Sentences with phrase «about bitcoin on»

Ben Bernanke didn't have nice things to say about bitcoin on Monday, and dismissed any notion that blockchain currency could rival government - controlled fiat money.

Vitalik Buterin, the co-creator of Ethereum, took apart a Deconomy talk about Bitcoin on Twitter.

The Financial Industry Regulatory Authority (FINRA), the largest independent regulator in the US, issued an investor alert about bitcoin on 11th March, calling the digital currency «more than a bit risky» as part of a new warning to consumers and investors.

First, some background on me: I first used bitcoin in 2011 and have been writing about bitcoin on a full - time basis since early 2014.

Being both of these, Bitcoin hit my radar almost immediately when Satoshi posted his original white paper about Bitcoin on October 31 2008, and subsequently the first version of the Bitcoin client software on January 08 2009, to the Cryptography email list.

Besides talking about Bitcoin on the news and at conference, he also invested in numerous Bitcoin companies through his Bitcoin Opportunity Fund.

Not exact matches

So by making roughly $ 2,555 a year through mining (at the current price of bitcoin), I'm on track to pay off the extra parts I bought for mining in about 230 days.

You can read more about the crypto boom in Fortune's January cover story on Bitcoin's rise.

In January 2009, Wilcox became perhaps the first person ever to blog about Bitcoin in a post titled «Decentralized Money» on his personal blog, Zooko's Hack Log.

The author of «The Bitcoin Big Bang — How Alternative Currencies are About to Change the World» breaks down the basics of how digital currencies work and explains how investors can get in on the action.

How concerned are you about the fact that your margin requirements are going to be in cash versus like on the BitMEX exchange people are holding their their margins in bitcoin.

«One of the things that really drew me to the cryptocurrency ecosystem early on in 2012, 2013, when I started getting involved in Bitcoin, was the fact that it was a true intellectual meritocracy,» Demirors says on the latest episode of «Balancing the Ledger,» Fortune's show about the intersection of finance and technology.

Treasury Secretary Steven Mnuchin has been vocal about bitcoin's ability to aid criminals, telling CNBC in Davos in January his main focus on cryptocurrencies is «to make sure that they're not used for illicit activities.»

Though the committee didn't offer details on how the banking industry might incorporate bitcoin into its business, it was optimistic about the currency's potential effect on the economy:

Mt. Gox's bankruptcy trustee, Nobuaki Kobayashi, disclosed on Wednesday in Tokyo that he sold about $ 400 million of Bitcoin and Bitcoin Cash since late September, part of the hoard left behind when the exchange collapsed four years ago.

By contrast, you'd pay the lower capital gains rate of about 15 percent to 20 percent on transactions for Bitcoin held as an investment, for example if you obtained it on an exchange.

But this brought out the final question of the day, about whether the block chain, not Bitcoin, will have the biggest impact on financial services.

Even if doubts about their reputation makes bitcoin devotees cautious, the twins are betting on the rising price of the currency.

Based on back of the envelope calculations and estimates from Fundstrat, Bitcoin valuation could shed another $ 37 billion in the near future, falling to about $ 99 billion in market capitalization.

However, when Bitcoin suddenly shot up on Thursday, the online chatter was mostly about the White House's military threats against Russia in Syria, its sanctions on Russia and its tariffs on China, with people speculating that Russians and Chinese might be buying into Bitcoin to quietly get their money out of those countries.

With news of Google banning cryptocurrency - related ads and the International Monetary Fund advising increased regulation on the asset, the price of Bitcoin, Ethereum, and Ripple continued their slide Thursday, wiping out about $ 499.2 billion of the market value of over 1,500 cryptocurrencies since their collective all - time high in early January.

On Wednesday, Paul posted answers to a pair of questions about his positions on marijuana and BitcoiOn Wednesday, Paul posted answers to a pair of questions about his positions on marijuana and Bitcoion marijuana and Bitcoin.

Eugene Rubinchuk, a vice president and part owner at the dealership, which sells used cars with prices ranging from under $ 15,000 to an $ 89,000 Bentley, says he saw posts about extravagant cars like Lamborghinis bought with bitcoin on Facebook.

