How to Short Bitcoin

A whole lot of Bitcoin holders have made bank on the cryptocurrency’s recent meteoric rise. But is it possible to make money from a falling Bitcoin price? Well, it is now! But let’s start at the beginning, by defining terms. In trading, a bet that price will fall is called a “short.” This is the […]

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Anoncoin – Interview with the Lead Developer

Let me start with full disclosure of my stake in Anoncoin. I currently own a couple, rounded up, and I intend to mine a whole lot more on my (t)rusty Sapphire 5850, difficulty permitting. Having mined the major alternatives to Bitcoin, namely Litecoin and Peercoin, I chose Anoncoin as an alt which offers real innovation. […]

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Creator of Litecoin on “Will Litecoin Overtake Bitcoin?”

Litecoin is the second most popular cryptocurrency after Bitcoin. Litecoin’s advantages over Bitcoin include its faster block confirmation times and scrypt hashing algorithm (to prevent ASIC mining). But will Litecoin ever see the massive success Bitcoin has seen and maybe even surpass it? Here’s what Litecoin creator Charles Lee has to say on the matter. […]

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Bye Bye BitMit, Hello Coinmart.co!

Cointrepreneurs around the world were sad to see Bitmit.net close their doors just a few days ago.  The race to build infrastructure to allow Bitcoin to be converted directly to goods and services is very very competitive.  Bitmit did a good job of emulating eBay’s model of auctions and some buyer and seller protection; however, […]

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Breaking News: HashCows Mining Pool Hacked

HashCows is one of those mining pools that auto-switches coins based on profitability. Unfortunately for its users, the site was just hacked a few hours ago. According to “nearmiss”, a site admin at HashCows, “There’s been a breach this afternoon with a number of users reporting payout addresses being changed and manual payouts being triggered […]

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Reserve Bank of India Cautions Against Bitcoin

Reserve Bank of India seal, featuring Shere Khan. The RBI (Reserve Bank of India) just issued a caution against Bitcoin. The announcement can be viewed on their official website. The full text is as follows: The Reserve Bank of India has today cautioned the users, holders and traders of Virtual currencies (VCs), including Bitcoins, about […]

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Breaking News: Online Dogecoin Wallets Hacked

Instadoge.net defaced with this picture, along with the text: “#team-ooga That makes 30m + 500k. Thanks.” and a link to a Dogecoin address, presumably belonging to the thief or thieves. Online Dogecoin wallets hacked, with over $13k worth of DOGE reported stolen so far. This is a sad turn of events for the generally light-hearted […]

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Meme Currency and the Future of Cryptocoins

If, in the year 2012, I told you that there would be a cryptocurrency based off a 4Chan joke (a popular internet message board), you might have laughed me out of the room, and with good cause.  While it may seem preposterous that a meme would turn into an online currency and gain real traction, […]

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