Charlie Shrem and Richard Stallman to Speak at Central European Bitcoin Expo

by Adam Hofman on April 11, 2014 { } The Central European Bitcoin Expo (CEBE) is setting up to be one of the largest conferences to take place in Central Europe. Taking place in Vienna from May 31 to June 1, the expo will feature notable speakers from within the cryptocurrency space, which will provide insight into technology, international legislation and the future of virtual currency in Europe and abroad.Recently added to the list of speakers...

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Where Do You Bitcoin? BitScan Launches Mobile Applications

Late last month BitScan launched their new mobile applications, including a revamp of the company’s popular iOS application. The app is completely redesigned and streamlined for speed. Furthermore, in response to customer demand, the BitScan team has also launched a mobile application for Android. This launch comes months after the company began its crowd-funding of the Android version, which reached a third of the way to its goal in just five days...

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Video: Roundup of This Week’s Bitcoin News 11th April 2014

.In this week of closures, crashes and heartbleed, here are three of the biggest stories we covered on CoinDesk.Bitcoin price falls below $400: The price of bitcoin hit a low of $344 this week following deposit freezes at Chinese bitcoin exchanges. The initial drop happened after an announcement from Chinese exchange BTCTrade.com, which was then corroborated by similar statements from Huobi and BTC100.org. This is the lowest the price has fallen...

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China’s Central Bank Governor: PBOC Won’t Ban Bitcoin

The price of bitcoin recovered from a low of roughly $380 on 11th April, on the news that Zhou Xiaochuan, the governor of the People’s Bank of China (PBOC) issued new statements about bitcoin. According to reports, during Boao Forum, Xiaochuan offered his opinion on the nascent technology, saying that China would not seek to ban bitcoin and other digital currencies entirely. Said Xiaochuan:“It is out of the question of banning bitcoin as it is not...

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We Deliver Local Brings Bitcoin to the High Street

More than 40 independent and local shops in the UK are now accepting bitcoin. Someone of them don’t even know about it.As of April 1st, We Deliver Local, a UK-based e-commerce solution for local shops added bitcoin as an official payment method.We Deliver Local allows registered customers to buy products online from their nearby greengrocers, butchers, fishmongers and delicatessens. The company also provides a delivery service for a flat fee of...

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Take a Walk Down Bitcoin Boulevard

We often imagine a world where we can walk down the street and be able to pay using virtual currency everywhere we go. For a small suburb outside of Cleveland, Ohio, this is becoming a reality. Located in the Cedar and Lee district and just ten minutes outside of downtown Cleveland is what will soon be known as Bitcoin Boulevard US. Residing in Cleveland Heights, accurately named Bitcoin Boulevard US will soon give patrons of local businesses the...

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Lawyers Want Bitcoin Money Laundering Charges Dropped on Technicality

Lawyers representing two Florida men charged with bitcoin-related money laundering want to have the charges dropped on a curious technicality.Adber Espinoza and Pascal Reid were arrested in February following an undercover sting operation. Police made the arrests after undercover officers took to LocalBitcoins.com posing as credit card fraudsters.Officers were looking for someone to launder their cash and buy bitcoins needed to fund illegal activities,...

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Bitcoin Price Crashes as Chinese Exchanges Stop Bank Deposits

Bitcoin prices crashed today as Chinese businesses began receiving official deposit shutdown notices from banks, confirming recent suspicions of an impending crackdown. Exchanges will stop account recharging via bank accounts between now and 15th April.Even though the news has been anticipated for over a week now, bitcoin prices internationally sank to under $410 after companies began making public announcements on their sites. Exchange BTCTrade.com...

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BitPay Expands to Amsterdam

Bitcoin payment processor BitPay has achieved rapid growth since its founding, and in the past month the company has opened locations throughout the world. With new Latin American headquarters and recently opened locations in San Francisco and New York, the company seems to truly be working to become the largest global Bitcoin payment processor.Last week, BitPay announced the opening of their European headquarters in Amsterdam, exactly two weeks...

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Are Permacredits the Future of Sustainable Living?

The crypto community is expanding with new currencies centered around Bitcoin 2.0, some of which are increasing the possibilities of the Bitcoin ecosystem. Many of these cryptocurrencies give the possibility of the creation of contracts, surplus sharing and many more, built completely on the Blockchain.One of these is Permacredits, a completely green credit that is creating an ecosystem to support permaculture and the future economy. Much like other...

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Inside Bitcoins NYC Day 1: Bitcoin 2.0 Takes Center Stage

More than 2,000 digital currency enthusiasts gathered at the Javits Center in New York City on 7th April for the city’s second Inside Bitcoins conference and expo, produced by Mediabistro.Attendees traveled to New York from more than 30 countries and 38 US states to hear speeches from industry leaders about the usual topics like the future potential and big-picture implications of bitcoin for consumers and the financial markets.As the day progressed,...

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A new chapter begins

Dear Community,The time has come to flip to a new page in the magazine. My time as Editor-in-Chief at Bitcoin Magazine has come to an end. It has been a great honor and a tremendously fun and crazy adventure to take. From initial concept, to the form of a website and finally a paper magazine. We couldn’t have done it without your help and support. You believed in us from the beginning and for that I will always be grateful.One of the best parts of...

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Did the IRS Just Make Bitcoin a New Tax Loophole?

As most people have now heard, the IRS just granted itself the power to tax the gains realized when individuals sell or spend their bitcoins — much like stocks. That means you are also responsible for knowing exactly how much your Bitcoin holdings have increased in dollar terms since you bought them. If you are a miner, it even means all those 1’s and 0s sitting idly on your cold storage hard drive are now considered gross income. Naturally, this...

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The Altcoin Debate Continues

Altcoins, or alternative cryptocurrencies such as , Primecoin and Dogecoin, have always been a popular and controversial topic in the Bitcoin space. The purpose of most of these currencies is to offer small modifications from Bitcoin proper, including faster confirmation times, attempts at socially useful mining algorithms and different monetary policies such as fast exponential decay, quadratic decay and even infinitely linearly growing supply,...

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What Is The Carbon Footprint Of A Bitcoin?

Just how much carbon dioxide do we produce when we mine a bitcoin? It’s becoming an increasingly important question. After all, it’s great to disrupt an inefficient and sometimes corrupt incumbent economic system, but most of us would rather not do it at the expense of the planet.The bitcoin network is stuck in a circle that drives up its power usage. People tend to put more computing power on the network so that they can make more more bitcoins....

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