Articles About The BitCoin and AltCoin Industry

In General Articles

The CFO's Guide to Bitcoin, Part 2: Taxes and Accounting

“In this world nothing can be said to be certain, except death and taxes.” No doubt, many aspects of the bitcoin phenomenon would astound Benjamin Franklin if he were alive today. (Though perhaps not as many as you might expect. He did help architect the new republic’s original alternative cash, Continental Currency.) But the inability of bitcoin to escape tax liability clearly wouldn’t have surprised the founding father a bit! Anyone inquiring into the prospect of accepting bitcoin...

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In General Articles

The CFO's Guide to Bitcoin, Part 1: The Basics

80,000 businesses already accept bitcoin. And to echo a recent Entrepreneur article, “Why not yours?” It’s no longer an idle question. If the bitcoin question hasn’t landed on your doorstep, it will soon. The Wall Street Journal op-eds are already here. So are eyebrow-raising headlines announcing things like PayPal’s embrace of bitcoin. Customers will want to know. Business partners will mention it. Soon, the boss will ask. And, accountants and financial executives will be among the first...

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In Cryptocurrency

Is Litecoin Giving Bitcoin a Run for its Money?

In any industry, the majority of attention will be paid to whomever is number one. Cryptocurrency is no exception, and Bitcoin has been in the top spot ever since it was introduced. It was the first digital currency to go public, and it has set the standard for almost every type of currency that has followed it. Not surprisingly, it also has the highest value of any alternative currency, and the highest market share. There have been challengers, but Bitcoin's command of the number one spot has...

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In Cryptocurrency

An In-Depth Look at Cryptocurrency Mining Algorithms

For those of you familiar to the Coin Pursuit website, perhaps you've already had a chance to peruse this article. It discusses how hash rates are calculated in the cryptocurrency mining process, and outlines the two major algorithms used. This topic is one of the most popular with our readers, and it's also the one about which they have the most questions. We're gonna devote this article to some of those questions, as we take a look at all the algorithms that are used for digital currency...

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In Cryptocurrency

Taking Your Bitcoins to the Bank; How Robocoin is Changing Everything

Currently, when cryptocurrency investors want to deposit or withdraw the currency of choice from their account wallets, they do so through the platforms offered by exchanges. That's all well and good for the time being, but to the average person the system can be a little confusing and intimidating—which makes them hesitant to invest in, and use, these unique financial tools. The summer of 2014 could change all that, as innovations are being set in motion to make the digital currency world more...

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In General Articles

China's Ongoing Crackdown on Cryptocurrency

Readers familiar with international cryptocurrency markets will recall that, in December 2013, the Chinese government took decisive—and negative—action against Bitcoin and other digital currencies. As a contemporary article in the New York Times noted, the directive issued by the People's Bank of China stated the move was necessary to “protect the status of the renminbi as the statutory currency, prevent risks of money laundering and protect financial stability.” Most world governments have...

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In General Articles

Is Cryptocurrency Being Used to Finance Terrorism?

Digital currencies like Bitcoin were created with the best of intentions in mind. The freedom of use and personal security and privacy that goes along with the anonymity built into cryptocurrency systems were meant to be used responsibly and legally by their investors—and the overwhelming majority of them make trades in just that manner. Unfortunately, black market websites such as the now-defunct Silk Road have taken advantage of those same features for illicit means such as narcotics trade...

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In General Articles

Coin Pursuit Launches Slice Feeds Interactive Cryptocurrency Network

Digital currency investors are familiar with the noise and clutter that can be found on social media outlets and industry forums, and that tracking down specific information can waste valuable time. Online cryptocurrency resource Coin Pursuit is introducing their networking portal called SliceFeeds™, which is designed to create a more straightforward environment for digital currency enthusiasts and merchants. Austin, Texas (PRWEB) May 02, 2014...

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In General Articles

Satoshi Nakamoto Revealed: No Longer Bitcoin's Mystery Man

A recent, detailed article in Newsweek laid bare the actual identity of Satoshi Nakamoto, the developer and creator behind the concept of Bitcoin, who as a result launched the entire cryptocurrency industry. This article will offer a brief study of that expose, and will analyze what effects, if any, this news will have on the digital currency markets. It is being treated as if they unmasked Batman at high noon in Gotham City's town square: Satoshi Nakamoto, the architect behind the creation...

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In Cryptocurrency

Security Lessons Learned from Mt. Gox

Over the last couple of weeks, a serious technical issue was exploited at Mt. Gox, one of the largest and most influential cryptocurrency exchanges in the world. According to a recent article from Silicon Angle, the technical issue is nothing new, having been identified as early as 2011. Known as “transaction malleability,” it allowed exchange members who were aware of the glitch—and had the electronic savvy to take advantage of it—to trick the system into allowing them make withdrawals more...

