Is It Right Time to Buy Bitcoins?
Bitcoin price after trading close to the $415-00 support area managed to regain the bullish bias, and corrected higher. However, the upside move was stalled around an important level at $445, as it represents the 50% Fib retracement level of the last drop from the $472 high to $418 low. So, it can be considered as a major failure. Now, the price is forming a breakout pattern in the form of a contracting triangle on the 2-hours chart (data feed from HitBTC). The 100 simple moving average (H2) is inside the triangle and acting as a minor pivot for the price. The highlighted triangle pattern....
Related News
How many bitcoins have been mined so far? How many bitcoins did the FBI seize during the Silk Road investigation? Where did all those bitcoins go? Who has the most number of bitcoins in the world? These are some of the questions that are bound to be asked at one time or another, unless you have already asked that to yourself. Starting with, How many bitcoins have been mined so far? To give you the statistics, out of the total 21 million bitcoins to be mined, over 14.75 million bitcoins are already mined. The total number of bitcoins mined so far can be found at this link. Time for the next....
Just some of the addresses included at btcburns.cf. James Howells threw a hard drive with 7,500 bitcoins away. He had mined the coins back when they were worth very little. He has yet to find his hard drive at the dump. Dump workers say he never will. Howell is not the first person - nor the last - to lose bitcoins. According to the website btcburns.cf, 397 bitcoin addresses have burned 2,673.4075 bitcoins. There have been 15,617,100 bitcoins mined, meaning 0.018289588948355% of bitcoins created have been burned. Approximately 0.0002 are burned for each bitcoin mined. If this rate remains....
Brawker, a proxy buying platform, recently launched with a trendy post that made it to the top of the Bitcoin subreddit. For the first time bitcoin users have the chance to buy anything on the web with their bitcoins. Brawker helps bitcoin users by letting them spend their bitcoins on virtually anything, giving them an 8% discount and making bitcoin more widely used. On the other end, Brawker also allows people to buy bitcoins with a credit card or Paypal, by buying the items for the bitcoin users. This easy way to buy bitcoins was almost impossible to do until now. So, how is this....
An online games company is offering a bundle of four games for a 'pay-what-you-like price' - as long as you pay that price in bitcoins. The four games are Eufloria HD and Classic, World of Goo, And Yet It Moves, and Spirits. You can set your own price for the bundle - as long as you pay in bitcoins. At the time of writing the average price paid was 0.2 bitcoins - currently worth $23 or £15. The company will donate ten per cent of all proceeds to the Electronic Freedom Frontier. The games developers will also get paid in bitcoins. The deal is only available for two weeks - until May 30. Gaming
Is it possible for you to mix your Bitcoins with other people’s Bitcoins, and at the same time profit from it? Mixing companies claim it is - but there is a risk. Privacy is not just for criminals. Many people think that mixing services are primarily used to launder Bitcoins obtained through fraudulent or illegal means. This is not necessarily the case. Privacy is important for everybody. Criminals should not know how wealthy you are, strangers should not be aware of how you spend your money. This is a reason why Bitcoin mixers - Eg. Bitmixer.io - have grown their businesses. Trust is an....