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According to Bloomberg, the Chinese yuan traded in Shanghai’s spot market, fell 1.6 percent so far this month to 6.7808 a Dollar. That’s the most since the People’s Bank of China weakened its exchange rate by 4.4 percent in three days in August 2015. As we all know, when the Yuan/Renminbi drops, China moves in on Bitcoin, and Friday was no different. Like a leak in a dam, there was too much energy to keep Bitcoin at bay this time, and Bitcoin peaked at almost $705 on BitcoinAverage.com. First days of the new week, we just experienced 725$
Before you continue to read this article, please check right from this text field and maybe you can notice CoinDesk’s bitcoin website ticker widget running in our home page. Very helpful small frame script. From some time ago people working on a project to create a physical device which can solve the same task and it can work outside of dead loop of smartphone-tablet-laptop cycles. Our friends from TicrThing -makers of wireless gadgets and crypto Continue reading →
With the recent Bitfinex heist models for decentralized exchanges have received a bit more attention as usual.
This is a repeating pattern happening every few months after a major incident.
And it goes back to business as usual after people are entertained by the next soap opera.
So I do not expect that the majority of cryptoland citizens will radically change their behavior. And that has several understandable reasons.
But beside that, Continue reading →
Bitcoin Obituaries or 99bitcoins.com is keeping archive of all news-feed from online and print media when bitcoin died in the last few years. The dead count is good reminder for all enemies of the Crypto King. You can kill something which just get alive and coming stronger and stronger every year.
Death count 107:
Russo’s glaring point remains, Bitcoin has created a class hierarchy divided by computational power. The cryptocurrency as is can not deliver on the promises of decentralization, anonymity, or full Continue reading →
If you are curious if the time of the next financial crisis is coming, please check and first on didthesystemcollapse.com .This is very good reason to migrate to Bitcoin.Gold and Silver are real money. Paper money only started having value because it used to be backed by gold several decades ago. Now it’s backed by nothing except mass delusion and geopolitics. Since the 2008 economic collapse, central banks around the world have overdosed on financial stimulus and printing money out of thin air.
OpenBazaar is now released on the mainnet and is ready for real transactions. You can download the program on the OpenBazaar website.
Anyone with a computer and internet connection can easily install the OpenBazaar software and begin trading with anyone else in the world – for free – without permission. The believe in decentralized, P2P trade network is going to fundamentally change commerce for the better.it’s a decentralized peer-to-peer network for trade that uses Bitcoin. That trade happens directly between buyers and sellers with no one in the middle – and no fees or restrictions on trade. Continue reading →
Like small part of the world bitcoin community, we were really surprised to find that Andreas Antonopoulos will make short stop to Barcelona for a scheduled meetup of Barcelona Bitcoin Community(BBC) during his European tour 2016.
Persons like Andreas are the gifted parents for any new and radical idea. They are ready to donate their time and energy to shape this idea and present it to the community in understandable way. People like him can understand the future, and then explain it to the rest of us in close, simple and efficient way. Continue reading →