Category Archives: bitcoin

The exploding popularity of Bitcoins and other crypto currency is a matter of concern and intrigue for all economists. One of the USPs of the Bitcoins for example is the ability to move it from one holder to another holder … Continue reading →

Close on the publicity generated by Bitcoin exchange rate going upto US$1132, many more crypto coins are coming to the attention of the public. First it was Litecoin and now Novacoin, Namecoin, Quark coin,Chinacoin, Feathercoin also seem to be gaining … Continue reading →

In an interesting case of misuse of Bitcoin, a video gaming community “E Sports Entertainment Association” agreed to settle a dispute where it had been accused of having illegally installed Bitcoin minining software in their client’s machines and earned US$3713.55. … Continue reading →

World’s first Bitcoin ATM in operation in Vancouver is said to have clocked transactions of US$ 1 million in a month. The ATM converts cash into Bitcoins and also pays out cash in physical currency against withdrawals of Bitcoins. The … Continue reading →

The success of Bitcoin concept has attracted “Litecoin”  a similar virtual currency system promising some technical improvements. The target for litecoin is 84 million currency units as against 21 million targetted by Bitcoin. The presence of two virtual currencies in … Continue reading →

Bitcoin started as a Peer to peer virtual currency system. With Baidu (Google in China) starting to accept payments in Bitcoin, there is now an official patronage for the system from the Chinese Government. In a further bid to  provide … Continue reading →