CryptoCoinsInfoClub.com

The Rise And Rise Of Bitcoin

The Rise And Rise Of Bitcoin

The Rise And Rise Of Bitcoin

by Nicholas Mross International Documentary Film / Competition What is Bitcoin? Privately launched in 2009, this virtual currency has also been called digital gold. Bitcoin has experienced a boom in recent years, and is now accepted as a means of payment by many traders worldwide. But is Bitcoin really the money of the future or just a flash in the pan? Director Nicholas Mross follows his brother Dan, a busy family man, programmer and Bitcoin aficionado, on a journey through the world of this new digital currency. He highlights every facet of this Internet phenomenon: In addition to many Bitcoin entrepreneurs having their say, Mross also focuses on the legal aspects, as well as the social and political dimensions, of this open source cryptocurrency. Not surprisingly, this filmic analysis was financed with cash raised via crowdfunding and payments made with PayPal and Bitcoin. Cast: Daniel Mross, Charlie Shrem, Jered Kenna, Erik Voorhees Screenplay: Patrick Lope, Daniel Mross, Nicholas Mross Producers: Ben Bledsoe, Nicholas Mross, Patrick Lope, Ashley Mross, Daniel Mross, Juergen Mross Production Companies: 44th Floor Productions, Fair Acres Films, Daronimax Media Continue reading >>

The Rise And Rise Of Bitcoin

The Rise And Rise Of Bitcoin

The Rise and Rise of Bitcoin Dan is a 35 year old computer programmer from Pittsburgh who lives a busy life. Along with balancing work, his marriage, and raising his three boys, Dan spends much of his time actively involved in all things Bitcoin. After discovering Bitcoin in 2011, his love and obsession for the crypto-currency was born, revealing an uncharted world of new possibilities for him to explore. Join us as we take a journey through the rapidly growing world of Bitcoin. Along the way, we'll follow the stories of entrepreneurs and startups that are helping shape the new financial frontier. We'll look at the competitive mining market and the various subcultures within the Bitcoin community. You'll encounter a variety of characters and opinions as we examine the social and political impact of an open-source digital currency. Will the rise of Bitcoin bring a monetary paradigm shift that will forever change the world?Supposedly invented by a mysterious Japanese man named Satoshi Nakamoto (whose current whereabouts are unknown), Bitcoin is a peer-to-peer monetary system in which all transaction records are public. Participants can use its open-source software to transfer virtual currency to one another as easily as they might send an email. Because it is designed to have an absolute ceiling of 21 million Bitcoins in circulation (not anticipated until 2040), and the system has no central depository or administrative authority, it has great appeal to libertarians and others who seek alternatives to a perceived corrupt, manipulative banking infrastructure and excessive government regulations. Its low processing fees compared with those of mainstream credit-card companies also hold considerable allure for merchants. Continue reading >>

"the Rise And Rise Of Bitcoin" Released Worldwide, But Needs Mainstream Viewers

Last updated on January 2nd, 2018 at 12:00 am The documentary, The Rise and Rise of Bitcoin , has finally been released to the world, being distributed by Gravitas Ventures , and can be watched on Vimeo or Itunes . The final pricing structure has been worked out to$4.99 for a 72 hour rental, $12.99 to buy a digital copy, $17 to order a DVD, and $20 to order a Blu-ray. A digital copy, DVD, or Blu-ray can be obtained on the Bitcoin films home page, and can, of course, be purchased with BTC. Unfortunately, the option to pay with Bitcoin is not available onVimeo, nor can BTC be used on Itunes (though Vimeo may be accepting Bitcoin in the near future), but that should not hamper anyones ability to obtain a copy. The History ofThe Rise and Rise of Bitcoinand Its Creators The Rise and Rise of Bitcoinis a documentary that was originally began byNicholas and Daniel Mross. Daniel, one of the writers, is the central focus of the film, and is a co-producer, while Nicholas is also a writer, the director, and producer. He discovered Bitcoin in 2011, and much of his involvement in the community was documented throughout the movie. Nicholas created the production company, Fair Acres Films to produce this film, along with DARONIMAX Media . He also directed, alongside Brian Hartman, the 2013 film, Riddle, starring Val Kilmer andElisabeth Harnois. Riddle was also produced byBrian Hartman, as well as the previously mentioned DARONIMAX Media. The Rise and Rise of Bitcoinbegan filming in early 2012, and has been heavily supported by the community,with a small amount of criticism . The project war announced on Bitcointalk in March of 2013, and the trailer was posted on Reddit in May of 2013. While the documentary was being developed, Bitcoin wenton a rollercoaster ride of price swings , cont Continue reading >>