Back then, the bitcoin stash would've gone for about $ 400,000, but with today's rate, the rapper would've been sitting on nearly $ 8 million.

«I'm very excited about Ethereum,» says Chris Dixon, a general partner at Andreessen Horowitz, a venture capital firm in Silicon Valley that got into the Bitcoin game early on.

A Bitcoin that was shown during a segment on Bloomberg TV was immediately stolen by an observant Reddit user, providing the host and his audience with a valuable lesson about security and digital curr...

«We also have the threat and lack of clarity about regulations which is also weighing on the entire cryptoasset space, not just bitcoin,» Tatar said, adding that any break below $ 8,000 «will be disconcerting.»

Bitcoin went on to enjoy a huge run - up; as a point of comparison, in an unrelated auction this January, the marshals sold off 3,813 Bitcoins and netted $ 45 million — or about $ 11,800 per coin.

The JPMorgan Chase CEO had gone on a tirade about a certain well - known cryptocurrency — people who purchase Bitcoin are «stupid,» Dimon said at an industry conference, and governments will one day «crush» the stuff — and Ludwin was aghast.

If you're still sketched out about doing business in Bitcoin — or you got cold feet on the heels of the U.S. Consumer Financial Protection Bureau's recent advisory warning on the topic — White recommends you reconsider.

Yes, you should report these gains on your tax return, but strictly speaking the government might not have a way of ever knowing about them, unless the bank account you used to purchase bitcoins gets audited.

The biggest reason is blockchain technology — the underlying technology that makes Bitcoin work — about which Forde recently spoke to my colleague Will Yakowicz on the Inc Uncensored Podcast.

But I'm not going to talk about bitcoin anymore,» said Dimon in response to a question during the bank's third - quarter earnings call with media on Thursday.

Mnuchin remarked on the process during an appearance at The Economic Club in Washington, D.C. after being asked about the topic of bitcoin.

So boasted a post this week on the largest Reddit forum about bitcoin, touting the group's substantial growth recently.

As Bitcoin's price went on a wild roller coaster ride in recent months, we joked about getting back in.

We are periodically providing information about the most profitable Bitcoin cloud mining services based on our real contracts with the providers seen in the table above.

While it's still a far way off from the record high price of $ 20,089 set on Dec. 17, 2017, the price of bitcoin has risen about 36 % in the past five days.

That was on full display the weekend of March 17, as Bitcoin shed about a fifth of its value (dropping below $ 950 at one point, before bouncing back to about $ 1,050 on Monday) as an increasingly bitter split in the developer community behind Bitcoin threatened to split it into two competing currencies.

Go back to mid-January, when Bitcoin was worth about $ 800, and that's a 2,000 percent return on investment.

Yesterday, Treasury Secretary Steven Mnuchin broadly addressed the government's interest in monitoring bitcoin transactions, worrying about the prevalence of cryptocurrency usage on the dark web.

Then, on December 1, 2017, the CFTC released a statement about its due diligence and market oversight after CBOE, CME, and Cantor self - certified new contracts for bitcoin futures products.

Also, if you have an interest in Bitcoin, Litecoin or any of the other crypto currencies then you might enjoy learning more about the cryptography they're based on.

WASHINGTON (Reuters)- U.S. regulators may ask Congress to pass legislation to improve oversight of virtual currencies like bitcoin amid concerns about the risks posed by the emerging asset class, the head of the Securities and Exchange Commission said on Tuesday.

Bitcoin cash surged up by more than a 100 percent on Saturday to a high of about $ 2,800, before it crashed back to about $ 1,360 in one of the greatest «pump & dump» situations seen in a long time.

On OKCoin, bitcoin fares only slightly better at about $ 3,060.

But it presents a double bind: bitcoin is pseudonymous, allowing folks to buy meth with a degree of privacy, but it's also set up so that every transaction is traceable on a public ledger called the blockchain — not exactly ideal if you never, ever, ever want anybody finding out about your online habit.

Consequently, r / MtGox is focused on discussion about Bitcoin trading.

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At the same time, there are fresh concerns about the security of bitcoin and other virtual currencies after NiceHash, a company that mines bitcoins on behalf of customers, said it is investigating a breach that may have resulted in the theft of about $ 70 million worth of bitcoin.