After a number of discussions at Porcfest, the Free State Project’s annual get together, I think I now understand the essentials, although not the mathematical details, of how Bitcoin works. If I correctly understand it, it is well …

What good is a bubble if you’re not blowing money all over Central America?

US consumers do not trust Bitcoin as much as their Argentinian and British counterparts, but nonetheless 62% of US consumers who are Bitcoin -savvy said they trust the currency vs 73% of Bitcoin -aware Argentinians and …

By getting more merchants to accept bitcoins , other merchants (and consumers alike) will be able to keep their coins and exchange them for tangible goods they would otherwise use fiat for rather than cashing out, and this will …

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submitted by jimgolian

I noticed since Mt.Gox stopped allowing transfers for USD that the prices of Coinbase.com dropped. However, I can’t figure out what index Coinbase is using to determine pricing. Previously it was easy to figure out the price, Mt.Gox * 1% fee + 15 cents (bank transfer cost). It seems to me logical that they would be using Bitstamp, but really all other indexes are about ~10% lower than Mt.Gox. The new price for Coinbase seems to be Bitstamp*6% but that fluctuates. The question …

Incorporated 06/11/2013. File number: 5346105 Accessed from: https://delecorp.delaware.gov/tin/GINameSearch.jsp submitted by sgornick

submitted by TonyBuddz link 1 comment