). The company hopes to raise more than $20 million on the sale of 100 million, $0.20 shares during its initial public offering.

The BCG hopes that bitcoin's ability to be converted into any existing currency and immediately reused will help solidify its legitimacy as a viable monetary platform. "Every day more stores are adopting bitcoin as a preferred payment method over systems such as Visa, Mastercard, and PayPal, as merchants don't need to pay any transaction fees to receive bitcoin,"B... more »

Australian securities market set to begin trading Bitcoin

The Australian securities exchange (ASX) is preparing to publicly trade shares of the Bitcoin Group on February 9th, under the BCG handle. Bitcoin Group currently operates 6,000 "mining" rigs spread across seven international locations (though mostly in China where the cost of electricity is most affordable). The company hopes to raise more than $20 million on the sale of 100 million, $0.20 shares during its initial public offering.

The BCG hopes that bitcoin's ability to be converted into any existing currency and immediately reused will help solidify its legitimacy as a viable monetary platform. "Every day more stores are adopting bitcoin as a preferred payment method over systems such as Visa, Mastercard, and PayPal, as merchants don't need to pay any transaction fees to receive bitcoin," Bitcoin Group CEO Sam Lee told ZDnet.___

posted image

2016-01-16 23:13:06 (1 comments; 0 reshares; 2 +1s)Open 

Android Pay Rewards “Tap 10” Could Land You a Free Chromecast, Songs on Google Play Music

Google launched a new promo this morning forAndroid Pay that could land you a bunch of free stuff, including songs on Google Play Music and a Chromecast.

The promo is called “Tap 10” and involves paying for items with Android Pay, hence the “Tap” portion of the name. The idea is pretty simple – the more you tap and pay, the more free stuff you get. If you tap and pay once, you get to pick a free song from Google Play music. At your 2nd tap, you get another. Same thing at your 6th tap. If you continue to tap and pay for the next month and hit the 10 mark, Google will give you a free Chromecast. Yes, a free Chromecast dongle.

Android Pay Rewards “Tap 10” Could Land You a Free Chromecast, Songs on Google Play Music

Google launched a new promo this morning forAndroid Pay that could land you a bunch of free stuff, including songs on Google Play Music and a Chromecast.

The promo is called “Tap 10” and involves paying for items with Android Pay, hence the “Tap” portion of the name. The idea is pretty simple – the more you tap and pay, the more free stuff you get. If you tap and pay once, you get to pick a free song from Google Play music. At your 2nd tap, you get another. Same thing at your 6th tap. If you continue to tap and pay for the next month and hit the 10 mark, Google will give you a free Chromecast. Yes, a free Chromecast dongle.___

posted image

2016-01-16 23:04:42 (2 comments; 8 reshares; 48 +1s)Open 

21 Inc. Introduces Direct Sales and Private Purchases of Its Bitcoin Computer

To follow along with its goal to put “a bitcoin miner in every device and in every hand,” 21 Inc. announced on Thursday that customers could now purchase the 21 Bitcoin Computer on its website with bitcoin.

When a user adds the Bitcoin Computer to his or her cart, they can opt to select “Make Shipping Private,” which gives the user the ability to have the package delivered to a post office box rather than their home address. This ends the need for the user to give his name, though the company admits its need to collect an email address. Further, by paying with bitcoin, the user can keep the transaction nearly private.

21 Inc. Introduces Direct Sales and Private Purchases of Its Bitcoin Computer

To follow along with its goal to put “a bitcoin miner in every device and in every hand,” 21 Inc. announced on Thursday that customers could now purchase the 21 Bitcoin Computer on its website with bitcoin.

When a user adds the Bitcoin Computer to his or her cart, they can opt to select “Make Shipping Private,” which gives the user the ability to have the package delivered to a post office box rather than their home address. This ends the need for the user to give his name, though the company admits its need to collect an email address. Further, by paying with bitcoin, the user can keep the transaction nearly private.___

posted image

2016-01-15 15:07:10 (15 comments; 8 reshares; 61 +1s)Open 

Has the 'Bitcoin experiment' failed?

A prominent voice in the Bitcoin community has announced that he is abandoning the cryptocurrency that he helped to popularize. Mike Hearn has revealed that deep divisions within the platform's "leadership" and a looming technical apocalypse threatens the system's entire existence. The creator of bitcoinJ has explained his position in a lengthy Medium post, saying that he has sold his coins and is washing his hands of Bitcoin. As far as he is concerned, the "Bitcoin experiment" has "failed."

There are several reasons behind his departure, but the most notable is that senior figures in the community are ignoring a key flaw in the software. In Hearn's mind, "the block chain [sic] is full," after an upper limit of 1MB per block was imposed on the system to keep traffic flowing smoothly.... more »

Has the 'Bitcoin experiment' failed?

A prominent voice in the Bitcoin community has announced that he is abandoning the cryptocurrency that he helped to popularize. Mike Hearn has revealed that deep divisions within the platform's "leadership" and a looming technical apocalypse threatens the system's entire existence. The creator of bitcoinJ has explained his position in a lengthy Medium post, saying that he has sold his coins and is washing his hands of Bitcoin. As far as he is concerned, the "Bitcoin experiment" has "failed."

There are several reasons behind his departure, but the most notable is that senior figures in the community are ignoring a key flaw in the software. In Hearn's mind, "the block chain [sic] is full," after an upper limit of 1MB per block was imposed on the system to keep traffic flowing smoothly. Unfortunately, this "temporary kludge," which was added years ago, by Satoshi Nakamoto, has not been removed, thanks to resistance from a group of vested interests. Hearn points a finger to a handful of miners who stand to lose substantial amounts of money if the issue was fixed properly.

