Are Any Altcoins Currenty Useful? No, Says Monero Developer Riccardo Spagni

To many people in the Bitcoin community, altcoins are considered nothing more than scams. Part of the reason is that altcoin developers and promoters are often found telling people to purchase an altcoin for their own financial benefit; however, this is not the case for Monero developer Riccardo Spagni. Spagni holds a relatively pragmatic view […]

A Closer Look at Reddit Vote Manipulation About Bitcoin

The r/Bitcoin subreddit has increasingly become a major source of news and information for anyone interested in Bitcoin. Established in 2010 and counting more than 170,000 subscribed accounts today, it is the oldest and biggest Bitcoin-related page on Reddit, and perhaps even the most influential Bitcoin corner on the Internet. But since last summer, r/Bitcoin […]

Bitcoin Price Turn-Around At $420

Bitcoin price attempted another shot at the 4-hour chart 200-period moving average today without success. The market lacks conviction and price should draw lower as a result. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code […]

Russian Finance Ministry Is Looking to Officially Ban Bitcoin

The Finance Ministry in Russia, long known for taking an aggressive stance against Bitcoin is now developing a proposal to officially ban bitcoin in Russia. The proposal by the Finance Ministry cites the Russian Central Bank to be the sole issuing authority to create what it sees as the only valid currency in the country, […]

German Tech Magazine Trials Employee Payroll with Bitcoin

T3n, a German tech magazine has revealed that it will allow its employees to gain a portion of their salary in bitcoin. German tech publication t3n, an outlet that publishes technology news in both print and online media has revealed that it has been conducting a trial since November 2015 which sees its employees receive […]

A Simple Guide to Understanding Ethereum and Buying Ether

The post A Simple Guide to Understanding Ethereum and Buying Ether appeared first on 99 Bitcoins. Lately there has been a lot of talk about a new cryptocurrency in the community – Ether. In order to understand what Ether exactly is, we first need to understand Ethereum. What is Ethereum? Ethereum is a cryptocurrency and […]

Rootstock Raises $1M to Enable Smart Contracts on the Bitcoin Blockchain

Although smart contract projects on private blockchains such as Ethereum are gaining a lot of attention, smart contracts on the Bitcoin blockchain itself are challenging because the Bitcoin network is not a “Turing Complete” system. A Turing Complete system is one that can compute any algorithmically computable function (although with no guarantees regarding runtime or memory). […]