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Showing posts with label Bitcoin news. Show all posts
Showing posts with label Bitcoin news. Show all posts

Wednesday, February 12, 2014

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BitCoin users decided to destroy their Apple phone.




The output applications Bitcoin market Apple has made the air criptodivisa users who chose to use an iPhone. Some have taken to heart as they decided to destroy their phones and record the event in video.
"Users Blockchain put to work and destroyed several iPhones"
Users Blockchain a Bitcoin portfolios that were expelled from the App Store, they set to work and destroyed several iPhones, in response to Apple's attitude about sharing applications criptodivisas.
The virtual currency has had ups and downs, and even though its value had exceeded $ 1,000 per unit, had a strong fall that left her $ 120 first and then rose to $ 730 USD.
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Bitcoin : A portal tomb hacking transaction 'Bitstamp'




BitStamp , one of the leading portals to operate with virtual currency ' Bitcoin ' , has announced that it involves transactions with this currency due to a computer denial of service attack that prevented check the balances of their customers.
Bitcoin : A portal tomb hacking transaction ' Bitstamp ' Bitcoin : A portal tomb hacking transaction ' Bitstamp '

BitStamp , one of the leading portals to operate with virtual currency ' Bitcoin ' , announced suspending transactions with this currency due to a computer denial of service attack that prevented check the balances of their customers.

"It has been temporarily suspended withdrawals with Bitcoin due to inconsistencies in the results reported in our portfolio caused by a denial of service attack ," says the website in a statement. Users will not operate until the problem is solved and transactions ordered 10 and February 11 will be canceled.

As he explained to Bloomberg Andreas Antonopoulos, Blockchain.info expert , " is an annoying attack does not mean that the funds were lost . What happens is that the bank reconciliation system slows down ." In your opinion . transactions will resume soon.

Another of the most popular to operate Bitcoiin , Mt Govx sites , resumed a few days ago its operations after being forced to stop them because of a computer glitch that affected accounting systems .
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The perfect storm of Bitcoin



Bitcoin , the most popular of the criptomonedas in circulation, has been attacked on multiple fronts during the last week .

The first blow was struck when Apple removed all iOS apps intended for virtual currency , caused the spread as many videos Bitcoin enthusiasts destroying their Iphones .

Soon after, Russia entered the ring and delivered a painful uppercut when the Attorney General ruled that anonymous payment systems criptomonedas not be used by individuals or legal entities.

Then came the most publicized episode of recent times . According to Andreas Antonopoulos, Blockchain.info security chief and one of the biggest promoters of Bitcoin since its inception , said several bags criptomonedas were victims of a massive and concerted cyber attack .

The initiative, which mainly affected the Mt Gox and Bitstamp sites , produced a series of transactions for each real operation apocryphal in order to " create a fog of confusion across the network ." Fortunately , there were no reports of lost sums.

This accumulation of uncertainties contributed to its price down from $ 700 to $ 540, but eventually recovered and currency trading at about $ 650.

Bitcoin survived , as it did in the past after battles with the Chinese government . Its value became stabilized . However, their technical vulnerabilities were visible . The next few weeks will be critical to assess how criptomoneda takes the path of popular adoption.
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The ideology supporting Wikileaks, Pirate Bay or Bitcoin



When he arrived in Paris , saying he was a communist , Lucio Urtubia , Navarre mason nearly bankrupting the U.S. bank Citibank in the 70 after faking 200,000 travelers checks to finance the armed struggle of various leftist movements in Latin America, its colleagues, including Albert Camus and André Breton, he was told that he was an anarchist , "I did not know ."

Today , the global village is full of criptoanarquistas who have probably never heard of a word for a minority ideology , however , is behind some of the most important milestones in the recent history of the network, since bitcoin and drug haven in cyberspace , Silk Road , through Wikileaks and Edward Snowden case , until the rise of the transmission of files using P2P and its most popular manifestation , piracy , in this case outside the law.

Like any ideology , there are good and bad criptoanarquistas . However, it is interesting to see how everyone is being persecuted for various reasons, in some cases rightly so. In others, political, he is producing a hunting brujasEn a recent interview in Wired Patrick Byrne, the messiah of bitcoin , CEO of Overstock , one of the largest retailers in the world of criptomoneda , with annual sales of 1.3 billion , the editor Cade Metz launched a similar approach to that found in Paris Uturbia Lucio : " it's probably a criptoanarquista , but still do not know ."

The black market is reprehensible Silk Road , but the monetary system based on bitcoin on which is founded not , and neither are the objectives of Wikileaks. The same applies in the case of the distribution of copies protected copyrighted , criminal activity , on the contrary that the legitimate file transfer peer to peer networks.