The Rise And Rise Of Bitcoin Reviews - Metacritic

The Rise And Rise Of Bitcoin Reviews - Metacritic

Although, I don't care for the title of the documentary, which is pure hubris, the actual documentary is quite good as the filmmaker mostAlthough, I don't care for the title of the documentary, which is pure hubris, the actual documentary is quite good as the filmmaker most definitely has excellent access to big players within the bitcoin world. The bitcoin people all come across as motivated, sincere, and gifted in intelligence. The government and bank authorities interviewed do a commendable job too in outlining their positions. The upshot of bitcoin, is it is a digital currency and unfortunately for bitcoin proponents, because the authorities want to regulate bitcoin as if it is a bank, they have to behave as if they are subject to these same laws without having the experience or background in actual banking. That is why Charlie Shrem suffers the indignity of being prosecuted for money laundering. Then there are other entrepreneurs in bitcoins that have lost control of their bitcoins to cybertheft or outright theft by insiders or those that have compromised the bitcoin exchange system. Unfortunately, for innocent investors that have lost their bitcoins there is no realistic recourse to ever get them back. Through it all, you must admire the effort, drive, and determination that the overall bitcoin world has brought to bear and to demonstrate to us that the old-school way of banking, is not the only way that banking need be conducted, that digital currency with integrity of its currency has its place. Unfortunately, for bitcoin, and not discussed within this documentary, the powers-to-be will never allow bitcoin to succeed as a real alternative to present day banking, as modern day bankers will either force it out of business or co-opt it. There is no in-between. Exp Continue reading >>

The Rise And Rise Of Bitcoin

The Rise And Rise Of Bitcoin

Editor's note: This film is no longer available online. Scroll for our bitcoin timeline. Daniel Mross is a computer programmer from Pittsburgh, who - along with balancing work, marriage, and raising three boys - spends much of his time involved in everything related to Bitcoin. When he discovered the crypto-currency in 2011, it opened up an uncharted world of new possibilities for him to explore. "It's fascinating to imagine what it means to have global decentralised money," he says. In this two-part documentary, we go inside the complex world of Bitcoin to explorethe social and political impact of an open-source digital currency and ask if it could create a monetary paradigm shift that will forever change the world. Bitcoin, much like the internet in 1994, is not easily explained or understood. Its advocates compare the technical innovation with that of the World Wide Web. But while the internet changed the way people communicate, Bitcoin changes the way people view and use money. My concern is how the governments will react. They can't kill or stop Bitcoin, but they could impede it and they could get in the way of its development. Bitcoin was created to provide an alternative to the banking system. It is an open accounting system that allows thousands of computers from around the world to track ownership of digital tokens - the Bitcoin - as part of a purchase transaction. All transactions are visible to Bitcoin users and, once verified, are logged in a public ledger called the "blockchain". The "blockchain" records every Bitcoin transaction since the launch of the system and every user has a copy of the transactions. This is the primary difference between Bitcoin and the current finance banking system. While physical currency is issued through a central authoritative Continue reading >>

All You Need To Know About Bitcoins Rise, From $0.01 To $15,000

All You Need To Know About Bitcoins Rise, From $0.01 To $15,000

Bloomberg the Company & Its Products Bloomberg Anywhere Remote LoginBloomberg Anywhere Login Bloomberg Terminal Demo Request Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. All You Need to Know About Bitcoins Rise, From $0.01 to $15,000 The initial price of bitcoin, set in 2010, was less than 1 cent. Now its crossed $16,000. Once seen as the province of nerds, libertarians and drug dealers, bitcoin today is drawing millions of dollars from hedge funds. The recent price surge may be a bubble. Or it could be a belated recognition by the broader financial community that so-called cryptocurrencies -- digital forms of money -- are going mainstream. It might be time to nail down what a bitcoin is, and why its price has been going through the roof. Its a form of money thats remarkable for what its not: Its not currency you can hold in your hand. Its not recognized by most Main Street stores. Its not issued or backed by a national government. At their core, bitcoin and its imitators are sets of software protocols for generating digital tokens and for tracking transactions in a way that makes it hard to counterfeit or re-use tokens. A bitcoin has value only to the extent that its users agree that it does. 2. Where did the bitcoin system come from? white paper in 2008 by a person or group of people using the pseudonym Satoshi Nakamoto, whose identify remains unknown, despite several efforts to assign or claim credit . Online fantasy games had Continue reading >>

