Laszlo Hanyecz (laszlo) made the first documented purchase of a good with bitcoin when he bought two Domino's pizzas from jercos for 10,000 BTC. laszlo had made contributions to Bitcoin's source code in the past.Florida-based programmer working for online retail company GoRuck, but you’d probably be wrong — Hanyecz was behind the inspirational purchase of two pizzas from Papa John’s for 10,000 Bitcoin (BTC) back on May 22, 2010, making this week a celebration of Pizza Day’s eight year anniversary.

The 'creator' of Bitcoin, Satoshi Nakamoto, authored the bitcoin white paper, created and deployed bitcoin's original reference implementation.Very few people outside of the Department of Homeland Security know Satoshi’s real name....[1] As part of the implementation, they also devised the first blockchain database

electronic money transfers made from one person to another through an intermediary, typically referred to as a P2P payment

A masternode is from the cryptocurrency Dash, and it acts as a manager for the system while also performing special jobs and earning Dash as a reward.

Bitcoin's investment in my country has not yet been legally allowed. Bitcoin investment and bitcoin is an asset when it is legally allowed.I think the current resolution of the current government or regime change will be fulfilled.

BTC.com ,Antpool, ViaBTC,Slush,F2pool

One of the most commonly touted benefits of Bitcoin is anonymity. Many people prefer their transactions to not be linked to their names for political or philosophical reasons. Others do so for the sake of their privacy, such as when making an anonymous donation to a charity. Yet law enforcement around the world is steadily getting better at tracing Bitcoin transactions and finding the names behind the wallets.

income tax department surveyed the major bitcoin exchanges in India. The survey reports said, this was done to collect information about transactions and check whether there was a risk of tax evasion. This week, it was reported that the income tax department is set to issue notices to about 5,00,000 high net worth individuals trading on the exchange across India. This comes at a time when there are still no clear regulations on cryptocurrencies and bitcoin exchanges.

Bitcoin offers an efficient means of transferring money over the internet and is controlled by a decentralized network with a transparent set of rules, thus presenting an alternative to central bank controlled fiat money.  There has been a lot of talk about how to price bitcoin and we set out here to explore what bitcoin's price might look like in the event it achieves some level of widespread adoption

First let me start by saying that I’m not an expert at cryptocurrency or Bitcoin BUT I want to learn as much as I can about it. The best way for me to learn is by doing (I’m not really the academic type) so I’ll be sharing with you guys everything that I learn about Bitcoin, blockchain technology, and cryptocurrency in this new section on Unbox called Bitcoin Philippines.

For this inaugural post I’ll kick things off by sharing what my Bitcoin strategy is and then I’ll share how I’m buying Bitcoin in the Philippines.

Hal Finney received the first ever Bitcoin transaction.

Hal Finney was the second ever user of Bitcoin (after Satoshi) (How we would he even know about it?).

Hal Finney was a pioneer in PGP encryption a software used by the cryptographic company he work for PGP (since acquired by Symantec).

Hal Finney was a known computer scientist and cryptographer that worked and ideas on crypto currency.

Hal Finney was instrumental in early Bitcoin Protocol bug fixes.

Hal Finney exchanged emails with ‘Satoshi Nakamoto’ but he could have wrote these to distance himself from his own invention.

Hal Finney lived close (same neighbourhood) to someone actually called Dorian Satoshi Nakamoto (below).

Dorian Satoshi Nakamoto

‘Satoshi Nakamoto’ wanted to remain anonymous because was likely scared of the repercussions of inventing a potential rival to the USD and a worthy challenge to the estblashement.

Satoshi Nakamoto wanted to remain anonymous due to the arrest of the investors of the Liberty Dollar in 2009.
he ability for commercial banks and central banks to create money from nothing is the one thing that keeps them and governments from being accountable and honest to the people they should be answerable to.
Hal Finney is sadly no longer with us (as are so many of those who challenge and threaten the status quo).
He was super healthy and became very ill suddenly.
He has been cryogenically frozen.
Hal Finney is therefore surely the strongest candidate to be Satishi Nakamoto?

