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Bitcoin Center NYC – Bitcoin ATM – Info

Bitcoin Center NYC Home of NYC's Bitcoin Community!

September, 2017

A stunning development out of China came to light this morning. China banned ICOs meaning that any projects that are raising money through cryptocurrency are now not permitted in a country that is one that has a large number of its citizens involved in cryptocurrencies – to the point where some are leasing planes to ship graphics cards for mining. …

Looking Back: CNBC’s two thousand fourteen “Bitcoin Uprising” Special

Back in 2014, CNBC visited Bitcoin Center NYC as part of their special about Bitcoin. Take a look back in the past when Bitcoin was still a strange fascination. Observe the total twenty six minute movie for free on CNBC’s website.

Ethereum Co-Founder Fucking partners with Russian Bank

Vitalik Buterin, a co-founder of Ethereum has recently announced that he created an entity separate from the Ethereum Foundation, Ethereum Russia, and plans to use this to collaborate with Russian banks and universities. As of now, Ethereum Russia is partnered with one university, The National University of Science and Technology (MISIS) as well as one bank, namely Vnesheconombank (VEB) but …

“Banking on Bitcoin” grounds on Netflix! – Documentary ft. Bitcoin Center NYC

Banking on Bitcoin is a fine documentary to learn more about Bitcoin and its vibrant community. The filmmakers spent months with Bitcoin Center NYC founder Nick Spanos and other prominent characters from the Bitcoin industry. Now that it’s on Netflix, there is no excuse for not having seen this fine movie! Look it up or go after this link to see …

ICYMI: SegWit Officially Activated on Wednesday, August 23rd

As of block 481,824, Bitcoin received its largest protocol upgrade yet. Segregated Witness, or SegWit for brief, is the controversial, long awaited modification to the Bitcoin protocol that is effectively enlargening the blocksize by about dual. SegWit rearranges the blocks that store Bitcoin transaction data in such a way that it is expected that the individual blocks will be able …

Bitcoin’s Price Reaches An All-Time High Of Over $Four,000 – and At Least One Trader Believes That Is Just the Beginning

Bitcoin has recently made it through a chain split unscathed, due to the forthcoming lock-in of SegWit, a somewhat controversial solution to Bitcoin’s scalability issues. Shortly after the split on August 1st, which brought us Bitcoin Cash, in addition to Bitcoin, miners continued to signal for the activation of SegWit, an alternative scaling solution to enlargening blocksize. SegWit has been …

Bitcoin Locks In SegWit (Eventually)

In 2015, a concept to solve Bitcoin’s scalability issue was very first proposed. Today, a year and a half later, the widely accepted solution to Bitcoin’s scalability problem has been locked in earlier this afternoon, namely SegWit, or Segregated Witness. SegWit solves part of Bitcoin’s scalability problems by removing signature data from transactions, or ‘segregating’ it, permitting for more transactions to …

U.S. Sanctions Bill Includes a Provision on Cryptocurrencies

Just five days ago, President Trump signed a controversial sanctions bill into law that includes a petite provision regarding cryptocurrencies. The provision in question states: “[A] discussion of and data regarding trends in illicit finance, including evolving forms of value transfer such as so-called cryptocurrencies, other methods that are computer, telecommunications, or internet-based, cybercrime, or any other threats that the …

What is AntShares (NEO) and What is the Reason Behind its Meteoric Rise?

AntShares (recently re-branded as NEO), a relatively fresh crypto, has been liking a meteoric rise in value in the past month, and as such we should explore why NEO has liked its rise in price – closing in on a $1 billion market cap. Partnerships Fueling the Rise of AntShares NEO, previously AntShares is a Chinese-run blockchain similar to the …

Gemini & CBOE Team Up For Bitcoin Options Trading

Earlier this morning Gemini, the cryptocurrency exchange possessed and operated by the Winklevoss brothers, announced that they will be providing data to the Chicago Board Options Exchange (CBOE) in an effort to bring forward trading derivatives on cryptocurrencies. The agreement inbetween Gemini and CBOE is a massive step forward for the community, as it is likely that this stir will …

Updates in the Case Against the BitLicense

Those of you who have been following the news surrounding Fresh York’s Bitlicense may know of Theo Chino. His case against Fresh York’s infamous Bitlicense (he’s suing the State) has just recently been updated, whether that is a good or bad thing for his case is yet to be seen. The judge who had sided with Bitcoiners, Justice Lucy Billings …

How To Get Your Bitcoin Cash (BCH)

Yesterday, August 1st, the Bitcoin Blockchain experienced a hard fork, as we reported on in our last article. This fork brought with it a fresh form of cryptocurrency in the form of Bitcoin Cash (BCH). Everyone who has bitcoin in their wallet from before the fork automatically has the same amount in Bitcoin Cash. The problem lies in that one …

In the Face of a Fork, Bitcoin Shows No Signs of Slowing Down for “Bitcoin Cash”

Today, August 1st, 2017, the bitcoin network experienced a hard fork. This means that a portion of the Bitcoin community, particularly a large mining group, left the original Bitcoin blockchain and instead mine “Bitcoin Cash”, while the rest of the community proceeds to use the original blockchain. Albeit there is a group of Bitcoiners want to abandon Bitcoin in favor …

June, 2017

Gladiacoin: Very likely A Ponzi

With the cryptocurrency industry catching investors eyes, it is significant to distinguish scams from legitimate companies. On the previous post about ICOs, we discussed the steps and importance of conducting research before investing. GladiaCoin is a superb example of a company that does not sate the significant components: team, mission, social media, and history. After a thorough analysis, it became …

A Brief Guide to Investing in ICOs

Initial Coin Offerings, or ICOs, are a hot fresh area of investing. Trading on major cryptocurrency exchanges has gathered a lot of attention and brought almost $70 billion since late April. This growth has a lot to do with fresh coins emerging to the market and with the launch of the Initial Coin Suggesting (ICO) era. An ICO is a …

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