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China (Bitcoin) fact of the day

China (Bitcoin) fact of the day | Cryptocurrency | Scoop.it
Most trading in bitcoin takes place in China: Huobi and OKCoin, two Chinese exchanges, are thought to account for more than 90% of transactions.
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Bitcoin Spikes Above $600 - 2 Year Highs - On Sudden Massive Chinese Buying | Zero Hedge

Bitcoin Spikes Above $600 - 2 Year Highs - On Sudden Massive Chinese Buying | Zero Hedge | Cryptocurrency | Scoop.it
Once again, on a Saturday night (US time), Sunday morning (China) a sudden burst of buying pressure in Bitcoin, driven by Chinese buyers, has spiked the virtual currency higher on dramatic volume.
BitFolioBiz's insight:
Chinese exchanges offer zero fees.  No wonder they are popular exchanges to trade bitcoin.
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Mycelium Announces 'Entropy' Offline USB Paper Wallet Creator | CoinDesk

Mycelium Announces 'Entropy' Offline USB Paper Wallet Creator | CoinDesk | Cryptocurrency | Scoop.it

The company has released details on a number of projects, including a USB device that generates paper wallets offline.


Via Coinboard
BitFolioBiz's insight:
I use a USB stick with Kbuntu to generate my offline keys, but this might be a time savers for you.
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Online Retail Giant Newegg Opens Up For Bitcoin Purchases | CoinDesk

Online Retail Giant Newegg Opens Up For Bitcoin Purchases | CoinDesk | Cryptocurrency | Scoop.it

The popular computer hardware and software retailer has announced it is now accepting bitcoin as a payment option.


Via Coinboard
BitFolioBiz's insight:

#Amazon will likely be next.

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C.A.T Cryptsy automatic trader BOT Bitcoin , Litecoin and all cryptocurrency trading software

When you order Mention PROMO CODE: SNIPERBOT For Discounts and Specials Need help ordering C.A.T? email Review@bitcoinsniper.com More information HERE http:/...
BitFolioBiz's insight:

Cryptsy get a auto-trading bot.  #Trading I have not tested it, but I am interested and seeing if it might work for me.

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Bitcoin Prices Soar in May: Analyzing the Market's Second Best Month of 2016

Bitcoin Prices Soar in May: Analyzing the Market's Second Best Month of 2016 | Cryptocurrency | Scoop.it
CoinDesk breaks down the numbers to analyze bitcoin's price performance for the month of May, a period in which bitcoin appreciated nearly 20%.
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What Is CryptoCurrency? Why should I care? - YouTube

Contact information BitFolioBiz Google+ page: https://plus.google.com/u/0/b/106580255530779454249/106580255530779454249/about Twitter: https://twitter.com/Bi...
BitFolioBiz's insight:

A four minute talk on why you should care about Bitcoin and Cryptocurrency.

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California governor signs bill to bring bitcoin and other currency into fold | Reuters Top News

California governor signs bill to bring bitcoin and other currency into fold | Reuters Top News | Cryptocurrency | Scoop.it

LOS ANGELES (Reuters) - California Governor Jerry Brown on Saturday signed into law a bill that clears away possible state-level obstacles to alternative currencies such as bitcoin.


Via Coinboard
BitFolioBiz's insight:

The barriers are being removed.  California does an about face.

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BitPay Seeks to Decentralize Digital Identification with BitAuth | CoinDesk

BitPay Seeks to Decentralize Digital Identification with BitAuth | CoinDesk | Cryptocurrency | Scoop.it

BitPay's latest contribution to bitcoin's infrastructure, BitAuth, finds the company tackling digital identity with bitcoin technology.


Via Coinboard
BitFolioBiz's insight:

#Authenticate without using usernames and passwords, but with an #authKey (or public-private key encryption).  This #BithAuth specification establishes a standard way of doing it, and provides a library to get started.

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