One of the many buzzwords at this week's CES technology show is "blockchain" — the technology underpinning the bitcoin craze. While bitcoin is the flash of the moment, there's growing excitement about how this concept can move beyond digital currency and affect people's lives.
Simply put, blockchain is like a ledger book that can be group-edited by people in the cloud. There's no central company or government that has to verify a transaction, which means thing can move more quickly. As changes are made, it keeps a public log of what changed, when and how. For that reason, it's very difficult to fake a change or gain access to the log if you're not supposed to. The records also aren't tied to your name, so it makes blockchain another more secure way that people can exchange data.

oh the price is not stable at all and tends to be quite volatile. this bull run will probably go on for a few months more but it will eventually crash. in the long term though it's all up and up and up because of its deflationary nature.

Personal income from cryptocurrency gains aren’t taxed in Portugal. This is different from business income or capital gains (asset appreciation), but if you hold your crypto assets under your own name and not a company’s, they are essentially one and the same. The Portugese government has further clarified that sale of cryptocurrencies does not come under capital income or capital gains. However, if individuals carry out professional or business activity related to cryptocurrencies, that’s a different matter, and is liable to taxation

we’re rapidly approaching the ten year anniversary of Bitcoin’s whitepaper publication, I’ll attempt to project out twenty years to see the evolution of Bitcoin, blockchain, alternative cryptocurrencies and decentralization.

Bitcoin exactly happens to be a token issued from the Bitcoin Blockchain, nothing more nothing less.

This token may be programmed to execute different functions, hold different values and uses implicitly not to forget its ability to be divisible into a million portions for trade.
 trade reason Bitcoin is so valuable today is that there can only be 21 Million Bitcoins within the network. After the last Bitcoin is purchased, people may begin trading in less which would make it more valuable. This value increase would be due to the limited supply of Bitcoin, matched with unlimited demand for this cryptocurrency

Using historical Bitcoin price data, it is possible to model different buying behaviors.

Buying during hype periods has been a losing strategy when combined with ‘weak hands’.

Simply holding or buying the dip have been winning strategies for Bitcoin historically.

After the disastrous start to the year for Bitcoin (COIN, OTCQX:GBTC), many investors have been left wondering how to proceed. One on hand, investors who witnessed the end of year rallies in 2017 know how quickly the market can turn around and do not want to be left behind if Bitcoin surges. On the other hand, the sharp corrections often following bull runs have left an indelible impression on investors and many now patiently anticipate these corrections before buying in. In this article, we’ll show an analysis of historical data to attempt to shed light on how best to invest in Bitcoin.

The Jamaica Information Service (JIS) recently reported that the Bank of Jamaica (BOJ) is “building cryptocurrency awareness.” The statement was provided on Wednesday, by the Bank of Jamaica (BOJ) Deputy Governor Livingstone Morrison, at the central bank’s quarterly media briefing.

Morrison says the central bank must create opportunities for the exploitation of certain technologies, including cryptocurrency, while pointing out that such technologies should not pose undue risk to the local financial system.

The Bank has subsequently established an internal group of persons who are working to build awareness of these kinds of technological happenings across the world. The group are also guiding regional efforts.

When bitcoin was first created, it was seen primarily as a virtual currency to be used for transactions between individuals. Those who owned bitcoin in the early days were those who mined for them and gained them through transactions and barters with others. Once there was wider use of bitcoin throughout the world, there was the need to gain more access to it for a wider audience of people. Along with that was the need to correlate the value of bitcoin to a dollar amount so that people without mining options and direct contacts who owned the virtual currency could gain access to it.

Many have wondered if bitcoin could be the next global currency. While you may have heard the term bitcoin thrown around, it is understandable if you’re still fuzzy on the intricacies of this digital payment system. Before attempting to answer the question posed above, it is important to understand exactly what a bitcoin is.
Bitcoin is a relatively new technology; in fact, it is less than a decade old. Created back in 2007, bitcoin is the world’s first decentralized virtual form of currency. As of fall of 2016, it is now an accepted form of payment in dozens of countries around the globe. As more nations continue to adopt this groundbreaking technology, it increases the chances that bitcoin will in fact become the next global form of currency and one of the few not tied to a specific nation’s economy or a banking system.