A “bitcoiner” is a person or a business that trades in bitcoins, a digital currency. The name “bitcoiner” has been cited in print since at least August 2010.
Bitcoin (BTC) is a digital currency which was first described in a 2008 paper by pseudonymous developer Satoshi Nakamoto, who called it an anonymous, peer-to-peer, electronic payments system. Bitcoin creation and transfer is based on an open source encryption protocol and is not managed by any central authority. The creation of new bitcoins is automated and may be accomplished by servers, called bitcoin miners that run on an internet-based network and confirm bitcoin transactions by adding codes to a decentralized log, which is updated and archived periodically. Each bitcoin is subdivided into 100 million smaller units called satoshis, defined by eight decimal places.
Re: Arduino Library to interface with Bitcoin
August 20, 2010, 07:44:08 PM #4
There would need to be a concentration of bitcoiners for this to work. I suggest penetrating into a community that would be extremely receptive to bitcoins.
New form of money: Bitcoins
Posted on March 8, 2011 by sumchancer
Anarchic cryptocurrency. Decentralized, peer-to-peer, impracticable to forge, resilient, inherently deflationary and (effectively) endlessly divisible. And in use.*
One thing I’ve noticed is the troubling prevalence of anarchists (cool) libertarians (uh-oh) and anarcho-capitalists (eek!) among bitcoiners so far.
The BitCoiners Strike Back
Posted on : 21-06-2011 | By : admin | In : Bitcoin Buzz
I cannot say I’m surprised that my piece about BitCoins provoked a strong reaction. The idea of a private, crypto-currency inspires a lot of passion among its advocates.
The Gem Vault
Posted on May 20, 2012 by Administrator
I would like to extend a warm welcome to anyone in the bitcoin community who landed here! I am an avid bitcoin proponent and I believe that is has the power to change the world.
Economic Policy Journal
WEDNESDAY, APRIL 10, 2013
Bitcoiners: Remember What Happened to eGold
Posted by Robert Wenzel at 10:00 AM
Wikipedia has a decent background report (my highlights): ...
BITCOIN TRADER: Don’t Worry About The Crash, This Chart Shows We Should Have Seen It Coming
Joe Weisenthal | Apr. 10, 2013, 2:26 PM
As Bitcoin crashes, the Bitcoin Fanboys are out in force.
Some are encouraging their fellow Bitcoiners to stay strong, and to HOLD in the face of collapse.
New York City • Banking/Finance/Insurance • Wednesday, April 17, 2013 • Permalink