14 Headlines That Rocked Bitcoin and the Blockchain in 2015

CoinDesk

2015. Dec. 31. 16:50

14 Headlines That Rocked Bitcoin and the Blockchain in 2015 In this year-end special, we look back at the 14 bitcoin and blockchain news stories that made the most impact during 2015.

What Banks Should Be Doing With Blockchain in 2016

CoinDesk

2015. Dec. 30. 20:58

What Banks Should Be Doing With Blockchain in 2016 Virtual Capital Ventures general partner William Mougayar offers eight predictions for the bitcoin and blockchain industry in 2016.

5 Bitcoin and Blockchain Startups to Watch in 2016

CoinDesk

2015. Dec. 30. 20:54

5 Bitcoin and Blockchain Startups to Watch in 2016 Jad Mubaslat, CEO of BitQuick.co, lists the five companies he believes will have the biggest impact on the crypto industry this coming year.

Why I'm Predicting a $650 Bitcoin in 2016

CoinDesk

2015. Dec. 30. 18:30

Why I'm Predicting a $650 Bitcoin in 2016 Cryptography consultant Richelle Ross issues her prediction for how the bitcoin price will fare in 2016.

PwC's 3 Predictions for Blockchain Tech in 2016

CoinDesk

2015. Dec. 30. 15:43

PwC's 3 Predictions for Blockchain Tech in 2016 'Big Four' professional services firm PwC offers its predictions on the year ahead for blockchain technology and outlines the likely key trends.

Chain Issues Investor Shares on Nasdaq Blockchain Platform

CoinDesk

2015. Dec. 30. 14:26

Chain Issues Investor Shares on Nasdaq Blockchain Platform Blockchain startup Chain has issued shares to an investor using Nasdaq’s private markets blockchain solution, Linq.

Chart: Coinbase

Bitcoin Insider

2015. Dec. 30. 13:59

Chart: Coinbase

Chart: Coinbase

Chart: Coinbase

Bitcoin Insider

2015. Dec. 30. 12:59

Chart: Coinbase

Chart: Coinbase

From Worst to Best: Bitcoin's 2015 Comeback

Bitcoin Insider

2015. Dec. 30. 09:39

From Worst to Best: Bitcoin's 2015 Comeback

Bitcoin lost more than 57% of its value against the dollar in 2014, making it the worst-performing currency in 2014. However, in 2015, it gained almost 40%. Bloomberg’s Cory Johnson reports on “Bloomberg Markets.” (Source: Bloomberg)

From Worst to Best: Bitcoin's 2015 Comeback

Bitcoin Insider

2015. Dec. 30. 08:39

From Worst to Best: Bitcoin's 2015 Comeback

Bitcoin lost more than 57% of its value against the dollar in 2014, making it the worst-performing currency in 2014. However, in 2015, it gained almost 40%. Bloomberg’s Cory Johnson reports on “Bloomberg Markets.” (Source: Bloomberg)

#Bitcoin, the world’s best-performing currency in 2015....

bitcoinful

2015. Dec. 29. 22:25

#Bitcoin, the world’s best-performing currency in 2015....

#Bitcoin, the world’s best-performing currency in 2015. via @Bloomberg by @ScouseView

From Worst to First: Bitcoin's Price Ends 2015 on Top

CoinDesk

2015. Dec. 29. 18:30

From Worst to First: Bitcoin's Price Ends 2015 on Top The price of a bitcoin has been on the rise of late, but the year wasn't all good news. Let's look back to the few highs and many lows of 2015.

4 Hype-Free Predictions for Private Blockchains in 2016

CoinDesk

2015. Dec. 29. 16:15

4 Hype-Free Predictions for Private Blockchains in 2016 To cut through the hype around blockchain tech, outspoken Eris COO Preston Byrne offers these four predictions for 2016.

