Virtual Currency Archives

Homeless man from Minnesota found begging for Bitcoins

Bitcoin News, Internet & Software, Online Marketing, Tech NewsSeptember 23, 20190Comments

A homeless man from Minnesota has been spotted begging people on the street for Bitcoin donations. The man spotted near the University of Minnesota was holding a sign asking people to make a small deposit to his wallet using the virtual currency Bitcoins which with its low transaction costs and speed seems to getting more popular…

IRS demands Bitcoins to be taxed as they are “property” and not currency

Bitcoin News, Internet & Software, Tech NewsAugust 15, 20190Comments

The IRS (Internal Revenue Service) officially announced on Tuesday March 25th 2014 that from now on any Bitcoin transaction made should be taxed, if not, taxpayers will be subject to penalty, users must also report any transaction made. While additional taxes are never desirable, an array of useful online tools can be found here. This currently only…

Why the end of Mt. Gox won’t be the End of Bitcoins

Bitcoin News, Internet & Software, Online MarketingDecember 24, 20180Comments

World's biggest Bitcoin exchange Platform called Mt. Gox has been shut down and since there have been absolutely no transactions made from the Address over the past couple of days, we could declare Mt. Gox officially dead as many of us don't expect the service to be around for much more longer. The problems of…

Understanding the Value of Bitcoins: 5 Factors that influence the value of a Bitcoin

Bitcoin News, Internet & Software, Online Marketing, TechnologyDecember 14, 20180Comments

The value of the USD and other normal currencies are affected by different factors than Bitcoin, while usually, the value of $1 depends on the balance of trade, price of oil, gold, and many other things with Bitcoin it depends on different factors which are completely new to the economy. Let's take a look at…

Dogecoin recognized as official currency by Bank of India

Bitcoin News, Internet & Software, Tech News, TechnologySeptember 28, 20180Comments

The online currency based on the famous internet meme "Shibe" or Doge has been recognized as an official currency by the Bank of India. It has also recognized similar online currencies such as Bitcoins and Litecoins as official currency.Dogecoin started out as a joke but after getting a lot of media attention has grown to…

Glasgow subway to accept Bitcoins as payment method

Bitcoin News, Tech NewsMay 31, 20180Comments

Glasgow has recently introduced a new ticket system to ride the subway which has replaced the old fashion tickets and people now use Smartcards to ride the subway.A spokeswoman told EveningTimes that there are still many things to add to the card, but SPT which is the company responsible for public transport in Scotland and…