2017-07-30

Update toward a potential Bitcoin Split

Update toward a potential Bitcoin SplitDear clients, Due to the possibility of splitting the Bitcoin network and creating another currency (called "Bitcoin Cash"), we will stop trading from Sunday, July 30th at 18:00, until 2 August at 16:00 *, as follows: 1. Sunday, July 30 at 18:00 - it will not be possible to open a purchase order and send money. Funds sent on Sunday and arriving on Monday, the 31st until 10:00 am will be treated. Any deposit you receive will then be sent back. 2. The
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2017-06-29

Summer updates: Expanding our distribution, simplifying cash and credit card purchases and more

Summer updates: Expanding our distribution, simplifying cash and credit card purchases and moreThe soaring interest in the crypto world was quick to reach Israel. Following major market changes, we, at Bits of Gold, have taken several steps to expand our services and adapt our operation to shifting circumstances. So what lies ahead? Here is a list we've prepared for you: Bits of Gold is now more accessible The sharp rise in the Bitcoin and Ethereum currencies this past month was followed by a s
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2017-01-16

Bits of Gold's Security Updates

Bits of Gold's Security UpdatesOne of our main goals for 2017 is to further secure the Bits of Gold website. As an Israeli Bitcoin company, we have encountered computer hacking attempts from the start, as hackers seek to undermine and tamper with our website's security. Due to the exclusive nature of the Bitcoin world (the inability to cancel a transaction, as well as relative anonymity), a significant number of large Bitcoin companies have come up against hacking attempts (Poloniex, Bitfinex, Bi
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2017-01-16

Yearly update 2016-2017

Yearly update 2016-2017Assuming Bitcoin will be traded for several thousand dollars, if not tens of thousands of dollars (let us to be optimistic), then 2016 will go down in history as the turning point in the advancement of Bitcoin. Whereas 2013 was the year Bitcoin made its breakthrough, and 2014-2015 showed a decline in Bitcoin, as opposed to developments in blockchain technology, it appears the market in 2016 began to internalize the advantages of Bitcoin and the various ways in which it can
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2017-01-03

How To Explain Bitcoin To Your Grandparents

How To Explain Bitcoin To Your Grandparents All rights reserved to VISUALISTAN at http://www.visualistan.com/ 'layouts/blog_page' %>
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2016-06-06

Ethereum Now Available In Bits Of Gold

Ethereum Now Available In Bits Of GoldDear customers, Over the last few years the crypto currency industry, which offers alternatives to the Bitcoin, has expanded, as well as its trading volume. For years the leading alternative to the Bitcoin was the Litecoin, leading the trading charts and interest. Ethereum has recently begun to gain momentum in interest, use and trading volumes. While Litecon's design does not appear to have a significant advantage over the Bitcoin, in the Ethereum it isn't
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2015-08-03

How to Secure Your Bitcoin Wallet

Lecture by Bits of Gold CEO, Gil Assayag

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2015-01-12

Bits of Gold updates - new rate index, new liquidity provider & temporarily lowers its fees

Bits of Gold updates - new rate index, new liquidity provider & temporarily lowers its feesDear Bits of Gold's clients, In the past week we've experienced another shock in Bitcoinland when Bitstamp, the largest Bitcoin Exchange for USD, has closed its doors for a few days. Surprisingly, the impact on the Bitcoin rate was little to none, Bitstamp made a remarkable job on staying transparent with their situation, and eventually reopened and returned to fully operate.  Although Bitstamp's rar
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2015-01-05

Bits of Gold switching to an alternative liquidity provider

Bits of Gold switching to an alternative liquidity providerDear clients,This morning, 05.01.15, Bitstamp closed it's market temporarily, and is not offering trading options at the moment. Bits of Gold is working on an alternative liquidity provider, and is pushing forward implementation.We are making efforts to make the trade smoother and easy for you, and are asking you for a small dose of patience. If you wish to place an order, it will be processed manually with us. Please note, this will ta
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2014-03-06

Has Satoshi Nakamoto, the Inventor of Bitcoin, been Found?

The Full Interview Translated to Hebrew, English Link At The End

Has Satoshi Nakamoto, the Inventor of Bitcoin, been Found?סטושי נקמוטו עומד בקצה כביש הגישה, ונראה חושש. ומוטרד. הוא לובש חולצת טי-שירט מקומטת, ג'ינס כחול וגרבי ספורט לבנות בלי נעליים, כמי שיצא מהבית במהירות. שיערו מוזנח, ומבטו מרוחק כמי שעבר שבועות ללא שינה. הוא עומד לא בהתרסה , אלא ברפיון של אדם שניהל קרב במשך זמן רב, וכעת עומד בפני אובדן קשה. שני שוטרים ממשרד השריף של העיר טמפל סיטי שבקליפורניה, מאגפים אותו, ומבטו מבולבל. " אז מה רצית לשאול את האיש הזה?" אחד מהם שואל אותי. "הוא חושב שא
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2014-02-12

Denial of Service at bitcoin exchanges – What happened there?

Denial of Service at bitcoin exchanges – What happened there?Over the past few hours many large bitcoin exchanges have frozen account withdrawals due to a bug which is present in many implementations of bitcoin software. We'll open by assuring that it currently does not seem that anyone is in danger of losing money and the freeze is no more than a precaution (update: as of 25/2/14 it seems Mt. Gox has lost millions of dollars to theft). We expect this freeze to last between a few hours to days.
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2014-01-26

Bitcoin Panel - When technology meets currency

Jonathan Rouach participating in a panel led by the Israel Internet Association

Bitcoin Panel - When technology meets currencyPlease watch this video:   'layouts/blog_page' %>
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2014-01-01

Israeli start-up begins cash-to-Bitcoin services, regulation compliant

Bits of Gold is happy to announce that Israeli customers can now buy Bitcoins using cash, in all major cities in Israel.

Israeli start-up begins cash-to-Bitcoin services, regulation compliantTel Aviv,Israel - Through a collaboration with Global Money Transfer (G.M.T), Israelis can now go to their closest exchange bureau and purchase the online currency using Israeli Shekel. Later this year, the company will enable Bitcoin to cash conversions. Bits of Gold (www.bitsofgold.co.il), started in 2013, uses G.M.T.'s extensive regulation expertise, offering strict compliance with current and future anti-money-laundering (A
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2014-01-01

First Bits of Gold conference & panel

Bits of Gold's clients and guests were invited to a talk about Bitcoin: 'Will it catch?'

First Bits of Gold conference & panelRamat Gan, Israel - In collaboration with Harel, clients and guests were invited by Bits of Gold to hear about the latest developments in the industry, to understand the reasons and culture behind the Bitcoin movement, and to learn more about Bitcoin mining. Speakers included Eyal Hertzog, an Internet entrepreneur and digital money enthusiast, Meni Rosenfeld, the founder of the Israeli Bitcoin community and a world Bitcoin expert, Guy Corem, the founder of a c
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