• Bitcoin Plunges After Mt. Gox Exchange Halts Trades

    news.slashdot.org 08 Feb '14, 6am

    The gold fetishist believe gold has value, no matter what. It doesn't. Examples are for instance the holocaust, people ended up selling small fortunes of gold just to survive or even just to eat. The end of time of dreamers who think that once the government collapses, their gold hord...

  • Five predictions for (Bit)coin

    news.slashdot.org 19 Jun '13, 7pm

    Contributor Tom Geller writes: "I recently wrote an article about Bitcoin and the law for Communications of the Association for Computing Machinery . In researching it I ran into plenty of wishful thinkers, ridiculous greedheads, and out-and-out nutbags promising a rosy future. I also...

  • Belgian Telecom Becomes First To Accept Bitcoin

    news.slashdot.org 21 Dec '13, 6pm

    This kind of service doesn't help at all with future planning of finances, as would what you'd expect with a mobile phone plan. Sure, these services help with the immediate case, but if I have a recurring payment of $20, say, every month, what good is that to me if XBT have just tanke...

  • Bitcoin Currency Surpasses 20 National Currencies In Total Value

    news.slashdot.org 29 Mar '13, 5pm

    $1 billion dollars worth of bitcoins now circulate on the web – an amount that exceeds the value of the entire currency stock of small countries like Liberia, Bhutan, and 18 other countries. Bitcoin is in high demand right now — each bitcoin currently sells for more than $90 U.S. doll...

  • How a Bitcoin Transaction Actually Works

    news.slashdot.org 07 Dec '13, 9pm

    a detailed article describing the nuts and bolts of a Bitcoin transaction . He builds the concepts from the ground up, starting with a basic, no-frills digital currency. He then examines it for flaws and tweaks the currency to patch up areas where we run into technical or security pro...

  • How the First Bitcoin Hedge Fund Approaches Security

    news.slashdot.org 09 Mar '13, 2pm

    An anonymous reader writes with a link to a story at Forbes about what's said to the first Bitcoin hedge fund ; the article goes into some of the details of how the (literally) valuable data is kept. A selection: "The private key itself is AES-256 encrypted. After exporting Bitcoin pr...

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  • BitInstant Continues Bitcoin Paycard Plan - Slashdot

    news.slashdot.org 24 Aug '12, 4am

    Some very talented folks I once had the pleasure of meeting just went out of business. They had formed Bitcoin Harbor [bitcoinharbor.com], an exchange for buying and selling items strictly in bitcoins. I suspect the undue lack of popularity for bitcoin is to blame, but there has been ...

  • Bitcoin Kiosks Coming To 5 Canadian Cities

    news.slashdot.org 08 Sep '13, 9pm

    "Canadian Bitcoin enthusiasts will be able to exchange Canadian cash for the digital currency through a kiosk that's similar to an ATM. Bitcoiniacs says it has ordered five Bitcoin kiosks from a Las Vegas-based company called RoboCoin and intends to roll them out across Canada in the ...

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