Report: Blythe Masters' Blockchain Startup Struggles to Close Funding

CoinDesk

2015. Dec. 29. 15:11

Report: Blythe Masters' Blockchain Startup Struggles to Close Funding Digital Asset Holdings, the startup led by ex-JP Morgan exec Blythe Masters, is apparently running into hurdles closing an investment round.

Visa Europe: The Blockchain is 'No Longer a Choice'

CoinDesk

2015. Dec. 28. 19:58

Visa Europe: The Blockchain is 'No Longer a Choice' As part of a year-end retrospective, Visa Europe suggested bitcoin and the blockchain will soon be embraced by financial incumbents.

The Stories That Shaped the Blockchain Narrative in 2015

CoinDesk

2015. Dec. 28. 19:51

The Stories That Shaped the Blockchain Narrative in 2015 BuckleySandler LLP counsel Amy Davine Kim recaps how digital currency regulation affected the strategies of bitcoin startups and incumbents in 2015.

2016 Could Be Bitcoin's Best Year Yet

CoinDesk

2015. Dec. 28. 16:11

2016 Could Be Bitcoin's Best Year Yet 2015 was another roller coaster year for bitcoin, but what does 2016 hold in store? Tuur Demeester gives CoinDesk his predictions.

The Top 10 Cryptocurrency Research Papers of 2015

CoinDesk

2015. Dec. 27. 13:11

The Top 10 Cryptocurrency Research Papers of 2015 Ledger Journal managing editor Peter Rizen presents his picks for the top cryptocurrency research papers of 2015.

Upgrade your Bitcoin nodes today

Bitcoin Insider

2015. Dec. 27. 05:55

Upgrade your Bitcoin nodes today

Upgrade your Bitcoin nodes today

Bitcoin Insider

2015. Dec. 27. 04:55

Upgrade your Bitcoin nodes today

11 Bitcoin Startups That Went Bust in 2015

CoinDesk

2015. Dec. 26. 16:56

11 Bitcoin Startups That Went Bust in 2015 This year, around nine bitcoin firms went belly up for a host of reasons. We take a look at what happened.

Blockchain Land Title Project 'Stalls' in Honduras

CoinDesk

2015. Dec. 26. 16:31

Blockchain Land Title Project 'Stalls' in Honduras Blockchain startup Factom has addressed a longstanding controversy over its contested partnership with the government of Honduras.

Challenges And Opportunities For Bitcoin In 2016

Bitcoin Insider

2015. Dec. 26. 08:53

Challenges And Opportunities For Bitcoin In 2016

Opportunities

You can already accrue interest on Bitcoins on exchanges like OKCoin (“P2P Lending”), but I hope we’re seeing safer opportunities to make some money with Bitcoin in 2016.Winklevoss ETF might finally go live.

Legality

Russia has proposed a law making Bitcoin illegal that is likely becoming a law in 2016.China might also take action against Bitcoin trading and/or mining in 2016 as it is being used to bypass currency controls. Mining might also be a factor contributing to the environmental issues of China. US and EU might also come up with new regulations.

Protocol

BIP101 can be activated in 2016, which allows for more growth in Bitcoin. You can support BIP101 by running Bitcoin XT at home or on servers.The block subsidy is reduced to 12.5 BTC - this means that the number of new coins going in circulation is reduced, but it might become a problem for mining pools.The core team is rather unproductive and XT will need more developers for Bitcoin to be successful in 2016.

Abuse

Blockchain Alliance might help reducing the impact of fraudulent investment schemes and darknet abuse.

Challenges And Opportunities For Bitcoin In 2016

Bitcoin Insider

2015. Dec. 26. 07:53

Challenges And Opportunities For Bitcoin In 2016

Opportunities

You can already accrue interest on Bitcoins on exchanges like OKCoin (“P2P Lending”), but I hope we’re seeing safer opportunities to make some money with Bitcoin in 2016.Winklevoss ETF might finally go live.

