Monthly Archives: December 2013

With Chinese central bank making official remarks on Bitcoins advising Banks not to acquire BTC as a currency/asset, and the approaching Global Bitcoin Conference in Bangalore on December 14th  and 15th, heat is now on RBI to give its own … Continue reading →

While Bitcoin exchane prices plunged from the dizzy levels of $1342 to around $576 within a week (presently at $830)  reacting to the decision of Baidu not to accept Bitcoins, an interesting development was the development of a derivatives market … Continue reading →

Analysts at Bank of America’s Merrill Lynch wrote a 14 page reserach note to investment clients airing their view that “As a medium of exchange, Bitcoin has clear potential for growth”. (Refer article here) . It is also reported that BTC … Continue reading →

Bitcoin Mining is an activity where the computer tries to collect reported Bitcoin transactions during a period and bundle them into an electronic document that can be added to the current data base of transactions (i.e.The Block Chain). While adding … Continue reading →

One of the biggest challenges to the Bitcoin and other Cryptocoin systems is the robbing of their bitcoin holdings by criminals. Having adopted a peer to peer system for creation of the currency and challenging the fiat currency system, it … Continue reading →