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Bitcoin & CryptoCoins for Kenya
mic_mic
#41 Posted : Thursday, October 16, 2014 12:28:02 AM
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Joined: 12/30/2012
Posts: 545
Location: NBI
AlphaPoint Secures $1.35 Million Investment to Power Digital Currency Exchanges Globally

http://www.cnbc.com/id/102089504
BITCOIN TRADERS KENYA Whatsapp group +254 705 299 429
mic_mic
#42 Posted : Friday, October 17, 2014 12:13:06 AM
Rank: Member

Joined: 12/30/2012
Posts: 545
Location: NBI
Perefect 5 min youtube video to explain the immensity that is bitcoin and the Bitcoin blockchain.

https://www.youtube.com/...d&utm_medium=twitter
BITCOIN TRADERS KENYA Whatsapp group +254 705 299 429
mic_mic
#43 Posted : Tuesday, October 21, 2014 11:16:21 PM
Rank: Member

Joined: 12/30/2012
Posts: 545
Location: NBI
Why the Bank of England has been talking up the Bitcoin blockchain as a payment network. Look at what happens with old networks designed over 20 years ago,

Bank of England £277 billion a day payment system crashes
Read more at
http://www.westerndailyp...tml#P26yoAkXsZuJql4X.99


Their day of integrating the blockchain draws closer
BITCOIN TRADERS KENYA Whatsapp group +254 705 299 429
mic_mic
#44 Posted : Wednesday, October 22, 2014 2:36:43 AM
Rank: Member

Joined: 12/30/2012
Posts: 545
Location: NBI
This distributed financial platform is the future of ATS and ECNs. Who needs an old fashioned 4% fee asset exchange centralized system when a more robust decentralized low cost alternative exists.

NSE and East African exchanges should get with the program

http://en.wikipedia.org/wiki/Counterparty_(technology) One of my favorites and have used

Overstock.com plans to use this platform to issue its stock to the public by creating a bitcoin-inspired securities trading platform. Patrick Byrne CEO says it will take out 20% of the costs associated with issuing an IPO on Wallstreet!

Catch this podcast and hear more http://letstalkbitcoin.c...-and-the-pretense-of-law
BITCOIN TRADERS KENYA Whatsapp group +254 705 299 429
mic_mic
#45 Posted : Thursday, October 23, 2014 2:11:39 AM
Rank: Member

Joined: 12/30/2012
Posts: 545
Location: NBI
U.K. Government Keeping An Open Mind On Bitcoin, Says Digital Economy Minister

http://techcrunch.com/20...hcrunch+%28TechCrunch%29
BITCOIN TRADERS KENYA Whatsapp group +254 705 299 429
liomungai
#46 Posted : Thursday, October 23, 2014 2:01:16 PM
Rank: New-farer

Joined: 2/17/2010
Posts: 47
Location: Nairobi
Bitcoin is really happening!! Locally I have tried the BitX bitcoin exchange and it is quite straight forward and the process is smooth.
Also there is the bitcoin online Peer -to-Peer Lending website BTCJam with quite some Kenyan participation...
https://btcjam.com/?r=53..._campaign=user_referral
People who look for easy money invariably pay for the privilege of proving conclusively that it cannot be found on this sordid earth
mic_mic
#47 Posted : Friday, October 24, 2014 1:33:28 AM
Rank: Member

Joined: 12/30/2012
Posts: 545
Location: NBI
Proposed bitcoin non-national affiliation or monetary metal symbol XBT by ISO 4217

Why Bitcoin Needs an ISO-Certified Currency Code http://www.coindesk.com/...certified-currency-code/
BITCOIN TRADERS KENYA Whatsapp group +254 705 299 429
mic_mic
#48 Posted : Friday, October 24, 2014 1:36:56 AM
Rank: Member

Joined: 12/30/2012
Posts: 545
Location: NBI
liomungai wrote:
Bitcoin is really happening!! Locally I have tried the BitX bitcoin exchange and it is quite straight forward and the process is smooth.


Unfortunately, there is not enough volumes on local exchanges, so the prices are not in tandem with global prices. Anyways,

here is a proper BTC chart site where the real action happens. Chinese, US and European exchanges all under one roof

https://bitcoinwisdom.com/markets/bitstamp/btcusd

Currently, a wave V of B. . . then C. Elliot Wave anyone?
BITCOIN TRADERS KENYA Whatsapp group +254 705 299 429
mic_mic
#49 Posted : Sunday, October 26, 2014 3:10:05 PM
Rank: Member

Joined: 12/30/2012
Posts: 545
Location: NBI
Bank of England statement:

The Bank of England did notice the innovation in bitcoin’s technology, particularly its decentralized payments system and public ledger, averring that the ladder could fundamentally alter the way payment systems work and proves that digital records can be securely stored without any central authority.

“The key innovation of digital currencies is the ‘distributed ledger’ technology that allows a payment system to operate in an entirely decentralized way, with no intermediaries such as banks,” the BoE’s quarterly report stated. “It may be possible in the future — in theory, at least — for the existing infrastructure of the financial system to be gradually replaced by a variety of distributed systems.”

It added: “This development could allow any type of financial asset, for example shares in a company, to be recorded on a distributed ledger. Distributed ledger technology could also be applied to physical assets where no centralized register exists, such as gold or silver.”
BITCOIN TRADERS KENYA Whatsapp group +254 705 299 429
mic_mic
#50 Posted : Monday, October 27, 2014 2:57:26 AM
Rank: Member

Joined: 12/30/2012
Posts: 545
Location: NBI
h
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