I hate to see such a smart guy get it wrong but I'll gladly take on some extra coins while he flounders them away.___

posted image

2016-01-15 06:34:23 (0 comments; 3 reshares; 14 +1s)Open 

Silk Road Operator Ross Ulbricht Seeks New Trial in Appeal

Nearly eight months after being sentenced to life in prison for his role in the operation of the now-defunct online black market Silk Road, Ross Ulbricht is seeking a new trial.

In a new filing submitted to the US Court of Appeals for the Second Circuit, Ulbricht's defense – which declared its intent to appeal in June – argued that the court hid key evidence, particularly the actions of federal agents Carl Mark Force IV and Shaun Bridges amid the US government's investigation of the Silk Road.

The defense also questioned the legality of some of the searches and seizures conducted during the federal investigation, and said that Ulbricht's rights to due process and a fair trial had been denied.

Silk Road Operator Ross Ulbricht Seeks New Trial in Appeal

Nearly eight months after being sentenced to life in prison for his role in the operation of the now-defunct online black market Silk Road, Ross Ulbricht is seeking a new trial.

In a new filing submitted to the US Court of Appeals for the Second Circuit, Ulbricht's defense – which declared its intent to appeal in June – argued that the court hid key evidence, particularly the actions of federal agents Carl Mark Force IV and Shaun Bridges amid the US government's investigation of the Silk Road.

The defense also questioned the legality of some of the searches and seizures conducted during the federal investigation, and said that Ulbricht's rights to due process and a fair trial had been denied.___

posted image

2016-01-14 19:48:05 (3 comments; 8 reshares; 43 +1s)Open 

PayPal Adds Bitcoin Entrepreneur To Its Board To Focus On The Future Of Money

PayPal has made a notable move to position itself for the future of money and currency after it addedseasoned fintech figure and bitcoin entrepreneur Wences Casares to its board.

Argentina-born Casares has packed a lot into his 41 years. He’s currently CEO and founder of Xapo, a bitcoin payments startup that has raised $40 million to date, but his past ventures include digital wallet company Lemon (acquired by LifeLock for $42.6 million in 2014), Argentina’s first ISP, an online brokerage (Patagon which was bought by Spanish bank Banco Santander for $750 million) and New York-based Wanako Games.

No doubt a financial technology visionary, Casares has become best known for pioneering bitcoin in recent times and that’s exactly why PayPal has added him to its board, increasingthe total number... more »

PayPal Adds Bitcoin Entrepreneur To Its Board To Focus On The Future Of Money

PayPal has made a notable move to position itself for the future of money and currency after it addedseasoned fintech figure and bitcoin entrepreneur Wences Casares to its board.

Argentina-born Casares has packed a lot into his 41 years. He’s currently CEO and founder of Xapo, a bitcoin payments startup that has raised $40 million to date, but his past ventures include digital wallet company Lemon (acquired by LifeLock for $42.6 million in 2014), Argentina’s first ISP, an online brokerage (Patagon which was bought by Spanish bank Banco Santander for $750 million) and New York-based Wanako Games.

No doubt a financial technology visionary, Casares has become best known for pioneering bitcoin in recent times and that’s exactly why PayPal has added him to its board, increasing the total number of seats to nine.___

posted image

2016-01-13 04:44:39 (0 comments; 2 reshares; 12 +1s)Open 

Concerns Mount Amid Issues at Digital Currency Exchange Cryptsy

The controversy surrounding the digital currency exchange Cryptsy has shown little sign of abating amid problems with customer withdrawals, allegations of fraud and mismanagement, user frustration and a lack of clarity from the exchange.

Founded in 2013, Cryptsy is a digital currency exchange that lists bitcoin and a variety of alternative cryptocurrencies, or altcoins, and for months, customers of the exchange have voiced concerns about delayed withdrawal requests. Some customers claim that their funds have been unavailable for weeks or more at a time.

Many of these complaints have filtered throughout social media, sparkingspeculation that the exchange is set to follow in the footsteps of Mt Gox, the Japanese bitcoin exchange that shut its doors and later declared bankruptcy after potentiallylosing ... more »

Concerns Mount Amid Issues at Digital Currency Exchange Cryptsy

The controversy surrounding the digital currency exchange Cryptsy has shown little sign of abating amid problems with customer withdrawals, allegations of fraud and mismanagement, user frustration and a lack of clarity from the exchange.

Founded in 2013, Cryptsy is a digital currency exchange that lists bitcoin and a variety of alternative cryptocurrencies, or altcoins, and for months, customers of the exchange have voiced concerns about delayed withdrawal requests. Some customers claim that their funds have been unavailable for weeks or more at a time.

Many of these complaints have filtered throughout social media, sparkingspeculation that the exchange is set to follow in the footsteps of Mt Gox, the Japanese bitcoin exchange that shut its doors and later declared bankruptcy after potentially losing hundreds of millions of dollars in customer funds.___

posted image

2016-01-13 01:54:41 (0 comments; 5 reshares; 20 +1s)Open 

Blockchains Poised To Be The Hot Tech For Moving Money In 2016

Although interest in bitcoin may have subsided, but interest in the underlying registration process — distributed ledgers or blockchains — has attracted the interest of global banks and exchanges, most notably Nasdaq.

Distributed ledger technology, or blockchains, will have their greatest impact on cross-border payments, said Chris Larsen, CEO of Ripple, which aims to create an Internet of Value (IoV) to exchange value over the internet as easily as people exchange information. Larsen believes it will replace correspondent banking, a holdover from the 1970s, “which is why it takes days to move value between the U.S. and Europe.”

Blockchains Poised To Be The Hot Tech For Moving Money In 2016

Although interest in bitcoin may have subsided, but interest in the underlying registration process — distributed ledgers or blockchains — has attracted the interest of global banks and exchanges, most notably Nasdaq.

