CategoryNews

The Bitcoin-documentary Deep Web has received 74 000 USD in pledges, 1000 USD to go - 18 hours left

Alex Winter, a documentary maker from trouperproductions.com, wants to make a Bitcoin-documentary called the "Dark Web". He posted his project on the popular crowdfunding platform Kickstarter.com and has now received 74 000 of 75 000 USD. He still needs 1000 USD to reach his target. Should we help him? He writes: Sure, this is a documentary about the Deep Web, Bitcoin and the Silk Road. But as...

Bitcoin Starcraft Challenge - Scarlett Versus NaNiwa for 14 BTC

The next Starcraft II [SC2] tournament that is buzzing the interwebs isn't even a tournament, it is a 1v1, BO7, show-match between Scarlett and NaNiwa, two of the most formidable non-Korean SC2 players of our age. In a sport completely dominated by Korean athletes in the last decade and a half, Scarlett and NaNiwa are actually battling in a best of 7 round showmatch for the title of "Top...

US Senator: We will receive a Bitcoin report next month, virtual currencies are not going away (video)

Thomas Richard "Tom" Carper, the senior United States Senator from Delaware, told in a recent video interview with Bloomberg that he is very interested in Bitcoin and cryptocurrencies and that: The idea with virtual currencies has some promises. We will get a report on Bitcoin within the next month. In the meantime, virtual currencies are probably not going away, and if they are going to be a...

Norway: "Bitcoin loss is Tax deductible"

Here are some great news for you if you are concerned of the future to Bitcoin and other cryptocurrencies. Norway's Tax Administration has just announced that Bitcoin losses are tax deductible which means that if you do lose on your Bitcoin investments, you can get your money back by deducting your losses from the taxes you were supposed to pay. Here is an excerpt in Norwegian: Skattedirektoratet...

BREAKING NEWS- Chinese Bitcoin Exchange Accepting Deposits

According to reddit user mkellerman: "It seems btc38.com has not been affected and is able to accept CNY deposits. I just successfully deposited 10CNY to my btc38 account using my Chinese credit card. The money appeared in my account within a minute. One bitcoin currently costs 3152CNY at btc38."Did btc38 not get the memo? Bitcoin is well off the lows trading at $614 on BTC-e.  Edit: It...

USA Will Lead China Bitcoin

You are what your liabilities say you are.  I had the privilege to meet with a very well respected economist yesterday, and he explained this undeniable fact.  You are what your liabilities say you are. What does this mean?  Let's take a look under the hood of a global giant, McDonald's.  A McDonald's franchise in Spain accepts Euros from customers and pays their supply chain, building costs and...

PBOC DDOS'd by "Foreign Bitcoin Investors"

PBOC DDOS

According to George Chen, Financial Editor and "Mr. Shangkong" columnist at Hong Kong's South China Morning Post, the official website of the People's Bank of China (PBOC) recently came under DDOS attack. Chinese media have placed blame for the attack on "foreign Bitcoin investors" angry over recent Bitcoin prohibitions by the PBOC. The PBOC this afternoon told media that it "was fixing web." The...

This is probably the best time to invest in Bitcoin

The Bitcoin price took a heavy hit today because of "Bitcoin being dragged down by BTC China, stops CNY deposits", however, this could actually be great news for new investors and players in the Bitcoin industry. The Bitcoin price seems to have stabilized after the sudden drop to 500 to 600 USD per Bitcoins. I believe they might fall some more, but this is probably one of your best chances to buy...

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