Legality

Russia has proposed a law making Bitcoin illegal that is likely becoming a law in 2016.China might also take action against Bitcoin trading and/or mining in 2016 as it is being used to bypass currency controls. Mining might also be a factor contributing to the environmental issues of China. US and EU might also come up with new regulations.

Protocol

BIP101 can be activated in 2016, which allows for more growth in Bitcoin. You can support BIP101 by running Bitcoin XT at home or on servers.The block subsidy is reduced to 12.5 BTC - this means that the number of new coins going in circulation is reduced, but it might become a problem for mining pools.The core team is rather unproductive and XT will need more developers for Bitcoin to be successful in 2016.

Abuse

Blockchain Alliance might help reducing the impact of fraudulent investment schemes and darknet abuse.

Bitcoin is Entering the Age of Practicality

CoinDesk

2015. Dec. 24. 21:00

Bitcoin is Entering the Age of Practicality As the end of the year approaches, Fluent co-founder Lamar Wilson discusses what he believes should be the industry's plan of action for 2016.

Chart: bitfinex.com

Bitcoin Insider

2015. Dec. 22. 15:56

Chart: bitfinex.com

Chart: bitfinex.com

Chart: bitfinex.com

Bitcoin Insider

2015. Dec. 22. 14:56

Chart: bitfinex.com

Chart: bitfinex.com

Phishing domains suspended

Bitbargain.com

2015. Dec. 20. 06:44

Phishing domains suspended

Kudos to Domains4Bitcoins.com for taking the necessary steps.

UPDATE (20 December 2015): MANY OF THE DOMAINS HAVE BEEN RE-ENABLED BY PUBLICDOMAINREGISTRY.COM (PDR Ltd in India).

For example:

llocalbitcoins.com has address 89.248.171.88

Response from Domains4Bitcoins:

It looks like the customer has contacted our sponsoring registry and requested the domain be unsuspended for transfer. We have manually re-suspened the domain from our end.We will keep a eye on these domains, if they do transfer them we will give you the contact details of the new registry.

The following domain names no longer help to steal funds: bibargain.com, bitbargan.com, bitbargaun.com, bitbrgain.com, bitbsrgain.com, bitfinrx.com, bittbargain.com, btbargain.com, btinterbet.com, bttbargain.com, facebook-profile.com, facebook-user.com, facebook-users.com, kocalbitcoins.com, llocalbitcoins.com, localbbitcoins.com, oocalbitcoins.com

E-Coin is currently running a promo allowing you to get a...

Bitcoin Insider

2015. Dec. 18. 08:19

E-Coin is currently running a promo allowing you to get a...

E-Coin is currently running a promo allowing you to get a virtual bitcoin debit card for free (you need to get 10 entries in the promo, but that’s fairly easy). Check it out here.Most European countries, China, Russia, Brazil, Indonesia, South Africa and many others are supported.

The services of E-Coin are not available in the US and India.

E-Coin is currently running a promo allowing you to get a...

Bitcoin Insider

2015. Dec. 18. 07:19

E-Coin is currently running a promo allowing you to get a...

E-Coin is currently running a promo allowing you to get a virtual bitcoin debit card for free (you need to get 10 entries in the promo, but that’s fairly easy). Check it out here.Most European countries, China, Russia, Brazil, Indonesia, South Africa and many others are supported.

The services of E-Coin are not available in the US and India.

Market UpdateIf Bitcoin breaks the November high (on Bitfinex:...

Bitcoin Insider

2015. Dec. 15. 23:32

Market UpdateIf Bitcoin breaks the November high (on Bitfinex:...

Market UpdateIf Bitcoin breaks the November high (on Bitfinex: 504 USD) it will likely continue to go up, but if resistance remains strong it might go all the way down to 200 USD. Yesterday Coinbase has seen high trading volume, but now it’s back down again.

Market UpdateIf Bitcoin breaks the November high (on Bitfinex:...

Bitcoin Insider

2015. Dec. 15. 22:32

Market UpdateIf Bitcoin breaks the November high (on Bitfinex:...