Distributed ledger technology, or blockchains, will have their greatest impact on cross-border payments, said Chris Larsen, CEO of Ripple, which aims to create an Internet of Value (IoV) to exchange value over the internet as easily as people exchange information. Larsen believes it will replace correspondent banking, a holdover from the 1970s, “which is why it takes days to move value between the U.S. and Europe.”___

posted image

2016-01-11 20:24:02 (3 comments; 10 reshares; 42 +1s)Open 

Netflix Exec Suggests Streaming Video Giant Open to Bitcoin

Netflix CFO David Wells touched on the subject of bitcoin during a question-and-answer session at an investor event earlier this month.

Speaking at the 2016 Internet, Media and Telecommunications Conference, held on 6th and 7th January, Wells was asked about lessons Netflix learned amid problems launching payment services in Latin America.

Wells remarked that the company is still adjusting to those lessons today, as well as experiences from integrations in Europe. He said that the world of payments is in a state of evolution, and that bitcoin could be a solution to some of the issues it has faced.

Netflix Exec Suggests Streaming Video Giant Open to Bitcoin

Netflix CFO David Wells touched on the subject of bitcoin during a question-and-answer session at an investor event earlier this month.

Speaking at the 2016 Internet, Media and Telecommunications Conference, held on 6th and 7th January, Wells was asked about lessons Netflix learned amid problems launching payment services in Latin America.

Wells remarked that the company is still adjusting to those lessons today, as well as experiences from integrations in Europe. He said that the world of payments is in a state of evolution, and that bitcoin could be a solution to some of the issues it has faced.___

posted image

2015-12-29 02:50:08 (18 comments; 16 reshares; 86 +1s)Open 

Bitcoin's back: Big year for controversial digital currency

Bitcoin is up over 40 percent this year. The U.S. Dollar Index: a gain of 9 percent

The U.S. dollar has had a nice run. It's been the talk of global currency trading all year long.

And why not? After years of a weak greenback due to dovish Federal Reserve policy, the Dollar Index has extended big 2014 gains, up near-9 percent against a basket of major world currencies this year. Some individual currency trades, like USD/Brazil Real, have netted currency investors huge returns.

But to find what's arguably been the best global currency in 2015, an investor might need to put quote marks around the term "global currency."

It would have been easy to dismiss bitcoin after a surge that had taken the digital currency's price over $1,000 on some exchanges crashed in late... more »

Bitcoin's back: Big year for controversial digital currency

Bitcoin is up over 40 percent this year. The U.S. Dollar Index: a gain of 9 percent

The U.S. dollar has had a nice run. It's been the talk of global currency trading all year long.

And why not? After years of a weak greenback due to dovish Federal Reserve policy, the Dollar Index has extended big 2014 gains, up near-9 percent against a basket of major world currencies this year. Some individual currency trades, like USD/Brazil Real, have netted currency investors huge returns.

But to find what's arguably been the best global currency in 2015, an investor might need to put quote marks around the term "global currency."

It would have been easy to dismiss bitcoin after a surge that had taken the digital currency's price over $1,000 on some exchanges crashed in late 2013, but it's back, up more than 40 percent this year to a value of $428. And bitcoin backers say despite all of the detractors and the 2013-14 doldrums, the controversial digital currency will continue up, as the number of bitcoin users and transaction volumes around the globe surge.___

posted image

2015-12-26 04:01:13 (2 comments; 2 reshares; 38 +1s)Open 

Segregated Witness, Part 2: Why You Should Care About a Nitty-Gritty Technical Trick

If one proposal excited attendees at the recent Scaling Bitcoin workshop in Hong Kong, Bitcoin Core and Blockstream developer Dr. Pieter Wuille's Segregated Witness was it. Praised by many within the technical community, Segregated Witness is expected to improve Bitcoin's performance in a number of ways, while some even hope it might be the scaling solution that helps bring some peace back to the Bitcoin community.

The first part of our three-part Segregated Witness series covered how it works. In this second part: What it does.

Segregated Witness, Part 2: Why You Should Care About a Nitty-Gritty Technical Trick

If one proposal excited attendees at the recent Scaling Bitcoin workshop in Hong Kong, Bitcoin Core and Blockstream developer Dr. Pieter Wuille's Segregated Witness was it. Praised by many within the technical community, Segregated Witness is expected to improve Bitcoin's performance in a number of ways, while some even hope it might be the scaling solution that helps bring some peace back to the Bitcoin community.

The first part of our three-part Segregated Witness series covered how it works. In this second part: What it does.___

posted image

2015-12-24 14:37:06 (5 comments; 8 reshares; 61 +1s)Open 

The Bill about Bitcoin Legalization in Ukraine Coming In January 2016

Verkhovna Rada of Ukraine will review the bill defining the legal status of Bitcoin. Allegedly, it will be submitted in January, 2016. Michael Chobanian, the founder of Bitcoin Foundation Ukraine told CoinTelegraph about his attempts to develop the text of the bill together with a team of lawyers. If it passes, the bill will help to establish the legal status of Bitcoin in the country. Therefore, Ukrainians will get the opportunity to make Bitcoin payments and transactions freely.

Bitcoin foundation Ukraine works hard to promote Bitcoin in the country, raising people’sawareness of the currency and attempting to clarify its legal status. Their latest achievement was in making Privatbank accept Bitcoins. The biggest Ukrainian commercial bank now allows companies and merchants tomake payments i... more »

The Bill about Bitcoin Legalization in Ukraine Coming In January 2016

Verkhovna Rada of Ukraine will review the bill defining the legal status of Bitcoin. Allegedly, it will be submitted in January, 2016. Michael Chobanian, the founder of Bitcoin Foundation Ukraine told CoinTelegraph about his attempts to develop the text of the bill together with a team of lawyers. If it passes, the bill will help to establish the legal status of Bitcoin in the country. Therefore, Ukrainians will get the opportunity to make Bitcoin payments and transactions freely.

