Senin, 30 April 2012

Bitcoin Explained

These videos were written and produced by Bitcointalk forum member hazek. They're compiled here for easy access. If you find the videos worthwhile, please tip their creator. 1MYx9ovWCYgc1JZCrdTK2forQcsurezC7w



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Sabtu, 28 April 2012

Bitcoin Horse to Run First Race on May 2nd

Bitcoin users are a creative bunch, and rightly so, given they're using the most versatile currency ever created.

And it doesn't get more creative than this!

Using the Bitcoin Stock Exchange, forum member TTBit has sold enough "Bitcoin Interest Rights" to train a horse by the name of "Satoshi's Daemon" (ticker symbol SATOSHISDAEMON.HORSE on GLBSE).

The Bitcoin-backed bronco is scheduled to run on Wednesday at Evangeline Downs in Louisiana.  With $8700 for first place, the international consortium backing the horse could expect to see a nice dividend payout.

Try doing that with PayPal, son!

Edit: Satoshi's Daemon finished in last place. =(

Sabtu, 21 April 2012

Bitinstant Hints at New Contract Allowing Bitcoins to be Purchased from 700,000 Locations Including Wal-Mart and 7-11

Have a listen to the interview below, starting at 15:45.  Exciting stuff!!!

Edit: is this going to be some sort of Bitinstant gift card?  If so, it would allow people to buy Bitcoins with credit cards and leave the chargeback liability with the merchant selling the cards!  Brilliant!


Jumat, 20 April 2012

Bitcoinica Becomes Registered Financial Services Provider

Bitcoinica's boy-genius, Zhou Tong, today announced that Bitcoin has become a registered financial services provider under the laws of New Zealand.  Arguably one of the greatest Bitcoin success stories, Bitcoinica continues to thrive, and the site's new status will add legitimacy to the Bitcoin economy as a whole.

The press release can be found here: 

Minggu, 04 Maret 2012

10 Exciting Things About Bitcoin - Right Now

1) The success of Bitmit - Bitcoin's eBay. Over 550 listings and growing rapidly.

2) The boom happening over at Silk Road. While I don't condone the illegal applications of Bitcoin, the site's success if further proof that Bitcoin is a technology that fills a gap.

3) The appeal and rapid growth of Ogrr.com, which is bringing in hundreds of new users each month and expanding exponentially.

4) Mt.Gox is about to launch "e-commerce solutions" this week.

5) Recent discussions regarding making Bitcoin truly anonymous.

6) The upcoming completion and launch of Bitcoin.com by the good folks at Tradehill (currently down).

7) The popularity of coinworker.com.

8) The announcement of the upcoming Bitcoin Conference in London.

9) Through no fault of their own, tens of thousands of Bitcoins were stolen from various high profile Bitcoin businesses. Why is this good news? Not a single user was impacted as the owners chose to absorb the losses. It was also the first time that a major hack or closure didn't impact Bitcoin's market value.

10) And the most exciting news of all: you can now tip cows for Bitcoins.

Sabtu, 03 Maret 2012

Silk Road Growing in Popularity at Impressive Rate

On the Bitcointalk Forums, Blitzboom posted a recent snapshot of the Silk Road Forum stats, showing the site is growing rapidly.


On a monthly basis, more users are joining the Silk Road Forums than the Bitcointalk Forums!

'Bitcoins for Christmas' Donates 85 BTC to Habitat for Humanity

The March 1st deadline for reclaiming non-redeemed Bitcoins came and went and a non-trivial amount of Bitcoins were left in the 'Bitcoins for Christmas' sleigh: 85 BTC worth over $400.

As was promised, the leftover Bitcoins were donated to Habitat for Humanity, where they will be put to good use building homes for the less fortunate.

Thank you everyone for participating, especially the sponsors who helped us cover a portion of the development and hosting costs. 74 gifts were sent, totaling 250 BTC.

We look forward to doing it again next year!

 
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