What Does Bitcoin Mean | Why Bitcoins Are So Controversial

What Does Bitcoin Mean

Why Bitcoins Are So Controversial

Numerous reasons have emerged over the years making Bitcoin currency so popular and a real media sensation yet a lot of people have not been able to come to terms with bitcoins, this is why there is a need for us to, first of all, provide answers to the question; 'What Does Bitcoin Mean?' before going ahead with why Bitcoins are so...

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Bitcoin Futures Rise on Financial Exchange Trading

Bitcoin Futures Rise on Financial Exchange Trading

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The future prices of bitcoin increased 18 percent to more than $18,000 on Monday morning on the Chicago Board Options Exchange.

Futures are a type of contract in which a buyer and a seller agree on a price for a particular item...

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The Classification of Bitcoin and Cryptocurrency by the IRS

IRS guidance is silent on which section of the tax code cryptocurrency falls into. For instance, IRC §1031 allows for the like-kind exchange of certain property. §1031 exchanges typically are done with real estate or business assets. However, with the classification of cryptocurrency as property by the IRS, many tax professionals will argue that cryptocurrency can be exchanged using IRC...

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11 ways you can buy bitcoin with a credit card in Canada

8 January 2018

Buying crypto with a credit card is easy once you know how to go about it.

Buying bitcoin with credit card can be a bit trickier and more expensive than local bank transfers, but there's no shortage of options once you know where to look.

Here are 11 bitcoin exchanges and trading services that operate in Canada and beyond,...

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Here are various possibility of taxing bitcoin profits under different circumstances.

Dec 19, 2017, 08:56 AM IST

Online shopping and utility bill payments via the virtual currency should be available soon.

May 24, 2016, 10:23 AM IST

Apart from bitcoins, ripple, litecoin, auroracoin, peercoin and dogcoin have seen steady pickup in volume as well market value. The latest additions include teacoin, aliencoin, magic internet money and heisenberg.

Mar 23, 2014, 14:36 PM IST

A number of new entrants, such as bitgem, catcoin, unobtanium and sexcoin, have arrived on the scene even as regulators across the world grapple...

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Date: 2017-12-20 05:34:01
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Bitcoins a risky investment option, warns RBI | The Siasat ...

Bitcoins a risky investment option, warns RBI

December 18, 2017, 5:35 PM IST

Creative Commons Zero - CC0

Karnataka: The Cryptocurrency Bitcoin is gaining ground as an investment option in Bengaluru.

But, the worrying fact is that many are unaware about the risks involved in virtual currency. In Bengaluru, about 2500 new users are added every day. People from the districts in Karnataka state are invited to attend seminars regarding investing in bitcoins. They are lured to invest in the virtual currency by telling them fake stories of buyers...

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Bitcoin bonanza draws warning from Europe central bank ...

The vice-president of the European Central Bank on Wednesday expressed concern about the relentless rise in value of the virtual currency Bitcoin and the potential risk accompanying the trend.

"It's a very particular asset, it's a speculative asset by definition looking to the developments in its price. Investors are taking that risk of buying at such high prices," Constancio told CNBC television.

Bitcoin smashed through the $10,000 barrier this week -- compared with less than $1,000 this time...

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September 21, 2017

CFTC Charges Nicholas Gelfman and Gelfman Blueprint, Inc. with Fraudulent Solicitation, Misappropriation, and Issuing False Account Statements in Bitcoin Ponzi Scheme

CFTC Files Its First Anti-Fraud Enforcement Action Involving Bitcoin

Washington, DC -- The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a federal civil...

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Bitcoin futures: Price surge in first day of trading - CBS ...

The first-ever bitcoin future jumped when it began trading on Sunday, although it settled lower after reaching an overnight high. 

The cryptocurrency, which has more than quadrupled in price since early September, has prompted some investment experts to warn of a speculative bubble. The Chicago Board Options Exchange futures don't involve actual bitcoin. They're securities that will track the...