Bitcoin foundation Ukraine works hard to promote Bitcoin in the country, raising people’sawareness of the currency and attempting to clarify its legal status. Their latest achievement was in making Privatbank accept Bitcoins. The biggest Ukrainian commercial bank now allows companies and merchants to make payments in Bitcoin.  

The founder of Bitcoin Foundation Ukraine, Michael Chobanian stated to CoinTelegraph that “Privatbank had offered them some variants of Bitcoin legalization”. The testing of the system is finished and it is available for merchants that want to accept Bitcoin payments.___

posted image

2015-12-24 06:39:58 (7 comments; 6 reshares; 66 +1s)Open 

Record highs predicted for bitcoin in 2016 as new supply halves

2016 could prove to be the year that the price of bitcoin surges again. Not because of any dark-web drug-dealing or Russian ponzi scheme, but for an altogether less sensational reason - slower growth in the money supply.

Bitcoin is a web-based "cryptocurrency" used to move money around quickly and anonymously with no need for a central authority. But despite being championed by some as the digital money of the future, it is often dismissed as a currency that is too volatile to invest in.

The reason 2016 looks set to be different is that bitcoin's price is likely to be driven in large part by similar factors to a traditional fiat currency, following the age-old principles of supply and demand.

Record highs predicted for bitcoin in 2016 as new supply halves

2016 could prove to be the year that the price of bitcoin surges again. Not because of any dark-web drug-dealing or Russian ponzi scheme, but for an altogether less sensational reason - slower growth in the money supply.

Bitcoin is a web-based "cryptocurrency" used to move money around quickly and anonymously with no need for a central authority. But despite being championed by some as the digital money of the future, it is often dismissed as a currency that is too volatile to invest in.

The reason 2016 looks set to be different is that bitcoin's price is likely to be driven in large part by similar factors to a traditional fiat currency, following the age-old principles of supply and demand.___

posted image

2015-12-24 06:07:42 (0 comments; 3 reshares; 28 +1s)Open 

CoinDesk's Most Influential People in Bitcoin and Blockchain 2015

As we look back over yet another fascinating year for bitcoin, it's natural to assess the individuals that helped influence the industry.

This year, of course, it's not just about bitcoin anymore: the technology underlying bitcoin,the blockchain, has taken own a life of its own, with institutional interest in blockchains almost reaching a frenzy. In a development that would have seemed almost impossible a year ago, banks and major financial institutions are starting up blockchain projects to probe the possibilities of the technology.

The industry needs influencers to point the way on technical or regulatory issues, to build awareness, to dream up revolutionary new solutions to serious global problems and to build elegant new enterprises to take this exciting emerging tech to themasses.
more »

CoinDesk's Most Influential People in Bitcoin and Blockchain 2015

As we look back over yet another fascinating year for bitcoin, it's natural to assess the individuals that helped influence the industry.

This year, of course, it's not just about bitcoin anymore: the technology underlying bitcoin,the blockchain, has taken own a life of its own, with institutional interest in blockchains almost reaching a frenzy. In a development that would have seemed almost impossible a year ago, banks and major financial institutions are starting up blockchain projects to probe the possibilities of the technology.

The industry needs influencers to point the way on technical or regulatory issues, to build awareness, to dream up revolutionary new solutions to serious global problems and to build elegant new enterprises to take this exciting emerging tech to the masses.

We had our own ideas as to who those people were in 2015 and we also asked you, the public, to give us your opinions in our reader poll.

For this year's top 10 list, we took into account the year's biggest events, the nominees' individual contributions to the community and the results of our poll.

So, who reached the top 10 this year? Read on to find out...___

posted image

2015-12-23 13:51:10 (4 comments; 4 reshares; 39 +1s)Open 

Expect Bitcoin Price to Reach US$1,200 or More Next Year, Experts Say

Forecasting the price of any asset is a tricky thing. Estimating the price of wildly fluctuating Bitcoin, which is much more than just some financial instrument, is nearing almost magic. One day it can shoot up by 10% just to see it fall 5% following day. Is this volatility a reason for disinterest in the future price direction and levels?

cointelegraph.com doesn't think so and have asked experts for their opinion with two questions:

Where do you think the price of Bitcoin (BTC:USD) will be as of 12/31/2016? What could be the biggest drivers for the Bitcoin market next year?

Some experts didn't want to comment at all; the most courageous ones put their heads under the guillotine and provided exact price levels. We will see in one year who is in the money or out. Let's notfo... more »

Expect Bitcoin Price to Reach US$1,200 or More Next Year, Experts Say

Forecasting the price of any asset is a tricky thing. Estimating the price of wildly fluctuating Bitcoin, which is much more than just some financial instrument, is nearing almost magic. One day it can shoot up by 10% just to see it fall 5% following day. Is this volatility a reason for disinterest in the future price direction and levels?

cointelegraph.com doesn't think so and have asked experts for their opinion with two questions:

Where do you think the price of Bitcoin (BTC:USD) will be as of 12/31/2016? What could be the biggest drivers for the Bitcoin market next year?

Some experts didn't want to comment at all; the most courageous ones put their heads under the guillotine and provided exact price levels. We will see in one year who is in the money or out. Let's not forget, it's just a speculation game, you are strongly advised not to make your investment or trading decisions based solely on these statements. You know the saying “talk is cheap”...

Read more at the link for quotes from Eric Voorhees, Bobby Lee, Andreas Antonopoulos and more!___

posted image

2015-12-23 05:25:10 (1 comments; 3 reshares; 24 +1s)Open 

The First Kyrgyzian Company to Pay Salaries Not In Som, But In Bitcoin

News agency Sputnik, operating in Kyrgyzstan, announced that as an experiment it would pay salaries to their employees in Bitcoins. This is interesting, because cryptocurrencies are still prohibited by Central Bank of the country.

Despite the fact that Kyrgyzstan, like Russia, has a negative attitude to Bitcoins, the first Bitcoinatm in Central Asia is installed in the capital of Kyrgyzstan, Bishkek, in pizzeria Dolce Vita.