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In Cryptocurrency

Cryptocurrency: Down for the Count?

No, this is not going to be another gloom-and-doom missive that claims that Bitcoins and other cryptocurrencies like it are doomed. In a moment, we will take a look at why the media loves to take such claims and run with them, but first we would like to point out that Bitcoins—and dozens of other types of digital currency—are still around. And they are not likely to be going anywhere anytime soon. The media, it should be pointed out, is not fully to blame here. Cryptocurrency markets have had...

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In General Articles

Slice Feeds ™: Coin Pursuit Launches the Bitcoin Industry’s First Social Media Trading Site

March 27,2014 - Slice Feeds have been launched click here Slice Feeds™: Coin Pursuit Launches the Bitcoin Industry’s First Social Media Trading Site at the Texas Bitcoin Conference March 5th and 6th. Since those who invest in cryptocurrency such as Bitcoin are also effectively its owners, it is extremely important to keep dynamic lines of communication open between traders, investors and enthusiasts alike. This press release introduces the interactive social component of Coin Pursuit,...

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In Cryptocurrency

Litecoin as a Bitcoin Alternative

Bitcoin, Bitcoin, Bitcoin. It seems to the average person that when the media spotlights cryptocurrency, Bitcoin is the type they mention nine times out of ten. As a matter of fact, there are many consumers out there who aren't aware there are any other digital currencies besides Bitcoin. There is a reason for that, of course; Bitcoin was the first cryptocurrency ever introduced (in 2009), and to date it is the most popular among traders and investors. There is a downside to that, though:...

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In General Articles

Coin Pursuit Addresses Cryptocurrency Trader Confusion

Visiting a Bitcoin exchange - or those for other digital currencies - can be a frustrating experience, especially to the inexperienced investor. On the surface, it would appear that everything is laid out for traders: there are up-to-the-minute market graphs, currency value listings, and buying and selling portals. Why is it, then, so many cryptocurrency traders are expressing frustration and confusion when it comes to the information they are given? Coin Pursuit Founder and CEO Spencer...

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In General Articles

Clearing the Air about Cryptocurrency

Stories about Bitcoin and other digital currencies are all over the media these days. They trumpet the news that the market is either up or down, and there doesn't seem to be any gray area between those who love digital currencies and those who hate them. Frustrated potential investors often walk away from the subject entirely because no one has taken the time or effort to really explain cryptocurrency to them in a clear manner that doesn't have an obvious agenda to push. The industry is a...

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In General Articles

Here Come the Bitcoin ATMs

Actually, automatic teller machines (ATMs) for Bitcoins have already been around for a little while; the first in the world started operating in Vancouver, Canada in the fall of 2013. Up until now, though, those in the United States wanting the convenience of an ATM for managing their Bitcoin accounts were out of luck, unless they were prepared to make a considerable road trip. That's about to change. On Thursday, February 20, the first Bitcoin ATM in the US was turned on in HandleBar, a...

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In Trading Graphs for Bitcoin Investors

Identifying Wedge Patterns on Market Graphs for Bitcoin Investing

One of the first things you'll see when you go to the website of a digital currency exchange is a graph of a currency's performance over a current period of time. While it's easy enough to see at a glance general upward and downward trends, there are also nuances and patterns investors should be aware of. Coin Pursuit has therefore created a series of articles to help new investors spot and interpret these patterns. As an installment of that series, this article will examine the “wedge”...

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In Trading Graphs for Bitcoin Investors

A Bitcoin Trader's Look at Market Graph Gaps

Of all the patterns that can form on an exchange chart that tracks the value of a type of digital currency, there's one that seems to cause more heart-stopping alarm among new investors than any other. That's the Gap pattern, and today, we're gonna take a closer look at just what makes those happen, and what they mean. This article is part of a series created by the experts at Coin Pursuit, with the express purpose of helping our readers become the best-informed investors they can. First,...

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In Trading Graphs for Bitcoin Investors

The Trickiness of Triple Tops and Bottoms for Bitcoin Traders

Just as in any other specialized field, digital currency markets have their own lingo, and newcomers can have a tough time navigating through some of the terms initially. This is especially true when it comes to identifying and interpreting patterns that can form on market exchange charts. It's our goal at Coin Pursuit to educate our readers, and in that spirit we're devoting an entire series of articles to the names and effects of these visual patterns. In this article, we'll be looking at...

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In Trading Graphs for Bitcoin Investors

Interpreting the Rounding Bottom Chart Pattern for Bitcoin Traders

Just as astronomers have constellations and architects have blueprints, the investment and trading industry has patterns to interpret and follow. As part of our mission to have the best-informed readers in the digital currency game, Coin Pursuit has dedicated several articles to the unique patterns that can form on market value charts. After all, their Christmas-tree colors may be pretty to look at, but otherwise they're meaningless to the new investor without someone to tell them what they...

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