Bitcoin News Feed [30 Dec 2016]
Coinbase Customer Doubles Down on Legal Action Against IRS
The lawyer fighting a one-man battle against the IRS on behalf of thousands of Coinbase customers has not been swayed by the tax agency's efforts to appease him. Instead of pacifying Coinbase user Jeffrey Berns, the IRS’s change of tack seems to have made him more determined to carry on the fight. ....
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A Slow Awakening: 2016 in US Blockchain Policy
At the PYMNTS' Innovation Project 2013 conference, former US vice president Al Gore made waves by speaking out in favor of bitcoin and the potential of the distributed ledger technology that drives the cryptocurrency. .....
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Crypto Security in 2016: A Tale of Two Weaknesses
Bill Shihara is the CEO and co-founder of cryptocurrency exchange Bittrex, and a former security engineer at Amazon, Blackberry and Microsoft. .....
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Bitcoin is Soaring to $1,000: Why This Time, It’s Different
Bitcoin’s amazing rise continues to break records, setting an all-time high market cap and reaching for the highest price since 2013. However, this familiar bull-run is different from the one experienced 3 years ago. Here’s why…
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Supload Will Pay You in Bitcoin to Host Your Images
New addition to the Bitcoin ecosystem Supload will see users paid to host images and gifs in a new form of content creation platform. .....
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How to Use Bitcoin to Become a Perpetual Traveler
This past spring the creator of the Dollar Vigilante publication and podcast Jeff Berwick gave instructions on how to become a perpetual traveler and legally avoid paying taxes. Berwick is an anarcho-capitalist that believes a government is an unnecessary evil and that taxation is theft. .....
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Meet Tumblebit: The Unlinkable Payment Hub
There are lots of development projects in the bitcoin space. One of them may help the cryptocurrency’s fungibility significantly. A proof-of-concept called Tumblebit has the bitcoin community excited because it may provide a trustless anonymous payment hub. ....
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New Image Hosting Service Pays Thousands of Uploaders in Bitcoin
Image hosting is one of the latest applications that bitcoin has improved upon, thanks to one-month-old Supload. The service shares advertiser revenues with its users in bitcoin. Bitcoin.com reached out to Mike Reilly, Supload co-founder and website programmer. ....
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Bitcoin’s Inverse Relationship to the US Dollar Is Breaking Down
Despite the dollar’s 2016 gains and year-end rate hike, Bitcoin still outpaced the global reserve currency in 2016 in price terms. Bitcoin’s “inverse relationship to the Dollar” seemingly no longer persists. ....
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DOJ lawyers argue Coinbase customers can’t challenge the IRS’s summons
On November 17, the IRS filled a “John Doe” summons targeting transaction records of prominent bitcoin company Coinbase’s bitcoiners registered between January 2013 and December 2015. At the time, the exchange argued it takes user privacy very seriously, and as such it would work towards protecting it. ....
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Bitcoin Price Poised to Go Higher
Bitcoin is being held back by the 2nd arc of the 5th arc pair on the 8-hour chart. .....
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Euroclear Bankchain Tests Blockchain-Based Gold Settlement Service
Paxos, a global securities depository and blockchain technology provider, has completed a pilot test for Euroclear Bankchain, a settlement service for London bullion. ....
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The Hyperledger Blockchain Project adds 8 New Members
Hyperledger, the open-source enterprise blockchain consortium led by the Linux Foundation has announced the addition of eight new members to its working group. ....
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Decentralized Platform Teams With Moscow Incubator for Fintech Startup Program
A Moscow business incubator, in partnership with Waves, a decentralized platform for crowdfunding and community management, launched the second round of a fintech program to develop projects with blockchain technology, particularly for banks and fintech products. The focus is on Blockchain 2.0. ....
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London Scene Last 2016 Roundup: Insurance Markets Embrace Blockchain, Satoshi Spotted
Insurance markets embrace Blockchain, a team of Blockchain experts offers consultation - this is one side of the CT London Scene Roundup, the last one this year. There’s also a funny side, as Nick Ayton spots Satoshi again and speaks with an old lady trapped in a Bitcoin mine. ....
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Beppe Grillo’s Bitcoin Blockchain: Truth or Joke
The Bitcoin Blockchain has countless and the most different use cases, from finance to real estate, from copyright management to assurance. Now, Italian Five Stars Movement leader Beppe Grillo seems to have found a new application for the distributed ledger. ....
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Want to Be a Millionaire? Two Main Rules of Bitcoin Investing
Who wants to be a millionaire? That could possibly lead to a cheerful chorus of “me” almost anywhere. The only other question that might get a similar response is “who want’s ice cream?” The stories of rags to riches are inspirational stuff. .....
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Roger Ver: 2017 Will Be the Best Year for Bitcoin
With Bitcoin price rising like an eagle, albeit a slight slump on Christmas, it ricocheted back impressively heading to $1000. In fact, next month is precisely eight good years since the first Bitcoin block was mined. .....
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Up for Grabs: Hidden Bitcoin Treasures in Streets of Barcelona
Christmas is here and it certainly feels that way. In alignment with the spirit of giving, two Bitcoiners originating from Barcelona decided to gift virtual coins to the citizens of the famous city. ....
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John McAfee to Make Email Systems Great Again With Blockchain
As the world goes through the digital era, more and more content has been put online. This has resulted in numerous data breaches across the globe, with email still being one of the most vulnerable due to middle-man interception. ......
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This post has been ranked within the top 80 most undervalued posts in the second half of Dec 30. We estimate that this post is undervalued by $5.31 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Dec 30 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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