The First Kyrgyzian Company to Pay Salaries Not In Som, But In Bitcoin

News agency Sputnik, operating in Kyrgyzstan, announced that as an experiment it would pay salaries to their employees in Bitcoins. This is interesting, because cryptocurrencies are still prohibited by Central Bank of the country.

Despite the fact that Kyrgyzstan, like Russia, has a negative attitude to Bitcoins, the first Bitcoinatm in Central Asia is installed in the capital of Kyrgyzstan, Bishkek, in pizzeria Dolce Vita.___

posted image

2015-12-23 04:36:23 (1 comments; 3 reshares; 16 +1s)Open 

In the Christmas mood? Enjoy John Barrett's new holiday themed song, Let It Grow!

In the Christmas mood? Enjoy John Barrett's new holiday themed song, Let It Grow!___

posted image

2015-12-23 04:23:30 (6 comments; 3 reshares; 39 +1s)Open 

Is Bitcoin Headed for a Break in Fungibility

Fungibility is often held as a crucial characteristic of sound money. But what happens when money has a public record of every transaction, and morally questionable trades can be identified? Is bitcoin headed for a break in fungibility?

The debate about whether Bitcoin is fit to be a currency rather than a payment layer between currencies is as alive as it has ever been. Many of these tensions about what Bitcoin is or should be have been aired and discussed during the blocksize debate and are ongoing.

One essential element of a money which has not particularly been illustrated is how bitcoin might be affected by a significant gap in its “fungibility.” 

Is Bitcoin Headed for a Break in Fungibility

Fungibility is often held as a crucial characteristic of sound money. But what happens when money has a public record of every transaction, and morally questionable trades can be identified? Is bitcoin headed for a break in fungibility?

The debate about whether Bitcoin is fit to be a currency rather than a payment layer between currencies is as alive as it has ever been. Many of these tensions about what Bitcoin is or should be have been aired and discussed during the blocksize debate and are ongoing.

One essential element of a money which has not particularly been illustrated is how bitcoin might be affected by a significant gap in its “fungibility.” ___

posted image

2015-12-21 06:24:12 (1 comments; 2 reshares; 8 +1s)Open 

Federal Ban Lifted On Medical Marijuana, Provision Lifting The Ban Quietly Placed In The Recent Spending Bill

Medical marijuana is no longer banned at the federal level. The near 2,000-page federal spending bill that was passed the other day included a provision that lifts the medical marijuana ban. The war on medical marijuana is now nearly over.

Congress may have slipped CISA into the omnibus spending bill but at least you can get high legally (for medical reasons) while Silicon Valley is forced to share everything you're up to.

Federal Ban Lifted On Medical Marijuana, Provision Lifting The Ban Quietly Placed In The Recent Spending Bill

Medical marijuana is no longer banned at the federal level. The near 2,000-page federal spending bill that was passed the other day included a provision that lifts the medical marijuana ban. The war on medical marijuana is now nearly over.

Congress may have slipped CISA into the omnibus spending bill but at least you can get high legally (for medical reasons) while Silicon Valley is forced to share everything you're up to.___

posted image

2015-12-21 06:07:49 (4 comments; 7 reshares; 29 +1s)Open 

Why Bitcoin May Solve This Age-Old Economic Paradox

Although the United States Federal Reserve Note carries with it many advantages for conducting commerce and serving as a world reserve currency, its makeup is not void of imperfections.

One of the main shortcomings of the US dollar is the Triffin dilemma, a problem which arises when countries must manage both short term domestic and long term international economic objectives.

Such a dilemma can lead to trade deficits when a country must also satisfy international demand of its currency.

Where the dollar falls victim to the Triffin dilemma, however, the stateless characteristics of bitcoin may hold promise to solve this international monetary flaw, and provide the backbone for a more interdependent global economy.

Why Bitcoin May Solve This Age-Old Economic Paradox

Although the United States Federal Reserve Note carries with it many advantages for conducting commerce and serving as a world reserve currency, its makeup is not void of imperfections.

One of the main shortcomings of the US dollar is the Triffin dilemma, a problem which arises when countries must manage both short term domestic and long term international economic objectives.

Such a dilemma can lead to trade deficits when a country must also satisfy international demand of its currency.

Where the dollar falls victim to the Triffin dilemma, however, the stateless characteristics of bitcoin may hold promise to solve this international monetary flaw, and provide the backbone for a more interdependent global economy.___

posted image

2015-12-21 05:50:19 (1 comments; 0 reshares; 4 +1s)Open 

Wow.

Wow.___

posted image

2015-12-21 03:23:09 (0 comments; 0 reshares; 3 +1s)Open 

Paul slams Congress over trillion-dollar spending bill he claims no one read

A fired-up Sen. Rand Paul said Sunday he voted against the massive $1.1 trillion spending bill because not only was it rushed through Congress -- but no one had a chance to read it.

“It was over a trillion dollars, it was all lumped together, 2,242 pages, nobody read it, so frankly my biggest complaint is that I have no idea what kind of things they stuck in that bill in the middle of the night,” Paul, R-Ky., said on “The Cats Roundtable,” a New York-based radio talk show.

“I voted against it because I won’t vote for these enormous bills that no one has a chance to read,” the GOP White House hopeful said.

It absolutely amazes me than Rand is one of the only good guys left yet he is struggling for 5% in polls. To me it is 100% clear that we need someone with theresolution of... more »

Paul slams Congress over trillion-dollar spending bill he claims no one read

A fired-up Sen. Rand Paul said Sunday he voted against the massive $1.1 trillion spending bill because not only was it rushed through Congress -- but no one had a chance to read it.

“It was over a trillion dollars, it was all lumped together, 2,242 pages, nobody read it, so frankly my biggest complaint is that I have no idea what kind of things they stuck in that bill in the middle of the night,” Paul, R-Ky., said on “The Cats Roundtable,” a New York-based radio talk show.