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One seller in the Hamptons is asking nearly $800,000 (or that value in bitcoins) for a four-bedroom, ranch-style home first listed in October. Earlier this week, a former casino owner said he'd be willing to accept bitcoins for his $7.85 million Las Vegas home.

Bitcoin is a digital currency introduced in 2009 that is not backed by a central bank or government.� The currency can be traded online through unregulated Internet exchanges.

Since a bank isn't involved, using bitcoins can have fewer fees than traditional transactions.

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How to Spend Bitcoin and Other Cryptocurrencies

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DoughRoller receives compensation from some companies issuing financial products, like credit cards and bank accounts, that appear on this site. Unless a post is clearly marked "Sponsored", however, products mentioned in editorial articles and reviews are based on the author's subjective assessment of their value to readers, not compensation. Compensation may impact how and...

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The Economist explains: How does Bitcoin work

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BITCOIN, the world's "first decentralised digital currency", was� launched in 2009 �by a mysterious person known only by the pseudonym Satoshi Nakamoto, whose true identity is still unknown. Since then, the value of a single Bitcoin has fluctuated wildly, reaching a high of around $1,000 in late 2013 before falling to less than half that level, and then rebounding in 2016. What exactly...

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Date: 2017-12-20 00:40:00
Website: economist.com

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admin Top 10 Cryptocurrency to invest : Best List 2018 2018-01-29T10:33:55+00:00 Global , Investment 3 Comments

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These virtual currencies are normally in virtual worlds and are earned through playing the game.

Real cash economy games allow you to earn money that you can then spend in-game and/or in real life.

The way these currencies work is by only being worth a percentage of currency in real life. For example, a virtual dollar may only be worth 0.15% of an actual dollar.

These currencies normally have specific dates when you can withdraw, and...

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Date: 2017-12-18 19:03:32
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Buy Local Bitcoin

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Bitcoin is a peer-to-peer, decentralized, digital currency system, developed to provide online users the capability to procedure deals through digital device of exchange referred to as Bitcoins. Simply puts, it is a virtual currency.

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Buy Ripple {XRP} with PayPal, Credit Card or Debit Card

Ripple, an open source, peer-to-peer payment network is on it's way to dominate the world of crypto currency. Ripple or " XRP " claims to have an advantage over bitcoin with having a decentralized network which has the twin benefits of not having to wait for confirmations and there being no central point of failure, which should provide stability.

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ATM machine, on the other hand, could be considered as definitely the fastest way to obtain bitcoins, but they come with a high transaction fee of 6% and more depending on the provider.

Where to Get Bitcoin?

Currently, you can purchase BTC through various exchange brokers or exchange platforms. Some of them would deliver bitcoins...

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Date: 2017-12-19 23:14:44
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The SpectroCoin mobile and online wallet allows you to easily trade, send, and receive bitcoins and other blockchain based digital currencies wherever you go

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Bitcoin Bubble: Is Bitcoin Going To $1 Million Or Is it ...

In the long-term, experts such as John McAfee and James Altucher believe that the price of Bitcoin will reach one million dollars.� But there are others that believe that Bitcoin is one of the biggest financial bubbles in history and that it will eventually end in an absolutely horrible crash.

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Well, it is entirely possible that both sides are correct.

Bitcoin could...

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Date: 2018-01-02 10:18:53
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Real-time Bitcoin price chart using volume-weighted average price (VWAP) for all the leading cryptocurrency exchanges. VWAPis the ratio of the value traded to total volume traded over a particular time horizon (usually one day).

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Bitcoin Investment Strategy - What is bitcoin? - 30BTC

30BTC » Bitcoin Investing

The Ultimate Bitcoin Investment Strategy

Investing in Bitcoin is a strategical decision that comes with it's own set of risks and rewards. People who are uncertain about the nature of Bitcoin may be reluctant to invest in it - however, Bitcoin has seen an increase in median price over the recent years and shows potential for the future. The majority of investments made...

