Sentences with phrase «bitcoin value transferred»

Over the past 24 hours, the blockchain has been inundated with small, spam - like transactions that are large in data size, but significantly small in bitcoin value transferred.

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The Crypto Company's runup came amid an explosion in investor interest in cryptocurrencies such as bitcoin, which promise to allow secure digital transfer of assets and value.

Bitcoin is a digital currency that enables individuals to transfer value to each other and pay for goods and services outside of the regulated financial system.

Bitcoin is digital currency used for secure and instant transfer of value anywhere in the world.

Bitcoin Cash is a global trusted computing network to transfer money / value.

People who use the bitcoin network for transferring value generally don't care about the exchange rate because they enter and exit the system fast enough to avoid being exposed to much volatility,» said Jameson Lopp, an engineer at a bitcoin startup in Durham, N.C.

Bitcoin is the first implementation of such a ledger and keeps track of value - transfer transactions.

In 2017 we've focused closely on bringing bitcoin's value to bear on the problems of high - value payments, which are often subject to slow bank transfer times or high processing fees and fraud rates with credit cards.

But as bitcoin began attracting greater attention from developers and technologists, novel projects began to use the bitcoin network for purposes other than transfers of value tokens.

Bitcoin opens the doors for many things, such as a way to transfer value to anyone in the world in seconds, for just a few cents.

Citing a technical issue with the Bitcoin protocol that could allow fraud, Mt. Gox on Feb. 7 suspended bitcoin transfers to external addresses, a move that was followed by a plunge in the value of the digital cuBitcoin protocol that could allow fraud, Mt. Gox on Feb. 7 suspended bitcoin transfers to external addresses, a move that was followed by a plunge in the value of the digital cubitcoin transfers to external addresses, a move that was followed by a plunge in the value of the digital currency.

Bitcoin shines in providing fast settlement times and affordable transfer costs for high - value payments, and we hope bitcoin users will take advantage of these strBitcoin shines in providing fast settlement times and affordable transfer costs for high - value payments, and we hope bitcoin users will take advantage of these strbitcoin users will take advantage of these strengths.

Transaction or «use» demand will also increase because of Bitcoin's capacity to administer countless economic and social functions beyond value transfer, including messaging, proof of authorship, land and title registry, and identity / naming.

The capacity of the Bitcoin protocol to transfer and store value in exciting new ways will produce transaction demand — supplanting speculative demand, which today dominates because of anticipated price appreciation.

A Reddit consumer even claimed to have transferred $ 16,000 value of bitcoin (~ 2 BTC) for as little as $ 0.20 in charges.

From cutting costs to reducing risks, this indomitable digital technology has moved way beyond bitcoin to becoming an indispensable ally to the bank that wants to most securely and efficiently fulfill its role of tracking, storing and transferring value.

If it's not bitcoin used to transfer value, then what prevents Abra (or anyone else) from just printing money out of nowhere?

Or (option 2) will there be $ 500 in USD and the bitcoin that I'm transferring will stay as Bitcoin — an additional B1 ($ 1200 value) or so in my wall as bbitcoin that I'm transferring will stay as Bitcoin — an additional B1 ($ 1200 value) or so in my wall as bBitcoin — an additional B1 ($ 1200 value) or so in my wall as bitcoinbitcoin?

What is slowing down abra from working with other new currencies and regions of the globe «with a wallet app that leverages Bitcoin to provide a secure means of storing and transferring value»?

Additionally, FinCEN claimed regulation over American entities that manage bitcoins in a payment processor setting or as an exchanger: «In addition, a person is an exchanger and a money transmitter if the person accepts such de-centralized convertible virtual currency from one person and transmits it to another person as part of the acceptance and transfer of currency, funds, or other value that substitutes for currency.»

It is important to point out the fact that last year, bitcoin transaction fees skyrocketed to a new all - time high, as people saw fees as high as $ 55 for relatively small transfers of value.

Bitcoin becomes the protocol for all transfers of value, creating new visibility into financial markets and transforming the services around these functions.

Just like with instant payments, expensive on - chain Bitcoin transactions do not mean that one can not use Bitcoin for cheap value transfer.

These proposals were hard forks, meaning that their implementation could break Bitcoin as a system for value transfer (http://wallstreettechnologist.com/2015/08/19/bitcoin-xt-vs-core-blocksize-limit-the-schism-that-divides-us-all).

