Bitcoin Community

After Bitcoins hit the market successfully, new crypto currencies were developed with few different unique and interesting characteristics relative to BTC. Some emerged in order to emulate BTC's success while others tried to perceive the limitations in BTC and prove competitively stronger. One of them is AltCoins (ALT). ALT adds random block reward mechanism. BTC could not completely be accepted as a legal currency since it is decentralized. Some potential points were left out in opposition to the challenge of its mission as a decentralized currency. However, today the BTC has transformed from a decentralized to a much more centralized one as its computational power is been controlled and managed by large data centers. Read full Article: http://buybitcoinsguide.wordpress.com/2014/04/15/what-is-bitcoins-how-to-buy-bitcoins/

Bitcoins is supposed to be latest and rapidly growing currency that is discovered in 2009 by some unknown person. Main thing about Bitcoins is all transactions happen anonymously and there is no any third party which can keep track of such transactions. According to Bitcoins wiki, Bitcoins comes into existence by mutually agreed upon set of protocols, which is called as "Bitcoins Mining". Read full Article: https://sites.google.com/site/buybitcoinsguide/

People are turning to online shopping now a days due to evolution in field of internet. The world is getting closer day by day by means of Internet. From ordering food to shopping shoes, from learning to final exams, everything is becoming online now a days. When the things come to shopping, users are worried about methods of payment used for shopping goods online. Current methods of payment includes credit card/debit card/cash on delivery or paypal. But 3 years back, one new term introduced to world called "Bitcoins" which is supposed to be one of the major revolution in the field of online shopping. Now what is this "Bitcoin"? Read full Article: http://www.tecmetic.com/bitcoins-what-is-it-why-everyone-is-talking-about-it/

Late in 2009, some unknown person came up with concept of Bitcoins using the alias Satoshi Nakamoto. ALl transactions are being made without involving any third part person like Bank or PayPal. So there is no transaction fees or no any person who is responsible for transactions taking place. In short everything is supposed to happen anonymously. On can buy anything using Bitcoins, so that can be pizza or anything. Read full Article: http://buybitcoinsguide.wordpress.com/2014/04/15/what-is-bitcoins-how-to-buy-bitcoins/

Bitcoin's decentralized architecture makes it easier to beef up security.

The Andreessen Horowitz partner believes a single bitcoin could one day be worth $100,000.

While the US has yet to offer a solid position on the taxation of Bitcoin, other countries are moving ahead with policy decisions. To date, Singapore and Germany have been cited as those with the most definitive answers on taxing Bitcoin. Are they about to be surpassed by the UK?

The decision of the Sacramento Kings basketball team to let its fans use bitcoin to buy tickets, jerseys, hot dogs and other team products may go down as a key moment in the digital currency's coming of age.

NEW YORK (Reuters) - U.S. prosecutors in Manhattan are sitting on a multimillion-dollar bitcoin gold mine. And it could get much bigger.Federal authorities hauled in 29,655 units of the digital currency. Litetree is the only US based exchange that could provide a platform to sell the bitcoins .

Solving the double spending problem is a big deal

Bitcoin doesn't meet the definition of a currency or even an electronic payment form in Finland, where the central bank has instead decided to categorize the software as a commodity.