“I voted against it because I won’t vote for these enormous bills that no one has a chance to read,” the GOP White House hopeful said.

It absolutely amazes me than Rand is one of the only good guys left yet he is struggling for 5% in polls. To me it is 100% clear that we need someone with the resolution of Paul to lead our country away from the tyranny we appear to be running towards.___

posted image

2015-12-21 03:10:49 (1 comments; 4 reshares; 27 +1s)Open 

ZeroCoin Protocol Release Could Soon Grant Bitcoin Anonymity

ZeroCoin, a BlockChain protocol that grants total and absolute  transaction anonymity, has finally been brought from concept to implementation. The protocol will allow developers to create coins that, linked to the Bitcoinnetwork, will grant transactions anonymization.

As most bitcoinists already know, the BitcoinCT r:  9protocol does not grant anonymity, but only pseudonymity. This means that, while for the everyday use concealing a Bitcoin ID is enough, people with enough time and motivation can track down the owner of a certain address with a decent precision.

There’s no doubt that Bitcoin is less traceable than a bank account, but, opposite to what governments want to let us think, there’s also no doubt that Bitcoin is actually MORE traceable than cash. If terrorists want to beuntraceable, t... more »

ZeroCoin Protocol Release Could Soon Grant Bitcoin Anonymity

ZeroCoin, a BlockChain protocol that grants total and absolute  transaction anonymity, has finally been brought from concept to implementation. The protocol will allow developers to create coins that, linked to the Bitcoinnetwork, will grant transactions anonymization.

As most bitcoinists already know, the BitcoinCT r:  9protocol does not grant anonymity, but only pseudonymity. This means that, while for the everyday use concealing a Bitcoin ID is enough, people with enough time and motivation can track down the owner of a certain address with a decent precision.

There’s no doubt that Bitcoin is less traceable than a bank account, but, opposite to what governments want to let us think, there’s also no doubt that Bitcoin is actually MORE traceable than cash. If terrorists want to be untraceable, they better stick to banknotes for buying their weapons: nobody will ever track down those pieces of paper.___

posted image

2015-12-16 23:04:54 (2 comments; 5 reshares; 38 +1s)Open 

CoinSource Brings New Bitcoin ATMs to California and Texas

CoinSource, a Bitcoin atm network in US, has just announced the instalment of two bitcoin ATMs in two of America’s most highly populated states: California and Texas. The Bitcoin ATMs installed today are one-way GenesisCoin BTMs where customers can instantly purchase bitcoin in a convenient way. Both BTMs found their new homes today, December 16, 2015.

CoinSource Brings New Bitcoin ATMs to California and Texas

CoinSource, a Bitcoin atm network in US, has just announced the instalment of two bitcoin ATMs in two of America’s most highly populated states: California and Texas. The Bitcoin ATMs installed today are one-way GenesisCoin BTMs where customers can instantly purchase bitcoin in a convenient way. Both BTMs found their new homes today, December 16, 2015.___

posted image

2015-12-16 22:51:35 (1 comments; 2 reshares; 18 +1s)Open 

Two Board Members Exit as Bitcoin Foundation Seeks Funding

Bitcoin Foundation board members Jim Harper and Olivier Janssens have resigned and been removed from the trade organization, respectively, following a disagreement over the future of the advocacy group.

At an 11am EST meeting today, long-standing disagreements among Bitcoin Foundation board members came to a head over a vote on whether the organization should be disbanded. Both Harper and Janssens voted to shut down the foundation.

It sounds like the Bitcoin Foundation continues to have drama that does nothing to help promote bitcoin. From the sound of it they won't be around for long which could possibly be a good thing for bitcoin overall.

Two Board Members Exit as Bitcoin Foundation Seeks Funding

Bitcoin Foundation board members Jim Harper and Olivier Janssens have resigned and been removed from the trade organization, respectively, following a disagreement over the future of the advocacy group.

At an 11am EST meeting today, long-standing disagreements among Bitcoin Foundation board members came to a head over a vote on whether the organization should be disbanded. Both Harper and Janssens voted to shut down the foundation.

It sounds like the Bitcoin Foundation continues to have drama that does nothing to help promote bitcoin. From the sound of it they won't be around for long which could possibly be a good thing for bitcoin overall.___

posted image

2015-12-16 22:27:03 (0 comments; 2 reshares; 9 +1s)Open 

McKinsey Report Predicts Four Stages of Blockchain Adoption

The wider adoption of blockchain technology by financial incumbents is likely to take place over four stages according to a new report by business management consultant firm McKinsey & Company.

Entitled "Beyond the Hype: Blockchains in Capital Markets", the report states that blockchain technology will "dramatically reshape the capital markets industry", impacting business models, cost savings and capital requirements in the sector.

McKinsey contends the adoption of blockchain technology will have significant near-term benefits, bringing faster clearing and settlement to the capital markets, while reducing the number of ledgers needed to be maintained by financial institutions and ensuring audit trails are more precise.

However, McKinsey's chief finding is that thef... more »

McKinsey Report Predicts Four Stages of Blockchain Adoption

The wider adoption of blockchain technology by financial incumbents is likely to take place over four stages according to a new report by business management consultant firm McKinsey & Company.

Entitled "Beyond the Hype: Blockchains in Capital Markets", the report states that blockchain technology will "dramatically reshape the capital markets industry", impacting business models, cost savings and capital requirements in the sector.

McKinsey contends the adoption of blockchain technology will have significant near-term benefits, bringing faster clearing and settlement to the capital markets, while reducing the number of ledgers needed to be maintained by financial institutions and ensuring audit trails are more precise.

