Bitcoin News 17 January 2017

Bitcoin today, the Bitcoin price has started to move as we it pushing past $850 and beyond. Interesting week as we are coming up to the inauguration of President Donald J Trump on Friday. We expect volatility in the markets, both traditional as well as Bitcoin. Donald Trump is making volatility great again! Other news headlines – Gold and Bitcoin Form Symbiotic Relationship; As People’s Bank of China Sends Bitcoin Spiralling Down the Centralization Era Comes for Bitcoin; Digital currency exchange Coinbase has issued new comments in its ongoing dispute…

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Once on the Blockchain, always on the Blockchain

The Blockchain is the technology behind the digital currency Bitcoin. The blockchain is a secure, distributed and database, basically a shared public ledger of data and it is immutable – once on the blockchain, always on the blockchain. As transactions are verified on the blockchain, the confirming miners in the decentralized network are rewarded in Bitcoin. There is much excitement around the blockchain and the potential uses thereof, such as contracts, shipping, food safety… ROMANCE and LOVE letters too! “Block number 448064 on the Bitcoin blockchain contains a cryptic and…

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The Blockchain could change our lives forever

The Blockchain has most certainly been in the spotlight of late as more industries are focusing on how the technology can make a difference in their line of focus.  2016 saw collaboration between countries, large corporations, consortium’s and various stakeholders with substantial capital investment. Here is a definition on what the Blockchain is: “It is a distributed database that maintains a continuously-growing list of ordered records called blocks. Each block contains a timestamp and a link to a previous block.  By design blockchains are inherently resistant to modification of the data…

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An Introduction to We Trust – a reciprocal aid platform powered by the Blockchain!

Introducing Patrick Long and George Li from We Trust, based in San Francisco who are building a collaborative lending and insurance platform on the blockchain aka ROSCA. “What is ROSCA? Simply put, it is a Mutual Insurance organization where voluntary participants play the role of both customer and shareholder. They exist in many forms around the world including rotating savings and credit associations (referred as ROSCA from hereon in this document, also known by different local names globally), mutual insurance groups, fraternal organizations, religious groups, and professional societies. In these…

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What is Bitcoin and the Blockchain?

What is Bitcoin and the Blockchain and how do they work together? This is a short overview of just that… Bitcoin is the Internet of Money and the Blockchain is the technology behind it. Watch this explainer video to learn more!   Collect Your Free PDF – The Bitcoin Believers Business Manifesto Please leave your comments below       &nbsp

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What is a Bitcoin “unconfirmed transaction”?

What is a Bitcoin “unconfirmed transaction”? Many people are transacting with Bitcoin these days with more joining daily. Find out more about transactions by watching this video to learn more! More Frequently asked questions answered in video here http://bit-media.org/frequently-asked-questions/   This video was sponsored by Swiss Bank In Your Pocket which is an offline wallet, vault and integrated suite of banking applications for digital currency – safe secure and private. ORDER YOURS TODAY – Click here http://swissbankinyourpocket.com/?ref=5 Connect with us on the Bit-Media Facebook page https://www.facebook.com/bitmediacommunity/ like us and share…

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Can Bitcoin be hacked?

Can Bitcoin be hacked? This is a question that confuses many. What is the difference between Bitcoin and a Bitcoin business being hacked? Watch this explainer video to learn more! This video was sponsored by Swiss Bank In Your Pocket which is an offline wallet, vault and integrated suite of banking applications for digital currency – safe secure and private. ORDER YOURS TODAY – Click here http://swissbankinyourpocket.com/?ref=5 Connect with us on the Bit-Media Facebook page https://www.facebook.com/bitmediacommunity/ like us and share our posts please… let us all educate as many people…

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What is Bitcoin halving?

What is Bitcoin halving, why and when does it halve? Bitcoin has been coded to only create 21 million coins… watch this video to learn more. Frequently asked questions answered here http://bit-media.org/frequently-asked-questions/ This video was sponsored by Swiss Bank In Your Pocket which is an offline wallet, vault and integrated suite of banking applications for digital currency – safe secure and private. ORDER YOURS TODAY – Click here http://swissbankinyourpocket.com/?ref=5 Connect with us on the Bit-Media Facebook page https://www.facebook.com/bitmediacommunity/ like us and share our posts please… let us all educate as…

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What is the Bitcoin Blockchain?

Bitcoin Blockchain:   This education video is part of a Bitcoin Education Series on the Bit-Media YouTube channel. These are the questions discussed:- What is the Bitcoin Blockchain? How does the Blockchain work? Where does Bitcoin fit in? Who controls the Blockchain? Can anyone have access to the Blockchain? How is the Blockchain different to Banking ledgers? What is double spending? Can transactions on the Blockchain be duplicated? Can transactions on the Blockchain be erased? What types of transactions can be stored on the Blockchain? What about companies or banks…

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The BIG 5… but you ain’t seen nothin’ yet!

Bitcoin and Blockchain has taken it’s rightful place in mainstream media this week. The Blockchain Consensus 2016 conference in May showcased numerous innovations and most of the exciting is in the Financial world.  Multiple uses for blockchain technology are being developed across various industries and soon there will be millions of users worldwide.  You ain’t seen nothing yet! According to Daniel Roberts, these are the Big 5 news items to come out of the Consensus conference:- 1.  Creator claim – much skepticism around Craig Wrights claim to be Satoshi Nakamoto. …

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