This could disrupt the global remittance market, valued at $ 514 billion in 2012, by providing a less expensive method for direct transfers globally.8 Current providers may be forced to lower fees or be replaced by entrants like BitPesa, a mobile payment application for Bitcoin in the developing world.

Bitcoin is digital money used for secure and instant transfer of value anywhere in the world.

The «cross-ledger» scenario refers to what are commonly known as «cross-chain atomic swaps,» the transfer of value between two separate Blockchains, which is a principal goal of the Lightning Network for cryptocurrencies such as Bitcoin and Litecoin.

Bitcoin does not need to be everything: it only needs to be a system to store and transfer value.

Because Bitcoin is a decentralized currency, it allows anyone to accept a private digital transfer of value from anyone else in the world instantly.

Clearly, a range of merchants is willing to price in and accept Bitcoin (and Airpoints) in exchange for goods and services, and they can be used to transfer value from one person to another (albeit that Airpoints transferability is somewhat limited), and thereby settle debts.

A sum of Bitcoin (or Airpoints) can be held for a period of time as a store of value to be transferred or redeemed in the future, albeit that the terms of exchange may be different to those prevailing when the unit of currency was first acquired.

Bitcoin appears to have been a convenient method of transfer of value as speculators have also taken advantage of the prevailing demand for the cryptocurrency.

Bitcoin offers, for the first time, a method for transferring value and making payments from anywhere to anywhere, in real - time, without any intermediary.

As a result of the recurring transfers of Bitcoins to pay the Sponsor's Fee and the Trust expenses not assumed by the Sponsor, the net asset value of the Trust («NAV») and, correspondingly, the fractional number of Bitcoins represented by each Share, will decrease over the life of the Trust.

Many expect that the principles of Bitcoin can be applied to the Large Value Transfer System and other settlement systems in Canada to decrease costs and make financial systems more robust.

Bitcoin proved that you didn't need those intermediaries to eliminate the double spend problem, and that you could transfer digital value from one person to another, directly, within minutes, anywhere in the world.

Having a two - step process (first, get bitcoins; second, transfer bitcoins to the provider of the investment opportunity) does not keep the investment from being one of value, and in the eyes of the Texas court, from being one involving money — since bitcoins are exchangeable for several world currencies.

Bitwage's international payroll solution accepts and pays out in fiat currency, but uses bitcoin in the middle to transfer the value from one place to another.

The Bitcoin community believes that more liquid trading will help stabilize bitcoin's volatile price and turning it more appealing for online payments and value traBitcoin community believes that more liquid trading will help stabilize bitcoin's volatile price and turning it more appealing for online payments and value trabitcoin's volatile price and turning it more appealing for online payments and value transfers.

According to Kelly, Bitcoin is a payment system, a method for transferring value and information, and a tool for clearing and settlement.

Bitcoin was the first successful implementation of a blockchain, and it's optimized almost entirely for transferring value securely over the Internet.

As we have learned, Bitcoin is a decentralized ledger and system of value transfer which uses a token called bitcoins.

So even if Bitcoin Futures could cause a short term price crash, the underlying basic value of the new money transfer technology will likely continue to rise in value in the longrun.

The point of Bitcoin is that it brings an entire new underlying finance system which is borderless, neutral, peer - to - peer, (relatively) anonymous and instant — it's a new way to transfer value all over the world, where no bank and authority is needed anymore.

Transferring bitcoins costs just a few pennies and you can send as much value as you want.

The transfer of value from Bitcoin to Bitcoin Gold will happen in a ratio of 1:1.

When specifying the value to be transferred, it can be in any number of multiples of the Satoshi as long as it does not exceed the value «held» in your bitcoin wallet.

The long - awaited bill, which goes into effect on April 1, still does not recognize bitcoin as a currency, but it has accepted that bitcoin and other cryptocurrencies have «asset - like values» that can be used «as payment to indefinite parties for the cost of purchase or rent of items or receipt of services and which can be transferred by means of electronic data processing systems,» explained Bitflyer exchange.

One of the main issues that has held back the adoption of Bitcoin as a network for value transfer on the Internet is that it's too difficult for the average person to figure out how to use it.

Bitcoin is a margin clerk's dream come true: near - instant peer - to - peer value transfer!