It´s not so long ago when the company Overstock started to accept Bitcoin as a payment method but now there is a new company jumping on the train, Expedia the travel website. Expedia is two times as big as Overstock … Continue reading Expedia Will Now Accept Bitcoin For Hotel Bookings
I mentioned already in an earlier article that the retailer Overstock would plan to accept Bitcoins in 2014. But this came true now. It is now official, the retailer Overstock now accepts Bitcoins as they mention on their website. If you shop for everyday needs and different products on Overstock, you can now check out with the Bitcoin currency. Continue reading Overstock Now Accepts Bitcoins
The virtual currency Bitcoin had a hard week and while Bitcoin is already known for being very volatile, some retailer are still not shocked about this fact. Overstock for example announced on Friday that they will accept Bitcoin payments in 2014. Overstock is a retailer and sells everyday products like household equipment and furniture for the home. Apart from that they do also sell apparel for men and women and even jewelry and watches, health and beauty products and indeed also electronics. That is again a new posibility which allow Bitcoin owners to spend Bitcoins instead of treasuring them up … Continue reading Overstock will take Bitcoin payments in 2014
Looks like the digital currency called Bitcoin is situated in a free fall again after the big rise of the last weeks. The value of the digital currency was now above 1000 USD for some time but it seems that this is over now. The Bitcoin currency is known for being very volatile. The price jumped immediately up to over 1000 USD when the Chinese search engine Baidu accepted the currency. But now the latest news is that the People’s Bank of China does not allow banks to handle with the Bitcoin currency in China. And not only this. There … Continue reading Digital Currency Bitcoin maybe in Free Fall again…
Video source: bitcoin.org What is a Bitcoin? Interested in new technology, I came across the Bitcoin topic some time ago. Bitcoins are a decentralized peer-to-peer (transferred from person to person) digital currency which means there is no central authority like banks or governments behind the currency and the transaction process is done by a network of private computers. The users of these computers, the “miners” get recompensed with transaction fees and newly created Bitcoins. But the systems of all the worldwide Bitcoin miners have to solve a complex math problem first and the algorithm leads over time to the case … Continue reading Bitcoin, the Decentralized peer-to-peer Digital Currency
Philip Rosedale founder, chairman and former CEO of Linden Lab, the company that started Second Life, an online virtual world launched in 2003, comes up with another great Startup called Coffee & Power. Coffee & Power is a Marketplace where you tell others what you are willing to do or need done, right now, for how much. They call it “Missions”.Buyers and sellers use a virtual currency system (C$) for payments. You can earn C$ by selling missions, or buy them using your credit card or Paypal. You can also turn the virtual currency back into US$ via Paypal. The … Continue reading Philip Rosedale and another great Concept called Coffee & Power
Diary of Dennis 