Like any ideology , there are good and bad criptoanarquistas. However, it is interesting to see how everyone is being persecuted, in some cases for political reasons, in pursuit of a witch hunt characterized by abuse of power.

real consequences

The origin of criptoanarquismo is virtual, but it is not an unrealistic phenomenon . The consequences of actions inspired by this ideology have very real consequences : keyborard away from , as they refer to real life hacker slang . Just ask Ross Ulbrich , criptoanarquista manual : the perfect child who created a drug empire on the Internet now faces a life sentence , charged with four counts related to drug trafficking and money laundering .

The trial of the founders of The Pirate Bay, the most popular torrent search engine in the world, has been one of the most important developments in recent years in Sweden . Each was sentenced to a year in jail and a fine of 905,000 million. His statements during the trial , many collected in the documentary released by The Pirate Bay last year, no waste : a relentless show contempt for the rules of the system , beyond the mainstream style of Kim Dot Com.

Gottfrid Svartholm Warg , co-founder of The Pirate Svartholm Warg BayGottfrid , co-founder of The Pirate Bay

Currently, Gottfrid Svartholm Warg , one of the founders , is in custody in Denmark accused of a crime of hacking for attacking a company that housed police records , including those for driver's licenses and numbers personal identification.

While Edward Snowden remains hidden in Russia , a nation that has been granted a temporary political asylum Julian Assange on Monday completed 600 days held at the Embassy of Ecuador in United UnidoPor Meanwhile, Edward Snowden and Julian Assange, criptoanarquistas political profile , abandorados freedom of expression and the protection of privacy on the Internet against Big Brother , have not fared much better . While the U.S. remains hidden in Russia , a nation that has been granted temporary asylum , and Australia met last Monday 600 days held at the Embassy of Ecuador in the UK, where he fled to avoid being extradited to Sweden and then to the U.S..

Their stories are the best known , but the recent history of the internet is full of criptoanarquistas that ended badly . If instead of separately observing the facts , draw a map of the most important cases of hacktivism in recent years to see the profile of its protagonists share criptoanarquismo pattern .

For example , the case of British journalist Barrett Brown , who last January 24 met 500 days locked up in a federal prison, awaiting a trial that will begin in September for having denounced the Team Themis project , revealing the links between private security companies and the U.S. government . Or Aaron Swartz , the young hacktivist who committed suicide under mysterious circumstances in 2013 after being arrested for publishing secret documents from MIT and the Federal Court of the United States.

From theory to practice

Like any ideology, criptoanarquismo has its own manifesto . In this case, the Cyphernomicon , a text published in 1994 by Timothy C. May, although there are several updates , the latest 2011. This document defines criptoanarquismo rescuing given by the American science fiction writer Vernor Vinge , who describes him as the embodiment of anarcho-capitalism cyberspace , an ideology more historical journey meaning .

In essence , the ideology of criptoanarquismo defends freedom of the individual in the network, advocating the use of any cryptographic tool to avoid interference of justice or the state.

Ross Ulbrich , now in jail for creating a drug empire in Silk RoadRoss Ulbrich , now in jail for creating a drug empire in Silk Road

The bitcoin ( and other virtual currencies ) is , for now, the Sistine Chapel criptoanarquismo . His emergence has generated realities unthinkable five years ago , since the founding of a real country in Japan that has adopted bitcoin as a basis of its financial system to the installation of ATMs at street bitcoin . More importantly, a market worth hundreds of millions of dollars.

Indeed, one of the last confessed criptoanarquistas associated with firearms . His name is Cody Wilson , but is best known for creating Liberator , gun reproduced with a 3D printer whose planes spread freely in the Tor anonymity network REDLA , where it operates Silk Road, is another great criptoanarquista work. Originally , its objectives have to do with defending the privacy of users in their online communications, but it is true that the deep web , perhaps because the average user is not technically ready for use , has been taken by including the dissemination child pornography and trafficking of drugs or weapons. In any case , had never been so many applications based on cryptography to protect user privacy . And the future of the world depends on a technology with cryptographic applications : quantum computing.

One of the last confessed criptoanarquistas is also related to firearms . His name is Cody Wilson , but is best known for creating Liberator , gun reproduced with a 3D printer whose planes spread freely in the network. Considered by Wired magazine as one of the fifteen most dangerous people in the world system , in 2013 launched a bitcoin wallet.

If we talk about P2P , piracy represents the end of criptoanarquismo in the field of free movement of information. Against this trend, worldwide there is an emerging ecosystem of startups based on this technology are capturing part of the business in traditional sectors such as banking, field which features a Spanish pop company Kantox specializing in transfer rates for peer to peer .

Towards ciberutopismo

Shares of cyber espionage NSA and other electronic armies of the first powers of the world would be a kind of criptoanarquismo of State, both of which have defected Edward Snowden as the soldier Bradley Manning , head of the biggest leak in the history of United USA .

