Jun 14 2014

Expedia accepts Bitcoin payments

One of the most popular websites to book hotels and find traveling tickets, one of the biggest travel agencies now accepts Bitcoin payments. Expedia will accept Bitcoin payments only for hotel booking first and then for everything else. This move will help them get a market share of Bitcoin fans and especially from the early adopters that they have many Bitcoins to spend. It also help them for marketing purposes since they are from the first serious players accepting Bitcoin payments and it is big news. Bitcoin is still volatile and many day traders exploit that fact to make profit. Bigger players have also plans to accept Bitcoin and its price will rise even more than the last maximum. Happy traveling and be a middle adopter of Bitcoin to enjoy a brighter future.

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Apr 12 2014

Mobile charger that fully charges your smartphone in 30 seconds

StoreDot created a mobile charger that can charge your smartphone in 30 seconds. A main issue in today’s mobile phones (smart phones) is that battery discharges really fast and it takes time to charge it. Some of my friends charge their smart phones every day and if they are lucky they do it at night. Some times they run out of battery during the day with no access to charger. This new charger will make their life easier. I don’t speak for myself because I prefer do avoid using it all the time and I disable any useless (for me) options like 3G and GPS. With this I charge it every 3-4 days and I am fine with this. No matter how you use your phone, it is good news that you will be able to charge it under a minute. Currently this charger is a prototype and only for Samsung Galaxy 4 but they plan to support any smartphone when they release it. Also, they estimate the price to be around $30 which is in my opinion a fair price.

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Apr 05 2014

GemCraft – Chapter 2 – Chasing Shadows has been released

I used to play this game several years ago and I really liked it. It was one of the best tower defense games at that time and I hope it continues to be. I was waiting for chapter 2 chasing shadows for a long time and today, after the creator missed all the deadlines, he released the game. I didn’t even play it yet, I wanted to inform you first by writing this post. If you like tower defense games, or you used to play GemCraft then don’t wait, stop reading this and go play the game.

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Mar 30 2014

New Android malware that mines crypto-currencies

Lookout Mobile Security recently found a new Android malware called Coinkrypt. This type of malware is not harmful as it doesn’t steal personal data or delete anything but instead it uses the smart phone hardware to mine crypto-currencies such us Bitcoin and Litecoin. Mobile hardware is not very powerful to mine Bitcoins with profit but using many smartphones that are not theirs generates profit. In order to be more difficult for users to be suspicious about Coinkrypt, it mines crypto-currencies only when the device is charging. Otherwise, the battery level will drop significantly very fast as mining Bitcoins or any other crypto-currency uses all the available resources if you don’t put a limit. This might also cause heat and damage your device if it is heated for an extensive period of time.

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Mar 10 2014

MtGox might still have those Bitcoins

It seems that MtGox users are striking back. Mark Karpeles reddit account hacked and information about balances leaked on that account. The user that posted the leak says that MtGox still has the Bitcoins and most probably Mark Karpeles is lying about the balances. There are 500 million reasons why he would lie about it but I don’t think that everything is going based on his plan (if this was his plan). Leak contains his home address and surprisingly his C.V! I can’t confirm if the data is real but several MtGox users verified their balances. They filed for another bankruptcy protection, this time in US court. This issue needs to be solved and soon.

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Mar 01 2014

MtGox fiasco

MtGox, the once largest Bitcoin exchange site lost hundreds thousands of Bitcoins. How is that even possible? Noone believe that such thing can happen without even notice it. Ok, someone claimed he did get his Bitcoins, support checks it and send more, a second one claims the same, be suspicious and investigate it. After you lost 100 Bitcoins, 1000, 10000 it is noticeable, I don’t believe they had to loose more than 700.000 Bitcoins to realize that something is wrong with their system. This must be an inside job, at least 1-2 people were aware of this and they did nothing, or even worse exploited the issue for their own benefit. Many customers of MtGox are very angry and I am afraid that we will see paybacks after the official announcement of their lost money.

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Jan 14 2014

Bitcoin Payroll API by BitPay

Most Bitcoin news are coming from BitPay and they don’t stop to surprise us. They announced their new API which allows employers to pay their employees with Bitcoins on a recurring basis. It worth to mention that only the net salary is paid in Bitcoins. It is amazing how far the Bitcoin has come in the last few months and this is just the beginning, it is going to be very huge soon. This also solves the problem of how and where to buy Bitcoins, you get them as a salary or a part of it. BitPay is the leading payment processor for Bitcoin and other digital currencies. They are now adding around 1000 new merchants per week. I dream of the day that it will be possible to buy almost anything with Bitcoins, use it in everyday life and not have to convert it to fiat.

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Jan 12 2014

Private Jet Service accepts Bitcoin

I was minutes ago since I wrote the last blog post about Bitcoin acceptance and I stumbled upon a new article about Bitcoin which is very interesting. A private jet service announced that they are accepting Bitcoin as payment for their service. PrivateFly.com is not for everyone since their target is big pockets and this move shows that everyone is endorsing Bitcoin. It was requested by their customers which means that people want to spend their Bitcoins to buy stuff and services and not just hold them as an investment. You choose your flight and when you are prompted to pay choose Bitcoin as the preferable payment option. This is another collaboration with BitPay which shows that it is the most active Bitcoin payment processor.

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Jan 12 2014

Adult companies are accepting Bitcoin

There are many news about adult companies that started accepting Bitcoin so instead of creating one post per each I decided to write only one post. There is movement in Bitcoin community and they try hard to make Bitcoin wide accepted and so far 2014 looks very promising. Porn.com, one of the biggest adult websites accepts Bitcoin as payment. It is not the first website with adult content that accepts Bitcoin but it is the largest one and it is very good news for both Bitcoin and its users. Instead of giving your Paypal account or credit card number you can pay with an anonymous Bitcoin wallet.

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Jan 09 2014

University of Nicosia is accepting Bitcoin Payments

Before Zynga and Overstock a university announced that it will accept Bitcoin payments, University of Nicosia in Cyprus. Now you can spend Bitcoins in university, you can send your children to study and pay with Bitcoins. They are accepting Bitcoin for tuition and also other fees. They do the same for all the University of Nicosia system including a college (Intercollege), Erasmus programs and professional training division. Early and middle adopters will love this and for me this is very big news.

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