Dutch Bitcoin Boulevard
Bitcoin Boulevard: Dutch neighborhood now accepting cryptocurrency
Bitcoin Boulevard: Dutch neighborhood now accepting cryptocurrency
How Bitcoin Works Under the Hood
The infographic explores how Bitcoin will shape the future of online gambling, how it will work and the benefits it will bring to the table.
The mission at CryptRadio.ca is to bring a better understanding of crypto currency to the traditional fiat global community.
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One of a kind in the crypto-currency landscape, Bitcoin-ScratchTicket.com offers an exciting yet provably fair game for all BTC aficionados. It stands out from other BTC games of chance such as Dice, Lotteries and traditional Casino games by offering a familiar experience with eye-catching graphics and player defined multilevel rewards.
A shift from trusting people to trusting math
Bitcoin is a distributed consensus network that maintains a secure and trusted distributed ledger through a process called “proof-of-work.
Why no altcoin can succeed
New ideas attract not only visionaries and pioneers but also charlatans and fools. The former group understands the nature and potential of the new idea and attempts to extend it in new ways. The latter observes the success of the former and expects similar results through blind imitation and empty hope, rather like the Melanesian cargo cults which arose after World War II when the American military abandoned its airports there.
In the short term future, that is...
I’ve had my fair share of conversations about Bitcoin with people who are both for it and against it. Reasons for an individual’s interest in Bitcoin seem to vary widely from an economics or finance background to a political one to fight against a nationalized currency whose fate lies in the hands of a few unelected individuals. It’s great to see Bitcoin bringing people together from such a variety of backgrounds.
Crash!
There. It’s been said. Over the last few days we have seen a significant fall in the price of bitcoin and it will be days to years, or perhaps never, before it recovers.
What is causing the sell-off? Difficult to say. But several facts stand out. Bitcoin in April saw a rise to heights that it was nowhere near ready for based on the fundamentals. It fell quickly back, but what we are seeing now may be just a further settling back to historic trend-levels.
We have now entered a Brave New World of Forex Trading following the disclosure of a US Surveillance program (“PRISM”), central bank manipulation of currencies (“currency wars”) and random acts of regulators (which are not mutually exclusive). With the increasing politicization of the financial markets, Forex traders are now becoming more exposed to market changes from geo-political rather than economic risk factors.
As we know markets subjected to political rather than economic risk factors create unpredictable sharp short term volatility risk and cross country correlation risk which is almost impossible to risk manage and therefore costly to FOREX traders.
Every few months the Bitcoin media sees it fit to repeat a similar meme: somewhere, in some distant third world land, are some millions of citizens oppressed by rapid inflation or outright theft from a corrupt government, and Bitcoin, being a superior unit of value whose value goes up, not down, can, or in the more optimistic cases already is, swooping in and saving the day.
The sudden rise of the internet may not be the biggest news story in the past fifteen years, but it was certainly the most entertaining. Over the course of only a year the value of technology stocks has doubled, only to crash right back down within months. Suddenly, it felt as if we were back in the tulip era.