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SA gets first Bitcoin vending machine - TechCentral

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South Africa's first Bitcoin vending machine has been installed, giving users the ability to get Bitcoin in exchange for rand.

The difference between a Bitcoin ATM and a Bitcoin vending machine is that the former dispenses cash for Bitcoins, while the latter provides Bitcoin in exchange for a local currency.

Rolf Deppe and his business partner, Monre...

Bitcoin may be heading for another split - TechCentral

Bitcoin will probably see another splintering off in November as miners and developers debate how best to scale the cryptocurrency's rapidly growing marketplace, says investor Roger Ver, CEO of Bitcoin.com.

In recent weeks, a group of miners -- people who crunch complex maths problems to generate and transact the digital currency -- have split off from the legacy bitcoin to use a new version...

An open letter to Jamie Dimon, by Farzam Ehsani - TechCentral

Would you sell a brand new Ferrari and accept 50 old cars that will not gain any value as payment?

Why are the current owners of Bitcoin accepting "old school money" in exchange for bitcoin? Are they not trading down? Why would they prefer dollars, euros and pounds?

Why are the anonymous people with a lot of Bitcoin selling their coin? Surely it would be better to keep it? Or are they not sure...

Bitcoin in freefall as 'sharks' circle - TechCentral

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Bitcoin's plunge extended to more than 25% on Friday as the frenzy surrounding digital currencies faced one of its biggest tests yet.

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