Market UpdateIf Bitcoin breaks the November high (on Bitfinex: 504 USD) it will likely continue to go up, but if resistance remains strong it might go all the way down to 200 USD. Yesterday Coinbase has seen high trading volume, but now it’s back down again.

POLL: What’s the Bitcoin exchange rate on January 4 2016?

Bitcoin Insider

2015. Dec. 13. 19:43

POLL: What’s the Bitcoin exchange rate on January 4 2016?

POLL: What’s the Bitcoin exchange rate on January 4 2016?

Bitcoin Insider

2015. Dec. 13. 18:43

POLL: What’s the Bitcoin exchange rate on January 4 2016?

Cryptsy incompetence

Bitbargain.com

2015. Dec. 12. 01:33

Cryptsy incompetence

There are some strong indicators to suggest that Cryptsy are doing an exit scam. Since I personally have 3 BTC worth of coins riding on whether it’s a scam or not, I would be very happy to find out I was wrong.

- Most users aren’t able to withdraw BTC, Ethereum and most other altcoins (the first two are own experience, the latter claim is based on watching complaints for hours in the chat box from different users).

- Support doesn’t ever provide a timeframe for fixing the issue, but they’re always quick to cancel pending withdrawals on request. The user then ends up doing another trade for another altcoin (paying further fees), which also gets stuck.

- My first attempt to withdraw Ethereum failed, I had to ask support to cancel it after days (hoping I could make several smaller withdrawals - as suggested by them).

- I currently have 3 Ethereum withdrawals marked complete, neither of the 3 TXIDs are visible on the network. Sending a transaction out is not a complicated technical task, so the most likely reason for this phenomenon is that they generated a transaction the network didn’t accept (trying to spend coins that aren’t there?).

- My BTC withdrawal has been pending for days.

- It is reported that very small withdrawals go through for some users.

- A mod (JShock) in the chat box made a statement that users openly worried about ever getting their coins back are ‘drama queens’. I estimate 90% of users using the chat box are there seeking advice on coins they can’t withdraw.

- If you mention the words ‘scam site’ (in any context, referring to anything) it gets censored as ‘xxxxxxxx’.

- BigVern posted a tweet days ago about fixing the issues, but more and more people are complaining still. My withdrawal issues haven’t been fixed, either.

- Most importantly: Cryptsy have been aware of withdrawal issues affecting most users for at least a month now. They have been advised multiple times to either disable deposits (stop showing deposit addresses) or at the very least post a warning on the front page about the isues.

They are not doing it.

And this is the part that nails the coffin, so to speak. Being unable to return money to users after weeks - maybe grossly incompetent. Knowingly accepting further deposits when several users have been waiting for weeks is deliberate and in my opinion approaching criminal.

On the few rare occasions that BitBargain had wallet issues that likely delayed withdrawals for over 30 minutes, I always enabled ‘maintenance mode’ - which prevents trading temporarily. There’s nothing more disappointing than a site taking your money and then holding back on coins. Any sane business would rather have customers go to a competitor than give them a bad experience such as this. So why does Cryptsy prefer that users keep depositing money? Why not just disable deposits, fix the problem and then come back online? And let’s be real anyway, how could a withdrawal not be fixed for weeks?

Word of advice: even if withdrawals ever get processed on Cryptsy, do not make the same mistake again. NEVER DEPOSIT COINS ON CRYPTSY. Never trust a site run by the same people. Learn your lesson.

Good thing they’re a FinCEN approved, licenced MSB. That certainly was the necessary barrier of entry to ensure a professional service…

If you just want to convert one coin to another,  try ShapeShift.IO instead. I’ve had a very smooth buying experience there. Sure, it’s not an exchange, but we’ll have better exchanges. But first we have to take out the trash…

Update (18th of December 2015): my Ether withdrawals have gone through. I have still lost at least 40% on altcoin conversions, trading fees and withdrawal fees after giving up and rushing to get my money out as soon as possible. Cryptsy: never again.