Pickford Film Center - The Rise And Rise Of Bitcoin

Pickford Film Center - The Rise And Rise Of Bitcoin

Pickford Film Center Sun,Jan 18, 2015 2:30 PM Not Available Pickford Film Center Sun,Jan 18, 2015 7:30 PM Not Available Dan is a 35 year old computer programmer from Pittsburgh who lives a busy life. Along with balancing work, his marriage, and raising his three boys, Dan spends much of his time actively involved in all things Bitcoin. After discovering Bitcoin in 2011, his love and obsession for the crypto-currency was born, revealing an uncharted world of new possibilities for him to explore. Join us as we take a journey through the rapidly growing world of Bitcoin. Along the way, we'll follow the stories of entrepreneurs and startups that are helping shape the new financial frontier. We'll look at the competitive mining market and the various subcultures within the Bitcoin community. You'll encounter a variety of characters and opinions as we examine the social and political impact of an open-source digital currency. Will the rise of Bitcoin bring a monetary paradigm shift that will forever change the world? Continue reading >>

The Rise And Fall Of Bitcoin - Tales From The Crypto

The Rise And Fall Of Bitcoin - Tales From The Crypto

THE great Sir Isaac Newton may have revolutionised our knowledge of the world but he still had his blind spots. He was sucked into the great mania of his day, the South Sea Bubble (pictured) and lost a lot of money. I can calculate the motion of heavenly bodies but not the madness of people, he ruefully reflected. In retrospect, he should have pondered the popular saying that was used to define his law of gravity: What goes up, must come down. Investors in bitcoin are learning this old truth. The price of the cryptocurrency peaked last month at somewhere over $19,000 (there is a very wide spread , a problem in itself) but, at the time of writing (around 11am GMT), some exchanges now show a price below $10,000. Perhaps the best way of understanding bitcoin is through a model of how bubbles operate. The classic model, developed by Hyman Minsky and elaborated by Charles Kindleberger, a historian who studied bubbles, has five stages: displacement, boom, euphoria, financial distress and revulsion. The displacement is some technological development that can be used to justify a new erarailways, canals, the internet or blockchain. A boom then occurs and drags in more and more investors; at some stage, we reach euphoria, where the boom is widely known to the public and there is talk about those who made millions from the trade. This stage had been reached in November, when there were adverts for cryptocurrencies on the train and discussions on popular radio programmes. In the euphoria stage, people buy because others are buying and because they anticipate being able to sell quickly at a higher price. For a while, this trend is self-reinforcing. At some stage, however, doubts set in; some people decide to take their profits while they can. Bad news occurs; with bitcoin, it seem Continue reading >>

The Rise And Fall And Rise Of Bitcoin

The Rise And Fall And Rise Of Bitcoin

A single bitcoin is now worth more than an ounce of gold. The digital currency crossed that threshold for the first time last Thursday , and at one point on Friday it was trading at $1,292.71 compared to gold at $1,226.89. Of course, as Quartz noted , "the milestone is inherently arbitrary." If gold was measured by a different unit of weight, its value could be higher or lower. But the symbolism is still significant. An ounce of gold holds a special place in our popular imagination. And it's an impressive mark for bitcoin to surpass. Back in late 2013, the value of a bitcoin came close to $1,200 but then it crashed spectacularly to $600 in almost no time at all. It briefly stabilized at $800, then it went into a slo-mo slide back to $200 over the course of 2014. Lots of observers wrote off the virtual currency as a failed experiment. Now bitcoin is back, in defiance of the naysayers. To what do we owe its resurrection? To answer that question, let's go back to bitcoin's beginning. Bitcoin a highly encrypted form of digital currency was founded on a certain renegade libertarian romanticism. It wasn't controlled by a powerful central government, but by a decentralized network of participants. By 2013, 70 percent of all bitcoin trading went through an exchange called Mt. Gox, founded in Tokyo in 2010 as a way for investors to trade bitcoin for real currencies. Mt. Gox's CEO, Mark Karpeles, was neck deep in the romanticism of bitcoin. And while Karpeles was, by all accounts, a brilliant software entrepreneur, he also didn't understand the basic security features and best practices your standard financial or software firm uses to protect itself. Sure enough, a massive raid by hackers effectively bankrupted the company in late 2013. That was a huge factor in bitcoin's near-d Continue reading >>