However, McKinsey's chief finding is that the financial industry needs to move in unison to unlock the benefits of the blockchain, a conclusion that supports recent efforts by major banks to back efforts like distributed ledger consortium R3.___

posted image

2015-12-16 18:25:35 (0 comments; 3 reshares; 11 +1s)Open 

Microsoft Adds New Blockchain Services to Software Sandbox

Microsoft's Azure cloud computing platform is set to integrate several new industry services when it formally launches its blockchain-as-a-service marketplace option next year.

Eris Industries, Factom and CoinPrism have partnered with Microsoft, according to a 15th December blog post. The platform had previously announced support for Ethereum and has been looking into integrating Ripple's Interledger protocol.

The move comes amid increasing demand from incumbent financial institutions for products and services that allow them to explore the growing number of blockchain offerings and services.

Microsoft Adds New Blockchain Services to Software Sandbox

Microsoft's Azure cloud computing platform is set to integrate several new industry services when it formally launches its blockchain-as-a-service marketplace option next year.

Eris Industries, Factom and CoinPrism have partnered with Microsoft, according to a 15th December blog post. The platform had previously announced support for Ethereum and has been looking into integrating Ripple's Interledger protocol.

The move comes amid increasing demand from incumbent financial institutions for products and services that allow them to explore the growing number of blockchain offerings and services.___

posted image

2015-12-16 17:19:26 (6 comments; 3 reshares; 17 +1s)Open 

Department of Homeland Security Calls for Blockchain Research

The US Department of Homeland Security (DHS) is seeking to better understand blockchain technology through the Science and Technology Directorate (S&T) of its Small Business Innovation Research (SBIR) program.

The US cabinet department is now acceptingresearch proposals from small businesses in 13 topic areas, including the "Applicability of Blockchain Technology to Privacy Respecting Identity Management" and "Blockchain Applications for Homeland Security Analytics".

Described as a three-phase program that aims to encourage US small businesses to put efforts toward federal research, the SBIR first seeks to assess the "technical merit and feasibility" of the submitted proposals.

Department of Homeland Security Calls for Blockchain Research

The US Department of Homeland Security (DHS) is seeking to better understand blockchain technology through the Science and Technology Directorate (S&T) of its Small Business Innovation Research (SBIR) program.

The US cabinet department is now acceptingresearch proposals from small businesses in 13 topic areas, including the "Applicability of Blockchain Technology to Privacy Respecting Identity Management" and "Blockchain Applications for Homeland Security Analytics".

Described as a three-phase program that aims to encourage US small businesses to put efforts toward federal research, the SBIR first seeks to assess the "technical merit and feasibility" of the submitted proposals.___

posted image

2015-12-16 06:33:18 (1 comments; 6 reshares; 16 +1s)Open 

Charlie Lee explains his opinion on the block size debate

With a brilliant analogy of bitcoin to the mythical land of Satoshi Circle, Charlie explains how bitcoin users have been spoiled by cheap transaction fees and how larger blocks are not the sole answer to bitcoin's scaling problems.

Charlie Lee explains his opinion on the block size debate

With a brilliant analogy of bitcoin to the mythical land of Satoshi Circle, Charlie explains how bitcoin users have been spoiled by cheap transaction fees and how larger blocks are not the sole answer to bitcoin's scaling problems.___

posted image

2015-12-15 03:27:56 (0 comments; 6 reshares; 28 +1s)Open 

Bitcoin Hits Highest Levels Since Late 2014

After a mostly boring 2015, bitcoin is making waves as the year ends by reaching new price heights.

Bitcoin is north of the $400 mark, once again, for the second time since 2014. This time, it has surpassed a prior boomlet, reaching price points not seen since late summer last year.

You can mock the doldrums, but the current price of bitcoin must be edifying to its faithful. Here we have bitcoin doing what most people expected it to do last year.

Bitcoin Hits Highest Levels Since Late 2014

After a mostly boring 2015, bitcoin is making waves as the year ends by reaching new price heights.

Bitcoin is north of the $400 mark, once again, for the second time since 2014. This time, it has surpassed a prior boomlet, reaching price points not seen since late summer last year.

You can mock the doldrums, but the current price of bitcoin must be edifying to its faithful. Here we have bitcoin doing what most people expected it to do last year.___

posted image

2015-12-15 03:06:49 (0 comments; 2 reshares; 10 +1s)Open 

AirBitz Partners with Fold, Allows Users to Buy Gift Cards inside Wallet

Airbitz, a mobile wallet that includes a location-based directory of companies that accept bitcoin, has officially announced a partnership with Fold, which will allow users to purchase Starbucks and Target gift cards at a discount directly inside the wallet.

Fold, which was launched in 2013, allowed users to purchase Starbucks cards at a 20 percent discount using bitcoin. While only Starbucks and Target are currently supported, Fold is looking to integrate Whole Foods, CVS, and Home Depot, according to a recent interview with Fold Founder Matt Luongo.

AirBitz Partners with Fold, Allows Users to Buy Gift Cards inside Wallet

Airbitz, a mobile wallet that includes a location-based directory of companies that accept bitcoin, has officially announced a partnership with Fold, which will allow users to purchase Starbucks and Target gift cards at a discount directly inside the wallet.

Fold, which was launched in 2013, allowed users to purchase Starbucks cards at a 20 percent discount using bitcoin. While only Starbucks and Target are currently supported, Fold is looking to integrate Whole Foods, CVS, and Home Depot, according to a recent interview with Fold Founder Matt Luongo.___

posted image

2015-12-15 02:59:07 (0 comments; 2 reshares; 7 +1s)Open 

NBER Report: Blockchain Could Shift Balance of Corporate Power

The blockchain could dramatically change corporate governance by reducing legal insider trading and making shareholder voting more reliable, according to a new report published by the National Bureau of Economic Research (NBER).

Authored by New York University (NYU) professor David Yermack, the second working paper by the US non-profitexplores how the widespread adoption of distributed ledgers could impact investors, shareholders, auditors and other participants in corporate governance.