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Bitcoin explained: Here's everything you need to know - CNET

How does one 'mine' Bitcoin?

A person (or group, or company) mines Bitcoin by doing a combination of advanced math and record-keeping. Here's how it works. When someone sends a Bitcoin to someone else, the network records that transaction, and all of the others made over a certain period of time, in a "block." Computers running special software -- the "miners" -- inscribe these transactions in a...

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Date: 2017-12-20 03:34:24
Website: https://www.cnet.com

Mining Crypto Currency – Scam Bitcoin

As the crypto currency industry exploded into the monster it currently is, in 2017, various digital tokens and currencies have drawn more attention from the general public than even before. Obviously - given how it's one way to acquire such currency - mining has seen increasing interest as well. Everyone new to virtual currencies wants to know what mining is, how it's done and whether or not it...

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Bitcoin in Malaysia: What You Should Know - ExpatGo

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A Bitcoin wave has been sweeping the world and the waves have reached Malaysian shores. �Bitcoin is a cryptocurrency. So what is a cryptocurrency and why has Bitcoin become so popular?

A cryptocurrency is a decentralized, peer-to-peer digital currency, backed up with cryptography. As of now, the products and services that you can buy with a Bitcoin are pretty limited, but the...

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Date: 2018-01-11 15:54:13
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Bitcoin and Ethereum crash: Can you get rich from a price drop? 3 alternative ways to invest

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The cool crypto kids have moved beyond merely buying and selling ether. Wit Olszewski/Shutterstock

The cool crypto kids have moved beyond merely buying and selling ether. Wit Olszewski/Shutterstock

Thinking about investing in a virtual currency like bitcoin or Ethereum-traded ether ? These...

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Paypal and Bitcoin Streamline the Online Purchasing Process

Paypal is one of the most trusted and popular services for online transactions these days. Paypal is everywhere now, as many merchants and traders have adopted it with open arms.

Bitcoin is another method of conducting online transactions, which has carved out its own place in the market. Bitcoin is a decentralized, digital currency,...

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asic bitcoin mining rig - Roadheader Construction

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Where To Buy Bitcoin with Credit Card Instantly - Additional Opportunities

06.01.2017 12:25

You may want to buy�bitcoin�with credit card instantly. Some online exchanges allow you to buy bitcoins without long verification process. If you buy bitcoin with your credit card from these sites, you can receive your cryptocurrency in a few minutes.

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Buy Virtual Credit Card for Bitcoin - Best Bitcoin Exchange

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They are actually debit cards to correct it right from the start. Somehow it is common to all payment cards credit cards though, especially if you are not from America or any other country where living on credit is common. These debit cards are prepaid cards similar to those you get with some e-wallets (like Skrill).

With some providers, however, you can opt for...

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Date: 2017-03-09 16:36:55
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Disclamer currency conversion

We cannot guarantee the accuracy of the exchange rates displayed.

You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.

What are people saying?

Readers Respond: Short on Bitcoin

2018-01-11 07:31

Earlier this week, HBSDealer took note of the price of a Bitcoin -- roughly $15,000. On Friday, the...

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QuarkCoin vs. Bitcoin | What’s the difference?

Quark vs. Bitcoin

We all agree that Bitcoin has paved the way for other crypto currencies to enter the market. The question is how are these new currencies different or any better? Below is a running discussion on Bitcoin vs. Quark and how they differ. We'll let you decide which makes the better currency...

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Like most crypto currencies Bitcoin uses a single Hash function or...

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Date: 2017-01-27 06:57:13
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Bitcoin price plummets as Coinbase adds support for rival ...

Meanwhile, the price of bitcoin cash is skyrocketing, nearly doubling from around US$1,850 on Tuesday to US$3,500 at the time of writing.

Coinbase said customers who held bitcoin at the time of the fork on 1 August 2017 had been automatically credited with the appropriate amount of bitcoin cash for their accounts.