'the Rise And Rise Of Bitcoin,' From Nicholas Mross

'the Rise And Rise Of Bitcoin,' From Nicholas Mross

'The Rise and Rise of Bitcoin,' From Nicholas Mross A scene from "The Rise and Rise of Bitcoin." Credit Gravitas Ventures The Rise and Rise of Bitcoin explains what bitcoins are in plain English. It begins with Daniel Mross, a programmer in Pittsburgh who builds computers to mine bitcoins, the virtual currency that was introduced in 2009 and, in theory, provides an alternative to the banking system. Bitcoins are managed through a global, peer-verified network rather than a central entity like the Federal Reserve. Beyond shots of Mr. Mross grilling burgers and joking about sending his baby to college on bitcoins, this largely optimistic documentary directed by his brother, Nicholas Mross explores the wider world of bitcoin entrepreneurship. The idea of a currency without a government appeals to libertarians. Bitcoins might help to integrate less developed countries into the global economy. The movie also acknowledges a dark side. Theres an interview with a drug-dealing early adopter identified only as Mr. Bitcoin. Jennifer Shasky Calvery , the director of the Treasury Departments Financial Crimes Enforcement Network, expresses concern with the potential for money laundering and terrorist financing. But the film never addresses the fundamental objection of economists like Brad DeLong and the New York Times Op-Ed columnist Paul Krugman , who question whether bitcoins constitute a stable store of value. The fates of several of the movies bitcoin entrepreneurs are unlikely to send viewers rushing to exchange their dollars. But The Rise and Rise of Bitcoin nevertheless functions as an entertaining portrait of the unshakable optimism that governs whats been called a financial Wild West. Writers Patrick Lope, Daniel Mross, Nicholas Mross Stars Gavin Andresen, Brian Armstrong, Continue reading >>

'the Rise And Rise Of Bitcoin' - Movie Review

'the Rise And Rise Of Bitcoin' - Movie Review

Tap here to turn on desktop notifications to get the news sent straight to you. 09/30/2014 11:35 am ETUpdatedDec 06, 2017 'The Rise and Rise of Bitcoin' - Movie Review Last night at Innotribe SIBOS I watched the premier of a brand new documentary movie called The Rise and Rise of Bitcoin (TRRB), directed by Nicholas Mross and featuring his brother Dan Mross. The story of the movie as per the website is explained as follows: Daniel is a 35-year-old computer programmer from Pittsburgh who lives a busy life. Along with balancing work, his marriage, and raising his three boys, Daniel spends much of his time actively involved in all things Bitcoin. After discovering Bitcoin in 2011, his love and obsession for the crypto-currency was born, revealing an uncharted world of new possibilities for him to explore. Join us as we take a journey through the rapidly growing world of Bitcoin. Along the way, we'll follow the stories of entrepreneurs and startups that are helping shape the new financial frontier. We'll look at the competitive mining market and the various subcultures within the Bitcoin community. You'll encounter a variety of characters and opinions as we examine the social and political impact of an open-source digital currency. Will the rise of Bitcoin bring a monetary paradigm shift that will forever change the world? The movie itself takes place over a number of years and tracks the rise of the digital currency in 2010 when Laszlo Hanyecz paid a fellow Bitcoin Talk forum user 10,000 BTC for two Papa John's pizzas, through to it's peak when it exceeded $1,000 in 2013. On the way, however, the journey of the Bitcoin community is fascinating, and this new documentary does an amazing job of explaining the motivations of this extremely disparate group of fans, and why Bit Continue reading >>

The Rise And Rise Of Bitcoin

The Rise And Rise Of Bitcoin

I think that in December of this year when all the news outlets are doing "year in review" stories, you'll see bitcoin covered. Years from now history will mark 2014 as the real breakout year for bitcoin. This film does a really nice job of breaking it all down: what is bitcoin? why should I care? why are people critical of bitcoin? why are people excited about it? The film has good pacing and kept me interested from start to finish. Now I'm going to buy a little bitcoin and see what happens! Unlike other post-event documentaries, this one was filmed during some of the major events that scoped the current Bitcoin landscape. Starting with BitInstant and Mtgox in 2012, the crew has filmed the very first Bitcoin startups, the birth of Bitcoin Foundation and amazing footage. It's one of those films that captivates you until it's over. Highly recommended. The question, for the last year, on everyone's mind who has even heard of Bitcoin is, "What is Bitcoin?" No news piece or book has held a flame to the in-depth, insider perspective that this doc does. It caught the history of Bitcoin as it was happening and puts to rest the Bitcoin mysteries that stump the average bear. If you are on the fence about Bitcoin this will put you at ease. Continue reading >>