Update (28th of December 2015): my 0.1 BTC withdrawal has been processed finally. Of course I didn’t get the full 0.1 BTC, even though I ticked ‘use free withdrawal’ I only got 0.09-something.

Update (14th of January 2016): Cryptsy was hacked. They kept it quiet all this time but just made it public. 10k BTC, 100k LTC missing from cold wallets. An altcoin is blamed. The article about withdrawal problems is blamed. Their own incompetence is not. They are kindly asking the hacker to return the coins, threatening with legal action.

http://blog.bitbargain.com/post/137339826192/cryptsy-hacked

What Happens to Bitcoin in 2016?Bloomberg’s Reed Stevenson...

Bitcoin Insider

2015. Dec. 11. 23:12

What Happens to Bitcoin in 2016?Bloomberg’s Reed Stevenson...

What Happens to Bitcoin in 2016?

Bloomberg’s Reed Stevenson reports on the future for bitcoin. He speaks on “Bloomberg Markets.” (Source: Bloomberg)

What Happens to Bitcoin in 2016?Bloomberg’s Reed Stevenson...

Bitcoin Insider

2015. Dec. 11. 22:12

What Happens to Bitcoin in 2016?Bloomberg’s Reed Stevenson...

What Happens to Bitcoin in 2016?

Bloomberg’s Reed Stevenson reports on the future for bitcoin. He speaks on “Bloomberg Markets.” (Source: Bloomberg)

Bitcoin is above $400 again

Bitcoin Insider

2015. Dec. 10. 00:27

Bitcoin is above $400 again

Will it break resistance? I honestly don’t know.

Chart: Bitfinex.com via Bitcoincharts.com

Bitcoin is above $400 again

Bitcoin Insider

2015. Dec. 09. 23:27

Bitcoin is above $400 again

Will it break resistance? I honestly don’t know.

Chart: Bitfinex.com via Bitcoincharts.com

Photo

Bitbargain.com

2015. Dec. 09. 20:31

Photo

Popcorn time

Bitbargain.com

2015. Dec. 09. 12:12

Popcorn time

Bitcoin’s Creator Satoshi Nakamoto Is Probably This Unknown Australian Genius

http://www.wired.com/2015/12/bitcoins-creator-satoshi-nakamoto-is-probably-this-unknown-australian-genius/

The amount not included to be sent to Ramona Watts will be used to show the “lies and fraud perpetrated by Adam Westwood of the Australian Tax Office against Dr Wright”

https://www.documentcloud.org/documents/2644014-Tulip-Trust-Redacted.html

The police operation is not believed to be related to reports in two technology publications.

http://www.abc.net.au/news/2015-12-09/bitcoin-suspected-founder-craig-wright-home-raided-by-afp/7014254

What next? Only one thing is for certain: vast amounts of popcorn will be consumed by all.

Decentralized Media: Devon Read on Alexandria

Bitcoin News

2015. Dec. 05. 01:00

Decentralized Media: Devon Read on Alexandria

Ever feel bogged down by ads when trying to access media? Ever get upset that content has been censored by governments or businesses? Ever wish people had more power in regards to how content is monetized? These problems may be solved with this new decentralized media project. Also read: Jaxx: The new Fleet of Bitcoin & Ethereum

The post Decentralized Media: Devon Read on Alexandria appeared first on Bitcoin News.

Japanese Entertainment Giant DMM Accepts Bitcoin

Bitcoin News

2015. Dec. 05. 01:00

Japanese Entertainment Giant DMM Accepts Bitcoin

Japanese e-commerce platform DMM has announced it is accepting bitcoin as a payment option for its goods and services. Also read: Japan’s Largest Bank is Building Its Own Digital Coin DMM and Coincheck Reach Milestones In a press release issued today, Coincheck Payment, which will provide the service to DMM’s 19 million users, said bitcoin

The post Japanese Entertainment Giant DMM Accepts Bitcoin appeared first on Bitcoin News.