AC Bitcoin Acquires Bitcoin.me

Atlantic City Bitcoin has completed the acquisition of the “Bitcoin.me” web site. This will be part of the Milly Bitcoin project to provide free support for Bitcoin users. A professional production agency has been employed to develop assist with presentation of the site. The “Bitcoin.me” site will have basic introductory material while MillyBitcoin.com will be […]

FinCEN Issues Bitcoin-Friendly Ruling for Miners

Milly Bitcoin’s Mining Rig

The US Department of Treasury, Financial Crimes Enforcement Network (FinCEN) has issues ruling that clears up an issue for Bitcoin mining. The issue involves whether someone who mines Bitcoins for themselves can trade them for cash at an exchange or spend them directly without being classified as a Money Services […]

Beware the API Key in Yor Online Bitcoin Account

Many new users who open Bitcoin online accounts with exchanges or online wallet programs do not fully understand the ramifications of the “API Key.” API stands for “Application Programming Interface.” This key allows for programs to interface with your account. For instance, if you have a computer program that makes automatic trades to your account. […]

Bitcoin Table at Philly Punk Rock Flea Market Saturday

Atlantic City Bitcoin will be offering free Bitcoin support at the Philly Punk Rock Flea Market on Saturday, December 14. Most Bitcoin events are geared towards techies and entrepreneurs. This event will give members of the public the opportunity to ask questions about Bitcoin while they do some Christmas shopping. Atlantic City Bitcoin […]

Misunderstandings Leading to Increased Bitcoin Volatilty

hile there are many contributing factors to Bitcoin’s price volatility in relation to established government currencies one contributing factor is a misunderstanding of Bitcoin.

Bitcoin is a currency, a “commodity,” and payment system. Many investors only see the commodity aspect and often point to “no intrinsic value.” To an investor there is no “intrinsic value” […]