Citing recent proofs-of-concept at major stock exchanges, the NBER paper explores a future where blockchains are used to record equities in corporations, providing real-time insight into corporate share transfers.

The report goes on to label the blockchain as potential enabler of the most important changesto cor... more »

NBER Report: Blockchain Could Shift Balance of Corporate Power

The blockchain could dramatically change corporate governance by reducing legal insider trading and making shareholder voting more reliable, according to a new report published by the National Bureau of Economic Research (NBER).

Authored by New York University (NYU) professor David Yermack, the second working paper by the US non-profitexplores how the widespread adoption of distributed ledgers could impact investors, shareholders, auditors and other participants in corporate governance.

Citing recent proofs-of-concept at major stock exchanges, the NBER paper explores a future where blockchains are used to record equities in corporations, providing real-time insight into corporate share transfers.

The report goes on to label the blockchain as potential enabler of the most important changes to corporate governance "since the 1933 and 1934 securities acts in the US"___

posted image

2015-12-14 13:14:13 (0 comments; 3 reshares; 35 +1s)Open 

Disruptek.info: Prime Minister of Pontinha Discusses Naming Bitcoin as Official Currency

I interview Joby Weeks, prime minister of Pontinha, the smallest country in the world, located off the shore of Madeira, Portugal. Weeks announced earlier this week that the country has officially recognized Bitcoin as its national currency.

Pontinha, soon to be renamed Atlantis, hosts an old Templar Fort, home to Prince D. Renato Barros, and is a free-to-explore tourist destination.

Disruptek.info: Prime Minister of Pontinha Discusses Naming Bitcoin as Official Currency

I interview Joby Weeks, prime minister of Pontinha, the smallest country in the world, located off the shore of Madeira, Portugal. Weeks announced earlier this week that the country has officially recognized Bitcoin as its national currency.

Pontinha, soon to be renamed Atlantis, hosts an old Templar Fort, home to Prince D. Renato Barros, and is a free-to-explore tourist destination.___

posted image

2015-12-12 03:22:45 (6 comments; 8 reshares; 29 +1s)Open 

Bitcoin Price Rockets To One-Year High on Record Volumes

The price of bitcoin has hit its highest closing price in the last year, trading at $436 and climbing at press time, according to the CoinDesk Bitcoin Price Index.

Bitcoin has gained an astonishing $115 or 36% over the last two weeks. It was changing hands for $320 a coin on 25th November. The price briefly touched $500 on some exchanges on 4th November before dropping under $400 in the following days.

The strong rally is accompanied by record-breaking trading volumes on bitcoin exchanges. On 5th December 3.49 million bitcoins were traded across all exchanges tracked by data provider Bitcoinity. This smashed the previous record for daily traded volume established just days prior, on 26th November, of  2.86 million coins traded.

Trading volume has remained robust since its highwatermark, with d... more »

Bitcoin Price Rockets To One-Year High on Record Volumes

The price of bitcoin has hit its highest closing price in the last year, trading at $436 and climbing at press time, according to the CoinDesk Bitcoin Price Index.

Bitcoin has gained an astonishing $115 or 36% over the last two weeks. It was changing hands for $320 a coin on 25th November. The price briefly touched $500 on some exchanges on 4th November before dropping under $400 in the following days.

The strong rally is accompanied by record-breaking trading volumes on bitcoin exchanges. On 5th December 3.49 million bitcoins were traded across all exchanges tracked by data provider Bitcoinity. This smashed the previous record for daily traded volume established just days prior, on 26th November, of  2.86 million coins traded.

Trading volume has remained robust since its high watermark, with daily trading consistently closing above the 2 million BTC level.___

posted image

2015-12-12 03:04:15 (8 comments; 6 reshares; 32 +1s)Open 

Should You Invest In Bitcoin? 10 Arguments In Favor As Of December 2015

In the past three months alone, the price of Bitcoin has: risen steadily from below $250 to the low- to mid-$300 range, spiked past $400, plunged back down toward $300, stabilized around $325, surged again past $350 around Black Friday, then jumped even higher — after a potential uncovering of Bitcoin’s creator — to about $430 as of this morning.

Taking a wider angle to look at the year, the high, $437 according to Blockchain.info, was about two and half times its low, $177 — and these gyrations don’t even begin to match those seen from 2013 to the beginning of this year, when the price went from the teens to $1,200 and back down toward the $200s.

Though 2015 has proven to be the year that venture capital and Wall Street bet on the blockchain (shorthand for the distributed ledgertechnolog... more »

Should You Invest In Bitcoin? 10 Arguments In Favor As Of December 2015

In the past three months alone, the price of Bitcoin has: risen steadily from below $250 to the low- to mid-$300 range, spiked past $400, plunged back down toward $300, stabilized around $325, surged again past $350 around Black Friday, then jumped even higher — after a potential uncovering of Bitcoin’s creator — to about $430 as of this morning.

Taking a wider angle to look at the year, the high, $437 according to Blockchain.info, was about two and half times its low, $177 — and these gyrations don’t even begin to match those seen from 2013 to the beginning of this year, when the price went from the teens to $1,200 and back down toward the $200s.

Though 2015 has proven to be the year that venture capital and Wall Street bet on the blockchain (shorthand for the distributed ledger technology behind Bitcoin), with companies ranging from Goldman Sachs to American Express, from Nasdaq to Kleiner Perkins, investing in such ventures, and VC investment in the sector totaling $314 million according to Pitchbook, it’s not clear where that leaves the currency.

Read more to see Laura Shin's 10 arguements on Forbes.___

Buttons

A special service of CircleCount.com is the following button.

The button shows the number of followers you have directly on a small button. You can add this button to your website, like the +1-Button of Google or the Like-Button of Facebook.






You can add this button directly in your website. For more information about the CircleCount Buttons and the description how to add them to another page click here.

Patrick UlrichTwitterFacebookCircloscope