Serious Bitcoiners, there is now a censorship free way to register domain names without government approval based on bitcoin technology and it is called namecoin but it is NOT a competitor to bitcoin. It could save bitcoin from censorship one day so know this.
Its not like litecoin or other competitors.
It is a Website domain service that stores domain names and your ownership of them in a blockchain . (Brilliant right!)
People need to know about this because if governments one day decide to start censoring things like they did with say piratebay or wikileaks then this is a way to have domain names that don't require government approval.
Take a minute to learn about it.
It is very clever. It is to domain name registration what bitcoin is to money.
Now we just need to get Firefox and chrome and other browsers to integrate it into themselves so configuration by the user is not needed. In the mean time maybe someone knows of some add-ons to browsers that might help do this so people don't have to configure end files on their computers?
Disclosure: I have no involvement with namecoin and am talking about it ONLY because it is related to bitcoin technology and may be very helpful one day in safeguarding bitcoin or other things from censorship in some countries. I am just learning about this myself.
See the original article here:
big 20 minute slot about bitcoin just now on NHK TV, Japan. (NHK is Japan’s national broadcaster, and the slot was presented by their 2 main news anchors!)
someone else will fill in more details, but this is pretty massive news.
They briefly mentioned a couple of the obvious downsides in the last 2 minutes or so (drugs / fake passports / no regulation), but the whole thing was overall quite informative and balanced, and a great introduction to the Japanese public, who in general still don't know about this technology.
They even showed how it cuts out the banks as the middle man, and how people are uneasy with their money in banks after cyprus.
Hopefully someone will get this on youtube or something with subtitles soon, but yeah…
crack open the Champagne on this one! The bitcoin seed just opened its shell and started germinating here in Japan!!!
edit: sorry, i was pretty hyped/excited…. didn't actually look at my watch or anything. Was maybe a 5-10 minute segment in hindsight….but still, felt like a feature length movie. They packed a lot in.
edit 2: spelling
See the original article here:
Discovered Bitcoin while deployed
Our base in Afghanistan has a couple Bazaars where you can purchase local goods. They usually accept $USD or “eagle cash” which is basically a card we can load with money from a checking account. I walked by one merchant today, however, who had a QR code with the bitcoin symbol on his table. I asked him what it was, and well, long story short here I am! I still have to wait a couple days before my bank account is validated so I can transfer, but I plan to do all my local Christmas shopping now with it. I was already going buy a bunch of goods to send back home to family, but now I'm doing it in bitcoin to spread some of the BTC love 7,000mi away.
I'm still learning, but it's crazy I discovered this here of all places…as a currency it actually fits nicely in this situation and I hope it catches on (a lot of people have run into issues with identity fraud, stolen card info, or other problems while trying to buy things overseas with all the traveling we have to do).
See the original post: http://www.reddit.com/r/Bitcoin/comments/1s2n9n/discovered_bitcoin_while_deployed/
Big banks fear Bitcoin because Bitcoin means business …
It's no secret that some major banks aren't really all that enamored with Bitcoin and other cryptocurrencies. Last month there were reports that US banks like Wells Fargo, J.P. Morgan Chase, Bank of America and Citibank were …
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Swiss secure email provider now accepts bitcoin for their services.
| submitted by katakito
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Will Bitcoin Thefts Hurt the Cryptocurrency's Growth? | Motherboard
When Bitcoin was making news back in 2012, fascination seemed to be fueled by either crypto-anarchist dreams or Ponzi scheme fears. Anonymous, secure, and insulated against fiat currency inflation, it had the feel of a tool …
Australia’s first and largest NFC online store accepting Bitcoin! shameless plug.. thanks all :)
| submitted by nfcwirelessoz
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Don’t deposit into BTC-E, withdrawals aren’t working (upvote for visibility)
Hey guys. I've read a lot on Reddit lately about BTC-E having some weird, potentially scam like behaviour. As of right now, lots of people are unable to do any withdrawals because they're not receiving withdrawal confirmation emails. Do not send any coins or Fiat to BTC-E until they fix this, it may be that they're having email issues, but it also may be that they're running off with users funds.
The weird thing is I still get login auth emails, so if their email system was broken, why am I still receiving those? Something very fishy going on. Be very cautious.
Edit: It seems a few people are able to get withdrawals through, and others not. At this point it appears to be selective, either based off amount, or an intermittent email problem. If you've done a big withdrawal (5 BITCOIN or over) since this post, and you received the email, please let us know in the comments. As you can see by the comments there have been a lot of suspicious problems emanating as of this month. In any case, I would highly recommend avoiding deposits until this problem is non existent. I've raised a support case, I'll update this thread if and when I receive a reply, but I'm not holding my breath, support tends to be very slow or non-responsive I've noticed.
Edit: I just tried another withdrawal, this time 1 Bitcoin, no email for that either. I'm using gmail by the way, so it's not an email service issue.
Edit: Looks like CoinDesk have been noticing reports of issues too: http://www.coindesk.com/btc-e-exchange-banking-issues/
Update: I've managed to get around this by converting my Bitcoin into Litecoin and withdrawing those instead. So to recap:
- Attempted WD of 4.5 BTC, no confirmation email.
- Attempted WD of 1 BTC, no confirmation email.
- Attempted WD of 1 LTC, confirmation email was received.
- Converted all BTC to LTC and withdrew those (160LTC), confirmation email was received.
Further Update: BTC-e just posted this on twitter: Email issues fixed #btce
However, my funds are still missing, and I still haven't received any emails. I can't even test any further withdrawals at this point because I have no balance left now.
We are the power (:
| submitted by PHPLego
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National Bank of Korea considers recognizing bitcoins as currency
| submitted by bitcoinasia
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Interesting Side Effect of Switching to mBTC
Is it just me or does the price seem much less volatile when viewed as mBTC?
I know it's exactly the same…
But psychologically, a drop from $1.20 to $.90 sounds a lot better than $1200 down to $900.
India Wakes Up to Bitcoin
| submitted by Tulumbo
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