'rise And Rise Of Bitcoin' A Clear-cut Take On Digital Currency

'rise And Rise Of Bitcoin' A Clear-cut Take On Digital Currency

'Rise and Rise of Bitcoin' a clear-cut take on digital currency A still from the documentary, "The Rise and Rise of Bitcoin." (Preferred Content) Whether the crypto-currency in this documentary film is viewed as the inevitable future of e-commerce or a speculative bubble destined to burst, "The Rise and Rise of Using his bitcoin-obsessed computer-programmer brother Dan as a tour guide, filmmaker Nicholas Mross takes a straight-ahead, even-handed approach to the controversial payment system. Tracing the bitcoin to 2009, when a shadowy figure with the moniker first floated the open source, peer-to-peer concept of "global decentralized money," the documentary follows a community of tech geeks who were among the early adopters. They were soon joined by a parade of high-rolling speculators, libertarians and black market dealers who were all attracted to the notion of a currency that wasn't tied to the institutional banking system or personal identity. Inevitably the federal regulators caught up (one of the film's subjects notes that historically, regulation evolves slower than innovation) and crackdowns and subpoenas followed. As a result, several of those featured bitcoin millionaires are later shown filing for bankruptcy or, in the case of Charlie Shrem, former chief executive of the early bitcoin exchange BitInstant, being arrested. (Last month he pleaded guilty to aiding and abetting the operation of an unlicensed money transmitting business.) Despite subsequent damage inflicted by hackers and scammers, the bitcoin (currently hovering around $380 to $385) endures. Continue reading >>

The Rise And Rise Of Bitcoin Review: Rah-rah Doc Lacks Larger Perspective Variety

The Rise And Rise Of Bitcoin Review: Rah-rah Doc Lacks Larger Perspective Variety

Official Site: As its title indicates, The Rise and Rise of Bitcoin takes a decidedly optimistic view of the digital currency some call the money of the future, while others little heard from here dismiss it as a overblown hype doomed to failure. The consistent rah-rah tenor makes Nicholas Mross documentary less interesting than it could be, since it shies away from most tough questions to simply chase the enthusiasm demonstrated by Bitcoin supporters. That makes these 96 minutes rather like being stuck in one long meeting with the almost invariably young, white, middle-class male members of a startup: Their zeal isnt all that infectious unless youre already on the team. Pic opened in New York, Los Angeles and Cleveland on Oct. 3, with VOD launch on Oct. 10. Supposedly invented by a mysterious Japanese man named Satoshi Nakamoto (whose current whereabouts are unknown), Bitcoin is a peer-to-peer monetary system in which all transaction records are public. Participants can use its open-source software to transfer virtual currency to one another as easily as they might send an email. Because it is designed to have an absolute ceiling of 21 million Bitcoins in circulation (not anticipated until 2040), and the system has no central depository or administrative authority, it has great appeal to libertarians and others who seek alternatives to a perceived corrupt, manipulative banking infrastructure and excessive government regulations. Its low processing fees compared with those of mainstream credit-card companies also hold considerable allure for merchants. Its still considered an experiment, but has fascinated the business world since 2009, when the first Bitcoins were electronically mined. While commercial transactions have lagged behind speculative activity, their value Continue reading >>

The Rise Of Bitcoin: Why Bytes Are Worth More Than Gold For Now

The Rise Of Bitcoin: Why Bytes Are Worth More Than Gold For Now

The rise of Bitcoin: Why bytes are worth more than gold for now The value of Bitcoin soars to a historic high as investors hold out hope for new recognition for the cryptocurrency from theSecurities and Exchange Commission. An illustration photo of Bitcoin (virtual currency) coins are seen at La Maison du Bitcoin in Paris. Bitcoin certainly doesnt glitter, but that isnt stopping it from catching the eye of traders around the world. Worth less than a tenth of a cent in 2009, the value of a single bitcoin reached a high of about $1,293 on Friday, surpassing the value of an ounce of gold for the first time. The surge of interest hinges on optimism that the Securities and Exchange Commission will approve thefirst USbitcoinexchange-traded fund this coming week, lending an unprecedented level of credibility to the crypotocurrency. "There's one catalyst at the moment and that is the expectation that the Winklevoss Trust will be approved on the 11th of March. That's the only game in town," Daniel Masters, portfolio manager of Jersey-based Global AdvisorsBitcoinInvestment Program, told Reuters. Cameron and Tyler Winklevoss filed anapplication with the SEC for abitcoin"exchange-traded fund" four years ago. Approval would lend a certain level of liquidity to the cryptocurrency, and with it, a new degree of credibility that investors expect to drive further interest in Bitcoin. But this week's historic level of interest could quickly disappear if the SEC opts not to approve the Winklevoss's application, because, unlike traditional currencies, Bitcoin isn't tied to any tangible value marker. And while Bitcoin surpassing the value of gold makes for good headlines, comparingtroy ounces of gold to bitcoin makes about as much sense as comparing apples to oranges. Ready to invest in Bit Continue reading >>

More in bitcoin