"Sends and receives are available immediately," the company said. "Buys and sells will be available...

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Jim Rickards: Bitcoin vs Gold - The Daily Reckoning

June 15, 2017

Jim Rickards: Bitcoin vs. Gold

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This iced tea company's name change sums up everything ...

Blockchain, the technology behind virtual currency Bitcoin.

When Wall Street types are optimistic about something, like a business or a trend, they're often said to be "long" on it - meaning they're inclined to invest in hopes of a profit.

These days, a lot of folks in the financial sector are excited about bitcoin and its underlying technology, the so-called "blockchain," because of its...

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The benefits of central bank digital currency | VOX, CEPR ...

Central banking and Bitcoin: Not yet a threat

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In third-century Rome, Julius Paulus Prudentissimus, chief legal advisor to Emperor Severus Alexander, described the fundamental rationale for a government-issued currency using terms that remain familiar to modern monetary economists. It was, he wrote, a unit of account for the pricing of goods and services, a method of storing value,...

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Date: 2017-12-20 02:12:32
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The Bitcoin Mines of Iceland - The New York Times

On the flat lava plain of Reykjanesbaer, Iceland, near the Arctic Circle, you can find the Bitcoin mines, Nathaniel Popper reports in DealBook . There, more than 100 whirring silver computers, each in a locked cabinet and each cooled by blasts of Arctic air, are the laborers of the virtual mines where Bitcoins are unearthed. The custom-built machines, running an open-source Bitcoin program,...

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Date: 2017-12-13 03:00:15
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" Bitcoins gain traction in Argentina ". 2013 4 29 2013 4 20

. Blogs.ft.com (16 April 2013). Retrieved 20 April 2013.

^

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ビットコイン - Wikipedia

" Bitcoins gain traction in Argentina ". 2013 4 29 2013 4 20

. Blogs.ft.com (16 April 2013). Retrieved 20 April 2013.

^

Raskin, Max (29 November 2012). "Dollar-Less Iranians Discover Virtual Currency" . BloombergBusinessWeek. 2013 4 17 . http://www.businessweek.com/articles/2012-11-29/dollar-less-iranians-discover-virtual-currency 2013 4 15 .

^

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Date: 2017-12-19 12:27:43
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Kraken Forwards Bitcoin Trading Services With High ...

Kraken is an online trading platform that services clients of all types who are in the market for the buying and selling of Bitcoin, as well as of altcoins and other fiat currencies. It began its operation in September 2013 with a four-month period dedicated for its public beta testing.

Already in full-blown operation, this Bitcoin exchange is geared up to push the digital currency into the...

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Can the blockchain revolutionize overseas money transfers?

Can the blockchain revolutionize international money transfers by bringing cryptocurrency mainstream?

Since bitcoin was created in 2009, it's been touted as the future of the global financial industry. The jury's still out on that, but bitcoin represents a wellspring of potential.

One reason is that bitcoin is completely digital. You can't touch it like you can touch fiat currency -- or...

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Buy Dogecoin Cryptocurrency UK » Buy Virtual Currency

DogeCoin was first introduced as "joke" currency which has the same characteristics as Bitcoin. Doge rapidly become a community favorite with the use of their mascot the Shiba Inu dog.

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Is Bitcoin a Security? – Compliance Building

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What you should know about digital currency - Canada.ca

Digital currency is virtual money that can be used to buy and sell goods or services on the Internet. Bitcoins are an example of digital currency. Bitcoins are not controlled by central banks or any country, and can be traded anonymously. Bitcoins can be bought and sold in return for traditional currency, and can also be transferred from one person to another.

Do tax rules apply when digital...

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Bitcoin, Ethereum, Bitcoin Cash All Crash, $60 Billion ...

Bitcoin dived from an all-time high of $11,400 to a recent low of $8,800 in the past 24 hours, down by nearly $3,000 before slightly recovering to $9,300 at the time of writing.

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