Bitcoin

MrBitcoin January 8, 2018

On December 14, 2017, BitPay announced a first step toward enforcing the payment protocol: All orders of the BitPay Card will require payments from Payment Protocol-compatible wallets, such as BitPay’s own wallet and a few others. This announcement came after an initial notice in November 2017, when BitPay first announced that BitPay invoices would soon […]

MrBitcoin January 6, 2018

A former iced tea and lemonade manufacturing company, Long Island Iced Tea, is investing in Bitcoin mining machinery. This move comes after the company watched its stock price jump 500% following a name change to Long Blockchain. The company made the name change two weeks ago, capitalizing on the Blockchain euphoria sweeping the globe. The company […]

MrBitcoin January 5, 2018

Over the last month, bitcoin has seen large swings in price as the bulls scramble to call the bottom and the bears scramble to call the top of the market. The market saw a 50% retracement a few weeks ago, leading the bullish investors to “buy the dip” only to see it quickly top out […]

MrBitcoin January 2, 2018

When the history of Bitcoin and blockchains is written, 2017 will be the year tagged as the “turning point” when Bitcoin and “red hot” blockchain technology went mainstream. The steadily rising bitcoin price and market cap is a key, though not the only, indicator that a tipping point has been reached. Despite turmoil like ICOs […]

MrBitcoin January 1, 2018

Matthew Tompkins · January 1, 2018 · 7:00 am Reports are emerging on Twitter that bank accounts in Australia associated with Bitcoin purchases are being frozen alongside transactions that users may be making to some of the country’s most popular cryptocurrency purchasing sites. The Australian banks which have been accused of freezing accounts of Bitcoin […]

MrBitcoin December 31, 2017

Bitcoin certainly has had a wild ride in 2017. Its price has risen from around $1,000 at the start of the year to over $13,000 at the time of writing. At one point, less than a month ago, you’d have to fork out almost $20,000 to buy a single Bitcoin. The market was clearly over-extended […]

MrBitcoin December 29, 2017

Blockchain technology, as an overarching industry, has developed leaps and bounds from its geeky, white, cypher-punk roots of yore. (“Yore” being 2015, as it was only a couple years ago that I was a total outlier for simply being a moderate liberal.) When I first entered this space, in earnest, at the end of 2013, […]

MrBitcoin December 29, 2017

Samuel Rae · December 28, 2017 · 9:00 pm Poloniex just reported that it’s going to require verification for legacy accounts. Here’s what’s what you need to know:  On December 27, 2017, cryptocurrency exchange Poloniex released this press release. The release outlines that fact that the company will soon start requiring that every account held […]

MrBitcoin November 27, 2017

Joseph Grundfest, commissioner for the Securities and Exchange Commission (SEC), and now Stanford Law professor, says that Initial Coin Offerings are an almost comedic violation of securities law, and should absolutely be regulated immediately. He’s so convinced, in fact, that he has been contacting the current administration to pursue them. He said: “ICOs represent the most […]

MrBitcoin November 27, 2017

Ashour Iesho · November 27, 2017 · 12:30 pm Over the past few years, Bitcoin’s difficulty and hash rates have steadily risen exponentially. So too has the electricity consumption of Bitcoin miners has risen as well, which is causing some concern among experts. Rising Demand for Electricity Bitcoin’s price is not the only thing that has been rising […]