In the case of Wikileaks, the platform advocated by Baltasar Garzón is also related to the ciberutopismo , close to criptoanarquismo in the field of individual liberty ideology and open information . His ideology is less individualistic , relying on the joint action of civil society on the Internet . In fact, ciberutopismo is present in the media social movements in recent years , from the Arab Spring , to the Spanish March 15 movement , to Occupy Wall Street U.S. .

In Spain , the X Party, launched last year , also fits within this ideological trend that sees state management through the participation of citizens in government decisions by telematic means. If criptoanarquista thought developed in the underground network channels , the ciberutopismo , there are reminiscences of the origin of the Zapatista movement , owes its success to the boom of social networks .

It seems that the system does not fear ciberutopismo . His most annoying actions , echoing in the real world , such as spontaneous demonstrations are easy to disable through preventive laws , the style of the new Public Safety Act is being debated in Spain , and has already earned the label of law gag for its imposition of a system of fines , also on the Internet .

The scariest criptoanarquismo is unpredictable because it depends on the technique and touches the heart of the system. As the ten point declaration of independence of cyberspace says another criptoanarquista classic, written in 1996 to protest the Telecommunications Act in the United States : "There is no matter Our identities have no bodies , so , unlike you . we can not obtain order by physical coercion. "

Tuesday, February 11, 2014

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Change of plans for Bitcoin: Rally?



He is drawing a mega figure to make way for a major rally. As mentioned in another article, in 1240 BCTUSD is the technical maximum of a first phase and since then we are in bear market , we're back around , meet or even exceed this level .
I estimate that in 1240 has ended up a great wave that has since been corrected , with the fall from there to 455 ( A) the first part of a large ABC . Since 455 we had a rally ( a) to 1096 and from there a drop to a minimum Monday in 500 ( b ) and without falling from 455, seems to be a wave up may well exceed the 1096 and even 1240 ( c B ) .
By then the feeling will be super bullish and that is why we come worst a C wave down withering , the final part of a fix that should correct nothing more nor less than a section from 1 cent to $ 1240. Therefore, do not expect nonsense, the final correction Bitcoin make you curse and you must remove the desire to store even the most ardent fan .
With trading on the floor, many start ups can fail, as they depend on a high value of Bitcoin and hosted by "main street" , that after the end of correction back before long . Nor will it be profitable to undermine and even less difficulty to be had.It could be something similar to when no longer convenient gold mining and production slows down because the cost of mining an ounce is higher than its price.
I seem to see in the Bitcoin movements that remind me of many commodities, far more than any currency.
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Russia bans bitcoin too bad



He joins the list of countries reporting to the virtual currency could be used for money laundering or terrorist financing
Russia bans bitcoin

The Russian authorities have issued a series of warnings against use of securing Bitcoin virtual currency that could be used for money laundering or terrorist financing and that " treat it as a currency is illegal ."

Anonymous payment systems and currency through Internet have grown exponentially and have glimpsed as money substitutes and can not be used by individuals or legal entities , said the office of the Prosecutor General of Russia after meeting with representatives of the Russian Central Bank , FSB ( anteriomente known as KGB) and the Ministry of Interior.

The agency has acknowledged that Russian law stipulates that the ruble is the only legal tender and that the introduction of any other currency or substitutes will be considered illegal . The Russian central bank has also added that trade was very speculative Bitcoin on 27 January and the unit provides a high risk of losing value.

"Citizens and legal persons are at risk of contributing to illegal activity including the laundering of money obtained through crime and terrorist financing ," he warned. The General Attorney's Office said it was working with the Central Bank and other bodies responsible for law enforcement to strengthen regulations and prevent crimes " by using these pseudomonedas '.

It is not the first country to be illegal use to bitcoin . Thailand banned argued the lack of applicable laws last July. China also warned to use.
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Russia, another country that joins the fight against Bitcoin



Several countries warn of the possible use of virtual currencies for illegal activities, while many supporters consider the future economy
Russia, another country that joins the fight against Bitcoin
reuters
Bitcoin , a currency that does not please all

It's been a turbulent month for a virtual currency that is challenging the traditional financial system. In December were the Chinese authorities who declared war on bitcoin , and stopped a few days ago in the U.S.. UU . Bitcoin VP Foundation , Charlie Shrem on charges of money laundering through this currency.

Now Russia has joined the list of countries that warn of the risks of the virtual currency. Russian officials have said the ruble is the only legal currency , so any other currency will be considered illegal . Stand that will work with your Central Bank to avoid the use of this " pseudomoneda ' unstable that would be related to money laundering and the financing of terrorism.

Your appreciation opens more rampant debate on illegal use. A bitcoin equivalent at the beginning of this week at $ 645, an extremely high figure , considering that he was born in 2009 thanks to a mysterious character named Satoshi Nakamoto, worth less than a dollar and reach the U.S. currency seemed an impossible mission . It is speculated that the anonymous creator has about a million bitcoins .
The first crypto- currency

But what is Bitcoin ? It is one of the first experiments the concept of crypto- currency. The crypto- currency virtual money is very difficult to forge because it uses cryptography for security. The crypto- currencies are not issued by any central authority , which makes them immune from governmental interference. In fact , the design is to use computer encryption techniques to control the creation and transfer of money without having to depend on central authorities. Bitcoin is the most famous of these crypto- currencies and is also the name of the open source software that allows use of this currency.

Experts are not clear at the time whether the bitcoin , which suffers from high volatility , is the preamble of a bubble in internet or if , on the contrary , is a logical stream is called to settle in the coming years. "The bitcoin not really like almost any country, because they want to have some control of its currency, which produce exchanges of money to buy their products and seek to be competitive ," explains Vincent Varó this newspaper , financial advisor network Unience social finance . Given this lack of control , governments have rushed to declare their illegal use and to put entrepreneurs to tripping may not.

According to its proponents , bitcoin grows on internet, thanks to the internet and internet . "People are a little tired of the status quo and does not have the same reliability of the currencies of the past ," he adds . Although its use is not too widespread, there are examples of operations. For example, last December, a man residing in U.S. acquired a high end car ( Tesla S ) by 91.4 bitcoin , about $ 103,000. More recently , a Polish and an Austrian paid with this currency a trip to Vietnam and another to Lisbon. " There are people who are buying and selling in stores, but this is a reality in the future, will it be a reality and an international currency ? Do not know if it's the standard of virtual currencies, but there will be something. This experience will think otherwise in international transactions , " the expert questions .

Russia, another country that joins the fight against Bitcoin
"There is a bubble , is a technology progresses ," says Jorge Abascal , cofounder of Pagobit , Zaragoza processing company in Spain bitcoin payments due out in mid-March . "We are building a monetary system since zero. While the euro already have dataphones systems , online banking solutions in the Bitcoin community we are building and that takes time , "he insists .

Opponents criticize that its use is not a good investment . "It is a demand for people buying and selling to speculate ," recounted Xavier Sala i Martí , Professor of Economics at Columbia University . " If companies do not accept bitcoins as a payment method , if you do not pay wages in bitcoins and if the Government does not accept bitcoins as payment of taxes , demand for that currency will be zero and , therefore , also its intrinsic value ' criticized .

Another controversial point of the matter is that the currency has a limit ( 21 million units ) and is estimated to be exhausted around the year 2140, after the algorithm depends go changing.
Bitcoin , the two sides of the coin
j . tahiri
Bitcoin is a virtual currency that carries many questions , doubts moving to its value. The prohibition of currency in Russia has made its contribution to sink below the $ 650 unit , changed after more than 800 on Friday .
This huge volatility has prompted some economists have dubbed the new currency as a " tulip bubble ". " Bitcoin is most used as a speculative vehicle as currency " describes Javier Flores , an analyst at the European Association of Professional Investors .
Its use for purposes dodging Treasury control was evident since last March, when their value and use skyrocketed following the " playpen " in Cyprus.
But it is this component which has earned him some sympathy among economic trends . " The theoretical roots of bitcoin can be found in the Austrian School of Economics ," the ECB said . Innovation reminiscent of the past: its production, as was the case with the gold standard , is limited .
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Russia bans the Bitcoin : " The ruble is the only official currency "



Russia bans the Bitcoin : " The ruble is the only official currency " Bitcoin Bitcoin virtual currency created in 2008. The Bitcoin could be used to launder money or finance terrorism. The Government pointed out that introducing any other currency or money substitutes is illegal. The Russian Central Bank is working to tighten regulation and prevent crimes committed with the use of ' pseudo - coin ' .


The Russian authorities have warned against the use of saying that Bitcoin virtual currency could be used to launder money or finance terrorism and illegal. " The ruble is the only official currency ," said the Attorney General . " Anonymous payment systems and cyber currencies have gained considerable circulation are money substitutes and can not be used by individuals or legal entities ," insisted the prosecutor. The ruble is the only oficialAsimismo currency, the Government pointed out that the ruble is the only official currency so enter any other currency or money substitutes is illegal. The Russian Central Bank in January and had an impact on transactions with bitcoins are " highly speculative " and involving "a great risk of losing value." The agency is working with other government institutions to tighten regulation and prevent crimes committed with the use of ' pseudo - coin ' . Also, the use of Bitcoin in the United States, where it is much more widespread in Russia, is going intense scrutiny by the authorities after discovering illegal activity thanks to digital currency.

We all know that all this is bullshit LOL